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WINDS OF CHANGE BLOWING OVER JAPAN
A.E. Cullison |
Wednesday's dissolution of Japan's powerful House of Representatives, entailing a pro- jected loss f
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
VA. PORT GIRDS FOR A RATE WAR
Allen R. Wastler |
Virginia's Port of Hampton Roads is facing a slowdown in its double-digit growth rate and a possible
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FED FORECASTS SLUGGISH GROWTH FOR MOST REGIONS THIS YEAR
Knight-Ridder Financial |
The economy is expanding slowly in most regions of the United States, with the West outperforming t
NISSAN MOTORS TO GO AHEAD WITH DISPUTED COMMERCIAL
Journal of Commerce Staff |
Nissan Motors Corp. U.S.A. intends to go ahead with a controversial commercial scheduled to air duri
MARITIME BRIEFS
From Wire and Staff Reports |
FMC CHIEF TO ADDRESS TRANSPORTATION TABLEJames J. Carey, acting chairman of the Federal Mari
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 24, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
NS EARNINGS DOWN 17.2 PERCENT IN QUARTER
Lawrence H Kaufman |
Norfolk Southern Corp. earned $148.2 million, or 87 cents a share, in the fourth quarter, down 17.2
Rail News
BRAZILIAN SHOEMAKERS HOPE TO ACHIEVE NEW FEATS IN '90
James Bruce |
Shoemakers here are watching anxiously for signs of change in discouraging domestic and export marke
Maritime
DOLLAR DROPS WITH STOCKS
Knight-Ridder Financial |
The dollar fell sharply with the stock market early Wednesday and later rebounded on worsening news
ECONOMIC DATA ABROAD
Wire and Staff Reports |
SINGAPORE COMPANIES POST RECORD EXPORTSLocally owned companies are projected to have exporte
BOSTON WATERWAY WOES COULD BOOST GASOLINE PRICES
Michael S. Lelyveld |
Stranded oil terminal operators voiced hope that the Chelsea River could be reopened to tanker traff
COASTAL'S MIAMI UNIT TO CHANGE ITS NAME
Journal of Commerce Staff |
The Coastal Corp. said Wednesday that its Belcher Oil Co., Miami, subsidiary will change its name to
PEOPLE - COMMODITIES
From Wire and Staff Reports |
INTERNATIONAL PROTEINS CORP. (Woodbridge, N.J.) - J. Eric Hanson was named vice chairman and chief e
COAL BRIEFS
Wire and Staff Reports |
PHILIPPINES PUSHING COAL DEVELOPMENTMANILA, Philippines - Philippine President Corazon Aquin
HONG KONG SHIPOWNER WEIGHS SINGAPORE MOVE EXPECTS SHORTAGE OF MANPOWER
P.T. Bangsberg |
One of the colony's largest shipowners is studying plans to shift some technical operations to Singa
Maritime
TANKER VENTURE PLANS STOCK SALE
Journal of Commerce Staff |
A Norwegian investment bank and a Bermuda-registered oil company are attempting to raise $140 millio
Maritime
EUROPEAN COMMUNITY TO REWORK PROPOSALS FOR INVESTMENT RULES
From Wire Reports |
The European Community has been forced by Britain and West Germany to rework its plans to harmonize
AIRBUS WINS ORDER FROM USSR - A FIRST
Edwin Unsworth |
Aeroflot, the Soviet airline, chose the European Airbus Industrie consortium over U.S. aircraft manu
THE ECONOMY
Wire and Staff Reports |
BIG 3 AUTOMAKERS DROP 6 PERCENT IN SALESThe three major U.S.-based carmakers showed a 6 perc
EC TO ACCEPT GATT SOYBEAN SUBSIDY RULING
Bruce Barnard |
The European Community will formally accept defeat today in a long-running and acrimonious dispute w
TRADING WITH ISRAEL ISRAEL BOOSTS US TRADE
Charles Thurston |
Although Israel enjoys free trade agreements with both the European Community and the United States,
Maritime
SIEMENS, IBM JOIN IN CHIP VENTURE
(Ap) |
IBM and Siemens AG, the German electronics giant, have announced an agreement to develop jointly a n
Maritime
BRAZILIAN OIL WORKERS ACCEPT COURT AWARD, RETURN TO WORK
Knight-Ridder Financial |
Brazil's 60,000 oil workers returned to their jobs Wednesday after voting to accept a special labor
CME EXPELS, FINES 2 YEN TRADERS
Knight-Ridder Financial |
The Chicago Mercantile Exchange said late Tuesday that it has expelled and levied heavy fines agains
US, USSR BEGIN FINAL DAY OF TALKS
Mark D. Berniker |
U.S. and Soviet negotiators today begin their fourth and final day of bilateral shipping talks with
Maritime
VULCAN GETS NOD TO USE SIX SHIPS
Marie Prat |
Vulcan Carriers Ltd. has won Maritime Administration approval to use six ships instead of four under
Maritime
OUTLOOK FOR SEAGIRT TERMINAL IN BALTIMORE STILL UNCERTAIN
WILLIAM DiBENEDETTO |
The work rules of the Port of Baltimore's unopened high-technology marine terminal will remain unset
SOVIET PORTS UNABLE TO COPE WITH GLUT OF GRAIN IMPORTS
Mark D. Berniker |
The Soviet Union is facing a severe crisis as nearly 3 million tons of grain imports sit idle in por
TOP OF THE DAY NEW SOFTWARE PACKAGE TEACHES HOW TO EXPORT
William Armbruster |
You're the marketing manager for Xebec Co., a maker of industrial process- control equipment. The co
MARINE INSURERS REMOVE PANAMA WAR RISK STATUS
Edwin Unsworth |
London's influential marine insurers are removing Panama, including the Canal Zone, from their list
PEOPLE - INSURANCE
Wire and Staff Reports |
JOHNSON & HIGGINS (New York) - Gregory N. Dekker was named a vice president, aviation division, of t
BALTIC FREIGHT INDEX
JOC Staff |
1653 (Jan. 24, 1990) Previous day - 1663 The Baltic International Freight Futures Market in
Maritime
BUSINESS GROUP URGES EASING OF RESTRICTIONS CONTROLS 'HURT' US EXPORTERS
William Armbruster |
A key business group this week called for a drastic scaling down of export controls on products trad
Maritime
2 US BROKERS SET TO OPEN IN TAIWAN
From Wire Reports |
Taiwan's Securities and Exchange Commission has approved plans by Merrill Lynch & Co. and Shearson L
NJ AUTO INSURERS TO FIGHT FLORIO PLAN
Lorraine Iannello |
Gov. Jim Florio's plan to reduce New Jersey's car insurance rates may win him friends among drivers,
MARAD OFFICIAL SET TO ADDRESS BREAKBULK MEET GA. CONFERENCE SEEN AS 'FIRST'
Journal of Commerce Staff |
Deputy U.S. Maritime Administrator William A. Creelman will discuss the maritime implications of the
Maritime
CALIF. EXPECTS STEADY GROWTH IN EXPORTS
Journal of Commerce Staff |
The Bank of America projects steady growth in California's exports but a slight decline in imports f
Maritime
DRY US WHEAT BELT COULD TIGHTEN SUPPLIES
Chicago Tribune |
The grain crop that produces America's bread has been stalked by drought for the second year in a ro
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