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TRANSPORT EARNINGS
From Wire and Staff Reports |
UNION PACIFIC REPORTS SLIGHT RISE IN EARNINGSBETHLEHEM, Pa. - Union Pacific Corp. reported f
Rail News
PANAMA MISSION SET
Journal of Commerce Staff |
The Overseas Private Investment Corp. will lead a team of U.S. business executives to examine invest
Maritime
ASIANS TO LAUNCH SATELLITE IN APRIL
P.T. Bangsberg |
The launch of Asia's first privately owned telecommunications satellite is a definite "go" for April
Maritime
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Greg Johnson - Managing Traffic 2B* Vlasov Group Considers Stock Offer
HONG KONG'S CATHAY RESCUES STRUGGLING RIVAL CASH, EXPERTISE TO SAVE DRAGONAIR
P.T. Bangsberg |
Cathay Pacific Airways Ltd. is rescuing its struggling local rival with an injection of cash and exp
Air Cargo
US TENSION RUNS HIGH OVER SERVICES TRADE TREASURY MAY BRIEF BANKERS, BUT ROW MAY HINDER TALKS
Keith M. Rockwell |
The Treasury Department will brief selected U.S. bankers Monday on its goals for handling financial
ANALYSTS SEE SEA CONTAINERS ACCEPTING LATEST TEMPLE BID
David F. White |
Analysts were expecting directors of Sea Containers Ltd. to approve Thursday the latest offer from T
Maritime
ATTACHE URGES US GRAIN, BUTTER DONATIONS
Richard Cowan |
Immediate donations of feed grains and butter to Romania have been recommended by a team of U.S. agr
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRANCE'S TRADE DEFICIT DECLINED IN NOVEMBERFrance's trade balance in November reached a seas
COST SPIRAL VEXES AIR FORWARDERS GROWTH LIKELY TO STAY STRONG
Bill Mongelluzzo |
Air freight forwarders anticipate continued strong growth this year in cargo volume and revenue.
SOUTH KOREA'S IMPORTS OF OIL ROSE IN '89
Knight-Ridder Financial |
South Korea's crude oil imports in 1989 are estimated to total around 296 million barrels, up 13 per
JAPAN READY TO IMPORT COMPUTERS
From Wire and Staff Reports |
Tokyo is set to settle a dispute with Washington over foreign access to Japan's supercomputer market
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
CHINA TO EXPAND BAN ON HONG KONG JOBSCANTON, China - China, which has said it will forbid ho
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
SANTA FE PACIFIC SAYS DEBT IS SHARPLY LOWERSanta Fe Pacific Corp. said its restructured bank
Rail News
INSURANCE EARNINGS
From Wire and Staff Reports |
PRIMERICA NET INCOME JUMPED IN 4TH QUARTERPrimerica Corp. Wednesday reported net income of $
INSURANCE BRIEFS
From Wire and Staff Reports |
AMERICAN INTERNATIONAL PAYS FINES TO NY STATENew York Superintendent of Insurance James P. C
BARGE SNAFU TO COST MILLIONS FOR SALVAGE, LOST CARGO, REVENUES MASSIVE CLEANUP EFFORT NEEDED
Dave Higdon |
Only a miracle-worker is missing from the concerted salvage effort at the Monongahela River's Maxwel
LEGISLATORS WEIGH PLAN TO ABOLISH FLA. AGENCY
Craig Dunlap |
State legislators from Broward County, Fla., will listen today to a request to abolish the Port Ev
Maritime
REFINERY UTILIZATION RATE REBOUNDS
Journal of Commerce Staff |
Utilization rates at the nation's refineries rebounded from a decline caused by accidents and operat
PEOPLE - MARITIME P&O CONTAINERS (TFL) PROMOTES OLE SWEEDLUND
From Wire and Staff Reports |
P&O Containers (TFL) Ltd. named Ole Sweedlund vice president of sales and marketing and also general
Maritime
CONFERENCE REVERSES STANCE ON BOSTON MASSPORT REMAINS WARY
Michael S. Lelyveld |
The Inter-American Freight Conference has reversed an earlier decision to drop its bill of lading fo
Maritime
WASH. STATE TRADE DIRECTOR RESIGNS
John Davies |
In a move that signals a change in strategy, the state of Washington will replace its trade director
Maritime
PRICE REFORM TAKES BACK SEAT AS CHINA AIMS TO CURB INFLATION
Helen Berg |
Price reform in China has not been scrapped, but the emphasis for now will remain on corralling infl
Maritime
COST OF CREDIT
JOC Staff |
Wed., Jan. 17, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
THE ECONOMY
Wire and Staff Reports |
INDUSTRIAL PRODUCTION ROSE 0.4 PERCENT IN DECEMBERIndustrial production rose 0.4 percent in
HARTFORD SUES ON CALIF. AUTO RATES
Janet Aschkenasy |
Hartford Fire Insurance Co. is joining the ranks of other insurers aggressively contesting Californi
US NAVY FRIGATE COLLIDES WITH TANKER IN BOSTON
Michael S. Lelyveld |
A Navy frigate on its way to a shipyard for maintenance struck a Liberian- flag oil tanker anchored
Maritime
LONG ISLAND LIGHTING TO GET TAX REFUND
(Ap) |
The Town of Brookhaven will refund $20 million in property taxes to Long Island Lighting Co. for ove
CORRECTION
JOC Staff |
General Electric Co.'s GE90 jet engine is designed for airplanes that will replace today's older gen
Air Cargo
COMMODITY BRIEFS
From Wire and Staff Reports |
CBT AMENDS PROGRAM FOR DAY, NIGHT TRADINGThe board of directors of the Chicago Board of Trad
RETIREMENT PLANS: SKIMPING MAY BE DANGEROUS
Chicago Tribune |
No matter what the government does, most financial planners say today's workers must save much more
US-SOVIET GRAIN TALKS SET FOR MARCH 21-22
Knight-Ridder Financial |
U.S. and Soviet negotiators will meet in Vienna March 21 and 22 to resume talks on a new long-term g
DOLLAR FALLS AS DEFICIT IN TRADE WIDENS
Knight-Ridder Financial |
The U.S. dollar declined against most currencies Wednesday on a wider-than- expe cted November trade
CUBA PROSPECTING FOR TRADE IN CHINA, LATIN AMERICA
Mimi Whitefield |
As trade relations with Cuba's traditional Soviet bloc trading partners become more difficult, the C
PLAN OPPOSED FOR FOREIGN INTEREST IN US-SUBSIDIZED BULK OPERATOR
Marie Prat |
Key competitors are opposing American Maritime Transport Inc.'s request toallow a London oil
Maritime
NJ LEGISLATORS HAIL CALL FOR ACTION
Lorraine Iannello |
Not all are sure they'll like it. But legislators are anxious to hear New Jersey Gov. James J. Flori
CHEMICAL BRIEFS
From Wire and Staff Reports |
JAPAN CHEMICAL WEEK OFFERS DIRECTORYA directory of Japanese and other Asian chemical firms i
SANDOZ LICENSES HIMONT TO PRODUCE PLASTICS STABILIZER
Pei-Tse Wu |
Himont Inc. announced it had received a license from Sandoz Ltd. of Basel, Switzerland,to produce Sa
GENENTECH POSTS 4TH-QUARTER PROFIT
(Ap) |
Genentech Inc., a leading biotechnology company that has foundered financially, reported earnings of
SPOT PRODUCT PRICES
JOC Staff |
Jan. 17, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
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