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COAL BRIEFS
Wire and Staff Reports |
ASARCO COMPLETES SALE OF MINING BUSINESSAsarco Inc. completed the sale of its coal mining bu
SHIP EXPERTS WARN OF DANGERS POSED BY AGING TANKERS
(Ap) |
Shipping experts expressed concern Tuesday about the safety of aging supertankers following a tanker
Maritime
JAPAN-EC TALKS TO AIR BILATERAL ISSUES
Knight-Ridder Financial |
Talks to be held here between a Japanese delegation and the EuropeanCommission on Jan. 10 ar
Maritime
TOGO PLANS TWO ZONES FOR EXPORTS
Journal of Commerce Special |
The West African nation of Togo has announced the construction of two privately operated duty-free e
Maritime
CLEANUP CREWS STRUGGLE TO KEEP OIL SPILL AWAY FROM MOROCCO
From Wire Reports |
Helicopters sprayed chemicals on a 100-square-mile oil slick Wednesday and patrol boats laid floatin
Maritime
JAPAN'S SHIPPING LINES SEE END TO YEARS OF RED-INK SAILING
From Wire Reports |
After sailing through a sea of red ink, recession and reorganization in the 1980s, Japan's shipping
Maritime
TRADING WITH SAUDI ARABIA SAUDI EXPORTS TO US TOP IMPORTS
Charles Thurston |
Saudi Arabian oil exports to the United States are climbing faster than U.S. exports to the sluggish
Maritime
CROWLEY RECOGNIZES STIENECKER AND HOMAN
Journal of Commerce Staff |
Brent Stienecker and Robert Homan, two Crowley Maritime Corp. execu-tives, were honored by the compa
Maritime
TOPGALLANT COMPETITORS WANT TO CHARTER CONTAINERSHIPS
Bruce Vail |
Two containerships idled by the failure of Topgallant Lines Inc. could be back in operation as early
SEA-LANDJUMP IN PROFIT SURPRISES ANALYSTS
Jon Jacobs |
Security analysts voiced surprise Wednesday at the sharp increase in fourth- quarter operating incom
FRANCE'S BSN TO BUY STAKE IN INDIAN FOOD CONCERN
(Ap) |
The French food group BSN SA announced Wednesday it has agreed to acquire a 50 percent interest in t
Maritime
MILL TOWN LOSES FEAR OF BUY-OUT BY JAPAN
Michael Zielenziger |
The lumber workers and dockworkers of this coarse blue-collar town feared the worst two years ago wh
IMPORT BRIEFS
Wire and Staff Reports |
CANADA RULED DUMPING LIMOUSINES IN USImports of limousines from Canada are being sold at dum
Maritime
UPS WILL GIVE SHIPPERS TO ASIA NEW ALTERNATIVE
John Davies |
Price-conscious United Parcel Service's decision to begin flying its own planes into the Far East is
DOLLAR GAINS VS. DEUTSCHE MARK, FALLS AGAINST JAPANESE YEN
Knight-Ridder Financial |
The U.S. dollar was mixed against major currencies Wednesday, rising vs. the deutsche mark but falli
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
KOREAN TRADE SURPLUS FALLS TO $999 MILLIONSEOUL, South Korea - South Korea posted a customs-
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ROMANIA LIFTS BAN ON LOANS FROM ABROAD
From Wire Reports |
Romania's National Salvation Front announced Wednesday that it had lifted a ban on foreign borrowing
GM OF EUROPE RACES TO PENETRATE EAST BLOC
Paul A. Eisenstein |
As East European countries emerge from decades of Communist rule, Western automakers are eagerly eye
FINANCIAL BRIEFS
From Wire and Staff Reports |
ASIA DEVELOPMENT BANK REDUCES LENDING RATEThe Asian Development Bank has cut its lending rat
FARM TRADE TALKS LIKELY TO FOCUS ON EXPORT SUBSIDIES
From Wire Reports |
Agriculture ministers from the world's leading food exporting nations meet in Florida this week to t
SURGING FUEL PRICES PROMPT RATE HIKES OF 6 PERCENT-8 PERCENT IN TRUCKING
Leo Abruzzese |
Surging diesel fuel prices are triggering 6 percent to 8 percent rate increases at some trucking com
COST OF CREDIT
JOC Staff |
Wed., Jan. 3, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
BIDDERS JOCKEY FOR RIGHT TO BUY D&H RAILWAY
Howard S. Abramson |
The long-ailing Delaware & Hudson Railway Co. has attracted more attention in bankruptcy proceedings
Rail News
CANADA'S WILSON ELECTED TO HEAD IMF POLICY ARM QUOTA INCREASE WILL BE PRIORITY
Knight-Ridder Financial |
Canadian Finance Minister Michael Wilson Wednesday was elected chairman of the International Monetar
CAST CARRIER ADDS SCANDINAVIAN FEEDER SERVICE
Allen R. Wastler |
Cast (1983) Ltd. will start a weekly feeder service between north Europe and Scandinavia later this
NEWS SUMMARY
JOC Staff |
* Trading With Saudi Arabia 4A * Miami's World Trade Center Perseveres 5A* Tom Connors - Was
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
PONTIAC SEES RISE IN MARKET SHARE
From Wire Reports |
General Motors Corp.'s Pontiac division said Wednesday it expects its domestic market share to rise
IBM'S INVOLVEMENT COULD BOOST SATELLITE TRACKING INTO ORBIT
Tony Seideman |
Despite the imminent entry of International Business Machines Corp. into the satellite tracking busi
THE ECONOMY
Wire and Staff Reports |
HOME SALES JUMPED 9.6 PERCENT DURING NOVEMBERSales of new single-family homes in the United
CHEMICAL BRIEFS
From Wire and Staff Reports |
GRAY PICTURE PAINTED OF CHEMICAL INDUSTRYA chemical industry analyst seconded the widespread
FCOJ MART REMAINS SHAKEN BRAZIL WEIGHS LIFTING BAN ON EXPORTS
Knight-Ridder Financial |
The Brazilian government is unlikely to make a quick decision on when it will reopen frozen concentr
EXPERTS ARE WORKING TO REOPEN MONONGAHELA
Journal of Commerce Staff |
Efforts to clear and reopen a section of the Monongahela River below Pittsburgh drew the combined re
Rail News
NY PORT LABOR STILL IS HIGHER AFTER CUTS DROP DIDN'T EQUALIZE COSTS
David F. White |
Port industry experts said this week that the recent drop in cargo charges adopted by waterfront man
Maritime
RAIL EXECUTIVE HAS GOOD REPORT ON STATE OF INDUSTRY FOR 1989
Lawrence H Kaufman |
Despite a fall-off of freight traffic late in the year, "1989 was a pretty darn good year," accordin
Rail News
FCOJ MART REMAINS SHAKEN FUTURES SOAR TO DAILY LIMIT
Knight-Ridder Financial |
Frozen concentrated orange juice futures closed sharply higher after another volatile session ruled
PEOPLE - MARITIME
From Wire and Staff Reports |
Dan Donaldson was hired as risk manager for the port authority's maritime and aviation divisions.
Maritime
DEPPE LINIE FILES COMPLAINT TO COLLECT TARIFF CHARGES
WILLIAM DiBENEDETTO |
Deppe Linie GmBH & Co., a West German ocean carrier, has gone to the Federal Maritime Commission wit
Maritime
COAST GUARD SUIT CASTS SUSPICION ON 150 TO 200 MARINE LICENSES
Gary Taylor |
The U.S. Coast Guard has sued one of its own officers - a former recruitment poster subject - in an
Maritime
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