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STATE FARM FILES SECOND CALIF. SUIT
Jerry Goldberg |
State Farm Mutual Automoblile Insurance Co. has filed its second lawsuit against California Insuranc
US FINALLY SET TO LOSE TITLE OF BIGGEST NET BEEF IMPORTER
Kevin Pendley |
In 1990 the United States will not be the largest net importer of beef for the first time since 1965
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDIS RAISE PRICE OF OIL TO JAPANSaudi Arabia informed Japan's oil companies Friday that it
GOLD CLOSES WEEK ABOVE $400 MARK
From Wire and Staff Reports |
Precious metal prices recovered most of their pre-New Year losses last week and by Friday the price
MONONGAHELA TO BE CLOSED TO CLEAR STUCK BARGE
Dave Higdon |
Towboat traffic on the Monongahela River will grind to a sudden stop Tuesday so workers can clear a
Rail News
UPS ESTABLISHES DIGITAL LINK WITH CANADIAN CUSTOMS SERVICE
Tony Seideman |
United Parcel Service Inc. has established an electronic data link to the Canadian Customs Service.<
FREIGHT RATE FUTURES
JOC Staff |
Jan. 5, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
JAPANESE POLITICS FORCES DELAY IN TALKS WITH US FEBRUARY ELECTION POSES CONFLICT
Keith M. Rockwell |
Japanese political considerations have led to the postponement of negotiations between Japan and the
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
JAPANESE HAVE 51 PERCENT OF SEMICONDUCTOR SALESJapan's share of world semiconductor sales re
Maritime
ASIAN SHIPPERS CALL FOR BOYCOTT OF CONFERENCE TARIFF CHANGES ANGER COUNCILS
Jacob Daniel |
Shippers councils in Singapore and Malaysia are urging a boycott of lines belonging to the Far Easte
Maritime
LICENSE-FREE COCOM ZONE WINS OFFICIALS' BACKING
William Armbruster |
The Bush administration wants to eliminate export licensing on almost all goods traded among most W
PAN AM PROTESTS TWA SALE OF ROUTE
(Ap). |
Pan Am Corp. has asked the Department of Transportation to block the sale ofTrans World Airl
Air Cargo
EASTERN, USAIR PLAN GATE SWITCH
Journal of Commerce Staff |
Eastern Air Lines and USAir have agreed to switch several gates here, pending approval of a bankrupt
Air Cargo
BRAZILIAN SHIP OBSTACLES DEFEAT ROAD RACER
James Bruce |
Brazilian technicians advising a new president-elect on transport reforms and a frustrated would-be
Maritime
COMMERCE PREDICTS MODEST GROWTH FOR TRUCKING REVENUE, TONNAGE
Leo Abruzzese |
Trucking companies should post modest gains in revenue and tonnage this year, but continued rate pre
Trucking News
AUSTRALIA PRESSES US ON SUGAR QUOTA SYSTEM
Knight-Ridder Financial |
The United States should not wait until it passes a new farm bill to bring its sugar import quota pr
US SAYS NORIEGA SOLD CHEMICALS TO DRUG LORDS
John Maggs |
The trial of deposed Panamanian dictator Gen. Manuel Noriega could be the first high-profile crimin
COLOMBIA CRITICIZES US FLOWER DUTY HIKE
From Wire Reports |
Colombia's top foreign trade official called a preliminary U.S. decision to nearly double the import
Maritime
AGENCY HEARS ARGUMENTS ON RAILROAD LABOR CASES APPEALS COURT ORDERS REVIEW
Howard S. Abramson |
The Interstate Commerce Commission heard sharply conflicting arguments from lawyers for the rail ind
Rail News
MAXUS OKS INCREASE IN EXPLORATION BUDGET
Journal of Commerce Staff |
Maxus Energy Corp.'s board approved an exploration and development program budget of $320 million fo
AMERICAN VENTURE IN PORTUGAL MAY RIVAL EURO DISNEYLAND
(Ap) |
Vasco da Gama and Ferdinand Magellan may seem unlikely rivals for Donald Duck and Mickey Mouse. But
Maritime
RISING COSTS, STAGNANT RATES PUT PRESSURE ON TRUCKERS
Ed Martin |
Trucking companies are caught in an economic vise. As rates have remained the same or dropped, costs
Trucking News
PORT AUTHORITY: TOLL HIKES NEEDED FOR IMPROVEMENTS
(Ap) |
The governors of New York and New Jersey said they were not informed of a Port Authorityproposal to
Trucking News
METHANOL DEMAND SEEN HIKING PRICE OF FORMALDEHYDE
Pei-Tse Wu |
Formaldehyde prices may begin to rise by the middle of January because of increased demand for a pri
FUTURES REGULATORS PLAN TRIAL DUAL TRADING BAN
Knight-Ridder Financial |
The Commodity Futures Trading Commission Thursday proposed a trial ban on dual trading by floor brok
IMF EXPECTS EAST BLOC TO PLAY GROWING ROLE IN WAKE OF REFORMS
Richard Lawrence |
East European countries, in a prospective effort to integrate their economies with the West, are tur
COCOA FUTURES RALLY IN NY
Knight-Ridder Financial |
Cocoa futures rallied late Thursday when commission house buy-stops were triggered in the March 1990
EX-IM BANK ESTABLISHES $4.8 BILLION LOSS RESERVE
Journal of Commerce Staff |
The Export-Import Bank announced that it has established a $4.8 billion loss reserve for its loans a
JOBLESS RATE 9.9 PERCENT IN BELGIUM
Knight-Ridder Financial |
The Belgian unemployment rate in December was unchanged from November at 9.9 percent of the labor fo
PHILIPPINE BANKER: DEBT CYCLE IS BROKEN
From Wire Reports |
The Philippines is coming to grips with the burden of debt hobbling its economy through restructurin
BIG THREE AUTO SALES FELL IN LATE DECEMBER
From Wire Reports |
The Big Three U.S. automakers on Thursday reported a 14 percent slump in late- December sales of Nor
ROMANIA FACES THE REBUILDING OF A BROKEN ECONOMY
Chicago Tribune |
Oranges, originally bought to feed Romania's elite, have gone on sale in Bucharest stores for the fi
MARITIME CALENDAR
JOC Staff |
Society of Marine Consultants. Jan 10. New York. Special luncheon seminar on ''Equal Rights for Safe
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
ARCHER DANIELS SELLS ETHANOL TO BRAZILDECATUR, Ill. - Archer Daniels Midland Co. sold a "sub
REPORT PRESENTS OPTIONS FOR SITES OFF FLA., CALIF.
(Ap) |
A federal task force recommends a wide array of options for oil development at three controversial o
MANAGING TRAFFIC
Greg Johnson |
IT CAN'T BE TOO happy a new year for full-truckload shippers, who face stiff fuel-pricesurcharges.
Trucking News
MARINE INDEX BUREAU PICKS ADVISERS IN TOWING FIRMS
Journal of Commerce Staff |
The Marine Index Bureau, a group that maintains employment and health records of maritime personnel
Maritime
INTERNATIONAL PAPER BUYS ZANDERS SHARES
Journal of Commerce Staff |
International Paper has acquired shares of Zanders Feinpapiere AG in West Germany, bringing its hold
FEDERAL AID SEEN LIKELY FOR FLA. CITRUS GROWERS
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter said citrus farmers whose crops were decima
CSCE POSTS 12 PERCENT HIKE IN '89 TRADING VOLUME
Knight-Ridder Financial |
Trading activity on the Coffee, Sugar and Cocoa Exchange Inc. reached an all- time high of 11.2 mill
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