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FINANCIAL BRIEFS
Wire and Staff Reports |
FRANCE, GERMANY STRIKE MONETARY UNION DEALSTRASBOURG, France - France and West Germany Thurs
LLOYD'S TO LIFT INTERNAL UNDER WRITING CONSTRAINTS
Janet Porter |
LLoyd's of London has taken further steps to improve market competitiveness by removing internal und
REINSURANCE REGULATION MAY BECOME UNIFORM
Janet Aschkenasy |
New York is now the only state imposing licensing requirements on reinsurance intermediaries, but th
MARKET ABROAD FOR POLLUTION CONTROL BECKONS
Mark Magnier |
ICF Kaiser Engineers won a $2 million contract to help Taiwan's Environmental Protection Agency comb
RATING BAN LOOMS FOR WORKERS COMP
Janet Aschkenasy |
State insurance regulators are close to doing to workers compensation coverage what they did to prop
MILLER TAKES TOP POST AT CORROON & BLACK
Cristina Lee |
The board of Corroon & Black Corp. Thursday named Richard M. Miller chairman, effective Jan. 1, 1990
PENSION FUND MART COULD SOAR IN JAPAN
A.E. Cullison |
Japan's private sector pension fund market, now valued at more than $210 billion, is expected to be
TROUBLED TRUCK FIRMS MAKE PLANS TO COMBINE
Leo Abruzzese |
Transcon Inc. has announced plans to acquire ANR Freight System Inc. in a deal that will combine two
LAS VEGAS INVESTOR ROLLS THE DICE IN PRAGUE
Paula L. Green |
The rapid-fire pace of change in Czechoslovakia hasn't deterred a Las Vegas investor from moving ah
IBM LANDS ITS BIGGEST HONG KONG ORDER EVER
Journal of Commerce Staff |
International Business Machines Corp. landed its largest single local order and one of the biggest a
CHINA RISKS REBUFF IN GATT BID
P.T. Bangsberg |
A high-level Chinese delegation flies to Switzerland today after a post- crackdown hiatus to resume
DREDGING TO SHARPLY EXPAND FOCUS OF WASHINGTON PORT
John Davies |
The largest harbor-deepening project in Pacific Northwest history will begin in a few weeks under a
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
JOC Staff |
NO STATE FUNDS will be forthcoming to assist development of Florida seaports, at least not yet.<
Maritime
NO LETUP SEEN IN CASES OF NIGERIAN OIL FRAUD
Edwin Unsworth |
Attempts to defraud unwary buyers with bogus sales of Nigerian oil have shown no signs of abating si
SPOT PRODUCT PRICES
JOC Staff |
Dec. 6, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SHIPPING AGENCY TO OFFER ITS SERVICE IN VIETNAM
William Armbruster |
Anticipating growth in Vietnam's foreign trade, a shipping agency that is already very active in Chi
Maritime
CANAL POST CHOICE SAYS HE'S ONLY ALTERNATIVE
From Wire Reports |
The Panamanian chosen by President Bush Tuesday to become acting administrator of the Panama Canal s
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
COAL COMPANY STARTS CHANNEL DREDGINGConsolidation Coal Sales Co. has started dredging its ac
Maritime
ALBANY DOCK TALKS STILL BOGGED DOWN
Allen R. Wastler |
Dockworkers in Albany, N.Y., are about 97 cents an hour in benefits away from making a contract with
Maritime
GROUND BROKEN AT LONG BEACH FOR NEW HANJIN TERMINAL
Bill Mongelluzzo |
The Port of Long Beach Tuesday broke ground on a 55-acre container terminal for Hanjin Shipping Co.<
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1606 (Dec. 6, 1989) Previous day - 1610 The Baltic International Freight Futures Market in L
Maritime
AUTOMATED PORTS, MULTI-HULLS NEAR?
David F. White |
Ports will be entirely automated and deserted, devoid of human workers. Containerships will have dou
Maritime
JAPANESE WARY OF US PORT BAN OF PANAMA FLAGS
A.E. Cullison |
Some small Japanese-owned ships might be forced into lay-up as a result of the Bush administration's
Maritime
MEDICAL CENTER OFFERS SHIP-TO-SHORE SERVICE
Journal of Commerce Staff |
George Washington University Medical Center is offering emergency medical consultations via satellit
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 6, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
UPS STARTS E. BLOC SERVICE AMID UPHEAVAL
Dave Higdon |
United Parcel Service Inc. was forced to negotiate its way through the labyrinth of change in Easter
Air Cargo
GRAIN PACT EXPOSES BROADER ISSUES
Sonja Hillgren |
At a hotel in the remote Soviet Far East, closer to Tokyo and Beijing than to Moscow, Jim Frahm prep
TRANSPORT BRIEFS
From wire and Staff Reports |
FRENCH TRAIN SHATTERS WORLD SPEED RECORDTOURS, France - The newest generation of France's hi
Trucking News
CALIFORNIA CHIEF PLANS COURT TEST OF NEW AUTO REFORM REGULATIONS
David Conn |
With insurers and their trade groups predicting legal challenges to the latest Proposition 103 regul
OCAW BACKS SYSTEM OF NATIONAL HEALTH CARE
Lori Stahlbrand |
The Oil, Chemical and Atomic Workers Union, one of America's most politically active unions, has com
MASS. COMMISSIONER TO BILL INSURER FOR LAS VEGAS TRIP
Journal of Commerce Special |
The importance of making reports on insolvent American Mutual Insurance Co. to lawyers and state reg
POLAND SEEN BIG MART FOR CORN, SOYBEANS
Knight-Ridder Financial |
Because of its poor soil conditions, Poland will be a sizable market for farm exports, particularly
NJ CURE HOPES TO OFFER LOWER RATES TO GOOD DRIVERS
Knight-Ridder Newspapers |
New Jersey is pretty much of a mess when it comes to auto insurance: the highest rates, on a statewi
CHEMICAL BRIEFS
- From Wire and Staff Reports |
BRISTOL-MYERS ACCUSED OF POLLUTION VIOLATIONSYRACUSE, N.Y. - Bristol-Myers Co., one of the n
RJR NABISCO SELLS DEL MONTE FRUIT UNIT
From Wire Reports |
RJR Nabisco Inc. said Tuesday it completed the sale of its Del Monte tropical fruit business for $87
PRECIOUS METALS SEEN RISING ON SLOWDOWN IN US ECONOMY
Knight-Ridder Financial |
Signs of slowing U.S. growth could promote a "flight to quality" and help boost precious metal price
INSURANCE BRIEFS
From Wire and Staff Reports |
ELECTRONIC DATA INKS CONTRACT WITH MILITARYHERNDON, Va. - Electronic Data Corp. Wednesday sa
AUTO INSURANCE RATES POISED TO DROP IN MICH.
Detroit Free Press |
The state's House of Representatives Wednesday voted in favor of proposed legislation to roll back a
AXA'S CLAIMS RATING IS AA+
Journal of Commerce Special |
Standard & Poor's Corp. reaffirmed Axa Midi Assurances Group's claims-paying ability rating of AA+.<
FALL DROUGHT COULD CAUSE CATTLE PRICES TO FLUCTUATE
Ned Stafford |
This fall's drought could mean lower cattle prices in May and June and higher prices in July and Aug
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