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INTERNATIONAL BRIEFS
Wire and Staff Reports |
SOUTH KOREA TO ENFORCE COCOM RESTRICTIONSSEOUL, South Korea - South Korea is to enforce Coor
Maritime
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
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
US-SOVIET GRAIN TALKS FOCUS ON PRICE, QUANTITY
Jenifer Otwell |
U.S. and Soviet officials have ended their first round of talks on a new long-term grain pact and pl
SIMON SAYS
Howard Simon |
MORE FEEDGRAIN PURCHASES by the Soviet Union may be in the cards when U.S. and Soviet negotiators de
UAL PLANS MORE FLIGHTS
Journal of Commerce Staff |
United Airlines plans to add flights beginning Feb. 15 to destinations in California, Florida and Ha
Air Cargo
TWO LINES NEED OK BY MARAD ON PACT
WILLIAM DiBENEDETTO |
A subsidized U.S.-flag ocean carrier and a Greek operator of foreign-flag vessels need the Maritime
Maritime
CUSTOMS BROKERS SET TOPICS FOR MEET
Journal of Commerce Staff |
Electronic data interchange, changes in the Shipping Act and the coming integration of Europe are am
Maritime
E. GERMANY DRAFTS JOINT VENTURES LAW
From Wire Reports |
The East German cabinet has drawn up a draft law on joint ventures with foreign companies and sent i
CUSTOMS UPDATE
JOC Staff |
DUTY PAYMENT - AUTOMATED BROKER INTERFACE STATEMENT PROCESSING. The following instructions must be s
Maritime
HANDICAPS TO INVESTMENT IN THE CARIBBEAN
Journal of Commerce Staff |
The U.S. International Trade Commission's latest report on the Caribbean Basin cited problems that h
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 7, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
INCREASE IN RESIN SALES ATTRIBUTED TO EXPORT GAINS
Pei-Tse Wu |
Exports emerged as the main growth market for plastic resin in 1989, according to statistics release
REINSURANCE REGULATION MAY BECOME UNIFORM
Janet Aschkenasy |
New York is now the only state imposing licensing requirements on reinsurance intermediaries, but th
NEW MINISTER BUOYS INDIA INVESTORS
Neel Patri |
The crucial industry portfolio in India's newly installed National Front coalition government has go
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 2, total piggyback freight hauled on the nation's majorrailroads equaled 122
Rail News
EVERGREEN TO ADD CAPACITY ON ROUTE LARGER VESSELS FOR US SERVICE
John Davies |
Heavy cargo volume from Hong Kong and Taiwan is prompting Evergreen Marine Corp. to replace ships in
Maritime
THE ECONOMY
Wire and Staff Reports |
SLIGHT RISE PREDICTED IN JOBLESS RATEEconomists say an expected 147,500-job gain in non-farm
RATING BAN LOOMS FOR WORKERS COMP
Janet Aschkenasy |
State insurance regulators are close to doing to workers compensation coverage what they did to prop
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
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
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
BALTIC FREIGHT INDEX
JOC Staff |
1606 (Dec. 6, 1989) Previous day - 1610 The Baltic International Freight Futures Market in L
Maritime
SENATOR WARNS TOKYO ON BANKING RESTRICTIONS
A.E. Cullison |
Sen. Frank Murkowski, R-Alaska, protested Wednesday against Japanese restrictions on foreign acquisi
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
IMPORT BRIEFS
Wire and Staff Reports |
GM CANADA ANNOUNCES TEMPORARY SHUTDOWNSGeneral Motors of Canada Ltd. said Wednesday it was t
Maritime
PRIVATE COMPANIES IN SOUTHERN CHINAARE CLOSING DOWN
Helen Berg |
The number of privately run businesses in southern Guangdong province, China's most dynamic commerci
Maritime
FUTURES INDUSTRY FACES DUAL TRADING LIMITS
Knight-Ridder Financial |
With the mood in Congress trending toward greater regulation in the futures industry, higher margins
TAIWAN PLANS TO REDUCE MORE TARIFFS
From Wire Reports |
Taiwan Wednesday said it would slash more tariffs to help boost imports and narrow the island's surp
Maritime
INTEREST INTENSIFIES IN MALAYSIAN OIL PROSPECTORS MOVE ASHORE
P.T. Bangsberg |
After many years of scant interest, onshore areas of Malaysia are generating attention by foreign oi
MITSUI TO BUILD PLANT IN MALAYSIA
From Wire Reports |
Mitsui Mining said Wednesday it will soon build a 7 billion yen (US$48.7 million) plant in Malaysia
Maritime
EC ACTS TO LIFT JAPAN CAR QUOTAS
Bruce Barnard |
The European Commission has finally come to grips with one of the most unnerving aspects of its sing
PHILIPPINES SHORES UP BANKS BESIEGED BY RUNS
P.T. Bangsberg |
With rebel forces still holding out in the capital and panic withdrawals from banks continuing, Phil
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
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
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
P-I-E ASKS EMPLOYEES TO DEFER WAGES
Leo Abruzzese |
P-I-E Nationwide Inc., one of the trucking industry's largest companies, is asking its employees to
EUROPEAN EXPEDITE PLANS NEW YEAR RELAUNCH
Journal of Commerce Special |
European Expedite, the troubled European wholesale air express carrier based in Brussels, Belgium, p
Air Cargo
WARNER-LAMBERT WINS ROUND ONE IN SUIT AGAINST ROHM AND HAAS
John Maggs |
Warner-Lambert Co. won the first round in a $55 million lawsuit against Rohm and Haas Co., which all
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