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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
ECONOMISTS FORECAST SLOWDOWN, NOT SLUMP
JOC Staff |
The U.S. economy will continue to weaken next year but avoid a recession and any substantial change
PIRELLI TO MAKE TIRES IN USSR
Robert Fernandez |
Italian tire maker Pirelli SpA signed a joint-venture agreement with the Soviet Union to produce 13,
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
HEAD OF STATE IN E. GERMANY RESIGNSEast German head of state Egon Krenz resigned Wednesday a
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 6, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
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
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
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
EUROPEAN TRADE FAIR VETERANS OFFER SOME TIPS
Michael S. Lelyveld |
When Robert Dallmeyer was running an exhibit for United Technologies Corp. at a West German trade fa
NEWS SUMMARY
JOC Staff |
* Trading With Belgium 4A * Tom Connors - Washington 8A* Bart R. Boaden - End Farm Subsidies
APPEALS COURT WON'T DISCARD ILLINOIS CENTRAL SPINOFF RULING
Journal of Commerce Staff |
A U.S. appeals court has refused to dismiss an appeal of a ruling by the Interstate Commerce Commiss
Rail News
FAA SAYS "NO" TO PRIVATE ALBANY AIRPORT
(Ap) |
Efforts to put the Albany County Airport into private hands have been dealt a setback by Federal Avi
Air Cargo
JAPAN'S RIGID DISTRIBUTION SYSTEM POSES BIG HURDLE FOR EXPORTERS
(Ap) |
Breaking into the lucrative Japanese market isn't impossible, but it isn't easy, either. Consider Sn
Maritime
HUNGARIAN HEADS HOME TO OPEN BUSINESS
Rose A. Horowitz |
A U.S. company plans to open an American-style wholesale showroom for consumer electronics in Hungar
Maritime
CINCINNATI GAS NARROWS THE FIELD OF COAL SUPPLIERS
Tim Sansbury |
Cincinnati Gas & Electric Co., in the first stage of evaluating competitive coal supply offers, seem
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
EX-IM BANK AIDS LA EXPORT FIRMS
Journal of Commerce Staff |
The U.S. Export-Import Bank signed an accord to help boost exports by Los Angeles-based firms.
TRANSPORT CALENDAR
JOC Staff |
Traffic Club of Philadelphia, Christmas luncheon, Dec. 11. Hershey Hotel, Philadelphia. Contact: Pau
Air Cargo
CHRYSLER PLANS TO SELL OFF ELECTRONICS, AIRCRAFT UNITS
Knight-Ridder Financial |
Chrysler Corp. said Wednesday that it was putting its business aircraft and defense electronics ope
US, SOVIETS AIM TO SET THE TONE FOR MORE TALKS
From Wire and Staff Reports |
U.S. and Soviet negotiators concluded their first day of preliminary talks on a new long-term grain
FINANCIAL BRIEFS
Wire and Staff Reports |
TRANSPAC VENTURE LAUNCHES ASIAN FUNDSingapore-based Transpac Venture Management Pte. Ltd. sa
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
OAKLAND TAPS DALY FOR PORT POSITION
Mark Magnier |
Eileen M. Daly has been named executive director of port development for the Port of Oakland.
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
COAL COMPANY STARTS CHANNEL DREDGINGConsolidation Coal Sales Co. has started dredging its ac
Maritime
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