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APL SAYS PAKISTAN BUSINESS EXCELLENT
William Armbruster |
It's a rare occasion when any shipping executive says business is excellent, but that's the word use
Maritime
US BALANCE OF TRADE IMPROVES IN SEPTEMBER LONG-TERM TREND APPEARS FLAT
Richard Lawrence |
The U.S. merchandise trade deficit in September declined to $7.9 billion, the smallest monthly gap s
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Nov. 11, total piggyback freight hauled on the nation's major railroads equaled 1
Rail News
FMC WRAPS UP WEST COAST HEARINGS
Mark Magnier |
The Federal Maritime Commission wrapped up its West Coast hearings Thursday in San Francisco after c
Maritime
JAPANESE BUYERS BLAST CHINA OVER COAL SHIPMENT PROBLEMS
P.T. Bangsberg |
Buyers from Japan sharply criticized China this week over problems with coal shipments, including ch
MASS. PLANS TO SCRUTINIZE RATE REQUEST
TOM McNIFF Jr. |
Gov. Michael Dukakis has ordered Massachusetts state Insurance Commissioner Timothy Gailey to closel
SINGAPORE WILL GET NEW GLAXO DRUG PLANT
Knight-Ridder Financial |
Glaxo Holdings PLC of Britain said it will spend about S$200 million (about US$100 million) build a
NOODLE SCANDAL COULD REDUCE KOREAN WHEAT FLOUR IMPORTS
Knight-Ridder Financial |
South Korea's imports of wheat for flour are expected to be lower this year than in 1988 due to decl
THE JOURNAL OF COMMERCE - TRADE CLIP AND SAVE SERVICE US INTERNATIONAL INVESTMENT POLICY
JOC Staff |
BACKGROUND: The U.S. government maintains that the best way to foster a liberal market-oriented inte
JAPANESE PROPOSE REGULATIONS FOR EASIER CORPORATE TAKEOVERS LEGAL PROCEDURES TO BE SIMPLIFIED
A.E. Cullison |
The initial draft of new regulations intended to ease controls on corporate takeovers was released b
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 16, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
JON JACOBS' INSIDE TALK ON SHIPPING
Jon Jocabs |
THREE HUNDRED MEMBERS of the New York shipping community showed up Tuesday night to welcome the top
Maritime
EUROPEAN SHIP LINES MOVE SLOWLY TOWARD EDI
Janet Porter |
European ship line executives are frustrated and disappointed over the time and effort needed to est
AGENCY DROPS PROBE OF TAIWAN SHIPPING
Marie Prat |
The Federal Maritime Commission dropped its probe of Taiwan shipping practices Thursday, saying most
US COMPANIES LOOK TO PAKISTAN
William Armbruster |
Despite problems posed by corruption and red tape, this country of 107 million people offers signifi
W.N. DERAMUS III DIES AT AGE 73
Journal of Commerce Staff |
William N. Deramus III, chairman of Kansas City Southern Industries Inc., died Wednesday at age 73.
Rail News
PEOPLE - INSURANCE
Wire and Staff Reports |
MEDSTAT SYSTEMS (Ann Arbor, Mich.) - Dennis J. Becker was named senior vice president, insurance sys
PENSION FRAUD WORRIES PERSIST DESPITE LABOR DEPT. ASSURANCES
(Ap) |
The Labor Department on Wednesday sought to quell fears about private pension fund fraud, telling Co
MARINE INSURERS WILL LOOK ABROAD
Cristina Lee |
The multiple whammy that hit U.S. marine insurers this year means the industry will doggedly stalk e
CHINA SILK OUTPUT UP, BUT SO IS COMPETITION
P.T. Bangsberg |
There's good news and bad news for buyers of silk and the world's largest producer of it. St
Maritime
BRAZIL PROBES FOREIGN EXCHANGE FRAUD
James Bruce |
A Brazilian foreign exchange fraud involving at least $360 million worth of payments for non-existen
Maritime
COST OF CREDIT
JOC Staff |
Thu., Nov. 16, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TEXTILE IMPORTERS FACE LONG DELAYS FOR CHINA SHIPMENTS
Bruce Vail |
The violent crackdown on dissent by the Chinese government means U.S. textile importers and trans-Pa
Maritime
FEDERAL EXPRESS TO SET JAPAN-TO-EUROPE FLIGHTS PLANES TO STOP AT ANCHORAGE
John Davies |
With the right to fly from Tokyo to Europe by way of Alaska spelled out in a new aviation bilateral
Air Cargo
COMPANIES GET NOD TO ADD SHIPS TO SUBSIDY CONTRACTS
Marie Prat |
Two Philadelphia shipping companies have won Maritime Administration approval to add vessels to thei
Maritime
TURKISH MILL ENTERS MARKET FOR COKING COAL
Tim Sansbury |
The Turkish steel mill TDCI entered the market this week with a request for bids on the 2.5 million
INTERNATIONAL BRIEFS
Wire and Staff Reports |
MERRILL LYNCH SEVERS ALL SOUTH AFRICA TIESMerrill Lynch & Co. is banning all business relate
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 16, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
AVIATION BRIEFS
From Wire and Staff Reports |
UAL, JAPANESE BANKS DISCUSS FAILED BUY-OUTOfficials of UAL Corp. met Wednesday with major Ja
Air Cargo
LIFFE 'VOLATILITY TRADE' MOVE WELCOMED
Knight-Ridder Financial |
Traders welcomed an announcement Thursday by the London InternationalFinancial Futures Excha
SIMON SAYS
Howard Simon |
PRECIOUS METALS INVESTORS, who have shunned gold for most of the past year, are taking seriously the
MALAYSIA REPORTS DROP IN RUBBER PRODUCTION
Knight-Ridder Financial |
Malaysia produced 118,044 metric tons of natural rubber in September, down 7 percent from August, th
DOLLAR RISES ON REPORT OF NARROWER TRADE GAP
Knight-Ridder Financial |
The U.S. dollar rose Thursday on reports of a narrower trade gap and then turned lower on profit-tak
TIGHT FOREIGN EXCHANGE RESERVES SPARK CUT IN INDIA'S OIL IMPORTS
Knight-Ridder Financial |
Tight foreign exchange reserves prompted the Indian government to formulateplans to curtail
BALTIC FREIGHT INDEX
JOC Staff |
1648 (Nov. 16, 1989) Previous day - 1648 The Baltic International Freight Futures Market in
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
ELECTRONIC NET FOR SHIPS IS ON WAYS
Janet Porter |
An electronic communications network designed specifically for the European transportation industry
PEOPLE - MARITIME
From Wire and Staff Reports |
SOUTHEAST ATLANTIC CARGO OPERATORS (Savannah, Ga.) - Ben E. Mercer was named president of this steve
Maritime
PANHANDLE UNIT GETS OK TO RESTART LA. LNG PLANT
Journal of Commerce Staff |
Panhandle Eastern Corp. said Wednesday its Trunkline LNG Co. subsidiary received approval from the F
AFL-CIO CREATES TRANSPORT TRADES UNIT
Howard S. Abramson |
The AFL-CIO has voted to create a Transportation Trades Department to put new emphasis on issues con
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