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INTERNATIONAL BRIEFS
Wire and Staff Reports |
11 US FIRMS INTERESTED IN JAPANESE PROJECTFUKUOKA, Japan - Eleven U.S. companies - nine cont
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1599 (Oct. 23, 1989) Previous day - 1593 The Baltic International Freight Futures Market in
Maritime
BANKING GIANT IN FRANCE TO BUY INTO ITALIAN BANK
Knight-Ridder Financial |
France's banking giant Credit Agricole will pay 1.3 billion French francs for a 13 percent stake in
MATSON PARENT POSTS 15 PERCENT PROFIT HIKE
Journal of Commerce Staff |
A 15 percent increase in net income is being reported for the third quarter by Alexander & Baldwin I
Maritime
US RESERVES REPLACEMENT RATE INCREASES
Journal of Commerce Staff |
The U.S. oil industry's rate of replacing oil and gas reserves rose in 1988 as finding costs fell, S
GENERAL ELECTRIC IS EXPANDING HUB-AND-SPOKE DISTRIBUTION
Gregory S. Johnson |
General Electric Co. is expanding its hub-and-spoke distribution system. Last month, the con
MONTE CARLO MEETING TAKES EMOTIONAL TURN AS RISK PROS FACE 1990S
Janet Aschkenasy |
Even as a media event, this year's meeting of the Risk and Insurance Management Society and European
TRAFFIC BRIEFS
Wire and Staff Reports |
CON-WAY MAKES PLANS FOR MAJOR EXPANSIONNEW YORK - Con-Way Transportation Services, a subsidi
Trucking News
FORD, MAZDA TO PRODUCE CARS JOINTLY IN EUROPE
A.E. Cullison |
Japan's Mazda Motor Corp. and U.S. auto giant Ford Motor Co. will begin producing cars jointly in th
Maritime
TILBURY PORT DOCKWORKERS WANT UNION RECOGNITION
Journal of Commerce Staff |
Dockworkers at the Port of Tilbury want to be officially represented by the Transport and General Wo
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
AFTERSHOCKS REMAIN A THREAT IN CALIFORNIASAN JOSE, Calif. - Scientists said that within the
FREIGHT RATE FUTURES
JOC Staff |
Oct. 23, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Oct. 23, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
PARIBAS LAUNCHES TAKEOVER BID FOR NAVIGATION MIXTE CAPITAL
Journal of Commerce Special |
The investment banking group Paribas Monday launched a takeover bid for two- thirds of the capital o
MEDICAID SHUTTING OUT TOO MANY CHILDREN
(Ap) |
About 8 million poor children are being shut out of Medicaid, threatening their health and leaving t
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
CUSTOMS: TAKE 2 'ASPIRINS' AND CALL
Allen R. Wastler |
The Customs Service has two "aspirins" for the headaches American importers and exporters are likely
LOSSES WIDEN AT CUMMINS ENGINE
Journal of Commerce Staff |
Cummins Engine Co., lost $39.7 million on sales of $807.6 million in the 1989 third quarter. In the
Trucking News
PLAN TO END YARD SUBSIDY INVOLVES BILATERAL TALKS OECD ENDORSES PHASING OUT AID
WILLIAM DiBENEDETTO |
Turning a U.S. proposal to phase out industrialized nations' shipbuilding subsidies into reality wil
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPANESE CONTINUE TO INVEST IN THE USJapanese institutional investors are continuing to inve
INDONESIA CONSIDERS PIPELINE FOR GAS SALES TO NEIGHBORS
P.T. Bangsberg |
A principal Southeast Asian energy producer, Indonesia, is floating the idea of an extensive pipelin
CHINA TO HIKE FARM PRICES TO SPUR OUTPUT
P.T. Bangsberg |
The government in China said Monday it intends to raise the official purchase prices for cotton and
BUSH TO SEND CALIF. $100 MILLION TO START HIGHWAY REPAIRS
Leo Abruzzese |
Federal transportation officials will send California $100 million to begin repairing earthquake-dam
Trucking News
PEOPLE - TRANSPORT
From Wire and Staff Reports |
Robert L. Cross, recently named president of American President Distribution Services, expects doubl
Rail News
WEAVER AGENCY OPENS VIRGINIA PORT OFFICE
Journal of Commerce Staff |
Weaver Marine Agencies Ltd. has opened a new shipping agency office to cover the Hampton Roads port
Maritime
RESNICK RESIGNS POST AT LA PORT
Journal of Commerce Staff |
Steven Paul Resnick, director of marketing at the Port of Los Angeles since 1983, has announced his
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
JOHNSON MARITIME SERVICES (GULF) INC. (Houston) - James Bourke was named manager of the shipping age
Maritime
EVERGREEN MARINE DENIES TRUCK FIRM'S ALLEGATIONS LINE ASKS FMC TO DISMISS CASE
Marie Prat |
Evergreen Marine Corp. has denied allegations of illegally canceling a container transportation agre
Maritime
NEWS SUMMARY
JOC Staff |
* Commodity Research Bureau's James Nevler on Coffee 6A * Janet Aschkenasy - Insurance Risk
CORRECTION
JOC Staff |
Pat Farrell is the manager of breakbulk operations for Chiquita Brands Inc. in Wilmington, Del. Mr.
Maritime
INSIDE TALK ON AVIATION
Anita Schrodt |
FOR FOUR YEARS OR SO, British Airways has been talking directly to its cargo shippers. Not s
Air Cargo
COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIETS AREN'T WORRIED BY CUBAN SUGAR DELAYThe Soviet Union will not buy sugar from the spot
ACID SPILL FORCES EVACUATION IN GA.
(Ap) |
Caustic fumes released by a spill of hydrochloric acid forced the evacuation of more than 2,000 resi
HIMONT HIKES PRICES ON EXPORTED PPL
Journal of Commerce Staff |
Himont Inc. is raising polypropylene prices 2.3 cents a pound, effective immediately, on all new ord
QUOTA WATCH
JOC Staff |
1)Textile Quotas to Watch as of 10/21/89 2)Fully Utilized Textile Quotas as of 10/21/89<
Maritime
US DETAINS SHIPMENTS OF CHINESE MUSHROOMS
From Wire Reports |
The Food and Drug Administration said Monday it was indefinitely detaining all shipments of mushroom
Maritime
GROUNDED BOXSHIP FREED, SETS SAIL FROM BOSTON
Journal of Commerce Staff |
An Ecuadorian-flag containership that grounded at the entrance to Boston harbor last week sailed Sat
Maritime
ANTI-DRUG SHIPPING FEE LOOMS INTENDED TO OFFSET EVER-RISING COSTS
Allen R. Wastler |
Shipping lines serving the Caribbean and Central American trades will impose a ''security charge" by
MARITIME BRIEFS
From Wire and Staff reports |
GROUP NAMES YENINAS EXECUTIVE DIRECTORBarbara Spector Yeninas was named executive director o
Maritime
BAYER AG PURCHASES SWISS FRAGRANCE FIRM
Miriam Widman |
West Germany's Bayer AG bought Creations Aromatiques SA, a Swiss fragrance firm with a branch in Woo
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