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MOSBACHER SEES A TRADE PACT FOR HEMISPHERE
Journal of Commerce Staff |
Commerce Secretary Robert Mosbacher told a Senate committee Wednesday that the United States is look
LOWER DOLLAR VS. POUND PUSHES COCOA HIGHER
From Staff and Wire Reports |
A lower U.S. dollar against the pound sterling pushed cocoa futures higher Wednesday. Althou
US EXPORT POLICIES DRAW HEAVY FIRE FROM BUSINESS
Journal of Commerce Staff |
Business and other U.S. spokesmen Wednesday sharply questioned the federal government's commitment t
Maritime
MOTOR CARRIERS WAIT FOR BETTER SYSTEM FOR ELECTRONIC FILING
Tony Seideman |
An electronic tariff filing system developed by the Interstate CommerceCommission and rail c
Trucking News
PROVINCES FIGHT CANADA TAX PLAN
Leo Ryan |
A tax revolt is brewing among Canada's 10 provinces over a proposed national sales levy similar to t
Maritime
EUROPEAN NATIONS RAIL AT LOSS OF CONTROL OVER ECONOMIC POLICY
(Reuter) |
European nations are finding out the hard way that they are no longer totally in control of their ow
COAL MARKET AMERICAN ELECTRIC SEEKS SPOT SUPPLIES FOR IND. PLANT
Journal of Commerce Staff |
American Electric Power Service Corp. said it's looking to buy spot coal needed in the first quarter
ENERGY BRIEFS
From Wire and Staff Reports |
UNOCAL UNIT TO INVEST IN THAI GAS FIELDSBANGKOK, Thailand - Unocal Thailand said Wednesday t
SINGAPORE BUSINESSMAN FACES CRIMINAL CHARGE
From Wire Reports |
One of Singapore's richest businessmen and the head of several flourishing companies was charged Wed
Maritime
OFFICERS SAY SHIPS BETTER OFF AT SEA
Journal of Commerce Staff |
A ship is better off putting to sea to avoid the large tidal wave that might result from an earthqua
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EAST GERMAN LEADER PUSHED OUT OF OFFICEEast German leader Erich Honecker was stripped of pow
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
QUAKE COULD SPUR ADOPTION OF FUND BILL
Journal of Commerce Staff |
A group of insurance trade associations is nearly ready to present Congress with a proposal for a $5
NY STATE WORKERS COVERED BY ASSAULT, HOSTAGE PLAN
Journal of Commerce Staff |
Layoffs, budget cuts and the state's commitment to relocate offices into high-crime urban areas has
INSURANCE BROKERS MOVE TO ANSWER CALL FOR GUIDANCE ON '92
Janet Aschkenasy |
Perhaps one insurance company president was joking when he said the biggest growth industry in the U
SEALIFT POLICY UNVEILED
Journal of Commerce Staff |
The Bush administration sent out mixed signals Wednesday when it issued its long-awaited statement o
PRICE OF TIN NOT EXPECTED TO RISE SHARPLY
T.J. Tan |
The demand for tin is not exceeding supply and there is a limited chance of the price rising sharply
CHEMICAL BRIEFS
From Wire and Staff Reports |
HUNTSMAN CHEMICAL TO BUILD PLANT IN IRAQHuntsman Chemical Corp., based in Salt Lake City, Ut
JAPAN'S TONEN TO REFINE CRUDE FOR ESSO EASTERN
Knight-Ridder Financial |
Tonen Corp. said Wednesday it reached agreement with a U.S. oil trader affiliated with Exxon Corp. t
CHINA ADDS FIRST OF BOEINGS TO FLEET
P.T. Bangsberg |
The first of Boeing's new 747-400s to operate in China went into service Wednesday, one of three on
Air Cargo
BUSH SIGNS MARAD BUDGET BILL
Journal of Commerce Staff |
President Bush has signed the Maritime Administration budget bill for fiscal year 1990. Cong
Maritime
JAPANESE URGE CAUTION ON US BUY-OUTS
Knight-Ridder Financial |
Bank of Japan Governor Satoshi Sumita Wednesday urged Japanese banks to be cautious in lending for l
UNIFIED STRATEGY URGED FOR MERCHANT MARINE
Journal of Commerce Staff |
The U.S. merchant marine will never move beyond mediocrity unless it develops a unified strategy, a
Maritime
SHIPPERS QUICK TO ADJUST OPERATIONS IN CALIFORNIA
Journal of Commerce Staff |
Shippers with operations in and near San Francisco and Oakland, Calif., were quick to adjust their o
ALL SECTORS STRUGGLE TO COPE
Gloria Joseph |
One small casualty of the earthquake was a good night's sleep for Southern Pacific Chairman Philip F
CME ACCEPTS FIRM'S WITHDRAWAL
Knight-Ridder Financial |
The Chicago Mercantile Exchange said Wednesday that it had accepted the withdrawal of Capcom Futures
KOREA VOWS TO CONTINUE OPENING TRADE DOORS
Journal of Commerce Staff |
South Korean President Roh Tae-Woo Wednesday pledged his country to freer international trade.
Maritime
BUSH VOWS TO EASE TRADE WITH SOVIETS
Albert Axebank |
President Bush has pledged in a letter "to work on Congress" to extend most-favored-nation status to
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CSX TRANSPORTATION INC. (Jacksonville, Fla.) - David W. Hemphill was named assistant vice president,
Rail News
LACK OF GRAIN SALES TO SOVIETS MEANS CANADA RAILCAR SURPLUS
Journal of Commerce Staff |
A lack of grain sales to the Soviet Union this year has left Canadian railroads with a surplus of ra
Rail News
FMC, FORWARDER SETTLE REBATE
Journal of Commerce Staff |
The Federal Maritime Commission and one of the world's largest freight handling firms have reached a
BRITISH PETROLEUM WINS MALAYSIAN PLASTICS DEAL
P.T. Bangsberg |
The Malaysian government Wednesday gave the go-ahead for a US$750 million plastics venture between B
CUBAN SUGAR DELIVERY DELAYED
Knight-Ridder Financial |
Cuba's 1989-90 sugar crop, estimated at 7.9 million metric tons of raws, will be delayed four to six
THE ECONOMY
From Wire and Staff Reports |
HOUSING CONSTRUCTION FELL 5.2 PERCENT IN SEPTEMBERHousing construction fell 5.2 percent in S
DISTILLATE, GASOLINE INVENTORIES DECLINE, API BULLETIN SAYS
Journal of Commerce Staff |
Supplies of distillate and gasoline declined, the American Petroleum Institute's latest weekly suppl
SPOT PRODUCT PRICES
JOC Staff |
Oct. 18, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
MASS. MANDATES VAPOR RECOVERY
Michael S. Lelyveld |
In an effort to reduce air pollution, Massachusetts environmental officials announced regulations Tu
CROWLEY PUTS FERRIES IN CROSS-BAY SERVICE
Journal of Commerce Staff |
Commuter and cruise boats from two Crowley Maritime Corp. units have been pressed into service ferry
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
JAPANESE REPORT CUT IN US STEEL QUOTAJapan's steel export quota to the United States has bee
Maritime
TRADE DATA COULD HURT CANADIAN CURRENCY
Journal of Commerce Staff |
Disappointing trade numbers could cause a weakening in the Canadian dollar, some analysts say.
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