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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
ALLIED-SIGNAL POSTS QUARTER EARNINGS GAIN
Journal of Commerce Staff |
Allied-Signal Inc. of Morris Township, N.J. said it earned $121 million, or 81 cents a share in the
QUAKE TOOK TOLL ON HARVESTED CROPS
(Ap) |
The Northern California earthquake destroyed millions of dollars worth of fruits and vegetables and
PEOPLE - TRADE
Wire and Staff Reports |
ISRAEL NAMES BUBER TO US TRADE POSTThe Israeli Ministry of Industry and Trade has announced
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Mon., Oct. 23, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
WEST URGED TO EASE RATE PRESSURE TO LIFT THIRD WORLD DEBT BURDEN
From Wire Reports |
Commonwealth leaders urged industrialized nations Monday to balance their monetary and fiscal polici
OPPOSITION BACKS BONN PLAN TO CUT COAL SUBSIDIES EC OBJECTIONS ARE EXPECTED
Miriam Widman |
A West German government plan to reduce consumers' coal industry subsidies to 7.5 percent from 8.5 p
BA RIFT REPORTED OVER UNITED BID
Journal of Commerce Staff |
Having apparently missed the plane in its $750 million bid for a 15 percent stake in United Airlines
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
AIR FORCE PLANES FLY QUAKE RELIEF MISSIONThree U.S. Air Force C5A transport planes left Dove
Air Cargo
BID FOR CONTROL OF CONNAUGHT ENTERS CRITICAL PHASE IN CANADA
Leo Ryan |
The bid for control of Connaught Biosciences Inc. of Toronto, a leading Canadian vaccine manufacture
RULE-MAKING PLANNED FOR RAILS-TO-TRAILS
Howard S. Abramson |
The Interstate Commerce Commission has agreed to begin a rule-making to aid the implementation of th
Rail News
JAPAN MAY ADDRESS UNFAIR TRADE CHARGES BY US NEXT MONTH
From Wire Reports |
Japan and the United States appear to have finally come up with a way to discuss in detail Washingto
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
TEXACO PROTESTS MSC REOPENING OF BIDDING TO HAUL JET FUEL
WILLIAM DiBENEDETTO |
Texaco Refining and Marketing Inc. said it is "patently improper" for the Military Sealift Command t
Maritime
BLAST CLOSES HOUSTON CHANNEL TEMPORARILY
Journal of Commerce Special |
The Coast Guard closed a six-mile stretch of the Houston ship channel Monday afternoon in the wake o
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
BUFFALO MULLS COMPLEX TO LURE CANADA FIRMSBUFFALO, N.Y. - Buffalo officials are reviewing a
Maritime
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