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NEWS SUMMARY
JOC Staff |
* Trading With China 4A * Tom Connors - Washington 8A* Travelers' Fears of Terrorism Ease 10
TRANSPORT CALENDAR
JOC Staff |
CONEG, Coalition of Northeastern Governors annual meeting, Sept. 6-8. Samoset Resort, Rockport, Main
Air Cargo
EASTPORT, MAINE, OFFICIALS PUSH FOR STATE-FUNDED TERMINAL PROJECT
TOM McNIFF Jr. |
Maine transportation officials have ordered a market study before deciding whether to authorize stat
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 30, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
COST OF CREDIT
JOC Staff |
Wed., Aug. 30, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SOLIDARITY FACES DAUNTING TASK
Thomas Palmer |
There is not one line at the grocery store with the Western sounding name here, Super Sam. There are
BUSH, KAIFU LIKELY TO REAFFIRM TIES BETWEEN US, JAPAN
Richard Lawrence |
President Bush and Toshiki Kaifu, Japan's new prime minister, are expected to reaffirm their governm
COAL ASSOCIATION PLANS SEMINAR IN FLORIDA
Journal of Commerce Staff |
The National Coal Association will hold its 13th annual transportation policies andcoal distribution
PEOPLE - INSURANCE MONY FINANCIAL NAMES SHALACK
From Wire Reports |
Mony Financial Services has named Theodore J. Shalack chief financial officer for insurance operatio
HAITIAN HOPES TO INCREASE US THIRST FOR PRICEY RUM
Larry Luxner |
The poorest nation in the Caribbean produces one of the world's most expensive rums. And Haitian-bo
Maritime
TRADING WITH CHINA US FIRMS HEDGE BETS ON CHINA
Mark D. Berniker |
Three months after the Chinese government's violent crackdown on student demonstrators in Beijing's
Maritime
US URGED TO LET LINES BUILD MORE SHIPS ABROAD
William Armbruster |
U.S.-flag liner shipping companies face a grim future if they don't receive greater freedom to build
BRAZIL'S PETROBRAS, WORKERS STILL TALKING
Knight-Ridder Financial |
Negotiations between labor and management of Brazil's state-owned oil corporation, Petrobras SA, con
SEA CONTAINERS MAY ACQUIRE ANOTHER FIRM
Journal of Commerce Staff |
Wall Street analysts wouldn't speculate Wednesday about the identity of a company that Sea Container
Maritime
TRAVELERS SEEM TO BE GETTING OVER TERRORISM FEARS
Tom Belden |
Evidence is building that travelers to Europe this summer are losing some of their fear of terroris
RICE GROWERS ADOPT KINDER, GENTLER WAY OF DEALING WITH JAPAN
Chicago Tribune |
America's 25,000 rice growers have shifted their approach to opening Japan to U.S. exports from reta
BALTIC FREIGHT INDEX
JOC Staff |
1425 (Aug. 30, 1989) Previous day - 1425 The Baltic International Freight Futures Market in
Maritime
SABENA DROPS USPS EXPRESS MAIL SERVICE
Journal of Commerce Staff |
Sabena Belgian World Airways no longer handles the weeknight flight that carries Express Mail betwee
Air Cargo
FINANCIAL BRIEFS
From Wire Reports |
PERU DENIES RUMOR OF IMF EXPULSIONLIMA, Peru - Peru's economy minister has denied reports th
PHILIPPINES MAY SWAP MORE DEBT FOR NATURE
From Wire Reports |
The Philippines is trying to protect its threatened environment and reduce its foreign debt by pione
US BANKERS' ACCEPTANCES IN JULY ROSE $1.35 BILLION
Knight-Ridder Financial |
U.S. bankers' dollar acceptances rose by $1.35 billion to $65.53 billion in July, the Federal Reserv
PHILA. PORT PUSHES CONRAIL FOR INTERMODAL YARD SITE
Journal of Commerce Staff |
The Port of Philadelphia has a plan to become a major container center for the East Coast, but port
PEOPLE - OIL/GAS
From Wire and Staff Reports |
GULF CANADA RESOURCES LTD. (Calgary, Alberta) - C.E. (Chuck) Shultz, 50, was named president and chi
LCP OUTAGE SOON MAY BOOST MARKET PRICES
John Maggs |
An extended outage at LCP Chemicals Inc.'s Moundsville, W. Va., plant soon will cause supply shortag
KODAK MOVES TO SAFEGUARD ENVIRONMENT
(Ap) |
Eastman Kodak Co., under fire for pollution problems around its Rochester facilities, is making a re
OPEN AUTO INSURANCE MART NOT FAVORABLE FOR MASS.
Journal of Commerce Special |
Automobile insurance competition may be fine in some cases, but opening the Massachusetts auto marke
SEATRAIN OFFICIALS HOPE TO RAISE $49 MILLION FOR NEW COMPANY STOCK OFFERING TO FUND FLEET
Bruce Vail |
Top executives of Seatrain Lines Inc. are planning to join theever-larger group of shipping companie
Maritime
BOEING CO. TO RESUME FREIGHTER CONVERSIONS
John Davies |
With prices for all types of 747 aircraft up sharply, the Boeing Co. says it will go back into the b
UK BANKS ADVISED ON MEXICO DEBT
Knight-Ridder Financial |
The Bank of England has told U.K. banks that it sees no need for them to make new debt provisions if
PHILIPPINES LIFTS FEE ON PORT OPERATORS
P.T. Bangsberg |
The state-run Philippine Ports Authority, bowing to pressure from the business sector, will scrap it
Maritime
APATHY, IGNORANCE, RED TAPE IMPEDE US EXPORT OFFENSIVE
Andrea Knox |
America is like the world's Willy Loman: a sad-sack salesman living on legends of past success, losi
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
FMC DISMISSES GUAM CASE
Marie Prat |
The Federal Maritime Commission has approved a request from two major U.S.-flag carriers and dismiss
Maritime
SHIP ACT REVIEW: WHAT EACH GROUP WANTS
Compiled by The Journal of Commerce from documents on file |
MEMBERSHIP Ocean Common Carrier Group -- Represents 27 liner shipping companies serving trad
Maritime
MARITIME BRIEFS
JOC Staff |
CONTAINER TRADE GROWS AT BOSTONThe Port of Boston appears well on its way toward its traditi
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
BONUSES TO LILCO EXECUTIVES AROUSE CONTROVERSY IN NY
(Ap) |
Long Island Lighting Co. gave its three top executives a total of $254,000 in bonuses this year on t
CREDITORS LEAD FIGHT AGAINST TRUCK RATE BILL SHIPPERS HIT PETITION
Leo Abruzzese |
Creditors of failed trucking companies are joining with auditors and billcollectors to fight
Trucking News
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
THINK TANK REPORT URGES JAPAN TO REDUCE COMPETITIVE BARRIERS
Knight-Ridder Financial |
Japan should ease restrictions that are barriers to free competition and fair-pricing procedures in
Maritime
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