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COURT WON'T SET ASIDE JONES ACT EXCEPTION
WILLIAM DiBENEDETTO |
A federal appeals court has reversed a lower court and ruled that the Coast Guard acted properly las
Maritime
NEW CALIF. GUIDELINES WOULD PROHIBIT SHARING OF DATA ON PREMIUMS
Janet Aschkenasy |
Antitrust guidelines issued last month in response to Proposition 103 would prohibit brokers from di
INSURANCE BRIEFS
Wire and Staff Reports |
INSURED STORM DAMAGE IN $40 MILLION RANGEInsured property damage from Hurricane Chantal, whi
QUARTERLY EARNINGS DISAPPOINT BROKERS
William Armbruster |
Reflecting the impact of a continuing rate war, insurance brokers experienced a generally lackluster
BALTIC FREIGHT INDEX
JOC Staff |
1417 (Aug. 16, 1989) Previous day - 1409 The Baltic International Freight Futures Market in
Maritime
TRUCK RATE DISCOUNTING SHOWS SIGNS OF ESCALATING
Leo Abruzzese |
Soft economic growth and an expected decline in business are triggering a new round of truck rate di
Trucking News
AVIATION BRIEFS
Wire and Staff Reports |
NEW QANTAS JET TO FLY NON-STOP TO LONDONQantas, the international airline of Australia, has
Air Cargo
B&W USES AUTHORITY TO BOOST SERVICES
Journal of Commerce Staff |
B&W Cartage Co., Detroit-based regional truck line, is using its new operating licenses to serve Can
Trucking News
TRAFFIC BRIEFS
Wire and Staff Reports |
S. CALIF. CLEAN AIR PLAN WOULD RESTRICT TRUCKSTrucking patterns in Southern California could
Trucking News
SAS DEVELOPING COMPUTER SYSTEM FOR CARGO HANDLING
Douglas Nelms |
Scandinavian Airlines System is developing an electronic network that willallow paperless ha
Air Cargo
BALTIMORE, NAVY SLATE SEPTEMBER FESTIVITIES
Journal of Commerce Staff |
Two U.S. Navy ships will visit Baltimore Sept. 15-18 and will be open for public visits, the Navy sa
Maritime
SEA CONTAINERS REJECTS SWEETENED TEMPLE BID
Edwin Unsworth |
Sea Containers Ltd., the container lessor and ferries and ports operator, on Wednesday rejected an i
Maritime
TRANSPORT CALENDAR
JOC Staff |
Association of American Railroads, 1989 industry audit conference, Aug. 20-22. Marriott Downtown Hot
Trucking News
CHINA TO BOOST PRODUCTION OF BOXES JOINT VENTURE PLANS FACTORIES
P.T. Bangsberg |
China may have found a hidden opportunity posed by its chronically congested ports and inadequate in
Maritime
PHILADELPHIA PORT CORP. WEIGHS THREE BIDS TO OPERATE STEEL BERTH
Allen R. Wastler |
Three companies are vying for the right to operate one of the Philadelphia Port Corp.'s primary stee
Maritime
WASTE CARGO RETURNS TO MONTREAL FROM UK
Leo Ryan |
A Soviet freighter is returning to Montreal with a cargo of Canadian toxic chemical wastes that the
Maritime
BETTER DESIGN COULD SPUR US EXPORTS
William Armbruster |
American companies could find strong markets in Europe for their products if they improved their des
Maritime
MEXICANS OPEN STRIKE-HIT BORDER PLANTS
(Ap) |
Hundreds of workers tore down black-and-red strike flags, unlocked gates and poured back to their jo
Maritime
TEXTILE, SUGAR PROVISIONS THREATEN CARIBBEAN BILL
Larry Luxner |
Supporters of a bill to strengthen the Caribbean Basin Initiative ought to scrap controversial text
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
THAI COMPANY TO BUY BUMBLE BEE SEAFOODSPillsbury Co. said Wednesday it will sell its Bumble
Maritime
GREATER TRADE POLICY OPENNESS URGED
Edwin Unsworth |
Creating domestic agencies that will maintain an open trade policy in each country is the only way t
Maritime
TRADING WITH HUNGARY US FORGES STRONG TIES IN HUNGARY
Mark D. Berniker |
President Bush's visit to Budapest earlier this summer is proving to be a boon to U.S.-Hungarian tra
Maritime
CHEMICAL EXPORTS ROSE 12 PERCENT IN SECOND QUARTER
Journal of Commerce Staff |
U.S ports loaded 12 percent more chemicals for export in the second quarter of 1989, compared with t
DUTCH COURT ON WASTE: SEND IT BACK
From Wire Reports |
A Dutch court Wednesday ordered toxic zinc waste turned away by Brazil in July returned to its origi
NEW METHANOL PLANT SET FOR TRINIDAD
Larry Luxner |
Investors in Trinidad & Tobago plan to build a $160 million chemical-grade methanol plant, one of th
OWENS-CORNING BUYS CANADIAN UNIT
Journal of Commerce Staff |
Owens-Corning Fiberglas Corp. of Toledo, Ohio, will acquire full ownership of its affiliate, Fibergl
US IMPORTED MORE CHEMICALS IN 2ND QUARTER OVERALL SURPLUS OF TRADE ROSE JOURNAL OF COMMERCE STAFF
JOC Staff |
The United States imported 7 percent more chemicals by volume in the second three months of 1989, co
DOUBTS RAISED OVER AUSTRALIAN PLANT
Vincent W. Stove |
Completion of a US$1 billion petrochemical plant on Australia's west coast now seems unlikely, at le
DOLLAR SLIPS ON CONCERN ABOUT US TRADE REPORT
Knight-Ridder Financial |
The U.S. dollar edged lower Wednesday on concern that today's key report on U.S. trade for June may
THAILAND STRIVES TO MAINTAIN INVESTOR APPEAL EFFORTS FOCUS ON HONG KONG
P.T. Bangsberg |
The government of Thailand, already presiding over strong economic growth and overseas interest, is
Maritime
MALAYSIA HOPES PALM OIL SALES TO THE US WILL REVIVE
P.T. Bangsberg |
U.S. imports of palm oil from Malaysia are expected to increase substantially now that the American
Maritime
FIRMER WHEAT PRICES FORECAST FOR AUTUMN
Howard Simon |
Wheat prices will firm into the fall and winter months reflecting weather- relate d crop reductions,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
ARGENTINA TO ASK IMF FOR STANDBY LOANBUENOS AIRES, Argentina - Argentina's economy minister
COST OF CREDIT
JOC Staff |
Wed., Aug. 16, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - FINANCIAL
From Wire and Staff Reports |
CONFERENCE BOARD (New York) - Gail Fosler was named chief economist and director of the economic and
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPAN POSTS 7.8 PERCENT RISE IN INDUSTRIAL OUTPUTProduction at Japan's mines and factories r
NEWS SUMMARY
JOC Staff |
* Trading with Hungary 4A * Hong Kong, German Firms to Help China Build Boxes 1B* Tim Sansbu
ANGOLA BEGINS STRUGGLE FOR ECONOMIC RECOVERY
(Ap) |
This tranquil, prosperous south Atlantic port is an example of what Angola could be like if peace ta
HARD TIMES CONTINUE FOR US LABOR
Steve Kaufman |
Viewed in isolation, the United Auto Workers' failure to organize a Nissan automobile plant in Tenne
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