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PANAMA CANAL OFFICIAL FEARS EXODUS BY EMPLOYEES
From Wire Reports |
The Panama Canal could suffer an exodus of skilled workers unless the Panamanian government reassure
Maritime
MAERSK LANDS MSC CONTRACT LINE TO OPERATE SURVEILLANCE SHIPS
WILLIAM DiBENEDETTO |
Maersk Line Ltd., the winning bidder for a Military Sealift Command contract worth $61.4 million to
Maritime
TRUCKERS' INCOME SURGES 25 PERCENT IN 2ND QUARTER
Leo Abruzzese |
Higher freight rates increased second-quarter profits for the nation's largest trucking companies to
Trucking News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPAN SEEKS TO SETTLE US TRADE DISPUTEJapan will continue to seek a settlement of its trade
Maritime
THE MULTI-FIBRE ARRANGEMENT
Rosalind Rachid |
The Multi-Fibre Arrangement is an international agreement originally designed to expand trade in tex
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
JAPAN SOON TO RESUME ECONOMIC AID TO CHINAJapan will soon resume economic assistance to Chin
PEOPLE - INSURANCE
From Wire and Staff Reports |
NICELY NAMED GEICO CHIEFOlza M. (Tony) Nicely was named president of Government Employees In
BOAT NUMBERING PLAN EXPECTED TO CUT RATES
TOM McNIFF Jr. |
The Coast Guard is designing a new numbering system for pleasure boats that eventually could lead to
MITSUI GROUP CENTRALIZES BIOTECHNOLOGY RESEARCH COMPANY AIMS TO TAKE ON US
Pei-Tse Wu |
In an effort to overtake the United States in biotechnology research, 20 firms owned by Japan's Mits
MARITIME CALENDAR
JOC Staff |
P&I Seminar. Sept. 6-8. London. Sponsored by Lloyd's of London Press Ltd. Ramada Hotel, 10 Berners S
Maritime
SEN. HOLLINGS TO SERVE AS HONORARY CHAIRMAN OF AOTOS BANQUET
Journal of Commerce Staff |
Sen. Ernest Hollings, D-S.C., will serve as honorary chairman of this year's Ad- miral of the Ocean
Maritime
DOLLAR PUSHES HIGHER ON BULLISH TRADE DATA MARKET FEARS FED INTERVENTION KNIGHT-RIDDER FINANCIAL
JOC Staff |
The U.S. dollar pushed broadly higher Thursday on bullish trade data but then faltered on fears of c
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CANADIAN TRADE SURPLUS FELL DRASTICALLY IN JUNECanada's world merchandise trade surplus decl
US-MEXICAN RELATIONSHIP FLOURISHES
(Reuter) |
After years of estrangement, the United States and Mexico are on a political honeymoon. Acco
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
COORDINATED EFFORT NEEDED TO LURE HONG KONG SEAMEN LAND-BASED JOBS ALSO SUFFERING
P.T. Bangsberg |
Shipowners and ship management companies aren't the only ones who suffer from the steady depletion o
Maritime
SOME PRODUCERS WORRIED BY LULL IN PITTSTON TALKS
Tim Sansbury |
Neither side reported progress this week in the 18-month contract dispute between Pittston Coal Grou
UPS PROTESTS RULING ON CHARTERS
Journal of Commerce Staff |
United Parcel Service Inc. said a recommendation by an administrative law judge to award most U.S.-J
Air Cargo
PORT OF OAKLAND PHASING OUT DISCOUNT RATES REVENUE TO GO TOWARD PROJECTS
Mark Magnier |
The Port of Oakland is phasing out a type of wharfage rate that helped West Coast ports compete with
Maritime
CONN. PORT OPERATOR RETRENCHES AS CARGO VOLUME, CALLS DECLINE
TOM McNIFF Jr. |
Faced with fewer ship calls and decreases in its primary import cargoes at its three Connecticut ter
Maritime
PEORIA MAY BE DROPPED AS CATTLE DELIVERY POINT
John Boyd |
Don't bother asking how it plays in Peoria. Protest letters from that Illinois city and else
RUBBER OUTPUT FALLS IN MALAYSIA
Knight-Ridder Financial |
Malaysia's natural rubber production fell 11.5 percent to 675,943 metric tons in the first 6 months
TRAFFIC BRIEFS
From Wire and Staff Reports |
CENTRAL OF GEORGIA ALLOWED TO CUT CREWSNORFOLK, Va. - The Central of Georgia Railroad Co. an
Rail News
FUTURES TRIAL MAY BE FAR OFF TAPED EVIDENCE IS MASSIVE
From Wire Reports |
The government has more than 250 hours of secret tape recordings of one group of traders and brokers
SOUTHERN CALIFORNIA AIR QUALITY PLAN COULD HURT PORTS
Journal of Commerce Staff |
Southern California ports and shipping lines are afraid they might lose business if one provision of
Maritime
AUTO SHADES A RAY OF SUNSHINE FOR ADVERTISERS
Amy Linn |
Check out any parking lot on a scorching summer day and you'll see it: an invention so simple, so ob
TAIWAN FLEXES FINANCIAL MUSCLE IN BID TO OVER TAKE HONG KONG
From Wire Reports |
Taiwan is starting to use its vast foreign exchange reserves aggressively and hopes to overtake Hong
MALAYSIA PRACTICES RISKY STRATEGY TO SPUR BUSINESS
P.T. Bangsberg |
In his ceaseless quest to spur business, Malaysian Prime Minister Mahathir Mohamad has taken a step
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
SPANISH BANK BUYS STAKE IN KEMPER CORP.MADRID, Spain - Banco Santander, Spain's fourth-large
DOMINICAN REPUBLIC'S DESIRE TO JOIN PACT CAUSES CONCERN
Canute James |
The Dominican Republic, whose major trading partner is the United States, is hoping to ease Caribbea
Maritime
NEW SHIP CHARTERING FIRM GETS FAST START
William Armbruster |
A new ship-chartering company formed this spring has gotten off to a fast start. MC Shipping
ENERGY BRIEFS
From Wire and Staff Reports |
THREE COMPANIES BUY AMOCO NEB. PROPERTIESBeard Oil Co., Floyd Oil Co. and Triad Energy Corp.
HOWARD SIMON - SIMON SAYS
Howard Simon |
IS THE UNITED STATES HEADED for a "canola explosion"? This was recently suggested by a California-ba
CUSTOMS UPDATE
JOC Staff |
PORK HAMS AND SHOULDERS FROM THE EUROPEAN COMMUNITY. The U.S. Trade Representative has suspended the
Maritime
FIRMS TO DEVELOP CARIBBEAN RESORT
Journal of Commerce Staff |
A Caribbean resort operator is joining with a Persian Gulf holding company to develop a resort prope
FARM GROUPS OPPOSE CARGO PREFERENCE BILL
From Wire Reports |
Farmers and the grain trade are moving to stop the Senate from passing a bill with a provision requi
Maritime
TIDE TURNS IN JAPAN UNIONS RELUCTANTLY AGREE TO PLAN FOR FOREIGN CREWS
A.E. Cullison |
Maritime labor unions complain that Japan's shipowners have gone too far in substituting inexpensive
Maritime
EXXON SCRUBS GUATEMALA OIL DRILLING AFTER OUTCRY PROJECT ANGERED ARCHAEOLOGISTS
(Ap) |
Exxon Corp. says it has scrapped an oil drilling project located amid Mayan ruins in a Guatemalan ra
NAVISTAR REPORTS DROP IN 3RD-QUARTER NET
Journal of Commerce Staff |
Navistar International Corp. reported third quarter net income of $28 million, or 8 cents a share, o
Trucking News
LAWMAKERS ARE CAUTIOUS ON AUDIT TRAIL
Knight-Ridder Financial |
Federal regulators and lawmakers said they were pleased - but expressed cautious optimism - with the
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