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SEA-LAND'S CHIEF SAYS RATES ARE TOO LOW SHIPPERS' VIEWS ARE DIFFERENT
Ming-Yuen Fong |
U.S.-flag ship lines are not paid enough for their value-added services, said Jackson Baker, preside
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 7, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
HONG KONG URGED TO OVERSEE ANY IMPLEMENTATION OF EDI
P.T. Bangsberg |
Official monitoring and supervision are required to ensure the success of any electronic data interc
HUNDREDS OF PIECES OF AIRMAIL FOUND IN NY
Journal of Commerce Staff |
Hundreds of airmail packages, some lost for more than a year, wound up under conveyor belts and behi
Air Cargo
AIR CARGO MOVES FROM PLAIN JANE TO HOT PROPERTY
PATRICIA McCORMICK |
Every morning at 8:05 a.m. Northwest Airlines flight No. 5 leaves Newark, N.J., for St. Paul, Minn.,
Air Cargo
TEXACO, CHEVRON HIKE CRUDE OIL POSTINGS
Journal of Commerce Staff |
Texaco Trading & Transportation Tuesday said it raised the posted price for all grades of crude oil
TOFC SERVICE SLATED ON CENTRAL VERMONT
Journal of Commerce Special |
The Central Vermont Railroad plans to resurrect north-south intermodal service late this summer, the
Rail News
THAILAND OKS REFINERY TO MEET OIL DEMAND
P.T. Bangsberg |
Plans for a new oil refinery in Thailand with capacity of 100,000 barrels a day have been approved b
UK PORTS DON'T LIKE ROUGH ROADS AHEAD
Journal of Commerce Staff |
Britain's east coast ports fear that poor roads could darken an otherwise rosy outlook for their fut
Maritime
ANALYSTS EXPECT STENA, TIPHOOK TO CONTINUE SEA CONTAINERS QUEST
David F. White |
Analysts on Wall Street said they did not believe a decision by the U.S. District Court in Washingto
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
DOCKWORKERS RESUME WORK AT FRENCH PORTSMARSEILLES, France - Dockworkers resumed work at Fran
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COMMODITY BRIEFS
Wire and Staff Reports |
SOYBEAN ASSOCIATION SET TO CHANGE NAMEThe National Soybean Processors Association will chang
TRADING WITH ROMANIA ROMANIA ISOLATES ITSELF FROM MOSCOW
Mark D. Berniker |
While economic reforms sweep through Eastern Europe opening economies from Warsaw to Budapest, the R
Maritime
FIRMS URGED TO IMPROVE JOB TRAINING PROGRAMS
(Ap) |
U.S. employers must train workers better and reward enhanced skills to remain competitive internatio
INSURERS PLAN COMPUTER VIRUS COVERAGE
Kevin Commins |
Insurance companies are looking to provide coverage for a new and growing business risk: computer vi
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDIS DISCOVER OIL IN KHURAIS REGIONMANAMA, Bahrain - Saudi Arabia made a new oil find in t
CHINESE NUCLEAR PLANT TO START UP IN '90
P.T. Bangsberg |
Chinese officials say a nuclear power plant with an initial capacity of 300 megawatts should begin o
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These trade leads are supplied through the World Trade Center NETWORK, a service
Maritime
ST. JOHNSBURY CHAIRMAN ASSUMES PRESIDENCY, TOO
Leo Abruzzese |
St. Johnsbury Trucking Co. Chairman Donald Mayoras will assume day-to-day control of the freight lin
Trucking News
GUILFORD, P&W HAGGLE OVER BRANCH LINES
TOM McNIFF Jr. |
Guilford Transportation Industries Inc. rejected out of hand a condition attached to a Providence &
Rail News
US-CHINA TRADE HIT $13.4 BILLION IN '88
(Ap) |
Trade between China and the United States jumped by more than a third last year to a record $13.4 bi
Maritime
INTERNATIONAL BRIEFS
Wire Reports |
MITSUBISHI JOINS CROWD IN UPSCALE AUTO MARTMitsubishi Motors Corp. plans to join the crowded
Maritime
ECONOMIC DATA ABROAD
From Wire Reports |
GERMAN TRADE SURPLUS NARROWED IN APRILFRANKFURT, West Germany - Record imports caused the We
PEOPLE - ENERGY
From Wire and Staff Reports |
FOSTER-WHEELER CORP. (Clinton, N.J.) - Peter D. Rose was elected an assistant treasurer. Mr.
PRODUCTS MARKETPLACE
A Staff Report |
POLYESTER YARN Hoechst Celanese Corp.'s Technical Fibers division, Charlotte, N.C., will inc
MICROBES COULD SPEED EXXON CLEANUP EFFORTS
John Maggs |
On a tar-covered beach in Prince William Sound, scientists will start an experiment Thursday that co
EC MAY CONTINUE MEASURES AGAINST PROPYLENE ALCOHOL
(Ap) |
The European Commission said Tuesday it will consider whether to continue anti-dumping measures agai
DOLLAR DRIFTS LOWER ON SIGNS OF FED EASING
Knight-Ridder Financial |
The dollar drifted lower Tuesday on market perceptions that the Federal Reserve was finally easing c
TOKYO COURT SETS $1.4 MILLION BAIL
Wire Reports |
Tokyo District Court Tuesday set bail of $1.4 million for the former chairman of Recruit Co., center
TIGHTER BANK RULES URGED FOR LDC DEBT
Richard Lawrence |
Rep. John LaFalce, D-N.Y., urged Tuesday that the United States tighten its banking rules to help pr
MARITIME BRIEFS
From Wire and Staff Reports |
UK COURT TO RULE ON STRIKE TODAYA U.K. court will rule today on whether an official U.K. do
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/6 6/5 Ch
HONG KONG HAS BIG HOPES FOR ROLE OF NEW EDI NET
P.T. Bangsberg |
Possession of a sophisticated electronic communications network is ''absolutely vital to the future
DUNKIRK PUTS FOCUS ON BOX TRADE OFFERS LINES NEW TERMINAL
Janet Porter |
The French Port of Dunkirk is trying to attract container traffic away from some its larger North Eu
Maritime
MCI WINS 'BIGGEST EVER' CONTRACT FROM MERRILL LYNCH
From Wire Reports |
Merrill Lynch & Co. said Tuesday it awarded MCI Communications Corp. a contract for voice and data t
K MART HOPES FOR LIFT FROM SPECIALTY STORES SEEKS TO SLOW WAL-MART BLITZ
Joann Muller |
K mart Corp., a decade ago the wunderkind of U.S. retailers, is approaching middle age. But
CONTAINER TRAFFIC STALLS AT HONG KONG BORDER
P.T. Bangsberg |
First indications of a tangible effect on Hong Kong business from the turmoil in China appeared Tues
ANALYSTS SAY FED EASES MONEY POLICY
John Boyd |
The Federal Reserve has now relaxed its monetary policy to encourage lower interest rates for the fi
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