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MARAD APPROVES REFLAGGING OF BARGE
Journal of Commerce Staff |
The Maritime Administration has approved McDermott Inc.'s application to transfer one of its barges
Maritime
NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * Kevin Commins - Currency Forecast 5A* JofC Industrial Price
RATE HIKE IN JAPAN APPEARS LESS LIKELY
Wire Reports |
Japan announced an unexpectedly low 2.5 percent rise in April wholesale prices Friday, lowering the
ARGENTINA UNLIKELY TO GET FRESH FUNDS THIS YEAR
Wire Reports |
Argentina is unlikely to receive any fresh funds from foreign creditors this year, despite an announ
NJ LAWMAKERS SPLIT ON AUTO REFORM
(Ap) |
The rocky road to lower auto insurance rates in New Jersey has branched off in two new directions.
PEOPLE - COMMODITIES
From Wire and Staff Reports |
PHELPS DODGE CORP. (Phoenix) - Thomas M. St. Clair was elected senior vice president and chief finan
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
A GASOLINE TAX, the recurring idea that seems to dominate discussions of how to cure the budget defi
COMPUTER PROBLEMS PLAGUE THE PENTAGON
Mark Thompson |
The Pentagon, whose problems with buying sophisticated planes, tanks, and ships are well-documented,
WHICH BUD'S FOR EUROPE?
PAULA BUTTURINI Chicago Tribune |
During the lengthy reign of the Habsburgs, the southern Bohemian town of Ceske Budejovice was known
Maritime
P&O SPEARHEADS DRIVE TOWARD EDI AT AUSTRALIAN PORTS
Vincent W. Stove |
Australia's port authorities and transport companies are moving quickly toward establishing a networ
TVA BUYS COAL FOR THREE PLANTS
Journal of Commerce Staff |
The Tennessee Valley Authority said it bought coal for its John Sevier, Kingston and Widows Creek st
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CSX RAIL PRESIDENT GETS ADDITIONAL POSTRICHMOND, Va. - A.R. "Pete" Carpenter, president of C
Rail News
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 |
Fri., May 19, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
MARITIME BRIEFS
From Wire and Staff Reports |
FMC SETTLES PROBE OF CRUISE OPERATORThe Federal Maritime Commission has settled a probe into
Maritime
GM TO OPEN TAIWAN OFFICE AS SALES SOAR
PHILIPPE Le CORRE |
General Motors Corp. will set up a branch office in Taiwan this summer to capitalize on a sales boom
STATE SENATOR INDICTED ON BRIBERY CHARGES
John Davies |
The FBI subpoenaed records of a California Senate committee on insurance shortly before it announced
US AUTO PARTS SUPPLIERS URGED TO GLOBALIZE
Anita Schrodt |
The American auto industry may be a leader in globalization, but parts suppliers aren't keeping pace
VIRGINIA'S INLAND PORT DEDICATED
WILLIAM DiBENEDETTO |
Virginia Gov. Gerald L. Baliles says the new intermodal rail-truck facility here is "ready, operatio
Maritime
DALE STEFFES - ENERGY OUTLOOK
Dale Steffes |
''THE MEANEST BUSINESS TEACHER in the whole world is the free market." I don't know why anyone would
BIOTECHNOLOGY: FACING THE RISKS TO REAP THE PROMISED REWARDS
James Flanigan |
It looks like another promising new drug is coming down the pike from the biotech industry.
MEETING SHOULD PUSH EDI INTO HIGH GEAR
Tony Seideman |
A just concluded meeting in motor city should help push electronic data interchange into high gear i
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 13, total piggyback freight hauled on the nation's major railroads equaled 11
Rail News
ATLANTA'S TRADEPORT CATERS TO AIR SHIPPERS
Craig Dunlap |
If location is a key to any important business venture, then the Atlanta Tradeport is sitting pretty
COMMERCE DEPARTMENT SLATES INSURANCE MISSION TO CHINA
Cristina Lee |
The Commerce Department will sponsor a seminar mission to Beijing, China, Sept. 11-13, to broaden co
EX-SANKO CHIEF MAY BE JAPAN'S PREMIER
From Wire and Staff Reports |
Japan's next premier may well be the elderly former chairman of a bankrupt shipping company, a rulin
Maritime
UPHEAVAL IN CHINA LIKELY TO SLOW ECONOMIC REFORMS
William Armbruster |
China's decision to crack down against student protestors and the apparent resignation of Communist
BALTIC FREIGHT INDEX
JOC Staff |
1744 (May 19, 1989) Previous day - 1748 The Baltic International Freight Futures Market in L
Maritime
ACCOUNTING FIRMS AGREE TO MERGE
(Ap) |
Two major accounting firms, Arthur Young & Co. and Ernst & Whinney, have agreed in principle to a me
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
OPEC QUOTA MAINTENANCE FORECAST
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries is expected to maintain a production ceiling set i
SAUDI COMPANY SETTLES FMC PENALTY DEMAND
Journal of Commerce Staff |
National Shipping Company of Saudi Arabia has settled a Federal MaritimeCommission civil pen
Maritime
INDONESIANS GAIN PROMINENCE IN GLOBAL MART
Tim Sansbury |
Four Indonesian contractors have begun export shipments of coal in the last 18 months, putting the c
POSTAL SERVICE TAKES THE CAKE
Journal of Commerce Staff |
The U.S. Postal Service takes the cake, in this case more than 200 miles, without messing the frosti
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
UNITED PLACES ORDER FOR 32 BOEING JETSNEW YORK - United Airlines has placed an order for 32
Air Cargo
FINANCIAL BRIEFS
Wire and Staff Reports |
UK CHANCELLOR SEEKS ENTRY DATE FOR EMSLONDON - Chancellor of the Exchequer Nigel Lawson will
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
PEOPLE - MARITIME
JOC Staff |
SEA-LAND SERVICE INC. (Edison, N.J.) - Richard E. Murphy was named vice president and general manage
Maritime
OHIO GRANTS LOAN TO PLASTICS RECYCLER
Knight-Ridder Newspapers |
Custom Design Technologies of Canton, Ohio, received approval for a $150,000 loan from the Ohio Stat
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