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DOUBLE-BOTTOMS AGAIN DEBATED SENATORS HEAR PROS AND CONS
WILLIAM DiBENEDETTO |
Debate over requiring double-bottoms on tankers that call at U.S ports,dormant for over 10 y
Maritime
US PESTICIDE EXPORTS RETURN ON IMPORTED FOODS
(Ap) |
The Environmental Protection Agency is failing to notify other countries about dangerous pesticides
COST OF CREDIT
JOC Staff |
Thu., May 11, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
DRUG FIRM CHAIRMAN ACCUSES FDA OF RETALIATING FOR PROBE
(Ap) |
The head of a generic-drug company told Congress Thursday that the Food andDrug Administrati
PEOPLE - ENERGY
From Wire and Staff Reports |
COASTAL CORP. (Houston) - D. Lamar Smith joined Coastal organization as president and chief executiv
JAPANESE FIRM INKS CONTRACT TO BUY CHINESE STEAM COAL
Journal of Commerce Staff |
Japan Coal Development Co. signed a contract for 2.5 million metric tons of China's Datong steam coa
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
PHILLIPS PETROLEUM PLANS TO FOCUS ON EXPLORATION AND PRODUCTION
Neil Springer |
Phillips Petroleum Co. will emphasize exploration, production and chemicals this year at the expense
SPOT PRODUCT PRICES
JOC Staff |
May 11, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
A.T. MASSEY COAL PLANS TO EXPAND W.VA. ACTIVITIES
Tim Sansbury |
A.T. Massey Coal Co. is working on a deal to buy out an Austrian steel company's interest in a West
SELF-RELIANT BEEKEEPERS DISAGREE ON WHAT 'KILLERBEES' WILL MEAN
Journal of Commerce Special |
About 100 feet from Horace Bell's house in DeLand, Fla., is a bee-yard with about 1,500 working bee
Maritime
HOW NEW JERSEY LURES INVESTORS FROM OVERSEAS
Paula L. Green |
The New Jersey Turnpike is turning into an international asset for the Garden State. The sta
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 6, total piggyback freight hauled on the nation's major railroads equaled 113
Rail News
ENERGY BRIEFS
From Wire and Staff Reports |
P.T. CALTEX PACIFIC FINDS OIL IN SUMATRAWHITE PLAINS, N.Y. - Texaco Inc. and Chevron Corp. s
GATT TO PROBE CHARGES BY JAPANESE AGAINST EC
A.E. Cullison |
The General Agreement on Tariffs and Trade reportedly has agreed to launch an investigation into Jap
Maritime
HONG KONG TARGETS US FOR INVESTMENT
P.T. Bangsberg |
The U.S. East Coast is target No. 1 for a new drive to woo investment and technology to Hong Kong, w
Maritime
TRANSPORT EARNINGS
From Wire and Staff Reports |
CHEMICAL LEAMAN POSTS 1ST QUARTER NETEXTON, Pa. - Chemical Leaman Corp., whose subsidiaries
Trucking News
AIRLINES SEEK TO SLASH FARES FROM TOKYO
A.E. Cullison |
Eighteen Japanese and foreign airlines said Thursday they have applied to Japan's Ministry of Transp
Air Cargo
MICHIGAN FIRM TO SELL NUCLEAR PLANT EXPERTISE
Sean Price |
CMS Energy Corp., Dearborn, Mich., said Thursday that it will begin providing consulting services fo
FREIGHT RATE FUTURES
JOC Staff |
May 11, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
NEW IPE CRUDE OIL OPTIONS SEEN HAVING BRIGHT FUTURE
Knight-Ridder Financial |
The International Petroleum Exchange's Brent crude oil options contract, which started trading Thurs
EVENTS TO MARK WORLD TRADE WEEK
Jennifer Friedland |
Department of Commerce district offices around the country are lining up events for World Trade Week
Maritime
COURT BARS JAPONICA FROM SOLICITING PROXIES
Howard S. Abramson |
A federal appeals court has enjoined Japonica Partners LP from soliciting proxies for Tuesday's elec
Rail News
INSURANCE BRIEFS
From Wire and Staff Reports |
FARMERS SAYS ITS RATES ARE ALREADY FAIRFarmers Insurance Group of Cos. is the latest insurer
BALTIC FREIGHT INDEX
JOC Staff |
1727 (May 11, 1989) Previous day - 1715 The Baltic International Freight Futures Market in L
Maritime
DOT CLOSE TO ENDING LONG DELAY ON SETTING 1988 AIRMAIL RATES
Ira Breskin |
The Department of Transportation's foot-dragging in setting international airmail rates is causing a
Air Cargo
LLOYD'S UNDERWRITERS FACE TOUGHER QUALIFICATION RULES
Edwin Unsworth |
Lloyd's of London is planning to introduce its first formal proficiency requirements for new underwr
NEW US CARGO POLICY BACKS CARRIER INTERESTS
Leo Abruzzese |
The sweeping international air cargo policy guidelines adopted this week by U.S. officials recognize
Air Cargo
PEOPLE - INSURANCE W.E. HEDIEN NAMED ALLSTATE CHAIRMAN, CEO
Journal of Commerce Staff |
Wayne E. Hedien, 55, was named chairman and chief executive at Allstate Insurance Group, effective J
TRAFFIC BRIEFS
From Wire and Staff Reports |
J.P. FISHWICK RETIRES FROM NS BOARDROANOKE, Va. - John P. Fishwick, retired chairman of Norf
Rail News
AVIATION BRIEFS
From Wire and Staff Reports |
UNITED SEEKS DOT OK FOR TOKYO SERVICECHICAGO - United Airlines has reapplied to the U.S. Dep
Air Cargo
INSURERS ABANDONING ONTARIO AUTO MART
Leo Ryan |
It's not yet a flood, but there has been a steady trickle of insurance companies in Ontario pulling
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC, US STICK TO GUNS IN AEROSPACE AID ROWThe United States and the European Community Commis
Maritime
ANTITRUST CLAUSE OF REFORM BILL FAILS IN TEXAS
Journal of Commerce Staff |
A coalition of insurance industry trade groups fought off several unwelcome amendments to an insuran
MANAGING TRAFFIC
Greg Johnson |
WEST COAST SHIPPERS say eastbound truckload rates have hit rock bottom because of scant volumes.
Trucking News
$100 MILLION SETTLEMENT REPORTEDLY REACHED IN SAN JUAN HOTEL FIRE
(Ap) |
Owners of the Dupont Plaza Hotel in San Juan, Puerto Rico, have agreed to pay about $100 million to
COAST GUARD MULLS GEOSTAR TRACKING USE
Journal of Commerce Staff |
The U.S. Coast Guard has contracted with Geostar Corp. to explore use of that company's tracking ser
MALAYSIA'S MAIN PORT WEIGHS STRENGTHENING ELECTRONIC LINKS
P.T. Bangsberg |
Port Kelang, the main shipping center of Malaysia, is planning to start using electronic communicati
UK INSURER POSTS LOWER EARNINGS
Journal of Commerce Staff |
General Accident PLC became the second U.K. insurer this week to report lower earnings in the first
EXPORT BRIEFS
Wire Reports |
SENATE PANEL VOTES IN FAVOR OF FSX DEALThe Senate Foreign Relations Committee voted narrowly
Maritime
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