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CORRECTION
JOC Staff |
A story in The Journal of Commerce April 21 under the headline, "NJ-Pa. River Agency Names New Direc
Maritime
WINE IMPORTER'S SUIT CHARGES EX-OFFICIAL UNDERMINED BUSINESS
Rose A. Horowoitz |
Banfi Products Corp., a leading importer of Riunite and other wines, has filed a $5 million lawsuit
Maritime
SFSP REPORTS DROP IN 1ST QUARTER INCOME
Journal of Commerce Staff |
Santa Fe Southern Pacific Corp. reported first quarter net income of $187.5 million, or $1.18 a shar
Rail News
LAKES CARRIERS PUSH FOR STEEL IMPORT QUOTAS
Journal of Commerce Staff |
U.S.-flag carriers operating within the Great Lakes are lining up behind domestic steelmakers in cal
Maritime
CHEMICAL BRIEFS
JOC Staff |
RISE IN BLOW MOLDING OF THERMOPLASTICS SEENBlow molding of engineering thermoplastics will d
HAMBURG PREDICTS '92 UNITY MAY SLOW PORT'S NORDIC TRADE
Erich E. Toll |
Trade growth between the Port of Hamburg and Nordic countries is likely to be restrained because thr
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
Wire and Staff Reports |
CHINESE METAL OUTPUT ON THE RISE IN 1989HONG KONG - Production of China's 10 most commonly u
GOVERNOR VETOES NY PRODUCTS TAX
(Ap) |
Gov. Mario Cuomo Friday vetoed a new tax on petroleum products and with it a plan to give New York's
ELECTRONICS CALENDAR
JOC Staff |
EDI Planning and Implementation, two-day seminar, April 24-25. Hyatt Regency, Arlington, Va. Contact
PEOPLE - MARITIME
From Wire and Staff Reports |
ATLANTIC CONTAINER LINE (South Plainfield, N.J.) - Alan M. Potter was named vice president-finance a
Maritime
NO OARS IN THE WATER THIS TIME AROUND
JOC Staff |
This 95-foot canoe was recently shipped from California to Pago Pago, American Samoa, for use in an
Maritime
ADMINISTRATION'S CFC PLAN POSES SOME TAXING QUESTIONS
(Ap) |
The Bush administration plans to siphon off $2.45 billion from profits of companies making ozone-dep
SHIVER ME TIMBERS - BOAT & BREAKFAST!
Journal of Commerce Staff |
Attention quiche-eating longshoreman. Hear ye, sea-loving young professionals. The Port of O
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN SEEN IMPEDING WOOD PRODUCTS IMPORTS
(Ap) |
Oregon lawmakers said that a draft Commerce Department report on Japanesebarriers to imports
Maritime
JAPANESE CONSUMERS SEND OUT FOR GOODS, SIDESTEP IMPORT COSTS
From Wire Reports |
Pioneering Japanese consumers fed up with the high cost of imports are saving a bundle by ordering d
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
TOYOTA MOTOR SALES U.S.A. INC. (Torrance, Calif.) - In a management reorganization, Toyota Motor Cor
Maritime
HONG KONG'S RE-EXPORTS TO US JUMPED BY 52 PERCENT DURING 1988
P.T. Bangsberg |
Re-exports to the United States, which ranks second among such markets, grew 52 percent last year to
Maritime
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
CHINESE AUSTERITY FAILS TO SLOW PRICE RISEInflation and wages in China are still rising desp
ALLIANCE SEEKS TRUCE WITH CONSUMER GROUPS
(Ap) |
A trade association of insurance companies last week called for "a truce in the war of words" with c
MONTEDISON, HIMONT ENTER KOREAN VENTURE
P.T. Bangsberg |
An American-Italian joint venture is the latest to jump into South Korea's rapidly expanding chemica
FOREIGN COMPANIES FACE RISING KOREAN LABOR ACTIVISM
P.T. Bangsberg |
The continuing round of labor disputes in South Korea is sparking concern among foreign businesses,
CLARIFICATION
JOC Staff |
An article on Page 1B of The Journal of Commerce April 19, entitled "APL Calls Shenzhen Service a Su
Maritime
FUELED BY CRUDE OIL, PRICE INDEX AT NEW HIGH
Howard Simon |
Sharply higher crude oil prices continued to fuel inflation expectations, as measured by The Journal
RAIL, SHIPPER DEBATE CONTINUES OVER RATES ICC CLAIMS DEREGULATION HAS LOWERED RAIL RATES
Howard S. Abramson |
Railroad freight rates have declined an average of more than 20 percent since 1980, adjusted for inf
Rail News
NOVA CORP. EARNINGS ROSE IN 1ST QUARTER
Journal of Commerce Staff |
Nova Corp., Calgary, Alberta, said it earned C$129 million (about US$105 million) or 51 cents a shar
CURRENCY PROFITS FALL AT MAJOR US BANKS
Alan Zimmerman |
Foreign exchange profits at money center banks fell about 33 percent in the first quarter from a yea
MARAD APPROVES SALE OF KEYSTONE VESSEL
Journal of Commerce Staff |
The Maritime Administration has approved the sale of a Keystone Navigation Inc. vessel and received
Maritime
NEDLLOYD GROUP EXPECTS LARGER PROFIT THIS YEAR
Journal of Commerce Staff |
Royal Nedlloyd Group NV, one of Europe's largest shipping and transportation companies, said Thursda
Maritime
SAFETY ZONES SET UP AROUND EXXON VALDEZ
Journal of Commerce Staff |
The Coast Guard is setting up a combination of fixed and mobile 1,000-yard safety zones around the E
Maritime
INSTITUTE CERTIFIES 182 BOX INSPECTORS
Journal of Commerce Staff |
The Institute of International Container Lessors has certified 182 container inspectors who passed I
Maritime
BRAZIL'S OIL BILL DECLINES SLIGHTLY
Knight-Ridder Financial |
Brazil's January-March net oil bill totaled $608.3 million, slightly less than the $616.9 million a
SHELL UK DENIES CANCELLATION OF CONTRACTS
Knight-Ridder Financial |
Shell UK Exploration & Production Co. said Thursday it had not canceled crude oil supply contracts a
COST OF CREDIT
JOC Staff |
Thu., Apr. 20, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
INSURANCE CALENDAR
JOC Staff |
The National Committee on Property Insurance will hold a workshop on loss mitigation efforts along t
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended April 15 total piggyback freight hauled on the nation's major railroads equaled 1
Rail News
SOME CARRIERS WARY ABOUT NEWS OF LABOR ACCORD AT GENOA PORT
Bruce Vail |
Shipping companies in the Mediterranean trade are reacting with caution to news that a partial settl
Maritime
EXCHANGES MAY ADOPT CME TRADING REFORMS
Kevin Commins |
The trading reforms recommended by a Chicago Mercantile Exchange committee could pressure other exch
THE ECONOMY
JOC Staff |
NEW JOBLESS CLAIMS UP 2,000 FOR WEEKNew claims for state unemployment insurance benefits wer
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