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WRONGFUL FIRINGS CAN STIR LAWSUITS
Craig Dunlap |
Regina threw up her hands and shook her head in shocked disbelief. After seven years of glowing job
RISING PRICE OF LOCOMOTIVES HURTS SHORT LINES
Howard S. Abramson |
Escalating price tags for locomotives, coupled with fears that the economy may be softening, have le
DOLLAR PUSHES HIGHER IN LACKLUSTER MARKET
Knight-Ridder Financial |
The U.S. dollar pushed slightly higher against most major currencies Monday in a dull market marked
BALTIC FREIGHT INDEX
JOC Staff |
1623 (Apr. 10, 1989) Previous day - 1622 The Baltic International Freight Futures Market in
Maritime
SAFETY-RELATED REPAIRS FORCE BP RIG SHUTDOWN
Journal of Commerce Staff |
British Petroleum Co. shut down one of its North Sea oil rigs until the middle of the week because t
OPEC OUTPUT ROSE IN MARCH
Journal of Commerce Staff |
The Organization of Petroleum Exporting Countries' crude oil output exceeded 20 million barrels a da
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
US CHEMICAL IMPORTS JUMPED 30 PERCENT BY VOLUME IN FEBRUARY
Charles Thurston |
Chemical import volumes bounded up 30 percent in February 1989 to 2.9 million metric tons from 2.3 m
PEOPLE - TRADE
Wire and Staff Reports |
CAMPBELL SOUP CO. (Camden, N.J.) - John T. Dorrance, a former chairman of this major food maker and
Maritime
JAMAICA, TRINIDAD HAVE MIXED FORTUNES
Canute James |
Jamaica and Trinidad and Tobago, the largest members of the Caribbean Economic Community, reported w
Maritime
BANK-INSURANCE LINKS IN CANADA SUPPORTED
Journal of Commerce Staff |
Market forces should determine how insurance is sold, said a Canadian bank executive. Consum
CHINA FACES ENERGY CRISIS
From Wire Reports |
China is facing an unprecedented energy crisis, with power cuts hitting factories, hospitals and hou
JAPANESE DOCK STRIKE EXPECTED TO CONTINUE CARRIERS REPORT NO DISRUPTIONS IN BOX LOADING
A.E. Cullison |
A strike of the country's nine major containerports by the 50,000-member Japan Council of Port and H
BUSINESS EXPECTS HARD BARGAINING AT TRADE TALKS
William Armbruster |
Business leaders are breathing a collective sigh of relief over international trade agreements reach
TRAFFIC BRIEFS
Wire and Staff Reports |
RYDER WON'T ELIMINATE ONE-WAY TRUCK RENTALSRyder System Inc. said an article in the April 17
Trucking News
DEBT RELIEF FOR MEXICO WON'T ARRIVE IN TIME
(Ap) |
President Carlos Salinas de Gortari moved swiftly to confront his domestic foes, but he has waited f
CARGO CONFEREES STRESS EFFICIENCY
Bruce Vail |
The international cargo-handling business is undergoing a restructuring that is shaking the industry
Maritime
DEALERS CHARGE EXXON WITH DECEPTIVE PRACTICES
(Ap) |
An angry group of Texas service station owners filed suit against Exxon Co. U.S.A., charging that th
US GASOLINE PRICE JUMP BIGGEST, QUICKEST EVER
Staff and Wire Reports |
Gasoline prices jumped more than 10 cents in the wake of the nation's worst oil spill, gasoline mark
PEOPLE - CHEMICALS AMOCO CHEMICAL NAMES EXECUTIVES
From Wire and Staff Reports |
James E. Fligg was named executive vice president and George A. Nersesian was named vice president,
FLA. HOUSE PANEL OKS LEGISLATION TO CREATE CONSUMER ADVOCATE
Knight-Ridder Newspapers |
A Florida House committee last week responded to calls that someone should speak solely for consumer
SHIPPERS AND TRUCKERS FIGHT MASS. FEE HIKES
Michael S. Lelyveld |
Massachusetts shippers are siding with truckers in their campaign to overturn a series of steep fee
Transport, Trade and Regulation News
HEINEKEN CHIEF CAUTIOUSLY OPTIMISTIC
From Wire Reports |
Dutch beer baron Alfred Heineken, who steps down later this month as chairman of the international b
Maritime
DOCK STRIKE LOOMS IN BRITAIN, BUT TIMING REMAINS UNCERTAIN
Edwin Unsworth |
A dock strike is all but certain in Britain, a leading dockworkers union spokesman said Monday, even
CHINA ANNOUNCES HIKE IN OIL PRICE TO JAPAN
Knight-Ridder Financial |
China announced over the weekend that it will hike the price of Danqing crude oil to $17.06 a barrel
MINORCO HIKES STAKE IN FIGHT FOR UK FIRM
Wire Reports |
South African-backed Minerals & Resources Corp. put another $507 million on the table Monday in its
A.J. BRODY, CHAIRMAN OF COMEX, RESIGNS
Knight-Ridder Financial |
Alan J. Brody, president of the Commodity Exchange since 1981, resigned his post effective June 30 t
FIRM SEEKS OK TO SELL PIPE-LAYING BARGE
Journal of Commerce Staff |
Santa Fe Offshore Construction Co. of Alhambra, Calif., is seeking Maritime Administration permissio
Maritime
SNAIL SALES CREEP UP
(Ap) |
If catfish farming is a fast-growing business in some parts of the United States, can snail ranching
Maritime
STRIKE THREATENS TO PARALYZE PORT OF SANTOS
James Bruce |
Shipboard workers, those who load and unload cargo, at Brazil's Port of Santos are set to strike for
Maritime
TDK CORP. TO BUY SILICON SYSTEMS
(Ap) |
Silicon Systems Inc. has agreed to be bought by Japanese recording tape company TDK Corp. in a deal
Maritime
COMPANIES TRY TO KEEP OLDER WORKERS
(Ap) |
Companies ranging from fast-food giant McDonald's Corp. to aircraft maker Grumman Corp. agree they n
Transport, Trade and Regulation News
SERVICE CONTRACTS, RATE ACTIONS SPLIT CARRIERS, SHIPPERS
WILLIAM DiBENEDETTO |
Ocean shipping lines and shippers remain split over how service contracts and independent rate actio
Transport, Trade and Regulation News
SLOWER GROWTH EXPECTED IN WEST AFTER SURPRISING REBOUND IN '88
From Wire Reports |
Western economies will probably slow down in 1989 after rebounding surprisingly well from the 1987 s
W. GERMAN FINANCE CHIEF LIKELY TO LOSE HIS POST
Knight-Ridder Financial |
Gerhard Stoltenberg is likely to lose his post as West German finance minister in Chancellor Helmut
LOCOMOTIVE FLEET IS UNDER PRESSURE
Lawrence H Kaufman |
The nearly decade-long decline in the U.S. locomotive fleet has ended, rail equipment executives say
Rail News
CAROLINA FREIGHT REPORTS HIGHER EARNINGS
Journal of Commerce Staff |
Carolina Freight Corp.'s first quarter earnings rose to $1.5 million, or 23 cents a share, from $463
Trucking News
PEOPLE - FINANCIAL
Wire and Staff Reports |
CITIBANK (New York) - Mark Bach was named vice president in charge of new product development, a new
BAXTER WILL SELL REAGENTS INTEREST TO GREEN CROSS
Journal of Commerce Staff |
Baxter International Inc. announced that it has reached an agreement to sell its shares of Internati
MARITIME BRIEFS
From Wire and Staff Reports |
BIAGGI BEGINS SERVING SENTENCE FOR BRIBERYGRAPEVINE, Texas - Former U.S. Rep. Mario Biaggi,
Maritime
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