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INTERNATIONAL BRIEFS
Wire and Staff Reports |
AGREEMENT TO LEGALIZE SOLIDARITY ENDORSEDWARSAW, Poland - Lech Walesa and a government minis
Maritime
SMALL-BUSINESS MEETINGS SET ON US-CANADA TRADE JOURNAL OF COMMERCE STAFF
JOC Staff |
The U.S. Small Business Administration and American Telephone & Telegraph Co. will cosponsor two Jun
Maritime
DRUG AGENCY TESTS HERBICIDES IN PERU
From Wire Reports |
Peruvian and U.S. Drug Enforcement Administration agents sprayed herbicides including Spike on about
STOCK ACQUISITION BY PICKENS SURPRISES JAPANESE COMPANY
(Ap) |
A Japanese auto parts maker in which U.S. corporate takeover specialist T. Boone Pickens Jr. has tak
Maritime
QUICK RESPONSE STRATEGY POPULAR
Torrey Byles |
Retailers and clothing manufacturers are moving to get quick fast. They're so committed to a
IMPORT BRIEFS
Wire and Staff Reports |
ADMINISTRATION WIDENS ASSAULT WEAPON BANThe Bush administration said Wednesday that it was e
Maritime
SOME FARMERS TURN TO HEDGING TO PROTECT AGAINST CROP LOSSES
Kevin Commins |
When the worst drought in 50 years hit the Midwest last summer, farmers felt both joy and anguish.
DISRUPTION OF ALASKAN OIL FLOW SENDS CRUDE STOCKS PLUNGING
Journal of Commerce Staff |
The disruption in crude oil supplies from Alaska led to a staggering drop in inventories for the wee
AUTONOMY FOR CHINESE ZONE MEETS RARE OPPOSITION
(Ap) |
A law giving one of China's free-enterprise cities the right to make its own laws ran into unprecede
Maritime
ITEL PLACES GROWTH BEFORE SHORT-TERM PROFIT
Anita Schrodt |
Itel Corp. states a clear corporate goal of long-term growth and good cash flow in its new 1988 annu
Rail News
WORLD TODAY
From Wire and Staff Reports |
MOSCOW WON'T REPLY ON LIBYAN BOMBER SALEThe Soviet government would not confirm or deny repo
PEOPLE - COMMODITIES
Wire and Staff Reports |
ELDERS FUTURES INC. (New York) - Thomas F. Mallon Jr. was named executive vice president and group m
BOY SCOUTS TO HONOR PRMMI, CSX OFFICIALS
Journal of Commerce Staff |
Gerald P. Toomey of Puerto Rico Marine Management Inc. and John W. Snow ofCSX Corp. will be
Maritime
HAMBURG-SUD REVENUE ROSE 10 PERCENT IN 1988
Erich E. Toll |
Hamburg-Sud, West Germany's second-largest shipping group, said Wednesday its 1988 profit was satisf
Maritime
BUY-OUT AGREED FOR UNIROYAL CHEMICAL
(Ap) |
A management group from Uniroyal Chemical Co. reached an agreement to buy the company from Avery Inc
AIR CARGO SHIPMENTS ON THE RISE AT THE THREE NYC AREA AIRPORTS
Journal of Commerce Staff |
The air cargo boom continues at the three airports in the New York metropolitan area. Last y
Air Cargo
AIR JAMAICA JET SEIZED AFTER CUSTOMS FINDS DRUGS
Journal of Commerce Staff |
Air Jamaica faces a fine of up to $28.8 million following seizure by the U.S. Customs Service of 3,5
Air Cargo
MONSANTO AND SOVIETS TO BUILD BIOTECH LAB
Mark D. Berniker |
Monsanto Co. and the U.S.S.R. Academy of Sciences have signed an agreement to establish the first jo
SPOT PRODUCT PRICES
JOC Staff |
Apr. 5, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
PSNH BIDDING WAR UNLIKELY, NEES SAYS
TOM McNIFF Jr. |
New England Electric System, which bid $2.35 billion for Public Service Co. of New Hampshire's non-S
OIL PRICES FALL ON NYMEX
Sam Glasser |
Oil prices took a tumble on the New York Mercantile Exchange Wednesday amid indications that the sup
NORTH SEA WELL TEST A SUCCESS, HESS SAYS
Journal of Commerce Staff |
Amerada Hess Ltd., the British unit of Amerada Hess Corp., said its latest appraisal well in the Nor
JAPANESE TRUST BUYS CHICAGO HOTEL
Chicago Tribune |
The Claridge Hotel, a 13-story luxury hotel in the heart of Chicago's Gold Coast on Lake Michigan, h
WESTINGHOUSE CREDIT CORP. FORMS NEW FINANCE GROUP
Journal of Commerce Staff |
Westinghouse Credit Corp. said it formed a Major Industries Finance Group to provide full-service fi
OCEAN LOSS LAID TO SALE OF BARBER
Edwin Unsworth |
Ocean Transport & Trading PLC reported Wednesday that a 26 million ($44.2 million) loss on the sale
Maritime
NJ DOCKERS FILE SUIT AGAINST RECRUITING PLAN HIRING HALLS MAY BE CLOSED
Bruce Vail |
Ten New Jersey longshoremen are going to court to prevent a long-anticipated modernization of New Yo
Maritime
UK TRADE DEFICIT BLAMED ON GOODS THAT LACK APPEAL
Edwin Unsworth |
The British government may be on the wrong track in using higher interest rates to redress the count
Maritime
TRADE PACT MAY BOOST N. AMERICAN TIRE SECTOR
Mike Lauzon |
The free trade agreement between the United States and Canada will lead to a stronger North American
Maritime
OVERNIGHT AIR COOURIER'S TARDINESS PROVES COSTLY FOR CROUSE-HINDS
Josh Goldstein |
When it absolutely, positively has to be there the next day - don't count on it. That's the
Air Cargo
SMALL COMPANY SHOWS THE WAY IN DEALING WITH SOVIETS
Lee Egerstrom |
Better Than Money Corp., the small business consulting firm that is opening a joint venture training
SAM GLASSER'S - INSIDE TALK - ON ENERGY
JOC Staff |
OIL INDUSTRY VETERANS were astonished at the events that unfolded in Alaska over the past two weeks:
DETROIT ZONE SAYS EXPORTS, JOBS GROWING
Journal of Commerce Staff |
The Greater Detroit Foreign Trade Zone continued its export and employment expansion during the 1988
TRAFFIC BRIEFS
From Wire and Staff Reports |
TRANSCON TO DISTRIBUTE STOCK TO ITS EMPLOYEESTranscon Lines Inc., a major trucking company,
Trucking News
US TECHNOLOGY EDGE THREATENED BY JAPANESE
(Ap) |
From the days when inventor Thomas Edison's light bulb first lit the nights of 1879, Americans have
INTEREST RATE CONTRACT MAY NOT SURVIVE
Cathy Kristiansen |
Volume for the 30-day interest rate futures contract at the Chicago Board of Trade is edging upward,
FOREIGN STOCK WARRANTS ATTRACT GLOBAL INVESTORS
Journal of Commerce Staff |
The growth in global investment is leading to an increase in demand for foreign stock index warrants
AUTO MANUFACTURERS LOOK TO CHINESE MARKETPLACE
(Ap) |
Japanese and European companies want U.S. customers, U.S. companies want wider European and Japanese
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1621 (Apr. 5, 1989) Previous day - 1614 The Baltic International Freight Futures Market in L
Maritime
DOT REJECTS BIDS FROM AMERICAN, UNITED TO ADD SERVICES TO JAPAN
Leo Abruzzese |
The Transportation Department rejected separate pleas by United Air Lines Inc. and American Airlines
Air Cargo
FARM SUBSIDIES MAJOR OBSTACLE AT TRADE ROUND
Janet Porter |
Serious differences over how to reduce the level of agricultural support in the short term are emerg
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