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BALTIC FREIGHT INDEX
JOC Staff |
1513 (Feb. 23, 1989) Previous day - 1512 The Baltic International Freight Futures Market in
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
CHINA ASKS S. KOREA FOR $1 BILLION LOANSEOUL, South Korea - China has asked South Korea for
PEOPLE - FINANCIAL
From Wire and Staff Reports |
BEAR, STEARNS & CO. (New York) - Duncan Soukup was named to head this investment banking and brokera
ICC TO ALLOW TRUCK RATES TO RISE 4.8 PERCENT NEXT WEEK
Leo Abruzzese |
The Interstate Commerce Commission cleared the way for trucking rates to rise 4.8 percent next Tuesd
Trucking News
GREG JOHNSON - MANAGING TRAFFIC
Greg Johnson |
FEW SHIPPERS ARE jumping for joy over Mexico's decision to discuss its ban on U.S. truckers operatin
Trucking News
STANDARDS IN SPOTLIGHT AT CHEMICAL CONFERENCE
Tony Seideman |
The United States may end up being a national island in a globally standardized electronic data inte
COST OF CREDIT
JOC Staff |
Thu., Feb. 23, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
RAILROADS OPPOSE PROPOSAL TO SHARE PRODUCTIVITY GAINS
Howard S. Abramson |
The nation's railroads decried the Interstate Commerce Commission's proposal to force them to pass p
Rail News
ELECTRONICS BRIEFS
From Wire and Staff Reports |
IBM PROFIT MARGINS INCREASED IN 1988Profit margins on International Business Machines Corp.'
TRANS-NATIONAL INCOME RISES FROM 1987 LOSS
Journal of Commerce Staff |
Trans-National Leasing Inc. reported net income for the second quarter of $49,083, or 4 cents a shar
Trucking News
UK BROKER SUES EC FOR TIN COLLAPSE
Wire Reports |
A London broker started court action Thursday to try to prove that the European Community was liable
CORRECTION
JOC Staff |
The Interstate Commerce Commission restricted the antitrust immunity by which Trailer Train Co. owns
Trucking News
VIEWS MIXED ON PREFERENCE CARGO POLICY
WILLIAM DiBENEDETTO |
Comment on the Maritime Administration's policy allowing foreign-built vessels re-documented under t
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
ARCO, EXXON FIND OIL NORTH OF PRUDHOE BAYANCHORAGE, Alaska - Arco Alaska Inc., a division of
SPOT PRODUCT PRICES
JOC Staff |
Feb. 23, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
BRAZIL'S SIDERBRAS AWARDS CONTRACT TO ALA. PRODUCER
Tim Sansbury |
One coal producer came away disappointed and another came away with a new client as a result of the
NORWEGIAN BAIL OUT UNDER FIRE
Helen Chang |
Norway did for its ailing shipping industry in the early 1980s what the United States did for Chrysl
Maritime
SWISS IMPORTS OF CRUDE OIL FELL SLIGHTLY IN '88
Knight-Ridder Financial |
Swiss crude oil imports in 1988 totaled 3.84 million metric tons, down slightly from 3.90 million to
GREAT LAKES DREDGE, PARTNER FORM SAND AND GRAVEL VENTURE
Journal of Commerce Staff |
One of the world's largest dredging companies is teaming up with a distributor of sand and gravel in
Maritime
CHEMICAL EARNINGS
From Wire and Staff Reports |
CARBIDE RESTATES NET FOR YEAR AND QUARTERDANBURY, Conn. - Union Carbide Corp. said it was re
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
PVC Heat Stabilizers Akzo Chemicals Inc., of New Brunswick, N.J., announced price increases
WHO WILL TAKE OVER TOP SPOT AT DELAWARE RIVER PORT AUTHORITY?
Gloria Joseph |
WHO WILL TAKE OVER as president of the ports of Philadelphia? As Jim Kelly prepares to retir
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MARITIME BRIEFS
JOC Staff |
MAERSK LINE USING NEW 'SUPER CUBES'Maersk Line announced it has introduced into its service
Maritime
MEDITERRANEAN SHIPPING PAYS CIVIL PENALTY OF $50,000 TO FMC
Journal of Commerce Staff |
Mediterranean Shipping Co. SA has paid the Federal Maritime Commission a civil penalty of $50,000 to
Maritime
HVIDE SEEKS BIDS ON TANKER FROM US YARDS
Craig Dunlap |
Hvide Shipping Inc. has requested bids from 14 U.S. shipyards for work on a controversial chemical t
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1512 (Feb. 22, 1989) Previous day - 1506 The Baltic International Freight Futures Market in
Maritime
FRIGHTER SINKS IN STORM, 17 FEARED DEAD IN ATLANTIC SINKING
From Wire Reports |
A Panamanian-registered freighter sank in an Atlantic storm Wednesday and the British Air Force said
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 22, 1989 Baltic International Freight Futures Market*PrevClose High Low Vol
Maritime
COMPANIES SHARE SENSITIVE SECRETS TO BOOST BUSINESS
Torrey Byles |
An epidemic of trust is coming to the retail/apparel sector. Companies are sharing some of t
TRAFFIC BRIEFS
From Wire and Staff Reports |
TIP OPENS OFFICE IN RICHMOND, VA.BALA CYNWYD, Pa. - Transport International Pool has opened
Trucking News
FRUEHAUF LEADERSHIP STEERED A DOWNHILL COURSE
Bernie Shellum |
During the 1950s, almost half of the rigs on U.S. roads bore the Fruehauf nameplate. Detroit
Trucking News
UTU GAINS GROUND OVER ENGINEERS UNION
Howard S. Abramson |
The United Transportation Union is deeper in rail labor's doghouse these days, following two recent
Rail News
ELECTRONICS BRIEFS
From Wire and Staff Reports |
COMPUTER COMPANIES INCREASE CHIP ORDERSU.S. computer companies and other semiconductor buyer
CORRECTION
JOC Staff |
The Interstate Commerce Commission restricted the antitrust immunity by which Trailer Train Co. owns
Rail News
HOUSTON OKS PLANT LEASE PLAN
Gary Taylor |
Despite opposition from shippers and labor leaders, Houston port commissioners decided Tuesday to ad
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
TALKS FAIL ON SALE OF AMERICAN REF-FUELALLENTOWN, Pa. - Air Products & Chemicals Inc., Brown
RESIDUALS OFF TO GOOD START ON SIMEX
Knight-Ridder Financial |
An estimated 27,705 contracts were traded on the first day of the Singapore International Monetary E
GASOLINE SUPPLIES HOLD STEADY WHILE FUEL OIL STOCKS DECLINE
Journal of Commerce Staff |
Inventories of gasoline held steady while distillates declined, the American Petroleum Institute's l
ENERGY BRIEFS
From Wire and Staff Reports |
EXXON EXPANDS SALES OF MID-GRADE GASOLINEExxon Corp.'s principal domestic operating unit, Ex
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