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PEOPLE - MARITIME LYKES BROS. REORGANIZES FINANCE UNIT
From Wire and Staff Reports |
Lykes Bros. Steamship Co., a U.S.-flag shipping line, has reorganized its finance division and has n
Maritime
DISSIDENTS FAIL TO OUST SEAMEN'S UNION LEADERS
Chris Dupin |
Dissident members of the International Organization of Masters, Mates & Pilots have narrowly failed
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
W. LEYRER KILLED IN PAN AM CRASHWilliam Leyrer, a vice president with freight forwarder Univ
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
The freight futures market opened 1989 with a strong upward burst last week, after ending 1988 on a
Maritime
CORRECTION
JOC Staff |
An article that appeared in The Journal of Commerce Jan. 5 on Page 1B under the headline, Oakland OK
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 6, 1989 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
ANOTHER STORM BREWS OVER PREFERENCE CARGO
Robert F. Morison |
Non-subsidized bulk carriers and even one subsidized liner company are dead set against a Maritime A
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1578 (Jan. 6, 1989) Previous day - 1555 The Baltic International Freight Futures Exchange in
Maritime
LARRY KAUFMAN'S - INSIDE TALK - ON TRANSPORTATION
Larry Kaufman |
RAILROAD INDUSTRY HOPES for any congressional action on changes in Federal Employees Liability Act l
Trucking News
TRUCK ANALYST FORECASTS DECLINE IN FREIGHT RATES
Leo Abruzzese |
An apparent reduction in trucking industry tonnage growth could create new pricing pressures that wi
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
JOHN LAWE, PRESIDENT OF UNION, DIES AT 69John Lawe, the one-time bus cleaner who became pres
Rail News
DOUBLE-STACK SERVICE SET TO ROLL IN MASS.
TOM McNIFF Jr. |
Competition for intermodal rail shipments in Massachusetts appears to be heating up with word that I
Rail News
MATLACK SYSTEMS INC. TURNED A PROFIT IN 1988
JOC Staff |
Matlack Systems Inc. reported income of $1.4 million, or 26 cents a share, on revenue of $230.2 mill
Trucking News
UNDERWATER CHECKS REVEAL NO HAZARDS IN NYC SPANS
(Ap) |
A year of underwater inspections found 19 of 27 city-owned bridges will need minor repairs but none
Trucking News
PHILA. WORKS TO KEEP ITS SHARE OF FRUIT TRADE
Gloria Joseph |
The Philadelphia Port Corp. is taking seriously the competition posed by southern portsinterested in
Maritime
HIGH-FLYING AUSTRALIAN DOLLAR HARMING COUNTRY'S EXPORTERS
Vincent W. Stove |
Five years after the Australian currency was floated, its current altitude is damaging the country's
JACKSONVILLE COMPANY LANDS MSC CONTRACT
Journal of Commerce Staff |
The Navy's Military Sealift Command awarded a $4.5 million five-year contract to Leadermar Inc., Jac
Maritime
KOREAN LINES BACK IN BLACK
Hannah Moore |
Although South Korea's shipping industry recorded an overall profit in 1988 for the first time in se
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CHASE UNIT TO SLASH UK STOCK TRADING
(Reuter) |
Chase Manhattan Equities, a subsidiary of U.S.-based financial services giant Chase Manhattan Corp.
10 JAPANESE BANKS TO LEND $5 BILLION FOR NABISCO BUY-OUT
A.E. Cullison |
Ten major Japanese banking institutions were reported at the weekend to havetentatively agre
SOME TRADERS QUESTION STRENGTH OF US DOLLAR
Kevin Commins |
Currency traders and economists are uncertain whether the recent rally in the U.S. dollar will conti
FINANCIAL BRIEFS
Wire and Staff Reports |
MARYLAND SIGNS PACT WITH US EX-IM BANKBALTIMORE - The Maryland Department of Economic and Em
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Fri., Jan. 6, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
BANKS BOOST SOVIET LOANS, CUT LENDING IN THIRD WORLD
(Ap) |
Western commercial banks expanded lending to the Soviet bloc and further reduced their exposure in t
BRITISH SUGAR TRADER CUTS DEFICIT FORECAST
Knight-Ridder Financial |
British sugar trader E.D. & F. Man Ltd. revised its forecast for the 1988-89 (September-August) worl
IVORIAN COCOA DEAL COULD HURT PRODUCERS
Knight-Ridder Financial |
The deal between the Ivory Coast and French trade house Sucres et Denrees SA (SucDen) for the dispos
COMMODITY BRIEFS
Wire and Staff Reports |
SOVIET WHEAT SALES REACH 760,000 TONSWASHINGTON - The Soviet Union's recent purchase of 300,
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year1/6 1/5 Chan
COTTON, SCRAP STEEL PUSH INDEX HIGHER
Howard Simon |
The Journal of Commerce Industrial Price Index of 18 inflation-sensitive industrial commodities on F
EC FOOD MOUNTAIN MOVER INHERITS MEAT FIGHT
(Reuter) |
Frans Andriessen, credited with eroding the European Community's gigantic food mountains during his
Maritime
SAUDI ARABIA WILL BUY BRADLEY ARMORED VEHICLES
(Ap) |
Saudi Arabia has agreed to a $550 million contract to buy American-made Bradley Fighting Vehicles, a
Maritime
UNDERGROUND ECONOMY COSTS MEXICO MILLIONS
(Ap) |
The government lost an estimated $200 million in income and sales taxes last year as a result of the
Maritime
US, EC MAY EASE FARM TRADE STAND
Janet Porter |
Conciliatory noises are starting to emerge on both sides of the Atlantic over the thorny question of
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
US, CHINESE ANNOUNCE SOFTWARE JOINT VENTUREChinese software developers will write programs f
Maritime
FOREST INDUSTRY, PORTS TEAM UP IN MARYLAND
WILLIAM DiBENEDETTO |
Casting about for ways to increase exports sometimes amounts merely to looking in one's own backyard
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Europe 1992. Jan. 13. Washington, D.C. Sponsored by the U.S. Department of Co
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
TOYS 'R' US INC. (Paramus, N.J.) - Michael Goldstein and Robert C. Nakasone were named vice chairmen
Maritime
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