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SOUTHERN PACIFIC PLANS TO REDUCE CAPITAL SPENDING
Josh Goldstein |
Southern Pacific Transportation Co. said it plans to spend $361 million on capital improvements in 1
Rail News
COORDINATED INTERVENTION PUSHES DOLLAR DOWN
Knight-Ridder Financial |
The U.S. dollar declined Wednesday after early, coordinated intervention by central banks of the Gro
PEOPLE - FINANCIAL
Wire and Staff Reports |
BEAR, STEARNS & CO. (New York) - Bill Gunter was named a consultant. He was treasurer and in
COST OF CREDIT
JOC Staff |
Wed., Jan. 11, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BALTIC FREIGHT INDEX
JOC Staff |
1620 (Jan. 11, 1989) Previous day - 1604 The Baltic International Freight Futures Exchange i
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
ROYAL NEDLLOYD GROUP NV (Rotterdam, Netherlands) - A. Van Langeveld was named managing director of N
Maritime
LLOYD'S OPTS TO RETAIN UNLIMITED LIABILITY RULE
Edwin Unsworth |
The security of Lloyd's of London policies has remained intact after the insurance market decided We
RAPESEED BLAMED FOR EC DEER KILLS
Knight-Ridder Financial |
European Community rapeseed farmers could be forced to cut their plantings of the double-zero variet
TAIWAN BANS SMOKING, DRINKING FOR TEEN-AGERS
(Ap) |
The legislature has passed a law that will prohibit teen-agers from drinking alcoholic beverages and
Maritime
CALIFORNIA BANKS GET GREEN LIGHT TO SELL INSURANCE
(Ap) |
Two state agencies have cleared the way for banks to sell insurance for the first time in California
MISSISSIPPI LOCK WORK MAY BE DONE BY MARCH
Anita Schrodt |
Lock repair work that has closed the Upper Mississippi River to barge traffic above Hannibal, Mo., s
S. AFRICAN COMPANIES FACE BARRIERS TO THEIR OVERSEAS EXPANSION DRIVE
(Ap) |
South African companies are expanding abroad as disinvestment, sanctions and the threat of future tu
Maritime
IMPORTERS HIT PANEL'S COMPOSITION
William Armbruster |
Importers of textiles and apparel are angry over the composition of a new advisory committee to the
Maritime
CENTAUR EXTENDS BID FOR PENNWALT
(Ap) |
Centaur Partners said its $765 million cash offer for chemical manufacturer Pennwalt Corp., schedule
CETUS, LA ROCHE SIGN PACT TO DEVELOP DIAGNOSTIC TESTS
(Ap) |
Cetus Corp., which recently settled a question over patent rights with Hoffmann-La Roche, has reache
IBM TO BUY 25 PERCENT OF FIBER OPTICS FIRM
(Ap) |
International Business Machines Corp. will buy 25 percent of a fiber-optics company owned by Corning
AMERICAN PRESIDENT COS. SAYS TRACKING SYSTEM WORKS WELL
Torrey Byles |
American President Cos. wants to help the transportation world find itself. The company is s
W. COAST UNION GETS VOICE IN LA PORT LEASING DISPUTE
Journal of Commerce Staff |
The International Longshoremen's and Warehousemen's Union will be allowed to participate in a case b
Maritime
ECONOMIC DATA ABROAD
From Wire Reports |
JAPAN TRADE SURPLUS WITH US MAY DROP 9 PERCENTJapan may rest a bit easier after next Tuesday
PRINCE GARDNER'S IMPORTS PAY OFF
Jeff Reisner |
It may take 10 months and 24,000 miles for a Prince Gardner leather wallet to reach a U.S. departmen
DUKAKIS LAUNCHES EXPORT INITIATIVE IN MASSACHUSETTS
TOM McNIFF Jr. |
Gov. Michael Dukakis launched a new program Wednesday designed to double Massachusetts' exports with
Maritime
ENTERPRISE ZONES IN ILLINOIS GREW TO 68 LAST YEAR
Anita Schrodt |
Illinois' enterprise zone program, authorized by the General Assembly's Enterprise Zone Act of 1982,
WORLD TODAY
Wire and Staff Reports |
HUNGARY WILL ALLOW INDEPENDENT PARTIESBUDAPEST, Hungary - Hungary paved the way for politica
CHEMICAL WEAPON PROBE NETS FREIGHT FORWARDER
Erich E. Toll |
A Belgian citizen in the transportation business was arrested Wednesday on charges of falsifying doc
COURT SHIELDS UTILITY USERS FROM NUCLEAR OUTLAY RISKS
Leah R. Young |
States may protect consumers from paying the price for nuclear power plants under construction that
LIKELY BUYERS OF SCNZ HAVE DIFFERING GOALS
Journal of Commerce Staff |
The prospective bidders for the Shipping Corp. of New Zealand have varying interests in seeking to
WASH. PORTS SET TONNAGE RECORDS
John Davies |
Heavy exports of logs, lumber, grain and aluminum last year sent cargo volume in tons to all-time hi
Maritime
GASOLINE SHORTAGE FEARED AFTER ARRESTS IN MEXICO
(Reuter) |
Long lines built up at gasoline stations and soldiers guarded state-owned oil facilities against pos
HEWLETT-PACKARD OFFERS 3 PERSONAL COMPUTERS
Ron Wolf |
Hewlett-Packard Co. has introduced three personal computers, two desktop models and a laptop.
BURNLEY PROPOSES DOT REORGANIZATION
Dave Higdon |
Outgoing Transportation Secretary Jim Burnley fulfilled industry expectations Wednesday with an outl
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINANCIAL BRIEFS
Wire and Staff Reports |
NO DECISION REACHED ON NEXT G-7 MEETINGWASHINGTON - Treasury Secretary Nicholas Brady and Br
CONGRESSMEN VISIT BRAZIL TO DISCUSS DEBT, ECOLOGY
(Reuter) |
A delegation of U.S. congressmen will hold talks here Friday with Brazilian officials on the issues
CHUNG WAH BUILDING BOXPORT IN CHINA
P.T. Bangsberg |
A local company is building a container-handling area in the nearby Chinese special economic zone of
Maritime
BULGARIA TAKES A PROTECTIVE STANCE IN MOVE TOWARD FREE ENTERPRISE
(Ap) |
SOFIA, Bulgaria - Communist Bulgaria is moving toward free enterprise by allowing the formation of
Maritime
BUSH FACES CHALLENGES ON TRADE POLICY FRONT
Josh Goldstein |
The incoming Bush administration will have a tough job running U.S. trade policy, according to forme
Maritime
A 'MODEST' UPTREND ANTICIPATED IN INFLATION
John Boyd |
In remarks that suggest the economy may be able to grow faster than often believed without straining
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
TRADING WITH SRI LANKA ETHNIC UNREST TAKES ITS TOLL IN SLOWER DOMESTIC GROWTH
Mara Tegwen Hotung |
Four years of ethnic unrest have taken a toll on Sri Lanka's economy, but the worst may be over.
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
ONTARIO WOOD MOLDER TO OPEN PLANT IN USYAKIMA, Wash. - Alexandria Moulding Co. of Ontario, a
Maritime
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