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MARITIME BRIEFS
From Wire and Staff Reports |
KUWAIT CONSIDERING DE-FLAGGING TANKERSA Kuwaiti cabinet minister indicated Tuesday that his
Maritime
US SYSTEM: QUAGMIRE OF CONFUSION
Rose A. Horowitz |
When the Thoroughbred Topper sailed into Port Sudan in May 1985, the U.S. vessel's operators learned
BALTIC FREIGHT INDEX
JOC Staff |
1487 (Dec. 6, 1988) Previous day - 1488 The Baltic International Freight Futures Exchange in
Maritime
CMX OPENS NEW TERMINALS
Journal of Commerce Staff |
CMX Trucking Inc. is opening terminals in Washington and California that willserve the ports
Trucking News
SPECIAL REPORT: FOOD FOR PEACE? FOOD FOR PROFIT?
JOC Staff |
Do U.S. Food for Peace transportation systems result in famine relief for the many? Or excess profit
BUNDESBANK CHIEF PREDICTS STRONG GROWTH FOR WORLD
Knight-Ridder Financial |
World economic growth is likely to continue as long as the incoming U.S. administration can gain the
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INSURANCE BRIEFS
Wire and Staff Reports |
NORTHWESTERN NATIONAL TO DEMUTUALIZENorthwestern National Life Insurance Co. shareholders an
CHINA PLANS TO TIGHTEN EXPORT LICENSE RULES
P.T. Bangsberg |
Tighter regulations on export licenses from China will be introduced next year to combat smuggling,
Maritime
PEOPLE - ENERGY
From Wire and Staff Reports |
NEW ENGLAND ELECTRIC NAMES ROWE PRESIDENT, CHIEF EXECUTIVENew England Electric System, Westb
NEWS SUMMARY
JOC Staff |
* Richard Holbrooke - Two Similar Paths to Reform 12A * H. Erich Heinemann - Antitrust Laxit
OUTLOOK PESSIMISTIC FOR AGRICULTURE PACT
(Ap) |
This week's talks by members of the General Agreement on Tariffs in Montreal are unlikely to result
TWA'S ST. LOUIS HUB HANDLES UNUSUAL CARGO
TOM McNIFF Jr. |
W. Larry Costley avidly follows comic book heroes. Not so much their adventures, but their distribut
Air Cargo
COCOA GROUP URGES LESS EXPORT RELIANCE
Knight-Ridder Financial |
The 12-member countries of the Cocoa Producers' Alliance have been advised to set up cocoa-based ind
PORT EVERGLADES EXPECTS EXPORT RISE
Craig Dunlap |
Port Everglades Authority officials are expecting a new distribution operation at the port's foreign
Maritime
JAPANESE GINGER VENTURE MAY PROVE TO BE A SNAP
Mark D. Berniker |
The proliferation of Japanese restaurants in the New York metropolitan area is fueling demand for a
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
AIR CARGO VOLUME CONTINUES TO SOARAir cargo volume continued to climb at an overall rate of
Air Cargo
AGENCY REJECTS REVISED LABOR DEAL FOR MD. RAILYARD
WILLIAM DiBENEDETTO |
The Maryland Port Commission rejected a revised labor package for the Port of Baltimore's new contai
Maritime
WOMEN, MINORITIES WILL HELP ALLEVIATE TRUCK DRIVER SHORTAGE
PATRICIA McCORMICK |
Routes, schedules and even cab interiors will have to be redesigned to accommodate the massive influ
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
Dec. 6, 1988 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
US-ARAB TRADE EXPECTED TO RISE
Journal of Commerce Staff |
U.S. two-way trade with Arab nations is expected to rise for the second year in a row, to $28 billio
BUSH ADVISER DELIVERS AN UPBEAT FORECAST
John Boyd |
The top economic adviser to President-elect Bush said the economy can continue growing at about a 3
CHINESE CITY TRASHES JOB-FOR-LIFE SYSTEM
JOC Staff |
Efforts to smash China's once-sacrosanct iron-rice bowl system of lifetime employment are taking off
ALASKA SEEKS PLEDGE FROM JAPAN ON GAS
A.E. Cullison |
Former Alaska Gov. Walter J. Hickel Tuesday asked Japanese officials for a promise to purchase at le
US TACTICS STALL TRADE REVIEW NEGOTIATIONS
Keith M. Rockwell |
Trade negotiations stalled here Tuesday as U.S. officials sought to link their approval in certain s
EDI EXCHANGE
Tony Seideman |
LONDON - BEWARE 1992, UNITED STATES electronic data interchange users. Europe's plans for li
JAPAN URGED TO BOOST USE OF YEN IN TRADE
Knight-Ridder Financial |
Japan should increase its yen-denominated trade to take on a heavier burden in adjusting world trade
NADER LINKS TORT REFORM TO CALIF. INSURANCE REVOLT
Leah R. Young |
Consumer advocate Ralph Nader revealed that the motives behind California's insurance revolt include
FINANCIAL BRIEFS
Wire and Staff Reports |
KEY FINANCE OFFICIALS TO MEET IN PARISPARIS - Key financial officials of the major industria
OVERPRODUCTION CITED IN COCOA MARKET DROP
Howard Simon |
Cocoa producers haven't turned back the tide of lower prices despite recentrallies because t
ENERGY BRIEFS
From Wire and Staff Reports |
DOE AWARDS CONTRACT TO STONE & WEBSTERThe U.S. Department of Energy awarded Stone & Webster
INTERNATIONAL BRIEFS
Wire and Staff Reports |
COMPETITION VIOLATIONS COST BRITISH COMPANYBRUSSELS, Belgium - The EC Commission announced T
Maritime
CORRECTION
JOC Staff |
The president and chief executive of The Flying Tiger Line Inc. is James A Cronin. His first name wa
Air Cargo
EDI USERS LOOK FOR RX FOR SECURITY WEAKNESSES
PATRICIA McCORMICK |
After last month's virus outbreaks, computer network users checked the cupboard to see what kind of
TRAFALGAR HOUSE QUERIES VALUE OF CONSORTIA
Janet Porter |
Trafalgar House PLC, parent company of the U.K. shipping line Cunard Ellerman, is considering droppi
Maritime
ROBERT MOSBACHER IS TAPPED AS BUSH COMMERCE SECRETARY
Wire and Staff Report |
Texas oilman Robert Mosbacher was named secretary of commerce, and Carla Hills was designated as U.S
COST OF CREDIT
JOC Staff |
Tues., Dec. 6, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PUBLISHER'S NOTEBOOK
Don C. Becker |
You know you are getting old when a member of the president's cabinet calls you sir. Well, J
PLASTICS CORNER
Journal of Commerce Staff |
MCWHORTER HIKES COATING RESINSCARPENTERSVILLE, Ill. - McWhorter Inc. announced a general but
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