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INSURANCE BRIEFS
From Wire and Staff Reports |
NJ LAWMAKERS ARGUE OVER INSURANCE REFORMTRENTON, N.J. - Sen. John Russo, president of the Ne
BALTIC FREIGHT INDEX
JOC Staff |
1215 (Aug. 17, 1988) Previous day - 1211 The Baltic International Freight Futures Exchange i
Maritime
TOLL RISING IN SOVIET TRAIN CRASH
(Ap) |
A high-speed passenger train caught fire and derailed on a trip from Leningrad to Moscow, killing 22
Rail News
PEOPLE - TRANSPORT
From Wire and Staff Reports |
DEAN WORLDWIDE (Huntington Beach, Calif.) - Ronald Kiser was named an account executive. He was mana
Rail News
CANADIAN CARRIERS ALREADY COMPETITIVE
Andrew Tausz |
Major new savings are unlikely to flow to shippers if full transportation deregulation occurs in Can
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
MOTOR CARRIER SURVEY FINDS RISING EXPENSESMotor carrier revenue for the first quarter of 198
Rail News
HOUSE TO VOTE ON RAIL DRUG, ALCOHOL TESTING
Howard S. Abramson |
The House is scheduled to vote on a bill to mandate drug and alcohol testing for railroad workers ne
Rail News
CN TRIPLES FIRST HALF PROFIT
Leo Ryan |
Canadian National tripled its profit in the first half of this year over the same period in 1987, bu
Rail News
TERRORIST THREAT CITED IN NUCLEAR SHIPMENTS
(Ap) |
Citing the potential of terrorist attack, members of Congress say they will strongly oppose any move
Maritime
ELECTRIC BOAT SEEN HOLDING THE CARDS IN 6-WEEK-OLD STRIKE BY UNION
(Ap) |
Striking submarine builders at Electric Boat could torpedo their futures if they don't acknowledge t
Maritime
CHINA SELLS FOREIGN VESSEL TO CLEAR UNSETTLED DEBTS
Noel Fletcher |
For the first time since the communist state was established in 1949, a Chinese maritime court has a
Maritime
WORLD MONEY FRONT INTERVENTION SLOWS, DOESN'T HALT DOLLAR
Knight-Ridder Financial |
The U.S. dollar pushed broadly higher Wednesday, far above the levels at which both the Federal Rese
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
UNIONS BLAMED FOR HIGH TRANS-TASMAN SHIP RATES
Vincent W. Stove |
Trade union bans on foreign ships have been blamed for high shipping freight rates between Australia
Maritime
JAMAICAN IMF LOAN ORDERS REDUCED BUDGET DEFICIT
(Reuter) |
Jamaica has reached agreement for a $114 million International Monetary Fund loan that mandates a sh
HONGKONG BANK BOOSTS FORECAST OF COLONY'S ECONOMIC GROWTH
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp., the largest in the British colony, sharply boosted its forecast o
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
STUDY SAYS MEDICARE SAVED INSURERS MONEY
Leah R. Young |
A detailed research project concludes that Medicare's shift to prospective payments to hospitals had
JUDGE ZIPS STATE FARM'S WALLET
(Ap) |
A judge issued a temporary restraining order prohibiting State Farm Mutual Automobile Insurance Co.
ODDS FAVORABLE ON PASSAGE OF SINGLE-PREMIUM LIFE BILL
(Reuter) |
Single-premium life insurance may be down, but it's not out. Laws are perking along Capitol
FINANCIAL BRIEFS
From Wire and Staff Reports |
NEW SECURITIES FIRM OPENS IN SHANGHAISHANGHAI, China - Shanghai Shenyin Securities Co., the
COST OF CREDIT
JOC Staff |
Wed., Aug. 17, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
WESTERN BANKS VIE FOR POSITION IN CHINA TRADE
Gary Aderman |
A fundamental shift in China's policy on trade finance is fueling lively competition among foreign b
NEWS OF MEETING WITH BATUS LIFTS FARMERS STOCK
(Reuter) |
Farmers Group Inc.'s stock rose sharply Wednesday over optimism that its agreement to meet with Batu
BARCLAYS SEES 5.8 PERCENT UK INFLATION RATE
Knight-Ridder Financial |
Barclays Bank PLC has forecast inflation in the United Kingdom will stand at 5.8 percent at the end
INTERNATIONAL BANKS DISCOVERING THERE'S MORE TO FLA. THAN MIAMI
David Satterfield |
In the world of international banking in Florida, Miami is home base. But the state's intern
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/17 8/16 Chan
BATUS WINS ILLINOIS NOD TO TAKE OVER FARMERS
Geoffrey Brown |
The Illinois Insurance Department Tuesday conditionally approved Batus Inc.'s acquisition of Farmers
GOOD WEATHER OFFICIAL SAYS BROKERS OVERSOLD RAIN COVERAGE POLICIES
(Ap) |
An insurance company official testified Tuesday that some brokers mailed post-dated drought insuranc
ARMSTRONG WORLD ACQUIRING OLEAN
(Ap) |
Armstrong World Industries Inc. has agreed to acquire American Olean Tile Co. for about $330 million
TRANSPORTATION SYSTEM HURTS ALASKAN MINING
John Davies |
When a company with mines all over the world began exploring the idea of developing a major mine in
WHEAT FUTURES PRICES MAY CUT EFFECTIVENESS OF SET-ASIDE PROGRAM
Michelle Mahoney |
Total U.S. wheat acreage for the 1989 crop should increase roughly 14 percentfrom a year ago
COMMODITY BRIEFS
Wire and Staff Reports |
JAPAN LISTS TENDER FOR AUSTRALIAN BEEFSYDNEY, Australia - Japan's Livestock Industry Promoti
MITSUBISHI AUSTRALIA ACQUIRES ABATTOIR
Knight-Ridder Financial |
Mitsubishi Australia Ltd. has bought, on behalf of another Japanese company, a medium-sized New Sout
EXPORT BRIEFS
From Wire and Staff Reports |
DOMINO'S PIZZA ORDERS 7 COUNTRIES - TO GODomino's Pizza Inc., the $2-billion U.S. firm that
Maritime
GATT CHIEF DUNKEL ISSUES WARNING ON TRADE IMBALANCES
(Reuter) |
Disequilibrium in the trade balances of the United States, Japan and West Germany is damaging global
Maritime
PET FOOD MAKERS ARE COOL TOWARD EXPORTS
Wellington Chu |
U.S. exports of packaged pet foods appear to be moving at a fast clip this year. According t
Maritime
S. KOREAN: US FIRMS LACK COMPETITIVE DRIVE
(Ap) |
U.S. companies are slow and lazy in their export policy compared with the more competitive Japanese,
Maritime
FRANCE, AUSTRALIA BLAST US TRADE LEGISLATION
From Wire Reports |
Criticism of the U.S. trade legislation continued abroad this week, with strong language coming from
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC OFFICIAL PRAISES TIES WITH EAST BLOCBRUSSELS, Belgium - A top official of the European Co
Transport, Trade and Regulation News
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