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CORPS SAYS MISSISSIPPI WILL BE OPEN TO TRAFFIC
WILLIAM DiBENEDETTO |
The Army Corps of Engineers expects to keep navigation open on the Mississippi River without diverti
Maritime
WHOLESALE PRICES RISE
From Wire Reports |
Wholesale prices rose a moderate 0.4 percent in June after a 0.5 percent increase in May, the Labor
JOHNSON & HIGGINS TAKES PATIENT APPROACH TO BUSINESS WITH CHINA
William Armbruster |
Slow but steady is the way Johnson & Higgins officials describe the insurance brokerage firm's appro
MARYLAND BACKS AGENT IN DISPUTE WITH INSURER
David Conn |
The Maryland Insurance Division ruled last week that Nationwide Mutual Insurance Co. violated the la
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
UNION WAGE STUDY SHOWS BIGGER GAINS
Journal of Commerce Special |
American labor unions did slightly better by their members in negotiating new labor contracts during
TRAFFIC BRIEFS
From Wire and Staff Reports |
PULLMAN TO SELL ASSETS TO HELP REPAY DEBTPRINCETON, N.J. - Some Pullman Co. assets will have
Rail News
PACCAR POSTS EARNINGS OF $43.6 MILLION
JOC Staff |
Paccar Inc. earned $43.6 million, or $2.43 a share, on revenue of $752.2 million during the second q
Trucking News
PEOPLE - MARITIME
From Wire and Staff Reports |
ASSOCIATED CONTAINER TRANSPORTATION/PACE LINE (San Francisco) - Brendan R. McCahill, who has been ma
Maritime
NEW OIL PLATFORM RAISES QUESTIONS IN PERSIAN GULF
(Ap) |
Iran plans to put a new oil platform in the Persian Gulf, and the sophisticated electronics being in
Maritime
JAPANESE LABOR MINISTRY URGES BETTER WORKING, LIVING CONDITIONS
A.E. Cullison |
A report from Japan's Labor Ministry said the Takeshita administration should lead a nationwide camp
Maritime
OIL MARKET EUROPEAN PRICES STAGE LATE RALLY
Bruce Barnard |
Oil prices staged a late rally at the close of trading in Europe Friday for a gain of 60 to 70 cents
SOVIETS MAKE STEADY INROADS IN NEW MARKETS
Bruce Barnard |
The Soviet Union is steadily building up its presence in the international coal market, beefing up i
THE ECONOMY ECONOMISTS SAY US INDUSTRY RAN AT AN 83.1 PERCENT RATE IN JUNE
Knight-Ridder Financial |
The nation's industries used 83.1 percent of operating capacity in June, reflecting tighter labor ma
AVIATION BRIEFS
From Wire and Staff Reports |
FORWARDER TO EXPAND NEW FACILITY AT DULLESWASHINGTON - Hellmann International Forwarders Inc
Air Cargo
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPANESE PARTIES AGREE ON TAX REFORMTOKYO - Japan's ruling and opposition parties Friday agr
JON JACOBS' INSIDE TALK ON SHIPPING
Jon Jacobs |
SETTING THE RECORD STRAIGHT: Sea-Land Service is having a hard time dispelling rumors that the Grea
Maritime
MASS. PROBES MISSION OF MARITIME ACADEMY
TOM McNIFF Jr. |
Massachusetts' ongoing state budget problems pose a threat to the future of the Massachusetts Mariti
Maritime
PLANTS TURN POLLUTANTS INTO PROFITS
(Ap) |
Under the sunlit arch of a plastic greenhouse, an artificial swamp of cattails and elephant grass sp
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CHARLES RIVER ASSOCIATES INC. (Boston) - Michael A. Kemp was promoted to vice president, transportat
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 2 total piggyback freight hauled on the nation's major railroads equaled 116
Rail News
FREIGHT RATE FUTURES
JOC Staff |
July 15, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
GRAINS, SOYBEANS PREDICTED TO MAINTAIN BRISK SALES
Howard Simon |
U.S. export sales of grains and soybeans are expected to remain brisk for the second half of 1988, r
Maritime
THE ECONOMY INVENTORIES ROSE 0.6 PERCENT DURING MAY
Knight-Ridder Financial |
Business inventories rose 0.6 percent in May to a seasonally adjusted $728.39 billion following a 0.
CHUBB RAIN COVER POLICIES VALUED AT $10 MILLION
Journal of Commerce Staff |
The Chubb Corp. announced last week that it will issue rain insurance policies valued at $40 million
HIBERNIA PROJECT EXPECTED TO GET GO-AHEAD TODAY
Leo Ryan |
Canadian Prime Minister Brian Mulroney is expected to announce a final go- ahead today for the devel
JAPAN MAY RAISE INTEREST RATES SOON
Atsushi Yuzawa |
Japan may finally be in the process of ending its easy monetary policy of extremely low interest rat
TRADERS EXPECT USDA TO INCREASE QUOTA ON IMPORTS OF SUGAR
Knight-Ridder Financial |
The USDA is expected to raise the U.S. sugar import quota before the start of the 1989 fiscal year o
BANK OF AMERICA REALIGNS WORLD BANKING GROUP
Journal of Commerce Special |
Bank of America realigned its world banking group, creating two offshore divisions. A Europe
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
POLYSAR, LUMMUS CREST PLAN JOINT VENTURESARNIA, Ontario - Polysar Basic Petrochemicals' chem
BOOMING LOG EXPORTS TO TURKEY, FAR EAST INUNDATING GULF PORTS
Marie Prat |
New overseas demand for hardwood logs from deep in the heart of Dixie has forest product companies f
SHIP LINES ARE MIXED ON SUBSIDY CHANGE PLAN
Robert F. Morison |
Ship lines have sent different signals to the Maritime Administration on a proposed policy that woul
Maritime
OOCL ADDS HALIFAX TO WEEKLY SERVICE
Josh Goldstein |
Orient Overseas Container Line said it will alter its North Atlantic service starting July 25.<
Maritime
TRADE GAINS IN ASIA PROVE SOVIET EFFORTS ARE PAYING OFF
Journal of Commerce Staff |
Soviet efforts to improve trade relations with the rest of the world appear to be paying off in Asia
Maritime
JAPANESE TO UNDERTAKE STUDY OF CERAMIC AUTOMOBILE ENGINES
A.E. Cullison |
Three automobile manufacturers and three oil distributing companies in Japan have joined to launch a
NJ JUDGE ALLOWS GROUP TO EXPAND ITS COMPLAINT AGAINST PSE&G
(Ap) |
An administrative law judge is going to allow a trade association's complaint of unfair practices ag
SPOT PRODUCT PRICES
JOC Staff |
July 15, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
ENERGY BRIEFS
From Wire and Staff Reports |
LILCO DEAL HITS SNAG IN NY LEGISLATUREAn agreement between Long Island Lighting Co. and New
ASIA WAITS WITH BATED BREATH FOR 'THE NUMBER'
P.T. Bangsberg |
All over Asia this morning, businessmen and women are emerging from buses,trains, taxis and
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