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JAPANESE WILL LAUNCH SUPERCONDUCTIVE SHIP
A.E. Cullison |
An effort to design the world's first seagoing vessel driven by superconductivi ty has begun in Japa
EC PUSHED TO REMOVE AIRLINE MERGER OBSTACLES
(Ap) |
Western European aviation experts called on the Common Market leadership last week to remove current
Air Cargo
EPA SUES CHRYSLER, OTHERS FOR $4 MILLION IN SITE CLEANUP COSTS
(Ap) |
The U.S. Environmental Protection Agency filed lawsuits late last week against Chrysler Corp. and 11
TRAFFIC BRIEFS
From Wire and Staff Reports |
CONSULTANT TO AUDIT NJ AGENCY OPERATIONSWOODBRIDGE, N.J. - The New Jersey Highway Authority
Trucking News
FREIGHTLINER CHAIRMAN CALLS DROP IN HEAVY TRUCK SALES TEMPORARY
Michael S. Lelyveld |
The sudden drop in heavy truck sales for Freightliner Corp. last month is no sign that demand is coo
Trucking News
SEATTLE WANTS SHIPPING BACK ON WATERFRONT
John Davies |
A $60 million plan to rebuild Seattle's central waterfront should stress working maritime uses, comm
Maritime
TAIWANESE DASH US BREWERS' HOPES
David Y.M. Seto |
When Taiwan opened its doors to foreign beer manufacturers on Jan. 20, 1987, so much beer poured int
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
STATES LOSE OUT TO FERC ON POWER COST ALLOCATION
Leah R. Young |
The Supreme Court settled the battle between the Federal Energy RegulatoryCommission and sta
AGENT BECOMES CLEARINGHOUSE FOR ELECTRONIC INFORMATION
Torrey Byles |
As information in the shipping industry migrates away from paper documents and becomes encoded elect
CONGRESSMEN IRATE AS OUTAGES PLAGUE NEW AT&T PHONE SYSTEM
(Ap) |
Frustrated House members are calling a new $16 million telephone system a failure after its third ou
DRUG-BATTLING SHIP PANEL TO HOLD FIRST MEETING
Craig Dunlap |
The 11 charter members of a new committee formed to battle the flow of illegal drugs aboard their ve
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
PHILIPPINES MAY SEEK EASIER TERMS ON DEBTMANILA, Philippines - Finance Secretary Vicente Jay
INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/24 6/23 Chan
NEWS SUMMARY
JOC Staff |
* Stanford Erickson - Conversations 6A * Luis Rubio - Mexico Looks to Pacific Basin 6A* Dave
EC REOPENS PROBE OF EAST BLOC SALES
(Ap) |
The European Community announced last week that it was reopening an anti- dumping inquiry into impor
NAVY SCHEDULES FRIGATE RETIREMENTS
(Ap) |
The Navy has set up a schedule for retiring 16 aging frigates in a budget- cutting move that prompte
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
QUICK, POWERFUL COMPUTER PROVES GOOD THINGS COME IN SMALL PACKAGES
(Ap) |
Smaller is better in the case of what researchers are calling the world's fastest and most powerful
EPA PROPOSAL REQUIRES 10 STATES TO PLAN FOR ALDICARB REGULATION
(Ap) |
Under a new proposal, 10 states in the upper Midwest, Northeast and Southeast are going to have to t
CYPRUS BUILDING MARITIME NAME FOR ITSELF
(Ap) |
Cyprus, which has the world's seventh-largest shipping fleet, is quickly building a reputation as an
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CHINESE PORT OPENS MORE DOCKS FOR TRADESHANGHAI, China - The Port of Shanghai has opened 14
Maritime
BEVERAGE RETAILERS GETS VT. LICENSE
Journal of Commerce Staff |
Beverage Retailers Insurance Co. has been licensed in Vermont to offer liquor liability coverage wit
DEBT PACT WITH BANKS RETURNS BRAZIL TO FOLD
(Reuter) |
U.S. bankers and Brazilian officials are breathing easier now that the two sides, after months of ar
PRICE INDEX DECLINES AS METAL PRICES DROP
Anita Schrodt |
The Journal of Commerce Industrial Price Index dropped to 101.1 Friday, downfrom 101.5 Thurs
RAILS REJECT COMPROMISE ON STAGGERS ACT CHANGES
Howard S. Abramson |
The railroad industry has rejected an attempt to craft compromise legislation to revise the Staggers
CURRENCY GAINS COULD OFFSET CANADIAN COAL EXPORT GROWTH
(Reuter) |
Surging Japanese steel production and strikes at Australian mines will boost Canada's exports of coa
FRANCE'S MULTIBASE ENTERS NORTH AMERICAN MARKET
Journal of Commerce Staff |
Multibase SA, based near Grenoble, France, acquired 100 percent of the assets of Akron-based E. Helm
ITALY SAYS IT WILL REMOVE WASTE DUMPED IN NIGERIA
(Reuter) |
Italy has decided to try to remove nearly 4,000 tons of toxic waste dumped in Nigeria, Italian state
JAPAN'S IDEMITSU BOOSTS AUSSIE COAL STAKE
Vincent W. Stove |
A major Japanese oil company has increased its investment in the Australian coal industry. I
NJ TRUCKING EXECUTIVE INDICTED
JOC Staff |
A New Jersey trucking executive was indicted on charges of fraudulently obtaining over $12 million i
Trucking News
AVIATION BRIEFS
From Wire and Staff Reports |
AGENCY PROPOSES SHUTTING AIR OPERATORThe Federal Aviation Administration took the first step
Air Cargo
JAPANESE BEEF PACTS SPUR BATTLE FOR MARKET
From Wire Reports |
Japan agreed on Friday to phase out restrictions on beef imports, opening up a tougher fight for its
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
PAYMENTS SURPLUS IN S. KOREA MAY FALLSEOUL, South Korea - South Korea's 1988 balance of paym
Maritime
PEOPLE - CHEMICALS
From Wire and Staff Reports |
BFGOODRICH CO. (Akron, Ohio) - David C. Bonner was elected vice president, research and development.
COST OF CREDIT
JOC Staff |
Fri. June 24, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
HIGH INTEREST RATES LIFT CANADIAN DOLLAR
Journal of Commerce Staff |
The Canadian dollar has been one of the few currencies to appreciate against the U.S. dollar during
D&H LINE OPERATOR MAY LOSE A SUPPORTER
Journal of Commerce Staff |
CSX Rail Transport has threatened to withdraw its support from the New York, Susquehanna & Western R
EUROPEAN SPOT MART COULD TURN BEARISH
Bruce Barnard |
European oil prices recovered slightly last week but the market is bracing for a possible rout as co
ACID RAIN LEGISLATION UNLIKELY, HERRINGTON SAYS
Journal of Commerce Staff |
Congress will not enact acid rain control legislation before adjourning this year, Energy Secretary
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