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ENERGY BRIEFS
From Wire and Staff Reports |
Detroit Ed Reports 2nd Record-Setting DayDetroit Edison Co. said that on Wednesday, for the
BRAZIL BACKTRACKS ON OIL FIND SIZE
Wire and Staff Reports |
Brazil backtracked on its claim that exploration crews had found an oil deposit as rich as the North
FUNDS SOUGHT FOR DREDGING IN BALTIMORE
Journal of Commerce Staff |
Sen. Paul Sarbanes, D-Md., says the Port of Baltimore needs $28 million to continue the deepening of
Maritime
SELLING BY THREE CENTRAL BANKS TAKES STEAM OUT OF DOLLAR'S RISE
Knight-Ridder Financial |
The U.S. dollar turned mixed Thursday after its rise was stemmed when three central banks twice inte
UK BANKS INCREASE LENDING RATES TO 8 PERCENT
Knight-Ridder Financial |
Major U.K. banks raised their base lending rates to 8 percent from 7.5 percent Thursday, two weeks a
COST OF CREDIT
JOC Staff |
Thu. June 2, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all companies and other operating organizations such as ports mentio
CANADIAN FIRMS BEAT US IN POLL ON TRADE PACT PREPAREDNESS
Cristina Lee |
U.S. companies trail their Canadian counterparts in preparing for the Canada- U.S. Free Trade Agreem
MEXICO GETS LOAN FOR PORTS
Knight-Ridder Financial |
The World Bank said Thursday it would lend Mexico US$50 million to help it modernize four of its car
LIBURDI PICKED AS 1ST WOMAN FOR TOP POST IN NY PORT
Gloria Joseph |
Lillian Liburdi has been named director of the Port Authority of New York and New Jersey; she is the
AUTOMATED FACILITIES FORECAST FOR PORTS
Journal of Commerce Staff |
A computerized black box will drive dockside container trucks soon, a consultant says. The truck wil
Maritime
FAA CONSIDERS LIMITS ON LIVES OF OLDER PLANES
Ira Breskin |
The Federal Aviation Administration may either impose curbs limiting the operating life of domestic
Air Cargo
ZAMBIA'S ECONOMY SHOWS GAINS DESPITE SCRAPPING IMF PLAN
Larry Olmstead |
Some sectors of Zambia's hard-hit economy have improved despite the government's controversial decis
Maritime
TAKESHITA DOWNPLAYS NEED FOR US TRADE PACT
Josh Goldstein |
Japanese Premier Noboru Takeshita said he prefers settling U.S.-Japanese trade disputes on a case-by
Maritime
BRITISH AEROSPACE 'WINGS' IT
John Davies |
A few miles outside ancient Roman walls that once protected townsfolk from longbow-propelled arrows
Air Cargo
ETHANOL PRODUCERS SUE 4 OIL COMPANIES
(Ap) |
Seven ethanol producers filed a $2.1 billion antitrust lawsuit in District Court on Wednesday, alleg
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FREIGHT CAR BUYING UNLIKELY TO EXPAND
Lawrence Kaufman |
Despite the apparent availability of capital to finance purchases, rail freight car buying isn't lik
Rail News
INTERMODAL GROWTH COULD TRIGGER MORE RAIL EQUIPMENT PURCHASES
Lawrence Kaufman |
RoadRailer hybrid rail-highway vehicles and trailer-on-flatcar/container-on- fla tcar intermodal are
Rail News
PLASTICS CORNER
Journal of Commerce Staff |
VIKING HIKES PRICE OF SOY PRODUCTSRAHWAY, N.J. - Viking Chemical Co. is increasing the price
FRENCH PORT OF DUNKIRK STEPS UP MARKETING EFFORT
Janet Porter |
The Port of Dunkirk, on the northwest French coast, is engaged in an aggressive marketing drive to w
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PEOPLE - FINANCIAL M.R. BEAL & CO. NAMES CHIEF
Journal of Commerce Staff |
Bernard B. Beal was named chief executive of M.R. Beal & Co., a newly formed municipal securities fi
DEFAULTING NATIONS DON'T ALWAYS SUFFER
Mark Magnier |
A conference on the debt crisis sponsored by the University of California at Berkeley afforded a dif
GLOBAL BORROWING RISES 25 PERCENT TO RECORD
Knight-Ridder Financial |
Total borrowing on international capital markets in the first quarter of 1988 was a record $118.2 bi
HONG KONG BOURSES FACE BIG CHANGES
P.T. Bangsberg |
A stinging indictment of the former management and control of Hong Kong's stock and futures markets
CUSTOMS UPDATE
Customs Update is based on reports from U.S. Customs Service |
SPECIAL INSTRUCTIONS FOR IMPORT OF MACHINE TOOLS - VOLUNTARY RESTRAINT AGREEMENTS. Effective immedia
Maritime
US COMPETITIVENESS STILL LAGS, STUDY SAYS
Richard Lawrence |
The recent U.S. export boom does not necessarily mean that the United States is becoming more intern
STEEL INDUSTRY POSTS FIRST PROFIT SINCE '81
From Wire Reports |
The U.S. steel industry's net income last year was $1 billion, the industry's first profit since 198
NEWS SUMMARY
JOC Staff |
AVIATION The Transportation Department said Texas Air Corp. and its two subsidiaries, Easter
AVIATION BRIEFS
From Wire and Staff Reports |
DHL Airways Opposes Federal PostponementREDWOOD CITY, Calif. - DHL Airways Inc. has formally
Air Cargo
FOREIGN-FLAG CASE TURNS COMPLEX
Robert F. Morison |
The rush by subsidized U.S. bulk carriers to broaden services by using foreign-flag ships has raised
Maritime
CORRECTION
JOC Staff |
The international customer service coordinator for Miller Brewing Co. is James R. Malcolm. He was in
Maritime
COURT CLEARS THE WAY FOR STRIKE AGAINST THE BURLINGTON NORTHERN
Journal of Commerce Staff |
The 8th U.S. Circuit Court of Appeals has cleared the way for the United Transportation Union to str
GATT DIRECTOR DEFENDS RECORD ON TRADE DISPUTES
Keith M. Rockwell |
The director general of the General Agreement on Tariffs and Trade says the trading group has speede
MONEY MANAGER USES OPTIONS TO ENHANCE YIELD
Kevin Commins |
Aegis Capital Management, a New York-based money management firm, is using options on Treasury bond
SOUTH KOREAN GROWTH IN EXPORTS SLOWS DOWN
(Ap) |
South Korea's exports in May rose 16 percent to $4.67 billion but appear to be slowing from the bris
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
US COMPANY GETS CHINA STEEL PACT
Journal of Commerce Staff |
Sen. Jay Rockefeller, D-W.Va., said China Steel Co., Taiwan's largest steelmaker, agreed to purchase
PLASTICS CORNER BASF TO ACQUIRE INSTA-FOAM
Journal of Commerce Staff |
BASF Corp.'s Chemicals division announced that it has signed a letter of intent to purchase the poly
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