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RED TAPE IN THE PHILIPPINES THREATENS 'MINI-MARSHALL' PLAN
Knight-Ridder Financial |
The multibillion-dollar aid package for the Philippines that U.S. officials have started to discuss
DU PONT OFFERS FMC AN ALTERNATIVE PLAN FOR SERVICE CONTRACTS
Robert F. Morison |
Only E.I. du Pont de Nemours & Co. so far has offered the Federal MaritimeCommission any mid
Maritime
MONTREAL HANDLES 5 MILLIONTH CONTAINER
Leo Ryan |
Montreal, Canada's leading general cargo port, reached another milestone by handling its five millio
Maritime
PROMOTIONAL UNIT FORMED AT BALTIMORE
Journal of Commerce Staff |
A new promotional group at the Port of Baltimore includes representatives of labor, management, and
Maritime
BRAZIL'S SOYBEAN CRUSHERS ACT TO CUT THEIR LOSSES
Bob Bellottie |
In an attempt to cut financial losses, much of Brazil's crushing industry is slowing operations, in
SHIP GROUP MONITORS FATE OF OIL PROVISION
WILLIAM DiBENEDETTO |
Maritime interests are not resting easy even though last-minute attempts to strip a controversial Al
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all companies and other operating organizations such as ports mentio
POLICIES MAY CRIMP ECUADOR'S EXPORTS
Josh Goldstein |
Ecuador's newly elected president is expected to strictly control foreign exchange rates, a move eco
Maritime
HEWLETT-PACKARD MAKE-OVER A RESOUNDING SUCCESS
John Schneidawind |
In 1983 Dick Love visited a Hewlett-Packard Co. joint venture near Tokyo and was astounded by what h
Maritime
US INSURERS SEEK TO OPEN DOORS IN ASIA LIFE INSURERS BULLISH ON TAIWAN, PATIENT ON KOREA
Leah R. Young |
A Commerce Department official reported Wednesday that he is optimistic that Taiwan will make good o
NEW FIRM WILL REINSURE FINANCIAL GUARANTEE COVER
Journal of Commerce Special |
Enhance Financial Services Inc. Wednesday announced the planned formation of Securities Guaranty Rei
AGENCY EXAMINES SHIP REPAIR BIDDING
WILLIAM DiBENEDETTO |
A congressional investigating agency said inherent differences prevent government-run and privately
Maritime
TWRA TO HIKE MORE RATES
Mark Magnier |
The TransPacific Westbound Rate Agreement said it will raise its freight-all- ki nds rates effective
Maritime
HOLLAND AMERICA LINE TO DOUBLE THE SIZE OF ALASKA CRUISE FLEET
John Davies |
Terry Underwood, the marketing chief for half of Alaska's cruise business, speaks with confidence wh
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 11, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
REFINERY REPAIRS TO CUT BRAZIL'S GASOLINE EXPORTS
Journal of Commerce Special |
Brazilian state oil company Petrobras said it will reduce its exports of gasoline to the United Stat
CHEMICAL MARKETS
Journal of Commerce Staff |
Occidental Hikes Caustic Soda PriceOccidental Chemical Corp. announced a $30-a-ton increase
WILMINGTON TRADE ZONE EXPANDED
Journal of Commerce Staff |
The entire terminal complex at the Port of Wilmington, N.C., has been designated a foreign trade zon
Maritime
COST OF CREDIT
JOC Staff |
Wed., May 11, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
UK BIG BACKER OF IMF PROGRAM
(Ap) |
The British government on Wednesday formally agreed to contribute to a new lending facility of the I
HIGHER PRICES PROMPT BATTERY MAKER'S PLANS FOR CADMIUM SURCHARGE
Howard Simon |
Higher base metal prices are putting pressure on at least one industrial user of nickel and cadmium
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.16
AGRICULTURAL TRADE LEADS
Supplied by U.S. Department of Agriculture |
Cotton and products Quantity: 1,500 mt. Quality: 1'1/8 to 1'3/32 - micronaire 3.8 to 4.2 - I
FMC CORP. WINS SOVIET CONTRACT
Journal of Commerce Staff |
FMC Corp.'s Food Machinery Group said it signed a contract with the Soviet Union to provide machiner
ECONOMIST SAYS US MUST REVISE POLICY TO AVOID WORLD RECESSION
Richard Lawrence |
Central banks of the major industrial nations may spend as much as $100 billion in foreign exchange
SYSTEM SPEEDS RATING, ROUTING OF COMMODITIES
Kevin Commins |
Users of large computer system will be able to more quickly and easily calculate international rates
COMPUTERS PROVE TO BE BOON, NOT BANE FOR CUSTOMS BROKERS
Douglas C. Harper |
Customs brokers saw signs of oncoming doom when the U.S. Customs Service began pushing for full-scal
SHARON TO BUY COKE OVENS FROM WHEELING-PITTSBURGH
Tim Sansbury |
Sharon Steel Corp. will take over Wheeling-Pittsburgh Steel Corp.'s idle Monnessen steelworks in an
INJUNCTION BID WEIGHED ON ICELAND MSC CARGO
WILLIAM DiBENEDETTO |
Harold H. Greene, a federal judge for the District of Columbia Circuit, says the Military Sealift Co
Maritime
PEOPLE - AVIATION LYDEN NAMES HAWAII MANAGER
Wire and Staff Reports |
Lyden Air Freight appointed Terry Poland terminal manager in Honolulu. He will oversee all Lyden ope
Air Cargo
FUEL OIL, GASOLINE STOCKS DOWN
Journal of Commerce Staff |
Supplies of distillate oil and gasoline declined moderately last week, according to the American Pet
AUSTRALIA SEES CHANCE TO SELL COAL TO GERMANS
Andrea Chancellor |
Broken Hill Proprietary Co., the Australian natural resources group, said it sees a chance to become
PLASTICS CORNER DEMAND RISING FOR THERMOSETS
Journal of Commerce Staff |
Thermoset resins demand in the United States is projected to increase 3.4 percent yearly to 11.4 bil
BAYER POSTS 11 PERCENT INCREASE IN 1ST QUARTER PRETAX PROFIT
Erich E. Toll |
Bayer AG, the West German chemicals group, said pretax group profit rose 11.2 percent to 795 million
LIQUOR SHIPPING BILLS SLASHED
Rose A. Horowitz |
Consumers probably won't see immediate results, but the makers of Dom Perignon champagne and other w
EXPORT BRIEFS
Wire and Staff Reports |
Yugoslavs to Liberalize Imports, Revise TaxesBELGRADE, Yugoslavia - Premier Branko Mikulic s
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
Yugoslavia Says Banks Fail to Supply SupportBELGRADE, Yugoslavia - The communist government
BIG BANKS LEAD MOVE TO HIGHER PRIME RATE
Gordon Platt |
Major U.S. banks led by Chase Manhattan Bank raised their prime lending rate a half percentage point
LABOR URGES INCLUSION OF PLANT CLOSINGS NOTICE
Journal of Commerce Staff |
To the workers surrounding Democratic congressional leaders at Wednesday's combination rally and new
NEWS SUMMARY
JOC Staff |
AIR CARGO Competitors don't seem to be following CF Airfreight's move to selectively increas
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