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HOLLYWOOD TURNS TO INSURERS FOR THE OSCARS CEREMONY
Paula L. Green |
Even the tinseled world of Hollywood has to think about insurance coverage sometimes. The pr
MAERSK SET TO ACQUIRE UNIVERSAL'S PARENT
William Armbruster |
Maersk Inc. signed an agreement to buy the parent company of Universal Maritime Service Corp., one o
NEDLLOYD TO LAUNCH S. AMERICA OPERATION
Craig Dunlap |
Nedlloyd Lines plans to launch an independent monthly service between the United States and the west
Maritime
SEA-LAND TO ESCALATE PUERTO RICO SERVICE
Gloria Joseph |
Sea-Land Service Inc. will step up its containership service between the U.S. East and Gulf coasts a
Maritime
CHINESE TO SET UP CURRENCY BROKERS
Noel Fletcher |
China will set up seven foreign exchange brokerage centers this year to encourage firms with surplus
NYK WILL ALTER PACIFIC SERVICE
William Armbruster |
Nippon Yusen Kaisha Ltd., one of Japan's leading shipping lines, will realign its West Coast service
Maritime
CAST PRESIDENT ADVISES SHIP LINES ON SURVIVAL
Tony Seideman |
Ship lines are going to have to disappear to deal with the next stage of the transportation industry
UPSIDE-DOWN SUBMARINE SECTION EMBARRASSING
(Ap) |
Embarrassed managers at a company building a nuclear-powered hunter submarine for the British navy h
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
THE MYERS GROUPS INC. (Rouses Point, N.Y.) - William R. Casey, Ronald A. Neal and Kevin C. O'Shea ha
Maritime
TRADE BILL LIMITS ON EXPORTS OF OIL RECEIVE INDUSTRY PRAISE
Journal of Commerce Staff |
Maritime interests are hailing the House and Senate trade bill conferees' agreement that a maximum o
Maritime
TALKS HELD ON WAYS TO BOOST EASTBOUND N. AMERICAN ROUTES
A.E. Cullison |
Representatives of shipping companies belonging to the Trans-Pacific Freight Conference of Japan and
Maritime
UK, JAPANESE YARDS IN TALKS
Janet Porter |
A cooperative venture between Japanese and British shipbuilders could pave the way for a much closer
Maritime
FORD SHOOTS FOR NO. 1 RANKING IN HEAVY-TRUCK SALES MARKET
Michael S. Lelyveld |
Ford Motor Co. officials say they are overjoyed with sales of the company's new AeroMax heavy truck,
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
April 8, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1584.0 (April 8, 1988) Previous day - 1588.0 The Baltic International Freight Futures Exchan
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
RYDER SYSTEM INC. (Miami) - Christopher A. Hagon has joined Ryder System as director, security. Sinc
Trucking News
TRAFFIC BRIEFS
From Wire and Staff Reports |
Teamster Presidents Endorse Freight PactRepresentatives of local Teamster unions endorsed la
Trucking News
PLAN TO REPLACE GUILFORD GETS COOL RECEPTION
TOM McNIFF Jr. |
Officials in Massachusetts Gov. Michael Dukakis' administration Friday backed off the governor's see
Rail News
FORD-NAVISTAR RUMORS RIFE AT BOSTON SHOW
Michael S. Lelyveld |
While Ford Motor Co. officials were talking up their new AeroMax model at the New England Truck Show
Trucking News
CANAL GETS THROUGH ANOTHER WEEK
Robert F. Morison |
The Panama Canal made it through another week without disruption by the surrounding political turmoi
Maritime
BC RAIL GLOOMY ABOUT PROSPECTS
Mark Wilson |
Provincially owned BC Rail is preparing to blast a 1,300-yard tunnel and sidestep a dangerous cliff
Rail News
UK BANKS SLASH BASE RATES TO LOWEST LEVEL FOR DECADE
Journal of Commerce Staff |
The cost of borrowing in Britain was cut Friday as banks lowered interest rates in response to sign
DOLLAR APPROACHING LEVEL WHERE US GOODS COMPETE
Journal of Commerce Staff |
The dollar is approaching a level that will permit more than just U.S. commodities to compete in wor
NEW YORKER TO BECOME HONG KONG'S FIRST US 'TAIPAN'
(Ap) |
In Hong Kong's cut-throat business world, the highest acknowledgment of success is to be recognized
TRADE DEFICIT CRUCIAL TO DOLLAR'S NEXT MOVE
Kevin Commins |
The February trade deficit announcement on Thursday will determine the short- term direction of the
TIGHTER RULES SOUGHT FOR SUGAR IN TRADE ZONES
Sue Kirchhoff |
U.S. Department of Agriculture officials, increasingly concerned that foreign trade zones are being
WATER OVER THE DAM = MONEY IN THE BANK FOR COUPLE
Jeff Gammage |
The water rushes over the whirling blades of the turbines, spinning them faster and faster, their so
PEOPLE - FINANCIAL
Wire and Staff Reports |
CHASE INVESTORS MANAGEMENT CORP. (New York) - J. Richard Zecher was named president of this subsidia
FINANCIAL BRIEFS
From Wire and Staff Reports |
Dollar at 10-Year Low On Atlanta Fed IndexNEW YORK - The U.S. dollar fell 2.3 percent in Mar
CONSUMER CREDIT SHOWS EXPANSION
Knight-Ridder Financial |
U.S. consumers took on $5.304 billion more in installment credit than they paid off in February, aft
CHINA URGED TO IMPROVE COMMUNICATIONS
(Ap) |
Businessmen in China are still heavily bound by tradition and regulation, and the time has come for
LACK OF LEADERSHIP ON LDC DEBT DECRIED
Richard Lawrence |
A major bankers' group deplored a lack of leadership, by both the industrial and developing nations,
BANKERS STRUGGLE IN CHINESE MART
Gene Linn |
Limits on foreign banks in China have piled up until they amount to the most punishing restriction o
COST OF CREDIT
JOC Staff |
Fri., April 8, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TATE SEES TAKEOVER BID AIDING SWEETENER ROLE
Edwin Unsworth |
Tate & Lyle PLC, the London-based sugar refiner, believes its $1.33 billion bid for Staley Continent
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, 1.77
PICKENS DENIED KN ENERGY SEAT
Journal of Commerce Staff |
KN Energy Inc. stockholders have denied corporate raider T. Boone Pickens Jr. a seat on the company'
IMPORT BRIEFS
Wire and Staff Reports |
Nissan Motor Plans Tenn. Plant ExpansionSMYRNA, Tenn. - Nissan Motor Manufacturing Corp. U.S
Maritime
BRAZILIAN AUTO EXPORTS SET MARK
James Bruce |
Brazil's auto exports hit an all-time high in the first three months of this year, thanks to record
Maritime
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