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MARITIME BRIEFS
From Wire and Staff Reports |
Justice Won't Prevent Sea-Land Ship DealThe Justice Department has decided to take no action
Maritime
MASSPORT TIES CARGO GROWTH TO REDUCED LABOR COSTS
Michael S. Lelyveld |
The good news, according to maritime director Anne D. Aylward of the Massachusetts Port Authority, i
Maritime
SLAUGHTER INDICATES MOUNTING USE OF CHEMICAL WEAPONS IN GULF WAR
(Ap) |
The recent slaughter of Kurdish civilians in Iraq has brought warnings of retaliation in the Iran-Ir
ENGLISH CHINA TO PURCHASE CYPRUS CARBONATE FACILITIES
Journal of Commerce Staff |
Cyprus Minerals Co. has signed a letter of intent to sell its calcium carbonate facilities in Alabam
JUSTICE OPPOSES CONTRACT LIMITS
Robert F. Morison |
Shippers and the Justice Department lead the opposition to letting ocean carrier conferences limit m
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
Duramed Intends To Purchase InvamedDuramed Pharmaceuticals Inc., Cincinnati and Invamed Inc.
CORRECTION
JOC Staff |
The aircraft carrier USS America was incorrectly termed a nuclear-powered ship in a news story about
Maritime
COMMISSION REJECTS POSTAL DISCOUNT PLAN
Ira Breskin |
The U.S. Postal Service effort to make its domestic overnight Express Mail service more competitive
Air Cargo
AMTRANS ADDS CALL AT PORT EVERGLADES
Gloria Joseph |
American Transport Lines will begin making direct calls at the Port of Port Everglades, Fla., on eve
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
FREIGHT RATE FUTURES
JOC Staff |
March 28, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
STEAMSHIP GROUP FIGHTS BACK IN LA.
Marie Prat |
The New Orleans Steamship Association, which took a battering last year in the Louisiana Legislature
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1641.5 (March 28, 1988) Previous day - 1645.0 The Baltic International Freight Futures Excha
Maritime
TASK FORCE CITES NEED FOR AIRPORTS
James R. Carroll |
With airport congestion and flight delays mounting, an aviation industry task force says at least fi
Air Cargo
ILA HOLDS OFF ON RESPONSE
Craig Dunlap |
The cat and mouse game between waterfront management and unionized dock labor continued with the Int
Maritime
AIRPORT UPGRADE PLAN TARGETS SYRACUSE, NY
Journal of Commerce Staff |
Syracuse's Hancock International Airport could thrive under a multimillion- doll ar expansion plan t
Air Cargo
MOST FIRMS ARE MOVING CLOSE TO HOME
(Ap) |
Most companies stay close to home when they relocate their headquarters, according to a national sur
AVIATION BRIEFS
From Wire and Staff Reports |
Appeal Withdrawn Over Japan ServiceA loser in the bidding to provide express package service
Air Cargo
AIR CANADA RENEWS EFFORT TO WIN US CABOTAGE RIGHTS
Ira Breskin |
Air Canada officials are urging Washington to grant it reciprocal cabatoge rights so North American
Air Cargo
PEOPLE - MARITIME JOFC'S PIERS UNIT APPOINTS W.L. RALPH
Journal of Commerce Staff |
William L. Ralph has joined the Port Import-Export Reporting Service, aunit of The Journal of Commer
SEA RESCUE IN BRITAIN IS A MATTER OF TRADITION
TOM McNIFF Jr. |
The Royal National Lifeboat Institution - the surface leg of Britain's maritime lifesaving triad - i
INTERNAL TOBACCO INDUSTRY PAPERS ARE TURNED OVER TO ATTORNEYS
DANIEL LeDUC |
For five years the tobacco industry fought tooth and nail to keep internal, confidential documents f
PEOPLE - INSURANCE
From Wire and Staff Reports |
ASSOCIATED AVIATION UNDERWRITERS (Short Hills, N.J.) - Kevin Hilliard, Carl A. Pfeiffer and Leonidas
STATES' SUIT RAISES QUESTIONS
Journal of Commerce Staff |
The chairman of the House Judiciary Committee said Friday that the multiple antitrust lawsuits filed
AVIATION INSURER SUES TO RECOVER CRASH COSTS
Paula L. Green |
A U.S. District Court judge in Texas is continuing to hear testimony in the suit Delta Airlines and
INSURANCE BRIEFS
From Wire and Staff Reports |
Phila. Automotive Shop Files Price-Fixing SuitInsurers are confronted by new charges of pric
CONNECTICUT TO EXAMINE UNINSURED AUTO ISSUE
Journal of Commerce Special |
The Connecticut Insurance Department will hold a public hearing March 30 on an Insurance Services Of
AUSTRALIAN INSURERS WEATHER STOCK LOSSES
Vincent W. Stove |
Australia's insurance industry appears to have weathered last year's stock market crash in better sh
DOLLAR HITS 12-WEEK LOW AS YEN CONTINUES TO SOAR
Knight-Ridder Financial |
The U.S. dollar declined to a 12-week low against the yen Monday. Dollar sentiment remains s
JAPANESE CONTRACTS RISE IN VALUE
From Wire Reports |
The value of export and import contracts concluded by major Japanese trading houses rose in February
Maritime
MEXICO WILL EXTEND FREEZE ON PESO, PRICES
WILLIAM A. ORME Jr. |
Mexico will extend its freeze on government-controlled prices and the peso's exchange rate through t
ALBERT L. KRAUS - MARKETS & MONEY DISCOMFORT INDEX MAY NEED CHANGE
Albert L. Kraus |
Weather forecasters talk of a discomfort index, obtained by adding the temperature level to the hum
LUXEMBOURG BANK OPENS TAIPEI BRANCH
Journal of Commerce Special |
Bank of Credit and Commerce of Luxembourg opened a branch office in Taipei. David H. Rizvi,
BRAZIL TO AUCTION DISCOUNTED DEBT
Journal of Commerce Special |
Brazil will hold its first debt swap auction today amid concern about the discounts from face value
PEOPLE - FINANCIAL
From Wire and Staff Reports |
COMMERZBANK (Frankfurt, West Germany) - Peter K. Thiels was named vice president and manager of the
AUSTRALIA TO FINANCE JOINT VENTURES IN CHINA
Vincent W. Stove |
Australia will offer low-interest loans to help finance ventures in China in which there is Austral
FINANCIAL BRIEFS
Wire and Staff Reports |
Merrill Lynch Bullish On Asian EconomiesMANILA, Philippines - Asian economies will become st
COST OF CREDIT
JOC Staff |
Mon., March 28, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
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