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BALTIC FREIGHT INDEX
JOC Staff |
1563.5 (Feb. 29, 1988) Previous day - 1562.0 The Baltic International Freight Futures Exchan
Maritime
TOPGALLANT DROPS SUIT AGAINST SEA-LAND
Journal of Commerce Staff |
Topgallant Group has dropped its antitrust suit against Sea-Land Corp., said Jack Abrams, the group'
Maritime
ECONSHIPS A STEAL FOR SEA-LAND
James Nolan |
Sea-Land Service Inc. got a very good deal when it bought the 12 Econships formerly operated by Unit
Maritime
MARAD ACCEPTS SHELL OPTION FOR LNG SHIPS
Journal of Commerce Staff |
The Maritime Administration has accepted a purchase option from Shell International Inc. of London t
Maritime
DRUNKEN DRIVING ARRESTS ON RISE
(Ap) |
Arrests for driving under the influence of alcohol rose more than 220 percentfrom 1970 to 19
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
R. SANBORN TO SUCCEED CRANE AS CONRAIL HEAD
Journal of Commerce Staff |
Richard D. Sanborn was chosen to succeed L. Stanley Crane at the helm of Conrail. Mr. Sanbor
TNT SETS REGULAR EXPRESS DELIVERY OF NEWSPAPERS, MAGAZINES
Ira Breskin |
A British businessman stationed outside Chicago needs a day-old copy of his hometown newspaper, The
Air Cargo
FORWARDERS HOPE RATE HIKES WILL EASE CAPACITY CRUNCH
John Davies |
With U.S. exports booming and air cargo rates across the Pacific due to rise 10 percent to 15 percen
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
Fokker Delivers First 100 TwinjetsSwissair Monday accepted the first delivery of the new Fok
Air Cargo
TOP ECONOMISTS SAY THE US SHOULD ESCAPE RECESSION
(Ap) |
The U.S. economy has shrugged off the worst effects of the October stock market collapse and should
IMF CHIEF IDENTIFIES KEYS TO WORLD ECONOMY
Richard Lawrence |
Japan and West Germany could make for a sounder world economic system by adopting more market-orient
US KITE SALES SOAR ON WINGS OF EXPORTS, RISING POPULARITY
Cristina Lee |
March winds usually blow in the best of times for U.S. kite makers. But these days it's not just the
ILLINOIS RAIL GOES BACK TO BASICS
Andrea Chancellor |
The Illinois Central Gulf Railroad changed its name this week in a back-to- basics move that officia
Rail News
UNIFICATION, INVESTMENT BOOST HAMPTON ROADS
James Asher |
The azure sky above this booming ocean city is pierced, seemingly in all directions, by the spiny fi
Maritime
MEDITERRANEAN ROUTE SOUGHT BY WATERMAN
Journal of Commerce Staff |
Waterman Steamship Corp. wants to offer direct service between U.S. North Atlantic ports and those i
Maritime
ANOTHER ASBESTOS FIRM LEAVES CLAIMS FACILITY
Laura Raley Borda |
Another asbestos manufacturer has withdrawn from the Asbestos Claims Facility. Eagle-Picher
SHOW EXPLORES LIMITS OF TRUCKING TECHNOLOGY
Michael S. Lelyveld |
More than 1,000 key players in the trucking industry are gathered here for the annual meeting and e
EXPORT BOOM BOOSTS CARGO CARRIERS
Mark Magnier |
The excitement in the air cargo industry will be increasingly centered on the export side of the bus
Air Cargo
PRODUCER PRICES FOR COPPER DECLINE BELOW $1 A POUND
Howard Simon |
Producer prices for copper fell below $1.00 a pound Monday following sharply lower prices on the Com
EXPORT OPPORTUNITIES
US Department of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
CANADIANS URGED TO SWITCH FOCUS OF TRADE TO ASIA
P.T. Bangsberg |
Canadians are missing opportunities to sell into the fast-growing Asian market by concentrating too
Maritime
SUZUKI SEEKS SOURCE OF 'FALSE' CLAIMS
Journal of Commerce Staff |
Suzuki of America Automotive Corp. said it launched an investigation to find out who's behind errone
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
THE FUR FLIES AT HONG KONG'S AUCTION
P.T. Bangsberg |
There isn't much demand for fur coats in subtropical Hong Kong, but the colony is the world's leadin
NEWS SUMMARY
JOC Staff |
AIR CARGO Excitement and thrills in the air cargo industry will be increasingly centered on
EDI SIGNS PACT WITH FRENCH FIRM
Journal of Commerce Staff |
Environmental Diagnostics Inc. reported that the company has signed an exclusive distribution agreem
BLOOMINGTON-NORMAL SEATING WORKS UNDER PRESSURE OF TIME
Andrea Chancellor |
When Bloomington-Normal Seating Co. suggested that a hot line be installed at its plant and at the n
Trucking News
DSM SUPPLIERS, CARRIERS LEARN THE JAPANESE WAY
Andrea Chancellor |
Automotive suppliers and motor carriers for the new Diamond-Star Motors Corp. assembly plant are get
Trucking News
AUSTRALIANS HOPE THEY'VE SEEN BOTTOM OF THE COAL PRICE BARREL
Vincent W. Stove |
Australian coal companies are optimistic that the downward trend in prices has bottomed. Bu
US-ROMANIA SPAT THREATENS TO HURT COAL AGREEMENT
Tim Sansbury |
The latest turn of events in often-strained U.S.-Romania trade relations once again threatens to dis
INSURERS CLAIM VICTORY IN COURT RULING
Paula L. Green |
An insurance industry association claims that a recent federal court decision supports its claim tha
FINANCIAL BRIEFS
Wire and Staff Reports |
Security Pacific to Buy Hibernia BankNEW YORK - Security Pacific Corp. said it signed a lett
TRADE LIKELY TO DOMINATE US TALKS WITH CHINA
Noel Fletcher |
Chinese Foreign Minister Wu Xueqian arrives in the United States Wednesday on a trip expected to be
SHORT-LINE RAIL SALE RULES AMENDED
Howard S. Abramson |
The Interstate Commerce Commission has decided to require more notification before companies are gra
Rail News
COST OF CREDIT
JOC Staff |
Mon., Feb. 29, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TRADING FIRMS MAY BENEFIT FROM 'EXPORT NOW' PROGRAM
William Armbruster |
A new program launched by President Reagan last week offers big potential for trade intermediaries s
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Mexico Is 5th-Largest Textile Exporter to USMexico will rank as the fifth-largest textile ex
Maritime
HIGH COURT WILL EXAMINE DRUG TESTING AT CUSTOMS
Howard S. Abramson |
The Supreme Court agreed to rule on the constitutionality of requiring U.S. Customs Service workers
TRUCKING BRIEFS
Wire and Staff Reports |
Carolina Freight Opens Service Center in Vt.CHERRYVILLE, N.C. - Carolina Freight Carriers Co
Trucking News
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