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BALTIC FREIGHT INDEX
JOC Staff |
1516.0 (Feb. 10, 1988) Previous day - 1514.0 The Baltic International Freight Futures Exchan
Maritime
MUSGROVE DENIES BAYTREE LINKS
Leo Abruzzese |
The new owner of U.S. Truck Lines Inc. denied vehemently any link to Baytree Investors Inc., a contr
Trucking News
BAYTREE BLASTS AMERICAN ON ACQUISITION ISSUE
Leo Abruzzese |
Baytree Investors Inc. attacked American Carriers Inc. for making false and malicious statements in
Trucking News
DRY CARGO MART GAINS STRENGTH
Edwin Unsworth |
Dry cargo shipping rates are expected to continue firming until at least the autumn after steady gai
Maritime
MARAD RESELLS REPOSSESSED VESSELS
Journal of Commerce Staff |
The Maritime Administration has resold to private operators two small ships it had repossessed durin
Maritime
REP. JONES IN LINE FOR KEY PANEL POST
Robert F. Morison |
The impasse over selection of a chairman for the House Merchant Marine Subcommittee will be resolved
Maritime
PANEL REPORT EXPLAINS FMC TRADE BILL
WILLIAM DiBENEDETTO |
In a town where timing can be everything, a committee report on pending legislation nearly always in
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Wed., Feb. 10, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
CRACKDOWN ON TRUCK WEIGHT SHAKES ENTIRE SUPPLY CHAIN
Michael S. Lelyveld |
When police in Texas told truckers to lighten their loads, the burden fell on businesses as far away
WORLD TODAY
Wire and Staff Reports |
Coast Guard Waives Crew Rule for KuwaitThe U.S. Coast Guard issued a waiver to exempt Kuwait
WEAK DOLLAR HELPS TO BOOST FORTUNES OF US TOY MAKERS
Cristina Lee |
No cuddly dolls, zapping machines or board games stand out among the toys unveiled at the American I
NEDLLOYD CHIEF EAGER TO RETURN TO GAME PLAN: DIVERSIFICATION
Bruce Barnard |
Henk Rootliep, chairman of Nedlloyd, the sprawling Dutch transport and energy group, is having an ac
NATURAL GAS PRICES PEAK, MAY STAY UP THIS SUMMER
Josh Goldstein |
A four-month surge in spot market prices for natural gas has begun to ease, but some industry offici
PHILIPPINES, US SIGN AGRIBUSINESS AGREEMENT
(Ap) |
The Philippines and the United States signed an agreement Wednesday expanding cooperation between th
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Philippine Bill Boosts Rent for Military BasesMANILA, Philippines - Fifty congressmen filed
Maritime
POST OFFICE PLANS TO TEST ACCELERATED REPLY MAIL
Ira Breskin |
The U.S. Postal Service late this month will begin a four-month field test of its Accelerated Reply
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
US Says Japan Dumps Synthetic RubberThe Commerce Department announced a preliminary determin
Maritime
HONG KONG TO MOVE SLOWLY ON DEMOCRACY
P.T. Bangsberg |
With one keen eye on overseas business confidence and a wary one on Beijing, the colonial government
Maritime
MANHATTAN ENVY AFFLICTS FRANKFURT BANKERS
Erich E. Toll |
After a tough, taxing day at the office, bankers here can retreat for a refreshment at a smart bar c
HONG KONG BOOSTS EXPORT CREDIT CAP FOR INSURANCE
P.T. Bangsberg |
Hong Kong Wednesday approved a 20 percent hike in the maximum contingent liability of the Hong Kong
Maritime
HOPES BLEAK ON AGRICULTURE AT EC SUMMIT
Bruce Barnard |
Optimism is in short supply here, as the leaders of the European Community's 12 member governments t
POOR SOVIET CROP BOOSTS US WHEAT EXPORTS
(Ap) |
Exports of U.S. wheat are booming, partly because the Soviet Union had a poor crop last year, the Ag
Maritime
STUDY: CARIBBEAN LURING DATA ENTRY
Canute James |
Caribbean countries will attract increasing numbers of U.S. investments in data entry operations ove
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BUYING IN BURMA
JOC Staff |
Traditional Exports Teak and other hardwoods, shellfish, minerals (zinc and platinum) and ge
Maritime
BURMA MAY EASE ECONOMIC CONTROLS
Journal of Commerce Staff |
Recent Burmese government announcements liberalizing the rice trade indicate Burma may be willing t
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
RUMORS OF FED BUYING HALT DOLLAR'S SLIDE
Knight-Ridder Financial |
The U.S. dollar declined against most major currencies except the yen Wednesday, but perked up on ru
LONDON CRASH STUDY URGES MORE HEDGING
(Ap) |
The London Stock Exchange Wednesday urged dealers to increase the use of hedging techniques such as
TAIWAN BALKS ON ADMITTING FOREIGN STOCK BROKERAGES
Journal of Commerce Special |
Foreign brokerages hoping to enter the Taiwan market will have to be patient a while longer, perhaps
GOLD LOSES SOME OF ITS APPEAL AFTER FAILING TO RISE ABOVE $500
Howard Simon |
Gold has lost some of its glitter since it failed to climb above $500 an ounce late last year, and a
PEOPLE - FINANCIAL
From Wire and Staff Reports |
BEVERLY HILL SAVINGS (Mission Viejo, Calif.) - John A. Norgard was named executive vice president an
FINANCIAL BRIEFS
Wire and Staff Reports |
Fed Funds Rate Drop Tied to Power OutageNEW YORK - The sharp decline in the federal funds ra
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
HIGHER MATERIAL PRICES FORECAST FOR INDUSTRY
Kevin Commins |
Industrial material prices may rise abruptly in the near future as demand begins to outstrip domesti
BRAZIL TO AUCTION FIRST DEBT SWAPS
Tom Murphy |
Brazil's central bank Wednesday tentatively set March 20 as the date for its first debt-equity swap
3 CALIFORNIA INSURERS PLAN TO INCREASE AUTO PREMIUMS
(Ap) |
Three of the state's largest auto insurance companies plan to raise their premiums as much as 15.6 p
EMPLOYERS PAID 7.9 PERCENT MORE FOR HEALTH BENEFITS IN '87
(Ap) |
The cost of providing health-care benefits to employees jumped by 7.9 percent per worker last year a
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