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TUNG RESTRUCTURING PROVES TO BE A MAMMOTH JOB
Joseph Bonney |
Nobody in shipping can remember anything quite like the restructuring of Hong Kong's Tung shipping g
AIR INSURANCE RATES EXPECTED TO STABILIZE
Laura Raley Borda |
Aviation insurance rates probably will fall less sharply or even increase in 1988 as a result of the
RAIL BRIEFS
From Wire and Staff Reports |
Itel Rail Subsidiary Completes AcquisitionItel Corp. said its Itel Rail subsidiary completed
Rail News
BAN ON JAPANESE PARTICIPATION IN US PROJECTS MAY BACKFIRE
Keith M. Rockwell |
Congressional efforts to pressure Japan into opening its construction industry by blocking Japanese
CLOSING OF NY BRIDGE LANE TO CAUSE DELAYS
Journal of Commerce Staff |
In addition to holiday traffic, truckers in New York City face tremendous delays due to the closing
Trucking News
CONTROL DATA IN VENTURE WITH HONG KONG FIRM
P.T. Bangsberg |
Lafe Holdings Ltd. and a unit of Control Data Corp. of Minneapolis have completed a joint venture ag
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
CANADIAN OPPOSITION TO PACT EASES
(Ap) |
Provincial government opposition to Canada's proposed free trade agreement with the United States ha
Maritime
CHEMICAL MARKETS FERTILIZER USE RISES SHARPLY
JOC Staff |
Consumption of U.S.-produced fertilizer nutrients increased during the July- November 1987 period in
CHEMICAL BRIEFS
From Wire and Staff Reports |
Duramed Drug Gets Bioequivalent RatingDuramed Pharmaceuticals Inc. announced that the Food &
MORE BANKS TO BOOST LOAN LOSS RESERVES
Journal of Commerce Staff |
Moody's Investors Service said the larger loan loss provisions announced by Mellon Bank and Bank of
FED CHIEF PREDICTS TRADE DATA REVERSAL
Knight-Ridder Financial |
Federal Reserve Chairman Alan Greenspan said Friday he thinks October's record U.S. trade deficit wa
DOLLAR MAY HOLD STEADY FOR REMAINDER OF 1987
Kevin Commins |
Long-term bearishness toward the dollar remains strong, but currency traders and economists suspect
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DELEGATES CITE PROGRESS AS GATT TALKS RECESS
(Ap) |
Multilateral trade negotiations recessed until next year and most delegates agreed that progress had
Maritime
EC CRITICIZES JAPAN'S PLAN ON LIQUOR TAX
(Ap) |
Japan's plan to ease import levies on European liquor as part of an overhaul of the country's tax sy
Maritime
DULLES AIRLINER CRASH SHOWS SMALLER PLANES' SURVIVABILITY
Dave Higdon |
When AVAir's American Eagle Flight 3464 pancaked into a darkened field more than two miles short of
Air Cargo
AUTO REFORM PROVISIONS STIR CONFUSION IN MASS.
TOM McNIFF Jr. |
As an auto insurance reform bill awaits state Senate action, two of the House-passed measure's provi
FINANCE MINISTER QUITS IN BRAZIL
Knight-Ridder Financial |
Brazilian Finance Minister Bresser Pereira resigned his post Friday after meeting with President Jos
ICC REJECTS GUILFORD BID TO LEASE D&H RAILWAY
Howard S. Abramson |
The Interstate Commerce Commission rejected Guilford Transportation Industries' latest attempt to le
Rail News
TRUCKING BRIEFS
From Wire and Staff Reports |
Builders Transport Gets Indications of InterestCAMDEN, S.C. - Builders Transport Corp. said
Trucking News
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
PLASTICS CORNER CHINESE DIG DEEP TO BUY CHEMICALS
Gary Aderman |
A worldwide shortage of capacity to make petro- and specialty chemicals is forcing normally thrifty
MONTREAL AGAIN HIT BY WALKOUT
Leo Ryan |
Longshoremen at Montreal staged another one-day walkout Friday as a bitter dispute with port employe
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SUPERCOLLIDER AMENDMENT AIDS NEVADA
John Maggs |
A Nevada Senator has succeeded in adding a provision to a bill that would give the state preferred s
EXPORT RISE MAY HELP SHIP RATE HIKES STICK DEPRECIATION OF THE DOLLAR SPURS FOREIGN BUYING
Rose A. Horowitz |
The improved picture for U.S. exports should allow ocean carriers to make scheduled freight rate inc
CUSTOMS USER FEE TO REMAIN UNCHANGED
John Boyd |
Congressional tax negotiators agreed to retain the Customs Service user fee rate and suspend an exam
OIL PRICES SLIP AGAIN
Journal of Commerce Staff |
Oil prices dropped again Friday on the New York Mercantile Exchange, with crude closing at $15.65 a
INSURANCE BRIEFS
From Wire and Staff Reports |
State Farm Cuts Rates On 160 Models for '88BLOOMINGTON, Ill. - The owners of 160 models of 1
BANKING BILL MAY INCLUDE UNDERWRITING
(Ap) |
The chairman of the House Banking Committee proposed that in restructuring the nation's financial sy
NEWS SUMMARY
JOC Staff |
AVIATION Decreases in aviation insurance rates are expected to slow in 1988, insurers say.
JOFC AGAIN TOPS ECONOMIC FORECASTS
Journal of Commerce Staff |
For the second consecutive year, The Journal of Commerce has won USX Corp.'s first prize for the mos
EXPORT OPPORTUNITIES
US Department of Commerce |
HOW TO USE: To determine the codes for specific products and services of interest to you, co
Maritime
CANADIAN TRUCK BILL MIRED IN CONTROVERSY
Andrew Tausz |
The federal bill to deregulate Canada's trucking industry in January is painfully flawed, say shippe
Trucking News
GAO SEES NAVY JOBS HURTING SHIPYARDS
James Nolan |
The U.S. Navy is unwittingly driving what's left of the U.S. shipbuilding industry to the wall, the
Maritime
TAIWAN REVEALS NEW SUB, PLANS TO BUILD OWN
(Ap) |
Taiwan plans to use technology gained from a controversial submarine deal with the Netherlands to bu
Maritime
TAIWAN GOES BACK IN TIME IN FORMING FREE TRADE ZONE
JAMES McGREGOR |
Taiwan claims to have invented the free trade zone industrial park in 1966 by creating a dockside fa
Maritime
EMPLOYER HELD NOT RESPONSIBLE FOR EMPLOYEE'S DRUNK DRIVING
(Ap) |
The state's highest court ruled Thursday that employers are not responsible for employees' drunken d
GERMAN YARD GETS MOLLER ORDER
Journal of Commerce Staff |
Danish shipowner A.P. Moller has ordered two gas-chemical tankers from the West German shipyard Thys
Maritime
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