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CANADA TO REMOVE LUMBER EXPORT FEE
Journal of Commerce Staff |
The United States and Canada reached an agreement Wednesday to remove export charges of 15 percent o
Maritime
ILA PLEDGES COOPERATION IN MD.
JOHN H. GORMLEY Jr. |
A membership revolt that ousted the leaders of the largest dockworkers local in Baltimore will not m
Maritime
PHILLIPS MOVES TO REDUCE COSTS
Journal of Commerce Staff |
Phillips Petroleum Co. Wednesday announced a reduction in its work force by 7 percent to 10 percent,
AMOCO TO BOOST CAPITAL SPENDING
Chicago Tribune |
Amoco Corp., indicating it believes this week's plunge in oil prices won't last, announced a 15 perc
TRADERS BEARISH DESPITE MOVE
Abu Dhabi |
Abu Dhabi appears to be the first member of the Organization of Petroleum Exporting Countries to not
SHIP TOLL IN GULF WAR NEARSHALF OF WORLD WAR II TOTAL
(Ap) |
Nearly 3 million tons of shipping has been sunk or written off in the Persian Gulf since July in the
Maritime
TOKYO EXCHANGE PICKS MEMBERS
Knight-Ridder Financial |
Sixteen foreign securities companies and six Japanese companies were offered membership on the Tokyo
FINANCIAL BRIEFS
Wire and Staff Reports |
Peru Denies Report Of Debt MoratoriumLIMA - Peru's economy minister denied a report his coun
NY INSURER LOWERS DOLLAR LIMIT FOR COVERAGE WITHOUT TESTS
Russ Banham |
New York Life Insurance Co. announced Wednesday that it would lower thedollar limits at whic
CONTROL SHIFT IS POSSIBLE FOR MCM
Journal of Commerce Staff |
McM Corp., a Raleigh-based insurance holding company and parent corporation of Occidental Life Insur
BN RAIL OFFERS SHIPPERS 1-STOP SHOPPING SERVICE BURLINGTON NORTHERN SETS WORLDWIDE OPERATION
Lawrence Kaufman |
Burlington Northern Railroad, which has one of the more innovative marketing departments in the rail
NEGOTIATORS SEEK WAYS TO REDUCE TRANSPORT BUDGET
Leo Abruzzese |
House and Senate budget negotiators are searching for ways to trim about $370 million in spending fr
EDI EXCHANGE GROUPS TRY TO KEEP UP WITH GROWTH
JOC Staff |
Welcome to EDI Exchange. In this column The Journal of Commerce will take a behind-the-scenes look a
FREIGHTERS COLLIDE IN ATLANTIC
(Ap) |
Rescuers raced bad weather Wednesday to reach two freighters that smashed into each other in the dar
Maritime
TRANS-ATLANTIC TRADE EXPECTED TO IMPROVE
Janet Porter |
The imbalance between eastbound and westbound trade on the North Atlantic could disappear within two
Maritime
RECLAMATION BUREAU SEEKS BIDS FOR SELENIUM CLEANUP
Journal of Commerce Staff (AP) |
The U.S. Bureau of Reclamation has called for bids to clean up selenium- tainted soil at Kesterson N
CELANESE TO REBUILD DAMAGED TEXAS FACILITY
Journal of Commerce Staff |
Celanese Chemical Co. announced plans to rebuild its Pampa, Texas, facility following an explosion t
CHEMICAL BRIEFS
From Wire and Staff Reports |
Monsanto, OSHA Reach SettlementST. LOUIS - Monsanto Co. announced it has reached a settlemen
SPOT PRODUCT PRICES
JOC Staff |
December 16, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
TRANSPORT CALENDAR
JOC Staff |
Critical Issues in Managing Corporate Aircraft, Dec. 17, Los Angeles Airport, Hilton & Towers.Contac
Trucking News
DOCKERS STAGE STRIKE IN CANADA
Leo Ryan |
Longshoremen at Montreal staged a one-day walkout Wednesday in an escalation of a bitter dispute wit
Maritime
US PARTNERS SEEK 'REAGAN BONDS'
Knight-Ridder Financial |
The United States' major trading partners are informally urging the Reagan administration to conside
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COAST GUARD ADVANCES SCHEDULE TO PLACE BLACK BOXES ON BARGES
(Ap) |
Many barges that dump sewage sludge in the ocean will be equipped sooner than planned with so-called
FTC CHIEF SUPPORTS END TO ANTITRUST EXEMPTION
Leah R. Young |
The McCarran-Ferguson Act antitrust exemption for the insurance industry should be repealed, the cha
MAERSK LINE LEAVES DOOR OPEN ON JOINING WESTBOUND RATE UNIT
Rose A. Horowitz |
Maersk Line is leaving the door open about whether it will join the westbound rate-setting conferenc
BRAZIL BUSINESS FEARS US CLASH MAY BE TIP OF ICEBERG
James Bruce |
Trade sanctions being considered in Washington this week in response to Brazil's computer software m
CORRECTION
JOC Staff |
Chilean fish meal exports for 1987 are expected to decrease to about 1.08 million metric tons. The a
Maritime
WARNER HOME VIDEO PUTS SHOW ON THE ROAD IN BRAZIL
James Bruce |
Brazil's reputation as major center for video piracy has kept most international video distribution
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Du Pont Increases Capacity in TexasWILMINGTON, Del. - E.I. du Pont de Nemours & Co. has comp
DISTRIGAS AWAITS LNG SHIPMENT
Journal of Commerce Special |
The first cargo of resumed liquefied natural gas shipments to Boston harbor is expected to arrive at
UTC CHAIRMAN SUPPORTS VENTURES IN AEROSPACE SECTOR
Ira Breskin |
United Technologies Corp. Chairman Robert E. Daniell stressed the benefits of international joint ve
Air Cargo
AIRLINES DISCUSS LA RUNWAY WORK, FLIGHT RESCHEDULING
(Ap) |
Representatives of the nation's biggest airlines held a rare meeting aimed at avoiding traveler dela
Air Cargo
US DENIES URGING THAILAND TO REVALUE
P.T. Bangsberg |
In what may be interpreted as another mixed signal to rapidly growing Asian economies, the United St
COST OF CREDIT
JOC Staff |
Wed., Dec. 16, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
UNDERWRITER TO FORM RISK GROUP
Laura Raley Borda |
Defense lawyers in Florida may soon have an alternative to expensive professional liability insuranc
AUTO RATE HIKE HIT AS TOO LOW
Michael S. Lelyveld |
A key Massachusetts insurance industry official said that anything less than a 10 percent net increa
TEXTILE INDUSTRY SHOWS RECOVERY
Journal of Commerce Staff |
The U.S. textile industry has recovered somewhat from its 1984-85 recession, an industry leader said
PUBLISHER'S NOTEBOOK
Don C. Becker |
I hope it's not too outrageous to say the United States and the rest of the free world ought to be c
ECONOMISTS URGE IMMEDIATE STEPS TO AVERT A WORLDWIDE RECESSION
Richard Lawrence |
Another 10 percent depreciation of the dollar against both the Japanese yen and the West German mark
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