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MAERSK GAINS SPACE AT LONG BEACH
Bill Mongelluzzo |
Maersk Line is still a leader in trans-Pacific shipping, despite the fact that the Danish-flag opera
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
WEST COAST BRIEFS
From Wire and Staff Reports |
Calif. Official Urges Spending Limit ReviewLt. Gov. Leo McCarthy wants Gov. George Deukmejia
Maritime
ROYAL VIKING ORDERS SHIP
Maureen Robb |
Royal Viking Line awarded a $125 million contract for a new cruise ship to Wartsila Marine Industri
Maritime
RETAIL SALES GROWTH SLOWS IN JAPAN
Knight-Ridder Financial |
Sales at large Japanese retail stores totaled 2.13 trillion yen in December, up 1.4 percent from a
Maritime
RESUMPTION OF JAPAN AUTO QUOTAS NO SURPRISE
A.E. Cullison |
Japan's decision to extend its voluntary" export limit of 2.3 million cars a year to the United Sta
Maritime
FRONT-WHEEL BRAKES REQUIRED ON TRUCKS RULE AFFECTS MEDIUM-, HEAVY-DUTY RIGS
Leo Abruzzese |
The Department of Transportation reversed a longstanding policy and ordered truckers to install prop
APC'S RAIL, FREIGHT BROKERAGE RIVALS APL IN SIZE AND SCOPE
John Davies |
A new rail and freight brokerage subsidiary created this week by the parent of American President Li
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ENERGY BRIEFS
From Wire and Staff Reports |
USX Corp. Reports $1.42 Billion LossUSX Corp. reported a fourth quarter net loss of $1.42 bi
MERCK OFFERS HEPATITIS B VACCINE IN US
Journal of Commerce Staff |
Recombivax HB, the first genetically engineered human vaccine to be licensed in the world, is availa
LIMERICK PLANT SPRINGS LEAK AFTER SETTING OPERATING RECORD
(Ap) |
A leak of radioactive water forced a nuclear power plant to shut down hours after it broke an indust
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan Sets 3.5 percent Target For Growth in Fiscal '87The government adopted an economic gro
Maritime
4 STATES TEACH LESSON ON CATASTROPHIC CARE
Kenneth J. Cooper |
If you have to be sick for so long that your medical bills outstrip your insurance, the best place t
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe mood in Brussels about the prospects of averting a trans-Atlantic trade war
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Greyhound Discussing Sale of Insurance UnitPHOENIX, Ariz. - Greyhound Corp. said it entered
MARITIME COMPENSATION SUITS FALL SHARPLY
Gregory S. Johnson |
An attorney specializing in maritime compensation says lawsuits have dropped dramatically since the
Maritime
LDC CEREAL NEEDS PEGGED AT 6.7 MILLION METRIC TONS
Knight-Ridder Financial |
Cereal shortfalls in 69 developing countries recently studied by USDA are estimated at 6.7 million m
GASOLINE PRICE JUMP TERMED PART OF TREND
(Ap) |
A 3-cent jump in gasoline pump prices over the past two weeks is probably part of a trend as retaile
LUFTHANSA RESHAPES CARGO MANAGEMENT
Journal of Commerce Special |
The German-flag carrier Lufthansa, which outperformed Japan Air Lines to become the world's No. 1 no
AVIATION BRIEFS
From Wire and Staff Reports |
Airbus A320 Scheduled To Make Debut Feb. 14Airbus Industrie said the world's newest commerci
UN SEES DECLINE IN CENTRAL AMERICA
WILLIAM A. ORME Jr. |
Central America, ravaged by civil wars, remains the most economically depressed region of the hemisp
THE ECONOMY
From Wire and Staff Reports |
Sales of Existing Homes Hit Record in DecemberA rush to take advantage of expiring tax break
FAR EAST SUPPLIERS COURT US BUYERS
Rosalind Rachid |
It's becoming cheaper and easier for U.S. buyers to negotiate with Far East suppliers. Asian
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysia, Iran Near Palm Oil Sales PactOfficials from Malaysia and Iran have met to sort out
AHC CITES COSTS IN ENDING SERVICE LOGISTICS ALSO A FACTOR
Maureen Robb |
American Hawaii Cruises blames high costs and logistical problems for its decision to end its Tahiti
Maritime
US '87-88 COTTON EXPORTS HINGE ON NEW CROP'S SIZE
Knight-Ridder Financial |
U.S. 1987-88 cotton exports could total 6 million bales to 8 million bales, depending on the size of
BAKER-HUGHES PLANS UNDER FIRE
(Ap) |
The Department of Justice said it would sue to block the merger of two of the world's largest oil-we
NEW IDEAS HELD KEY FOR US, JAPAN
(Ap) |
Initiative and cooperation are needed if the United States and Japan hope to ease friction arising f
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
HONG KONG OPENS BOX FACILITY
P.T. Bangsberg |
Even as what's described as the world's largest container freight station was being opened in Hong K
COST OF CREDIT MONDAY, JANUARY 26, 1987 (PERCENTAGES PER YEAR)
JOC Staff |
INTERNATIONAL INTEREST RATES Canada U.K. Germany Holland SwitzerlandDa
CLIMATE GOOD FOR SHIPPERS AIR CARGO OFFICIALS PREDICT CONTINUED LOW RATES
Larry Sterne |
U.S. shippers can look forward to continued low air freight rates for their international exports th
KNIGHT-RIDDER EARNINGS RISE
Journal of Commerce Staff |
Knight-Ridder Inc. announced fourth quarter 1986 earnings of $43.7 million, or 75 cents a share, up
US OIL TAX RULING SOUGHT
Felix Dearden |
The European Community, Canada and Mexico have formally requested an arbitration panel to rule if U.
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN SETS 3.5 PERCENT TARGET FOR GROWTH
(Ap) |
The government adopted an economic growth target of 3.5 percent for fiscal 1987, up slightly from th
Maritime
STATE VEHICLE RESPONSIBILITY LAW UPHELD
Journal of Commerce Special |
Cumberland County Court Judge Edgar B. Bayley upheld the constitutionally of Pennsylvania's Motor Ve
HOSPITAL GROUP FORMS INSURER
C.A. Carpenter |
Voluntary Hospitals of America Inc. said it formed a liability insurance company in Bermuda to serve
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