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TRAFFIC BRIEFS
Wire and Staff Reports |
BLANCHETTE ELECTED AAR VICE PRESIDENTWASHINGTON - Robert W. Blanchette was elected vice pres
NOBEL'S NET FELL IN FIRST QUARTER
From Wire Reports |
Nobel Insurance Ltd.'s first quarter operating income rose to $949,000, or 18 cents a share, from $6
BEEF PURCHASES BY JAPANESE EXPECTED TO RISE STRONGER US SALES LIKELY FROM JUNE
Kevin Pendley |
Exports of U.S. beef to Japan have been sluggish in April and May, but sales are expected to pick up
CHEMICAL BRIEFS
From Wire and Staff Reports |
LCP AGREES TO PAY $40,000 EPA FINESYRACUSE, N.Y. - LCP Chemicals Inc. agreed to pay a $40,00
AVIATION BRIEFS
Wire and Staff Reports |
JAPAN AIRLINES ORDERS GE ENGINES FOR 20 JETSEVENDALE, Ohio - GE Aircraft Engines said Japan
CONGRESSIONAL HEARING ON EDI SET FOR JUNE
Tony Seideman |
Congress is holding its first hearing to deal specifically with electronic data interchange on June
PROTECTIONISM SEEN THREAT TO E. GERMAN DEVELOPMENT
John Maggs |
A desire in East Germany to protect outmoded state-run companies from competition threatens the pote
Maritime
INLAND STEEL USING FEWER TRUCKERS
Kevin Commins |
Inland Steel Co. has significantly cut back on the number of motor carriers it uses to haul steel f
Transport, Trade and Regulation News
CONTAINER-SIZE CHAOS CHALLENGES EUROPE'S TRANSPORT MINISTERS
Janet Porter |
How to harmonize the many different sizes of containers and pallets now in use throughout Europe wil
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
THE SPOT INDEX ended its downward slide last week, as it flattened out and moved very slightly upwar
Maritime
GASOLINE TABLE EXPANDS TODAY
Journal of Commerce Staff |
Today the Journal of Commerce begins running an expanded gasoline price table. Premium unlea
YEN EXPECTED TO REMAIN STRONG
Gordon Platt |
The yen also rises. Foreign exchange traders found that out last week as the Japanese curren
COMEX METAL WAREHOUSE
JOC Staff |
May 25, 1990 Copper Total, 10,504. Gold Total, .1,881,811.Silver Total, .255,597,417.
NEW REPORT ON CARLOADINGS
JOC Staff |
The Journal of Commerce today begins a new railroad freight statistical service. Drawn from
'90 TRADE PACT TALKS WITH MEXICO UNLIKELY
Keith M. Rockwell |
The United States will not begin negotiating with Mexico on a free trade agreement in 1990 because o
PEOPLE - COMMODITIES
Wire and Staff Reports |
NEW YORK MERCANTILE EXCHANGE (New York) - Stephen C. Daffron was named vice president, strategic pla
PORTUGAL'S BOOMSPARKS INTEREST OF US BUSINESS
Michael S. Lelyveld |
For the last 15 years, Wes Arbo looked to Portugal as a source for imported plastic molds. Today he
Maritime
GORBACHEV TO ATTEND WEST COAST LUNCHEON
From Wire Reports |
Soviet President Mikhail Gorbachev will round out his summit trip to the United States with a lunch
BALTIC FREIGHT INDEX
JOC Staff |
1317 (May 24, 1990) Previous day - 1317 The Baltic International Freight Futures Market in L
Maritime
SAFETY-CONSCIOUS ICC REVISES LICENSING RULE
Leo Abruzzese |
Newly issued truck operating certificates from the Interstate CommerceCommission no longer w
TRAFFIC BRIEFS
Wire and Staff Reports |
BUSH VETOES BILL FOR AMTRAK FUNDINGWASHINGTON - President George Bush vetoed a bill Thursday
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LATIN TRADE KEY TO FUTURE AT ARROW AIR LINE AVOIDS MARKET RISKS
Ira Breskin |
The future of Arrow Airlines Inc., a scheduled all-cargo airline and contract carrier based here, is
BRAZIL BECOMES CUSTOMER FOR MISSISSIPPI TERMINALS
Tim Sansbury |
Brazil-bound coking coal made a debut this week at a New Orleans area loading terminal. Brya
SPOT COMMODITIES
JOC Staff |
May 24, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
CORRECTION
JOC Staff |
LTS Data Communications Inc., Merrick, N.Y., is charging a $1,200 installation fee and about $600 a
THE ECONOMY
Wire and Staff Reports |
PRICES OF IMPORTS FELL 0.2 PERCENT IN APRILPrices of U.S. imports, excluding fuel, fell 0.2
MASSPORT, RAIL OPERATORS CAUTIOUS ON CANADIAN PACIFIC-GUILFORD LINK
TOM McNIFF Jr. |
Canadian Pacific may see a rail link to the Port of Boston as a key reason for strong ties with Guil
AUSTRALIA HOPES TO AVOID OTHERS' EDI MISTAKES
Vincent W. Stove |
The Australian trade and transportation community should be able to avoid the mistakes made by other
PHILADELPHIA STEVEDORE ACTS TO BLOCK PORT FROM CANCELING LEASE
Allen R. Wastler |
The Philadelphia Port Corp., the city agency controlling piers for the Port of Philadelphia, is bein
Maritime
JAPAN CAR CARRIERS SHORTEN EC REACH LINES GEAR UP FOR MARKETS
Janet Porter |
Japanese ocean carriers that specialize in the transportation of automobiles are eyeing the European
REINSURANCE FUTURES WEIGHED IN LONDON
Edwin Unsworth |
A market in marine reinsurance futures is under consideration by the London Futures and Options Exch
CONN., HANCOCK TO DISCUSS CHARGES OF REDLINING
TOM McNIFF Jr. |
Connecticut insurance regulators and John Hancock Property & Casualty Insurance Cos. officials will
CORRECTION
JOC Staff |
The story headlined "Prudential Backing Out of 'BIC' Market," which appeared on Page 11A in The Jour
HOUSE PLAN FOR SUGAR HIT MAY SPUR RISE IN PRODUCTION
Knight-Ridder Financial |
The House Agriculture Committee's proposal for the 1990 farm bill's sugar program is hugely expensiv
UK FARMERS FEAR DROUGHT MAY HURT WHEAT, BARLEY
Patrick Kelly |
U.K. cereal farmers face the possibility of drought crop damage after the sunniest April on record a
GASOLINE, OIL PRICES STEADY IN NY
Journal of Commerce Staff |
Statewide gasoline prices barely moved during the two weeks ending May 3, continuing a trend since l
THE JOURNAL OF COMMERCE EXPORTER'S CLIP AND SAVE SERVICE EAST EUROPEAN EXPORT CONTROLS
JOC Staff |
BACKGROUND: U.S. exports to Eastern Europe consistently comprise a very small fraction of total U.S.
Maritime
MILK SHIPMENT SOURS RELATIONS BETWEEN NY SHIPPING AGENT, US
Allen R. Wastler |
The way federal investigators see it, shipping agent Martyn Merritt is a man with a checkered past w
STRONG DEMAND STRAINS REEFER CARGO LOGISTICS
Craig Dunlap |
Strong demand for fresh foods will boost refrigerated ocean cargo shipments, but also could cause sp
Maritime
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