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RATE WAR IN LONG-HAUL TRUCKING WILL SLASH PROFITS FOR MANY FIRMS
Leo Abruzzese |
Continued price-cutting by the nation's long-haul truckers has aggravated a rate war that is slashin
SPILL LIABILITY VOTE DEALS BLOW TO OIL CONCERNS
WILLIAM DiBENEDETTO |
Oil companies and oil carriers could be subject to unlimited liability for oil spills if a House pro
Maritime
ANALYSTS DOUBT GOLD'S ABILITY TO SUSTAIN RALLY
Tim Penn |
Speculative buying and traders' pent-up frustration lies behind the recent rise in gold prices, and
COMMODITY BRIEFS
From Wire and Staff Reports |
FERRUZZI DENIES ACTION AGAINST FORMER TRADERSFerruzzi France denied it was taking legal acti
CUSTOMS UPDATE
JOC Staff |
PRESIDENTIAL PROCLAMATION 6030, ANNEX I: FACT SHEET #3. Presidential Proclamation 6030, Section 242,
Maritime
AFRICANS STRUGGLE TO LURE INVESTMENT
(Reuter) |
Anxious about Africa's dwindling share of global investment, the continent's business leaders are pl
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
FRENCH INSURER TO TAKE CONTROL OF CHILEAN FIRMUnion des Assurances de Paris, or UAP, the lea
COURT DENIES MOVE TO BLOCK SEA CONTAINERS RESTRUCTURING
Journal of Commerce Staff |
The U.S. District Court in Washington this week denied a motion to block Sea Containers Ltd.'s $1.1
Maritime
AIR CANADA PROFIT CLIMBS
Journal of Commerce Staff |
Air Canada reported a 54 percent increase in third-quarter profit. Canada's largest airline
Air Cargo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
UK URGED TO CONTINUE TIGHT MONETARY POLICY
Knight-Ridder Financial |
The United Kingdom must continue to follow a tight monetary policy in its effort to control inflatio
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Greg Johnson - Managing Traffic 2B* Tim Sansbury - Coal Exports 7B
TRANSCISCO INDUSTRIES EARNINGS DECLINE
Journal of Commerce Staff |
Transcisco Industries Inc. reported third-quarter earnings of $633,000, or 14 cents a share, compar
Trucking News
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
MONTREAL FIRM REPORTS DROP IN ITS PROFIT
Journal of Commerce Staff |
Depressed railway traffic, weak markets for newsprint and the higher value of the Canadian dollar we
Rail News
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year11/9 11/8 Ch
UK LIMITS MILK SALES AFTER TAINTED FEED KILLS DAIRY CATTLE
(Ap) |
Britain Thursday banned milk sales by more than 900 farms because of lead- tainted feed that killed
CAR INSURER SUES MASS. OVER RULES
Journal of Commerce Special |
Commerce Insurance Co., a primary automobile insurer in Massachusetts, wants a state judge to rescin
REPORT PUTS DAMAGE FROM HUGO AT $4 BILLION
(Ap) |
The first comprehensive report on Hurricane Hugo's assault on South Carolina puts the damage at $4 b
JONES ACT CHANGES AHEAD?
WILLIAM DiBENEDETTO |
The Jones Act provisions protecting domestic shipping may be changed within the next year. T
Maritime
POSTAL SERVICE SEEKS CHANGES IN REMAIL FEES
Ira Breskin |
The United States Postal Service is seeking changes in international mailing rules so that charges t
Air Cargo
TRUCK INDUSTRY RILED UP BY TOLL HIKE IN MASS. TURNPIKE AGENCY DEFENDS MOVE
Michael S. Lelyveld |
The trucking industry is fuming over a decision to raise truck tolls on the Massachusetts Turnpike b
Trucking News
IMF VOTES CHILE PLAN JOURNAL OF COMMERCE SPECIAL
JOC Staff |
The International Monetary Fund has approved a one-year standby arrangement for the government of Ch
FOREST PRODUCT EXPORTS BOOM TREND SHOULD CONTINUE FOR SEVERAL MORE YEARS
Craig Dunlap |
Exports of forest products from the United States are booming, and industry experts expect the trend
PEOPLE - TRANSPORT
Wire and Staff Reports |
CSX TRANSPORTATION INC. (Baltimore) - Ralph L. Felter was named assistant vice president, automotiv
Rail News
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA COTTON ESTIMATE BEARISH FOR FUTURESThe U.S. Department of Agriculture's 1989-90 (August
GOLD OUTPUT RISES IN CHINA
P.T. Bangsberg |
China Thursday released more tantalizing but deliberately vague clues about its production of gold,
CHEMICAL BRIEFS
From Wire and Staff Reports |
JAPANESE FIBER MAKERS REPORT HIGHER SALESFour of seven major Japanese synthetic fiber produc
OLD PLASTICS FIND NEW USES
Akron Beacon Journal |
In terms of polluting the environment, plastics have gotten a bad rap, say some. The public
FINANCIAL BRIEFS
Wire and Staff Reports |
WORLD BANK SIGNS PHILIPPINE LOAN PACTSThe World Bank Thursday signed three loan agreements t
CALIF. PLAN FAVORS BIG SHIPPERS, TRUCK FIRMS
Mark Magnier |
Large shippers and well-managed motor carriers will have the upper hand while small, expensive truck
SHELL PLANS TO EXPORT MOST PRODUCTS FROM INNOVATIVE MALAYSIAN REFINERY
P.T. Bangsberg |
A pioneering plant to convert natural gas directly to petroleum products expects to export up to 80
GASOLINE MARKETERS GEARING UP TO COMPLY WITH NEW TANK RULES
Dave Higdon |
The booths at the Petroleum Marketers Association of America's just-concluded fall convention and tr
UPS AND AIRBORNE ARE EXPANDING THEIR AUSTRALIAN CARGO OPERATIONS
Vincent W. Stove |
The top U.S. air parcel and cargo carriers, United Parcel Service Inc. and Airborne Express Inc., ha
Air Cargo
HEALTH CARE PLANS FOR POOR DEBATED IN PENNSYLVANIA
Gilbert M. Gaul |
Lawyer Anne Torregrossa has learned a valuable lesson: It's one thing to come up with a plan for exp
THE ECONOMY
From Wire and Staff Reports |
PRODUCER PRICES ROSE 0.4 PERCENT IN OCTOBERA 1.4 percent increase in food prices pushed prod
COST OF CREDIT
JOC Staff |
Thu., Nov. 9, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
TURMOIL IN THE EAST BLOC LOOMS OVER EC CURRENCY UNION DEBATE
From Wire Reports |
The tumultuous events in the East bloc and talk of reunification of the two Germanies have brought a
HONG KONG GROUP SELLS TWO UNITS TO INCHCAPE
P.T. Bangsberg |
Hutchison Whampoa Ltd., one of the colony's largest and most diversified conglomerates, is selling t
Maritime
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