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RISE OF S. KOREAN WON HAS STALLED RECENTLY, BUT LULL MAY NOT LAST
Knight-Ridder Financial |
The rapid appreciation of the won against the U.S. dollar appears to have stalled over the past two
'GATT IS DEAD' COMMENT SHOCKS MANY
(Reuter) |
"GATT is dead." The distinguished audience at the World Economic Forum at this Swiss ski res
Maritime
MACHINE TOOL ORDERS RISE IN MONTH, YEAR
Journal of Commerce Staff |
U.S.-built machine tool orders climbed again in December, closing out a year that saw a 69.5 percent
BUSH MOVES ON PLAN FOR ECONOMY
John Boyd |
George Bush began his presidency by moving on several economic issues at once, making some deft move
TAKEOVER BID FOR ILLINOIS CENTRAL GIVES STOCK A LIFT
Howard S. Abramson |
Wall Street reacted warily Friday to a bid to buy all of Illinois Central Transportation Co. for $20
SPOT CRUDE RALLY ENDS IN A 50-CENT TUMBLE
Bruce Barnard |
The European oil spot market was engulfed in bearish sentiment Friday with North Sea crude stumbling
ENERGY BRIEFS
From Wire and Staff Reports |
KUWAIT DENIES CHARGE OF QUOTA VIOLATIONSKuwaiti Oil Minister Sheikh Ali al-Khalifa al-Sabah
DOUGLAS SAYS STRONG 1988 TO CARRY OVER
Bill Mongelluzzo |
McDonnell Douglas Corp., one of the world's three major manufacturersof commercial aircraft, is proj
Air Cargo
ELECTRONICS BRIEFS
From Wire and Staff Reports |
NATIONAL SEMICONDUCTOR EARNINGS WILL FALLSANTA CLARA, Calif. - National Semiconductor Corp.
CELLULAR PHONE INDUSTRY SETTLES STANDARDS DISPUTE
(Ap) |
The booming cellular phone industry has settled on a transmission standard for the future that shoul
ELECTRONIC LINKS TETHER BROKERS, OCEAN CARRIERS
Tony Seideman |
Automation is gathering increasing momentum in the freight forwarding business, with key companies e
VA. PORT AUTHORITY POSTS 15 PERCENT INCREASE IN CARGO
Journal of Commerce Staff |
Cargo volume through the Port of Hampton Roads increased by 15 percent in 1988, according to year-en
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
RAIL TRAFFIC SUMMARY FOR 1988 IS AVAILABLEAtlantic Systems Inc., a New York consulting firm
Rail News
EVERGREEN'S 22-SHIP ORDER LIKELY TO GO TO JAPANESE
Gloria Joseph |
Officials at Evergreen Marine Corp. (Taiwan) and a Japanese shipyard are reportedly close to signing
Maritime
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
ASIA-TO-US CAPACITY CUTBACKS FACE DELAY
WILLIAM DiBENEDETTO |
The Federal Maritime Commission has decided to delay for about a month the effective date of a capac
UK CONSIDERS US-LIKE SYSTEM FOR LEGAL FEES
Edwin Unsworth |
Are U.S. trial lawyers doing the general public an injustice in the way they operate to win multimil
NO-FAULT AUTO SYSTEM IS PROPOSED IN CALIFORNIA
Journal of Commerce Staff |
California Assemblyman Pat Johnston, D-Stockton, has introduced legislation to create a state no-fau
NY OCEAN FREIGHT FORWARDERS SEE GOOD YEAR
Jon Jacobs |
Ocean freight forwarders in the New York and New Jersey port region, citing a surge in exports and t
CUSTOMS SERVICE PUTS BROKER ON SUSPENSION
Journal of Commerce Staff |
The U.S. Customs Service suspended temporarily the authority of Lawrence C. Melilli of New York City
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
VOTAINER BEGINS NEW EUROPEAN SERVICECHARLESTON, S.C. - Votainer Consolidation Services (Sout
Maritime
HONG KONG PORT CARGO, SHIP CALLS UP IN '88
P.T. Bangsberg |
Port traffic in the third quarter of 1988 showed a healthy increase over the corresponding 1987 peri
Maritime
ELECTRIC BOAT LOSING WORKERS DISSATISFIED WITH NEW CONTRACT
(Ap) |
A majority of the more than 1,000 blue-collar workers who have left their jobs at Electric Boat in t
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
DU PONT TO PRODUCE FLUOROAROMATICSWILMINGTON, Del. - E.I. du Pont de Nemours & Co. announced
UK SEEKS TO EASE WESTERN TRADE TO EAST
(Reuter) |
British politicians called Thursday for a major shake-up of Western export restrictions to the Easte
Maritime
DOLLAR, POUND STERLING BOTH HEADING FOR FALL, ECONOMIST PREDICTS
Gordon Platt |
The pound sterling and the U.S. dollar both are heading for a fall, said Richard O'Brien, senior vic
CUSTOMS UPDATE
JOC Staff |
HARMONIZED SYSTEM - FOOTWEAR. With the implementation of the Harmonized System, various existing Cus
Maritime
MITSUI REPORTS OPERATING PROFIT
Bill Mongelluzzo |
Mitsui O.S.K. Lines has reported its first operating profit in three years, indicating a return to h
Maritime
SOVIETS TO INVEST HARD CURRENCY IN US COMPANY
Mark Magnier |
In the first apparent deal of its kind, three Soviet companies are investing in a California joint v
PEOPLE - ENERGY
From Wire and Staff Reports |
CSX CORP. (Richmond, Va.) - William V. McHugh was named president and chief executive officer of Yuk
CHEMICAL MARKETS GENERAL CHEMICAL HIKES DRY ALUM PRICE
Journal of Commerce Staff |
Air Products & Chemicals Inc. will increase prices for all of its industrial and medical gas product
FORWARDERS CHIEF URGES REALIGNMENT
Jon Jacobs |
The chairman of the trade association that represents freight forwarders in the New York and New Jer
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
FEDERAL EXPRESS SEEKS TO OPERATE TIGER RUNSMEMPHIS, Tenn. - Federal Express Corp. said it ha
Air Cargo
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
APPAREL IMPORTS SURGED IN NOVEMBER
William Armbruster |
Apparel imports surged in November as U.S. buyers and foreign manufacturers sought to use up quotas
ELECTRONICS BRIEFS
From Wire and Staff Reports |
PEROT SYSTEMS OPENS BRANCH IN TROY, MICH.Texas billionaire H. Ross Perot, the nemesis of Gen
CONRAIL'S NEW CHIEF EXECUTIVE EXPECTS TRAFFIC GROWTH TO CONTINUE
Lawrence Kaufman |
Consolidated Rail Corp.'s new chief executive told securities analysts here Wednesday that the compa
Rail News
PEOPLE - MARITIME
From Wire and Staff Reports |
AMERICAN ADMIRALTY BUREAU LTD. (New Orleans) - Peter A. Low was appointed director of commercial lit
Maritime
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