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RAIL INDUSTRY NOT IMPRESSED BY NEW BUDGET
Howard S. Abramson |
Most railroad industry insiders shrugged off the proposed federal budget for fiscal 1990 as soon as
Rail News
SHIPPER BRIEFS
From Wire and Staff Reports |
WISCONSIN TISSUE MILLS ACQUIRES CPS DIVISIONMENASHA, Wis. - Wisconsin Tissue Mills Inc. has
Transport, Trade and Regulation News
US PEA BEAN TAKES ROOT IN ZIMBABWE
Remer Tyson |
Michigan's old standard, the pea bean, has become a popular new item in Zimbabwe. The pea be
CALIF. CAUGHT IN TRADE WAR CROSS-FIRE
Mark Magnier |
California exports virtually no hormone-treated beef to Europe and lies 3,000 miles from the nearest
AVIATION BRIEFS
From Wire and Staff Reports |
INVESTIGATORS SAY BOMB LOADED ON PLANE IN UKBONN - British investigators believe the bomb th
Air Cargo
POLITICS STALLS AEROLINEAS MERGER
George De Lama |
When many Argentines look at Aerolineas Argentinas, the national airline, their thoughts run to comp
Air Cargo
INSURANCE BRIEFS
From Wire and Staff Reports |
ADVANCE COMPENSATION PAID IN UK RAIL CRASHBritish Rail will pay 10,000 (US$18,000) in immed
CORRECTION
JOC Staff |
An article that appeared in The Journal of Commerce Jan. 5 on Page 1B under the headline, Oakland OK
Maritime
LARRY KAUFMAN'S - INSIDE TALK - ON TRANSPORTATION
Larry Kaufman |
RAILROAD INDUSTRY HOPES for any congressional action on changes in Federal Employees Liability Act l
Trucking News
SOME TRADERS QUESTION STRENGTH OF US DOLLAR
Kevin Commins |
Currency traders and economists are uncertain whether the recent rally in the U.S. dollar will conti
COMMODITY BRIEFS
Wire and Staff Reports |
SOVIET WHEAT SALES REACH 760,000 TONSWASHINGTON - The Soviet Union's recent purchase of 300,
CHALLENGE ISSUED ON WORK IN HOMES
(Ap) |
Three national unions and two states are asking a federal court to block government regulations lift
Maritime
US IMPORTERS, EXPORTERS EYE GRACE-PERIOD ACCORD
Rose A. Horowitz |
U.S. importers and exporters say they're encouraged that the U.S. and the European Community are nea
ARGENTINA TAKES STEPS TO CUT POWER USAGE
Richard Kessler |
The Argentine government late last week ordered a series of emergency measures to reduce consumption
LARGE DRUGSTORE CHAINS PRIME EDI CANDIDATES
Torrey Byles |
The pharmaceutical industry began using electronic data interchange primarily to serve the wholesale
IMPORT BRIEFS
Wire and Staff Reports |
EC FINDS NO EVIDENCE OF PHONE DUMPINGBRUSSELS, Belgium - The European Community Commission h
Maritime
AUTOMAKING RESUMES AFTER HOLIDAY BREAK
From Wire Reports |
Domestic automakers were scheduled to produce 171,936 cars and light trucks during the week ended De
SOVIETS OPTIMISTIC ON FORD EXPORTS
Paul A. Eisenstein |
The Soviet ambassador to the United States Friday said he is optimistic his country will soon comple
SPOT PRODUCT PRICES
JOC Staff |
Jan. 6, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENERGY BRIEFS
JOC Staff |
FAR EAST BUYERS PAY MORE FOR MEXICAN OILPrices for Mexican crude sold to the Far East were u
UNDERWATER CHECKS REVEAL NO HAZARDS IN NYC SPANS
(Ap) |
A year of underwater inspections found 19 of 27 city-owned bridges will need minor repairs but none
Trucking News
KOREAN LINES BACK IN BLACK
Hannah Moore |
Although South Korea's shipping industry recorded an overall profit in 1988 for the first time in se
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
MARYLAND SIGNS PACT WITH US EX-IM BANKBALTIMORE - The Maryland Department of Economic and Em
SAUDI ARABIA WILL BUY BRADLEY ARMORED VEHICLES
(Ap) |
Saudi Arabia has agreed to a $550 million contract to buy American-made Bradley Fighting Vehicles, a
Maritime
UNDERGROUND ECONOMY COSTS MEXICO MILLIONS
(Ap) |
The government lost an estimated $200 million in income and sales taxes last year as a result of the
Maritime
FOREST INDUSTRY, PORTS TEAM UP IN MARYLAND
WILLIAM DiBENEDETTO |
Casting about for ways to increase exports sometimes amounts merely to looking in one's own backyard
Maritime
US JOBS REPORT SHOWS STEADY ECONOMY
From Wire Reports |
Economists assessed the 0.1 percent dip in the December unemployment rate as another sign of moderat
PLASTICS CORNER RUCO HIKES POLYESTER, COATING RESIN PRICES
Journal of Commerce Staff |
Ruco Polymer Corp. will increase its prices on selected Rucoflex polyesters and Rucote powder coatin
WEEK FINISHES ON BULLISH NOTE IN LONDON, NY
Journal of Commerce Staff |
Oil markets ended a week of gains to finish Friday at the highest levels seen in months in London an
BP AMERICA PLANS TO USE SINGLE BRAND NAME IN US
(Reuter) |
BP America Inc., the U.S. unit of British Petroleum Co. PLC, plans to replace the various brand name
SHIP SCRAPPING PLUNGED IN '88
JANET PORTER. Journal of Commerce Staff.(Craig Dunlap in |
Only three tankers and combination carriers were sold for scrap during the last two months of 1988 a
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 6, 1989 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
US TUNA FLEET SHRINKS
Bill Mongelluzzo |
U.S. builders of tuna ships have little choice but to seek foreign customers. A series of ev
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDIS CUT SUPPLIES TO JAPAN BY 10 PERCENTSaudi Arabia has notified Japanese long-term crude
BAR CODES ARE AT CORE OF AUTOMATION DRIVE FOR PARKER BROTHERS
Tony Seideman |
Parker Brothers Inc. is so enthusiastic about automation that the company is planning to bar code it
S. KOREAN FIRMS SET TO OPEN NEW BAG OF MEMORY CHIPS
(Reuter) |
South Korea's electronics companies were once just bright pupils eager to learn under foreign tutela
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
W. LEYRER KILLED IN PAN AM CRASHWilliam Leyrer, a vice president with freight forwarder Univ
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1578 (Jan. 6, 1989) Previous day - 1555 The Baltic International Freight Futures Exchange in
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
JOHN LAWE, PRESIDENT OF UNION, DIES AT 69John Lawe, the one-time bus cleaner who became pres
Rail News
MATLACK SYSTEMS INC. TURNED A PROFIT IN 1988
JOC Staff |
Matlack Systems Inc. reported income of $1.4 million, or 26 cents a share, on revenue of $230.2 mill
Trucking News
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