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FINANCIAL BRIEFS
From Wire and Staff Reports |
INTER-AMERICAN BANK TO CUT STAFF BY 10 PERCENTWASHINGTON - The Inter-American Development Ba
US RELIEF SHIPMENTS FLOWING TO ARMENIA
David F. White |
Soviet trade officials say that surface relief shipments to earthquake- stricken Armenia still are n
Maritime
MARITIME CALENDAR
JOC Staff |
Traffic Club of Philadelphia. 81st annual dinner. Jan. 10. Rep. James Florio, guest speaker. Hershey
Maritime
TINY PORT IN MAINE CHASES OFF SHOPS, LURES CRUISE SHIPS
Jon Jacobs |
The tiny port of Portland, Maine, proclaimed victory Thursday in a two-year struggle to preserve wat
VANCE APPOINTED NY FED CHAIRMAN
Journal of Commerce Staff |
Cyrus R. Vance was named a director, effective Jan. 1, and appointed chairman of the board of direct
THE JOURNAL OF COMMERCE SHIPPERS' CLIP AND SAVE SERVICE DOMESTIC AIRMAIL PACTS
JOC Staff |
WHAT IT IS: Contracts to carry domestic airmail are big, profitable business for the nation's airlin
Air Cargo
FREIGHT RATE FUTURES
JOC Staff |
Dec. 22, 1988 Baltic International Freight Futures Exchange*PrevClose High
Maritime
NEW MERCHANT BANK TO AID US EXPORTERS
Journal of Commerce Staff |
John M. Boles, former chairman of Boles World Trade Corp., formed a new firm patterned on classical
COMMODITY BRIEFS
From Wire and Staff Reports |
AMSTAR SUGAR CORP. SOLD TO TATE & LYLESTAMFORD, Conn. - Amstar Corp. said Thursday it has so
CHEMICAL BRIEFS
From Wire and Staff Reports |
DU PONT JAPAN VENTURE TO MAKE KEVLAR FIBERE.I Du Pont de Nemours & Co., Wilmington Del., sai
WORST AIRLINE DISASTERS
(Ap) |
Here is a list of the worst commercial aviation disasters worldwide: 1. March 27, 1977: 582
EC SUES 11 MEMBER STATES OVER PRODUCT LIABILITY LAW
(Ap) |
The European Community said Thursday it was suing nine member states for not enacting an EC law tigh
INSURANCE BRIEFS
From Wire and Staff Reports |
EC UNVEILS PLAN TO OPEN LIFE MARKETBRUSSELS, Belgium - The European Community's executive bo
POLICY CHALLENGES FACE SKINNER IN DOT POST
Journal of Commerce Staff |
President-elect George Bush Thursday picked Chicago Transit Authority chief Samuel K. Skinner to hea
US ARMS EXPORTS DECLINED IN 1987
(Ap) |
Overseas sales by U.S. arms manufacturers shrank significantly in fiscal 1987 despite a strong deman
Maritime
US MILLS LOOK TO EXPAND PAPER, PAPERBOARD CAPACITY
(Ap) |
U.S. paper mills plan to expand capacity for making paper and paperboard by an average of 3.3 percen
ALL NIPPON AIRWAYS POSTS GAINS IN FIRST FISCAL HALF
Journal of Commerce Staff |
Japan's largest domestic airline, All Nippon Airways, finished the first six months of its fiscal ye
Air Cargo
BALTIC FREIGHT INDEX
JOC Staff |
1523 (Dec. 22, 1988) Previous day - 1523 The Baltic International Freight Futures Exchange i
Maritime
PEOPLE - ELECTRONICS
Wire and Staff Reports |
INTERNATIONAL BUSINESS MACHINES INC. (Purchase, N.Y.) - IBM has realigned its Personal Systems line
FIRM ACCUSED OF DUMPING SEWAGE IN NY
Chris Dupin |
Susan Frank, the former commissioner of ports, international trade and commerce of New York City, ha
Maritime
CANADA, EC RESOLVE DISPUTE OVER WINE, BEER PRICING
Leo Ryan |
Canada and the European Community have resolved their longstanding dispute over discriminatory mark-
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
TWO NUCLEAR PLANTS GET NRC GO-AHEADThe Nuclear Regulatory Commission ruled Wednesday that th
EASTERN REMAINS TOP CARGO CARRIER IN PUERTO RICO
Larry Luxner |
For the fourth year in a row, Eastern Air Lines has ranked as Puerto Rico's most important air cargo
Air Cargo
VT. RAILROAD DEDICATES NEW SEGMENT
Journal of Commerce Staff |
The Central Vermont Railway has completed the rehabilitation of its newly acquired segment of the Co
Rail News
CONFERENCE IMPOSES BOMBAY SURCHARGE
Journal of Commerce Staff |
Maersk Line and American President Lines Ltd. will tack a 5 percent congestion surcharge on all carg
Maritime
MOVE OVER, BETTY GRABLE, THESE 'LEGS' WORTH MORE
Russ Banham |
He's not exactly the Six Million Dollar Man, but he's close. Peter Allen, the consummate son
VENEZUELA SEEKS $3 BILLION LOAN
(Reuter) |
Venezuelan President-elect Carlos Andres Perez is seeking a $3 billion bridge loan, mainly from the
PEOPLE - FINANCIAL
Wire and Staff Reports |
BSI-BANCA DELLA SVIZZERA ITALIANA (New York) - Harry B. Folk was named first vice president, corpora
1989 COULD BE BIG YEAR FOR EXPORTS TO S. KOREA
Josh Goldstein |
W.K. Lee has been the manager of Hyundai Corp.'s San Francisco office for only four days, but alread
Maritime
TAMPA PORT RECORDS NEAR-PEAK VOLUME, 20 PERCENT REVENUE BOOST
Journal of Commerce Staff |
The Port of Tampa had its second-highest year in cargo volume and a 20 percent boost in revenue in 1
Maritime
PLATINUM PRICES FIRM DESPITE FORD NEWS
Howard Simon |
The price of platinum has regained much of its nearly $100 an ounce loss to last week's announcement
PENN STATION: GENESIS OF A MOVEMENT
(Ap) |
It was a monument to the glory of the Roman Empire and the Pennsylvania Railroad, a great temple of
Rail News
BALTIC FREIGHT INDEX
JOC Staff |
1523 (Dec. 21, 1988) Previous day - 1518 The Baltic International Freight Futures Exchange i
Maritime
TRUCKERS IN ONTARIO FIGHT DEREGULATORY LEGISLATION
Andrew Tausz |
The Ontario Trucking Association is determined to continue its fight to derail the implementation of
Trucking News
CHASE JOINS BOARD OF NEW ORLEANS PORT
Journal of Commerce Staff |
Edgar Lawrence Chase III was sworn in as a member of the board of commissioners at the Port of New O
Maritime
HIGH-TECH CHRISTMAS CARDS TAKE CENTER STAGE IN JAPAN
(Ap) |
They stand up, they sing, they flicker. Ingenuity and high technology have led to some unusu
PEOPLE - COMMODITIES
From Wire and Staff Reports |
PHELPS DODGE CORP. (Phoenix, Ariz.) - Mark R. Mollison was elected assistant treasurer of the copper
JAPANESE TO TIGHTEN STOCK TRADING RULES IN WAKE OF SCANDAL
A.E. Cullison |
The Finance Ministry will significantly tighten regulations governing over- the-counter stock tradin
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
STANFORD ERICKSON'S - TRADE TALK
(By) Stanford Erickson |
INFERIORITY COMPLEX. For thousands of years, Henry Kissinger said, people have dealt with the Chines
Maritime
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