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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday April 22, 1998Prevailing sellers' posted prices at the close of business, represen
BRIEFS
From Wire and Staff Reports |
SHIPSCONTAINER BARGE MAKESFIRST TRIP TO PUERTO RICOJACKSONVILLE, Fla. - Trai
SWISS, ITALIAN RAIL SYSTEMS TO MERGE CARGO OPERATIONS
Robert Koenig |
One rail system has a reputation for running like clockwork, and the other is known for strikes and
UP HAS GOOD NEWS AND BAD NEWS FOR STB
Rip Watson |
Union Pacific Railroad reported continued progress in reducing freight congestion along rail routes
COUNTY FIRES CRANE OPERATING COMPANY
Kevin G. Hall |
County commissioners here have fired the gantry crane operating company at the Port of Miami tied to
CANADA'S 2 MAJOR RAILS POST STRONG PROFIT INCREASES
Journal Of Commerce Special |
Both Canadian major railways report strong first-quarter profit increases, citing healthy growth in
TRANSPORT BUDGET FLAP HEATS UP \ LAWMAKERS WORK ON 6-YEAR SPENDING PLAN
William Roberts |
President Clinton and Congress are heading for a showdown on the level of spending House and Senate
MEXICO'S ICA MAY PULL OUT OF UP PARTNERSHIP
Mary Sutter |
With the bidding for Mexico's third and final main-line railroad concession just weeks away, constru
BRIEFS
From Wire and Staff Reports |
PLANESVANGUARD SETS SAME-DAYSERVICE FOR PACKAGESKANSAS CITY, Mo. - Vanguard
SALE OF TRUCK UNIT BOOSTS NORFOLK SOUTHERN'S NET
Rip Watson |
Norfolk Southern Corp. Wednesday reported first-quarter net income of $229 million, or 61 cents a sh
PHILIPPINES BREAKS GROUND FOR AIRPORT
Journal Of Commerce Staff |
President Fidel Ramos broke ground for a $100 million international airport in the central Philippin
AVIATION SERVICE BEGINS TODAY OVER NORTH KOREA \ 43 FLIGHTS A WEEK TO CROSS AIR SPACE
P.T. Bangsberg |
Full commercial aviation services should begin today over North Korea, slashing the time and costs i
CARGO CARRIERS BLAST CLINTON PLAN TO FUND AIR TRAFFIC SYSTEM WITH USER FEES
Michele Kayal |
Cargo carriers may oppose a Clinton administration proposal to begin funding the air traffic control
FORWARDERS GROUP TO LINK UP WITH "VALUE CHAIN' COMPUTER INITIATIVE
Robert Koenig |
With a growing number of small freight forwarders hauling cargo for giant multinational customers, c
BRIEFS
From Wire and Staff Reports |
CANAL TO TRIM DRAFTAGAIN ON MAY 16NEW YORK - The Panama Canal Commission says draft will be
Maritime
SHIP BUSINESS IS IN HER SOLE
Patricia B. Demetrio |
For someone following in the footsteps of four generations of freight forwarders, it's no wonder tha
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ATLANTIC MARINE HOLDING CO.Cato F. Sverdrup was named president.He has been a board member s
Maritime
ROAD LESS TRAVELED: THE SHIFTING SHALLOWS OF GEORGES BANK, AND ONE WHO KNOWS THEM
Tom Baldwin |
The morning muster slumps at the rail station and waits in a numb commuter's daze to ride the 6:32 s
Maritime
JAMAICAN APPAREL MAKERS FACE MORE PAPERWORK \ CUSTOMS FEARS PROBLEMS WITH TRANSSHIPMENTS
Paula L. Green |
U.S. importers of millions of dollars of Jamaican shirts will soon have to jump through an extra hoo
Maritime
LABOR SECRETARY SEES SWEATSHOP EXHIBIT
Carl Hartman |
Labor Secretary Alexis Herman appeared Wednesday at a controversial exhibit on 178 years of sweatsho
Maritime
QUOTE TO NOTE
Sergio Marchi, Canada's international trade minister, |
'Managed trade is not free trade. And managed trade is a one-way trade. And one-way trade is dead-en
Maritime
UN AGENCY: US EXPORTS TO TAKE A TUMBLE IN '98
John Zarocostas |
The effective appreciation of the dollar and the spillover effects of the Asian crisis are likely to
Maritime
CANADA CONSIDERS TAKING US TO TRADE COURT OVER STUDS RULING
Vipal Monga |
Canadian Trade Minister Sergio Marchi said Wednesday Canada could always go to a North American Free
Maritime
TRADELEADS
The Journal of Commerce Tradeleads appear daily and on |
OFFERS TO BUY* RAW MATERIALS. We will need the following raw materials in the long term: 1.
Maritime
BRIEFS
From Wire and Staff Reports |
DEUTSCHE BANK-AEGONMERGER IS DENIEDLONDON - A report in Belgian newspaper De Financieel Econ
EARNINGS
From Wire and Staff Reports |
MARSH & MCLENNANBOOSTS REVENUE 37 PERCENTNEW YORK - Marsh & McLennan Cos. reported that reve
WORLD FABRIC, YARN PRODUCTION ROSE IN QUARTER \ BOOST IN STOCKS SPELLS CUT IN EXCESS CAPACITY
John Zarocostas |
World yarn production increased by 2.3 percent and fabric output rose by 4.6 percent in the fourth q
Maritime
COURT BACKS IRS IN P/C DISPUTE
Staff And Wire Reports |
The Internal Revenue Service won a billion-dollar victory on Tuesday as the Supreme Court resolved a
SENATOR VOWS CHANGE TO LIABILITY LAW COVERING CARGO DAMAGED OR LOST AT SEA
Tim Sansbury |
A key U.S. senator said she is determined to modernize the 60-year-old law governing ship owners' li
JOHN HANCOCK TAKES A BIGGER PIECE OF MALAYSIAN SUBSIDIARY
P.T. Bangsberg |
The overseas arm of John Hancock Mutual Insurance Co. in Boston wants a bigger presence in Malaysia,
NEW HAVEN RESIDUAL FUELS
JOC Staff |
April 22, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 25.0
BRIEFS
From Wire and Staff Reports |
GROWING TRADE DEFICITWITH CHINA WORRIES USHONG KONG - The swelling U.S. trade deficit with C
Maritime
WEAK METAL PRICES TRIM FALCONBRIDGE PROFIT
Paul Simao |
Canadian mining giant Falconbridge Ltd. this week blamed slumping base metal prices and continued pe
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApril 20, 1998 Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
April 21, 1998Included are list prices of suppliers. Quotations do not necessarily represent
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 225.96 up 0.86 whi
GASOLINE PRICES
JOC Staff |
April 21, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNL
NEW HAVEN RESIDUAL FUELS
JOC Staff |
April 21, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 25.0
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - April 20, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday April 21, 1998Prevailing sellers' posted prices at the close of business, representi
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