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BRIEFS
From Wire and Staff Reports |
PHILIPPINE CHIEF OKSPORT RATE REDUCTIONMANILA - President Fidel Ramos has approved a cut in
Maritime
BRIEFS
From Wire and Staff Reports |
OCCIDENTAL NET HARD-HITBY DROP IN OIL, GAS PRICESNEW YORK - Occidental Petroleum Corp. said
US TRADE DEFICIT RISES WITH CANADA, MEXICO
Richard Lawrence |
The sharp rise in the U.S. trade deficit with Canada and Mexico in May is adding more fuel to the gr
DOLLAR'S FORMIDABLE GLOBAL POWER DRAWS MIXED REVIEWS FROM ABROAD
Gordon Platt |
The effects of the strong dollar are being greeted with cheers and jeers around the world, from Euro
COST OF CREDIT
JOC Staff |
Friday, July 18, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
A.P. MOLLER UNIT, CABLE & WIRELESS JOIN TO FORM INFO-TECH SERVICES FIRM
Janet Porter |
The data processing subsidiary of the A.P. Moller shipping and shipbuilding group is teaming up with
Maritime
CRYING OVER MISSING MILK: "SHORT-FILLING' OF CARTONS STUDIED
Curt Anderson |
Four out of 10 times, consumers get less milk and juice than promised on cartons, the government sai
DAILY PETROLEUM PRICES
JOC Staff |
Friday July 18, 1997Prevailing sellers' posted prices at the close of business, representing
JAPANESE PLANNING AGENCY REPORTS ECONOMY IS NEARING A FULL RECOVERY
Reuters |
In the Japanese government's strongest official assessment of the economy in the last five years, th
CANADA BANK TO ANNOUNCE OPPENHEIMER ACQUISITION
Reuters |
Canadian Imperial Bank of Commerce is set to announce this week that it will acquire midsize U.S. br
RIVALS BATH, INGALLS MAY END UP SHARING OWNER
Associated Presss |
Bath Iron Works and its chief rival in Mississippi remain tight-lipped about published reports that
Maritime
TOP GE EXECUTIVE LOBBIES NEW YORK ON PCB ISSUE
Michael Hill |
General Electric Co.'s top executive told New York Gov. George Pataki it might be too soon to tally
DOT DECISION ON LYKES FRUSTRATES MARITIME UNION
Journal Of Commerce Staff |
The National Maritime Union said it is ''extremely disappointed'' that Transportation Secretary Rodn
US AIRWAYS, PILOTS NOWHERE NEAR FRIENDLY SKIES IN CONTRACT NEGOTIATION
Andrew Blum |
Rough-and-tumble contract talks between US Airways and its pilots are getting rougher.On Thu
NORTH-SOUTH TRADE GROWS \ REFORM EFFORTS HELP FUEL GROWTH OF LATIN AMERICAN TRAFFIC VOLUME
Kevin G. Hall |
With a vibrant U.S. economy and Latin America returning to strong economic growth, trade lanes from
BRIEFS
From Wire and Staff Reports |
TRANSPORT GROUP SLAPSDEFIANT RUSSIAN UNIONLONDON - The International Transport Workers' Fede
MARINE TERMINALS CORP. WINS AWARDS FOR ACCIDENT PREVENTION
Journal Of Commerce Staff |
Officials of West Coast terminal operator Marine Terminals Corp. has received safety awards from the
Maritime
US FARM TRADE SURPLUS FELL TO $1.061 BILLION IN APRIL
Reuters |
The U.S. trade surplus in agricultural commodities was $1.061 billion in May, down from $1.440 billi
Maritime
MAY EXPORTS, SEASONALLY ADJUSTED
US. Census Bureau talbes, adapted by Paul Schaffer |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1996 1995 Mil. $ Mo. Back
Maritime
LATIN PORTS MOVING AHEAD, BUT MISSING THE EDI BOAT \ WATERFRONTS LACK MAINFRAME LINK
Kevin G. Hall |
Many ports in Latin America have streamlined operations and boosted their productivity and efficienc
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS \ (CENSUS BASIS _ IN MILLIONS OF DOLLARS)
U.S. Commerce Department |
May 1997 April 1997 Cumulative 1997 Exports* Imports** Export* I
Maritime
BRAZIL'S PORTS GOING PRIVATE \ FAST-TRACK PROCESS TO CONVERT 36 FACILITIES
Charles W. Thurston |
Brazil, the largest economy in South America, plans soon to tap the private sector to augment its co
PEOPLE ON THE MOVE
From Staff Reports |
INSURANCE SERVICES OFFICEJohn K. Kramer joined the insurance data company as senior vice pre
MAY IMPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables adapted by Paul Schaffer |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1996 1995 Mil. $ Mo. Back
Maritime
BARGES PLY NEW WATERS \ ACBL SINKING $5 MILLION INTO S. AMERICA'S PARANA-PARAGUAY
Dan Molinski |
American Commercial Barge Line is expanding its operations in South America, hoping that in the not-
A HUB IN THE CARIBBEAN \ BAHAMIAN PORT OF FREEPORT AIMS TO LINK UP WITH REGION'S AIRPORT
Canute James |
Ships only began calling at the new container terminal at Freeport in the Bahamas in May, but port o
HARBOR CONCESSION LAW IN FINAL STAGES \ WAY MAY SOON BE CLEARED FOR BIDS ON 10 FACILITIES
Charles W. Thurston |
Chilean authorities are about to clear a final legal hurdle in their efforts to privatize 10 of the
LATIN AMERICA: BEGINNERS IN LUCK \ MANY SMALL, MIDSIZE US FIRMS FIND GOLDEN OPPORTUNITIES ABOUND
Paula L. Green |
Small and midsize U.S. companies eager to seal their first foreign deal are frequently looking south
URUGUAY MOVING ON PRIVATIZATION \ BIDS DUE FOR 30-YEAR CONTAINER TERMINAL CONCESSION
Larry Luxner |
The Uruguayan government is scheduled to open bids July 29 for the privatization of container termin
2ND LIFE SEEN FOR RAIL IN WYOMING
Associated Press |
Private operation of a short rail line targeted for abandonment by Union Pacific is feasible with an
BRAZIL REDRAWING MAPS OF TRANSPORT CORRIDORS \ NATION AIMS TO STIMULATE EXPORT GROWTH
Charles W. Thurston |
Brazil is redrawing the maps of its regional intermodal transportation corridors, aiming to foster n
SEEKING A CENTRAL ROLE \ PORT OF HAINA UPGRADES, MULLS CONSTRUCTING A LARGER FACILITY
Canute James |
The Dominican Republic has traditionally claimed a central place in the maritime history of the Amer
SAN JUAN PURSUING BIGGER CARGO ROLE \ PORT AUTHORITY PLANNING TRANSSHIPMENT CENTER
Larry Luxner |
As this Caribbean island prepares to mark the 100th anniversary of the arrival of U.S. troops during
IC RAIL EYES MEXICO SERVICE \ GULF BARGE WOULD LINK MOBILE, COATZACOALCOS
Janet Plume |
Less than three years after Burlington Northern Santa Fe abandoned its 18-month effort to operate a
ENSENADA DEVELOPER HAS OTHER INTENTIONS
Mary Sutter |
Early on in the privatization process, the Pacific Coast port of Ensenada was billed by some Mexican
PANEL WEIGHS MULTIMODAL RATES \ SHIP LINES SAID TO USE FUNDS FOR UNNEEDED INLAND INFRASTRUCTURE
Angelo Scorza |
A committee of experts examining multimodal freight rates in Europe has concluded that through tarif
THE BOEING-MCDONNELL MERGER LOOKS VERY DIFFERENT THROUGH EUROPEAN EYES
Michele Kayal |
When is a merger not just a merger? When regulators look at it through different colored glasses.
MAINLY MADE IN THE USA, COUNT ON IT
Paula L. Green |
Pushed by globalization and the increasingly fuzzy line between domestic and foreign-made products,
LATIN FEVER
JOC Staff |
Photo only
INDIA STANDS FIRM ON PHASEOUT TIME FOR IMPORT CURBS
N. Vasuki Rao |
- India is hoping to convince the United States and other major trading nations that its offer of a
Maritime
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