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AIR PRODUCTS BUYING ICI UNIT
Journal Of Commerce Staff |
Air Products and Chemicals Inc. said this week it will buy the worldwide ethyl and higher amines bus
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 21, 1997Prev. Life of Contr. Open Open High Low
BOEING TO TAKE ON EU IN DEFENSE OF MERGER
Bruce Barnard |
Boeing will go to Brussels next month and defend its acquisition of McDonnell Douglas.The me
PRIVILEGES MAY BE LOST
Richard Lawrence |
Come midnight May 31, U.S. importers will again start paying tariffs on thousands of goods that no
TEXACO MAY TAP TOTAL AS FRENCH REFINING AND MARKETING PARTNER
David Chance |
Texaco Inc. may seek a French partner to shore up its struggling European refining and marketing bus
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALESSaleDate Vessel Year Price
TEAMSTERS HALT UPS CONTRACT TALKS, WILL HONOR PICKET LINES
Reuters |
The Teamsters have broken off contract talks with United Parcel Service and will honor picket lines
BRIEFS
From Wire and Staff Reports |
FLOODING LAWSUIT SETTLEDWITH DREDGING COMPANYCHICAGO - The last of one batch of lawsuits res
SEA LAW - PETER D. CLARK \ HULL POLICY COVERAGE IS SUBJECT TO "PERILS OF THE SEAS' INTERPRETATION
Peter D. Clark |
Marine hull insurance affords shipowners protection against physical damage and losses to their ve
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
ARCO PLANS OFFSHORE WELLNEAR ALASKAN SANCTUARYANCHORAGE - Arco Alaska Inc. plans to drill cl
PACIFIC BASIN GROUP FAILS TO AGREE ON SERVICES
P.T. Bangsberg |
Members of the Pacific Basin Economic Council failed to reach common ground at their annual meeting
Maritime
EPA UNDER PRESSURE
Arthur Gottschalk |
Federal regulators are under mounting pressure to abandon proposed clean air rules that opponents sa
PEOPLE ON THE MOVE
From Wire and Staff Reports |
A-MARI-TRANSMichael J. Schuller was appointed chief operating officer of this ocean forwardi
MERGED LINE OF P&O, NEDLLOYD POSTS LOSS
Bruce Barnard |
P&O Nedlloyd, the container shipping line, said Wednesday it lost $31 million in its first three mon
FREIGHT RATE FUTURES
JOC Staff |
May 21, 1997Baltic International Freight Futures Market Prev.Close High Low
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
CHINA'S WTO APPROACH NOW IN A HOLDING PATTERN \ NATION WITHHOLDS ANY GESTURES OF TARIFF CUTS
John Zarocostas |
Talks to bring China into the World Trade Organization are at a standstill.According to a co
MARCH EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
TRADE GROUP TO STUDY DISPUTE RESOLUTIONS
Kevin G. Hall |
The Organization of American States' trade unit has given hemispheric trade ministers a collection o
Maritime
RUBIN UNVEILS PLAN ALLOWING LIMITED MERGERS
Margo D. Beller |
Treasury Secretary Robert Rubin unveiled a plan Wednesday that would allow banks, insurers and secur
BRIEFS
From Wire and Staff Reports |
SHIPSOPERATING REVENUE FALLSAT EVERGREEN MARINETAIPEI - Evergreen Marine Cor
3RD PARTIES KEY TO IBM PROGRAM
Chris Isidore |
When IBM Corp. started designing a logistics management software package, its executives pictured
HONG KONG AIRPORT PROJECT IS ON SCHEDULE _ REALLY
Mark Magnier |
The mammoth Chek Lap Kok Airport is on schedule for a much celebrated opening day in April 1998. But
UNIONIZED UPS EMPLOYEES PLAN UNITY RALLIES
Chris Isidore |
Unionized employees of United Parcel Service from around the world will hold labor-unity rallies at
API WEEKLY REPORT \ GASOLINE INVENTORIES UP FROM PREVIOUS WEEK'S MARK
Journal Of Commerce Staff |
U.S. gasoline inventories rose by 800,000 barrels in the week ended May 16 compared with the previou
US ANGRY AT FRANCE OVER DEAL WITH IRAN \ FRENCH DEFEND MOVE AS LEGAL AND PROPER
Michael S. Lelyveld |
A long-delayed but serious blowup is looming between the United States and France over a pending mul
Maritime
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* STEEL. Ref: 3762. LPG cylinder steel sheets, pickled and oiled. Quality: BS 5
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, May 21, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
ALLEN WASTLER, JOFC TRANSPORT EDITOR, JOINING CNN INTERNET
Journal Of Commerce Staff |
Allen R. Wastler, transportation editor for The Journal of Commerce, is resigning from the newspaper
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CONSOLIDATED FREIGHTWAYSJoseph J. Schillaci was named executive vice president of sales and
MARCH IMPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
JUDGE TOSSES COSCO ANOTHER SETBACK LONG BEACH TERMINAL NOW IN DOUBT
Bill Mongelluzzo |
Efforts by the Port of Long Beach to build a container terminal on the site of a former Navy station
GOOD NEWS ON TRADE, JAPAN RATES FEED DOLLAR
Wire And Staff Report |
The U.S. dollar rose Wednesday after the release of better-than-expected U.S. trade data for March a
US EXPORTS HIT RECORD ONCE AGAIN IN MARCH \ DIP IN DOLLAR EXPECTED TO SPUR OVERSEAS SALES
Richard Lawrence |
U.S. exports in March soared to another record high as they outpaced imports and trimmed the trade d
AMERICANS LIKE TO CHAT _ AND HAVE THE TELECOM TRADE GAP TO PROVE IT
Gordon Platt |
Not only is the United States a nation of gabbers, but U.S. consumers pay 99 cents a minute - six ti
Maritime
MASSACHUSETTS INSURERS HOPING FOR TAX BREAK
Tom Mcniff Jr. |
Domestic life and property/casualty insurers in Massachusetts are hoping they applied to state legis
FLORIDA CHIEF REJECTS "UNBELIEVABLE' RATE HIKE REQUEST FROM STATE FARM
Associated Press |
Touching on the struggle homeowners have faced getting affordable coverage since Hurricane Andrew, F
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 21, 1997Quotations are based on prices reported in the market or obtained from sup
BRIEFS
From Wire and Staff Reports |
AUTOMAKERS CONCERNEDOVER ALUMINUM PRICESATLANTA - As auto producers mull production of alumi
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