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QUOTE TO NOTE
Joe Freeman, Chief executive, Lykes Bros. Steamship Co. |
''This is a critical situation, not in terms of weeks, but in terms of days.''
Maritime
MORE FUNDS SOUGHT TO CONVERT WASTE SITES
Margo D. Beller |
The Clinton administration is making a big push for an additional $50 million in next year's budget
VOLCKER: FED A LOGICAL CHOICE FOR OVERSIGHT
Margo D. Beller |
The former chairman of the Federal Reserve Board told a House committee Wednesday the Fed should bro
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 14, 1997Prevailing sellers' posted prices at the close of business, representi
BA CARGO UNIT WORKERS VOTE FOR 2-YEAR PAY FREEZE, JOB CUTS
Journal Of Commerce Staff |
Employees at British Airways World Cargo have voted overwhelmingly in favor of plans for job reducti
EQUIS BATTLES TO TAKE THE WHEEL AT PLM
Peter Tirschwell |
A battle is taking shape for control of transport equipment lessor PLM International following a hos
BRITISH-CANADIAN OIL DEAL WITH IRAN SPURS US PROBE
Michael S. Lelyveld |
The State Department is investigating a British-Canadian deal with Iran even as supporters of U.S. s
BRIEFS
From Wire and Staff Reports |
MAINE YANKEE PLANT MAYGET NEW OWNER SOONPORTLAND, Maine - Maine Yankee could be getting a ne
LATIN AMERICA LAUNCHING ITSELF INTO CYBERSPACE \ MANY SUPPLIERS START PROMOTING VIA NET
Kevin G. Hall |
If Iqbal Talib has his way, automobile parts maker Bosch and other companies will soon be displaying
Maritime
TRADE WAR LOOMS OVER MERGER, MCDONNELL DOUGLAS CHIEF SAYS
Associated Press |
A key European official is trying to block the merger of two U.S. aircraft giants and could set off
Maritime
GASOLINE ADDITIVE BILL FUELS FIGHT
Bridge News |
Passage by California's Senate Environmental Quality Committee Monday of a compromise bill authorizi
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in June sponsored by
2 JAPAN LINES TO RESUME DIVIDENDS
Journal Of Commerce Staff |
Japan's Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. will resume dividend payments in the
HANJIN TO OFFER JAPAN-INDONESIA EXPRESS SERVICE
P.T. Bangsberg |
South Korea's Hanjin Shipping Co. expands its Asian services Saturday with a new Japan-Indonesia exp
JAPAN SAYS MARCH'S SURPLUS DROP IS TEMPORARY
Reuters |
Japan's current account surplus shrank a sizable 17 percent in March from a year earlier, but the dr
INDIAN GOVERNMENT GETS STATIC OVER BROADCAST MOVE
N. Vasuki Rao |
An Indian government move to open, while carefully controlling, the broadcasting sector has set off
Maritime
EUROPEAN NATIONS COLLECT THE GIFT OF SUBSTANTIAL FOREIGN INVESTMENT
Grog Smosarski |
Europe grabbed the largest portion of worldwide direct foreign investments that totaled $315 billion
Maritime
BRIEFS
From Wire and Staff Reports |
CLOTHING GIANT LATESTTO JOIN SWEDISH EXODUSSTOCKHOLM - Clothing chain Hennes and Mauritz has
Maritime
BRIEFS
From Wire and Staff Reports |
POLLUTION EXCLUSION LAWVETOED IN INDIANAINDIANAPOLIS - Indiana Gov. Frank O'Bannon vetoed a
SPOT COMMODITIES
JOC Staff |
May 14, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
US, MEXICO PLAN JOINT POWER GRID
Mary Sutter |
A Mexican -U.S. technical group for energy will meet this October in Phoenix to discuss interconnect
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 13, 1997Prev. Life of Contr. OpenOpen High Lo
CITY "OUTRAGED' OVER GASOLINE PRICES \ ANTITRUST HEARINGS PLANNED AS REPORTS REVEAL LA PAYS LESS
Associated Press |
San Francisco Bay area drivers are paying 10 cents to 20 cents more a gallon than Los Angelenos, and
CP AND NS AGREE TO REROUTE TRAFFIC
Rip Watson |
Canadian Pacific Railway and Norfolk Southern Wednesday signed agreements to reroute traffic in the
MARITIME BRIEFS
From Wire and Staff Reports |
SEAFARERS' LIBRARY SETSANNUAL BOOK DRIVENEW YORK - The annual book drive for the American Me
FEDEX OK'D FOR VIETNAM CARGO
P.T. Bangsberg |
The first U.S. airline to touch down in Vietnam after a 20-year embargo is also the first to win cle
AIRLINE ALLIANCE PLOTS A COURSE FOR CARGO
Andrew Blum |
Northwest Airlines and KLM Royal Dutch Airlines will expand their alliance into cargo operations onc
BYPASSING HONG KONG
Bill Mongelluzzo |
A landmark agreement in China this week to lift a ban on table grapes from California simply means t
DOLLAR SLIPS AGAINST YEN, BUT GAINS AGAINST MARK \ MANY STILL EXPECT INTEREST RATE HIKE
Tom Connors |
Producer prices fell a surprising 0.6 percent in April, putting more downward pressure on both the d
BRIEFS
From Wire and Staff Reports |
BRITISH TELECOM, MCIGET OK FOR MERGERBRUSSELS - The EU Commission Wednesday cleared the merg
Maritime
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* VITAMIN E OIL, ETC. Vitamin E oil: 93 percent-to-96 percent. Quantity: 15 met
Maritime
MONTANA KICKS TWO CALIFORNIA COMP BILLS
Ron Lent |
Former football superstar Joe Montana on Tuesday spoke out against two legislative proposals that wo
BRIEFS
From Wire and Staff Reports |
PENA SEEKS ALTERNATIVESTO SELLING OIL RESERVEWASHINGTON - Energy Secretary Federico Pena sai
SPOT PRODUCT PRICES
JOC Staff |
May 14, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
GLOBAL ALLIANCE MODIFYING ITS WEEKLY PACIFIC SERVICE
Peter Tirschwell |
The Global Alliance carrier consortium is modifying its Pacific deployment to include weekly direct
FAUCETT MUST FREEZE SERVICE OR PAY FINE DUE TO CRASH
Associated Press |
Peru's government ruled air carrier Faucett must temporarily suspend operations starting next week o
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 251.30 off 0.10 w
GASOLINE PRICES
JOC Staff |
May 14, 1997RESELLER RACK Unleaded Mid- Premium-Unlead Prem
API WEEKLY REPORT \ INVENTORIES OF GASOLINE UP, COMPARED WITH WEEK EARLIER
Journal Of Commerce Staff |
U.S. gasoline inventories rose by 6.6 million barrels in the week ended May 9, compared with the pre
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