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BRIEFS
From Wire Reports |
VIETNAM SEEKS CANE PLANBEFORE OK'ING REFINERIESHANOI - Vietnam's Deputy Prime Minister Tran
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday May 6, 1997Prevailing sellers' posted prices at the close of business, representing
POUND ADDS MUSCLE AS DOLLAR TAKES DIVE
Bridge News |
The U.S. dollar fell sharply Tuesday, taking a back seat to the soaring British pound on news of a q
OPEN BORDER REMAINS ELUSIVE \ CLINTON'S MEXICO VISIT FAILS TO RESOLVE ISSUE
Kevin G. Hall |
In a continuing setback for the North American Free Trade Agreement, U.S. and Mexican transport offi
Maritime
MORE SLIMMING AND TRIMMING AHEAD FOR CANADIAN NATIONAL
Chris Cariou |
More cost-cutting appears ahead for Canadian National Railway, as it strives to improve on last year
GROWING US EXPORTS: PROCESSED EGGS
Global Trade Information, Columbia, S.C.; The Journal of |
Only graph.
Transport, Trade and Regulation News
BRIEFS
From Wire and Staff Reports |
CNA RE OPENS BRANCHOFFICE IN LOS ANGELESCHICAGO - CNA Re has opened a branch office in Los A
JAPAN MAJOR STOP ON THE INFORMATION SUPERHIGHWAY
Maria Carlino |
U.S. suppliers of optical equipment, computer products and telecommunications devices are bullish on
Transport, Trade and Regulation News
UNIONS PRESS RAILS ON DISABILITY PAY
Rip Watson |
Unions are stepping up the pressure on railroads as negotiations continue in a bid to resolve a disp
FINANCING TRADE - GORDON PLATT \ REVISIONS IN LETTER-OF-CREDIT LAW PROMPT STATE LEGISLATIVE ACTION
Gordon Platt |
Article 5 of the Uniform Commercial Code, which has governed letters of credit for more than 40 year
Transport, Trade and Regulation News
BRIEFS
From Wire and Staff Reports |
SHIPSCHINA, MYANMAR STRIKERIVER DEVELOPMENT DEALBEIJING - China has reached
*BALTIC FREIGHT INDEX
JOC Staff |
1260 (May 2, 1997) Previous day - 1258The Baltic International Freight Futures Market in Lon
TRANSPORT STOCKS SURGE WITH THE MARKET
Chris Isidore |
A strong week for U.S. stocks spurred The Journal of Commerce's index of transportation stocks to ac
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 5, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7
CALIFORNIA STATE SENATOR RIPS QUAKE CHIEF CHOICE
Ron Lent |
The California Earthquake Authority governing board last week named a chief executive that brought s
BRIEFS
From Wire and Staff Reports |
AUSTRALIA MAY COLLARPAKISTAN WHEAT TENDERCHICAGO - Australia could capture a large share of
FINALLY, GOOD NEWS FOR NY \ HOPE IS HIGH FOR DREDGING
Alan Abrams |
It looks like it's going to be a big week for the East Coast's largest port.After years of p
COSTA RICA, ALABAMA OPEN TRADE LINK
Associated Press |
After a year's worth of talks between the Mobile Airport Authority and Costa Rican agriculture offic
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 10, 1996 - May 5, 1997 (a graph)* An
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 |
EU SEEKS COMMENTSON AIRCRAFT MAKERS' DEALBRUSSELS - The European Union's executive body is s
Maritime
HONG KONG PORT PLANS UNDER WATCH
P.T. Bangsberg |
Hong Kong's plans for three more container terminals are coming under renewed scrutiny, with questio
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595 per ton lo
SPOT PRODUCT PRICES
JOC Staff |
May 5, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
BALTRANS HOLDINGS ENJOYS 45 PERCENT RISE IN INTERIM GAINS
P.T. Bangsberg |
Strong exports from Hong Kong and China helped freight forwarder Baltrans Holdings Ltd. post a 45 pe
IRAQI PAPER CALLS ON UN TO CHIDE US ON OIL DEAL
Reuters |
An Iraqi government newspaper called on the United Nations Monday to reproach the United States for
SPOT COMMODITIES
JOC Staff |
May 5, 1997Included are list prices of suppliers. Quotations do not necessarily represent pr
COSTLY CRIMES
Arthur Gottschalk |
Cross-border fraud, ranging from old-fashioned smuggling to high-tech computer crimes, may be costin
Maritime
US, MEXICO AVOID THE THORNY ISSUES
Kevin G. Hall |
U.S. and Mexican Cabinet ministers are expected to present today a new framework for cooperating on
COST OF CREDIT
JOC Staff |
Monday, May 5, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
HONG KONG SEES RED OVER US PIRACY WATCH LIST
P.T. Bangsberg |
Hong Kong is threatening to haul the United States before the World Trade Organization for the ''tot
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending April 30, 1997 as supplied by the bunker fuel
PLL LOT GETS BANK LOAN TO BUY AIRCRAFT
Bridge News |
Poland's cash-strapped state-owned airline, PLL Lot, will accept a $225 million loan from Chase Manh
Maritime
*FREIGHT RATE FUTURES
JOC Staff |
May 5, 1997Baltic International Freight Futures Market Prev.Close High Low
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC.This U.S. arm of the German shipping line announced that David Jun
NORTHWEST WANTS ENRON RESTRICTED
Associated Press |
Northwest Natural Gas Co. has asked state regulators to add another condition to the proposed merger
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 2, 1997Prev. Life of Contr. Open Open High Low
BROKERS NOT INTERESTED IN UNDERWRITING, FOR NOW
Helen R. Macleod |
A recent rumor that newly joined brokers Marsh & McLennan and Johnson & Higgins were planning to get
RAIN AIDS ITALIAN CORN DURUM HIT
Bridge News |
The Italian Agriculture Ministry said Monday that rainfall last week over much of northern Italy has
PHILIPPINE PRESIDENT SCOUTING FOR TRADE
P.T. Bangsberg |
President Fidel Ramos leaves today on a 10-day trade mission to the Americas, with officials forecas
Maritime
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