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OBITUARY \ JAE PARK, PRESIDENT, CHO YANG LINE, DIES
Journal of Commerce Staff |
Jae Park, president of Cho Yang Shipping Co., died Wednesday here, the company announced. He was in
BRIEFS
From Wire Reports |
ENRON CORP. IN ALLIANCEWITH CALIFORNIA UTILITYHOUSTON - Enron Corp. confirmed it has entered
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 16, 1997 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire Reports |
FOREST SERVICE RELENTSON PUBLIC COMMENTSGREAT FALLS, Montana - Faced with a lawsuit, the U.S
MAGNESIUM PLAN LINKS FORD, QMC
Justin Mccamish |
Ford Motor Co. unveiled a partnership Thursday with Australia's Queensland Metals Corp. for supplies
RAIL VOTE AT HIGH NOON
Rip Watson |
It's high noon in the bruising three-way fight for control of the Eastern U.S. rail network.
RUMORS OF JAPANESE BUYING SEND DOLLAR DOWN
Bridge News |
The U.S. dollar took a sharp drop off 117.30 yen Thursday, falling a full yen on rumors the Bank of
CHINA TO US: KEEP TRADE STATUS SEPARATE FROM HONG KONG TAKEOVER
Reuters |
China told the United States on Thursday not to link granting of permanent Most Favored Nation tradi
Maritime
KOREAN PARTY VOICES REGRET BUT WON'T REWRITE LABOR LAW
Associated Press |
Hoping to end 22 days of strikes, South Korea's governing party apologized Thursday for ramming a la
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPSHYUNDAI TO MAKE ROOMFOR SINGAPORE LINESAN FRANCISCO - Continuing a tren
BERMUDA'S PROTECTOR: HARBOR RADIOMAN
Tom Baldwin |
A distress call sweeps the Atlantic.A ship carrying steel from Canada to Egypt is battling a
USF REPORTS IMPROVED PERFORMANCE FOR QUARTER
Journal Of Commerce Staff |
USFreightways Corp. reported improved fourth-quarter results as one of its troubled subsidiaries, US
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595per to
ETHANOL TAX BREAKS QUESTIONED \ CONGRESS CONSIDERS WITHDRAWING SUPPORT
Mark Tarallo |
Farm industry groups are bracing for an assault on the ethanol tax exemption by Congress this year,
SEOUL URGES TAIPEI: KILL WASTE DEAL
Reuters |
South Korea Thursday urged Taiwan to cancel a contract that a state-run firm has signed with North K
PMA CHIEF TALKS TOUGH ON NEW LABOR RELATIONS
Bill Mongelluzzo |
West Coast stevedores have had enough.In a radical departure from past administrations, the
JOURNAL OF COMMERCE - FAST FACTS \ US TRADE TRENDS: MANUFACTURED GOODS
Organization for Economic Cooperation and Development |
No text.
GOLDEN EAGLE, REGULATORS TALK BEHIND CLOSED DOORS
Ron Lent |
Golden Eagle Insurance Co. and state insurance department officials recently began holding secret ne
US NAMES FACE DELAY IN FUND PAYMENT
Helen R. Macleod |
U.S. investors in Lloyd's of London have little hope of seeing money set aside to help them pay thei
RUSSIA'S MINISTRY OF FINANCE WILL OVERSEE INSURANCE SECTOR
John Helmer |
The Russian insurance industry is hoping the fog will finally lift this week, when the new licensing
LEWIS NOTARO JR., OF CROWLEY AMERICAN, DIES
From Wire and Staff Reports |
Lewis Notaro Jr., 49, vice president and general manager for land operations at Crowley American Tra
ROSTOCK CONTINUES RECOVERY, REPORTS 6 PERCENT CARGO GROWTH
Journal Of Commerce Special |
Continuing its slow recovery from post-unification doldrums, the German Port of Rostock handled abou
HYUNDAI MERCHANT MARINE ENDS DEAL WITH SWISS LINES
Janet Porter |
The partnership in the Europe-Asia trades between Hyundai Merchant Marine and two Swiss carriers wil
**NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 15, 1997Prev. Life of Contr. Open Open High Low
ALL-IN-1 POLICIES ARE ALL THE RAGE WITH LARGER FIRMS
Ronald Gift Mullins |
Multiline, multiyear insurance policies, while not for all companies, have found a secure place amon
MORE RISK ASSESSORS FINDING PROJECT FINANCE THE WAY TO GO
Charles W. Thurston |
The hunt is on for low-risk, high-reward infrastructure investments overseas, and credit rating agen
CONTINENTAL, AEROFLOT DISCUSS PARTNERSHIP
Journal Of Commerce Staff |
Continental Airlines plans a partnership with Russia's Aeroflot, but U.S. officials say they are far
BALTIC FREIGHT INDEX
JOC Staff |
1496 (Jan. 16, 1997) Previous day - 1506The Baltic International Freight Futures Market in L
BRIEFS
From Wire and Staff Reports |
TANKER ORDERS ROSEAT THE END OF '96LONDON - The world order book for tankers grew steadily d
MANAGING TRAFFIC - GREGORY S. JOHNSON \ HUNDREDWEIGHT TO HIT THE SKIES FOR INFREQUENT SHIPPERS
Gregory S. Johnson |
Fresh from expanding its Hundredweight service to non-contract ground customers, United Parcel Servi
CROWLEY MARITIME
JOC Staff |
Photo Only
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 16, 1997Prevailing sellers' posted prices at the close of business, representi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
WAVE OF CONSOLIDATION
Russ Banham |
The consolidation of the property and casualty sector in the United States was the big insurance sto
ISO OVERHAULS ITS STRUCTURE ONCE AGAIN, SWITCHING TO A FOR-PROFIT CORPORATION
Russ Banham |
The Insurance Services Office Inc. has changed its look several times in the 10 years since it was b
FRANK KRUESI EXPECTED TO TAKE THE CONTROLS AT FAA
Michele Kayal |
Frank Kruesi, the Department of Transportation's assistant secretary for policy, is emerging as the
FREIGHT RATE FUTURES
JOC Staff |
Jan. 16, 1997Baltic International Freight Futures Market Prev.Close High Low
BNSF ADDS INTERMODAL SERVICE
Rip Watson |
Burlington Northern Santa Fe will begin running trains carrying only intermodal cargo betweenNew Orl
PILOTS STRIKE LOOMS AT AMERICAN AFTER CONTRACT TALKS BREAK DOWN
Andrew Blum |
With a $6.5 billion order for new planes hanging in the balance, American Airlines Thursdaybraced fo
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