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OFFICIAL US VISIT EXPEDITES CHINA'S BOEING 747 PURCHASE
Reuters |
China ordered two 747 airliners from U.S. aviation giant Boeing Co. Thursday in a multimillion-dolla
Maritime
ARAMCO SET TO GET STAKE IN PORTUGAL'S PETROGAL
Bridge News |
Saudi Aramco is preparing to acquire a 33 percent-35 percent stake in Petrogal, becoming a strategic
PHILIPPINE LIFE INSURERS' GOAL FOR 2000: HAVE 20 PERCENT OF THE POPULATION COVERED
P.T. Bangsberg |
Philippine life insurance companies are aiming to insure 20 percent of the population within three y
SHUSTER TACKLES HIGHWAY TRUST FUND
William Roberts |
This may be the year Rep. Bud Shuster, R-Pa., achieves his highest legislative priority: Removing ro
FEDERAL TANKER LAWS HOLD SWAY
Alan Abrams |
Russel Lutz sounds just as determined to stop oil spills as his colleagues in Washington state, but
TAIWAN'S MARITIME OFFER TO CHINA SEEN AS FLAWED
P.T. Bangsberg |
Taiwan is making further attempts to break the long impasse over direct maritime ties with China, bu
FEDEX WAREHOUSE OK COULD BOLSTER US-TAIWAN AIR TIES
Michele Kayal |
Taiwanese airlines may receive a slew of new all-cargo and passenger services from the U.S. governme
JAPANESE OIL DEALER HIT WITH NEW FRAUD CHARGES
Associated Press |
Osaka oil wholesaler Junichi Izui was served with a fresh arrest warrant Wednesday on suspicion of i
GREAT EXPECTATIONS: HOUSE VISIT TO CHINA TO BOOST TRADE, LEADER SAYS
Associated Press |
A visit to China next week will help House members better shape trade and economic policy to influen
Maritime
ITALY'S ECONOMY MADE THIRD-QUARTER REBOUND
Reuters |
The Italian economy, which slowed to a snail's pace in the first half of last year, grew faster than
Maritime
MARITIME FRAUD TRIAL: 1 PLOT, 3 STORYLINES
Tim Shorrock |
A maritime corruption trial that began this week in Philadelphia is a tale with three themes: an ind
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAirports Council International - North America. Various events throughout year. Conta
API WEEKLY REPORT \ US CRUDE INVENTORIES DOWN 9.5 MILLION BARRELS IN WEEK
Journal Of Commerce Staff |
U.S. inventories of crude petroleum fell by 9.5 million barrels in the week ended Jan. 3, compared w
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595 per ton lo
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 8, 1997Prevailing sellers' posted prices at the close of business, representi
TVA SAYS NUCLEAR PLANT DESERVES HIGHER MARKS
Associated Press |
Watts Bar Nuclear Plant got a good performance rating during its first year of operation, but the Te
IRAN EXPLORES RENEWED US TIES
Michael S. Lelyveld |
In a gold and crystal chandeliered hall of the Iranian Foreign Ministry hangs a rare portrait of the
QUOTE TO NOTE
Mickey Kantor, Commerce secretary, speaking about the push for |
''The doomsayers . . . need to take a deep breath and relax.''
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPS'K' LINE LISTSPORT ROTATIONTOKYO - Japan's Kawasaki Kisen Kaisha Ltd. Wednesday
PASSENGER TRAIN SERVICE PLAN ON TRACK
Associated Press |
It's a plan that's been derailed numerous times, but supporters of a proposal to resume passenger tr
AIRBORNE EXPRESS TO IMPOSE FUEL SURCHARGE NEXT MONTH
Journal Of Commerce Staff |
Airborne Express plans to implement a 2 percent fuel surcharge, effective Feb. 17, the company said
SPOT PRODUCT PRICES
JOC Staff |
Jan. 8, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
GOLDEN EAGLE TO APPEAL SUPERIOR COURT RULING
Ron Lent |
A new phase soon will begin in the long-running battle between Golden Eagle Insurance Co. and Insura
CHIP SALES REALLY DID TAKE A BEATING
Robin Bulman |
Everyone knew that 1996 was a bad year for much of the semiconductor industry and now it's official.
Maritime
TENN-TOM UNFAZED BY ENVIRONMENTALISTS
Associated Press |
Defenders of the Tennessee-Tombigbee Waterway expect an environmental group's push to halt barge tra
PEOPLE ON THE MOVE
From Wire and Staff Reports |
INCRENET INTERNATIONALCatherine M. Durda joined this marketing firm specializing in port rep
BRIEFS
From Wire and Staff Reports |
APL UNIT TO OFFER'ANSWERS' TO SHIPPERSSAN FRANCISCO - The freight consolidation unit of ocea
GREENBRIER'S REVENUE INCREASES 21 PERCENT BUT EARNINGS DECLINE 29 PERCENT IN QUARTER
Journal Of Commerce Staff |
Greenbrier Cos. Wednesday reported improved revenue but decreased earnings in its most recent quarte
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 242.38 up 0.29 wh
BRIEFS
From Wire and Staff Reports |
CHUBB TAKES 100 PERCENT STAKEIN MEXICAN COMPANYWARREN, N.J. - Chubb Corp. and various of its
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 8, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U
GROWTH PROSPECTS POSITIVE IN INDUSTRIALIZED NATIONS
Gordon Platt |
Companies in the industrialized nations will continue to show strong growth in sales and profits in
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 8, 1997Quotations are based on prices reported in the market or obtained from sup
SPOT COMMODITIES
JOC Staff |
Jan. 8, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
FREIGHT RATE FUTURES
JOC Staff |
Jan. 8, 1997Baltic International Freight Futures Market Prev.Close High Low
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 8, 1997Prev. Life of Contr. Open Open High Low
DISABLED OIL TANKER TOWED TO ALASKAN PORT OF VALDEZ
Reuters |
A disabled oil tanker was guided by three escort vessels into port at the Valdez marine terminal of
BRIEFS
From Wire and Staff Reports |
THAI AIRWAYS TO STUDYLEASING 21 PLANESBANGKOK - Thai Airways International will consider a r
CONRAIL SUITORS TAKE THEIR BATTLE TO COURT
Rip Watson |
Conrail Inc., CSX Corp. and Norfolk Southern Corp. tangle today in a Philadelphia court, where U.S.
BRIEFS
From Wire Reports |
CALIFORNIA FOOD SHOWSTOP $33 MILLION IN SALESSACRAMENTO, Calif. - Agricultural exporters who
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