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Commentary
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CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
VENTURE OPTS FOR BIGGER MEXICAN RAIL LINE
Kevin G. Hall |
A joint venture involving Transportacion Maritima Mexicana, bowing out of bidding on a short line in
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended Sept. 28, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
MANY SHIPOWNERS CAVALIER ABOUT SAFETY, TOP REGULATOR SAYS
Janet Porter |
The world's top maritime industry regulator lashed out at the casual attitude of some shipowners to
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 3, 1996Prev. Life of Contr. OpenOpen High Lo
CORN GROWERS WANT TO BAN TRADING BY CROP FORECASTERS
Associated Press |
A national corn growers group wants to ban crop forecasters from owning or trading commodity futures
IN INDIA, THINKING SMALL MAY YIELD DIVIDENDS FOR THOSE PROVIDING POWER
N. Vasuki Rao |
Big may be beautiful, but small can be better, especially in the power sector.While large pr
DOLLAR WILL RISE AS FOREIGN CAPITAL FLOWS INTO US MARKETS, ANALYSTS PREDICT
Gordon Platt |
Global capital flows will lift the dollar this week despite the diminishing chances of a U.S. intere
BRIEFS
From Wire and Staff Reports |
US TO PRESS JAPANTO MOVE ON LIQUOR TAXWASHINGTON - The United States will urge Japan to take
Maritime
COMPANY BUYERS SLAM BROKERS \ SURVEY SAYS NEEDS ARE NOT BEING MET
Russ Banham |
Corporate buyers of insurance clearly have serious reservations about the role of brokers, according
WATCHDOGS ATTACK AUTO INSURER RATES \ CALIFORNIA COMPLAINT: NINE OF 10 OVERCHARGE
Ron Lent |
A consumer watchdog organization has alleged that nine of the 10 top California auto insurance compa
TWO IF BY SEA
JOC Staff |
Photo only.
CN MERGES CONSUMER SERVICE UNITS NEW OPERATION OPENS IN WINNIPEG
Journal Of Commerce Staff |
Canadian National Railways last week inaugurated operations of a consolidation customer service city
GASOLINE PRICES
JOC Staff |
Oct. 4, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
BRIEFS
From Wire and Staff Reports |
LUMBER SHIPMENTSRISE, BUT ORDERS FALLPORTLAND, Ore. - Lumber shipments rose, but orders and
USDA ADVISER SET TO DISCUSS EU SUBSIDIES
Reuters |
The senior trade adviser to Agriculture Secretary Dan Glickman is going to Europe this week to meet
ACCORD IS REACHED IN ITALY SOYBEAN SUIT
Associated Press |
A company at the heart of Italy's biggest corruption scandal has reached a settlement in a class-act
INSURER COMPETITION DROPS RATES AS EXPORTS TO THIRD WORLD SOAR
Russ Banham |
Manufacturers and buyers of heavy farm and industrial equipment are reaping lower insurance prices,
HONG KONG TEXTILE REVIVAL PLANS MULLED \ STUDY TARGETS SOLUTIONS FOR A LAGGING INDUSTRY
P.T. Bangsberg |
A new industrial zone, more foreign labor and greater attention to training and relations with custo
Maritime
QUOTE TO NOTE
Morten Arnzen, Managing Director, Global Aerospace and |
''There's an obscene amount of capital available. There's too much money chasing too few deals.''
Maritime
EU ROUNDUP - BRUCE BARNARD \ EU COMMISSION RETREATS ON PLAN TO OPEN FRAGMENTED GAS MARKETS
Bruce Barnard |
The European Commission has all but given up hope of striking a deal to liberalize the EU's protecte
Maritime
SPOT COMMODITIES
JOC Staff |
Oct. 4, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
BALTIC FREIGHT INDEX
JOC Staff |
1023 (Oct. 4, 1996) Previous day - 1017The Baltic International Freight Futures Market in Lo
CORRECTION
From Wire and Staff Reports |
Readers of Traffic World magazine, a sister publication of The Journal of Commerce, may be confused
ECONOMISTS: AFRICAN COFFEE GAINING GROUND
Bridge News |
Reports of the death of the African coffee industry have been greatly exaggerated, say African offic
GM OF CANADA WORKERS WALK OVER OUTSOURCING
Gregory S. Johnson |
Just-in-time service is taking a hit as a result of the General Motors of Canada Ltd. strike.
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 4, 1996Prevailing sellers' posted prices at the close of business, representing
PEOPLE ON THE MOVE
From Wire and Staff Reports |
SAGA FOREST CARRIERSINTERNATIONAL (CANADA) INC.Christopher Hatzi was named vice president an
MYANMAR'S MILITARY JUNTA CRACKDOWN THREATENS REGIONAL, INVESTOR SUPPORT
Journal Of Commerce Special |
Myanmar's military junta, which recently stepped up its crackdown against the Aung San Suu Kyi-led O
BRIEFS
From Wire and Staff Reports |
BARNETT BANKS TO TESTINSURANCE PRODUCT SALESJACKSONVILLE, Fla. - Barnett Banks Inc. is ready
BLUES' TAX PLAN CALLED "OUTRAGEOUS'
Journal Of Commerce Special |
Blue Cross and Blue Shield of Massachusetts floated a tax subsidy plan that was labeled ''outrageous
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOct. 4, 1996 Brent Crude Oil - (Dollars Per Barrel)
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 4, 1996Quotations are based on prices reported in the market or obtained from sup
PHILADELPHIA STRIKE WORRIES FORWARDERS
Gregory S. Johnson |
A longshoremen's strike at the Port of Philadelphia is worrying freight forwarders who warn mayhem c
BRIEFS
From Wire and Staff Reports |
SHIPSARRANGEMENTS MADETO PAY, RETURN ALBA CREWPORTLAND, Ore. - Crewmembers o
MARITIME BRIEFS
From Wire and Staff Reports |
EGYPT REPORTS DECLINEIN SUEZ CANAL EARNINGSCAIRO - Egypt earned $151.9 million in August fro
BRIEFS
From Wire and Staff Reports |
MARK GUNTHER GIVEN30-MONTH JAIL TERMBALTIMORE - Mark David Gunther, president of Gunther's L
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
EQUIPMENT BUCKS TRADE DEFICIT TREND \ PATIENCE, KNOWLEDGE OF MARKET OVERCOME MANY EXPORT BARRIERS
Michael Goldstein |
Trade deficit? What deficit? Tell it to the U.S. corporations that racked up $4.006 billion in farm
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