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DOT PROBES MIAMI AIR CARGO LINE \ FLORIDA WEST FACES QUESTIONS ABOUT ITS OWNERSHIP AND ROUTES
Michele Kayal |
Federal officials have advised a California cargo airline to steer clear of another carrier that may
BRIEFS
From Wire and Staff Reports |
P&I CLUBS MAY SEEKWIDER EU EXEMPTIONLONDON - The protection and indemnity clubs that provide
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Oct. 2, 1996Prevailing sellers' posted prices at the close of business, representi
BMWE RATIFIES 5-YEAR CONTRACT
Rip Watson |
The Brotherhood of Maintenance of Way Employes became the last large rail union to ratify a contract
MERCOSUR BLOC REACHES OUT TO JAPAN, CHILE
Paula L. Green |
South America's largest trading bloc is reaching across the Pacific Ocean to Japan, even as it wraps
Maritime
FILL 'ER UP: TRUCK STOP OPERATORS SPONSOR NATIONWIDE BLOOD DRIVE
Chris Isidore |
Truck drivers, accustomed to filling up with gallons of fuel and quarts of oil, now can give up pint
ILA WALKOUT SHUTS DOWN BOSTON PORT
Journal Of Commerce Staff |
Striking longshoremen Wednesday shut down the Port of Boston after at least one local voted against
BRIEFS
From Wire and Staff Reports |
SOUTHERN, GOGGINANNOUNCE MERGERATLANTA - Southern Freight Inc. and Goggin Truck Line Co. sai
BALTIC FREIGHT INDEX
JOC Staff |
1010 (Oct. 2, 1996) Previous day - 1003The Baltic International Freight Futures Market in Lo
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 2, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 31.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
PANAMA, BULGARIA GET GO-AHEAD TO JOIN WTO
John Zarocostas |
Panama and Bulgaria were given the green light Wednesday to become members of the World Trade Organi
GASOLINE PRICES
JOC Staff |
Oct. 2, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 2, 1996Prev. Life of Contr. Open Open High Low
BRIEFS
From Wire and Staff Reports |
BRITISH PORT TRAFFIC UPFOR 6TH CONSECUTIVE YEARLONDON - Traffic through British ports regist
JET WITH 70 ABOARD CRASHES OFF PERU
Andrew Blum |
An Aeroperu jet carrying 70 people crashed into the Pacific Ocean off Lima in heavy fog early Wednes
LABOR GAINING GROUND WITH SENATE OVER FEDEX
Rip Watson |
Labor unions are picking up some support in their fight to strip from a broad aviation bill a provis
DOCUMENTATION FEE HITS RAW NERVE WITH SHIPPERS
Bill Mongelluzzo |
In the eyes of their customers, trans-Pacific ship lines have hit a new low.Carriers moving
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERS.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime t
US INSURERS PLEASED WITH MOVEMENT IN JAPAN
From Wire Reports |
Following an accord between Japan and U.S. negotiators to continue talks to resolve the insurance di
DOLLAR REACHES NEW '96 HIGH AGAINST MARK, GAINS ON YEN
Bridge News |
The U.S. dollar rose Wednesday, hitting a high for the year against the Deutsche mark above 1.5300 i
FORMER YASUDA OFFICIAL TO HEAD NEW LLOYD'S VENTURE IN JAPAN
Helen R. Macleod |
Lloyd's of London has appointed a former deputy president of Yasuda Fire & Marine Insurance Co., Kun
SINGAPORE'S GENERAL INSURANCE SECTOR FEELS EFFECTS OF SLOWER ECONOMY
P.T. Bangsberg |
Hopes that Singapore's general insurance sector might help put the whole industry back onto a growth
JAPAN TO GO TO WTO OVER INDONESIA CARS
Reuters |
Japan said Wednesday it would complain to the World Trade Organization over Indonesia's national car
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 244.20 off 1.43 w
SPOT PRODUCT PRICES
JOC Staff |
Oct. 2, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
PEOPLE ON THE MOVE
From Wire and Staff Reports |
FOREST LINES INC.Mikael F. Hansen was named assistant vice president of traffic at this New
MAJORITY OF SHIPS DETAINED IN ASIA IN '95 WERE BULKERS
Janet Porter |
Bulk carriers accounted for nearly half the ships detained in ports in the Asia-Pacific region last
QUOTE TO NOTE
Benny Holland, President, International Longshoremen's |
''The ILA knows it's in a fight. And the ILA knows how to fight.''
Maritime
BRIEFS
From Wire and Staff Reports |
US CHALLENGES 4 NATIONSON TRADE PRACTICESWASHINGTON - The United States targeted four nation
Maritime
CHINA AND INDIA EXTOL ECONOMIC PROSPECTS, TRADE
Richard Lawrence |
The world's two most populous nations - China and India - expect further economic gains in 1996-97,
SUPERFUND RULING AWAITED \ RETROACTIVE LIABILITY COULD BE CLARIFIED
Margo D. Beller |
When it opens its doors in Atlanta Friday, a federal appeals court could succeed where several Congr
ALABAMA GOVERNOR DENIES ALLEGATIONS
Associated Press |
Gov. Fob James is a business associate of a Mobil Oil Co. lobbyist, but the governor said their rela
API WEEKLY REPORT \ FUEL OIL STOCKS DECLINE FOR WEEK
Journal Of Commerce Staff |
U.S. inventories of distillate fuel oil, used as home heating and diesel fuel, fell 100,000 barrels
PORTLAND PROPOSES BIGGER PRIVATE ROLE AT TERMINAL
WILLIAM DiBENEDETTO |
The Port of Portland, Ore., is poised to expand private-sector involvement in the operation of its c
EFFORT TO WIPE OUT ASIA PIRACY GROWS \ US SOFTWARE PUBLISHERS PLAN MAJOR CAMPAIGN
P.T. Bangsberg |
As part of the extended U.S. push to stem software and other piracy in Asia, another U.S.-based indu
Maritime
STUDY HITS TEXTILE OVERSIGHT AGENCY \ GAO: PANEL NEEDS GREATER OUTSIDE INPUT
Paula L. Green |
A controversial federal agency with tremendous clout in the U.S. textile market has come under renew
Maritime
S. KOREA URGED TO OPEN FARM, SERVICES SECTORS
Journal Of Commerce Special |
The global trading community urged South Korea this week to open its markets in farm and services se
Maritime
BRIEFS
From Wire and Staff Reports |
PANAMA CANAL AGENCYSETS HEARINGS ON TOLL PLANNEW YORK - The Panama Canal Commission will hol
NEW RULERS IN KABUL MAY SOLVE AN OLD PROBLEM FOR OIL FIRMS
Michael S. Lelyveld |
Hangings and beatings have given Afghanistan's Islamic Taleban militia one of the world's ugliest im
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