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STRONG MARKETS GIVE BOOST TO DOLLAR
From Wire And Staff Reports |
The U.S. dollar moved higher late Thursday following a rise in U.S. stocks and bonds, which both ref
INCO SEES GOLD IN LABRADOR NICKEL DISCOVERY \ SITE IS EXPECTED TO BE BIGGER THAN SUDBURY
Howard Simon |
Inco Ltd. sees enormous potential for the northern Labrador nickel discovery it purchased outright i
BRIEFS
From Wire and Staff Reports |
SENATE OKS CHANGEIN TRADE DESIGNATIONWASHINGTON - The Senate voted to change the legal trade
Maritime
SALE OF XEROX UNIT TO KKR TERMINATED
Associated Press |
The Xerox Corp.'s plans to get out of the insurance business will have to wait.The company s
BRIEFS
From Wire and Staff Reports |
SOUTH FLORIDA PORTSENJOY RISE IN LATIN TRADEFORT LAUDERDALE, Fla. - Trade with Latin America
"GREEN' GROUP WARNS OF ALASKA PIPELINE RISKS
Reuters |
Corporate cost-cutting, government cutbacks and aging facilities have combined to threaten the trans
EXPERTS SAY SOLUTION TO N. KOREA FOOD CRISIS IS ECONOMIC CHANGE
Sang-Hun Choe |
North Korea's food crisis won't ease unless the communist nation fundamentally changes its economic
BRIEFS
From Wire and Staff Reports |
EXPERT: CHINESE FIRMSMUST BE PRIVATIZEDTOKYO - China needs to rapidly draft measures to priv
Maritime
US APPEALS COURT OVERTURNS ORDER TO SWISS BANKS ON MARCOS FUNDS
Reuters |
A U.S. Court of Appeals on Wednesday annuled a lower court's order that two Swiss banks must turn ov
Maritime
CANADIAN TRUCK GROUP URGES FUEL SURCHARGE
Gregory S. Johnson |
The Freight Carriers Association of Canada is recommending a surcharge to help Canadian truckers off
NEW BILL WOULD EXPAND CONGRESS' WTO ROLE
John Maggs |
House Democratic leader Richard Gephardt introduced a bill Thursday aimed at carving out a new role
Maritime
BRIEFS
From Wire and Staff Reports |
PCS SETS FRAN DAMAGEAT $1.6 BILLIONRALEIGH, N.C. - Property Claim Services said Hurricane Fr
SPOT COMMODITIES
JOC Staff |
Sept. 12, 1996Included are list prices of suppliers. Quotations do not necessarily represent
BALTIC FREIGHT INDEX
JOC Staff |
1038 (Sept. 12, 1996) Previous day - 1045The Baltic International Freight Futures Market in
BRIEFS
From Wire and Staff Reports |
UK ENTREPRENEUR WARNSAGAINST AIRLINE DEALNEW YORK - Colorful British entrepreneur Richard Br
TRANSPORT SERVICES RATES FELL IN AUGUST
Tom Connors |
While rates fell for most transportation services in August, higher food and energy costs raised the
INSIDE TALK - RIP WATSON \ "PRODUCT SUBSTITUTION' IDEA WORKS FOR RAILS _ IF NOT FOR THE UNIONS
Rip Watson |
Railroads are setting the stage for more cost-cutting, which promises to drive down operating expens
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 12, 1996Prev. Life of Contr. Open Open High Low
CHINA RELAXES ITS STANCE IN US TEXTILE TRADE TIFF
Paula Green |
China shifted to a more conciliatory tone Thursday after initially suggesting it would retaliate aga
Maritime
GASOLINE PRICES
JOC Staff |
Sept. 12, 1996RESELLER RACK Unleaded Mid- Premium-Unl
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Sept. 12, 1996Prevailing sellers' posted prices at the close of business, represent
QUOTE TO NOTE
Capt. Edward E. Page, Coast Guard Captain, Port of Los |
''This is cheap insurance. I was on the Exxon Valdez oil spill response. That response cost Exxon ov
Maritime
JAPAN'S BESIEGED BANKS FACE ONSLAUGHT OF INSURANCE LAWSUITS
Fumiko Fujisaki |
Japanese financial institutions face a spate of lawsuits over insurance policies they hawked during
INTERMODAL GETS LIFT FROM ECONOMY, TRUCK INDUSTRY
Rip Watson |
Intermodal shipments, after spending more than a year in the doldrums, are again moving in a positiv
BRIEFS
From Wire and Staff Reports |
JAPAN TO MAKE IT EASIERTO OPEN NEW GAS STATIONSTOKYO - The Agency of Natural Resources and E
PEOPLE ON THE MOVE
JOC Staff |
BURNHAM SERVICE CO.Colin A. Drummond was appointed vice president of systems, a new position
COAST GUARD PLACES HEAD OF MARITIME UNIT ON LEAVE
Paul F. Conley |
The U.S. Coast Guard has taken disciplinary action against the director of its National Maritime Cen
BRIEFS
From Wire and Staff Reports |
ONE DEAD IN BLASTAT INDONESIAN PLANTJAKARTA, Indonesia - An electric furnace has exploded at
USDA: MILK PRICES TO STAY HIGH
Robert Greene |
Milk shortages that have pushed supermarket prices past $3 a gallon will continue through next year,
TOKYO TELLS IMPORTERS, RETAILERS TO DROP "WEIGHT-LOSS' CHINESE TEA
Coco Kubota |
The Tokyo metropolitan government has banned sales of nine types of weight-loss Chinese tea that off
HONG KONG OPERATORS REACH AGREEMENT ON NEW TERMINAL
P.T. Bangsberg |
Hong Kong could have its long-awaited Container Terminal 9 in partial operation by early 1999, endin
PANEL DISCUSSES POLLUTION SOLUTIONS \ OIL SPILLS: BEST TO LEAVE WELL ENOUGH ALONE?
Helen R. Macleod |
You're a P&I club claims handler. Your shipowner member's mid-size tanker has just dumped 50,000 bar
RUSSIANS TO PRESS TURKS ON BOSPORUS
Michael S. Lelyveld |
Russian security chief Alexander Lebed has signaled he plans to put strategic pressure on Turkey ove
INDUSTRY ABUZZ ON AIR FRANCE VISIT TO US
Michele Kayal |
When Air France representatives meet Transportation Secretary Federico Pena here at the end of the m
NATIONAL, MENLO ALLY TO EXPAND SERVICES
Gregory S. Johnson |
Menlo Logistics and National Truck Leasing System, aiming to expand their range of transportation se
FREIGHT RATE FUTURES
JOC Staff |
Sept, 12, 1996Baltic International Freight Futures Market Prev.Close High Lo
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 247.22 off 0.92
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 15, '95 - Sept. 12, '96 (a graph)*
COCA-COLA OPENS 17TH PLANT IN CHINA SALES EXPECTED TO BE UP 32 PERCENT FOR YEAR
Reuters |
Coca-Cola opened its 17th plant in China Thursday and the head of its China operation said sales sho
Maritime
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