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US TRADE DEFICIT TOOK DIVE IN JUNE FROM ITS MAY HIGH \ EXPORTS STILL WAY UP AS IMPORTS PLUMMET
Richard Lawrence |
The United States posted an $8.1 billion trade deficit in June, sharply down from an unusually high
NYK VESSEL LIMPS TO TOKYO PORT
Peter Tirschwell |
The containership California Hermes, smoldering and crewless in the North Pacific, is limping into p
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS \ (CENSUS BASIS _ IN MILLIONS OF DOLLARS)
U.S. Commerce Department |
June 1996 May 1996 Cumulative 1996EXPORTS* IMPORTS** EXPORTS* IMPORTS**
FEDERAL RESERVE BOARD STANDS PAT ON INTEREST RATES
Tom Connors |
Faced with evidence of a cooling economy and subdued inflation, the Federal Reserve Board Tuesday le
BRIEFS
From Wire and Staff Reports |
CHRYSLER TO BUILDTRUCK PLANT IN BRAZILSAO PAULO - The U.S.-based automaker Chrysler will bui
Maritime
QUOTE TO NOTE
Lawrence M. Killeen |
''Where most ports are in maritime and want to get into real estate, we're the opposite. We're in re
Maritime
BRIEFS
From Wire and Staff Reports |
GENERAL MILLS SUESINSURER FOR $168 MILLIONMINNEAPOLIS - General Mills Inc. has filed a lawsu
MISSISSIPPI STATE PORT HIRES 2 NEW MANAGEMENT OFFICERS
John Porretto |
The state port has hired an operations director and a fiscal officer, part of a new management team
EXCHANGES HAMMER CFTC RULE
Krf/Global News |
The Commodity Futures Trading Commission has proposed using a sledgehammer to squash a problem most
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 20, 1996Prev. Life of Contr. Open Open High Low
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Aug. 20, 1996Prevailing sellers' posted prices at the close of business, representin
CHINA EXPECTED TO REMAIN BIG PETROCHEMICAL BUYER
P.T. Bangsberg |
Despite building and expanding petrochemical plants at a frantic rate, many with foreign help, China
Transport, Trade and Regulation News
ASIA HOPES FOR COMMITMENT TO APEC AFTER US ELECTIONS
Ron Corben |
Asia is looking for a fresh commitment from the United States following the presidential elections,
Maritime
JETRO: '95 GLOBAL TRADE GREW AT HIGHEST RATE IN 15 YEARS
Associated Press |
Global trade in 1995 grew by 19.5 percent from the previous year, the highest rate since a 22.6 perc
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 18, '95 - Aug. 20, '96 (a graph)* A
JUNE IMPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
Maritime
JUNE EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
Maritime
VAGUE "VOLUME' DEFINITION A BOON TO UP
Rip Watson |
Union Pacific Railroad stands to make a mint from vague wording in last week's Surface Transportatio
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CAROLINA SHIPPING CO.Paul L. Barbro was named president of Carolina Shipping Co., a ship age
DEAD MAN'S CREDIT CARDS GO WALKING FORMER AIR CARGO HANDLER SENTENCED
Associated Press |
An airport cargo handler was sentenced Monday to six months in jail for stealing credit cards from a
SMALLER PORTS IN JAPAN RAISE CARGO SHARE \ SHIPPERS BYPASSING BIGGER PORTS
Tim Shorrock |
In a trend expected to accelerate in the next few years, small Japanese ports like Sendai and Niigat
BRIEFS
From Wire and Staff Reports |
PROPANE CARRIER CHARGEDWITH LOG FALSIFICATIONWHITE PLAINS, N.Y. - A suburban New York propan
2 DIE IN COLLISION OF CSXT TRAINS IN WEST VIRGINIA
Rip Watson |
Two train crewmembers died Tuesday in a fiery head-on collision between two CSX Transportation train
THEFT OF HIGH-TECH GOODS ALARMS INSURERS
Ron Lent |
After a gang violently took $9.9 million in electronic parts and equipment from a firm in Irvine, Ca
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
BRIEFS
From Wire and Staff Reports |
US COAL OUTPUT UP 16 PERCENTFROM PREVIOUS WEEKCHARLESTON, W.Va. - Domestic coal production r
COST OF CREDIT
JOC Staff |
Tuesday, Aug. 20, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR RALLIES ON TRADE DATA, SLIPS BACK ON FED INACTION
Krf/Global News |
The U.S. dollar rose Tuesday on a better-than-expected overall June trade report, but gave back much
BRIEFS
From Wire and Staff Reports |
4,000TH FOREIGN FIRMENTERS PUDONG ZONESHANGHAI - The number of foreign companies that entere
Maritime
PROJECT CONTRACT AWARDS \ WORLD BANK \ GOODS, WORKS
Development Business, United Nations |
CHINA ROAD& BRIDGE CORP.ChinaAmount of contract: $29,688,232.Contract descri
Maritime
ZEDILLO, HASHIMOTO TO MEET IN MEXICO
Kevin G. Hall |
Japanese Prime Minister Ryutaro Hashimoto sits down with Mexican President Ernesto Zedillo Ponce de
Maritime
MATSON NAVIGATION CONSIDERS SAILING INTO THE ALASKAN MARKET
WILLIAM DiBENEDETTO |
Matson Navigation Co., for many decades a domestic carrier with a name synonymous with cargo service
CHINA PUSHES DIRECT TAIWAN TRANSPORT
P.T. Bangsberg |
China is stepping up pressure on Taiwan to resume the direct transport links banned by the island si
NEWLY SIGNED EXCISE TAX BILL TO REPLENISH AVIATION FUNDS
Stephanie Nall |
Airline passengers and air cargo customers who have escaped paying federal excise taxes since the be
GASOLINE PRICES
JOC Staff |
Aug. 20, 1996RESELLER RACK Unleaded Mid- Premium-Unle
DOMINICAN LEADER PLEDGES CONTINUATION OF REFORMS
Maria Carlino |
Leonel Fernandez, a 42-year-old lawyer of the Liberation Party, assumed the presidency last week in
Transport, Trade and Regulation News
BOLIVIA TOUTS BENEFITS OF BRAZILIAN GAS PACT
Krf/Global News |
The signing of a definitive natural gas export contract to Brazil will boost regional energy integra
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
BACKBREAKING WORK IN THE FIELDS
AFP Photo |
Photo only
Transport, Trade and Regulation News
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