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BRIEFS
From Wire and Staff Reports |
BRITISH ECONOMIC GROWTHWEAK IN SECOND QUARTERLONDON - British economic growth was surprising
Maritime
CARGO SURGE CHEERS WEST COAST \ PORTS, CARRIERS AND SHIPPERS CELEBRATE CHRISTMAS IN JULY
Bill Mongelluzzo |
It's still summer, but port and shipping executives have visions of containerships full of holiday m
RE-ENGINEERING THE BOTTOM LINE: STAFF CUTS HELP APL EARNINGS
Peter Tirschwell |
With a top to bottom re-engineering nearly complete, American President Lines polished its bottom li
HOUSE SLIPS IN TRADE SANCTIONS TO PUNISH SYRIA FOR TERRORISM
Michael S. Lelyveld |
A measure quietly passed by the House this month as part of broad export legislation will raise new
A FRIGHT IN FLIGHT: "INCAPACITATED' PILOT AT COCKPIT CONTROLS
Tom Baldwin |
As American Airlines Flight 788 winged north from San Juan, passengers talked about the big ball gam
JOURNAL OF COMMERCE - FAST FACTS \ HIGH-TECH TRADE BALANCES
U.S. Census Bureau |
No text.
COST OF CREDIT
JOC Staff |
Friday, July 26, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
DOLLAR COULD RECOVER IF ECONOMIC DATA SHOW STRENGTH, ANALYSTS PREDICT
Gordon Platt |
Two key pieces of economic data this week could put the dollar back on its feet, currency traders an
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
AIRBRITISH AEROSPACE,BOEING CHOSEN BY UKSEATTLE - The United Kingdom selected Britis
AIR SHIPPERS WARNED DELAYS ARE LIKELY
Gregory S. Johnson |
Shippers using lesser-known freight forwarders better prepare for lengthy delays as intensive inspec
ADMINISTRATION SURVEYS ASIAN AIR STRATEGY
Michele Kayal |
The Clinton administration is exploring an aviation policy with Asia that would tap into the dynamic
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 4, '95 - July 26, '96 (a graph)* An
BLACK BOXES BUILT TO SURVIVE DOOM
Tom Baldwin |
A jetliner's black box, its diary of doom, is a brutally engineered piece of hardware, tougher than
BRIEFS
From Wire and Staff Reports |
TEAMSTERS UNION WANTSNEW ELECTION AT VALUJETATLANTA - The Teamsters union is seeking a new r
MEXICO RESIGNED TO NAFTA "GREEN' PROBE \ NO PROTEST SLATED FOR TRADE MEETING
Kevin G. Hall |
Despite deep-rooted concerns, Mexico will not use this week's meeting of environment ministers to bl
MAERSK MERGING DOCK, TRUCK UNITS
Journal Of Commerce Staff |
Maersk Inc., the liner unit of the Danish shipping giant, is consolidating its stevedore and truckin
BRIEFS
From Wire and Staff Reports |
PACCAR RESULTS DIPPEDIN SECOND QUARTER BELLEVUE, Wash. - Reflecting the industrywide downtur
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
CONTINENTAL WILL EXPAND ITS FOUR HUBS
Journal Of Commerce Staff |
Continental Airlines Inc. announced a five-year plan last week that calls for expansion in the compa
ASIA ASKED TO RELAX INVESTMENT RULES \ LIMITS ON EARNINGS HELD TOO RESTRICTIVE
WILLIAM DiBENEDETTO |
U.S. business leaders say Pacific Rim governments should avoid placing arbitrary limits on the finan
Maritime
THAI-UNITED-LUFTHANSA ALLIANCE SHUNS EQUITY SWAP
Ron Corben |
An equity swap within the alliance of Thai Airways International, Lufthansa AG and United Airlines i
TRANSPORT GEAR LEADS DECLINE IN ORDERS
Tom Connors |
Lower demand for transportation equipment led a 0.8 percent decline in new factory orders for durabl
NEW INDIAN TAX EFFORT DRAWS SHARP ATTACK
N. Vasuki Rao |
Introducing a minimum ''alternative'' tax to the general income tax levy could slow export growth, i
Maritime
QUOTE TO NOTE
Jeffrey Stewart |
''We thought we would go into Russia and see something like the New York Stock Exchange. But there w
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 26, 1996Baltic International Freight Futures Market Prev.Close High Low
BALTIC FREIGHT INDEX
JOC Staff |
1078 (July 26, 1996) Previous day - 1086The Baltic International Freight Futures Market in L
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended July 20, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
BRIEFS
From Wire and Staff Reports |
JAPAN FALLS SHORT IN HELPTO DEVELOPING NATIONSTOKYO - Japan lags behind other industrialized
Maritime
FEDERAL EXPORT ASSISTANCE PROGRAMS ARE IMPROVING, GAO REPORT SAYS
Journal Of Commerce Staff |
The U.S. government is improving its export assistance to small and midsized companies, but more rem
Maritime
BRIEFS
From Wire and Staff Reports |
STUCK CARGO VESSELREFLOATED IN AUSTRALIABRISBANE, Australia - Salvage crews refloated a 6,54
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
AIRPORTS POST SMALL INCREASES IN CARGO
John Zarocostas |
Cargo traffic at the world's airports increased 2.7 percent in April to 3.9 million metric tons comp
OPERATING INCOME DROPS AT NEWPORT NEWS YARD
Associated Press |
Newport News Shipbuilding's operating income fell again in the second quarter of 1996, marking the s
BEAN BAGS
JOC Staff |
Photo only
TRUCKERS TO HAUL SOUTH DAKOTA INTO COURT
Gregory S. Johnson |
A group of angry South Dakota farmers and truckers will drag the state into court to force a measure
TRANSPORT BOARD PROPOSES NEW RULES TO HASTEN SETTLEMENT OF RAIL DISPUTES
Rip Watson |
The Surface Transportation Board proposed rules meant to speed up resolution of rail rate disputes a
YELTSIN'S APPOINTMENT OF STAFF CHIEF IS TWO-EDGED
John Helmer |
The naming of Anatoly Chubais as Russian President Boris Yeltsin's new chief of staff this month has
Maritime
EARNINGS, TRAFFIC UP AT TMM IN QUARTER
Kevin G. Hall |
Bouncing back from a sluggish first quarter, Transportacion Maritima Mexicana posted modest gains in
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