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CLINTON TO UNVEIL AGREEMENT TO SCRAP YELLOWSTONE MINE
Len Iwanski |
President Clinton will visit Yellowstone National Park today to announce an agreement to prevent the
GERMANY LOBBYING TO HALT IMF GOLD SALE
Krf/Global News |
Germany is busily lining up enough support among members of the International Monetary Fund's execut
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended August 3, total piggyback freight hauled on the nation's major railroads equaled
MEXICO LAUNCHES BID BATTLE FOR NORTHEAST FNM CORRIDOR
Kevin G. Hall |
The battle of the financially fittest has begun in Mexico's rail privatization, with new bidding rul
COMMERCIAL MAILERS NOT BOUND BY NEW RULES
Gregory S. Johnson |
Commercial mailers will be exempt from new postal rules designed to improve security of cargo flying
SPOT PRODUCT PRICES
JOC Staff |
Aug. 9, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
BRIEFS
From Wire and Staff Reports |
SHIPCO TRANSPORT OPENSHONG KONG OFFICEHOBOKEN, N.J. - Shipco Transport Inc., an ocean freigh
SHIPOWNERS: PRIVATIZATION MAY HELP THAI PORT THRIVE
Ron Corben |
Privatizing Thailand's main port may be the key to improving efficiency and lowering costs, the Bang
BRIEFS
From Wire and Staff Reports |
SHIPSSRI LANKAN REBELSDAMAGE PRINCESS WAVECOLOMBO, Sri Lanka - Sri Lankan Tamil rebe
HEAVY TRUCKS SHIFTING GEARS SO THAT DRIVERS DON'T HAVE TO
Chris Isidore |
The heavy-truck industry is shifting away from shifting.Automated transmissions that can do
CHINA CRITICIZES US ON IRAN-LIBYA SANCTIONS
Benjamin Kang Lim |
China toughened its criticism of the United States, accusing it of engaging in power politics by try
Maritime
EXPERTS GIVE HIGH MARKS TO LYKES' EFFORT
Tom Baldwin |
The leaks are plugged.The ship is making headway.Still, there's a long journey home, and sea
BRIEFS
From Wire and Staff Reports |
JAPAN APPEALS TO WTOON LIQUOR TAX ISSUETOKYO - Japan, determined to protect domestic produce
Maritime
PLAN TO REORGANIZE EXPORT ZONES STIRS CONCERN IN BANGLADESH
N. Vasuki Rao |
The Bangladesh government's apparent plan to allow private export-processing zones and to shift cont
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
PASSAGE TO INDIA LIKELY TO BE A SLOW ONE FOR FOREIGN INSURERS
N. Vasuki Rao |
The message from a two-day conference on insurance last week is that reforms are definitely on, but
BOX SECTOR EXPECTED TO REBOUND IN 2ND HALF
Tom Baldwin |
Gains in the second two quarters of 1996 should salvage a disappointing first half in the container-
SRI LANKA OFFERS STAKE, CONTROL IN AIR LANKA
Journal Of Commerce Special |
Sri Lanka intends to sell a 40 percent stake in its national airline and promises management control
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended Aug. 3, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
ILA "ME TOO' DEMANDS RISK LOST BUSINESS, JOBS
Alan Abrams |
When East Coast longshoremen look West at the generous pay raises their counterparts are voting on,
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of KRF/Global News, the industry's |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
SHELL BEGINS PRODUCTIONAT MARS SITE IN GULFHOUSTON - Shell Oil Co. said it has initiated pro
COST OF CREDIT
JOC Staff |
Friday, Aug. 9, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
COMPACT SHIPS ACCURATE BAROMETERS OF SOFT DIRECTION OF THE MARKET
Containership Market Report is a monthly feature of the |
The market continues to exhibit classic signs of short-term weakness. Softer fixtures in the midsize
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
FREIGHT RATE FUTURES
JOC Staff |
Aug. 9, 1996Baltic International Freight Futures Market Prev.Close High Low
FACING CUTS, AMTRAK PLANS TO RESTRUCTURE
Tim Sansbury |
Facing imminent federal budget cutbacks, Amtrak officials will make major changes in the national pa
TEAMSTERS CAMPAIGN TAKES DRAMATIC TURN
Journal Of Commerce Staff |
The campaign for presidency of the Teamsters took a dramatic turn last week when General President R
INDONESIA REASSURES US ON REFORM
Associated Press |
An Indonesian Cabinet minister assured top U.S. and Singapore businessmen that economic growth and r
Maritime
BRIEFS
From Wire and Staff Reports |
BRAZIL COFFEE EXPORTSTOP MILLION BAGS IN JULYSAO PAULO - Brazil exported more than 1.1 milli
PHILIPPINE OIL DEREGULATION BRINGS SOME WELCOME CHANGES
P.T. Bangsberg |
In a country where the slightest suggestion of a price rise triggers a collective fit, deregulating
ILWU STARTS VOTING ON CONTRACT TODAY \ NEAR 10 PERCENT WAGE INCREASE PROPOSED IN FIRST YEAR
Bill Mongelluzzo |
West Coast longshoremen will begin voting today on a proposed three-year contract their leaders say
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of July 31, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
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. 9, '96 (a graph)* An
BRIEFS
From Wire and Staff Reports |
COURT: EXXON MUSTGUARANTEE SPILL PAYMENTANCHORAGE - A federal judge ruled against Exxon Corp
QUOTE TO NOTE
Bob Wagman |
''Who here is lying?''
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 9, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 9, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 9, 1996Prev. Life of Contr. Open Open High Low
NIGERIAN OIL ROYALTY SHORTFALL FEARED
Krf/Global News |
Fresh fears have arisen that Nigeria may have been losing about $700 million yearly in oil royalties
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