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Platts Containers Update
SAN ANTONIO PORT AIMS TO BE CHILE'S NO. 1
Kevin G. Hall |
Now that it's edged past Valparaiso as Chile's leading hub for container traffic, the Port of San An
FREEPORT WANTS TO BE A MAJOR TRANSPORT HUB
Canute James |
Long known as one of the world's major holiday resorts, port officials in the Bahamas say it is abou
EU, US DELEGATIONS SET CHIP TALKS IN JAPAN
Tim Shorrock |
A delegation from the European Commission is in Tokyo today to discuss a Japanese proposal for a mul
Maritime
JOURNAL OF COMMERCE - FAST FACTS \ US APPAREL IMPORTS: TOP SOURCES
Global Trade Information, Columbia, S.C. |
No text.
PRUDENTIAL REPORTEDLY FACES $35 MILLION FINE
Associated Press |
A task force of state insurance regulators is reportedly preparing to fine Prudential Insurance Comp
HONG KONG CRIES FOUL OVER US GARMENT RULES
P.T. Bangsberg |
Hong Kong officials said they will not permit American authorities to extend their inspections of te
Maritime
FILIPINO FURNITURE MAKERS TRYING TO CARVE OUT EXPORT COMEBACK
Cecilia Quiambao |
The Philippines is making a spirited effort to claw back market share lost to Southeast Asian rivals
Maritime
BRIEFS
From Wire and Staff Reports |
CANADA TELLS WTOSCALLOP ACCORD REACHEDGENEVA - Canada told the World Trade Organization that
Maritime
CASUALTIES OF NAFTA
Robin Bulman |
Two hundred fifty workers laid off by PacifiCorp, one of the Northwest's largest power utilities, ar
CARGO SPACE IS UP FOR GRABS ON 12 DHL INTERMEDIATE ROUTES
Michele Kayal |
DHL Worldwide Express has a dilemma. The last leg of its flights to its Cincinnati hub are full. But
WAR OF THE ROSES: CALIFORNIA, FLORIDA IN BITTER CLASH OVER COLOMBIAN FLOWERS
David Lee |
Roses may be a symbol of love, but some California growers are seeing red over imports of these and
OHIO HIGH COURT FREES INSURERS FROM LIABILITY IN CHILD ABUSE CASES
Associated Press |
Insurance companies are not required to cover injuries resulting from intentional acts of child sexu
HONG KONG RAIL LINK HITS NEW RED LIGHT
P.T. Bangsberg |
Discussed - and desired - for years, the Western Corridor Railway appears once again to have been ca
BRIEFS
From Wire and Staff Reports |
NORTHWEST AIR SEEKSSANCTIONS AGAINST JALWASHINGTON - Northwest Airlines has asked for harsh
UP DIRECTOR IN MEXICO HIRED AWAY BY GATX \ CORREA TO PLAY KEY EXPANSION ROLE
Kevin G. Hall |
GATX Corp. has hired away Union Pacific's longtime general director in Mexico to run its five areas
TELECOM BILL WINS APPROVAL OF GERMANY'S UPPER HOUSE
Reuters |
The upper house of Germany's Parliament gave final approval to a telecommunications bill that paves
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 14, '95 - July 5, '96 (a graph)* An
GASOLINE PRICES
JOC Staff |
July 5, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
PERU READIES FOR PORT BIDS \ PLAN TO PRIVATIZE ILO LAUNCHED TO GET CARGO TO LANDLOCKED BOLIVIA
Charles W. Thurston |
Peru is in the final stages of preparing an international request for bids to privatize port operati
STUDY: HONG KONG MARKET UNSHAKEN \ RISKS "LOW' FOR EXODUS OF CAPITAL
Gene Linn |
Headlines about the prospects for Hong Kong's financial sector after China regains sovereignty a yea
Maritime
QUOTE TO NOTE
Coalition for Competitive Rail Transportation Statement |
''Today the final score was STB 3, The Public 0.''
Maritime
CHINA'S COSCO MAY BUILD BIGGEST BOX TERMINAL IN US
Bill Mongelluzzo |
The door is open for the creation of the largest private container terminal in the United States - o
TOP US OFFICIALS TO GET EARLY READ ON RUSSIA'S POST-ELECTION PLANS
Richard Lawrence |
Top U.S. officials, led by Vice President Albert Gore, will assess and perhaps influence Russia's po
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Friday July 5, 1996Prevailing sellers' posted prices at the close of business, representing
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended June 29, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
CLARIFICATION
JOC Staff |
A story on Page 1B on July 3, ''Three-year contract deal reached for crews aboard 8 LNG tankers,'' s
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
FREIGHT RATE FUTURES
JOC Staff |
July 5, 1996Baltic International Freight Futures Market Prev.Close High Low
LATIN PORTS NEED WIDER BERTH \ LATIN AMERICAN HARBORS TEEMING WITH CARGO BUT SHORT ON SPACE
Michael Fabey |
Engines off, the containership anchored off Montevideo, Uruguay, to wait for a berth where the port'
CARIBBEAN PORTS EXPAND \ COMPETITION HEATS UP AMONG FACILITIES AS NEIGHBORING ECONOMIES OPEN
Canute James |
Several Caribbean ports are improving their facilities in a bid to capitalize on the increasing trad
GERMANY'S EXPORTS EXPECTED TO GROW MORE THAN IMPORTS \ SOME INDUSTRIES MAY GET BOOST
Robert Koenig |
From autos to pharmaceuticals, Germany's exports are likely to increase more than its imports this y
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 5, 1996 Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
July 5, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
SAFMARINE SEEKING LINER, BULK-SHIPPING PARTNERS
Janet Porter |
Safmarine, South Africa's largest shipping group, is actively seeking more partners for both its lin
COST OF CREDIT
JOC Staff |
Friday, July 5, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
CHINESE BOX MAKER PLANS SPECIALIZATION
P.T. Bangsberg |
China's second-largest maker of maritime containers hopes a pause for breath and recovery in trade w
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of June 28, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
BEEF HORMONE ISSUE DOMINATES WTO FORUM
John Zarocostas |
The United States blocked a request by the European Union to create a trade panel on unilateral duty
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
CHILE'S MOVE TO MERCOSUR MAY PAVE ITS WAY INTO NAFTA
John Maggs |
For two years, the greatest impediment to progress toward free trade in the Western Hemisphere has b
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