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BRIEFS
From Wire and Staff Reports |
GAZPROM BUYS STOCKIN TELEVISION COMPANYMOSCOW - Russian state gas monopoly Gazprom has bough
CHINA'S COAL SECTOR REBOUNDS
P.T. Bangsberg |
China's loss-plagued coal mines appear to be inching toward the plus side of the ledger, even as off
OIL PRICES SEEN SLUMPING BY $3
Reuters |
World oil prices could plummet by $3 a barrel by the end of the year following the decision by the O
US INVESTORS FIND A NEW AFRICA FULL OF POTENTIAL \ CONTINENT'S REFORMS OPEN UP OPPORTUNITIES
Maria Carlino |
U.S. investors are discovering a new Africa.As economic and political reforms sweep many cou
US USED CLOTHING WINS NEW ADMIRERS \ SHIPMENTS DIVERTED FROM WEST AFRICA
Michael Fabey |
In the trade between the United States and Africa, shipping lines have gone from rags to hitches.
PUBLISHER'S NOTEBOOK
Don C. Becker |
This is not a good time to be trying to make money in the once booming Pacific container shipping la
PORT TOUTS GATEWAY STATUS \ WALVIS BAY LOBBIES NEIGHBORS FOR CARGO
John Kelley |
The Skeleton Coast of Namibia is littered with the wreckage of ships going back to the days of Vasco
OCEAN CARRIERS BATTLE ON SEVERAL FRONTS \ LINES TRADE BLAME FOR RATE DIP
Michael Fabey |
The rancor that has often defined relations among African nations is spreading to the liner companie
COURT RULING IN IBM CASE A GOOD OMEN FOR EXPORTERS
Stephanie Nall |
The Supreme Court has given U.S. companies a boost in their on-going fight against a fee assessed on
BRIEFS
From Wire and Staff Reports |
ARGENTINE JUDGE TO QUERYIBM EXECUTIVES IN USBUENOS AIRES - The judge investigating allegatio
Maritime
CAPPING PENSION BENEFITS COULD GIVE LIFT TO TRANSPORT INDUSTRY
Chris Isidore |
A move to cap increases in pension benefits at plans covering more than one employer would lift mill
HUNGRY FOR TELECOM CONTRACTS, MANUFACTURERS DESCEND ON RIO \ VENDORS INVEST LAVISHLY AT TELECOM '96
Paula L. Green |
The groundwork for millions of dollars' worth of telecommunications contracts is being laid this wee
Maritime
EUROPEAN SMART CARD SALES LIKELY TO GET BOOST
Michael S. Lelyveld |
U.S. technology may soon make ''smart cards'' in Europe a whole lot smarter, if the White House can
BRINSON DROPS OUT OF RACE IN CHARLESTON
Tim Sansbury |
Many people would have bet the ranch that J. Ron Brinson, president of the Port of New Orleans, woul
BRIEFS
From Wire and Staff Reports |
RAILFRANCE TO RESCUETROUBLED RAIL NETWORKPARIS - The government will bail out the he
TELECOM REVOLUTION BYPASSES MANY LATINS \ BASIC SERVICES FOR PEOPLE STILL A LONG WAY OFF
Paula L. Green |
While Latin America's telecommunication system is growing by 15 percent a year, figures released in
BRIEFS
From Wire and Staff Reports |
72 REPORTED KILLEDIN SHIP FIRE OFF ERITREAASMARA, Eritrea - More than 70 people were killed
STRONG COLD FOOD EXPORTS KEEP RATES STABLE, REEFERS FULL
WILLIAM DiBENEDETTO |
Buoyed by strong exports of meat and fruit, westbound freight rates are holding steady despite a lar
CARMAKERS REV UP IN ASIAN MARKETS
P.T. Bangsberg |
World automakers see Asia as a market they must exploit in order to continue growing.Followi
CN PERFORMS A VANISHING ACT WITH TINY RAIL AFFILIATE IN US
Rip Watson |
Trapped for decades between U.S. and Canadian rail cultures, Grand Trunk Western Railroad is vanishi
RAIL PRIVATIZATION BEGINS IN MEXICO
Kevin G. Hall |
Mexico has made good on vows to begin this month to privatize state-owned railroad Ferrocarriles Nac
STOCK INDEX FALLS SLIGHTLY MOST SECTORS FEEL DECLINE
Chris Isidore |
A decline in stocks in the rail, trucking, air and third-party sectors led to a 0.5 percent decline
GDANSK SHIPYARD ON BRINK OF FAILURE
Andrew Hope |
The Gdansk Shipyard, home of the 1980 Solidarity riots that began Poland's long road to democracy an
JOURNAL OF COMMERCE - FAST FACTS \ FERTILIZER EXPORTS
Global Trade Information, Columbia, S.C. |
No text.
A BIG SPOT OF TEA MARKET
Scott Straus |
Along this muddy dirt road in the heart of Kenya's tea country, Malakwen Koech and his family posses
BRIEFS
From Wire and Staff Reports |
TWO STEAMSHIP LINESTO SHARE CHARTER SPACENEW YORK - Two steamship companies, Chilean Line In
ATLANTIC RATES HOLD STEADY \ TACA ABSORBS RISE IN BUNKER PRICES, SPARING CUSTOMERS
Tom Baldwin |
The price of shipping goods across the Atlantic to and from North America is holding steady, as cons
TECH TALK - MICHAEL BERMAN \ 2 FOREIGN LANGUAGE SOFTWARE SERIES HAVE THAT CERTAIN JE NE SAIS QUOI
Michael Berman |
The multinational nature of the transportation business makes it imperative that industry VIPs bone
APL, MANILA HANDLER WIN KARACHI CONTRACT \ TWO PLAN TO DEVELOP 3 BERTHS, BOX FACILITY
P.T. Bangsberg |
American President Lines and the dominant box handler in the Philippines will jointly develop three
THAI "TRANSPARK' MAY CLEAR AIR
Ron Corben |
Development of a global transpark on the eastern seaboard may be the answer to Federal Express Corp.
COST OF CREDIT
JOC Staff |
Monday, June 10, 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
US DOLLAR FALLS SLIGHTLY, BUT BUYERS EASE DECLINE
Knight-Ridder Financial |
The U.S. dollar declined slightly Monday, but buying interest on the dips kept the dollar from falli
BRIEFS
From Wire and Staff Reports |
SPAIN OPPOSES DEALBETWEEN EU, CANADABRUSSELS - A European Union summit with Canada later thi
Maritime
CARIBBEAN ISLAND NATIONS URGED TO STEP UP REFORM \ PER CAPITA GROWTH LAGGING IN REGION
Richard Lawrence |
Caribbean island nations must step up economic and social reform or risk falling further behind in t
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercentYear Closing ChangeHigh/ Price
FREIGHT RATE FUTURES
JOC Staff |
June 10, 1996Baltic International Freight Futures Market Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
PORTVIEW DATA SYSTEMWINS FIRST-PLACE AWARDVANCOUVER, British Columbia - Vancouver Port Corp.
BALTIC FREIGHT INDEX
JOC Staff |
1315 (June 10, 1996) Previous day - 1322The Baltic International Freight Futures Market in L
HONG KONG'S ELITE GETTING BAD REPUTATION
Gene Linn |
As Hong Kong readies for its transfer to China next summer, a battle has intensified between the col
Maritime
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