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MEXICO'S CHIEF OF STATE ON TRIP TO CANADA
Kevin G. Hall |
President Ernesto Zedillo Ponce de Leon heads north today on the broadest trade and investment missi
Maritime
COLOMBIA'S MEAN BEAN MACHINE
Gilles Castonguay |
Colombia's coffee industry may be on the brink of a revolution thanks to a machine that processes be
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
JOFC BUYS AIR CARGO MAGAZINE FROM K-III
JOC Staff |
Air Cargo World, a 54-year-old monthly magazine, has been acquired by The Journal of Commerce Inc.,
PORT SEEKS OPERATOR FOR STATEN ISLAND RAIL
Gregory S. Johnson |
The Port Authority of New York and New Jersey, after several fits and starts, plans next month to se
MARYLAND OKAYS PLAN TO EXPAND CONTAINMENT SITE NEAR PORT OF BALTIMORE
Journal Of Commerce Staff |
Maryland has approved the enlargement of a containment site near Baltimore that will meet the port's
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
AS OF APRIL 30, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docu
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended June 1, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
OPEC HANGS ON, A MERE SHADOW OF ITS FORMER SELF
Nicholas Moore |
The OPEC that gathered in Vienna last week for its 100th ministerial conference was a shadow of the
BRIEFS
From Wire and Staff Reports |
CHUBB GROUPDISCOVERS COLUMBUSWARREN, N.J. - Chubb Group of Insurance Cos. has opened a branc
CFC BAN FUELING A PRODUCT MARKET
Russ Banham |
A ban on the production of chlorofluorocarbons by industrialized nations has fueled the development
NO CHILL IN INSURANCE RATES SEEN FOR REFRIGERATED CARGO \ EQUIPMENT FAILURE, THEFT MAJOR FACTORS
Margo D. Beller |
Insurance rates are remaining high for refrigerated cargoes because of an increasing theft rate comb
FAIRNESS A CONCERN OF SHIPPERS
Gregory S. Johnson |
Shippers say their objections to the proposed Union Pacific-Southern Pacific merger is not about Kan
CHECHNYA'S SHARE OF OIL TRANSIT FEES MAY FALL SHORT
Michael S. Lelyveld |
Chechnya's share of transit fees for carrying Caspian Sea oil to the West are likely to provide only
Maritime
UP REJECTS $1.9 BILLION BID FOR PART OF SP \ EACH SIDE CLAIMS SHIPPER SUPPORT
Rip Watson |
Union Pacific Corp. rejected Conrail's sweetened $1.9 billion offer to purchase a key portion of Sou
FREIGHT RATE FUTURES
JOC Staff |
June 7, 1996Baltic International Freight Futures Market Prev.Close High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 7, 1996 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire and Staff Reports |
CHAMBER URGES INDIATO HONOR ENRON ACCORDNEW DELHI - The Federation of Indian Chamber of Comm
SOARING RATES TO CHILL SHIPPERS \ RISING SHIPMENTS OF PERISHABLES OUTSTRIP GROWTH IN CARGO CAPACITY
Erich E. Toll |
Shippers of refrigerated cargo are likely to be chilled by rising freight rates, as growth in perish
ARE RAILROADS EXITING REFRIGERATED TRANSPORT? \ THE ANSWER DEPENDS ON CARRIER DEMANDS AND LOCATION
Dan Lang |
Some shippers of perishable products believe railroads may be aiming to get out of the business of p
A COTTAGE INDUSTRY OF SHIPPERS \ "SYNCHRONICITY' HELD KEY TO GOOD OPERATION
Russ Banham |
Moving perishable commodities like fruits, meat or even blood products requires specialized refriger
AGENCIES PURCHASE STRETCH OF TRACK
Peter Tirschwell |
A group of public agencies has purchased a 116-mile stretch of track in northern California from Sou
SHY TYCOON SUBJECT OF INDUSTRY ATTENTION
Robin Bulman |
Dennis Washington, arguably Montana's most successful native son, has the temerity to think big.
QUOTE TO NOTE
John Sweeney |
''They called me a communist.''
Maritime
DOLLAR STEADY, NOW AWAITS CRUCIAL REPORTS ON ECONOMY
Knight-Ridder Financial |
The U.S. dollar was steady Thursday ahead of today's crucial economic reports in the United States a
EC URGES SUPPLY-SIDE CRUSADE TO CUT HIGH UNEMPLOYMENT RATE
Bruce Barnard |
The European Commission launched a supply-side crusade this week to create jobs and get millions of
Maritime
CAREY CAMP SAYS POLL SHOWS HE IS WELL AHEAD OF HOFFA
Journal Of Commerce Staff |
A poll for Ron Carey, International Brotherhood of Teamsters general president, shows him well ahead
FREIGHT RATE FUTURES
JOC Staff |
June 6, 1996Baltic International Freight Futures Market Prev.Close High Low
INSIDE TALK - RIP WATSON \ BATTLE LINES ARE DRAWN TIGHTLY, AS BOTH SIDES DIG IN, IN UP-SP DEAL
Rip Watson |
There's nothing like a good merger fight to bring out railroading's military roots. Railroads and mi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 6, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29.
APL CUTS ANERA RATES ON 2 KEY IMPORTS \ OTHER CARRIERS LOWER RATES WHILE PLANNING RETALIATION
Peter Tirschwell |
American President Lines has once again taken the offensive in the battle for eastbound trans-Pacifi
BRIEFS
From Wire and Staff Reports |
NORWAY OPPOSES CHANGEIN SHIPBUILDING ACCORDWASHINGTON - Norway is siding with European Union
SLUMPING JAPANESE EXPORTS HIT RATES
Michael Fabey |
The land of the rising yen has become the land of falling exports.The drop in exports to the
ALAMEDA CORRIDOR WINS FINAL APPROVAL FROM BOARD
Rip Watson |
The Surface Transportation Board on Wednesday released a decision giving final approval to the $2 bi
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 6, 1996Quotations are based on prices reported in the market or obtained from sup
GASOLINE PRICES
JOC Staff |
June 6, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 6, 1996 Brent Crude Oil - (Dollars Per Barrel)
EXCHANGES URGE CFTC AUTHORITY ON CURRENCY TRADING
Knight-Ridder Financial |
Seven U.S. futures exchanges this week urged Congress to provide ''legal certainty'' for the foreign
JOURNAL OF COMMERCE - FAST FACTS \ AIR FREIGHT TRENDS
International Air Transport Association |
No text.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 9, '95, - June 6, '96 (a graph)(2)D
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