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"CROWN JEWELS' OF CANADA \ OTTAWA WANTS TO CHANGE PORT PLANS
Aviva Freudmann |
Last December, Canada's Liberal government announced a sweeping plan to get out of the business of r
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
BRIEFS
From Wire and Staff Reports |
NEW ZEALAND BREWERWILL BUILD CHINESE PLANTMELBOURNE, Australia - New Zealand beer brewer Lio
Maritime
BRIEFS
From Wire and Staff Reports |
NEW JERSEY SPILL CLEANUPTO TOP $2 MILLIONNEW YORK - Cleanup costs were set to top $2 million
BRIEFS
From Wire and Staff Reports |
LOCKHEED MARTIN GETS$51 MILLION IN CONTRACTSDALLAS - Lockheed Martin Vought Systems, a unit
JAPANESE LINES FIND ASIAN TRADE PROMISING
Knight-Ridder Financial |
Japan's major shipping companies found the going rough on North American and European routes, but As
RUPEE CONVERTIBILITY ON HOLD
Knight-Ridder Financial |
Finance Minister Jaswant Singh Friday said the government would not make the rupee fully convertible
Maritime
HIGH-TECH DRIVES DEEP-WATER DEAL \ BP PLANS TO TAP NEW FIELD IN GULF
Hillary Durgin |
Aided by technology-driven cost cuts, a group of major oil companies led by British Petroleum has ap
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 259.73 off 0.46
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 17, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
MEXICAN CRIME WAVE HAS DIRECT IMPACT ON BUSINESS SECTOR
Kevin G. Hall |
An unprecedented crime wave sweeping Mexico is hitting business hard.The bungled December 19
MARCH EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
Maritime
INVESTORS WARY OF RUSSIA \ POSSIBILITY OF COMMUNIST VICTORY KEEPS FOREIGN FIRMS ON SIDELINES
Michael S. Lelyveld |
Western investors hoping to make sense of Russia's June 16 presidential elections might be advised t
ROUGH ROAD AHEAD FOR ECONOMIC REFORM
Kevin G. Hall |
Finance ministers from across the Americas were expected to agree over the weekend to target higher
Maritime
TRADE PACTS SEEN BOOST TO FOOD, DRUG SECTORS
John Zarocostas |
The Uruguay Round's liberalization accords should boost the availability and quality of pharmaceutic
Maritime
WISCONSIN CENTRAL STIRS UP BRITISH UNIT
Journal Of Commerce Staff |
Three senior executives of Wisconsin Central Transportation Corp. are being transferred to key posit
TRADE RIFT WORRIES US PORTS \ CAUTION URGED ON SANCTIONS
Bill Mongelluzzo |
As the United States threatens to impose trade sanctions on $3 billion worth of imports from China,
BERNDSEN PREDICTS WAVE OF MERGERS
Janet Porter |
Who will make the first move? Which ocean carriers will be at the vanguard as alliances are consolid
OPENING MARKETS, CLOSING DOORS \ CHINESE TRADE MINISTER: FEISTY AND TOUGH
Joe Studwell |
Wu Yi, China's Minister of Foreign Trade and Economic Cooperation, can expect to take some heat as W
GROWTH BRINGS NEW PRESSURES ON ASEAN AS IT MAPS STRATEGY
P.T. Bangsberg |
The Association of Southeast Asian Nations - first five, now seven and (fairly) soon 10 - finds itse
INDIA WIDENS SHARE OF TRADE \ EXPORTS IN FISCAL '96 SAID TO HAVE RISEN 21 PERCENT TO $31.8 BILLION
N. Vasuki Rao |
In 1951, four years after gaining independence from Britain, India's share of world trade was 2.1 pe
EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED COUNTRIES AND AREAS
U.S. Commerce Department |
(Census basis - in millions of dollars, not seasonally adjusted)TRADE BALANCE
Maritime
TEXTILE MARKET TO OPEN FURTHER \ LIBERALIZATION SPRINGS FROM AGREEMENT TIED TO URUGUAY ROUND
Paula L. Green |
The U.S. textile and apparel market is expected to open increasingly over the rest of the decade eve
BRIEFS
From Wire and Staff Reports |
SHIPSP&O CONTAINERS POSTSHIGHER REVENUELONDON - P&O Containers achieved slightly bet
TRANSPORTATION LEAGUE STANDS FIRM ON UP-SP MERGER OPPOSITION
Rip Watson |
The National Industrial Transportation League decided Friday to continue opposing the Union Pacific/
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
AS TRADE WAR LOOMS WITH US, CHINA ANNOUNCES SHUTDOWN OF PIRATE CD PLANT
Reuters |
China, stung by the prospect of a trade war with the United States over copyright piracy, trumpeted
SUMITOMO REACHES OUT FOR CHINESE PHONE VENTURE
Coco Kubota |
Sumitomo Corp., a leading Japanese trading company, said Friday it will set up a joint venture in Ch
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 26, '95, - May 17, '96 (a graph)(2)D
VALUJET CRASH SPURS CARGO CONCERNS
Gregory S. Johnson |
The gruesome crash of a ValuJet airplane last week is raising questions about what goes into the hol
BRIEFS
From Wire and Staff Reports |
WORLD BANK PLEDGESSUPPORT TO RUSSIATOKYO - World Bank President James Wolfensohn pledged sup
Maritime
QUOTE TO NOTE
Heidi Hutter |
''It's a real big mistake to define your job by your job description. I am where I am because someon
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 17, 1996Baltic International Freight Futures Market Prev.Close High Low
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 17, 1996Quotations are based on prices reported in the market or obtained from sup
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 17, 1996Prev. Life of Contr. Open Open High Low
LARGE CROP OF SOYBEANS NOT LIKELY TO CUT PRICES
Associated Press |
A comparatively large crop of soybeans is expected this fall but robust demand is likely to keep the
MOBIL BUYS SHARE IN TENGIZ OIL FIELD
Arthur Gottschalk |
Mobil Corp. on Friday said it would pay Kazakhstan $1.1 billion for a share of the giant Tengiz oil
US TRIES TO PUT SMILE ON BIG TRADE DEFICIT
Richard Lawrence |
The United States posted an $8.9 billion deficit in its goods and services trade in March, its secon
Maritime
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
U.S. Commerce Department |
(Census basis - in millions of dollars)MARCH 1996 FEBRUARY 1996 CUMULATIVE 1
Maritime
ORGANIZED LABOR SET TO FIGHT GOP ON FEDEX RIDER
William Roberts |
Organized labor and House Republicans are gearing up for yet another legislative battle, this time o
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