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SHIP LINES SLASH RATES FROM ASIA \ PER-CONTAINER CHARGE DROPS BELOW $1,600 FROM $2,600 IN 1995
Peter Tirschwell |
For retailers and others that import footwear from Asia, 1996 will be remembered as the year ocean c
NEW REGULATIONS WEIGH ON IMPORTERS
Bill Mongelluzzo |
New customs regulations appear to have placed a greater burden on footwear importers than on most ot
US FOOTWEAR EXPORTS STILL TREADING ON SHAKY GROUND
Don Amerman |
Don't look for U.S. footwear exports to bounce back this year from their dismal performance of 1995.
EU ROUNDUP - BRUCE BARNARD \ THE EU ENERGY COMMISSIONER IS ABOUT TO THROW IN THE TOWEL
Bruce Barnard |
Compromise on opening electricity markets appears unlikely, so the European Commission may pass the
Maritime
TRADE BODY RELAUNCHED IN EAST AFRICA
Scott Straus |
After a year of delays, the three presidents of Kenya, Uganda and Tanzania recently relaunched a reg
Maritime
PEPSICO CRITICS UNMOVED BY SALE OF MYANMAR STAKE
Paula L. Green |
Doing business in Myanmar is still a political headache for Pepsico Inc. despite the company's recen
Maritime
BRIEFS
From Wire and Staff Reports |
SOFTWARE MAKERS BACKENCRYPTION LEGISLATIONWASHINGTON - U.S. software producers said they ful
Maritime
ANONYMOUS ACCOUNTS CAUSE RIFT IN AUSTRIA
Caroline Drees |
Austria's battle to save its anonymous bank accounts has opened up a rift in the government after a
Maritime
MYANMAR BETS ON TOURISM AS BIG FOREIGN EXCHANGE EARNER \ COFFERS ARE DRAINED AS INVESTORS RETREAT
Ron Corben |
Myanmar government officials are hoping tourism will become a significant foreign exchange earner as
Maritime
EU PLANS TO PUT PRESSURE ON JAPANESE NOT TO RENEW US SEMICONDUCTOR PACT
Bruce Barnard |
Europe's three biggest electronics firms will intensify pressure on Japan this week not to renew a c
Maritime
BRIEFS
From Wire and Staff Reports |
TATE & LYLE'S US UNITPLANS LACTIC ACID PLANTLONDON - Tate & Lyle's U.S. subsidiary A.E. Stal
TEXAS CHICKEN GIVES VIETNAMESE THEIR FIRST TASTE OF US FAST FOOD
Reuters |
Vietnam was scheduled to get its first U.S. fast-food restaurant this weekend with the opening of a
Maritime
BRIEFS
From Wire and Staff Reports |
UNION CARBIDE TO BUILDCOMPLEX IN MALAYSIANEW YORK - Union Carbide Corp. said Friday it plans
PHILIPPINE REFINERS HAVE VARIED REACTIONS TO DEREGULATION PLAN
P.T. Bangsberg |
As full deregulation of the Philippine oil market inches closer, companies that have enjoyed a long
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 3, 1996Prevailing sellers' posted prices at the close of business, representing t
STEPS AGAINST MIDEAST HURT US MORE, EXPERTS CLAIM
Arthur Gottschalk |
Sanctions aimed at forcing Iran, Libya and other nations into line with U.S. policy may harm U.S. in
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
BRIEFS
From Wire and Staff Reports |
TOWER LOST $8 MILLIONIN FIRST QUARTERNEW YORK - Tower Air Inc. announced a first-quarter net
CSX TAPS CASSIDY TO CHAIR NEW BOARD
Rip Watson |
CSX Corp. Friday promoted Duane H. Cassidy, former chief of CSX Transportation's sales and marketing
RUSSIAN CARRIER, LYNDEN JOIN FORCES
From Wire Reports |
Lynden International has forged an exclusive agency agreement with Russian Air Services in the Russi
SEA-LAND EXPANDING IN MEDITERRANEAN
Journal Of Commerce Staff |
Sea-Land Service Inc. announced several service developments late last week scheduled to take effect
BN, TEXAS UTILITY MUM ON STB RULING
Rip Watson |
The first Surface Transportation Board decision covering maximum rail rates has drawn little immedia
GD CHAIRMAN SHOWS INTEREST IN BUYING NEWPORT NEWS YARD
Associated Press |
The top executive of General Dynamics Corp. said his defense contracting company may be interested i
AUTO PARTS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
IRS ACTION THREATENS CALIFORNIA QUAKE PLAN \ TAX-EXEMPT STATUS OF CEA IS REVOKED
Peter Tirschwell |
Delivering a serious setback to the planned California Earthquake Authority, the Internal Revenue Se
MANULIFE SEWS UP JOINT VENTURE IN CHINA \ CANADIAN INSURER CHOOSES ITS PARTNER
P.T. Bangsberg |
Five months after reaching broad agreement, Canada's largest life company chose its partner in what
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
BRIEFS
From Wire and Staff Reports |
BILL ON RIGHTS OF INSUREDSIGNED IN COLORADODENVER - Colorado Gov. Roy Romer singed a bill th
BRITISH FIRMS TO CUT JOBS IN MERGER \ ROYAL-SUN MARRIAGE TO CREATE COUNTRY'S LARGEST INSURER
Staff And Wire Reports |
Royal Insurance Holdings PLC and Sun Alliance Group PLC said Friday they will merge into Britain's b
CLINTON OFFICIAL BLASTS LATEST SUPERFUND OFFER
Margo D. Beller |
An official at the Environmental Protection Agency called the latest House Republican compromise off
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
CANADIAN INVESTMENTSIN CHINA MAY DWINDLEOTTAWA - Canadian direct investment in China has inc
Maritime
JOURNAL OF COMMERCE - FAST FACTS \ EXPORTS' SHARE OF US MACHINE TOOL SHIPMENTS
Association for Manufacturing Technology, McLean, Va. |
No text.
US SEEKS TO END GREASING OF PALMS
Tara Patel |
Whether it's ''baksheesh'' in India or a ''pot-de-vin'' in France, bribes clinch business deals all
DEMS BALK AT HOUSE SHIPPING LEGISLATION \ DEREGULATION MEASURE SEEN DEAD IN SENATE
William Roberts |
A bill to deregulate ocean shipping, passed in the House this week, faces a serious battle in the Se
COST OF CREDIT
JOC Staff |
Thursday, May 2, 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
FALLING PRICES OF US BONDS, RISING YEN HAMMER DOLLAR
Knight-Ridder Financial |
The U.S. dollar was dragged down Thursday by a surging Japanese yen and a falling U.S. bond market.<
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 5, '95, - May 2, '96 (a graph)(2)DAI
ANGRY BRITISH FARMERS SAY CATTLE CULL IS A SHAMBLES
Reuters |
Angry British farmers Thursday attacked government arrangements to kill thousands of cattle and rest
Maritime
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