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Commentary
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CLARIFICATION
JOC Staff |
The article ''Shippers specify terms under which they'd back UP-SP,'' which appeared April 8 on Page
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended April 27, total piggyback freight hauled on the nation's major railroads equaled
GROUP READY TO BUILD MEXICAN POWER PLANT \ GOVERNMENT CONTRACT CALLS FOR 20-YEAR LEASE
Kevin G. Hall |
After years of political and financing problems, a private consortium is poised to construct and ope
Maritime
US FOOTWEAR IMPORTS TREAD FLAT TRACK IN '96 \ CHINA CONTINUES TO DOMINATE LOWER END OF MARKET
Maria Carlino |
After steadily rising since 1990, U.S. footwear imports dropped last year and will likely remain fla
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 3, 1996Prev. Life of Contr. Open Open High Low
SPECIALTY MARKET TARGETED
Charles W. Thurston |
Latin American footwear exporters are struggling to hold on to U.S. market share as increasing Chine
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 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
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
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
ON THE WATERFRONT - BARRY HOROWITZ \ IS IT TIME TO GET READY FOR THE NEXT D-DAY?
Barry Horowitz |
Well, at least now we can begin to make our plans for D-Day - you know, Deregulation Day. Long await
SENATE COMMITTEE SEEKS TO SHIFT DRUG DISPUTE TO FEDERAL COURTS
Anick Jesdanun |
A Senate Republican pushing to eliminate a major windfall for the manufacturers of brand name drugs
Maritime
TURNOUT FOR RAIL SHIPPER MEET SURPRISES INDUSTRY
Gregory S. Johnson |
The robust attendance at this year's National Association of Rail Shippers conference reflects a rem
**BALTIC FREIGHT INDEX
JOC Staff |
1458 (May 3, 1996) Previous day - 1455The Baltic International Freight Futures Market in Lon
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 3, 1996 Brent Crude Oil - (Dollars Per Barrel)
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
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
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
2 OCEAN CARRIERS BULK UP FLEETS IN SOUTH AMERICA
Michael Fabey |
Two ocean freight carriers are replacing ships in the South American trade with bigger and faster ve
CF MOTORFREIGHT WINS 3-YEAR 3M CONTRACT
Gregory S. Johnson |
3M Co. has awarded CF MotorFreight a three-year contract that makes the Palo Alto, Calif., trucker i
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 12, '95, - May 3, '96 (a graph)(2)DA
COST OF CREDIT
JOC Staff |
Thursday, May 2, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
HONDA DRIVES UP OREGON IMPORTS \ WEST COAST'S GAIN IS EAST COAST'S LOSS
Journal Of Commerce Staff |
American Honda Motor Co. will boost its yearly auto imports through the Port of Portland, Ore., by a
QUOTE TO NOTE
Rudolf Scharping, Leader of Germany's opposition Social |
''It's sour beer for families and free beer for the wealthy.''
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 256.78 off 1.17
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
CLINTON OFFICIAL BLASTS LATEST SUPERFUND OFFER
Margo D. Beller |
An official at the Environmental Protection Agency called the latest House Republican compromise off
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
ShipsSERVICES LINK EUROPEWITH MIDDLE, FAR EASTGENEVA - Mediterranean Shipping Co., a
EL AL SEEKS DISPENSATION TO USE PLANES ON SABBATH
Ira Rosenfeld |
In a break with traditional religious beliefs, Rafi Harlev, president of El Al Israel Airlines has u
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended April 27, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
NORTHWEST STARTS NONSTOP DETROIT-TO-BEIJING SERVICE
Associated Press |
The expanding Asian market has opened a little wider with Northwest Airlines' launch of nonstop Detr
TRANSPORT LEADERS, DOLE PUSH REPEAL OF GAS TAX
From Staff And Wire Reports |
Gasoline prices continued as a focus of presidential politics as Senate Majority Leader Bob Dole mad
SNAPSHOT
JOC Staff |
Shipping deregulation, logistics outsourcing and transloading are among the subjects topping the age
BEST FOOT FORWARD, MADE TO ORDER \ VETERAN SHOEMAKER HOPES TO LINK CRAFT, TECHNOLOGY
Don Amerman |
Alan Zerobnick, a shoemaker by trade and by heritage, is pursuing his dream of mass customization.
LOWER RATES INTO US MAY LURE MORE SHIPPERS
Ian Putzger |
Shoes may have air soles, but most go by sea, and according to conventional wisdom, airlines have li
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
CHINA MOVES CLOSER TO DECISION ON AIRCRAFT MANUFACTURING PARTNER
P.T. Bangsberg |
With Boeing Co. evidently out of the running, European consortium Airbus Industrie looks to be the l
RAIL EXECUTIVES SPAR OVER PROPOSED MERGER
Gregory S. Johnson |
Transportation managers kept their gloves on and let rail executives spar over the proposed merger o
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