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TWO CALIFORNIA PORTS VIE FOR COSCO ACCOUNT
Bill Mongelluzzo |
At cocktail parties in the Southern California maritime community, one of the favorite topics of con
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 31 '95, - Mar. 27, '96 (a graph)(2)
COST OF CREDIT
JOC Staff |
Wednesday, March 27, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
WORLD BANK PRESIDENT PRAISES EGYPT'S ECONOMIC REFORM PLAN
Knight-Ridder Financial |
World Bank President James Wolfensohn praised Egypt's economic reform plan Wednesday and said its pr
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
GROUNDED TANKER IS UNDER TOW TO BELFAST
Knight-Ridder Financial |
A fleet of tugs Wednesday began towing the oil tanker Sea Empress, which caused widespread oil pollu
Maritime
FRANKLIN'S NEW $100 IMAGE GETS SMOOTH RECEPTION IN RUSSIA \ ACCEPTANCE DIFFERS FROM 1990 UPROAR
Associated Press |
Forget Russia's presidential campaign. Benjamin Franklin is hogging the spotlight here this week, an
DOLLAR RISES ON POSSIBILITY GERMAN RATES WILL BE CUT
Knight-Ridder Financial |
The U.S. dollar rose Wednesday on hopes for a cut in German interest rates at today's Bundesbank cou
TRANSPORT RIEFS
Wire and Staff Reports |
BEE LINE MOTOR FREIGHTFILES UNDER CHAPTER 7OMAHA - Bee Line Motor Freight Co. and an affilia
TRANSPORTATION CALENDAR
JOC Staff |
SAFETY ON SHIPS. Through Dec. 30. New York. Exhibit on New York's Maritime Tragedies. Seamen's Churc
CANADA'S INDUSTRIAL PRICES UP 1.9 PERCENT ON YEAR, DOWN 0.2 PERCENT ON MONTH
Knight-Ridder Financial |
Canada's industrial product price index measured 129.7 (1986=100) in February, up 1.9 percent year-o
US FIRM'S ASIAN UNIT TO HELP MANILA MOVE FORWARD ON AIR HUB AT CLARK BASE
P.T. Bangsberg |
American expertise will help the Philippines move ahead with a plan to link the capital by rail with
SEA-TAC RUNWAY PROJECT CLOSER TO WINNING PERMISSION FOR TAKEOFF
WILLIAM DiBENEDETTO |
The Port of Seattle Commission edged closer to a decision to approve construction of a controversial
VOLKSWAGEN CHUGS BACK TO PHILIPPINE AUTO MARKET
From Wire Reports |
Leading German carmaker Volkswagen AG is re-entering the Philippine car market after an absence of m
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SENATE CLEARS WAYFOR HAYES APPOINTMENTWASHINGTON - The U.S. Senate has cleared the way for P
Maritime
UPS SIGNS PROVISIONAL HUB ACCORD WITH TAIWAN
P.T. Bangsberg |
United Parcel Service Inc. hopes to have a transshipment hub operating in Taiwan by this fall, havin
DOLE WINS BIG IN CALIFORNIA PRIMARY, BUT FUTURE SUCCESS IN STATE UNCERTAIN
Peter M. Tirschwell |
Perhaps the only consolation for California this week was that Bob Dole would not declare victory in
Maritime
BRUSSELS IMPOSES GLOBAL SALES BAN ON BRITISH BEEF
Katherine Butler |
The European Commission moved Wednesday to allay international fears about the safety of European be
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 252.66 up 0.22 wh
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
PACIFICORP SIGNS PACTFOR UNIT TO LEASE POWERNEW YORK - PacifiCorp, a large Western utility,
TRANSPORT FUNDS PLAN FACES HOSTILE HEARING \ OPPONENTS FEAR ADDED FALLOUT
William L. Roberts |
Rep. Bud Shuster's efforts to take $30 billion in transportation trust funds out of the federal budg
GOVERNMENT EXAMINES "MADE IN AMERICA' CLAIMS
Darlene Superville |
The label ''Made in America'' should mean exactly what it says, according to consumer advocates back
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 27, 1996Quotations are based on prices reported in the market or obtained from su
AID FOR RUSSIA COULD BOOST PROSPECTS FOR US BUSINESS
Richard Lawrence |
A $10.1 billion International Monetary Fund loan announced late Tuesday could significantly improve
Maritime
WTO SEES 7 PERCENT GROWTH IN WORLD EXPORTS
John Zarocostas |
The volume in world merchandise exports is forecast to increase by 7 percent in 1996, or slightly le
Maritime
QUOTE TO NOTE \ NO COMMENT:
_ Mickey Kantor |
''Mrs. Kantor didn't raise any fools and I'm not about to get into a negotiation.''
Maritime
BLAST ROCKS GAS PLANT IN NEW JERSEY, SITE OF FATAL 1995 EXPLOSION
Rich Timlen |
An explosion at an industrial gas plant near the Delaware River here triggered a fire that burned fo
US BLOCKS INDIAN REQUEST FOR TRADE PANEL
Special to The Journal of Commerce |
The United States blocked Wednesday India's request to establish trade panels regarding import restr
Maritime
GASOLINE PRICES
JOC Staff |
Mar. 27, 1996RESELLER RACK Unleaded Mid- Premium-Unle
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 27, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
INDIA EASES CURBS ON RANGE OF IMPORTS
N. Vasuki Rao |
Changes in trade policy announced this week by India's Ministry of Commerce should prove a boon to U
Maritime
EU COMMISSION OKS BRITISH AID OF $68.7 MILLION FOR JAGUAR
Katherine Butler |
The European Union's Executive Commission has approved a British government cash injection to help c
Maritime
UNION PROTEST GROWS TO BID TO PRIVATIZE FRENCH TELECOM FIRM
Tara Patel |
A new round of fierce union opposition could dash France's hope of privatizing within the next two y
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
HEAD OF AMERICAN CHAMBER IN MEXICO TOUTS NAFTA GAINS
Kevin G. Hall |
U.S. businesses in Mexico will have to get in the political trenches during the U.S. presidential ca
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
THAI FIRM SAYS IT'S BUILDING ASIA'S 1ST MULTIMEDIA HIGHWAY IN SPACE
Ron Corben |
A young and aggressive Thai media and communications company is pushing what it sees as Asia's first
Maritime
BENICIA TAKEOVER FORMS NO. 1 US AUTO PROCESSOR
Peter M. Tirschwell |
The rapidly expanding Benicia Ports PLC has acquired Hobleman Port Services in Baltimore, making it
PANELIST LOOKS TO IRAN AS FUTURE INTERMODAL HUB
Chris Isidore |
Iran as a major hub for intermodal business?It's certainly not the case today. But Forrest E
MORE MODERATE PLAN FOR DEREGULATION GETS COOL RECEPTION
Allen R. Wastler |
A middle-ground proposal for deregulating the shipping industry met with a chilly reception here.
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