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CN PLANS ANOTHER DOSE OF CUTBACKS
Rip Watson |
Canadian National Railway employees and customers can count on another stiff dose of cutbacks in the
CORRECTION
JOC Staff |
The story headlined ''Stevedore's Chapter 11 filing rocks Philadelphia port,'' which appeared Wednes
Maritime
HONG KONG'S FUTURE SEEN AS SOUTHERN CHINA HUB
Knight-Ridder Financial |
The longer term development of Hong Kong's port services will be as a hub for southern China, with f
Maritime
NORWAY BLASTS US FOR STALLING ON MARITIME LIBERALIZATION
John Zarocostas |
Norway is accusing the United States of double standards in global trade talks here, saying it is no
Maritime
PIRACY WORSE IN CHINA DESPITE ACCORD WITH US, SOFTWARE INDUSTRY GROUP SAYS
Knight-Ridder Financial |
Violations of intellectual property rights have grown worse in China since Beijing and Washington re
SHIPPING CHIEF: BRITAIN BACKS "FLAGGING OUT'
Knight-Ridder Financial |
The government appears to be encouraging shipowners to leave the British fleet and sail under foreig
Maritime
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
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