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Commentary
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SOUTH CHINA SEA OIL CLAIMED BY MANY NATIONS
P.T. Bangsberg |
Vietnam is accelerating a smoldering territorial dispute with China, embroiling two U.S. oil compani
HEARINGS SET FOR SUPERFUND \ BOTH CHAMBERS PUSH FOR FLOOR VOTES BY MEMORIAL DAY
Margo D. Beller |
The Senate has leapfrogged over the House in scheduling hearings on a bill reforming the 15-year-old
FORMER UK AGENT FOR ABC PLANS TO LAUNCH SERVICE
Janet Porter |
The former U.K. agent of bankrupt ABC Containerline is planning to start a liner shipping service be
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
STRATEGIC PLANNING ESSENTIAL TOOL
Gregory S. Johnson |
Strategic planning for logistics providers will pay for itself by helping companies avoid the pitfal
FREIGHT RATE FUTURES
JOC Staff |
Apr. 12, 1996Baltic International Freight Futures Market Prev.Close High Low
LAOS TORN BY FIGHT OVER TELECOM SECTOR
Ron Corben |
A bitter battle for control of the fledgling telecommunications sector in Laos may reflect wider con
Maritime
BRIEFS
From Wire and Staff Reports |
UKRAINIAN NUCLEAR PLANTREPORTS MINOR LEAKKIEV, Ukraine - A minor leak occurred at a Ukrainia
CHINA CUTS COAL EXPORT TARGETS
P.T. Bangsberg |
China is cutting its target for coal exports this year by 10 million metric tons, or 25 percent, say
LOUISIANA LEGISLATORS CLOSE TO BAN ON SOME PUNITIVE DAMAGE AWARDS
Wire And Staff Reports |
A final vote in the state Legislature is expected to reinforce state Senate approval of a revived bi
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
COST OF CREDIT
JOC Staff |
Friday, April 12, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
BRIEFS
From Wire and Staff Reports |
S&P LOWERS RATINGOF ALLIANZ FINANCENEW YORK - Standard & Poor's has lowered its commercial p
BALTIC FREIGHT INDEX
JOC Staff |
1450 (Apr. 12, 1996) Previous day - 1454The Baltic International Freight Futures Market in L
ASIAN DEVELOPMENT BANK \ GOODS, WORKS, SERVICES
Development Business, United Nations |
UNION SWITCH & SIGNAL INC.PittsburghAmount of contract: $6,487,885.Contract descript
Maritime
PARIS HOPES TO WIN FEDERAL EXPRESS HUB OVER AMSTERDAM
Tara Patel |
The Paris airports authority is counting on Federal Express to boost cargo traffic after being outpe
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 12, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
LOS ANGELES THREATENS SUIT OVER PIPELINE
Associated Press |
A California state agency gave preliminary approval to a 132-mile pipeline that would carry crude oi
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 12, 1996Prev. Life of Contr. Open Open High Low
STATE LAW THREATENS GROUP DISCOUNTS
Associated Press |
The largest auto insurer in Massachusetts says that unless a state law is changed, as many as 90 per
FARMERS GET EXTENSION ON SPRING CROP COVER
Associated Press |
Farmers have been given until May 2 to obtain catastrophic-risk protection coverage for their spring
BRIEFS
From Wire and Staff Reports |
TANKER LAWSUIT BEGINSIN ENGLISH HIGH COURTLONDON - Investors in a failed tanker fund seek $7
SHIP LINES URGE CENTRAL DISPATCHING FOR TRUCKS
Bill Mongelluzzo |
Hoping to head off a politically imposed solution to the congestion problem at the ports of Los Ange
SEATTLE PORT MAKES ROOM FOR EXPANSION
WILLIAM DiBENEDETTO |
The Port of Seattle is starting the long and expensive process of acquiring properties and relocatin
TRADERS, EXPORTERS EXPECT WEAKER COTTON DEMAND \ OUTLOOK FOR SALES TO THE FAR EAST HAS CLOUDED UP
Howard Simon |
The South still hails it King Cotton. Yankees describe it as the natural fiber. But to many commodit
CHINA MOVES TO BOOST SHIPBREAKING \ STEEL EXPORTS TO BE EXEMPT FROM TAX
P.T. Bangsberg |
The ever-tighter links between Hong Kong and China seem to be proving helpful in moves to revive the
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 11, 1996Prev. Life of Contr. Open Open High Low
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Apr. 11, 1996Prevailing sellers' posted prices at the close of business, representi
EASTMAN SWITCHES SITE OF PLANT TO SINGAPORE
P.T. Bangsberg |
Eastman Chemical Co. is switching the site of its plant to produce what are called oxo chemicals to
CLEAN BILL OF HEALTH FROM DRUG TESTING COSTS TRUCKERS BILLIONS
Chris Isidore |
Builders Transport Inc. spent about $750,000 it didn't have last year complying with federal drug an
MALAYSIA'S OCEAN SHIPPING LINES TAKE STEPS TO INCREASE FLEET SIZE
P.T. Bangsberg |
A Malaysian bulk operator is the latest to announce an increase in fleet size, backing government ca
COST OF CREDIT
JOC Staff |
Thursday, April 11, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FLEXIBLE DISTRIBUTION SYSTEMS ESSENTIAL
Gregory S. Johnson |
Supply chain managers better get used to the idea of continually revamping their distribution system
RUSSIANS STUDY S. CALIFORNIA'S FOOD CHAIN
Bill Mongelluzzo |
The Russian people would be eating much better today if wholesale distributors could get food from t
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lo
SPOT COMMODITIES
JOC Staff |
Apr. 11, 1996Included are list prices of suppliers. Quotations do not necessarily represent
LLOYD'S, CALIFORNIANS TUSSLE OVER POSSIBLE LIEN AGAINST FUNDS
HELEN R. MacLEOD |
Lloyd's of London has accused the California Department of Corporations of releasing ''grossly inacc
SATELLITE MAKERS WARY OF CLINTON EXPORT MOVE
Michael S. Lelyveld |
The Clinton administration has called a well-timed truce in an interagency turf war over exports of
BRIEFS
From Wire and Staff Reports |
WESTERN PACIFIC PLANSTO BUY BOEING 737SSEATTLE - Western Pacific Airlines, a new-start disco
SPAIN JOBLESS RATE DECREASES
Knight-Ridder Financial |
Spain's unemployment rate in March was 15.30 percent, down from 15.44 percent in February and 16.47
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