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CHINA'S INTERMODAL SYSTEM WILL NEED MORE PRIVATE FUNDS, OOCL OFFICIAL SAYS
Allen R. Wastler |
China will probably turn to private investment to get its intermodal infrastructure off the ground,
BRIEFS
From Wire and Staff Reports |
MASS TRANSIT PROJECTMAY COME TO A HALTBANGKOK - The company building Thailand's first mass t
US TRADE DEFICIT SOARED IN JANUARY BETTER BALANCE EXPECTED FOR YEAR
Richard Lawrence |
The United States is headed for a better trade balance this year despite a sharply higher deficit in
Maritime
CHINA STOPS LOGGING OLD FOREST
Reuters |
Chinese forestry authorities have suspended logging of primeval forest in southwestern Yunnan provin
MOST OIL FIRMS CHANGE PRICING POLICIES AS JAPAN GETS READY TO OPEN MARKET
Associated Press |
Most oil companies in Japan have adopted new pricing policies as Japan is set to liberalize imports
RUSSIAN REFINERY PLANS NEW COMPLEX
Reuters |
Norsi, one of Russia's biggest oil refineries, has agreed with Moscow Narodny bank to borrow $250 mi
WESTERN NATIONAL POSTS LOSS FOR FOURTH QUARTER
From Wire And Staff Reports |
Western National Corp. announced a reduced profit for the year and a loss for the fourth quarter.
TWO INSURERS EXPAND THEIR ROLES IN CHINA
Knight-Ridder Financial |
Two foreign insurance companies are positioning themselves for the opening of China's insurance mark
WE HAVE A NEW PAPER, A NEW LOOK FOR YOU
Donald Holt |
The paper you are reading is 168 years and 228 days old - and as new as today.We have a new
JOFC EDITOR EMERITUS ALBERT KRAUS DIES
Journal Of Commerce Staff |
Albert L. Kraus, editor emeritus of The Journal of Commerce, died Thursday following a short illness
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 28, 1996Prev. Life of Contr. Open Open High Low
GASOLINE PRICES
JOC Staff |
Mar. 29, 1996RESELLER RACK Unleaded Mid- Premium-Unle
LLOYD'S GETS BRITAIN'S NOD TO ESTABLISH NEW COMPANY
John Sanders |
The British government Friday gave conditional authorization to Lloyd's of London's proposals to tra
BRIEFS
From Wire and Staff Reports |
FEDEX PILOTS URGEDTO REJECT PROPOSALMEMPHIS - Federal Express Corp. pilots should refuse a c
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS \ (CENSUS BASIS _ IN MILLIONS OF DOLLARS)
U.S. Commerce Department |
JANUARY 1996 DECEMBER 1995 JANUARY 1995EXPORTS* IMPORTS** EXPORTS* IMPORTS**
TUG POOL FORMED ON SAN FRANCISCO BAY
Peter M. Tirschwell |
A rapidly consolidating tugboat industry on San Francisco Bay has led two independent operators to c
BRIEFS
From Wire and Staff Reports |
MEXICO RESPONDSTO NAFTA COMPLAINTMEXICO CITY - The Mexican government has formally responded
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended Mar. 23, 1996, vs. Similar 1995 PeriodCars Cars Loaded Loaded
BRIEFS
From Wire and Staff Reports |
HEALTH INSURANCE BILLFACES UNCERTAIN FUTUREWASHINGTON - Americans would be able to keep thei
MARAD'S BULK VESSEL SUBSIDIES UNDER FIRE IN WASHINGTON
Stephanie Nall |
The legality of new bulk vessel operating subsidies recently awarded by the Maritime Administration
INK BARELY DRY ON PACT, UPS ADDS JAPAN FLIGHTS
Gregory S. Johnson |
Taking advantage of a just-concluded U.S.-Japan air cargo agreement, United Parcel Service is adding
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COST OF CREDIT
JOC Staff |
Friday, March 29, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
TRADE MINISTERS CHART YEAR'S COURSE TOWARD AMERICAS TRADE PACT GOAL
Journal Of Commerce Staff |
Trade ministers meeting in Cartagena, Colombia, late last month to forge a Free Trade Agreement of t
Maritime
HONG KONG CONTAINER KINGPIN WINS BATTLE FOR RIVER TERMINAL AS CHINA LINK
P.T. Bangsberg |
The conglomerate owning Hong Kong's largest container handler has won the fight to build the colony'
BRIEFS
From Wire and Staff Reports |
DAEWOO DEVELOPSDEEP-SEA VEHICLESEOUL - South Korea's Daewoo Heavy Industries Ltd. said it ha
FRENCH SHIPOWNERS BRACE FOR "ZONE OF TURBULENCE' \ POSSIBLE REDUCTIONS IN SUBSIDIES FEARED
Tara Patel |
French shipowners are bracing themselves for a difficult year due to slowed economic growth, overcap
SPOT PRODUCT PRICES
JOC Staff |
Mar. 29, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lo
SENIOR TRADE OFFICIAL: US DRAGGING FEET ON GLOBAL SHIPPING SERVICES AGREEMENT
Allen R. Wastler |
Shippers in this country may lose a chance to get better, cheaper overseas transportation if the Uni
BREMER VULKAN SAYS CAPITAL WIPED OUT BY WRITE-DOWNS, PLANNED SPINOFF
Reuters |
Ailing German shipbuilder Bremer Vulkan AG said on Friday its equity capital had been wiped out as a
DAILY PETROLEUM PRICES
JOC Staff |
Friday Mar. 29, 1996Prevailing sellers' posted prices at the close of business, representing
ON THE WATERFRONT - BARRY HOROWITZ \ DOES DEREGULATION ADD UP TO A BARGAIN FOR OCEAN SHIPPERS?
Barry Horowitz |
When the National Industrial Transportation League and Sea-Land Service Inc. reached agreement last
BRIEFS
From Wire and Staff Reports |
RICHMOND ADDSANOTHER RUNWAYRICHMOND, Va. - Richmond International Airport would add a runway
JANUARY EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
Maritime
CMA JOINS THOSE SEEKING TO DERAIL UP-SP MERGER
Gregory S. Johnson |
Shipper groups continue their bashing of the proposed Union Pacific Corp.-Southern Pacific Lines mer
CANADIAN CURBS ON WHEAT ANGER US EXPORTERS, PORTS
John Maggs |
Canada's new restrictions on imports and transshipments of U.S. grain will shut down a 5 million-ton
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
INVESTIGATORS SCRUTINIZE SALINAS' BROTHER'S ACCOUNTS
Andres Oppenheimer |
U.S., Mexican and Swiss law enforcement agents will question a senior New York-based Citibank office
Maritime
BRIEFS
From Wire and Staff Reports |
SHELL TO IMPLEMENTMONITORING PROGRAMLONDON - Shell International will implement a monitoring
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