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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
JANUARY IMPORTS, 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
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 29, 1996Quotations are based on prices reported in the market or obtained from su
SPOT COMMODITIES
JOC Staff |
Mar. 29, 1996Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMar. 29, 1996 Brent Crude Oil - (Dollars Per Barrel)
CONGRESS PASSES AGRICULTURE BILL \ MEASURE LETS FARMERS GROW WHAT THEY WANT
Charles Abbot |
Congress Friday sent to President Clinton a bill to free farmers from most federal controls on what
NEW YORK STALEMATE SPARKS NONRENEWALS
Margo D. Beller |
Businesses and homeowners in New York's urban areas will begin receiving nonrenewal notices from the
TEXAS SHORT LINE ENDS UP-SP MERGER OPPOSITION
Kevin G. Hall |
Texas short line Brownsville & Rio Grande International Railroad has formally withdrawn concerns ove
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
BALTIC FREIGHT INDEX
JOC Staff |
1448 (Mar. 29, 1996) Previous day - 1445The Baltic International Freight Futures Market in L
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended March 23, total piggyback freight hauled on the nation's major railroads equaled
BRIEFS
From Wire and Staff Reports |
BROWN TO LEAD GROUPTO BOSNIA AND CROATIAWASHINGTON - U.S. Commerce Secretary Ron Brown will
Maritime
EU ROUNDUP - BRUCE BARNARD \ UN REPORT: EUROPEANS NEED TO BUILD BUSINESS TIES IN ASIA
Bruce Barnard |
European businessmen are playing an increasingly active role in breaking down barriers to trade and
Maritime
INDUSTRY SHRUGS OFF 900 PERCENT RISE IN CHIP TRADE DEFICIT
Robin Bulman |
Quick! What accounts for the biggest portion of the U.S. trade deficit that no one cares anything ab
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 251.23 off 1.72
UK UTILITY SAVINGS RAISE FUROR
Reuters |
Britain's United Utilities was lauded by analysts but condemned by the opposition Labor Party last w
MATERNITY INSURANCE IN ITS INFANCY IN CHINA
P.T. Bangsberg |
In at least one big Chinese city, the days when employers routinely fired workers who became pregnan
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