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3 PROPOSITIONS DEFEATED BY VOTERS IN CALIFORNIA
Journal of Commerce Staff |
California voters Tuesday defeated three propositions that had direct or indirect implications for t
INDUSTRY KEEPS EYE RIVETED ON ECONOMY
Gary Rosenberger |
Steel manufacturers are downplaying prospects of a U.S. economic slowdown in 1996, believing that th
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
COWERING UK BEEF SECTOR CAN LEARN FROM PAST DISASTERS
This is a report by Peter Tirschwell in San Francisco, Gregory |
As the number of countries to ban British beef grows to more than 20, the scare over mad cow disease
Maritime
JAPAN, US MAKE DEAL ON RIGHTS FOR AIRLINES \ UPS, ANOTHER LINE GAIN ASIAN ACCESS
Lisa Burgess |
With a Sunday deadline looming, the United States and Japan on Wednesday reached an air cargo accord
FEDERAL INITIATIVE SEEKS IMPROVED CONDITIONS
Paula L. Green |
The U.S. Labor Department says a new public relations campaign - No Sweat - could help reverse poor
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
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
TRANSPORT RIEFS
Wire and Staff Reports |
BEE LINE MOTOR FREIGHTFILES UNDER CHAPTER 7OMAHA - Bee Line Motor Freight Co. and an affilia
TRADE BRIEFS
Wire and Staff Reports |
SENATE CLEARS WAYFOR HAYES APPOINTMENTWASHINGTON - The U.S. Senate has cleared the way for P
Maritime
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
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,
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
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
GOVERNMENT URGED TO LOOSEN ITS GRIP ON HARBOR TRUST FUND
Allen R. Wastler |
Ports want to make more harbor projects eligible for federal funding.But first, they have to
PORTS GET A PEACE DIVIDEND IN FORM OF VALUABLE LAND
Bill Mongelluzzo |
From California to New York, seaports are cashing in on the peace dividend.With the end of t
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lots
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Mar. 27, 1996Prevailing sellers' posted prices at the close of business, represent
GOLD BUG BITES DIVERS AND SCIENTISTS SEARCHING SHIPWRECKS OFF CAPE VERDE
David Brough |
An international team of divers and marine archaeologists has embarked on a dangerous quest to haul
Maritime
SUMITOMO MARINE TO SET UP LIFE UNIT
From Wire Reports |
Sumitomo Marine and Fire Insurance Co. said Tuesday it will establish a wholly owned subsidiary for
CHUBB GROUP INCREASES LIMITS ON EMPLOYMENT PRACTICES LIABILITY
From Wire Reports |
Chubb Group of Insurance Cos. has increased its available employment practices liability limits to $
OCEAN CARRIERS RESIST SHARING RAIL NETWORKS
Allen R. Wastler |
Ocean carriers may be willing to share their ships, but their trains? Never.Or at least, not
CORRECTION
JOC Staff |
The story headlined ''Stevedore's Chapter 11 filing rocks Philadelphia port,'' which appeared Wednes
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
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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
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
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
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
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
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
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
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
TRAILERS LIGHTEN UP JUST IN TIME FOR SALES TO DO SAME
Rip Watson |
What a difference a few years makes.While many aging intermodalists in their 30s, 40s and 50
SPOT PRODUCT PRICES
JOC Staff |
Mar. 27, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPOT COMMODITIES
JOC Staff |
Mar. 27, 1996Included are list prices of suppliers. Quotations do not necessarily represent
API WEEKLY REPORT \ DISTILLATE FUEL OIL STOCKS TUMBLE
Journal of Commerce Staff |
U.S. distillate fuel oil inventories fell by 5.3 million barrels during the week ended March 22 comp
FORWARDER GETS IN ON GROUND FLOOR
Journal of Commerce Staff |
Edward Benson got the St. Petersburg bug when he visited the city as a tourist back in 1989.
CHINA LANDBRIDGE POISED FOR LIFTOFF
Journal of Commerce Staff |
The beleaguered operators of the Trans Siberian Railroad thought things couldn't get much worse afte
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