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RUSSIA VOWS TARIFF CUTS, LIFTS US POULTRY BAN \ IMF CLEARS PATH FOR $10.2 BILLION LOAN
Richard Lawrence |
Russia dispersed two storm clouds over its economic relations with the West, lifting a ban on poultr
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. 26, '96 (a graph)(2)
TRADE BRIEFS
Wire and Staff Reports |
SPAIN POSTS SURPLUSIN CURRENT ACCOUNTMADRID - Spain posted a current account surplus
Maritime
DEUTSCHE SHELL PROFIT ROSE IN '95 ON LARGER CHEMICAL BUSINESS, COST CUTS
Knight-Ridder Financial |
Deutsche Shell, German subsidiary of Royal/Dutch Shell group, Tuesday reported 1995 after-tax profit
US CATTLE RAISERS HOPE FOR MORE ACCESS TO EU MARKETS
From Wire Reports |
U.S. cattle producers are hoping Britain's mad cow disease will lead European countries to relax res
Maritime
GREECE TO LEGALIZE ALBANIAN WORKERS
From Wire Reports |
Greek Foreign Minister Theodoros Pangalos said last week his government would legalize hundreds of t
Maritime
ATA SURVEYS SHORT-HAUL DRIVERS TO ESTABLISH STANDARDS FOR TERMINALS
Rip Watson |
The American Trucking Associations Intermodal Conference has begun asking its members to tell the re
PHILIPPINE MINE CLOSES AFTER MILL TAILINGS LEAK
Knight-Ridder Financial |
Placer Dome Inc. said Tuesday that milling operations have been suspended at its 39.9 percent-owned
BOXSHIP OWNERS WARY OF POSSIBLE CAPACITY GLUT
Bruce Vail |
The next two years should show an increase in the container capacity of the world boxship fleet of a
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Mar. 26, 1996Prevailing sellers' posted prices at the close of business, representin
BALTIC FREIGHT INDEX
JOC Staff |
1428 (Mar. 26, 1996) Previous day - 1425The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NAIC BACKS CALIF. REGULATOR IN COURT BATTLE OVER LLOYD'S
Margo D. Beller |
The National Association of Insurance Commissioners voted to file a declaration in a California cour
FEISTY FIRM ROLLS ALONG AS IT GROWS, DIVERSIFIES
Rip Watson |
There is an old saying about short-line railroads: ''We're not as long as the big guys but we're jus
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
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 26, 1996Prev. Life of Contr. Open Open High Low
US MARKET TO REMAIN OPEN TO CHINA DESPITE STRAINED TIES, BROWN SAYS
Journal of Commerce Staff |
The Clinton administration will keep the U.S. market open to China despite trade, human rights and o
GAZPROM CHIEF SEEKS FUNDING, POSSIBLE VENTURE WITH US FIRM
Alan Gersten |
The chairman of Gazprom, a giant Russian energy company, came to the United States to get loans from
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CHILEAN EX-ARMY COLONELSOUGHT IN CODELCO SCANDALSANTIAGO, Chile - When Judge Jose Benquis fi
SUBSIDIARY OF SIEMENS LTD. OPENS OFFICE IN HUBEI PROVINCE
From Wire Reports |
A branch of Siemens Ltd. China this month opened in this capital of central Hubei province, joining
Maritime
SPOT COMMODITIES
JOC Staff |
Mar. 26, 1996Included are list prices of suppliers. Quotations do not necessarily represent
AUSTRALIA OFFERS LOANS FOR CHINA PHONE UPGRADE
JOC Staff |
The Australian government has agreed to extend $7.4 million in interest-free loans to improve China'
Maritime
IDENTIFY LOGISTICS COSTS, THEN ACT TO MAKE CUTS
Allen R. Wastler |
To reduce logistics costs, the first thing a company should do is figure out how much it's spending
US BEEF PRODUCTION NEARS RECORD LEVEL IN FIRST QUARTER \ STRONG SUPPLIES TO DEPRESS PRICES
Associated Press |
Beef production neared a record in the first quarter of the year but was expected to end the January
GROWTH SPURS PLAN FOR SOUTH ASIAN RAIL
Ron Corben |
From Singapore to Kunming, Bombay to Kabul, Rangoon to Ho Chi Minh City lines of parallel steel are
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
2 UTILITIES LOOK TO SELLEXCESS KENTUCKY POWERLOS ANGELES - PacifiCorp announced Tuesday an i
CITATION INSURANCE GROUP MOVED INTO THE BLACK IN 1995
JOC Staff |
Citation Insurance Group saw a significant turnaround in its bottom line with 1995 net income of $93
PUBLISHER'S NOTEBOOK
Don C. Becker |
At 47, Barry Williams has 24 years with P&O Containers and carries the undescriptive title of direct
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
MARITIME BRIEFS
Wire and Staff Reports |
MITSUI TO REORGANIZEOPERATIONS AT TWO PORTSTOKYO - Mitsui O.S.K Lines said it will reorganiz
Maritime
CHINA LOOKS TO REVITALIZE ITS SUFFERING TEXTILES INDUSTRY
P.T. Bangsberg |
China's beleaguered textile sector is rethinking its strategy as rising costs and tougher competitio
Maritime
FRANCE, US END AIRLINE DISPUTE \ NATIONS PLEDGE TO FORGE NEW TREATY
Tara Patel |
Days before the opening of the busy summer season, the United States and France on Tuesday resolved
TRANSPORT BRIEFS
Wire and Staff Reports |
PRESIDENT OF EL ALRESIGNS IN PROTESTJERUSALEM - The president of El Al Israel Airlines annou
AIRBORNE ADDS POSTAL CODES TO FOREIGN DESTINATIONS
Journal of Commerce Staff |
Airborne Express is implementing postal code routing to 15 of its most-common destination countries.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
LEP PROFIT EXPECTS GOOD RECEPTION FOR OVERNIGHT SERVICE TO PUERTO RICO
Gregory S. Johnson |
Six weeks after a management buyout and a month after replacing its top executive, LEP Profit Intern
FRA UNVEILS PROPOSALS COVERING WORKERS ALONG RAILROAD RIGHT-OF-WAY
Rip Watson |
Under congressional pressure to improve rail safety regulation, the Federal Railroad Administration
QUOTE TO NOTE \ DOESN'T HAPPEN BY ITSELF:
_ Fiona Erskine |
''Farmers use it on their fields left, right and center. It needs a fair input of energy to make it
Maritime
BELGIUM'S DIAMOND TRADE GROWS
Reuters |
Belgium's diamond trade consolidated its position as the world's biggest with a 14 percent rise in r
LURE OF TRANSSHIPPED CARGO SPURS ASIAN PORT INVESTMENT
Agence France-Presse |
Asian economies are pumping massive investments into port development in competition for rapidly gro
Maritime
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