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COST OF CREDIT
JOC Staff |
Wednesday, March 20, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
HEMISPHERE'S BUSINESSES PRESS FOR BASIC REFORMS
Kevin G. Hall |
Growing weary of government inaction, business leaders from across the hemisphere are pressing trade
DEERE CONTRACT THREATENED \ US OCEAN-SHIPPING LAWS, GOVERNMENT RED TAPE SNAG MOVEMENT OF EQUIPMENT
Stephanie Nall |
A significant portion of a $187 million contract for the sale of 1,049 John Deere combines to Ukrain
NEW INTERTANKO CHIEF HAS HIS WORK CUT OUT FOR HIM
Alan Abrams |
In war, generals always try to avoid fighting on two fronts at the same time, but tanker executive R
ARCO CHEMICAL SAYS SLOWDOWN IS ENDING, NO RECESSION IN SIGHT \ STRENGTHENING EXPECTED IN '96
Arthur Gottschalk |
While the chemical industry is often the first to signal a shift in the business cycle, the recent e
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by:U.S. Department of AgricultureForeign Agricultural Service
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
AON GROUP BUYSLUMLEY SOUTH AFRICACHICAGO - Aon Group Inc., the international insuran
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
JAPAN MOVES TO TIGHTEN LENDING FOR NONBANKS
Journal of Commerce Staff |
Japan's finance ministry plans to tighten lending by nonbank financial institutions, after public cr
MARITIME BRIEFS
Wire and Staff Reports |
COMMISSION CHAIRMANTO SPEAK ON PANAMA CANALHOUSTON - Joe R. Reeder, under-secretary of the U
Maritime
DOLLAR ENDS DAY STILL SITTING WITHIN NARROW TRADING RANGE
Knight-Ridder Financial |
The U.S. dollar held to narrow trading ranges again Wednesday, and ended little changed, as an 0.8 p
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMar. 20, 1996 Brent Crude Oil - (Dollars Per Barrel)
FREIGHT TRANSPORT INDICATORS REFLECT ECONOMIC UPSWING
Rip Watson |
Two closely watched indicators of freight transportation activity are rising again as optimism grows
GASOLINE PRICES
JOC Staff |
Mar. 20, 1996RESELLER RACK Unleaded Mid- Premium-Unle
BOOK DETAILS TRANSPORT OF OIL ALONG WEST COAST
Peter M. Tirschwell |
Most anyone involved in oil transportation by ocean knows the regulatory waters on the West Coast ar
CIRCLE SELECTS STEVEN LEONARD TO FILL POSITION OF PRESIDENT
Journal of Commerce Staff |
Circle International Inc., a major freight forwarder, has tapped Steven D. Leonard as its new presid
CARTAGENA STEPS UP CITY'S SECURITY BEFORE TRADE MINISTERS' MEETING
Kevin G. Hall |
Centuries ago, Spanish conquerors walled off this historic port city to fend off pirate attacks. Wit
Maritime
CHINESE EXPECTED TO EXPAND TARIFF CUTS IN WTO ENTRY TALKS
John Zarocostas |
Industrialized and developing nations are pressing China to expand its list of market-opening tariff
Maritime
BULGARIAN COAL MINERS STRIKE OVER 60 PERCENT PAY INCREASE DEMAND
Knight-Ridder Financial |
More than 15,000 miners in Bulgaria's two largest coal mines went on strike Wednesday, demanding a 6
EASTMAN SET TO OPEN MEXICAN PLANT
Associated Press |
Eastman Chemical Co. will begin producing materials for plastic soft drink bottles by the end of Mar
TEXAS RAIL AGENCY EXPECTED TO URGE MERGER APPROVAL
Associated Press |
The Texas Railroad Commission apparently will recommend approval of the pending Union Pacific-Southe
MIDDLE-CLASS TAIWANESE SEND MONEY ABROAD, CREATING SHARP CAPITAL FLIGHT
Gordon Platt |
Many middle-class Taiwanese, fearful of losing their life savings, are wiring large sums of money to
Maritime
TRADE BRIEFS
Wire and Staff Reports |
W. GERMAN TEXTILE SECTORAGREES TO WAGE INCREASEFRANKFURT - Western German textile workers an
Maritime
API WEEKLY REPORT \ US CRUDE OIL INVENTORIES DECLINE
Journal of Commerce Staff |
U.S. crude oil inventories fell by 4.8 million barrels during the week ended March 15, compared with
PEOPLE - MARITIME
From Wire and Staff Reports |
SEA-LAND SERVICE INC. (Charlotte, N.C.) - This carrier recently promoted Nick Taro to vice president
Maritime
NEW JERSEY PROBES CLAIM OF WRONGDOING AT MARINA
Associated Press |
A civil suit filed by a former employee of a state marina here has prompted a review by the state Di
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1408 (Mar. 20, 1996) Previous day - 1396The Baltic International Freight Futures Market in L
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
NEW YORK GOVERNOR SEEKS REPEAL OF THIRD-PARTY SUITS
David Bauder |
Gov. George Pataki promised Tuesday to push for repeal of a state workers compensation provision tha
HIGH COURT: WORKERS CAN SUE OVER MISLEADING BENEFIT CLAIMS
Laurie Asseo |
Individual workers can sue their employers in federal court for misrepresenting the future prospects
NIT LEAGUE WILL OPPOSE UP-SP RAIL MERGER \ SHIPPERS GROUP SEES A MONOPOLY ON 2 KEY ROUTES
Rip Watson |
The nation's largest shipper group said it will oppose the Union Pacific-Southern Pacific rail merge
'97 BUDGET PROPOSAL FOR DOT GIVES SAFETY MEASURES TOP PRIORITY
Lisa Burgess |
Safety initiatives are a top priority for the Clinton administration in its proposed fiscal 1997 Tra
TRADE BRIEFS
Wire and Staff Reports |
COUNCIL OF EUROPE GRANTSOBSERVER STATUS TO JAPANPARIS - The Council of Europe accept
Maritime
TRADING WITH JAPAN \ US PUSHES FOR RENEWAL OF CHIP PACT WITH JAPAN
Maria Carlino |
The U.S. Semiconductor Industry Association is pushing for Japan to renew a U.S.-Japanese pact that
Maritime
COPPER FIRM SAYS INDONESIA MUST DEAL WITH PROTESTS
Associated Press |
Tribal demands and political considerations - matters the government must cope with - were behind th
HARMFUL FUNGUS SPREADS TO MORE VARIETIES OF WHEAT
Associated Press |
A crop-damaging fungus has been found in more varieties of Arizona durum wheat seed.Such ''d
KENYA RATTLES MOMBASA PORT IN BID TO END ILLEGAL IMPORTS
Scott Straus |
Responding to allegations of corruption, the Kenyan government has initiated a top-level shakeout at
Maritime
COST OF NATURAL DISASTERS HIT NEW HIGH IN '95, MUNICH RE SAYS
Reuters |
The economic cost of natural disasters surged to a record $180 billion last year, three times the pr
HOUSE PANEL EXPECTED TO PASS BILL TO TIGHTEN IRAN SANCTIONS
Michael S. Lelyveld |
Amid growing concern in U.S. industry, a House panel is expected today to approve tougher trade sanc
ZIMBABWE BUSINESSES URGE SWIFT REFORMS FROM MUGABE
Cris Chinaka |
Zimbabwe's business community this week urged President Robert Mugabe, re-elected for another six-ye
Maritime
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