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TRANSPORT BRIEFS
Wire and Staff Reports |
POWER OUTAGE HALTSTORONTO AIRPORT FLIGHTSTORONTO - A major power outage knocked out air traf
DROP IN BULK CARRIER LOSSES SHOWS SAFETY EFFORTS PAY OFF \ SIX LOST IN '95 VS. 15 IN '94, 30 IN '91
Janet Porter |
Bulk carriers are becoming safer, with the number of major accidents falling in 1995 to the lowest l
Maritime
NEWSPRINT: US WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 19, 1996Quotations are based on prices reported in the market or obtained from su
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 19, 1996Prev. Life of Contr. Open Open High Low
COST OF CREDIT
JOC Staff |
Tuesday, March 19, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
DOLLAR ENDS UNCHANGED AFTER RISING, THEN FALLING
Knight-Ridder Financial |
The U.S. dollar rose early Tuesday, but gave back most of its gains to end little changed in quiet t
ITALY REPORTS RISE IN PRODUCER PRICES
Knight-Ridder Newspapers |
Italy's producer price index rose 0.2 percent in January from December and climbed at an annual rate
SPOT COMMODITIES
JOC Staff |
Mar. 19, 1996Included are list prices of suppliers. Quotations do not necessarily represent
FURTHER RESTRUCTURING FORECAST IN REFINING SECTOR
Oliver Ludwig |
The U.S. refining industry, already shrinking amid intense competition and razor thin profits, shoul
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
EXXON TO EXPLORETWO BLOCKS IN CHINAIRVING, Texas - Exxon Corp. said Tuesday it was granted e
MARITIME BRIEFS
Wire and Staff Reports |
FREIGHTER CHENG DASINKS IN TAIWAN STRAITSLONDON - The Chinese-flagged 5,163-gross-ton freigh
Maritime
CONRAIL BEGINS DOUBLE-STACK SERVICE LINKING DETROIT, NEW YORK'S EXPRESSRAIL
Journal of Commerce Staff |
Conrail Inc. has begun a new double-stack service between Detroit and the Port of New York and New J
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
SPOT PRODUCT PRICES
JOC Staff |
Mar. 19, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
LATEST POLLS SUGGEST YELTSIN MAY BE RUSSIA'S "COMEBACK KID'
Michael S. Lelyveld |
And now for the contrarian view of the upcoming Russian elections.President Boris N. Yeltsin
MINNESOTA TRUCKER FINED FOR FAILING TO PAY COMP
Associated Press |
A Minnesota trucking company and its owner have been fined $1.2 million for not paying workers compe
BANK OF CHINA HINTS THAT LIBERALIZATION IS NEAR
P.T. Bangsberg |
Another small crack appears to be opening in China's heavily protected banking sector.In an
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
BOUTROS-GHALI: PROBLEMSSTILL EXIST IN IRAQI DEALGENEVA - U.N. Secretary-General Boutros Bout
BALTIC FREIGHT INDEX
JOC Staff |
1396 (Mar. 19, 1996) Previous day - 1375The Baltic International Freight Futures Market in L
Maritime
MERANTE, RYAN RETIREMENTS ANNOUNCED BY ZIM-AMERICAN
Journal of Commerce Staff |
Zim-American Israeli Shipping Co. Inc. (New York) recently announced two retirements.Joseph
Maritime
TANKER OPERATOR SAYS SAFETY PLAN COULD DO MORE HARM THAN GOOD
Alan Abrams |
A safety initiative touted by industry and the U.S. Coast Guard as the solution to many maritime ind
Maritime
EMERY ADDS HEAVYWEIGHT MORNING SERVICE
Gregory S. Johnson |
Taking a cue from shippers demanding more time-definite services, Emery Worldwide will offer a new g
BUDGET PROPOSALS FOR TRADE, TRANSPORT DIFFERLITTLE FROM '96 \ CLINTON MEETS GOP LEADERS TODAY
Journal of Commerce Staff |
President Clinton's fiscal 1997 budget calls for little overall change in trade and transportation f
APL DENIES IT BROKE US-FLAG RULES BUT PAYS $600,000 JUSTICE SETTLEMENT
Tim Sansbury |
American President Lines Ltd. has agreed to pay $600,000 to settle Justice Department charges it vio
DEMOCRATS: CLINTON PLAYS POLITICS ON LIABILITY BILL
Marcy Gordon |
Already under attack from Republicans for his opposition to a bill limiting damage awards in faulty-
CARRIERS NOT READY TO RESUME SHIPPING US CHICKEN TO RUSSIA
Geoffrey Winestock |
Despite a pledge Tuesday by a senior Russian customs official that Russia would not enforce a ban on
Maritime
SOUTHERN CO. WEIGHS BIDS FOR STAKE IN BRITISH UTILITY
Matthew C. Quinn |
Southern Co. is reviewing bids for selling up to a 49 percent stake in the British electric power di
POLL: AMERICANS DOUBT BENEFITS OF TRADE PACTS
Kevin G. Hall |
A poll released here in advance of Thursday's trade minister meeting for the Free Trade Agreement of
Maritime
QUOTE TO NOTE \ CALVIN'S NEW LOOK:
_ Martin J. Rose |
''Khaki is not a replacement for jeans but another way of expressing a casual lifestyle.''
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
SOUTHERN LOOKS TO SELLSHARE IN BRITISH UTILITYLONDON - Just six months after snappin
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
US COAL INDUSTRY REPORTS DOMESTIC PRODUCTION DOWN 2 PERCENT
Associated Press |
Domestic coal production fell 2 percent to 21.1 million tons during the week ended March 9 from 21.6
SHIPPER ALLIANCE CONCEPT GETTING A FRESH LOOK
Gregory S. Johnson |
For many in transportation, a shipper-shipper alliance is the Final Frontier, a place to boldly go w
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
PercentYear Closing Change High/ Price From P/E 52-Week 52-WeekLow 3/15/96 3/12/96
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NEW YORK HOMEOWNERS CAN BUY FUEL SPILL COVER
Journal of Commerce Staff |
The New York Insurance Department Monday approved an innovative program that provides insurance prot
RUSSIA-IRAN NUCLEAR TIES MAY EXPAND, AMBASSADOR SAYS
Reuters |
Moscow could help Tehran build more nuclear power stations when it completes an atomic power plant a
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
HIJACKING, INSURANCE WOES WORSEN FOR TRUCKERS HAULING TO MEXICO
Kevin G. Hall |
Proceed with caution.For trucking companies hauling goods into Mexico, those are words to li
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