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MANUFACTURERS FEAR DELAYS FROM EXPORT LICENSING RULE
Michael S. Lelyveld |
Less than three months after President Clinton ordered a speedup in export licensing, industry offic
TRANSPORT UNION GIVES NOD TO PROPOSED SP-UP MERGER
Rip Watson |
For the first time in more than two decades, a railroad union has endorsed a major merger prior to i
COST OF CREDIT
JOC Staff |
Thursday, Feb. 29, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
CATHAY PACIFIC TO EXPAND FREIGHTER SERVICE IN US
Chris Isidore |
Cathay Pacific Airways is extending its Hong Kong-Toronto freighter service to Chicago and New York
EU URGES MULTILATERAL TACK IN SETTLING "GREEN' DISPUTES
Bruce Barnard |
The European Union Wednesday proposed a carrot-and-stick approach to prevent trade conflicts eruptin
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
US DOLLAR MAKES LIMITED RISE ON BUYING BY MAJOR BANKS
Knight-Ridder Financial |
The U.S. dollar rose Thursday on buying by major commercial banks.Corporations showed less i
CHINA SAYS US "UNWISE' TO SUSPEND WORK ON $10 BILLION IN LOANS
Reuters |
Beijing said it regretted a U.S. decision to hold up $10 billion in loans to China over alleged arms
Maritime
TRUCKING DOMINANCE FORECAST THROUGH 2004
Chris Isidore |
Trucking should continue to dominate the freight industry for the next decade, even as other modes o
US AND GERMANY SIGN AIR PACT, WITH CONDITIONS
Lisa Burgess |
The United States and Germany signed an agreement to open their aviation markets to one another Thur
RAILS, LABOR NOW SINGING IN SAME KEY, GOODE SAYS
Lisa Burgess |
After a long history of contentious relations, railroads and labor are finally beginning to mesh mor
CUBA EMBARGO LAW SEEN REVIVING COLD WAR CHILL
Richard Lawrence |
A freeze on foreign investment in Cuba and dampened foreign investor interest in the United States w
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
FRUEHAUF LOOKS TO SELLNONCORE BUSINESESSINDIANAPOLIS - Fruehauf Trailer Corp. Thursday repor
CONTAINERSHIP GOES PLACES FEW OTHERS CAN
Journal of Commerce Staff |
Getting cargo to West Africa is one thing. Getting cargo into the area's remotest regions is quite a
Maritime
US LINE TACKLES TOUGH AFRICAN TRADE
Michael Fabey |
Kevin Shields is attacking one of the trickiest trades in the business.Mr. Shields just star
TARIFF CUTS IN CHINA: THE DEVIL'S IN THE DETAILS
Joe Studwell |
When President Jiang Zemin announced radical reductions in tariffs in November, grand visions of exp
FRENCH TRANSLATION COSTS MAY CRUMBLE AT PORTS
Tara Patel |
Translation costs for foreign shipowners calling at French ports could tumble with the collapse of o
Maritime
BREMER VULKAN CRISIS DRIVES EAST-WEST WEDGE
Robert Koenig |
The financial crisis buffeting Germany's largest shipbuilder, Bremer Vulkan Verbund AG, is reopening
Maritime
EU FACES UP TO ASIA POWER SHIFT
Bruce Barnard |
It was the most telling proof yet of the new power balance between Europe and Asia: the emergence tw
HOUSE OKS OVERHAUL OF FARM PROGRAM
Stephanie Nall |
The House Thursday voted overwhelmingly to end six decades of federal government intrusion into farm
JOURNAL OF COMMERCE - FAST FACTS \ BABY CARRIAGE IMPORTS
Global Trade Information, Columbia, S.C. |
No text.
EMPRESS ACCIDENT DIMS INDUSTRY SAFETY EFFORTS
Alan Abrams |
In the wake of the recent Sea Empress oil spill disaster off Wales, the maritime industry is bracing
Maritime
TOKYO THREATENS FEDEX ROUTES \ US-JAPAN-ASIA FLIGHTS MUST BE LIMITED, NATION SAYS
Lisa Burgess |
Japan on Thursday threatened to yank seven hard-won routes from Federal Express Corp. unless the Cli
MARITIME BRIEFS
Wire and Staff Reports |
P&I CLUB TO HELPVICTIMS OF OIL SPILLOSLO - Assuranceforeningen Skuld will make interim payme
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 29, 1996Quotations are based on prices reported in the market or obtained from su
SPOT PRODUCT PRICES
JOC Staff |
Feb. 29, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
BALTIC STATES SEEN DRUG-TRADE ROUTE
Reuters |
The Baltic states of Lithuania, Latvia and Estonia are becoming a transit route for drugs and a have
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 29, 1996Prevailing sellers' posted prices at the close of business, representi
WEEKLY COAL EXPORTS \ WEEK OF FEB. 19 - 23, 1995
PIERS, New York |
Only table.
RUSSIAN PROTECTIONISTS EXPLOIT FLAP OVER CHICKENS
Reuters |
Calls by top Russian officials Thursday for broad trade curbs have turned a flap over frozen chicken
Maritime
D'AMATO WARNS JAPAN SANCTIONS MAY ARISE FROM INVESTMENTS IN IRAN \ SIMILAR LETTERS SENT TO OTHERS
Michael S. Lelyveld |
In his latest bid to block foreign investment in Iran, Sen. Alfonse D'Amato has told Japan's JGC Cor
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
LAWMAKER EXPANDSO'LEARY INVESTIGATIONWASHINGTON - The head of a House investigative panel sa
FREIGHT RATE FUTURES
JOC Staff |
Feb. 29, 1996Baltic International Freight Futures Market Prev.Close High Low
Maritime
PEMEX SETS OUTPUT TARGETS, POSTS WEAK '95 GROWTH
Kevin G. Hall |
Petroleos Mexicanos (Pemex), Mexico's state oil monopoly, announced 1996 production goals Thursday o
FOOTWEAR: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
FRANCE'S JOBLESS RATE UP SLIGHTLY
Associated Press |
France's unemployment rate inched upward last month to 11.8 percent, a 0.1 percent increase from Dec
BALTIC FREIGHT INDEX
JOC Staff |
1364 (Feb. 29, 1996) Previous day - 1379The Baltic International Freight Futures Market in L
Maritime
FIAT CHAIRMAN STEPS DOWN
Reuters |
Gianni Agnelli, Italy's most powerful businessman, stepped down after 30 years as chairman of Fiat a
Maritime
EXPORT ABCS - FRANK REYNOLDS \ DOCUMENTARY COLLECTION TURNS BANKS INTO COLLECTION AGENTS
Frank Reynolds |
Our Feb. 2 column described a documentary collection as shipping documents sent to a bank along with
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
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