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EARNINGS ROADWAY AND CALIBER REPORT LOSSES FOR YEAR
Chris Isidore |
Caliber System Inc. and Roadway Express Inc., the two parts of the former Roadway Services Inc. hold
RHODE ISLAND BARGE BATTERED BY STORM
Michael S. Lelyveld |
Salvage crews sat tight Wednesday as gale-force winds and waves battered Rhode Island's biggest envi
Maritime
EARNINGS CONRAIL'S LINE SALES PLAN CAUSES LOSS IN QUARTER
JOC Staff |
Conrail Inc.'s plans to sell 1,800 miles of underutilized track and equipment led to a $285 million
MARITIME BRIEFS
Wire and Staff Reports |
VICTORIA CLIPPER TO GET $500,000 REVAMPINGSEATTLE - Clipper Navigation Inc.'s Victor
Maritime
FOREIGN RESERVES FALL IN MEXICO
Knight-Ridder Financial |
Mexico foreign reserves fell $213 million, to $1.144 billion from $1.357 billion the week before, th
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
OFFICIAL APPEALS FOR CHANGE IN RUSSIA'S REFORM COURSE
Janet Guttsman |
A top Russian minister pleaded for changes to the government's program of reform on Wednesday and sa
TRADING WITH ECUADOR CUSTOMS STREAMLINED TO ENCOURAGE INVESTMENT
Maria Carlino |
In a bid to stem tax evasion and streamline import procedures, Ecuador's government has opened custo
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1528 (Jan. 24, 1996) Previous day - 1532 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
New Orleans Maritime Seminar. Jan. 24-25. Jones Act debate sponsored by American Waterways Operators
Maritime
EARNINGS CANNON REVENUE RISES, BUT MARGINS TIGHTER
JOC Staff |
Cannon Express Inc. reported revenue growth but tighter margins in the quarter ending Dec. 31, follo
ENRON OIL & GAS' PROFIT SLIPS, BUT BEATS ANALYSTS' FORECASTS
Knight-Ridder Financial |
wEnron Oil & Gas Co. said Wednesday it earned $31.4 million, or 20 cents per share, in the fourth qu
EU BRACES FOR TELECOM INVASION
Bruce Barnard |
The cost of a local call in Germany surged by 156 percent on Jan. 1, and that's good for business.
TRADE BRIEFS
Wire and Staff Reports |
JAPAN'S TRADE SURPLUS SHRANK 11 PERCENT IN 1995Japan's huge customs-cleared trade surplus sh
Maritime
PRUDENTIAL DONATES $200,000 TO EMS
Associated Press |
The Prudential Insurance Co. has donated $200,000 to help volunteer emergency medical services in Ne
22 INDUSTRY GROUPS JOIN INSURANCE BROADCAST SYSTEM
Journal of Commerce Staff |
Twenty-two organizations, including insurers, brokers, reinsurers and company associations, have sig
JORDANIAN TRADERS UPSET BY CUT IN IRAQI TRADE
Rana Sabbagh |
Jordan's pro-Iraqi business community said Tuesday a government decision tocut exports to Ba
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EDDIE BAUER STORES TO EXPAND IN JAPANThe Eddie Bauer store chain said this week it will open
Maritime
TASMANIAN MINE SET TO MEET COPPER GOAL
Knight-Ridder Financial |
Gold Mines of Australia Ltd. said it was on track to meet its production target of 10,000 tons of co
ASSOCIATION LEADERS SEEK TO UNIFY FEDEX PILOTS
Chris Isidore |
After having its two-month job action at Federal Express Corp. undermined by a split among pilots, a
TRANSPORT BRIEFS
Wire and Staff Reports |
ATLAS BUYS 6 FREIGHTERS FROM THAI AIRWAYSGOLDEN, Colo. - Atlas Air Inc., which opera
JOURNAL OF COMMERCE - FAST FACTS US COTTON IMPORTS: TEXTILES & APPAREL
Commerce Department Textiles Office |
No story.
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 24, 1996Brent Crude Oil - (Dollars Per Barrel)
SPOT PRODUCT PRICES
JOC Staff |
Jan. 24, 1996 U.S. spot oil product price indications, sellers range, in cents per gallon, f
8.5 PERCENT-10 PERCENT GROWTH FORECAST FOR CHILE
Knight-Ridder Financial |
Chile's gross domestic product will grow between 8.5 percent and 10 percent in the first quarter, sa
NONTRADITIONAL EXPORTS RISE IN VENEZUELA
Journal of Commerce Staff |
Venezuela said nontraditional exports during 1995 grew 1.5 percent, to $4.48 billion from the previo
INSURANCE BRIEFS
Wire and Staff Reports |
ITT HARTFORD AGREES ON BRAZILIAN VENTURESIMSBURY, Conn. - ITT Hartford Life Insurance Cos. a
FREIGHT RATE FUTURES
JOC Staff |
Jan. 24, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BUDGET DEADLOCK AT TURNING POINT COMMERCE MAY ESCAPE CUTS _ FOR NOW
William L. Roberts |
The budget impasse continues to dominate the legislative outlook, squeezing prospects that policy de
EARNINGS NS POSTS IMPROVED 4TH PERIOD NET INCOME UP DESPITE VOLUME DIP
Rip Watson |
Norfolk Southern Corp. continued a run of strong fourth-quarter earnings in the rail industry by pos
EARNINGS GATX NET INCOME FALLS 25 PERCENT IN QUARTER
JOC Staff |
GATX Corp. reported net income dropped 25 percent in the fourth quarter of 1995 to $18.7 million, or
PORT FUNDS DIVERSION TOPS S. CALIFORNIA SHIP GROUP'S CONCERNS
Bill Mongelluzzo |
Preventing further transfers of port funds to the cities of Los Angeles and Long Beach tops the Stea
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 24, 1996 Prevailing sellers' posted prices at the close of business, represen
MEXICO'S ZEDILLO BEGINS EUROPEAN TRADE TRIP
Kevin G. Hall |
President Ernesto Zedillo Ponce de Leon today meets with Spanish Prime Minister Felipe Gonzalez in M
Maritime
COMPROMISE SOUGHT ON SURPLUS LINES RULE
Liz Shuker |
U.S. regulators moved to compromise with the U.K. insurance industry Wednesday when representatives
BUSINESSMEN FROM ARAB NATIONS SEEK ISRAELI TIES DESPITE BOYCOTT
Reuters |
Businessmen from Arab countries are showing increasing interest in doing business with Israel despit
Maritime
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
JAPAN'S EMERGING MULTIMEDIA MARKET LURES US FIRMS
Mark Magnier |
Thirty-four U.S. companies beamed into Tokyo Wednesday to promote one of the most promising U.S. exp
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
NESTE, ELF AQUITAINE TO DEVELOP RUSSIAN FIELDMOSCOW - Finland's Neste and France's E
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