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Platts Containers Update
BLACK SEA FERRY CRISIS SETS OFF ALARM BELLS CAN RUSSIA CONTAIN WAR WITH CHECHNYA?
Michael S. Lelyveld |
A hostage crisis aboard a Turkish ferry set off international alarms this week as U.S. security expe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
PORTLAND EXPECTS CHALLENGES IN '96
WILLIAM DiBENEDETTO |
Cargo business at the Port of Portland, Ore., grew at a modest rate in 1995, but expected flat grain
Maritime
BIG THREE'S EUROPE PLANTS DRIVE SALES GAINS IN JAPAN
John Maggs |
When it comes to the gains last year in auto exports to Japan, what's good for General Motors may no
MARITIME BRIEFS
Wire and Staff Reports |
CARGO SERVICE TO START BETWEEN US, VENEZUELAHOUSTON - The Venezuelan navy is startin
Maritime
HIJACKED FERRY MAY HAVE NO COVERAGE, INSURERS SAY
Special to The Journal of Commerce |
The Turkish ferry hijacked by Chechen rebels in the Black Sea may be uninsured, insurance officials
UNION PACIFIC'S NET RISES ON RAIL GAINS
Rip Watson |
Union Pacific Corp., fueled by improved earnings at its rail unit, reported net income of $294 milli
NORTHWEST REPORTS RECORD NET FOR '95
Journal of Commerce Staff |
Northwest Airlines Thursday reported record annual net income of $392 million for 1995, up substanti
INSIDE TALK - RIP WATSON TRACKAGE RIGHTS USERS: CONDEMNED TO BE SECOND-CLASS CITIZENS?
Rip Watson |
Since railroading began, carriers strived to own their tracks because ownership meant lucrative land
AMR'S NET RISES AS CARGO REVENUE DIPS
Journal of Commerce Staff |
AMR Corp., the parent company of American Airlines, reported improved fourth- quarter and annual res
LLOYDS PUBLISHES NEW FRAMEWORK FOR REGULATION
Liz Shuker |
Lloyd's of London published Wednesday its plans for a new regulatory framework. The troubled
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
Maritime
FOREIGN INVESTERS EDGY AFTER YELTSIN OUSTS MINISTER PRIVATIZATION DRIVE MAY SLOW
Geoff Winestock |
The ouster of Russia's last reformist minister, Anatoly Chubais, has dampened spirits among the U.S.
Maritime
RAIL MERGERS UNLIKELY TO AFFECT COAL EXPORTS
Rip Watson |
Western railroads handle relatively little export coal, so the wave of industry mergers is not likel
RISING FOOD PRICES PREDICTED IN WAKE OF LOW GRAIN CROP
Nancy Waitz |
Corn and soybean output has plunged and grain stockpiles will shrink for months to come, the governm
YELLOW CORP.'S CHIEF EXECUTIVE READY TO LEAVE THE BUSINESS WORLD
Journal of Commerce Staff |
George E. Powell III, president and chief executive of Yellow Corp., announced Wednesday he will res
TRADE GAP SHRANK AGAIN IN OCTOBER ECONOMISTS SEE IMPROVEMENT CONTINUING IN '96
Richard Lawrence |
The U.S. international trade deficit declined again in October, and economic analysts foresee furthe
CORRECTION
JOC Staff |
The headquarters of Hvide Marine Inc. was incorrectly reported in a story headlined, "Judge Rejects
Maritime
CURRENT MEMBER OF FMC LIKELY TO TAKE PLACE OF HATHAWAY
Tim Sansbury |
Maritime industry officials said Wednesday they expect the Clinton administration to name one of two
Maritime
TRADING WITH ARGENTINA ARGENTINA'S ECONOMY EXPECTED TO PICK UP
Maria Carlino |
Argentina will soon start flexing its economic muscles, according to analysts. Last year, th
Maritime
EU KEEPS BANS ON ADDITIVES IN SOME FOODS
Reuters |
French preserves of snails and truffles, traditional German beers and Finland's mammi cake should ne
Maritime
OCTOBER IMPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1994 1993Mil. $ Mo. Back
Maritime
GASOLINE PRICES
JOC Staff |
Jan. 17, 1996 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
MEXICO BEGINS TOMATO TALKS, HOPEFUL OF RESOLVING NAFTA DISPUTE WITH US
Kevin G. Hall |
The Mexican government is cautiously optimistic that bilateral discussions beginning in Washington t
Maritime
INDIA HIGH COURT CURBS TELECOM CHALLENGE
N. Vasuki Rao |
Foreign companies view as a victory an Indian Supreme Court ruling tuesday that it will not investig
Maritime
SHIP AGENTS ASK FMC TO CHANGE STORAGE LAW
Michael Fabey |
The ship agents at Terminal Shipping Co. figured they were done with the cargofrom their shi
Maritime
PERU IS SEEKING NEW IMF PROGRAM
Knight-Ridder Financial |
Peru's government is planning a new three-year extended fund facility program with the International
CANON SAYS IT IS CONSIDERING MOVING MORE PRODUCTION OVERSEAS
Associated Press |
Canon Inc. is considering shifting more camera production overseas, a company spokesman said Wednesd
Maritime
COAL INTERESTS LOBBYING HARD AGAINST DESIGNATION AS HAZARDOUS
Janet Porter |
Coal may soon be labeled a hazardous substance unless exporters and importers can convince maritime
RAIL, BARGE ADEQUACY TOP ISSUE AT SEMINAR
Arthur Gottschalk |
The adequacy of rail and barge transport in the years ahead will take center stage at the National M
VIETNAMESE WORKERS TOLD TO EXPECT BONUS AFTER ALL
Associated Press |
A top labor official had good news for Vietnamese workers Wednesday - they can have their annual Lun
SPOT COMMODITIES
JOC Staff |
Jan. 17, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
NARROW BOSPORUS EASY TARGET FOR TERRORISM
Janet Porter |
The narrow, twisting Bosporus that links the Black Sea to the eastern Mediterranean is an easy targe
ABF CUTS BACK AS LOSSES TIED TO RECENT MERGER GROW
Chris Isidore |
ABF Freight System Inc. plans to shut terminals in Newark, N.J., and Enfield, Conn., and reduce the
US, UK INSURANCE OFFICIALS TO MEET, DISCUSS SURPLUS LINES
Special to The Journal of Commerce |
Representatives from the U.S. and U.K. insurance industries will meet in London on Jan. 24 to examin
INSURANCE BRIEFS
Wire and Staff Reports |
S&P NOW FULLY OWNS FRENCH RATING COMPANYPARIS - Standard & Poor's Wednesday announce
EXXON TO GET $300 MILLION IN PARTIAL SETTLEMENT FOR SPILL
Associated Press |
Exxon Corp. said Wednesday it will receive $300 million from Lloyd's of London and about 250 other u
UN OFFICIALS UNSURE HOW TO INTERPRET IRAQI OVERTURES ON OIL-FOR-FOOD DEAL
Evelyn Leopold |
U.N. officials and diplomats were uncertain Wednesday whether Iraq was willing to discuss implementi
RAILS IMPROVE METHODS TO MEET SOARING DEMAND
Russ Banham |
Three years ago, U.S. railroads west of the Mississippi had trouble meeting the surging demand for c
DOLLAR MIXED: PROFIT-TAKING ECLIPSES IMPACT OF TRADE NEWS
From Wire and Staff Reports |
The U.S. dollar was mixed against the Japanese yen and major European currencies Wednesday following
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