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SPOT PRODUCT PRICES
JOC Staff |
Jan. 23, 1996 U.S. spot oil product price indications, sellers range, in cents per gallon, f
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 23, 1996 Prevailing sellers' posted prices at the close of business, representi
CHINA RIPS TRADING PARTNERS OVER ANTI-DUMPING MOVES
Reuters |
Chinese officials have accused major trading partners of protectionism and discrimination in anti-du
JAPANESE PORT REFORMS WIN NOD FROM UNIONS SOME HURDLES STILL REMAIN
Mark Magnier |
Japanese unions gave the nod to waterfront negotiators to allow labor-saving terminal arrangements,
Maritime
HONG KONG CARGO FIRM SETS RECORD
P.T. Bangsberg |
Hong Kong's franchised air cargo handler missed its target by a whisker, but managed record volume l
CAPTIVE SHIPPERS? THEY DON'T EXIST, ACCORDING TO ONE RAIL EXECUTIVE
WILLIAM DiBENEDETTO |
Shippers don't like to admit they are captive, even if they are, and transportation companies, coinc
TRANSPORT BRIEFS
Wire and Staff Reports |
PILOTS END ACTION, CITE PROGRESS IN FEDEX TALKSMEMPHIS - The Air Line Pilots Associa
UP PLANS TO SELL COLONY LINE IN SOUTH DAKOTA TO DM&E
Rip Watson |
Union Pacific Railroad announced plans to sell an "orphaned" 203-mile rail line centered in western
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
TRADE FAIRS
JOC Staff |
NORTH AMERICA Comnet '96. Jan. 29-Feb. 1. Washington. Fax: (617) 440-0359.Softex. Fe
Maritime
SAFECO POSTS STRONG GAINS IN FOURTH QUARTER, YEAR
Wire and Staff Reports |
Safeco, the region's largest insurance company, reported fourth-quarter and annual profit at the hig
TRADE BRIEFS
Wire and Staff Reports |
GLICKMAN TO DISCUSS WHEAT BAN WITH CHINAU.S. Agriculture Secretary Dan Glickman will raise C
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 23, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
NUCLEAR REPROCESSING UNIT TO COST DOUBLE INITIAL ESTIMATE IN JAPAN
Reuters |
Japan's first private nuclear fuel reprocessing plant will cost more than 1.6 trillion yen ($15.2 bi
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
ENRON TO RESUME WORK ON INDIA POWER PROJECTBOMBAY - Enron Corp. said it will resume
OIL CLEANUP FACES STICKY PROBLEMS RESCUE PLANS CHANGE AS GALE BEARS DOWN ON BARGE
Michael S. Lelyveld |
The Coast Guard switched plans abruptly Tuesday in the cleanup of a massive Rhode Island oil spill a
MARITIME BRIEFS
Wire and Staff Reports |
FERRY RETURNS TO RUSSIA AFTER CHECHEN HIJACKINGSOCHI, Russia - The ferry Avrasya sai
Maritime
STAMPEDE PASS MAY STORM BACK AS NEW RAIL ROUTE FOR BNSF
Journal of Commerce Staff |
Burlington Northern Santa Fe Corp. plans to open a new rail route in the Pacific Northwest to reliev
TRADE BRIEFS
Wire and Staff Reports |
CHINA'S TRADE SURPLUS TRIPLES TO $16.69 BILLIONChina's trade surplus widened to $16.69 billi
Maritime
PUBLIC OUTRAGE OVER OIL SPILLS CAN LEAD TO SOME UNJUSTIFIED BLAME
HELEN MacLEOD |
The largest oil spill in history - from the Exxon Valdez in 1989 - also produced the biggest insuran
ECONOMIST SAYS EMU PROSPECTS DIM
Knight-Ridder Financial |
Economist Rudiger Dornbusch of the Massachusetts Institute of Technology said he expected France to
FINANCING TRADE - HOWARD SIMON CURRENCY FLUCTUATIONS MAY SPELL TROUBLE FOR COUNTERTRADE DEALS
Howard Simon |
Countertrade - the parallel purchase or trade of one product in exchange for another - is famous thr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 23, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
OIL CLEANUP FACES STICKY PROBLEMS SPILL BILL IS ESTIMATED AT MINIMUM OF $10 MILLION
HELEN R. MacLEOD |
The oil will evaporate; television crews will go home; the oil-gathering equipment will be rolled up
RUSSIA PUTS A FREEZE ON SHIPPING SELL-OFFS
Geoff Winestock |
The Russian government has halted its sell-off of carriers and ports, arguing that it must retain th
RIVER TRAFFIC DISRUPTED IN PENNSYLVANIA, OHIO
Paul F. Conley |
More than 120 barges were carried away by flood waters along the rivers of Pennsylvania and Ohio - a
Maritime
VERACRUZ SEEKING BIDS TO CONVERT WAREHOUSE INTO COLD STORAGE FACILITY
Kevin G. Hall |
Bidding has started for the first cold-storage warehouse at the Port of Veracruz, Mexico's busiest 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
MCDONALD'S TAKES CASE TO S. AFRICA'S HIGH COURT
Reuters |
U.S. burger giant McDonald's Corp. is taking on its South African competitors in the country's two h
Maritime
CORRECTION
JOC Staff |
A story, appearing on Page 11A on Jan. 18 with the headline "Bankers Security Life Adopts a New Name
JAPAN CREDIT RATING AGENCY RAISES PHILIPPINES TO INVESTMENT GRADE
Knight-Ridder Financial |
President Fidel Ramos said Tuesday that the Japan Credit Rating Agency Ltd. has upgraded the Philipp
FOR CHINESE TEXTILES FIRMS, IT'S NOT A HAPPY NEW YEAR INDUSTRY PLAGUED WITH LOSSES
P.T. Bangsberg |
With the new year not yet a month old, China's textile industry already reckons it won't be a happy
Maritime
2 TRANSPORT MILESTONES SET IN PLACE AS FRENCH AUTOS REACH BRITAIN BY RAIL
Janet Porter |
The arrival of the longest train in Europe at a freight terminal here last week marked two important
UTILITY DEREGULATION FORECAST TO SHIFT DYNAMICS FOR COAL
Arthur Gottschalk |
Deregulation and competition in the U.S. electric utility industry will change the way coal is price
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
JAPANESE OFFICIALS WANT SUN TO SET ON US CHIP PACT
Mark Magnier |
With 1996 barely under way, Japan is staking out its position against any renewal of the U.S.-Japan
UTILIZATION RATE DOWN FOR US-BOUND BOXSHIPS
Journal of Commerce Staff |
Utilization levels for containerships serving the United States are on the way down, and freight rat
Maritime
MTL FORMS DRY-BULK DIVISION
Journal of Commerce Staff |
MTL Inc., the nation's fourth-largest tank truck company, has formed a dry- bulk division and is add
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 27, '95 - Jan. 23, '96 (a graph) (2
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