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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
CALIFORNIA ASSEMBLY VOTES TO ALLOW METHYL BROMIDE
Peter M. Tirschwell |
In a victory for farmers and international trade interests, the California Assembly this week passed
Maritime
TRANSPORT CALENDAR
JOC Staff |
INTEGRATING INFORMATION SYSTEMS for Seamless Logistics. Jan. 22-24. Sponsored by the Institute for I
UP, ILLINOIS CENTRAL NEAR DEAL ON ROUTES
Rip Watson |
Illinois Central Railroad and Union Pacific Railroad today are expected toannounce broad ter
M.S. CARRIERS' PROFIT TUMBLES 44 PERCENT IN QUARTER
Journal of Commerce Staff |
M.S. Carriers Inc., in a further sign of the difficult truckload market, reported a 44 percent dive
YELTSIN MOVES TO SALVAGE FOREIGN INVESTMENT
Michael S. Lelyveld |
In the midst of the biggest government purge in Russia's recent history, President Boris Yeltsin app
MARITIME BRIEFS
Wire and Staff Reports |
JACKSONVILLE CANDIDATE TURNS DOWN JOB OFFERJACKSONVILLE, Fla. - In a startling rever
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN CRUDE EXPORTS FALL FROM '94 LEVELSMOSCOW - Russia exported more than 122.3 m
BALTIC FREIGHT INDEX
JOC Staff |
1538 (Jan. 17, 1996) Previous day - 1541 The Baltic International Freight Futures Market in
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 17, 1996 U.S. spot oil product price indications, sellers range, in cents per gallon, f
US CONTROLS HURT EXPORTS OF SOFTWARE, STUDIES SAY
Richard Lawrence |
U.S. computer systems manufacturers could suffer as much as $60 billion annually in lost sales by th
Maritime
FOREIGN INVESTMENT SLIDES IN VENEZUELA
Knight-Ridder Financial |
Direct foreign investment in Venezuela totaled $245.1 million during 1995, down 61.4 percent from th
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 17, 1996 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 17, 1996 Prev. Life of Contr. OpenOpen High Low
EXPANDED EXPRESS RAIL TERMINAL NEARS OPENING AT PORT ELIZABETH
Gregory S. Johnson |
All that is needed to inaugurate an $18.5 million expansion at the ExpressRail Transfer Terminal at
TRADERS SEE NEWS CONTROLS AS BARRIER TO CHINA COMMERCE ECONOMISTS FEAR CENSORSHIP OF MARKET DATA
Lynne O'donnell |
Beijing's new curb on economic information is a retreat from the openness that the business world ne
FREIGHT RATE FUTURES
JOC Staff |
Jan. 17, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
OAKLAND PORT APPROVES CARGO PLAN TO ACCOMMODATE GLOBAL ALLIANCE
Peter M. Tirschwell |
The Port of Oakland has approved a plan that will pave the way for the four carriers of the Global A
Maritime
AUTHOR SAYS TO AVOID LOSSES, INSURERS MUST KICK JUNK SCIENCE TO THE CURB
Alan Gersten |
Are Audis possessed by demons? No, if you believe Peter W. Huber, an author and debunker of
OCTOBER EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1994 1993Mil. $ Mo. Back
Maritime
EXPORT GROWTH FRUITFUL FOR US APPLE, PEAR GROWERS
WILLIAM DiBENEDETTO |
Apple and pear growers have reason to celebrate: Exports are strong, fruit quality is excellent and
Maritime
TRADE BRIEFS
Wire and Staff Reports |
STRIKE IN BANGLADESH HALTS TRANSPORTATIONDACCA, Bangladesh - A daylong general strike called
Maritime
QUOTE TO NOTE A JOURNALIST'S DREAM:
_ Myles Frechette |
"I'm always on the record."
Maritime
FLAT TAX AND FREE TRADE EMERGE AS KEY PLANKS IN GRAMM PLATFORM
William L. Roberts |
Republican presidential hopeful Phil Gramm made a bid Wednesday to distinguish himself from his riva
FIRM NEARS CONSOLIDATION OF LA-LONG BEACH RAILS
Bill Mongelluzzo |
Anacostia & Pacific Co. has taken over an operations center at the Port of Long Beach as an interim
TRANSPORT BRIEFS
Wire and Staff Reports |
DELTA PILOTS RAISE SPECTER OF STRIKEATLANTA - Delta Air Lines Inc.'s 8,600 unionized
RUSSIA, UKRAINE ON ALERT AFTER HIJACKING OF FERRY
Geoff Winestock |
Russian and Ukrainian ships and ports are on high alert with increased patrols by border guards and
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 238.98 off 0.97 w
TANKER OPERATOR'S MARAD MOVE COSTS NEWPORT NEWS YARD AN ORDER
Wire and Staff Reports |
Newport News Shipbuilding lost an order for its petroleum product tankers when American Marine Tanks
Maritime
CHINA'S PICC SAYS PROFIT GREW 27 PERCENT LAST YEAR
P.T. Bangsberg |
China's principal insurance company said its profit grew 27 percent last year over 1994 to 884 milli
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