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PORT OF TACOMA FINDS A SOLUTION TO KEEP LINES, COMMUTERS HAPPY LEASE EXTENDED, BRIDGE STAYS OPEN
WILLIAM DiBENEDETTO |
It took some fancy juggling, but Washington's Port of Tacoma has come up with an agreement that sati
Maritime
LLOYD'S AGENT SAYS OVERCAPACITY COULD DEPRESS PROFIT CORPORATE NAMES BLOAT INVESTMENT
Liz Shuker |
An oversupply of underwriting capacity at Lloyd's of London this year could depress market profit by
SNOW POLICY PAYING OFF FOR MASSPORT
Reuters |
They're singing "Let It Snow" at the Massachusetts Port Authority, operators of Boston's Logan Inter
MANAGING TRAFFIC - GREGORY S. JOHNSON CANADIAN POTATOES SLICE INTO MARKET FOR US GROWERS
Gregory S. Johnson |
Prince Edward Island potato growers say toughened inspections of their shipments to the United State
GRAND TRUNK LOSES ITS BID TO IMPORT CANADIAN ENGINEERS LABOR CONTRACT STALEMATE CONTINUES
Rip Watson |
The Brotherhood of Locomotive Engineers and Grand Trunk Western Railroad remain locked in a contract
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 11, 1996 Quotations are based on prices reported in the market or obtained from s
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 11, 1996 No. 4/ No. 6/ No. 6/1% 1% 0.5%
IMPORT ABCS - DONALD L. FISCHER, ESQ. US CUSTOMS' FIRST SALE RULE OFFERS POTENTIAL DUTY BENEFITS
Donald L. Fischer, Esq. |
Companies importing merchandise from overseas distributors, who, as part of their international sale
Maritime
HIGH-TECH "PRECISION FARMING' BARNSTORMS ITS WAY THROUGH US
Susan Nadeau |
High-powered computers, the Internet and even U.S. spy technology are migrating into America's heart
Maritime
TRADE BRIEFS
Wire and Staff Reports |
BRITAIN, CHINA AGREE ON SPECIAL PASSPORTBritain and China have agreed on preparations to iss
Maritime
US UNEMPLOYMENT CLAIMS DATA TO BE RELEASED JAN. 18
Knight-Ridder Financial |
U.S. weekly initial state jobless claims, delayed for more than one month, will be released at Jan.
PEOPLE - INSURANCE
From Wire and Staff Reports |
TRAVELERS GROUP INC. (New York) - The financial services company made a series of personnel moves in
LITHUANIA TO GET HELP IN BANK CRISIS
Knight-Ridder Financial |
The International Monetary Fund and the World Bank plan to help Lithuania surmount its banking crisi
TMM PLANS SWITCH FROM MEXICO'S BUSIEST PORT
Kevin G. Hall |
Transportacion Maritima Mexicana (TMM), Mexico's largest steamship firm,plans to invest $90
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Jan. 11, 1996 (Percentages Per Year) INTERNATIONAL INTEREST RATESCan
SUN INCREASES HEATING OIL PRICE
Knight-Ridder Financial |
Sun Refining and Marketing Wednesday increased its local New York harbor barge reseller price for he
FREIGHT RATE FUTURES
JOC Staff |
Jan. 11, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
US BANK BACKS PHILIPPINE AIRLINES LOAN
Associated Press |
Philippine Airlines said Thursday that the U.S. Export-Import Bank has guaranteed a $103 million loa
TEXAS SHORT LINE MAY MAKE BID FOR TRACKAGE ON MEXICAN BORDER
Kevin G. Hall |
A small Texas short-line railroad sandwiched in between two major Class I carriers is eyeing Mexico'
INSURANCE BRIEFS
Wire and Staff Reports |
INSURED SNOW DAMAGE AT $5 MILLION, FOR NOWRAHWAY, N.J. - At least $5 million in insured dama
EXEL MOVED INTO BLACK IN QUARTER
Journal of Commerce Staff |
EXEL Ltd., a Bermuda insurer, Thursday reported net income of $88.5 million, or $1.84 per share, for
TURKISH TRADE WITH IRAQ BOOMS DESPITE SANCTIONS
Leon Barkho |
Truck traffic between Iraq and Turkey is booming again despite the Gulf War sanctions, with about 1,
Maritime
TAIWAN STILL DREW CAPITAL, BUT INVESTED LESS OVERSEAS IN '95 US IS THE NO. 1 INVESTORS' CHOICE
P.T. Bangsberg |
Taiwan continues to suck in large amounts of overseas capital, but its own industries are proving le
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
ZEDILLO SHUFFLES TRANSPORT LEADERSHIPMEXICO CITY - The transport hierarchy in Mexico
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
PRICE FALLS SHARPLY FOR RUSSIAN URALS CRUDELONDON - A sharp fall in the price of hig
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
COMMENTS SOUGHT ON BARGE LIGHTING
Journal of Commerce Staff |
The Coast Guard wants to know if its requirements for barge lighting are sufficient to prevent colli
Maritime
JAPAN'S NEW PRIME MINISTER NAMES CABINET OF SEASONED POLITICIANS
Eugene Moosa |
Parliament on Thursday elected Ryutaro Hashimoto as Japan's new prime minister and he swiftly named
EU TO CONSERVE BARLEY BY CURBING EXPORTS
Bruce Barnard |
The European Union moved Thursday to control exports of barley to conserve dwindling supplies a week
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
APEC MINISTERS HAIL PROGRESS ON COOPERATION
Reuters |
Ministers of the Asia-Pacific region said on Thursday after a four-day meeting they had made good pr
Maritime
PRICE WAR ON THE HORIZON WEAKNESS APES EARLY '90S CONDITIONS
Janet Porter |
A sense of deja vu is creeping into the Europe/Asia trades as shippers on both continents successful
SWEDISH CLUB TO POLL MEMBERS ON P&I LIMIT
Liz Shuker |
The Swedish club, a mutual insurer offering hull and liability coverage to shipowners, said it would
MEXICO TRYING TO SELL ENSENADA AS ALTERNATIVE TO S. CALIFORNIA PORTS
Kevin G. Hall |
Government transport, banking and marketing specialists leave for a tour of Asia next week in which
COSTA RICA TAKES BATTLE WITH US TO WTO
Paula L. Green |
Tiny Costa Rica is fed up with its giant northern neighbor's attitude on trade. First, the C
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 245.23 off 1.05
RAMTRON, FUJITSU SIGN COMPUTER TECHNOLOGY AGREEMENT
Associated Press |
Ramtron International Corp. and Fujitsu Ltd. Thursday announced a multimillion-dollar agreement to j
Maritime
SRI LANKA CONSIDERS TELECOM PRIVATIZATION
N. Vasuki Rao |
The subcontinent's latest entrant in the race to shape up its telecommunications sector began this w
Maritime
PRICE CALLED KEY TO JAPANESE COAL MARKET OPPORTUNITY SEEN FOR US PRODUCERS
Mark Magnier |
If U.S. coal producers don't mind being used as a lever against the Australians, they have a great f
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