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PRUDENTIAL TO REORGANIZE, CUT STAFF TO PARE $800 MILLION IN EXPENSES
Journal of Commerce Staff |
The Prudential Insurance Co. said Wednesday it was reorganizing its businesses and cutting staff to
APEC'S FREE-TRADE RESOLVE UNCERTAIN DRAFT OMITS DEADLINES TO SCRAP REGIONAL BARRIERS
Mark Magnier |
A draft of the final communique from this week's summit of Asia-Pacific nations makes no mention of
CONFERENCE COMES UP WITH A HIGHWAY BILL NO TRUST-FUND MONEY SET ASIDE TO AID AMTRAK
William L. Roberts |
House and Senate conferees, after a month of hammering out differences between two versions of a bil
TRADE BRIEFS
Wire and Staff Reports |
ITC: US FIRMS INJURED BY JAPANESE STEEL PLATEThe International Trade Commission said it made
Maritime
ASEAN OFFERS "FULL SUPPORT' TO LIBERALIZING AGRICULTURE
Bill Tarrant |
Southeast Asian nations threw their support on Wednesday behind the principle of full trade liberali
CHINESE AREA'S HOPES FOR INVESTMENT RIDE ON NEW RAIL ARTERY
P.T. Bangsberg |
Just as the railroads opened up the American West in the last century, the new rail line linking Bei
ILLINOIS CENTRAL OFFERS TO PURCHASE SP TRACK
Rip Watson |
Illinois Central Railroad Co., in a bid to ease customers' concerns that a Southern Pacific-Union Pa
TRADE BRIEFS
Wire and Staff Reports |
DELAY OF NAFTA TALKS DISAPPOINTS CHILEWASHINGTON - Chilean officials Wednesday said
Maritime
BNSF TESTS NEW RAILCAR TO HANDLE FINISHED AUTOS
Rip Watson |
Burlington Northern Santa Fe Corp. is testing a new railcar to handle finished vehicles, with the go
PERES KNOCKED MOSSAD 6 MONTHS BEFORE ASSASSINATION
John Maggs |
Only six months ago, then-foreign minister Shimon Peres was quoted by a top U.S. official complainin
Maritime
TRADING WITH GEORGIA OPEN-DOOR TRADE POLICIES EXPECTED TO CONTINUE
Maria Carlino |
With Eduard Shevardnadze's re-election this month, the Georgian government is expected to continue e
Maritime
OSAKA OFFERS A WIDE RANGE OF ENTERTAINMENT TO CONFEREES
Reuters |
APEC-mania has even spread to Osaka's entertainment district. When the serious business of n
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
LONG BEACH TO SELL HARBOR REVENUE BONDS PROCEEDS TO FUND HANJIN TERMINAL
Bill Mongelluzzo |
Amid mixed signals in the financial markets, the Port of Long Beach today will go out for bid on $34
Maritime
THREE JOFC STAFFERS NAMED TO NEW POSITIONS
Journal of Commerce Staff |
Aviva Freudmann, The Journal of Commerce's deputy editorial director, has been named the paper's Can
11 CHINESE TO IMMIGRATE TO TAIWAN
Reuters |
Taiwan has approved 11 immigration applications by mainland Chinese, including a Chinese court offic
MARITIME REFORM PLAN TERMED WORTH THE RISKS FEARS OVERBLOWN, SHIPPERS TOLD AT CONFERENCE
Gregory S. Johnson |
Rejecting warnings that shipping reform will result in an industry upheaval, supporters of deregulat
Maritime
EC COMMISSION SEEKS TO HELP FILMMAKERS FIGHT HOLLYWOOD
Reuters |
The European Commission Wednesday proposed that the European Union set up a guarantee fund that coul
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 15, 1995*Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
Nov. 15, 1995 Included are list prices of suppliers. Quota tions do not necessarily represen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 15, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
TRANSPORT EARNINGS EARLY RETIREMENT COSTS DRIVE DOWN UPS INCOME
Wire and Staff Reports |
United Parcel Service, hit by a onetime charge for early retirement, reported a drop in income despi
JAPANESE PRINTERS POST HIGHER 1ST-HALF PROFITS
Reuters |
Major Japanese printing firms Dai Nippon Printing and Kyodo Printing posted higher profits for the f
SINGAPORE JUSTICE IN BARINGS CASE WILL MOVE QUICKLY, LAWYERS SAY
Reuters |
The trial of former Barings futures trader Nick Leeson could be over very quickly, possibly even by
PEMEX CHIEF SEES NATURAL-GAS TRADE EQUILIBRIUM IN MEXICO
Kevin G. Hall |
Mexico enjoys a trade surplus in natural gas, but the opening of the sector to private and foreign i
RICHMOND TO DEDICATE WHARF RENOVATION
JOC Staff |
The Port of Richmond today will dedicate a wharf extension in ceremonies marking the completion of t
Maritime
DOLLAR DIPS AS TRADERS SEE WASHINGTON GRIND TO A HALT
Knight-Ridder Financial |
The U.S. dollar declined slightly Tuesday as traders waited for news on the budget talks in Washingt
SERVICE CUTS WON'T AFFECT MOST US WATERWAYS
Paul F. Conley |
Maritime commerce in the U.S. heartland will be largely unaffected by the reduction in federal servi
SALES MIXED IN HEAVY-TRUCK MARKET
Michael S. Lelyveld |
Freightliner Corp. defended its lead in the heavy-truck market last month, as industry sales turned
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 14, 1995 Quotations are based on prices reported in the market or obtained from s
EARNINGS
Wire and Staff Reports |
SEDGWICK GROUP'S PROFIT ROSE FOR NINE-MONTH PERIODSedgwick, the London-based insurance broke
A BLOC PUSHED FROM BELOW
Mark Magnier |
As world leaders descend on Osaka this week for the third annual APEC summit, they will try to rise
SOUTH ASIAN TRADE PACT TAKES EFFECT NEXT MONTH
N. Vasuki Rao |
A much-discussed preferential-trading arrangement among seven nations of South Asia will come into f
Maritime
QUOTE TO NOTE THE GOOD OLD DAYS OF OCEAN SHIPPING:
_ Tim Rhein |
"I remember when I started in this business most folks didn't work in the afternoon. They were eithe
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 14, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 14, 1995Brent Crude Oil - (Dollars Per Barrel)
FREIGHT RATE FUTURES
JOC Staff |
Nov. 14, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
RISK CAPITAL REINSURANCE CO. (Greenwich, Conn.) - Charlene A. Heffernan was named vice president of
FINANCING TRADE - GORDON PLATT ENVIRONMENTAL FUND HELPS US COMPANIES SELL EQUIPMENT IN ASIA
Gordon Platt |
The Environmental/Energy Technology Fund, established in 1992, provides grants of up to $20,000 to h
Maritime
LYKES FILES HAZY ACCOUNT OF CREDITORS, MONEY OWED UNSECURED DEBT LARGELY UNKNOWN
Michael Fabey |
The biggest best-seller late last week here apparently was the schedule of Lykes Bros. Steamship Co.
Maritime
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