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DAILY PETROLEUM PRICES.
JOC Staff |
Friday Oct. 20, 1995 Prevailing sellers' posted prices at the close of business, representin
FREIGHT RATE FUTURES
JOC Staff |
Oct. 20, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
TRANSPORT BILL LIKELY TO PROVIDE $635 MILLION IN AMTRAK SUBSIDIES
William L. Roberts |
Despite some Republican threats to "zero-out" Amtrak, the government-owned passenger rail service is
IN A TWIST, PRESSLER TO UNVEIL SHIP BILL DEREGULATION, REMOVAL OF FMC KEY COMPONENTS
Stephanie Nall |
Republican Sen. Larry Pressler is about to jolt the Senate out of its ocean shipping deregulation sl
INDIAN TELEVISION MAKER TAKES ON JAPANESE BRANDS
Narayanan Madhavan |
It started out as a small factory founded by a retired bureaucrat, at a time when owning a color tel
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
FAIRWAY TERMINAL CORP. (Houston, Texas) - Laura L. Crumley was named vice president of finance for t
Maritime
MARKET GURU: JARGON'S CHANGING, DON'T PANIC
Margo D. Beller |
A strange new world is coming for insurers, reinsurers and brokers. "You will see lots of th
MERCOSUR TRANSPORT PROJECTS IN FAST LANE
Maria Carlino |
For decades, ambitious road, rail and waterway networks linking South America's most southern nation
AIR FOYLE'S MUSCLE MEETS UNIQUE HEAVY-LIFT DEMANDS
Janet Porter |
With little more than a week in which to meet a lucrative Japanese export order for a large canning
INSURANCE EARNINGS
Wire and Staff Reports |
AGENT POE & BROWN'S EARNINGS CONTINUED TO CLIMB IN THIRD QUARTERTAMPA, Fla. - Insura
"GARBAGE IN, GARBAGE OUT' MAXIM TAKES ON NEW CONNOTATION AT CBT
Paul F. Conley |
Garbage in, garbage out. That's what computer programers say when something goes wrong in a computer
INTERTANKO APPOINTS DU MOULIN CHAIRMAN
Janet Porter |
Richard du Moulin, chairman of Marine Transport Lines Inc., will take over as chairman of the Intern
Maritime
INSURED PROPERTY LOSS $1.6 BILLION FOR QUARTER
Margo D. Beller |
The insurance industry said it was hit with $1.6 billion in insured property loss in the third quart
CSX SEES SOLID DEMAND AS THE ENGINE TO POWER STRONG GROWTH IN EARNINGS
Rip Watson |
After struggling for years in a marketplace where too much capacity chased too little freight, CSX C
AIR INDIA GETS CLEARANCE TO PURCHASE TWO 747-400S
N. Vasuki Rao |
State-owned Air India will buy two more Boeing 747-400 aircraft. The Ministry of Finance has
AUSTRALIA TO TAP SUGAR MARKETS IN MIDDLE EAST AND E. EUROPE ASIAN USAGE EXPECTED TO RISE
Reuters |
Australia, the world's leading raw sugar exporter and a major player in Asia,plans to tap ne
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
EXECUTIVE: MOSCOW HAS ENOUGH GRAINMOSCOW - Moscow has enough grain despite the poor
FIRST IT WAS CAR KITS AND PARTS, NOW IT'S ELECTRONIC GOODS
Mark Magnier |
The other shoe has dropped. After all the rate erosion seen in recent days on containerized
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
CONSUMER PRICES RISE IN DENMARK
Knight-Ridder Financial |
Denmark's consumer prices rose 0.6 percent in September from a month earlier, the National Statistic
NON-ALIGNED NATIONS TO STRENGTHEN ECONOMIC TIES WITHIN MOVEMENT
Patti Lane |
Leaders and top officials of the 114 countries of the Non-Aligned Movement pledged to forge economic
Maritime
TRADE BRIEFS
Wire and Staff Reports |
FARM EXPORT PROGRAMS NEEDED, CONGRESS TOLDSlashing export promotion programs could cost the
Maritime
FEDEX PILOTS ACCEPT ARBITRATION OFFER
Chris Isidore |
The Air Line Pilots Association late Friday accepted an offer of binding arbitration in its negotiat
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 20, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
COALITION DRILLS HORIZONTAL OIL WELLHOUGHTON, Mich. - A coalition of industry and tw
PRODUCTION OUTLOOK WORSENS FOR COTTON
Knight-Ridder Financial |
Cotton Outlook has cut its 1995-96 world cotton production estimate for a second consecutive month,
TRUCKERS TO HOLD NAFTA WORKSHOP TO PREPARE FOR BORDER OPENING
Kevin G. Hall |
With the Dec. 18 opening of the U.S.-Mexico border to international trucking fast approaching, truck
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 20, 1995 Prev. Life of Contr. OpenOpen High
TRADE OFFICE TO EXAMINE CHARGES AGAINST BOEING
Wire and Staff Reports |
The U.S. Trade Representative's Office will examine charges by striking Boeing Co. machinists that t
JAPAN'S MATSUSHITA TO BUILD CHIP FACTORIES IN US, ASIA GLOBAL PC BOOM A DECIDING FACTOR
Aya Takada |
Japan's giant Matsushita group announced on Friday it was investing heavily in building new computer
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
LLOYD TRIESTINO OFFERS NORTH EUROPE SERVICELONDON - The Italian container line Lloyd
Maritime
MIT APPEALS RULING ON PAYMENT TO UTILITY
Associated Press |
The Massachusetts Institute of Technology has asked the U.S. Supreme Court to reject a state ruling
MIAMI'S NEW CRANES CUT HANDLING TIME
Laura Myers |
With the recent addition of two new 50-long-ton post-Panamax gantry cranes, priced at $5.9 million e
INSURANCE BRIEFS
Wire and Staff Reports |
JAPAN OFFERS INSURANCE FOR MITSUI RUSSIA SALETOKYO - The government will apply trade
CATASTROPHE CONTRACTS RESURFACE IN CHICAGO
Paul F. Conley |
CATs, it would seem, truly do have nine lives. Catastrophe-insurance contract options - the
SEATTLE PORT HOPES REPORT PAVES WAY FOR RUNWAY
WILLIAM DiBENEDETTO |
Reductions in nighttime noise at Seattle-Tacoma International Airport and other steps should satisfy
BARGE FIRMS TAKE WAIT-AND-SEE ATTITUDE ON REVAMPING OF COAST GUARD DISTRICTS
Paul F. Conley |
Barge operators are adopting a wait-and-see approach to a massive revamping of the U.S. Coast Guard
Maritime
BUSINESS GROUPS PUSH MCLARTY FOR KANTOR'S JOB TRADE CHIEF EXPECTED TO HEAD CLINTON CAMPAIGN
John Maggs |
As the date nears for Mickey Kantor's long-expected move to the Clinton re- election campaign, leadi
MANAGING TRAFFIC - GREGORY S. JOHNSON POTATO SHIPPERS, IRKED BY SLOW TRAINS, SHIFT TO TRUCKS
Gregory S. Johnson |
Miffed at rail shipments lasting as long as some vacations, a few Colorado potato shippers are swear
COSTLY '95 HURRICANE SEASON MAY HERALD NEW CYCLE
Patricia Vowinkel |
The last time so many hurricanes approached the United States, Franklin Roosevelt was in the White H
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