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CHAIRMAN WANTS GOVERNMENT OFF INSURANCE INDUSTRY'S BACK
Russ Banham |
Getting government off the backs of the insurance industry and keeping it off is one of the objectiv
PHILIPPINE AIRLINES EXPECTS BIG LOSS FROM "OPEN SKIES'
Genevieve Soledad |
Philippine Airlines says it will lose around 2 billion pesos ($77.1 million) in revenue every year d
SPOT PRODUCT PRICES
JOC Staff |
Oct. 20, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
DHL, SEEING HUGE POTENTIAL, OPENS MOSCOW TERMINAL RUSSIAN MARKET HAS DOUBLED, OFFICIAL SAYS
Geoff Winestock |
Predicting strong growth in the Russian express delivery market, DHL Worldwide Express has opened a
FOREIGN OPERATOR PLANS UPGRADE OF HAINAN PORT FOR OIL TRAFFIC
Ang Bee Lin |
Europe's Hohbond International Petrochemical Co., the first foreign firm to wholly own an oil refine
Maritime
MEXICO'S ECONOMIC RED FLAG SCARES "BULLS' SLUMP IS STIFLING FOREIGN INVESTMENT
Kevin G. Hall |
A continuing economic slump in Mexico coupled with wary foreign investors is stifling direct foreign
COST OF CREDIT
JOC Staff |
Friday, Oct. 20, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PLUNGING LIRA DRAGS DOLLAR DOWN WHILE BOOSTING THE DEUTSCHE MARK
Gordon Platt |
The collapse of the Italian lira on Friday boosted the German mark and booted the dollar down the sl
MEXICO OFFERS INCENTIVES FOR RETURNING CAPITAL
Journal of Commerce Staff |
The Mexican government is offering steep tax savings for capital returning to the country in the nex
SURGE IN PC SALES PROMPTS INTEL TO BUILD IN ISRAEL, IRELAND, MALAYSIA
Reuters |
Intel Corp., the world's largest maker of computer chips, said Friday it will build new plants in Is
Maritime
AMERICAN LIFE PULLS STOCK OFFERING
Journal of Commerce Staff |
American Life Group Inc. withdrew its two-month-old initial public offering of 15 million shares of
CATCHING COONGRESS' EYE
Margo D. Beller |
Property/casualty insurers must continue to keep an eye on industry issues, even with a business-fri
OUTBOUND LOGISTIC EXPERTISE NEEDED
Chris Isidore |
The automobile industry is one of the most experienced in the field of just- in-time inventory manag
MOL: FROM ASIA TO US, RATES ARE TOO LOW TO LAST NONCONFERENCE LINES BLAMED FOR APL'S CUTS
Bill Mongelluzzo |
Current freight rates from Asia to the United States are not real-world and must go back up if shipp
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 20, 1995Brent Crude Oil - (Dollars Per Barrel)
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
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