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FOR SHIPPERS, CHAPTER 11 WAS NO SURPRISE TROUBLES STEM FROM DECISIONS MADE IN '60S, '70S
Michael Fabey |
When the week started, ocean shippers thought that Lykes Bros. Steamship Co. would be unveiling its
TRANSPORT BRIEFS
From Wire and Staff Reports |
HANJIN, NS TO OPEN INTERMODAL TERMINALCHICAGO - The newest intermodal terminal in th
INSIDE TALK - RIP WATSON PLAN FOR UP-SP TRACK RAISES LOBBYING EFFORTS, EMOTION TO RARE HEIGHTS
Rip Watson |
The railroad industry's heavy hitters have been striving this week to win over key people interested
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 12, 1995 Quotations are based on prices reported in the market or obtained from s
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 12, 1995Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 12, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
MARITIME BRIEFS
From Wire and Staff Reports |
ROXANNE SLAMS YUCATAN, ZEROES IN ON MEXICOHurricane Roxanne rammed through the Yucat
Maritime
TEXTILES SEND JOFC INDEX TO NEW '95 LOW
Journal of Commerce Staff |
In a sign of growing commodity price deflation, The Journal of Commerce Industrial Price Index fell
SMALL AIRLINES SAY FEE PROPOSAL SHIFTS BURDEN TO THEM
Stephanie Nall |
Exchanging the current system of passenger ticket taxes for user fees on takeoffs and landings as a
WEEKLY COAL EXPORTS WEEK OF OCT. 2-6, 1995
PIERS, New York |
Only table.
BALTIC FREIGHT INDEX
JOC Staff |
1760 (Oct. 12, 1995) Previous day - 1773 The Baltic International Freight Futures Market in
Maritime
LINE'S FAILURE TO HEDGE YEN DEBT CALLED MAJOR MISTAKE
Arthur Gottschalk |
Hedging could have turned a major pain into a major gain for Lykes Bros. Steamship Co. On We
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPAN OFFICIAL APOLOGIZES TO RUBIN OVER DAIWAJapan's finance minister has apologized to his
Maritime
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
EXXON VENTURE TO SEEK OIL, GAS IN KAZAKHSTANExxon plans in 1996 to start exploring the Mortv
APPLE EXPORTS SHINE, BUT HURDLES REMAIN
WILLIAM DiBENEDETTO |
Northwest apple growers have scored some solid export successes over the past two seasons, including
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
PEOPLE - INSURANCE
From Wire and Staff Reports |
ACORDIA INC. (Indianapolis) - Dwane R. Houser has been elected to the insurance brokerage firm's boa
MACHINE TOOL SALES RISE 2.5 PERCENT IN UK
Knight-Ridder Financial |
Sales of British machine tools rose a seasonally adjusted 2.5 percent in August from July at constan
MICHIGAN PORTS HOPING TO ATTRACT SOME BARGES
Paul F. Conley |
The largest regulatory hurdle seems to be gone, but ports along the east coast of Lake Michigan are
Maritime
NO NEWS IS BAD NEWS FOR DOLLAR ON DULL DAY
Knight-Ridder Financial |
The U.S. dollar declined Thursday, with traders hard-pressed to note any developments of significanc
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
FBI "ENCOURAGED' BY PROGRESS IN AMTRAK DERAILMENT CASE
Peter M. Tirschwell |
The Federal Bureau of Investigation continued its criminal probe Thursday into Monday's derailment o
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Oct. 12, 1995 Prevailing sellers' posted prices at the close of business, represent
NON-ALIGNED MOVEMENT PURSUES NEW GOALS SUMMIT TO STRESS ECONOMIC CLOUT
Patti Lane |
Born out of the Cold War, the Non-Aligned Movement is shifting focus. The group's 113 member countri
Maritime
QUOTE TO NOTE ON FREE-TRADE CREDENTIALS:
_ Proposed congressional Resolution introduced By Rep. Marcy |
"Free trade is possible only among free people with democratic and open political systems."
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
LUFTHANSA CARGO (New York) - Christopher Notter was appointed manager of cargo service quality, USA.
CHINA DRAWS THE LINE ON INVESTMENT IN AVIATION, BUT US DEAL MAY SURVIVE
Reuters |
A senior Chinese aviation regulator has ruled out foreign investment in the core business of Chinese
CHINA TO PROCEED WITH DEREGULATION OF HUGE OIL INDUSTRY, BUT NOT IN '96
Angela Tan |
Full deregulation of China's oil industry, the world's fastest-growing energy consumer base, is unli
FRUIT, VEGETABLE EXPORTS LIKELY TO KEEP GROWING
Richard Lawrence |
U.S. fruit and vegetable exports, on an upward trend for years, are expected to keep rising at least
INSURANCE BRIEFS
Wire and Staff Reports |
HURRICANE OPAL LOSSES SET AT $2.1 BILLIONRAHWAY, N.J. - Property Claim Services said
NEVADA BUSINESSES PROTEST PLANNED RATE CHANGES
Brendan Riley |
Representatives of scores of Nevada businesses showed up this week to protest State Industrial Insur
FOR US SEAFARERS, FILING REPRESENTS LATEST SIGN THAT US FLEET IS SINKING
Tim Shorrock |
U.S. seafarers see the bankruptcy protection filing by Lykes as just the latest step in a slow demis
Maritime
JOURNAL OF COMMERCE - FAST FACTS TOP US EXPORTS RELYING HEAVILY ON AIR TRANSPORT
U.S. Census Bureau |
No text.
CARRIER STILL KICKING, BUT CUSTOMERS FACE RISKS
Michael Fabey |
The key word in the Chapter 11 bankruptcy filing by Lykes Bros. Steamship Co. is protection. The com
EXPORT ABCS - FRANK REYNOLDS FINDING YOUR BEST MARKETS: HOW TO RANK THE POSSIBILITIES
Frank Reynolds |
The previous two columns covered locating trading partners. The next step is to determine which nati
Maritime
TRADE LEADS
JOC Staff |
Exporters/suppliers or importers/buyers are sought for the following items. Interested parties are a
Maritime
CLINTON TEAM REJECTS AIRLINES' REQUEST FOR TAX RELIEF
Stephanie Nall |
The Clinton administration has turned down a plea from the airline industry and will require the car
CONTROLLED ATMOSPHERE SOLVES SOME PEST, RIPENESS PROBLEMS
Michael Goldstein |
The world loves American produce. In 1994, the United States exported some $43.5 billion in
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
FRENCH GROWTH CONTINUES TO SLOW GDP SEEN RISING 2.9 PERCENT THIS YEAR
Knight-Ridder Financial |
French economic growth continued to slow in the third quarter of 1995, the national statistics insti
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