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TRANSPORT BRIEFS
Wire and Staff Reports |
NITL SEEKS DELAY ON CONTAINER RULESWASHINGTON - The National Industrial Transportati
TRADERS ASK COMEX FOR EARLIER CLOSE OF COPPER DEALING
Knight-Ridder Financial |
Several traders are lobbying to have the close of trading on the New York Mercantile Exchange's Comm
NORANDA SETTLES SUIT, WILL CLEAN IDAHO MINE SITE
Knight-Ridder Financial |
Canadian mining company Noranda Mining Inc. has signed a pact to clean up the historic Blackbird Min
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 235.64 off 1.00 w
AIR CARRIERS LOOK TO SEND CARGO RATES EVEN HIGHER
William Armbruster |
Exporters and importers that ship by air are facing a new round of increases to their freight bills
TRADING WITH SAUDI ARABIA TEX-MEX EATERY HITS SAUDI ARABIA, MIDEAST TRAIL
Maria Carlino |
With competitors Chi-Chi's and Taco Bell installed in the region, Taco Cabana Inc., a Tex-Mex-style
Maritime
US ELECTRONICS FIRMS SAW WIDENING OF TRADE GAP TO $23.2 BILLION IN '94
Journal of Commerce Staff |
American electronics manufacturers are selling far less than their overseas competitors, according t
Maritime
MANILA REVAMPING FOREIGN MISSIONS
Reuters |
The Philippine Foreign Ministry will revamp its missions abroad to be more responsive to the needs o
Maritime
CHINESE DEMAND EXPECTED TO KEEP COTTON PRICES HIGH
Reuters |
China will be a significant importer of cotton for years to come, adding to a world imbalance of dem
SENATOR CONDEMNS NAVY OVER TANKER "FIASCO'
Jim Adams |
Senate and Defense Department investigators blamed Navy mistakes and the weakened finances of two sh
Maritime
HAMBURG SUD REVAMPS LATIN AMERICAN SERVICES
Journal of Commerce Staff |
The German line Hamburg Sud is consolidating under single management its various shipping subsidiari
Maritime
POLITICAL PROTEST UNLIKELY TO AFFECT INSURANCE RATES ON NUCLEAR RISKS
HELEN R. MacLEOD |
Draft statements and preliminary speeches at the Nuclear Non-Proliferation Treaty Conference here de
MARITIME BRIEFS
Wire and Staff Reports |
OOCL REEFER BOXES TO DEBUT THIS SUMMERPLEASANTON, Calif. - Orient Overseas Container
Maritime
CONSUMER PRICES RISE IN VIETNAM
Associated Press |
Consumer prices climbed 1 percent in April from the previous month, bringing the increase from April
EU OUTLINES MEMBERSHIP TERMS FOR EAST, CENTRAL EUROPEAN COUNTRIES
Bruce Barnard |
The European Union set tough terms Wednesday for six Eastern and Central European nations seeking to
Maritime
TOUGHER SANCTIONS SOUGHT FOR BREAKING SINGLE-MARKET RULES
Journal of Commerce Staff |
The European Commission called Wednesday for tougher sanctions against companies that break the Euro
Maritime
CONRAIL NAMES CYNTHIA ARCHER VICE PRESIDENT OF INTERMODAL
Journal of Commerce Staff |
Consolidated Rail Corp. has named Cynthia A. Archer as senior vice president of the carrier's interm
INDUSTRIAL PRODUCTION WILL POWER CZECH GROWTH, PRIME MINISTER SAYS
Michael S. Lelyveld |
Industrial production has taken a sudden leap in the Czech Republic this year, supplying the missing
Maritime
LOAN GUARANTEES SUGGESTED FOR ALAMEDA CORRIDOR FUNDING
Bill Mongelluzzo |
With the chance of the hoped-for $700 million federal grant now uncertain, the Alameda Corridor Tran
UP SAYS MAINLINE TO SPOKANE SHOULD BE CLEARED THIS AFTERNOON
From Wire and Staff Reports |
A Union Pacific official said the railroad's mainline to Spokane, Wash., likely will return to norma
ASIA'S BULK COAL MARKET SHIFTS AHEAD OF ANTICIPATED BOOM
Mark Magnier |
The market for Asian bulk coal shipments is expected to double by the year 2000, but traditional pat
BATEMAN: NO US AID, NO MERCHANT MARINE
William L. Roberts |
Rep. Herbert Bateman, R-Va., chairman of a special oversight panel on federal maritime programs, tol
Maritime
MARITIME UNION POUNDED BY ECONOMIC, ETHICS STORMS
Tim Shorrock |
The National Maritime Union, one of the nation's oldest seagoing unions, is facing economic and lega
TURKEY RENEWS PLAN TO BUY OIL FROM IRAN
Reuters |
Iranian Oil Minister Gholamreza Aghazadeh said Wednesday that Iran would sell Turkey 4 million metri
US, SOUTH KOREA TO SETTLE "HOT DOG' ROW AT WTO
Reuters |
The "hot dog dispute" between the United States and South Korea has reached the World Trade Organiza
Maritime
COFFEE PRICES FALL AT KENYAN AUCTION
Knight-Ridder Financial |
Prices for Kenyan coffee dropped between $5 and $10 at Wednesday's weekly auction here, more or less
BALTIC FREIGHT INDEX
JOC Staff |
2344 (May 3, 1995) Previous day - 2351 The Baltic International Freight Futures Market in Lo
Maritime
WITNESS LINKS PARISE TO BRIBERY SCHEME EX-NMU LAWYER SAYS HE PAID TO GET REFERRALS
Tim Shorrock |
Bernard Sacks, a former lawyer for the National Maritime Union, recently testified that he paid $3,0
Maritime
US TRADE DRYING UP WITH SUB-SAHARAN AFRICA
Milan Ruzicka |
U.S. trade with the rest of the world is growing at a double-digit pace, but it plummeted with sub-S
MEXICAN RAILWAY SEEKS BIDS FOR HANDLING OF CONTAINERS
Journal of Commerce Staff |
Ferrocarriles Nacionales de Mexico, the state-owned railroad heading for the auction blocks, is seek
QUAD MEET TAKES BACK SEAT TO US-JAPAN AUTO TALKS
William Dibenedetto |
Last-ditch talks between the United States and Japan on automotive trade have upstaged meetings that
Maritime
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
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
OCCIDENTAL CHEMICAL TO CLOSE NY PLANTNORTH TONAWANDA, N.Y. - Occidental Chemical Cor
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 3, 1995Brent Crude Oil - (Dollars Per Barrel)__
INSURANCE BRIEFS
Wire and Staff Reports |
PCS PEGS BLAST COSTS AT OVER $125 MILLIONRAHWAY, N.J. - Insurance costs for the bombing of t
CALIFORNIA SEEING REVIVAL OF EFFORTS TO SET NO-FAULT AUTO INSURANCE LAW
Brian Johns |
An altered political landscape has rejuvenated efforts in California for some form of no-fault auto
COST OF CREDIT
JOC Staff |
Wednesday, May 3, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DOLLAR FIRM AS US, JAPAN SHIFT CAR TALKS INTO GEAR
Jon E. Hilsenrath |
The U.S. dollar entered a holding pattern Wednes- day, as market participants awaited news of the ou
US RICE FIRM SAYS SALES TO IRAN ON BOOKS WILL GO THROUGH
Knight-Ridder Financial |
Large U.S. rice sales on the books to Iran probably will be shipped despite an executive order to ha
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
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