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MAJOR FIRES WREAK HAVOC ON ECONOMY IN CHINA
Reuters |
Major fires are hampering China's economic growth and negligence by local officials is frequently to
Maritime
CHINA WANTS TO LIMIT URBAN JOBLESS RATE TO 3 PERCENT
Benjamin Kang Lim |
China will try to curb its urban unemployment rate in 1995 to 3 percent or 5.1 million people, numbe
Maritime
US, S. KOREA IN STANDOFF ON FOOD RULES
Mark Magnier |
The United States and South Korea remained locked in a standoff over South Korea's food inspection s
JOURNAL OF COMMERCE - FAST FACTS WORLDWIDE AIR CARGO
International Air Transport Association |
No text.
CUSTOMS TO REIN IN HONG KONG APPAREL COMMITTEE ISSUES PARTIAL LISTING OF IMPORT QUOTAS
Paula L. Green |
The U.S. Customs Service will tighten controls on more than $4 billion of textile and apparel import
Maritime
UPS TO DIVERSIFY INTERMODAL FLEET, BUY 28-FOOT BOXES
Rip Watson |
United Parcel Service Inc., the world's largest freight carrier, is diversifying its equipment fleet
COST OF CREDIT
JOC Staff |
Friday, April 7, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
WALL STREET WALKS AWAY FROM TRUCKING INDUSTRY
Chris Isidore |
Trucking stocks skidded into a ditch on Wall Street in the first quarter of the year, as concerns ab
RUSSIANS DIVIDED ON DEFENSE CONVERSION OPIC PUSHING MOSCOW TO ACT
Geoff Winestock |
U.S. investment in Russian defense conversion is being slowed by political confusion in the Russia m
Maritime
DOT ADAMANT JUSTICE DEPT. SUPERVISE RAIL MERGERS
Lisa Burgess |
Despite the railroad industry's desire to see rail merger authority remain in an independent regulat
TRADE BRIEFS
Wire and Staff Reports |
EU TO PROBE CHARGES OF DISK DUMPINGBRUSSELS - The European Commission said Friday it
Maritime
MEXICO, SEARCHING FOR AN ALTERNATIVE TO PANAMA CANAL, PUSHES LANDBRIDGE
Kevin G. Hall |
Confirming rumors that Mexico plans to construct an alternative to the Panama Canal, Transportation
EL AL TO ADD A 3RD FLIGHT BETWEEN CHICAGO, TEL AVIV
Journal of Commerce Staff |
El Al Israel Airlines said it will launch its third weekly flight between Chicago and Tel Aviv on Ju
TRADE FAIRS
JOC Staff |
REGIONAL BLOCS Africa - The Last Great Developing Market. April 23-28, Nairobi, Keny
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended April 1, 1995, vs. Similar 1994 Period Cars CarsLoaded Loaded
Maritime
SANTA FE ORDERS 26 LOCOMOTIVES
Journal of Commerce Staff |
Atchison, Topeka and Santa Fe Railway said it will acquire 26 locomotives in the third quarter.<
PUBLIC-PRIVATE COOPERATION IS KEY TO TRADE POLICY, US OFFICIAL SAYS
P.T. Bangsberg |
The Clinton administration and the American business community "must become the closest of partners"
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
FLIGHT CREW UNION PLANS STRIKE AT AEROFLOTMOSCOW - The trade union for the flight cr
TRANSPORT EARNINGS ALITALIA TRIMMED LOSSES IN '94, HOPES TO BREAK EVEN THIS YEAR
Reuters |
Italian state airline Alitalia SpA said last week it had trimmed its losses in 1994 and had a good c
BA CARGO OPERATION WOOS CARRIERS THAT HAVEN'T FOCUSED ON FREIGHT
Liz Shuker |
British Airways' cargo transportation division, World Cargo, is to expand independently of the airli
US, JAPAN FIRMS DIFFER ON YEN-DOLLAR STRATEGIES
Michael S. Lelyveld |
As the dollar slipped to record lows against the yen last week, major U.S. and Japanese industrial c
Maritime
NEPAL MAPS STRATEGY TO ATTRACT INVESTORS
Reuters |
Nepal's 4-month-old Communist government unveiled a liberal economic policy that courts foreign and
Maritime
RUSSIAN CARGO PLANE TRANSPORTS GIANT US PRINTING PRESS TO GERMANY
William Armbruster |
In what has been billed as the largest ever air shipment for a trade show, a Russian cargo plane has
BN AND SANTA FE REACH DEAL WITH KCS ON HAULAGE RIGHTS AGREEMENT HINGES ON OK FOR MERGER
Rip Watson |
Prospective merger partners Burlington Northern Railroad and Santa Fe Railway made a complex, last-m
ROADWAY TAKES A BEATING ON BOTTOM LINE, WALL ST.
Chris Isidore |
Roadway Services Inc. announced sharply reduced first-quarter earnings, well below the expectations
CHINA, KUWAIT HOPE TO BOOST OIL INDUSTRY COOPERATION
Knight-Ridder Newspapers |
China and Kuwait aim to increase cooperation in the oil industry, including production and refining,
CHANGE IN LIMIT APPROVED FOR NY COTTON EXCHANGE
Knight-Ridder Financial |
The New York Cotton Exchange Board of Directors last week approved a change in the rules for the dai
SRI LANKA HALVES INFLATION IN SEVEN-MONTH PERIOD
Rohan Gunasekera |
The Sri Lankan government has halved the island's inflation rate seven months after winning power, b
Maritime
THAI INFRASTRUCTURE PLAN EXPECTED TO LURE PRIVATE-SECTOR FUNDING
Ron Corben |
Thai infrastructure development has become the focus of billions of dollars of investment, with mast
Maritime
CANADA'S UNEMPLOYMENT RATE INCREASED TO 9.7 PERCENT IN MARCH
Knight-Ridder Financial |
Canada's seasonally adjusted unemployment rate for March rose to 9.7 percent, up 0.1 percentage poin
TRADE BRIEFS
Wire and Staff Reports |
IMF OKS $2.8 BILLION TO SHORE UP ARGENTINAWASHINGTON - The International Monetary Fu
Maritime
IFC TO FUND POWER PLANT IN PAKISTAN
Journal of Commerce Staff |
A unit of the World Bank signed an agreement Friday to provide up to $49.5 million for building a 36
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
$138,000 PAID FOR SEAT ON CSCE SETS RECORDKANSAS CITY, Mo. - A full membership seat
DAILY PETROLEUM PRICES
JOC Staff |
Friday Apr. 7, 1995 Prevailing sellers' posted prices at the close of business, representing
ENERGY OUTLOOK - DALE STEFFES FERC PROPOSAL MEANS SHOCKING CHANGE FOR ELECTRIC UTILITIES
Dale Steffes |
Utility regulation in the United States has been one of the great social inventions of all time. It
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 236.51 up 0.19 w
SALOMON'S OUTLOOK COOLS FOR CHEVRON, MOBIL, TEXACO
Knight-Ridder Newspapers |
Salomon Brothers Inc. lowered its outlook for Chevron Corp., Mobil Corp. and Texaco Inc. on concerns
SHELL UNIT DRILLS FOR OIL OFF CHINA'S EAST COAST
Knight-Ridder Financial |
Shell China Petroleum Development BV last week began exploring for oil off China's eastern coast and
GASOLINE PRICES
JOC Staff |
Apr. 7, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unle
US WILL PRESS INDIA TO OPEN INSURANCE MART, CUT TARIFFS
N. Vasuki Rao |
The United States will press India to open its insurance sector and further reduce import tariffs at
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