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TRANSPORT BRIEFS
Wire and Staff Reports |
CN POSTS 1994 PROFIT OF ABOUT $200 MILLIONCN North America earned a profit of nearly US$200
SEN. LUGAR SLAMS PROPOSAL TO SCRAP USDA
Knight-Ridder Financial |
Senate Agriculture Committee Chairman Richard Lugar told reporters last week that he opposes a plan
FREIGHT RATE FUTURES
JOC Staff |
Mar. 17, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
2266 (Mar. 17, 1995) Previous day - 2251 The Baltic International Freight Futures Market in
Maritime
RUSSIAN RIVER CRAFT PRESENT A PERIL TO OCEAN SHIPPING, EXPERT WARNS
Janet Porter |
Russian ships and barges built mainly for trading on rivers and canals are becoming a hazard in the
Maritime
INTERMODAL PARLEY SHUNS TRADITIONAL RAIL FOCUS
Rip Watson |
Thirty swamp-lined highway miles from the nearest railroad track, the Intermodal Association of Nort
ILLINOIS CENTRAL ADOPTS AMBITIOUS 5-YEAR PLAN
Rip Watson |
Illinois Central Railroad, already possessing the industry's lowest operating ratio of expense to re
ELECTRICITY-STARVED CHINA TO BOOST ITS NUCLEAR GENERATION CAPACITY
Reuters |
Electricity-hungry China will substantially increase nuclear energy generation by the year 2010, whe
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Pacific Rim Conference and Exhibition. Sydney, Australia. March 26-29
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
CONN. INSURERS TO DISCUSS NEW LICENSING PROCESSThe Professional Insurance Agents of Connecti
QUAKE'S COSTS MAY MAKE TOKYO RETHINK LIMITS ON HOME COVERAGE
Associated Press |
The earthquake that devastated the city of Kobe has shed a harsh light on insurance, one of Japan's
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
OTTAWA ORDERS VANCOUVER DOCKERS BACK TO WORK
WILLIAM DiBENEDETTO |
Striking dockworkers at Vancouver, British Columbia, were expected to return to work early today aft
ALLEN TANK INC.
Maria Carlino |
Despite growing competition in recent years and the severe downturn in the oil and gas business in t
Maritime
TEAMSTERS OVERCOMES OVERNITE AD CAMPAIGN
Chris Isidore |
The Teamsters union won another Overnite Transportation Co. terminal vote, this one in Detroit, as a
DOLLAR'S DROP MAY CUT FIXTURES, INCREASE CHARTER EXTENSIONS
Containership Charter Report is a monthly feature of The |
The lead story this month clearly has to be the dramatic collapse of the U.S.dollar, which f
Maritime
NIGERIA'S UNPAID DEBTS MAY FORCE TEXACO UNIT TO LAY OFF WORKERS
Reuters |
Texaco Inc.'s subsidiary in Nigeria has told the government it might be forced to lay off workers un
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
INDIA INCREASES SUBSIDY FOR FOOD GRAIN FOR POORNEW DELHI, India - The government has
OIL COMPANY SEEKS TO ESTABLISH PHILIPPINE TRANSSHIPMENT BASE
Cecilia Quiambao |
A U.S.-Japanese oil firm is seeking government approval to transship products stored at its depot in
CHAMBER, MEXICAN FIRMS ALLIES IN BOOSTING ECONOMY
John M. Nagel |
The American Chamber of Commerce of Mexico, representing nearly 85 percent of U.S. direct foreign in
Maritime
SHIP CARRYING NUCLEAR WASTE FACES HEAVY SEAS AND A STORM OF PROTEST
HELEN R. MacLEOD |
The British-registered ship carrying radioactive waste from France to Japan, Pacific Pintail, will f
Maritime
IN CANADA, ONE RAIL UNION APPROACHES A SETTLEMENT AS ANOTHER NEARS A LOCKOUT
From Wire and Staff Reports |
While some progress was reported in negotiations aimed at ending the CP Rail work stoppage, new talk
FREIGHT RATE FUTURES
JOC Staff |
Mar. 16, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CULTIVATION OF SUGAR CANE PLANTATIONS LAGS IN CUBA
Knight-Ridder Financial |
Cultivation of Cuba's freshly cut sugar cane plantations fell 32 percent behind schedule from Januar
D'AMATO CONFIDENT HIS IRAN-BAN BILL WILL PASS
Stephanie Nall |
Sen. Alfonse D'Amato, R-N.Y., told a State Department official Thursday that his legislation to ban
GREEK LAWMAKERS OK PRIVATIZATION OF SHIPYARD
John Carr |
Greek government officials and shipping analysts expect a renewed burst of interest in the purchase
Maritime
US ECONOMIC DATA BOLSTERS DOLLAR DEUTSCHE MARK SURGES AGAINST LIRA
Kamran Pasha |
The U.S. dollar rose Thursday as stock and bond markets rallied on U.S. economic data and as the Ita
SHORT-LINE RAILROADS STAND UP TO THE GIANTS ON DEREGULATION
Lisa Burgess |
Short-line railroads, shippers and car hire officials launched a major broadside this week against t
IMPORT ABCS - DONALD L. FISCHER, ESQ. RELATED PARTIES' IMPORT VALUATION DRAWS CLOSE CUSTOMS SCRUTINY
Donald L. Fischer, Esq. |
Because a tariff is based on a duty rate multiplied against the valuation of an import, Customs focu
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 236.64 up 0.97
WEEKLY COAL EXPORTS WEEK OF MARCH 6 - MARCH 10, 1995
PIERS, New York |
Only table.
DESPITE VENEZUELA EASING, OUTSIDE INSURERS CAUTIOUS
HELEN R. MacLEOD |
Venezuela's recent changes to its laws governing foreign ownership of insurance companies may result
NEW CHIEF WILL KEEP CONRAIL STRATEGY ON TRACK
Rip Watson |
The appointment of David M. LeVan as chief executive of Conrail Inc. will not alter the railroad's s
CLINTON ORDERS REFORMS TO AID SMALL BUSINESSES
Lisa Burgess |
Working to keep pace with Republican regulatory reform proposals moving through Congress, President
PROFITS TO ELUDE COOL CARRIERS UNTIL AT LEAST '96, OWNER SAYS
Janet Porter |
Cool Carriers, the Swedish-based refrigerated shipping company, is not expected to return to profit
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Piscataway, N.J.) - Ulrich Kranich was named senior vice president of co
Maritime
MALAYSIAN SHIPPING LINE LOOKS TO GROW THROUGH DIVERSIFICATION
Madhav Reddy |
Malaysian International Shipping Corp. Bhd. (MISC), a partly privatized state-run company, says it m
Maritime
ORGANIC CHEMICALS LEAD THE GAINERS AS CARGO RISES 7.1 PERCENT AT NY-NJ PORT
Alan Abrams |
Fueled by mushrooming imports, particularly of organic chemicals, general cargo volume rose 7.1 perc
Maritime
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