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HONK KONG TRADE RELIES ON GROWING RE-EXPORTS
P.T. Bangsberg |
Re-export business, chiefly originating from China, remained the locomotive of Hong Kong's outbound
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AMERICAN AIRLINES (Miami) - Philip Olivieri was named manager of cargo services at Miami Internation
UKRAINE EXPECTS RISE IN GRAIN OUTPUT THIS YEAR
Knight-Ridder Financial |
The former Soviet republic of Ukraine should produce no less than 40 million metric tons (44 million
DOT WARY, BUT INDUSTRY HAILS RULES FREEZE BILL
Lisa Burgess |
Transportation Department officials fear safety will suffer under a moratorium on new and recent fed
BILL TO BAN US TRADE WITH IRAN HITS NERVE
Michael S. Lelyveld |
Legislation calling for a total U.S. trade embargo on Iran has placed exporters and the Clinton admi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 18, '94 - Feb. 21, '95 (a graph) (2
PUBLISHER'S NOTEBOOK
Conrad H.C. Everhard |
The common carrier steamship business is in trouble. As someone who has spent his entire business ca
JAPAN YIELDS TO US PRESSURE, DROPS LOAN PLEDGE TO IRAN
Mark Magnier |
Japan was recently pressured by the United States to suspend $450 million in loans to Iran because t
Maritime
CANADA PORTS' CHAIR GAINS THE SUPPORT OF AGENCY PRESIDENT
Leo Ryan |
Jean-Michel Tessier, president of Canada Ports Corp., has come to the defense of the federal agency'
Maritime
THAI WHOLESALE PRICES UP 5.1 PERCENT
Knight-Ridder Financial |
Thai wholesale prices in January were up 5.1 percent from a year earlier, and up 1.4 percent from De
NEW APPAREL UNION TO PUSH FOR EXPANSION IN N. AMERICA
Tim Shorrock |
Two textile and apparel unions that announced their pending merger this week will direct $10 million
Maritime
HUNDREDS IN WISCONSIN PROTEST GASOLINE ADDITIVES
Reuters |
Hundreds of people Monday protested the U.S. Environmental Protection Agency's program requiring the
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 235.01 up 0.79 whi
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
STRIKE COULD FORCE KAISER TO CUT ALUMINUM OUTPUTSYDNEY, Australia - Kaiser Aluminum
ECONOMISTS SPLIT ON FATE OF HONG KONG'S CURRENCY
Francine Brevetti |
Speculation is being fueled again about an end to the fully convertible Hong Kong dollar, despite Ch
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
2009 (Feb. 21, 1995) Previous day - 2002 The Baltic International Freight Futures Market in
Maritime
INTRENET INC. POSTS INCREASE IN EARNINGS FOR FOURTH QUARTER
Journal of Commerce Staff |
Intrenet Inc., a truckload carrier holding company, continued to boost revenue and earnings in the f
MOBIL SALES TAPS BDP INTERNATIONAL FOR FORWARDING, LOGISTICS SERVICES
Gregory S. Johnson |
All the players in Mobil Sales and Supply Corp.'s export pipeline are tied together nowthat BDP Inte
SPARKS MAY FLY AS HEARING FOCUSES ON RAIL INTERDEPENDENCE SMALL LINES SEEK EQUAL TREATMENT
Rip Watson |
Rules governing an interdependent rail network and the free flow of goods, which have sparked spirit
CANADIAN DAIRY FARMERS SEEK HELP FROM CHRETIEN
Leo Ryan |
Canada's dairy farmers have urged Prime Minister Jean Chretien to defend their interests against mou
INDIANA'S AUTO INSURANCE RATES DROP BELOW NATIONAL AVERAGE
Knight-Ridder Newspapers |
Indiana's auto insurance rates fell well below the national average and were lower than rates in mos
NORWEGIAN FLEET GREW SLIGHTLY IN 4TH QUARTER, SHRANK IN YEAR
Journal of Commerce Staff |
The size of the Norwegian merchant fleet, one of the largest in the world, grew slightly during the
Maritime
QUOTE TO NOTE ON US TRADE ADVOCACY:
_ Richard Needham |
"The United States has an increasingly aggressive export strategy and they ruthlessly use their poli
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 21, 1995 Quotations are based on prices reported in the market or obtained
BP REPORTS OIL FIND OFF VIETNAM IN AREA CLOSE TO DISPUTED WATERS
Reuters |
British Petroleum PLC announced Tuesday its first oil discovery off Vietnam in an area close to wate
AUSTRALIAN BEEF EXPORTS TO JAPAN RISE
Knight-Ridder Financial |
Australian beef exports to Japan rose 15 percent in January compared with the year before, but the i
CLINTON BLASTED FOR INACTIVITY ON OIL IMPORT THREAT TO US "DO-NOTHING' APPROACH CITED
Arthur Gottschalk |
Although the U.S. Commerce Department has decided that rising oil imports are a threat to national s
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 21, 1995Brent Crude Oil - (Dollars Per Barrel)
CARDOSO TO PRESSURE BRAZIL'S CONGRESS WITH NEW ROUND OF ECONOMIC REFORM
James Bruce |
Five proposed constitutional amendments that would break apart Brazil's federal monopolies and open
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 21, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
BROKERS FEAR TIE-UPS IF BORDER SYSTEM CHANGES
Bill Mongelluzzo |
Customs brokers and importers along the southern border fear that a high- level Customs review of a
GASOLINE PRICES
JOC Staff |
Feb. 21, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SPOT COMMODITIES
JOC Staff |
Feb. 21, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
HYUNDAI ELECTRONICS FINALIZES AT&T UNIT DEAL
Brian Johns |
With an eye toward producing more sophisticated and more profitable computer chips, Hyundai Electron
Maritime
KOBE SHOEMAKERS CONSIDER INDIA AS RELOCATION SITE
N. Vasuki Rao |
Small and medium-sized shoemakers in Kobe, the Japanese industrial center and port devastated by las
Maritime
WASH. MISSION TO DELIVER 767 TO POLAND
Journal of Commerce Staff |
The delivery in May of a Boeing 767 jetliner to the Polish national airline, LOT, also will serve as
Maritime
FERTILIZER PRICING PROBE SOUGHT
Associated Press |
Fertilizer producers and wholesalers defended dramatic jumps in fertilizer prices, citing high globa
MEXICAN ACCORD REQUIRES CONTROLS ON MONEY SUPPLY TOUGH TERMS MAY THREATEN ZEDILLO POPULARITY
Kevin Hall |
Mexico agreed to U.S. conditions for a financial bailout package that will pump up to $20 billion in
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