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RECESSION, INFLATION LOOM IN MEXICO DESPITE US LOAN
Kevin G. Hall |
Despite a much-needed shot in the arm with this week's signing of a $20 billion U.S. loan package, t
NLRB CHARGES OVERNITE WITH UNFAIR LABOR PRACTICES
Chris Isidore |
The National Labor Relations Board issued a complaint against Overnite Transportation, charging it e
VIETNAM PLANS TO INCREASE CRUDE OIL PRODUCTION BY 10 PERCENT
Reuters |
The state oil company plans to produce 7.7 million metric tons (53.8 million barrels) of crude oil t
SEA-LAND, MAERSK LINE IMPOSE KOBE SURCHARGE
Mark Magnier |
Sea-Land Service Inc. and Maersk Line this week enacted an earthquake surcharge of $250 a container
P&I CLUBS INTENSIFY EFFORTS TO CULL UNSAFE SHIPS
Liz Shuker |
Protection and indemnity clubs that insure shipowners against liability risks stepped up their effor
COST OF CREDIT
JOC Staff |
Wednesday, Feb. 22, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 18, '94 - Feb. 22, '95 (a graph) (2
BRAZIL REPORTS ANOTHER TRADE DEFICIT
Special to The Journal of Commerce |
Brazil's efforts to rein in imports following the Mexican peso crisis are taking effect, but January
Maritime
SILT STYMIES SHIPS ON SULLIED YANGTZE
Peter Hannam |
A combination of mud and obsolete rules is hampering traffic on one of China's main industrial water
INSURANCE BRIEFS
Wire and Staff Reports |
RESIDUAL COMP MARKET MARKEDLY IMPROVEDSCHAUMBURG, Ill. - The residual market for workers com
RUSSIA PLANS TO BOOST TIMBER EXPORTS
27 percent This Year |
Russia plans to increase its timber exports by 27 percent this year and to raise the proportion of d
SPOT PRODUCT PRICES
JOC Staff |
Feb. 22, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
AMERICAN PREMIER AGREES TO SETTLE 9 LAWSUITS
Associated Press |
American Premier Underwriters Inc. said Wednesday it has agreed to settle nine shareholder lawsuits
TRUCKING PIONEER HUNT TO GET TRANSPORT AWARD
Gregory S. Johnson |
J.B. Hunt, founder and chairman of J.B. Hunt Transport Services Inc. and one of the pioneers of inte
SOME ANALYSTS DOUBT SIGNIFICANCE OF MAJOR COLOMBIAN OIL DISCOVERY DRILLING NEEDED TO BACK ESTIMATE
Gary Rosenberger |
A single recent oil find in Colombia could triple that nation's known oil reserves, according to the
GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
No text.
BORDER TRADE GROUP PLANS CENTER IN DC TO DEVELOP POLICY PAPERS
Kevin G. Hall |
Hoping to join the ranks of the Washington think tanks, the Border Trade Alliance plans to create an
Maritime
INDUSTRY "DOES ENOUGH' FOR SAFETY, OWNERS SAY
Journal of Commerce Staff |
The tanker industry thinks it is operating as safely as possible, and that marine pollution is large
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
UNIONS TO SUE TO STOP APL'S FOREIGN FLAGGINGTwo unions representing officers and engineers w
Maritime
ORION SHIP IS DETAINED IN MONTREAL OVER DISPUTE
Paul F. Conley |
A containership chartered by Orion Maritime Ltd. was arrested at the Port of Montreal. The O
Maritime
PORTS IN TEXAS AND LOUISIANA REPORT 6 PERCENT DECLINE IN CARGO
Journal of Commerce Staff |
The nine Texas ports and the Port of Lake Charles, La., registered an overall decrease of 6 percent
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Feb. 22, 1995 Prevailing sellers' posted prices at the close of business, represen
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
STEEL PRODUCT IMPORTS SOAR TO RECORD IN USWASHINGTON - The United States imported a
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 235.43 up 0.42 wh
TRADE BRIEFS
Wire and Staff Reports |
GERMAN FIRM TO PAY ANTI-BOYCOTT PENALTIESNEW YORK - The German subsidiary of Advance
Maritime
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
PEOPLE - TRANSPORT
Wire and Staff Reports |
JEVIC TRANSPORTATION INC. (Delanco, N.J.) - Robert H. Gude was named account manager for Chicago and
2 US FIRMS WIN PAKISTAN OIL EXPLORATION AGREEMENTS
N. Vasuki Rao |
Two U.S. companies may be early winners as the Pakistan government evaluates 30 applications for pet
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CENTURION FINDS COPPER ON SOUTH UTAH LANDNEW YORK - Centurion Mines Corp. said Wedne
RUSSIA RETAINS EXPORT RULES
Knight-Ridder Financial |
Regulations covering joint-venture oil and gas exports from Russia will remain unchanged in the firs
US OIL FIRMS PRESS CHINA FOR ACCESS TO ONSHORE OUTPUT
Peter Hannam |
Since U.S. Energy Secretary Hazel O'Leary began her 11-day visit to Hong Kong and China, most media
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
WEDDING BELLS FINALLY RING FOR ROMANIAN STOWAWAYS
Michael S. Lelyveld |
A Romanian stowaway couple were married at a federal detention center in Elizabeth, N.J.,on Tuesday,
Maritime
IMF PRAISES UGANDA ECONOMIC GAINS
Knight-Ridder Financial |
A visiting team from the Washington-based International Monetary Fund has praised Uganda for its rec
Maritime
PROJECTS TO REBUILD SCIENCE TOWN WILL BE OPENED TO FOREIGN BIDS
Reuters |
China unveiled an ambitious blueprint Friday to rebuild Beijing's Zhongguancun district, known as Ch
Maritime
FOREIGN INVESTORS ARE BOLDLY GOING TO SHAKY CAMBODIA
Cecilia Quiambao |
U.S. law firm Dirksen Flipse Doran & Le is getting ready to open the first international law office
Maritime
THAI LEADER PLEDGES MORE INVESTMENT REFORMS
Ron Corben |
Further government reforms are in the works to encourage foreign investment, Prime Minister Chuan Le
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
CHOICE COURIER SYSTEMS INC. (New York) - Marvin Stone was named head of the company's new Choice Log
TAIWAN, HONG KONG EXPECTED TO REVISE AIR RIGHTS AGREEMENT
Dennis Engbarth |
China Airlines, Taiwan's long-established flag carrier, and Cathay Pacific Airways of Hong Kong are
CALIF. RULING COULD RAISE INSURANCE COST FOR FORWARDERS
Peter M. Tirschwell |
A federal judge in San Francisco has ruled that air cargo handlers are liable for the full value of
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