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MOODY'S SEES IMPROVED STANDING FOR THREE AUSTRALIAN BANKS
Knight-Ridder Financial |
The credit profile of Australia's three largest banks not guaranteed by the government should contin
Maritime
POLAND GIVES TAX BREAK TO FOREIGN COMPANIES
Journal of Commerce Staff |
The Polish ministry of finance, in an effort to align its laws with those of Western Europe, has ame
Maritime
NY PORT COMMUNITY DIVIDED ON ADDING DOCKWORKER JOBS PANEL TO BEGIN HEARINGS TODAY
Alan Abrams |
New York's port community remains split on whether to add dockworkers as two days of hearings on the
Maritime
MEXICANA NOSE-DIVES WITH THE PESO MASSIVE CUTS, BANKRUPTCY LOOM
Reuters |
Mexicana de Aviacion, once the pride of Mexico's airline industry, has been mauled by the country's
RUSSIA MAY CUT EXPORT TAX ON OIL THIS YEAR, OFFICIAL SAYS
Keith M. Rockwell |
Russia may reduce its oil-export tax later this year, said Russian First Deputy Prime Minister Anato
CHINA INSURER PLEDGES MORE EXPORT CREDIT IN '95
P.T. Bangsberg |
More medium- and long-term export credit insurance is promised this year by state-owned People's Ins
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CANADIAN PAPER FIRM TO BUILD POWER PLANTNEW YORK - Canada's Fraser Paper said it wil
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CANAL TRANSITS EXPECTED TO IMPROVE BY WEEK'S END
Tim Shorrock |
Shipping transits through the Panama Canal will return to near-normal levels by the end of this week
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 27, '94 - Dec. 30, '94 (a graph) (2
COST OF CREDIT
JOC Staff |
Friday, Jan. 27, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GENERAL MOTORS TO DOUBLE PURCHASES OF INDIA-MADE PARTS
N. Vasuki Rao |
General Motors Corp. intends to double its purchases of Indian automotive components this year, with
Maritime
CARGO GROWTH LEAPS AT FOUR US AIRPORTS
Debra Werner |
Four U.S. airports more than doubled their total air cargo volume during 1994. While executives at e
CHINA'S NEW EX-IM BANK INTENDS TO QUADRUPLE CREDIT LINE IN 1995
P.T. Bangsberg |
China's Export-Import Bank, set up last April to boost trade, intends to quadruple its credit line t
Maritime
FLEDGLING LINES GROPE FOR FOOTHOLD
Geoff Winestock |
Sayakhat, a small cargo airline in Kazakhstan in Central Asia, has five big Soviet-made air freighte
THE KOBE QUAKE
AFP Photo |
Photo only
TEMBLOR NOT LIKELY TO SPOIL FOOD TRADE WITH JAPAN, US REPORTS
Mark Magnier |
U.S. food trade with Japan will be largely unaffected by the massive earthquake that struck Kobe on
COMPANIES OFFERING ASSISTANCE FACE OBSTACLES OF COST, BUREAUCRACY
Mark Magnier |
The vivid images of death and destruction seen around the world after the deadly earthquake in Kobe
LISTEN TO THE CUSTOMERS
William Armbruster |
The cargo division at KLM Royal Dutch Airlines is about to undergo the biggest change in the carrier
ICC PUBLISHES RULES TO EXPEDITE DECISIONS
Lawrence H Kaufman |
The Interstate Commerce Commission, on the same day that a congressional committee heldhearings on i
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Jan. 27, 1995 Prevailing sellers' posted prices at the close of business, representin
AIR CARGO FACTS
Graphs: Colography Group; MergeGlobal; Journal of Commerce |
GRAPHS: (1) US Expedited Cargo Shipments by Market Segment, (pie chart). Total for 1994 - 3.
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR FRANCE CANCELS BOEING ORDERSPARIS - Air France has canceled orders for four 747-
BP SUBSIDIARY BUYS 81 PERCENT STAKE IN OIL FIELD OFF ALASKA
Reuters |
British Petroleum's Alaskan unit said it acquired the majority interest in an offshore North Slope o
BRAZIL TO ASSIST PRIVATE SECTOR IN COFFEE-RETENTION PROGRAM
Knight-Ridder Financial |
Brazil's private sector will engage in a voluntary program to retain export coffee, with financing a
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
END OF COLD WAR FREEZES OUT LAST FOUR MIGHTY BATTLESHIPS
Neil Strassman |
Torpedoes, mines and missiles couldn't sink America's battleships, but they couldn't survive the end
Maritime
EVERGREEN TO LAUNCH CARIBBEAN SERVICE
Tim Shorrock |
Evergreen Marine Corp., the Taiwanese shipping giant, is launching a liner service to the Caribbean
Maritime
EXECUTIVES SAY EVERGREEN, LYKES NEAR SHIP-SHARE DEAL
Journal of Commerce Staff |
North Atlantic's two major independent shipping lines appear close to an agreement to share ships, a
ATLANTIC CARRIERS CALL EU RATE PLAN UNWORKABLE
Janet Porter |
Shipping lines on the North Atlantic, trying to save the status quo for quoting intermodal rates in
A FED INCREASE COULD PULL DOLLAR OUT OF PESO-CRISIS DOLDRUMS, TRADERS SAY
Gordon Platt |
The U.S. dollar remains pinned down by the Mexican financial crisis, but it could get some help on W
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
TRANSPORT BRIEFS
Wire and Staff Reports |
SHAREHOLDERS MEETING CANCELED AT TWAST. LOUIS - Trans World Airlines Inc. has cancel
INFO-SURFING HITS HIGH GEAR ON THE INTERNET
Mark Lyon |
The Internet is a wellspring of useful information for people involved with international air freigh
MARITIME BRIEFS
Wire and Staff Reports |
SANDY HOOK'S SPOILS OK'D FOR MUD DUMPNEW YORK - The U.S. Army Corps of Engineers sai
Maritime
FLEXIBILITY IS NAME OF THE GAME
-W. Roger Curry, President, Chief Executive |
"Flexibility" was a key word for the trucking industry in 1994 and will continue to be key in 1995.
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
METAL FUTURES TRADING BOOMS IN CHINASHENZHEN, China - Officials at the local nonferr
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 27, 1995 Quotations are based on prices reported in the market or obtained from s
US-CANADIAN PANEL CONCLUDES FARM SUBSIDY MEETING
Knight-RidderFinancial |
The future of the U.S. Export Enhancement Program and Canadian and U.S. domestic farm subsidy progra
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 27, 1995Brent Crude Oil - (Dollars Per Barrel)
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