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LA PORT, IN WAKE OF BEST YEAR, PLANS TO SLASH STAFF BY 35%
Bill Mongelluzzo |
The Port of Los Angeles will reduce its staff by 35% and radically restructure its operations even t
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 30, '93 - Dec. 9, '94 (a graph) (2)
COST OF CREDIT
JOC Staff |
Thursday, Jan. 12, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PEOPLE - MARITIME
From Wire and Staff Reports |
FOREST LINES INC. (New Orleans) - Joseph E. Zehner Jr. was named traffic manager and Mikael F. Hanse
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
MARITIME BRIEFS
From Wire and Staff Reports |
DELAWARE PORT REOPENS COLD STORAGE WAREHOUSEWILMINGTON, Del. - The port here opened
Maritime
MEXICO TAPS SPECIAL FUND TO BAIL OUT SOME BANKS
Kevin G. Hall |
Mexican financial authorities confirmed that the government has tapped into a special insurance fund
ROMANIAN STOWAWAYS' MOVE STIRS ADVOCATES' HOPES
Michael S. Lelyveld |
The Immigration and Naturalization Service moved 22 Romanian stowaways from a Pennsylvania prison to
Maritime
FAA EASES RESTRICTIONS ON ATRS FLYING UNDER ICY CONDITIONS
Reuters |
The Federal Aviation Administration has eased its ban on ATR aircraft flying in icy conditions, sayi
TRUCKING DEREGULATION OPPONENTS APPEAL RULING BY OKLAHOMA JUDGE
Rip Watson |
Opponents of intrastate trucking deregulation have asked the U.S. Court of Appeals to overturn an Ok
STUDY: MORE THAN 50 PERCENT COPY SOFTWARE ILLEGALLY
Associated Press |
More than 50 percent of companies have broken laws banning the copying of personal computer software
RAILROADS IN THE NORTHEAST ACT TO IMPROVE COMMUNICATION
Gregory S. Johnson |
In an effort to improve efficiency and cooperation between freight and passenger rail lines in the N
US DOLLAR PLUMMETS AS FUNDS MOVE TO SAFE-HAVEN CURRENCIES ANALYST BLAMES "MEXICAN VIRUS'
Milan Ruzicka |
The U.S. dollar was hit from all sides Wednesday, as financial upheavals in European, North American
SINGAPORE URGES JAPAN TO LEAD IN APEC TRADE LIBERALIZATION
Associated Press |
Singapore Prime Minister Goh Chok Tong on Thursday urged Japan to push forward the process of trade
Maritime
INSIDE TALK - IRA ROSENFELD "KNIGHT IN SHINING ARMOR' FOR CARIBBEAN'S BWIA HAS TARNISHED PAST
Ira Rosenfeld |
When a group of U.S. investors bought into Trinidad and Tobago's state-owned airline BWIA last week,
CLINTON EXPECTED TO ANNOUNCE EAST EUROPE TRADE INITIATIVES OPIC SAID TO BACK 2 INVESTMENT FUNDS
Richard Lawrence |
President Clinton is expected to announce today new initiatives further promoting U.S. trade and inv
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
GUILFORD, UNION REACH CONTRACT AGREEMENTNORTH BILLERICA, Mass. - The Springfield Ter
EMERGING MARTS LIKELY TO GET LESS CAPITAL, GROUP SAYS
Journal of Commerce Staff |
The world's major emerging markets are likely to attract less foreign private capital this year than
Maritime
SOFTWARE SLEUTHS BLAZE LEGAL TRAIL IN HONG KONG
P.T. Bangsberg |
In what is believed to be the first case of its type, a group of largely American producers of compu
Maritime
STUDY: PEACE IN THE MIDDLE EAST COULD BRING PROSPERITY TO AVIATION
Lisa Burgess |
Peace in the Middle East could open the door to opportunities for millions in aviation and related b
SPOT COMMODITIES
JOC Staff |
Jan. 12, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
NO RESOLUTION SEEN TO MEXICO ORIGIN DISPUTE
Kevin G. Hall |
After meeting this week with high-level Mexican commerce officials, U.S. retailers operating in Mexi
Maritime
QUOTE TO NOTE ON EUROPEAN CULTURAL QUOTAS:
Jacques Toubon |
"We're not calling for the creation of a bureaucratic European cinema system; we're asking for those
Maritime
AEROSPACE TEAM TO DEPART ON SOUTHEAST ASIAN QUEST
William Armbruster |
With visions of dollar signs dancing in their heads, a team of 18 U.S. aerospace executives will dep
RUMORS FLY AS ROADWAY SLATES ANALYSTS' MEETING
Rip Watson |
A rare analysts' meeting called for next Tuesday by Roadway Services Inc. has touched off a wave of
TRANSPORT BRIEFS
From Wire and Staff Reports |
JET LANDS SAFELY AFTER HYDRAULIC FAILUREMOSCOW - A Russian Tu-154 jetliner made a sa
HOUSE LEADER HITS PROPOSAL TO SPIN OFF TRAFFIC CONTROL
William L. Roberts |
Rep. Frank R. Wolf, R-Va., chairman of the House panel that sets funding levels for U.S. transportat
JAPAN TO FILE PROTEST IF US IMPOSES SANCTIONS
Knight-Ridder Financial |
Japan is ready to file a complaint to a world trade watchdog if the United States imposes trade sanc
Maritime
COTTON TOPS CHINA'S SUBSTANDARD-EXPORT LIST
Journal of Commerce Staff |
The State Administration for the Inspection of Import and Export Commodities said it scrutinized mor
CHINA'S COTTON IMPORTS SEEN RISING AS DEMAND OUTPACES SUPPLY
Reuters |
China will have to buy significant amounts of cotton in the middle of the year as it continues to fa
USDA PROPOSAL SEEKS TO REDEFINE "FRESH' POULTRY
Reuters |
The Agriculture Department proposed a new definition Thursday for what can be called "fresh" poultry
GASOLINE PRICES
JOC Staff |
Jan. 12, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
S. KOREA TO COMBINE MARKETS FOR NEW EXCHANGE IN 1996
Knight-Ridder Financial |
South Korea will open an exchange dealing in currency, interest rate and commodities futures early i
SURGING DEMAND FOR POWER SPARKS SUPPLY FEARS IN JAPAN
Reuters |
Japan's surging power needs risk overloading the electricity industry in this resource-poor nation i
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 12, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
MONTEDISON DEAL ILLEGAL, TRADE COMMISSION RULESNEW YORK - The U.S. Federal Trade Com
TRADE BRIEFS
Wire and Staff Reports |
COMMITTEE CLEARS WAY FOR SULFATE INQUIRYThe International Trade Commission cleared the way f
Maritime
WORLD LABOR GROUP URGES MORE SAFETY FOR COAL MINING
John Zarocostas |
The international labor organization is urging coal-producing nations to step up talks on establishi
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
2 CHINESE AUTOMAKERS PLAN JOINT CONSTRUCTION
Journal of Commerce Staff |
Jiangling Automobile Co. in Jiangxi province and Shanghai Automotive Industry Corp. said they will j
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