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EU OFFICIAL VOWS TO ENFORCE RULING AGAINST SHIP LINES
Bruce Barnard |
The European Union's top competition official has vowed to ensure North Atlantic shipping lines aban
ICC WORKERS STRUGGLE TO DEAL WITH CHANGE
Lisa Burgess |
Camera-toting tourists seeking the wonders of the Smithsonian Museum of Natural History don't pay mu
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
MAJOR GAINS AND DECLINES IN CARLOADINGS THREE WEEKS ENDED JAN. 14, 1995, VS. SIMILAR 1993-94 PERIOD
Source: Adapted from Weekly Railroad Traffic, Association of |
Cars Cars Loaded LoadedChange Railroad Category 199
BN ENJOYS BEST QUARTER IN ITS HISTORY
Journal of Commerce Staff |
Burlington Northern Railroad earned a record $142 million, or $1.51 a share, in the fourth quarter.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
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
AMERICAN STERLING BECOMES NAII MEMBER
Journal of Commerce Staff |
American Sterling Insurance Co. has been accepted as a member of the National Association of Indepen
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
PECHINEY UNIT IN DEAL WITH CHINESE COMPANYLONDON - Cebal, the packaging subsidiary o
KOBE STEEL LTD. TO GET HELP FROM JAPAN FIRM ON PIER REPAIR
Special to The Journal of Commerce |
Kobe Steel Ltd., hit hard by the earthquake, asked Nippon Steel Corp. to supply 4,500 metric tons of
AIG ESTIMATES IT WILL PAY OUT $50 MILLION IN INSURED LOSSES
Wire and Staff Reports |
American International Group Inc. expects to be hit with $50 million in insured losses, after reinsu
SWISS FRANC, MARK SHINE AS DOLLAR FALLS FROM FAVOR
Gordon Platt |
The deutsche mark and the Swiss franc are the currencies of choice, foreign exchange traders and ana
CANADA READY TO SUPPORT TRINIDAD'S NAFTA BID
Canute James |
Canada will support Trinidad and Tobago's bid to become a member of the North American Free Trade Ag
INDONESIA'S GARUDA, AIMING TO GO PUBLIC, WILL RESTRUCTURE
Reuters |
National air carrier PT Garuda will restructure operations and capital in a bid to boost profit by u
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
US-CHILEAN CONSORTIUM COMPLETES RAIL PURCHASE
William Armbruster |
The train ride to private operation of transportation systems around the world pulls into another st
CSXT CHIEF GIVES OPTIMISTIC FORECAST OF $1 BILLION FOR '95 OPERATING INCOME
Lawrence H Kaufman |
CSX Transportation Inc. expects to generate operating income in excess of $1 billion, Alvin R. "Pete
TRANSPORT BRIEFS
Wire and Staff Reports |
NORTHWEST RELIEF FLIGHT TO REACH JAPAN TODAYNorthwest relief flight to reach Japan today
ENRON STRIKES BIG WITH DEAL FOR QATAR NATURAL-GAS ACCESS
Houston Chronicle |
Enron has struck a $4 billion deal with Qatar, giving the Houston company access to the world's larg
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 237.23 up 0.58 w
THE KOBE QUAKE
AFP Photo |
Photo only.
MARITIME BRIEFS
Wire and Staff Reports |
NY-NJ PORT AGENCY TAPS DEPUTY DIRECTORNEW YORK - As the controversy over New York Go
Maritime
PILOT GIVES LOST BIRDS A LIFT BACK HOME
Gail Tabor |
Jokes can be made, of course. "He's flying in the catbird seat." Or "he's the birdbrain in t
BORDEAUX, POSTING CARGO INCREASE, LOOKS TO BOOST CONTAINER TRAFFIC
Tara Patel |
While the Port of Bordeaux registered an overall increase in traffic last year, it remains in search
Maritime
FAST ACTION URGED ON GLOBAL INVESTMENT RULES
Journal of Commerce Staff |
The European Commission's top trade official has called for rapid movement toward agreement on globa
Maritime
TRADE BRIEFS
Wire and Staff Reports |
INDIA'S PHONE WORKERS STRIKE AGAINST US FIRMSNEW DELHI, India - Hundreds of thousand
Maritime
CHINESE OUTPUT UNLIKELY TO MEET STEEL PRODUCT DEMAND
P.T. Bangsberg |
China's manufacturers are expected to need between 3.5 million and 4 million metric tons of strip st
Maritime
IMPOVERISHED BANGLADESH MOVES TOWARD FUTURE AT A RICKSHAW'S PACE
Gordon Platt |
Bangladesh is on the move, but is it going anywhere? The mass of rickshaws and mini-taxis on Circula
Maritime
COLOMBIAN EARTHQUAKE SPARED OIL INFRASTRUCTURE, FIRM SAYS
Knight-Ridder Financial |
Even though the epicenter of last week's earthquake here was located in the oil-rich Casanare area,
SPOT COMMODITIES
JOC Staff |
Jan. 20, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
FOR MEXICO'S POOREST, EXHORTATIONS TO SACRIFICE ARE HARD TO TAKE
COLIN McMAHON |
Forgive Irene Beatriz Navarro if her heart doesn't bleed for investors losing money in Mexico.
Maritime
WASH. STATE REFORM PLANS RAISE THE IRE OF INSURERS
News Tribune |
State Insurance Commissioner Deborah Senn last week announced a package of proposed laws, changes in
GREAT LAKES PORTS PLAN INCENTIVES TO ENCOURAGE SEAWAY NEWBUILDINGS
Paul F. Conley |
The International Association of Great Lakes Ports will create an incentive program to promote the b
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 19, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR INDIA SIGNS PACT FOR TWO BOEING 747SBOMBAY, India - India's state-run Air India signed a
SHIPPERS RESIGNED TO LONG-TERM UPHEAVAL
Gregory S. Johnson |
U.S. importers and exporters with goods bound to and from Kobe, Japan's sixth largest city, are resi
INTERTRANS ACQUIRES 2 EUROPEAN FORWARDERS
Journal of Commerce Staff |
Intertrans Corp., moving to broaden its worldwide network, said it has completed the purchase of two
TNT FREIGHTWAYS, SWIFT SOAR AS OVERNITE STUMBLES
Journal of Commerce Staff |
TNT Freightways Corp. overcame a spring strike to break the billion-dollar mark in revenue for the f
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
ARMY CORPS OF ENGINEERS APPROVES NORFOLK SOUTHERN COAL YARD IN VA.
Associated Press |
The U.S. Army Corps of Engineers has released a draft permit for Norfolk Southern Corp. to build a $
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