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INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Expanding Nafta: Criteria for Extension. Jan. 18. New York. Contact:
Maritime
LLOYD'S COUNCIL APPROVES RUNOFF COMPANY RULES
HELEN MacLEOD |
The Council of Lloyd's of London has set out the conditions for the approval of runoff companies in
TRADE BRIEFS
Wire and Staff Reports |
CHINA DEVELOPMENT ZONE TO GET ELECTRONICS TOWNFUZHOU, China - The Fujian province el
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended Jan. 7, 1995, vs. Similar 1993-94 Period Cars CarsLoaded Loaded<
TRANSPORT BRIEFS
Wire and Staff Reports |
EPA POSTPONES CALIF. AIR QUALITY PLANWASHINGTON - The Environmental Protection Agenc
PRESTON BOSS BETS FARM ON LOGISTICS STRATEGY
Rip Watson |
Leo Suggs is a trucker on the hot seat. The 55-year-old president of Preston Trucking is bet
ON THE MOVE
JOC Staff |
Because railroads cooperate with each other at the same time they are in competition, senior executi
IRAN DENIES CHARGES OF FUNNELING CONTRABAND OIL SALES FROM IRAQ
Reuters |
Iran's mission at the United Nations denied U.S. claims that Iraq was selling contraband oil through
FAMILIES SETTLE SUIT AGAINST CHEMICAL FIRMS
Associated Press |
The families of 13 Bryan, Texas, children born with devastating birth defects reportedly have settle
GERM OF AN IDEA MAY HELP IN PRODUCTION OF ETHANOL
Associated Press |
Researchers say they have found a way to turn sawdust and other wastes into a potentially endless so
COST OF CREDIT
JOC Staff |
Friday, Jan. 13, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TWO NEW FUNDS TO "LEVERAGE' INVESTMENTS IN EASTERN EUROPE
Journal of Commerce Staff |
Two new equity investment funds could help "leverage" more than $4 billion in U.S. and other foreign
Maritime
RUSSIA HOPES IRAQ CAN MOLLIFY UN
April Meeting |
Russia hopes Iraq will have completed its remaining disarmament obligations in time for the U.N. Sec
OVERTIME SURGES IN WAKE OF LAYOFFS AT MAINE YARD
Associated Press |
The Portsmouth Naval Shipyard has paid nearly $4 million in overtime since laying off 1,000 workers
Maritime
TRADE BRIEFS
Wire and Staff Reports |
ASIA BANK OKS LOAN, GRANT FOR CHINA PROJECTMANILA, Philippines - The Asian Developme
Maritime
KEMPER SELLS BIG PROPERTY PORTFOLIO TO RREEF FUNDS FOR $45 MILLION
Contra Costa Times |
A joint partnership consisting of Kemper Corp. and Lumbermens Mutual Casualty Co., a division of Kem
MARITIME BRIEFS
Wire and Staff Reports |
COAST GUARD, ABS SEEK TO CUT DUPLICATIONSWASHINGTON - The U.S. Coast Guard signed an
Maritime
OIL MARKET SHIFT PUSHES BUNKER FUEL PRICES HIGHER
Bruce Barnard |
A change in ebb and flow of the oil market is forcing ship operators to face high prices for fuel su
BANGALORE LIGHT RAIL TO EASE CLOGGED TRAFFIC
Special to The Journal of Commerce |
A new elevated light-rail system planned for Bangalore, India, is expected to relieve traffic conges
Transport, Trade and Regulation News
NS MOVES COAL TO ALA. UTILITY THROUGH INTERMODAL OPERATION
Lawrence H Kaufman |
Norfolk Southern Corp. is starting an intermodal movement to deliver coal in specially designed cont
Transport, Trade and Regulation News
CRISIS KEEPS CONSUMER PRODUCTS IN THE US
Gregory S. Johnson |
The continuing fall of the peso has placed many U.S. products out of the reach of Mexican shoppers a
CHICAGO EXCHANGE LOSES ANOTHER KEY EXECUTIVE
Chicago Tribune |
The Chicago Board of Trade, which has lost some of its most important staff members to resignations
PORK COUNCIL SETS AD KICKOFF FOR SUPER BOWL
Knight-Ridder Financial |
The National Pork Producers Council announced it will launch a new advertising campaign with five 30
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 14, '94 - Dec. 23, '94 (a graph) (2
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
Jan. 13, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
FERRY RUNS AGROUND OFF NORTHERN SWEDENThe 59,914-gross-ton roll-on, roll-off ferry Silja Eur
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
Maritime
EUROPE ONLINE, AT&T'S INTERCHANGE JOIN FORCES IN CYBERSPACE CHALLENGE
Reuters |
European computer service Europe Online S.A. and the Interchange Online Network, recently acquired b
Maritime
BN, UP CHIEFS SEE SANTA FE MERGER AS 'DO OR DIE' BATTLE MERGER PURSUED TO STRENGTHEN BN
Lawrence H Kaufman |
Gerald Grinstein is a 62-year-old chief executive who thought the merger with the Santa Fe would be
CALIF. TURNS TO WASHINGTON TO MEET FLOOD INSURANCE GAP NATIONAL DISASTER ACT SUGGESTED
Brian Johns |
With storm damages estimated at nearly $70 million and rising, California officials are hoping the f
INSURANCE BRIEFS
Wire and Staff Reports |
S&P PUTS RE CAPITAL UNDER POSITIVE REVIEWStandard & Poor's Corp. put Re Capital Corp.'s "A"
SC CAR INSURER SEEKS LOWER RATE
Journal of Commerce Staff |
South Carolina's third-largest auto insurer filed a request to decrease its private passenger automo
ARAB GROUP WEIGHS STAKE IN SUZUKI'S SPANISH UNIT
Reuters |
An Arab investment group is considering taking a majority stake in Suzuki Motor Corp.'s money-losing
Maritime
WOMEN'S PROPELLER CLUB CELEBRATES 60TH BIRTHDAY
Alice Cantwell |
Members of the Women's Propeller Club of the United States, Port of New York, celebrated its 60th bi
Maritime
MEXICAN AUTO SALES ARE STUCK IN LOW GEAR
Kevin G. Hall |
It's lunch hour in Mexico City - a prime time to eyeball sticker prices on new cars. But the
ATLANTIC CARRIERS READY TO CAP BEER FREIGHT DEALS VAN MUNCHING PACT NEARLY SEALED, EXECUTIVE SAYS
Michael Fabey |
Beer importers and other large shippers are likely to end their tug of war with the North Atlantic c
DEMAND FOR NONFERROUS METALS EXPECTED TO DIP 3 PERCENT-5 PERCENT IN RUSSIA
Knight-Ridder Financial |
Demand for nonferrous metals inside Russia this year will be just 3 percent to 5 percent down on 199
CENTER HOPES TO MAKE SHIPBUILDING CHEAPER, SAFER
Lisa Huber |
For years, ship repairers used poisonous paint to keep hulls and intake valves free of pesky barnacl
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
VIETNAM RICE EXPORTS INCREASED 50 PERCENT IN 1994HANOI, Vietnam - Despite devasting
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