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PHILLIPS PETROLEUM PLANS TO INCREASE SPENDING, OUTPUT
Reuters |
Phillips Petroleum Co. expects to boost its capital spending by as much as 20 percent to $1.4 billio
US INVESTORS POURING MONEY INTO ARGENTINA
Journal of Commerce Staff |
U.S. investment in Argentina is on a roll, rising tenfold since 1992 to match the growing business c
Maritime
MATSUSHITA SEES 10 PERCENT GAIN IN NORTH AMERICAN SALES
William Armbruster |
The surging U.S. economy is helping Matsushita Electric Corp. of America to achieve an even better y
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 229.90 up 1.39 w
PAPER RECYCLING REACHES A RECORD, IN US, INDUSTRY ASSOCIATION SAYS
Howard Simon |
Despite higher recovery costs, the use of recyling to make new paper is at an all-time high, the cou
FLORIDA ECONOMISTS CAN LOCATE THE "NEEDLE' IN STACKS OF TRADE DATA
Milan Ruzicka |
Three years ago, Florida economists John S. Zdanowicz and Simon Pak set out to look for safety pins
Maritime
PHONE LINES TO CUBA ABUZZ WITH CALLS VIA US AND CANADIAN CARRIERS
Susana Barciela |
After years of being blocked from offering direct-dial phone service to Cuba, and several weeks of g
Maritime
DISGRUNTLED AGENTS JOIN FORCES, FORM OWN INSURANCE COMPANY
Margo D. Beller |
Twenty-six independent agents, frustrated by continuing cuts in commissions, want to cash in on shri
MIAMI-LATIN TRADE SPURS BANK BOOM
Simon Barker-Benfield |
The banking business between South Florida and Latin America is doing very well despitehighly public
PARITY WITH MEXICO MAY NOT BE ENOUGH
Canute James |
The United States' trading partners in the Caribbean Basin seeking freer access to the U.S. market a
IN PORT PRIVATIZATION, ARGENTINA LED THE WAY
Montieth Illingworth |
In its present incarnation, the port-privatization fever sweeping Latin America all startedwith Arge
SANTA FE PREPARES AN ALTERNATIVE TO UP TAKEOVER
Lawrence H Kaufman |
In an effort to keep Santa Fe Railway out of Union Pacific's hands, Santa Fe's board ofdirectors is
CHINA, WESTERN OFFICIALS TRY TO END DEADLOCK OVER WTO
John Zarocostas |
Critical negotiations between senior Chinese and Western officials here this week could prove decisi
Maritime
ARGENTINA PLANS TO REVISE ARCHAIC BANKRUPTCY LAW
Paula L. Green |
Argentina is streamlining an archaic and time-consuming bankruptcy law to mirror the Chapter 11-styl
Maritime
SYNTRA, OCR FORM EXPORT INFORMATION ALLIANCE
William Armbruster |
Two software-information companies have formed a strategic marketing alliance that they say will giv
Transport, Trade and Regulation News
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 9, 1994 Quotations are based on prices reported in the market or obtained from su
MESA NABS CONTRACTS FOR GAS PROGRAM
Knight-Ridder Financial |
Mesa Inc. announced that is has signed Supershuttle Franchise Corp. and the City of Phoenix Aviation
REGION SEEKS NEW SOURCES OF FOREIGN TRADE
Canute James |
These are uncertain times for the pillars of the Caribbean region's foreign trade. Many are
CHILE SEEN AS READY TO JOIN NAFTA ONCE US SORTS OUT OWN DISPUTES
Richard Lawrence |
Chile's quick entry into the North American Free Trade Agreement is widely regarded as virtually cer
Maritime
SPOT COMMODITIES
JOC Staff |
Dec. 9, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BALTIC FREIGHT INDEX
JOC Staff |
2027 (Dec. 9, 1994) Previous day - 2011 The Baltic International Freight Futures Market in L
Maritime
AGENCY PAYS TO REPAIR 2 TANKERS
Tim Shorrock |
The Navy's Military Sealift Command said it paid $2.23 million for repairs on two tankers that were
Maritime
HONG KONG COUNCIL SETS TOKYO CENTER
Journal of Commerce Staff |
The Trade Development Council said it will launch a business center in Tokyo to help local companies
Maritime
COST OF CREDIT
JOC Staff |
Friday, Dec. 9, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TECHNOLOGY BRIEFS
From Wire and Staff Reports |
FAA PERMITS USE OF NAVIGATION SYSTEMWASHINGTON - The Federal Aviation Administration
Transport, Trade and Regulation News
TEAMSTERS REACH PACT WITH AIRBORNE FREIGHT
Gregory S. Johnson |
The Teamsters union has reached an agreement with Airborne Freight Corp., the parent ofAirborne Expr
GOP CONGRESS MAY BLOCK SOME CLINTON TRADE GOALS
John Maggs |
Like many Americans, President Clinton found a welcome respite here from his workaday cares, but the
Maritime
EX-ICC MEMBER BACKS CONSOLIDATION OF TRANSPORT REGULATORY AGENCIES
Stephanie L. Nall |
A one-stop approach to transportation regulation, combining the Federal Maritime Commission, the Int
TRANSPORT BRIEFS
From Wire and Staff Reports |
ND SENATOR FEARS CUTS IN AMTRAK SUBSIDYMINOT, N.D. - Amtrak service to sparsely popu
DAILY PETROLEUM PRICES
JOC Staff |
Friday Dec. 9, 1994 Prevailing sellers' posted prices at the close of business, representing
SOUTH KOREAN FIRMS GET CLEARANCE TO VISIT NORTH
Moon Ihlwan |
South Korea has approved plans by local conglomerates to visit North Korea, allowing them to seek ve
Maritime
RUSSIA FORMALLY SEEKS WTO MEMBERSHIP
Reuters |
Russia formally applied Friday to join the new World Trade Organization. Oleg Davydov, Russi
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIA TO REDUCE OIL-EXPORT TAXESGENEVA - Russia will cut export taxes on oil in 199
US FIRMS HIGHLY CRITICAL OF JAPAN FINANCE MARKETS
Mark Magnier |
Although U.S. companies have a long list of complaints about tedious regulations and restrictive pra
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FIRST LINE'S COFR LIMIT RAISED TO $300 MILLION
Alan Abrams |
Nearly all tanker owners now have at least two options for complying with U.S. financial responsibil
Maritime
LATIN AMERICA STILL NEEDS HELP WITH TRANSPORT FUNDING
Montieth Illingworth |
Latin America's current levels of low-inflation economic growth and its commitment to free-market pr
CUBAN BEACHES, CIGARS AND COFFEE LURE TRADE DESPITE US EMBARGO
Charles W. Thurston |
Subway billboards here tout paradisiacal tourism on Cuba's beautiful beaches. Expensive Cuban cigars
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
WASTEPAPER RATE WAR ERUPTS AMONG CARRIERS
Peter M. Tirschwell |
A rate skirmish has broken out among trans-Pacific ocean carriers vying to increase their share of t
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