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UNIFIED 4 PERCENT CUSTOMS TARIFF IS IMPOSED WITHIN EMIRATES
Ahmed Al-Jabri |
The United Arab Emirates Monday imposed a unified 4 percent customs tariff as a prelude to unified P
Maritime
LAGOS ERUPTS IN RIOTS OIL PRICES RISE SHARPLY
From Wire Reports |
Hundreds of hoodlums looted shops and chased police with machetes in Lagos on Monday. The ri
FLOODING MAY SPUR RISE IN CHINESE RICE IMPORTS
Reuters |
China may need to import up to 1 million metric tons of long-grain rice to offset losses caused by f
SENKLER TAKES THE REINS AT MINNESOTA MUTUAL
Knight-Ridder Financial |
Minnesota Mutual just got a new chief executive: Robert Senkler, 41, a 20- year company veteran who
ADMINISTRATOR URGES PANAMA TO KEEP CANAL NONPROFIT
Reuters |
Panama should avoid turning the Panama Canal into a profit-making venture when it takes control of t
Maritime
INTERMODAL GRIDLOCK FORCES CONRAIL REVISIONS
Rip Watson |
With its network straining under the weight of traffic surges 21 percent ahead of 1993,Consolidated
REOPENING OF AIRPORT IN RWANDA ENDS NIGHTMARE FOR UN WORKERS
Lisa Burgess |
The Clinton administration's decision to use U.S. troops to secure the airport in the capital city o
PEOPLE - TRANSPORT
Wire and Staff Reports |
AKRON BARBERTON CLUSTER RAILWAY (Akron, Ohio) - William E. Frey was named president of this new term
STRIKE ENTERS DAY 20
Lawrence H Kaufman |
The strike by 1,100 members of the United Transportation Union against the Soo Line Railroad unit of
VIETNAM PLANS LUXURY TRAIN TO ATTRACT FOREIGN TOURISTS
Associated Press |
Vietnam Railways plans to upgrade its services to attract more foreign tourists and is negotiating w
GASOLINE PRICES
JOC Staff |
Aug. 1, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CANADIAN BUSINESS HITS DRAFT OF US GATT BILL
Leo Ryan |
Canadian business circles are taking aim at what they say are "restrictive" elements in a draft of t
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
COMMERCE: STEEL BARS NOT PRICED FAIRLY IN USSuppliers from Brazil, India, Italy, Japan and S
Maritime
SOUTH AFRICAN MINE UNION KEEPS STRIKE OPTIONS OPEN
Knight-Ridder Financial |
South Africa's National Union of Mineworkers said Monday it reserved the right to call for a nationw
NAVY COMMISSIONS DOUBLE-HULLED OILER
JOC Staff |
The U.S. Navy has commissioned its first double-hulled oiler, the USNS Patuxent. The craft w
Maritime
JAPAN RESTRICTS DEFENSE GROWTH AS GOVERNMENT SETS BUDGET CEILING
Masaru Sato |
Japan's socialist-led coalition government has decided 1 to restrain growth in defense and some oper
TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA JAPAN. Sept. 1-9. The U.S. Department of Commerce is leading t
Maritime
TIRE INDUSTRY KEEPS ROLLING DESPITE STRIKES AT 4 PRODUCERS
Glenn Gamboa |
For three weeks, the tire industry has been rolling along like steel-beltedradials on a fres
ENERGY BRIEFS
Wire and Staff Reports |
SHELL UNIT TO EXPLORE FOR OIL IN TRANSYLVANIABUCHAREST, Romania - A unit of Royal Du
EUROPEAN BANKS' CREDIT QUALITY SEEN COMING UNDER PRESSURE
Knight-Ridder Financial |
The credit quality of many European banks is likely to come under stress in the next few years and s
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.187/26 104.97/27 104.57/28
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of July 29, 1994* Country Category Description
Maritime
HOPES OF A VIETNAMESE BONANZA RETURN AS PROSPECTORS FIND OIL, GAS DEPOSITS
Reuters |
Western and Asian oil prospectors in the rough seas off southeastern Vietnam are again hopeful.<
JAPAN, EUROPE BANKS EXPECTED TO LEND $193 MILLION TO CHINA
Associated Press |
A syndicate of 11 Japanese and European banks will extend a $193 million loan to China to help finan
Maritime
COAL TERMINAL REPORT
JOC Staff |
Aug. 1, 1994 This table shows the vessels scheduled to call at U.S. coal terminals and the e
FRANCE'S RUNGIS MARKET A BUDDING CORNUCOPIA OF FARM TRADE
Tara Patel |
The largest wholesaler of fresh produce on the world, the Rungis market located just south of Paris,
Maritime
CAPTAIN HOPES PEACE WILL MEAN RELIEF FOR SUPPLIERS OF UN FORCES
Lisa Burgess |
Keeping the United Nations forces armed, fed and supplied with relief and humanitarian aid for the c
WHOLESALE PRICES INCREASE IN INDIA
Knight-Ridder Financial |
India's official wholesale price index for all commodities for the week of July 10-16 rose 10.34 per
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 233.65 up 1.45 whi
INSURER COMMERCIAL UNION, ABBEY BANK FORM VENTURE
HELEN MacLEOD |
The U.K.'s Abbey National Bank announced Monday the formation of a joint venture with major insurer
INSURANCE EARNINGS
From Wire and Staff Reports |
CIGNA SEES INCREASE IN OPERATING INCOMEPHILADELPHIA - Cigna Corp. Monday reported se
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SUEZ CANAL AGENCY PLANS TOLL REDUCTIONSISMAILIA, Egypt - The Suez Canal Authority pl
Maritime
TOP LOG, LUMBER EXPORTS FROM US
Journal of Commerce from database of Port Import/Export |
These log and lumber movements were the largest recorded from port documents, during the two weeks e
Maritime
ENVIRONMENTALISTS STUDY PROPOSAL FOR NJ ISLAND TO CONTAIN "MUCK'
Alan Abrams |
Environmentalists got a first look Monday at a proposal to dump dioxin- contaminated harbor muck int
Maritime
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
SEATTLE-HONG KONG ROUTE LIKELY TO BOOST NORTHWEST
Gregory S. Johnson |
Northwest Airlines should have no problem filling belly space on its 747-200s when thecarrier starts
LYKES PRESIDENT MCCORMICK IS REPLACED BY RANKIN
Peter M. Tirschwell |
A shake-up that has brought down several senior executives at Lykes Bros. Steamship Co. over the las
GOVERNMENT REPORT SHOWS AUSTRALIA INVESTING BOOM
Bradley Perrett |
Australia is experiencing a hidden investment boom that is not showing up in gloomy gross domestic p
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