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Platts Containers Update
LONG BEACH CLOSES IN ON LA'S CARGO LEAD
Bill Mongelluzzo |
Container volume at the Port of Long Beach soared 25.7 percent in the fiscal year ending June 30, br
Maritime
SHIPPERS HOPE FMC PROBE WILL SPUR CHANGES BY TAA
Tim Sansbury |
Some shippers are moderately optimistic that the Federal MaritimeCommission's antitrust inve
Maritime
US RELIEF EFFORTS IN RWANDAN HORROR MAY SHIFT TO KIGALI
Lisa Burgess |
The U.S. military, stalled in its efforts to deliver maximum relief to more than a million starving
NEW HAMPSHIRE PORT CHIEF TO TAKE HELM AT GALVESTON
Journal of Commerce Staff |
Ernest Connor, director of the New Hampshire State Port Authority, was named general manager and por
Maritime
RUSSIAN INVESTMENT FIRM ADMITS VIRTUAL COLLAPSE
Natasha Alova |
Russia's largest investment company admitted its virtual collapse Friday, telling investors it has n
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
FEW AIRLINES LIKE AMERICAN'S PLAN TO SHARE BOXES, PALLETS
William Armbruster |
A proposal by American Airlines to form an international consortium topurchase and manage ai
Transport, Trade and Regulation News
LOCOMOTIVE MAKES AVIATION HISTORY
Journal of Commerce Staff |
It was a record-setting flight in more ways than one recently when a 3,200- horsepower diesel locomo
Transport, Trade and Regulation News
RUSSIA CUTS TAXES, CHANGES RULES ON IMPORTED ALCOHOL AND CIGARETTES
Geoff Winestock |
Russia has lowered taxes on imported alcohol and cigarettes and changed the way the taxes are assess
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
FILM INDUSTRY CREATES POLAND ANTI-PIRACY UNITNEW YORK - Taking advantage of the coun
Maritime
CHINA EXPECTED TO CONTINUE TO REIN IN IMPORTS OF OIL
Angela Tan |
China appears poised to tighten oil-import restrictions again as its domestic market remains in trou
ANTITRUST EXEMPTION FOR INSURERS DOESN'T GET TO HOUSE PANEL VOTE
Journal of Commerce Staff |
For the second day in a row, Rep. Jack Brooks, D-Texas, was unable Friday to hold a scheduled vote b
VERMONT TOWN SUES CONN. INSURANCE FIRM
Associated Press |
Windsor officials have sued a Connecticut insurance company for failing to defend the town against l
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 232.20 off 0.38
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
COST OF CREDIT
JOC Staff |
Friday, July 29, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
UNLUCKY STARS SHINE ON APL VESSEL
Bill Mongelluzzo |
The bad karma surrounding American President Lines' vessel President Washington continues to build u
VIETNAM SEEN DRAWING INTERNATIONAL INSURERS
Janet Aschkenasy |
By the end of the year, there could be as many as four or five international insurance companies lic
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.537/25 104.97/26 104.97/27
SOUTH KOREA POSTS DEFICIT, GROWTH SEEN CONTINUING
Yeom Yoon-Jeong |
South Korea posted its sixth consecutive monthly current account shortfall on Friday, but economists
WISCONSIN CENTRAL UNIT TO BUY CANADIAN RAILWAY OPERATION
Reuters |
Wisconsin Central Transportation Corp. said its newly formed WC Canada Holdings Inc. subsidiary will
CN RIDES RAIL OPERATIONS TO STRONG QUARTERLY PROFIT
Leo Ryan |
Increased revenue from rail operations was a major factor in the C$98 million (US$72.5 million) prof
JAPANESE AIRLINES ELIGIBLE FOR SUBSIDIES
Associated Press |
Japan's Labor Ministry said Friday it has decided to put eight domestic airlines on a list of recess
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
ISRAEL, JORDAN MAPPING PLANS TO LINK TRANSPORT INFRASTRUCTURE
Elizabeth J. Shapiro |
Although a formal peace agreement between Israel and Jordan may be some months away, the two neighbo
Transport, Trade and Regulation News
LUXURY CARMAKERS COMPETE ON STREETS OF CENTRAL ASIA
James Kynge |
The dusty streets of Central Asia, where horses and donkeys still amble, are the unlikely setting of
Maritime
GASOLINE PRICES
JOC Staff |
July 29, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 29, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CANADIAN GDP FIGURE UP 0.3 PERCENT
Knight-Ridder Financial |
Canada's seasonally adjusted gross domestic product at factor costs rose 0.3 percent in May to C$535
TOP FERTILIZER EXPORTS FROM US
Journal of Commerce from database of Port Import/Export |
These fertilizer movements were the largest recorded from port documents, during the two weeks ended
Maritime
MATTEL EXECUTIVE WARMS UP FOR YULE
Kevin G. Hall |
With the summer sun baking the Texas countryside and the mercury in another climb over the 100-degre
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CAMBODIA CONSUMER PRICE INDEX INCREASES BY 13.7 PERCENT, BANK SAYS
Knight-Ridder Financial |
The Cambodian consumer price index rose 13.7 percent in the January-May period, up from the 1994 upp
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
GOODYEAR MAY SEEK ALTERNATIVES TO COSTLY RUBBER
Reuters |
Goodyear Tire & Rubber Co., angered by soaring rubber prices, threatened Friday to switch to alterna
WHITE HOUSE SUPPORT NEARS FOR ALASKAN OIL EXPORTS
Houston Chronicle |
The Clinton administration is close to endorsing a proposal to allow oil companies to export the cru
NIGERIA'S STRIKING OIL UNIONS TELL SHELL TO CLOSE UP SHOP
From Wire Reports |
The striking white-collar oil workers' union Pengassan said Friday it was advising Shell Petroleum D
INSURANCE EARNINGS
From Wire and Staff Reports |
ALEXANDER & ALEXANDER POSTS $2.2 MILLION LOSSAlexander & Alexander Services reported
LLOYD'S MAY CHANGE ITS ACCOUNTING SYSTEM
Special to The Journal of Commerce |
The Lloyd's of London insurance market says it is considering changes to its unusual accounting syst
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