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AFRICAN NATIONS OPPOSE RAPID DECONTROL OF SERVICES
John Zarocostas |
Western maritime powers and developing African nations have locked horns over how fast to proceed in
Maritime
SENATE PANEL EYES CHANGE TO ST. LAWRENCE SEAWAY TOLLS PAYMENTS, REBATES CALLED A BURDEN
Stephanie Nall |
Vessels traveling the St. Lawrence Seaway will no longer have to pay U.S. tolls during a voyage if a
Maritime
OWNER OF TRUCKING COMPANY, SON CONVICTED OF ASSAULT IN NEW YORK
Journal of Commerce Staff |
A jury has found a New York trucking company owner and his son guilty of assaulting a Federal Highwa
TRANSPORT CALENDAR
JOC Staff |
Border Trade Alliance. July 24-26. Three-day conference. Hyatt Regency, San Diego. Contact: Mary Ali
NORTHWEST TO DROP US-AUSTRALIA ROUTE
Associated Press |
Northwest Airlines plans to discontinue service between the United States and Australia via Japan, a
TRANSPORT BRIEFS
Wire and Staff Reports |
AMR'S EARNINGS UP SHARPLY IN QUARTERFORT WORTH - Second-quarter earnings for AMR Cor
RAIL UNIT SPARKS SHARP GAIN IN PROFIT AT SANTA FE PACIFIC
Lawrence H Kaufman |
Santa Fe Pacific Corp. earned $48.4 million, or 25 cents a share from continuing operations in the s
TRANSPORT BRIEFS
Wire and Staff Reports |
MCDONNELL DOUGLAS REPORTS EARNINGS GAINST. LOUIS - McDonnell Douglas Corp. Wednesday
CONRAIL REPORTS RISE IN INCOME
JOC Staff |
Consolidated Rail Corp. Wednesday reported its income in the quarter ended June 30 rose 18.8 percent
APRIL STRIKE TAKES TOLL ON EARNINGS AT 2 CARRIERS
William Armbruster |
Two of the nation's largest trucking concerns reported the effects of the 24- day Teamsters strike i
ICC, BANKRUPT TRUCKER READY TO SETTLE DISPUTE
Lisa Burgess |
The Interstate Commerce Commission and Bulldog Trucking Inc., a bankrupt Georgia motor carrier, are
IC WILL MANAGE KCS BEFORE MERGER IS OK'D
Lawrence H Kaufman |
By putting its own railroad in trusteeship, Illinois Central Corp. executives are demonstrating conf
NO TALKS SLATED AS STRIKE AT SOO ENTERS 2ND WEEK
Lawrence H Kaufman |
A strike over wages and work rules by 1,100 members of the United Transportation Union against the S
VIETNAM, US TAKING STEPS TOWARD AVIATION TALKS
Lisa Burgess |
The Vietnamese government has advised the United States that it is ready and eager to open bilateral
CLINTON SAID TO BACK BILL SLASHING STATE TRUCK RULES
William L. Roberts |
The Clinton administration supports a pending measure to eliminate most state regulation of trucking
ENERGY BRIEFS
Wire and Staff Reports |
GASOLINE PRICES RISE BY 2.8 CENTS, AAA SAYSNEW YORK - The average price for self-ser
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 20, 1994Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 20, 1994 Prev. Life of Contr. OpenOpen High
UNOCAL CORP. SAYS IT WILL DEVELOP HIDDEN RESOURCES OF INDONESIAN BLOCK
P.T. Bangsberg |
A previously "hidden" block of oil and natural gas off Indonesia's Kalimantan (Borneo) could yield 6
GASOLINE PRICES
JOC Staff |
July 20, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
IRAQ SEES HIDDEN US MOTIVE IN SANCTIONS
Evelyn Leopold |
Iraq has accused the United States of maintaining oil sanctions against Baghdad so it could prop up
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 20, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
AMOCO TO DISCLOSE JOBS REDUCTION PLAN
Knight-Ridder Financial |
Amoco today will announce the number of jobs it plans to eliminate under its second restructuring in
SPOT PRODUCT PRICES
JOC Staff |
July 20, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
CRUDE INVENTORIES ROSE LAST WEEK
Journal of Commerce Staff |
U.S. inventories of crude oil rose 2.8 million barrels during the week ended July 15 compared with t
BURMA USING SLAVE LABOR, HUMAN RIGHTS GROUPS CHARGE
Associated Press |
Burma's ruling military has marshaled tens of thousands of slave laborers to build a railroad needed
UNION SAYS 75 PERCENT OF ITS WORKERS STRIKING IN NIGERIA
Knight-Ridder Financial |
The senior Nigerian oil workers' union Pengassan said Wednesday its strike had been around 75 percen
ENERGY BRIEFS
Wire and Staff Reports |
OCCIDENTAL REPORTS 2ND-QUARTER LOSSNEW YORK - Low crude-oil prices in the first half
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday July 20, 1994 Prevailing sellers' posted prices at the close of business, represen
BANGLADESH FIRM SUES US MAKER OF TOXIC FERTILIZER
N. Vasuki Rao |
A Bangladesh firm is seeking compensation of 450 million takas ($11.2 million) from the American com
UNIONS SUE OHIO EDISON TO BLOCK 236 LAYOFFS
Sheryl Harris |
Three unions sued Ohio Edison in an effort to block the company from laying off 236 workers in eight
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
VIETNAM TO INTRODUCE COFFEE SAMPLE TO USHANOI, Vietnam - Americans familiar with Vie
UNION CARBIDE'S EARNINGS SOARED IN 2ND QUARTER
Associated Press |
Union Carbide Corp. said Wednesday its second-quarter earnings nearly doubledfrom a year ear
PIRACY DECLINES IN SE ASIA, MARITIME BUREAU SAYS
T.J. Tan |
The incidence of piracy has dropped in Southeast Asia, but measures must be maintained to keep it at
Maritime
BRAZIL PREPARES COFFEE-DAMAGE REPORT
Knight-Ridder Financial |
Brazil's government will complete an official report on frost damage to the nation's coffee crop wit
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 234.20 off 0.02 w
SPOT COMMODITIES
JOC Staff |
July 20, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
SWEEPING MONSOON RAINS LIFT HOPES FOR A BUMPER COTTON CROP IN INDIA
Dev Varam |
Widespread monsoon rains have boosted the chances of a bumper cotton crop in India for the 1994-95 s
INDIA'S RELIANCE INDUSTRIES IN TALKS WITH DU PONT
Reuters |
Reliance Industries Ltd., which aims to become one of Asia's top polyester staple fiber makers, is h
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