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TERMINAL OPERATOR GETS PACT TO RUN, UPGRADE OAKLAND UNIT
Brian Johns |
Marine Terminals Corp. representatives last week unveiled a 10-year management agreement to operate
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
REPORT: CANADA TO UNVEIL SHIPBUILDING PROGRAMVANCOUVER, British Columbia - Employment and In
Maritime
KEPPHIL WINS ORDER TO BUILD TWO TANKERS
P.T. Bangsberg |
The Philippine unit of Singapore's Keppel Corp. said Tuesday it won a contract to build two clean-pr
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, June 28, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
E. EUROPEAN VISIT WINDS DOWN FOR ROAD-CONSTRUCTION GROUP
Rip Watson |
A trade mission by the American Road & Transportation Builders Association aimed at expanding its me
EU RAILROADS RACK UP FREIGHT GAINS
Journal of Commerce Staff |
Rail freight traffic is rising in the 12-nation European Union, boosting hopes of a permanent shift
ENVIRONMENTAL MARKET PREDICTED TO SURGE
Reutes |
The global market for environmental goods and services, already comparable to the pharmaceuticals or
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
South Korean container lines are the fastest-growing in service to the United States. Total containe
ILL. UTILITY FINED FOR NUCLEAR VIOLATIONS
Associated Press |
Commonwealth Edison Co. was fined $12,500 for violating safety procedures at the Zion nuclear power
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
MOBIL CHEMICAL TO CUT 20 PERCENT OF ITS WORK FORCENEW YORK - Mobil Corp. will cut 2,
LONE STAR GAS ADDING CAPACITY IN PIPELINES TO SE TEXAS
JOC Staff |
Lone Star Gas Co., one of the largest integrated natural-gas companies in the nation, is adding comp
SPOT COMMODITIES
JOC Staff |
June 28, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
LATIN EXPORTERS HONE US MARKETING
Charles W. Thurston |
Corner bodegas, or Latin American grocery stores, replete with fresh foods and other products from a
MARITIME BRIEFS
Wire and Staff Reports |
TODD SHAVES LOSS TO $2.7 MILLION FOR YEARSEATTLE - Todd Shipyards Corp. posted a net
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Monday June 27, 1994 Prevailing sellers' posted prices at the close of business, representin
TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA MEXICO. July 1-15. The U.S. Department of Commerce is leading
Maritime
INTRA-CARIBBEAN GAP A SUBJECT OF OECS FAIR
Alister Hughes |
Producing competitive exports will be a key challenge for the seven members of the Organization of E
Maritime
CONTINENTAL TO BEGIN NEW ROUND OF JOB CUTS
From Wire and Staff Reports |
Continental Corp. said Monday it will cut another 900 jobs in addition to its work-force reduction o
PAKISTANI BREAKERS PREDICT ANOTHER LACKLUSTER YEAR
N. Vasuki Rao |
Local shipbreakers, hit by high taxes and other problems, are struggling to maintain their performan
Maritime
TWO PLEAD GUILTY IN NAVY FRAUD CASE
Journal of Commerce Staff |
Two former executives of a defunct Maryland shipping company that once operated 10 U.S. Navy oceanog
Maritime
CHINESE PEANUTS PROVING "HAIRY' FOR CARGO INSURERS
Janet Porter |
Shipowners are reviewing the way they handle Chinese peanuts, which are sprouting hair and costing i
Maritime
AIRBORNE CONNECTS WITH CALIFORNIA FIRM IN MARKETING PACT
WILLIAM DiBENEDETTO |
Airborne Express is teaming up with a San Diego telemarketing firm to provide sales and marketing se
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AIRBORNE EXPRESS (Seattle) - Darby Langdon was appointed to the newly created position of vice presi
FLOOD NOW WATER UNDER THE BRIDGE, RAILS SAY
Lawrence H Kaufman |
Bridges washed out; rail lines ran underwater; short freight hauls became long diversions. And sti
US, CANADA FACE OFF IN DISPUTE OVER WHEAT
John Boyd |
Officials for the United States and Canada were in Chicago on Monday trying to end a longstanding di
ENERGY BRIEFS
Wire and Staff Reports |
SHELL SUBSIDIARY REPORTS GAS FIND OFF MALAYSIAKUALA LUMPUR, Malaysia - Sabah Shell P
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 27, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
TRADE TALK - ROSALIND MCLYMONT IMMIGRANTS TO THE US HAVE A LOT TO OFFER, BUT COME WITH PRICE
Rosalind McLymont |
When word got out that a group of Ghanaian immigrants residing in New Jersey had organized a success
Maritime
GASOLINE PRICES RISE NATIONWIDE FURTHER RETAIL INCREASE EXPECTED
Associated Press |
The average price of gasoline nationwide rose more than 2 cents a gallon over the past two weeks.
SPOT COMMODITIES
JOC Staff |
June 27, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COFFEE FUTURES RISE SHARPLY ON TALK OF FROST IN BRAZIL
Knight-Ridder Financial |
Coffee futures on key commodity exchanges soared to a 5 1/2-year high Monday on reports of widespre
KEMPER ACCEPTS $3.25 BILLION BUYOUT OFFER FROM CONSECO INC.
Associated Press |
Kemper Corp. accepted Conseco Inc.'s $3.25 billion buyout offer Monday, agreeing to merge with a Con
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 27, 1994 Quotations are based on prices reported in the market or obtained from s
FRANCE'S BOLLORE SEES 2 MORE YEARS OF SHIPPING LOSSES
Tara Patel |
Groupe Bollore Technologies of France, owner of the shipping company SCAC- Delmas-Vieljeux (SDV), sa
Maritime
CHIEF OF DALLAS FED BANK UPBEAT ON TRADE DEFICIT
Kevin G. Hall |
Businesses involved in international trade should view the multibillion- dollar U.S. trade deficit a
Maritime
'91 LOSSES TO LLOYD'S NAMES TO TOP FORECAST, ANALYSTS SAY
HELEN MacLEOD |
The independent London analyst firm Chatset expects Lloyd's of London investors to suffer losses of
CALIF. HOMEOWNER PLAN ATTACKED AS "SIMPLISTIC'
From Wire Reports |
The plan unveiled by the California Insurance Department last week to expand the state's insurance p
MANDELA LEADS THOSE URGING US TO FORGIVE MORE AFRICAN DEBT
Steve Holland |
South African President Nelson Mandela has called on the United States to take a "more considerate a
EU TRANSPORT OBJECTIVE STUMBLES AT THE START
Bruce Barnard |
The European Union Commission's plan for mega transport projects worth $80 billion began unraveling
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.696/21 103.16/22 102.76/23
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