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GE CAPITAL WILL PAY $400 MILLION FOR HARCOURT GENERAL INSURANCE
Reuters |
Harcourt General Inc. has agreed to sell its insurance business to GE Capital Corp. for $400 million
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
PEOPLE - TRANSPORT
From Wire and Staff Reports |
FEDERAL EXPRESS CORP. (Memphis) - Tracy Schmidt was named senior vice president, airground terminal
PRESTON EMPLOYEES OK WAGE PACKAGE
Journal of Commerce Staff |
Teamsters union employees at Preston Trucking Co. have agreed to a two-year package of wage reductio
TRANSPORT BRIEFS
From Wire and Staff Reports |
FEDERAL EXPRESS POSTS 45 PERCENT JUMP IN EARNINGSMEMPHIS - Federal Express Corp., sp
ENERGY OUTLOOK - DALE STEFFES WHITE HOUSE SHUFFLING THREATENS PRODUCERS OF DOMESTIC OIL
Dale Steffes |
The recent change in White House personnel may not be helpful to the independent oil producers of Am
CHINA TO SOON TAKE BITE OUT OF WASH. APPLES
WILLIAM DiBENEDETTO |
The first shipment of Washington state apples to China left the Port of Seattle at weekend aboard a
Maritime
DAYS OF WINE AND KIWIS: NEW ZEALAND DIVERSIFIES
Associated Press |
New Zealand's agriculture has shifted over the last five years from predominantly producing sheep to
Maritime
TAIWAN'S FIRMS ARE INCREASING THEIR BUSINESS PRESENCE IN MAINLAND CHINA
Dennis Engbarth |
Local manufacturers with plants in China are sinking deeper roots, increasing the proportion of good
Maritime
NJ GOVERNOR OKS PAYOFF OF AUTO INSURANCE DEBT
Thomas Martello |
Gov. Christie Whitman signed a bill to pay off $1.3 billion in auto insurance debt with a combinatio
BN-SANTA FE MERGER LIKELY TO FACE VIGOROUS OPPOSITION
Lawrence H Kaufman |
Managers of Burlington Northern Inc. and Santa Fe Pacific Corp. have presented their proposed combin
BIDDING FOR SP ROUTE CHEERS ORE. SHIPPERS
Gregory S. Johnson |
Frustrated by longer transit times since Southern Pacific Lines stopped using a direct route from Ca
TECHNOLOGY BRIEFS
From Wire and Staff Reports |
BOEING TO USE LCDS ON 737 FLIGHT DECKSSEATTLE - The flight deck of Boeing Corp.'s ne
Transport, Trade and Regulation News
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 1, 1994Brent Crude Oil - (Dollars Per Barrel)_
INDUSTRY PRODUCTION FALLS IN W. GERMANY
Knight-Ridder Financial |
Western Germany's industrial production fell a provisional, seasonally adjusted 0.7 percent in May f
CARIBBEAN LEADERS WILL REVIEW PACT FOR NEW REGIONAL GROUP
Special to The Journal of Commerce |
Caribbean leaders expect to conclude this week discussions of a draft agreement creating a regional
Maritime
TRADE BRIEFS
Wire and Staff Reports |
BRITISH COLUMBIA KEEPS BULK WATER EXPORT BANVICTORIA, British Columbia - British Col
SRI LANKA'S COLOMBO PORT EXPECTS '94 CONTAINER VOLUME TO SURGE
N. Vasuki Rao |
The Port of Colombo in Sri Lanka is hoping to move the equivalent of 1.2 million 20-foot boxes (TEUs
Maritime
CARRIER LINKUPS EXPECTED TO SPUR PORT CHANGES
Mark Magnier |
The huge new consortia that promise to revolutionize the carrier industry also will force changes on
Maritime
CORRECTION
JOC Staff |
A table listing ship lines serving the United States and Latin America that appeared June 29 on Page
Maritime
COFR GUARANTORS PLAN TO BE READY TO OFFER COVERAGE IN US BY OCTOBER
HELEN MacLEOD |
The U.S. Coast Guard confirmed Friday that it had not been asked to grant ''USCG acceptance" to Shor
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
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
INSURANCE BRIEFS
Wire and Staff Reports |
CANADA P/C FIRMS FIND INVESTMENTS BEST BETTORONTO - Property and casualty insurance
TRADE BRIEFS
Wire and Staff Reports |
US BILL COULD BROADEN DEFENSE EXPORT FUNDINGWASHINGTON - The U.S. Export-Import Bank
Maritime
FOREIGN FIRMS HELP MEXICO POWER UP
Kevin G. Hall |
Facing expectations of huge demand for power generation well into the 21st century, Mexico has broke
SPOT COMMODITIES
JOC Staff |
July 1, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
AIRCRAFT-REPAIR FIRM PLANS HUGE BASE IN HONG KONG
P.T. Bangsberg |
One of the world's largest aircraft maintenance facilities will be created in a remote area of Hong
Transport, Trade and Regulation News
EX-REFUGEE RETURNS TO VIETNAM AS EXECUTIVE
Mark Magnier |
What a difference a couple of decades make. On April 30, 1975, as the North Vietnamese army troops e
POSSIBLE ENTRY OF NEW CANDIDATES MAY INTENSIFY RACE FOR WTO CHIEF
John Zarocostas |
The race for chief of the new World Trade Organization is set to become more complicated with the po
MARITIME BRIEFS
From Wire and Staff Reports |
JURONG YARD PURCHASES 25 PERCENT OF NOL UNITSINGAPORE - Neptune Orient Lines Ltd. (N
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
JUDGE DECIDES FIRM CAN'T BE FORCED INTO ASBESTOS PACT
Michael Liedtke |
U.S. District Judge Robert M. Parker ruled last week that Emeryville-based Plant Insulation Co. can'
FIRST INDEPENDENT POWER PLANT HAS BEEN HARD CLIMB FOR INVESTORS
Kevin G. Hall |
Interagency bickering had made Mexico's opening to private investment in power generation a slow and
INDONESIANS SET SIGHTS ON US HEARTLAND
Knight-Ridder Newspapers |
While most of their business is in Asia, a growing number of overseas entrepreneurs are setting up o
Maritime
BANGOR & AROOSTOOK SUITOR ADDS MAINE-MONTREAL LINK TO WISH LIST
Michael S. Lelyveld |
The prospective buyer of the Bangor & Aroostook Railroad Co. also is interested in acquiring two key
TERROR ON THE HIGHWAYS: TRUCKERS BATTLE RUSSIAN CRIME WAVE
Geoff Winestock |
A growing crime wave on Russia's roads is posing a major problem for international truckers.
ON THE EDGE - CHARLES THURSTON CANADIAN TRUCKERS SEEKING A SIMULATOR FOR DRIVER TRAINING
Charles Thurston |
Canada's trucking industry is searching for a simulator to help train drivers and iswilling to pay a
Transport, Trade and Regulation News
MEXICAN PORT TAPS US COMPANIES FOR COMMUNICATIONS, SAFETY WORK
John M. Nagel |
Veracruz, Mexico's busiest port, is turning to U.S. businesses for communications and safety upgrade
Transport, Trade and Regulation News
COST OF CREDIT
JOC Staff |
Friday, July 1, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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5570
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10893
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