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LONG BEACH PORT PANEL OKS 10 PERCENT RATE BOOST FOR CORRIDOR
Bill Mongelluzzo |
The Long Beach Harbor Commission this week approved a 10 percent general rate increase and will comm
Maritime
AIR EXPRESS INTERNATIONAL OFFICES RECOGNIZED FOR QUALITY MANAGEMENT
William Armbruster |
Air Express International said all 51 of its North American offices have met internationally accepte
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 25, 1994Brent Crude Oil - (Dollars Per Barrel)_
GREENWICH STUDIES OFFER FOR THERAFECTIN RIGHTS
Marian Uhlman |
Edwin Thompson, the feisty former chief executive for Greenwich Pharmaceuticals Inc., has not given
LACK OF BIDS FOR KEMPER SUGGESTS APPEAL IS LIMITED
David Dishneau |
Resounding silence. That's been the public response so far to Kemper Corp.'s decision to consider ta
LAWMAKERS SEEK TO ADVANCE AIRPLANE LIABILITY BILL
Curt Anderson |
A bipartisan group of legislators announced plans Wednesday to file a petition to free a small airpl
MARITIME BRIEFS
Wire and Staff Reports |
DOT DREDGING PANEL TO HOLD HEARING TODAYHOBOKEN, N.J. - The U.S. Department of Transportatio
Maritime
US DOLLAR PUSHED DOWN BY REPORT ON DURABLES
Michael Duvally |
The U.S. dollar declined Wednesday, undermined by a weaker-than-expected April durable goods report.
GEPHARDT BACKS TRADE PACT, BUT SAYS '94 PASSAGE NOT VITAL
John Maggs |
House Majority Leader Richard Gephardt reaffirmed his support for a new world trade pact Wednesday b
TRANSPORT BRIEFS
Wire and Staff Reports |
CSX TO REDEEM DEBT OBLIGATIONRICHMOND, Va. - CSX Corp. plans to redeem $100 million
GASOLINE PRICES
JOC Staff |
May 25, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 25, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
INDONESIAN COFFEE EXPORTERS DEFAULT IN BOOMING MARKET
Abdul Jalil Hamid |
Some Indonesian coffee exporters have defaulted on their cargoes to take advantage of boom prices, a
ITALY POSTS DEFICIT IN PAYMENTS BALANCE
Knight-Ridder Financial |
Italy posted a balance of payments deficit of 202 billion lire (US$126.5 million) in April, but reco
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 234.69 off 3.67 w
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
May 25, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
RUSSIA EXPECTED TO RELAX FOREIGN BANK RULES SOON
Knight-Ridder Financial |
The Central Bank of Russia may relax conditions for foreign banks operating in the country this summ
SURVEY: DRIED-VEGETABLE TRADE PASSES BILLION-DOLLAR MARK
John Zarocostas |
International trade in dehydrated vegetables has increased to more than $1 billion annually and is f
Maritime
EU AND KAZAKHSTAN INK PACT ON TRADE, ECONOMIC COOPERATION
Knight-Ridder Financial |
The European Commission and Kazakhstan have signed a new "partnership and cooperation" agreement des
Maritime
WHALE SANCTUARY PLAN MAY HINGE ON FOUR SMALL CARIBBEAN NATIONS
Tony Best |
Four relatively small Eastern Caribbean nations may hold the keys to the approval of a sanctuary in
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
EAST, WEST CONFERENCES TO MERGE TO CUT COSTSNEW YORK - The eastbound and westbound c
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
HOUSE OKS CLINTON CALL FOR 6 C-17 AIRCRAFTWASHINGTON - In a victory for President Cl
TAIWAN FACES A SUMMER OF POWER SHORTAGES
Laura Tyson |
Taiwan's chronic summer power shortages are expected to worsen this year, forcing state-owned monopo
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 25, 1994 Prevailing sellers' posted prices at the close of business, represent
BALTIC FREIGHT INDEX
JOC Staff |
1496 (May 25, 1994) Previous day - 1499 The Baltic International Freight Futures Market in L
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.095/19 101.15/20 101.85/23
TRUCK FIRMS CAUTIOUS IN PURSUING LOST BUSINESS LTL CARRIERS AWAIT LABOR PACT OK IN WAKE OF STRIKE
Gregory S. Johnson |
Four weeks after the end of a Teamsters strike that forced many less-than- truckload carriers to the
JAMAICAN GOVERNMENT MAKES FOREIGN CURRENCY LEGAL TENDER
Canute James |
In a move to further deregulate Jamaica's economy and liberalize the foreign exchange market, the Ja
CZECH REPUBLIC TO SET UP AN EXPORT CREDIT BANK
Michele Kayal |
With an eye toward markets beyond Europe, the Czech Republic plans to establish an export credit ban
Maritime
GITANO OFFICIALS SENTENCED IN TRANSSHIPMENT CASE
Robin Bulman |
Two former executives of Gitano Group Inc., an international clothing distributor, have been sentenc
Maritime
GRANTS WILL HELP US COMPANIES BUILD OVERSEAS MARKETS
Gordon Platt |
The U.S. Commerce Department announced a program of grants of up to $500,000 each to help companies
Maritime
KINGS POINT UNVEILS PAINTING
JOC Staff |
Photo only.
Maritime
CHARITY BEGINS AT HOME: AID GROUP SAYS PROFIT DETERMINES POLICY
John Zarocostas |
The reduction in trade barriers and improvements in economic relations between poor and rich nations
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
NESTLE DISTRIBUTION SITE OPENS IN N. CALIFORNIALATHROP, Calif. - Swiss food giant Ne
Maritime
LOAN PLAN FOR SHIPBUILDER IN RUSSIA IRKS EUROPEANS
Bruce Barnard |
West European shipbuilders have called on the European Bank for Reconstruction and Development (EBRD
Maritime
EUROPEAN COMMISSION PROBES CASH INFUSION TO AIR FRANCE
Journal of Commerce Staff |
The European Commission began an investigation Wednesday of the French government's 20 billion franc
CONTROVERSIAL WARNING SYSTEM HELPED AVERT CRASH OVER PACIFIC
Gary Washburn |
A Chicago-bound jumbo jet escaped potential disaster above the Pacific Ocean after the pilot, warned
ENERGY BRIEFS
Wire and Staff Reports |
DEFECTS HALT WORK AT 4 INDIAN REACTORSBOMBAY, India - India has halted construction
CHINA RISKS LOSING FUNDS FOR POWER, EXECUTIVE SAYS
Allen Wan |
China will risk losing the foreign investment it needs to build power stations if it curbs rates of
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