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TRANSPORT CALENDAR
JOC Staff |
Freight Users Association of New York Inc. Annual meeting. June 2. 6 p.m. Speaker: Janine Bauer, exe
STRAIGHT TALK - IRA ROSENFELD TEAMSTERS WAGE WAR FOR UNION CONTROL WHILE POWER FADES
Ira Rosenfeld |
The cacophony emanating from the Teamsters' marble palace on Louisiana Avenue in the nation's capita
API WEEKLY REPORT CRUDE OIL SUPPLIES ROSE LAST WEEK
Journal of Commerce Staff |
U.S. inventories of crude oil rose 3.8 million barrels during the week ended May 20 compared with th
INCO LTD. BRACES FOR POSSIBLE STRIKE AS LABOR CONTRACT TALKS CONTINUE
Darcy Keith |
Canada's Inco Ltd. has begun preparations for a possible strike next week at its Sudbury, Ontario, n
INFLATABLE DAMS TOUTED AS EFFECTIVE AGAINST FLOODS
Matt Crenson |
Los Angeles engineer Norman Imbertson invented inflatable dams in 1956. Los Angeles Power & Light pu
Maritime
BALTIC EXCHANGE GIVES NOD TO HARPER AS NEW CHAIRMAN
Knight-Ridder Financial |
Alan Harper, managing director of Jacksons Commodity House, will succeed Peter Tudball as chairman o
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
JOURNAL OF COMMERCE - FAST FACTS AVERAGE ADJUSTED TRUCK TONNAGE INDEX
American Trucking Assocs. |
No text.
SHIPBUILDERS GET $30 MILLION IN FEDERAL GRANTS
Tim Shorrock |
The Clinton administration on Wednesday awarded $30 million in matching grants to 20 U.S. shipbuildi
COST OF CREDIT
JOC Staff |
Wednesday, May 25, 1994(Percentage Per Year) INTERNATIONAL INTEREST RATESCan
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CLINTON REVERSAL ON JAPAN A SIGN OF CHANGES TO COME
Merrill Goozner |
The Clinton administration's decision Tuesday to back away from pressing Japan on trade was the firs
Maritime
CONRAIL-NS VENTURE PUTS OFF EXPANSION IN TEXAS, FLORIDA
Rip Watson |
Triple Crown Services Inc. - the joint venture owned by Consolidated Rail Corp. and Norfolk Southern
CANADA'S HYDRO-QUEBEC CANCELS POWER CONTRACT WITH NEW YORK
Arthur Gottschalk |
Hydro-Quebec, the giant Canadian hydroelectric utility, said Wednesday it is ending its long-term ag
FLORIDA HURRICANE FUND MAY FACE CHALLENGES
George F.W. Telfer |
It will take years for Florida's new state hurri cane catastrophe fund to build up enough to withsta
CAST TO SWITCH FROM BULK VESSELS TO DEDICATED CONTAINERSHIPS
Leo Ryan |
Cast (1983) Ltd. soon will be replacing its five combination container-bulk carriers, known as conbu
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
HARRY AND LOUISE MUM WHILE PANEL SEEKS DEALThe health insurance industry said Tuesday it has
LONG-DELAYED TANKER RULE LIKELY TO MISS JUNE 1 DEADLINE
Alan Abrams |
When the Panamanian-flag tanker Stena Concert enters U.S. waters later this month, it will carry no
GOP LAWMAKERS OPPOSE BRAGG AS ITC CHAIRMAN
John Maggs |
Influential Republicans in the House and Senate are fighting the likely choice of Lynn Bragg as chai
SLOVAKIA SPARES NO UNDERTAKING TO WOO FOREIGN INVESTORS
Michele Kayal |
Slovakia's new government is courting international investors and juggling laws to attract as much f
Maritime
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
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