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MED SHIPPING, SAFBANK SIGN VESSEL-SHARING PACT
Peter M. Tirschwell |
In a significant realignment of the U.S.-South African trade lanes, Mediterranean Shipping Co. said
Maritime
INSIDE TALK - LARRY KAUFMAN AMID RASH OF STRIKES, GOAL OF RAIL UNIONS IS ANYBODY'S GUESS
Larry Kaufman |
What's behind the recent rash of strikes in the railroad industry? Are the hit-and-run strikes by tw
MISSISSIPPI AIRPORT BETS ON PILOTS' POKER PROMOTION
Associated Press |
A high-flying poker game could pay off big for the Greenville airport. "Activities will be f
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 24, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
JAPAN HOPES TO RESUME SAUDI REFINERY NEGOTIATIONS
From Wire Reports |
Japan's Prime Minister Tsutomu Hata said Tuesday he hoped for a mutually beneficial agreement for re
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday May 24, 1994 Prevailing sellers' posted prices at the close of business, representin
LAWMAKER BOWS TO GROUP ON INSURANCE ANTITRUST BILL
Margo D. Beller |
The chairman of the House Judiciary Committee will substitute language proposed by an insurance trad
PUBLISHER'S NOTEBOOK
Don C. Becker |
One of the games container-shipping executives play is speculating over which companies will survive
BALTIC FREIGHT INDEX
JOC Staff |
1499 (May 24, 1994) Previous day - 1500 The Baltic International Freight Futures Market in L
Maritime
US-S. AMERICA SHAKE-UP MAY BOOST SHIPPERS, LINES
George F.W. Telfer |
A proposed sailing schedule overhaul for a major U.S.-South American trade lane should markedly bene
Maritime
HONG KONG COMPANY SEEKS PORT UPGRADES IN CHINA
P.T. Bangsberg |
With congestion again a headache at many of China's ports, a Hong Kong firm is negotiating deals to
Maritime
SEA-LAND LAUNCHES WEEKLY BOX SERVICE TO CANADIAN PORT MATSON CONSIDERS SIMILAR MOVE ON WEST COAST
WILLIAM DiBENEDETTO |
Sea-Land Service Inc., started a direct container service to a western Canadian port over the weeken
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
INDIA HAS BIG PLANS FOR SHIPBREAKING YARDNEW DELHI, India - India has drawn an inves
Maritime
US CITES SPECIFIC CASES OF CHINA TRANSSHIPMENTS
Robin Bulman |
The United States has presented China with three specific allegations of textile transshipments in t
SENATE PANEL CLEARS EXPORT CONTROL MEASURE
Richard Lawrence |
The Senate Banking Committee by unanimous vote approved a bill Tuesday that resembles the Clinton ad
Maritime
INDUSTRIAL OUTPUT UNCHANGED IN ITALY
Knight-Ridder Financial |
Italian March industrial production, on a seasonally adjusted basis, was unchanged from February and
MANDELA SAYS ANC IS COMMITTED TO MAINTAINING FINANCIAL STABILITY
Sean Ross |
South Africa's President Nelson Mandela Tuesday reaffirmed his African National Congress-dominated g
Maritime
AVERAGE INFLATION FOR EU FLAT
Knight-Ridder Financial |
The annual rate of consumer price inflation in the European Union was 3.2 percent in April, unchange
HOME MARKET IMPROVES FOR US GRAIN GROWERS
Howard Simon |
1994 is shaping up as the year that could redefine markets for U.S. grain growers, processors and ha
RAILS UNCERTAIN AS COAL EXPORTS DROP
Arthur Gottschalk |
With U.S. coal exports down dramatically in 1993 and chances of recovery this year uncertain, easter
ROADWAY PACKAGE SYSTEM TO OPEN 43 TERMINALS IN 13 STATES TODAY
Journal of Commerce Staff |
Roadway Package System Inc. will complete a 15 percent expansion in its terminal network today by op
TRANSPORT BRIEFS
Wire and Staff Reports |
CLINTON URGES CONGRESS TO OK 6 C-17 PLANESPresident Clinton has urged Congress to approve fu
UNITED'S PLANS FOR 2-DAY DELIVERY PLEASES FORWARDERS
William Armbruster |
Freight forwarders like what they are hearing from United Airlines about itsplans for a new
NATURAL-GAS FUTURES FALL 5.2 CENTS
Knight-Ridder Financial |
Natural-gas futures on the New York Mercantile Exchange settled down 5.2 cents to $1.884 a million B
GASOLINE PRICES
JOC Staff |
May 24, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 24, 1994 Prev. Life of Contr. OpenOpen High L
ENERGY BRIEFS
Wire and Staff Reports |
FIRM, 3 MEN CONVICTED OF EVADING FUEL TAXA federal jury in Philadelphia found three individu
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
May 24, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
US MAY BAN IMPORTS MADE BY CHINA'S MILITARY
John Maggs |
White House officials have told business leaders that they are considering blocking imports of goods
JOFC PRICE INDEX EDGES UPWARD, SETS YET ANOTHER HIGH FOR YEAR
Journal of Commerce Staff |
Signs of overheating materials prices continued Monday, with The Journal of Commerce's daily Industr
CUBA TO RAISE CONSUMER PRICES
Reuters |
Cuba announced a series of price rises for goods and services, including cigarettes, rum, fuel, publ
Maritime
IMPORT LEADS
JOC Staff |
AUDIO EQUIPMENT Audio equipment. Contact: Paul Beuscher Edit et Instr., 23/27/29 Bld. Beauma
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
MINOLTA TO MANUFACTURE ITS PRINTERS IN CHINATOKYO - Minolta Camera Co., a major Japa
Maritime
BRITISH AIRWAYS MAY WRITE OFF $400 MILLION USAIR INVESTMENT
Keith M. Rockwell |
The ongoing financial difficulties at USAir have led British Airways to consider writing off its $40
TRANSPORT BRIEFS
Wire and Staff Reports |
BODY IS FOUND AFTER TRUCK-TRAIN ACCIDENTBELLS, Tenn. - Emergency workers finished tr
INDIA'S PRIME MINISTER WOOS PRIVATE POWER FIRMS
Reuters |
Prime Minister P.V. Narasimha Rao on Monday told private companies seeking to enter the power indust
ENERGY BRIEFS
Wire and Staff Reports |
US COAL PRODUCTION DOWN SLIGHTLY IN WEEKCHARLESTON, W. Va. - Domestic coal productio
PUNITIVE AWARD OF $8 MILLION ALLOWED TO STAND AGAINST PHILLIPS
Associated Press |
The Supreme Court Monday let stand an $8 million punitive-damages award against Phillips Petroleum C
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