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PENA EXPECTS CONGRESS TO BACK AIR-TRAFFIC PLAN
Reuters |
The Clinton administration is optimistic that Congress will back its plan to reorganize the U.S. air
PITTSTON TO DROP COAL PRICES TO JAPAN
Journal of Commerce Staff |
Pittston Coal Export Corp., the largest U.S. supplier of metallurgical coking coals to Japanese stee
US BOOSTS QUOTA ON SHIRTS FROM EGYPT MARKET ACCESS NEARLY DOUBLES
Robin Bulman |
Averting a potential trade dispute with a key ally, the United States has agreed to nearly double Eg
NIGERIAN FUEL CRISIS SPARKS STRIKE THREAT
Knight-Ridder Financial |
Nigeria's Labor Congress, which comprises 41 trade associations, Tuesday threatened to take strike a
ENERGY BRIEFS
From Wire and Staff Reports |
CZECH POWER GETS S&P CORPORATE RATINGPRAGUE, Czech Republic - Czech Power Co. (CEZ)
WORLD TRADING NATIONS URGED TO QUICKLY RATIFY GATT PACT
Journal of Commerce Staff |
The president of Europe's largest employers federation, Unice, called Tuesday for quick ratification
Maritime
ICI AUSTRALIA LOOKS TO ASIA FOR GROWTH
Reuters |
Chemical and pharmaceuticals group ICI Australia Ltd. is looking to the emerging Southeast Asian mar
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COMMERCE OKS DUTY ON AKZO NOBEL FIBERWASHINGTON - The U.S. Department of Commerce ha
WHEAT DAMAGE LIKELY FROM KAN. FREEZE
Knight-Ridder Newspapers |
Record cold temperatures in western Kansas on April 27 probably damaged the wheat crop, but the exte
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
COTTON SHORTAGE SLOWS GROWTH OF CHINA'S TEXTILE INDUSTRY
P.T. Bangsberg |
China's vital textile sector is being sandbagged by slow growth and increasing financial losses, bea
Maritime
ANALYSTS TO BRAZILIAN INVESTORS: HANG ON, STOCKS TO TURN AROUND
James Bruce |
Foreign investors whiplashed by recent undulations in the Brazilian stock market should brace themse
Maritime
HOUSE PANEL TO TAKE UP CLINTON SUPERFUND PLAN
Margo D. Beller |
The Clinton plan to reform the federal Superfund cleanup program, which last week was on the verge o
LINCOLN NATIONAL SEEKS TO CASH IN ON "GOLDEN OPPORTUNITY' IN CHINA
P.T. Bangsberg |
Lincoln National Corp. of Fort Wayne, Ind., this week gave notice of its intention to break into Chi
KEMPER SUGGESTS $65 SHARE PRICE
Associated Press |
Kemper Corp. named its selling price Tuesday: $65 a share. There was no immediate response f
PACE AMERICAN FILES FEDERAL SUIT TO BLOCK SHAREHOLDER GROUP
From Wire Reports |
Pace American Group Inc. says a shareholder group seeking the ouster of its board of directors is gu
ROADWAY, CF MOTOR CONFIRM PLANS TO CLOSE 41 TERMINALS
Journal of Commerce Staff |
Roadway Express and CF Motor Freight have confirmed plans to close 41 terminals in thewake of the Te
UPS OPENS DEVELOPMENT OFFICES IN CHINA'S THREE LARGEST CITIES
William Armbruster |
United Parcel Service announced Tuesday that it has opened business development officesin China's th
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 3, 1994 Prev. Life of Contr. OpenOpen High Low
SPOT PRODUCT PRICES
JOC Staff |
May 3, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
LAW FIRMS BUILD STRONG CASES ABROAD
Milan Ruzicka |
U.S. lawyers, whose reputation at home provokes mixed feelings, are making considerable inroads abro
CORRECTION
JOC Staff |
The story "Calif. Firms Design Towns in Asia From the Ground Up," which appeared on Page 5A on April
UNLOCKING BANKS SEEN KEY TO EASTERN EUROPE'S REFORM COMMUNISTS MADE BAD LOANS
Jonathan Lynn |
Unburdening Eastern Europe's banks, many of which are still laden with bad loans from the communist
Maritime
WORKING RIGS DECLINE TO 730
Associated Press |
The number of working oil and gas rigs nationwide slipped by two this week to 730, Baker Hughes Inc.
CANADA HEARS GROWING CALL FOR INTERNAL FREE TRADE
Leo Ryan |
Powerful business and consumer groups in Canada have stepped up the pressure for a comprehensive dea
Maritime
FINANCING TRADE PRUDENTIAL OFFERS FIRST SECURITIZATION OF AIRLINE RECEIVABLES
Gordon Platt |
Prudential Securities said it has completed the first securitization of airline receivables, a $175
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
"Go stand in the plant," was the advice given by the founder of the Toyota Motor Co. to his grandson
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
INDIAN IMPORTS EXPECTED TO INCREASE STEADILY
N. Vasuki Rao |
Imports will record sustained growth in the coming months, reversing the trend during most of past y
Maritime
IBM SAYS CHINA BACKS NEW POWERPC PLATFORM
Jeffrey Parker |
In what could be a significant global blow to computer chip giant Intel Corp., IBM said Tuesday that
Maritime
ITALY APRIL CPI UP 4.1 PERCENT ON YEAR
Knight-Ridder Financial |
Italian consumer prices rose at an annual rate of 4.1 percent in April, compared with 4.2 percent in
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JACK BOISEN REPLACES KENT JONES AS CONTINENTAL AIR'S CARGO CHIEF
William Armbruster |
Continental Airlines has dropped Kent Jones as its vice president of cargo and replaced him with Jac
SCHNEIDER NATIONAL BUYS ROADRAILERS WORTH $10 MILLION
Journal of Commerce Staff |
Schneider National Inc. of Green Bay, Wis., one of the largest truckload carriers in the United Stat
OPEC'S CLOUT MAY HINGE ON IMPORTERS' FUNDS
Michael J. Strauss |
OPEC's viability as a significant force in the world oil market beyond the year 2000 may depend on m
REGULATORS OK SOCAL GAS DEAL FOR IDAHO PLANT
Knight-Ridder Financial |
The California Public Utilities Commission has approved a unique gas storage agreement between South
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSE Natural Gas Clearinghouse - Posted prices for May 1994 (see Note 1
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