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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Apr. 28, 1994 Prevailing sellers' posted prices at the close of business, represent
JOURNAL OF COMMERCE - FAST FACTS US FOOTWEAR IMPORTS
Journal of Commerce from PIERS, New York |
No Text
USDA SAYS CANADIAN WHEAT IMPORTS HURT US
Associated Press |
A four-year surge in purchases of Canadian wheat will have cost the U.S. farm program $682 million b
OECD TO STUDY WTO ISSUES
Stewart Taggart |
The Organization for Economic Cooperation and Development plans to study new issues to be faced by t
Maritime
AIG SEEKS TO FORGE JOINT VENTURE WITH RUSSIAN FIRM LICENSING SNAG COULD POSE HURDLE
Geoff Winestock |
American International Group Inc. hopes to open a joint-venture company in Russia as early as this s
THE ECONOMY
Commerce Department; Census Bureau; Knight-Ridder Tribune |
GDP Growth Gross domestic product growth if quarter's rate continued for a year.Percent chan
IBM, HITACHI TO SHARE TECHNOLOGY
Reuters |
International Business Machines Corp. and Hitachi Ltd. said this week that they have formed an allia
Maritime
AMERICAN PRESIDENT FEELS PINCH FROM LOW RATES IN PACIFIC TRADE
Journal of Commerce Staff |
Low westbound rates on the Pacific hurt American President Cos.' first- quarter earnings. Th
Maritime
EMPLOYEES GROUP SEEKING NAVIERAS ACQUIRES POWERFUL ALLY IN ITS UNION
Peter M. Tirschwell |
The vice president of the employees' group that is trying to acquire the state shipping line Naviera
Maritime
TRUCK GROUPS FROM NAFTA NATIONS UNITE FOR TALKS
Stephanie Nall |
The heads of U.S., Canadian and Mexican trucking associations will meet today with the transportatio
GASOLINE PRICES
JOC Staff |
Apr. 28, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
FREIGHT RATE FUTURES
JOC Staff |
Apr. 28, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ENTERPRISE OIL LAUNCHES BID FOR RIVAL LASMO PLC
Reuters |
Enterprise Oil PLC said Thursday it was making a 1.45 billion pound (US$2.19 billion) bid for troubl
ANERA SECURES HIGHER RATES AS JAPAN GROUP STRUGGLES
Mark Magnier |
Japan shipping conference negotiators working toward Sunday's deadline and before extended national
PARTS MAKER IS MINING RICH VEIN OVERSEAS
Kenneth Wolf |
Alanx Products Inc., a manufacturer of industrial parts primarily for the mining industry, struck go
ASEAN FREE TRADE AREA MAY HIT AUSTRALIA EXPORTS
David Gazard |
A preferential tariff regime within the Association of South East Asian Nations could be both a bles
Maritime
SETTLEMENT WON'T SPELL END TO TROUBLES, SHIPPERS WARN FREIGHT CLAIMS, RISING RATES LOOM
Gregory S. Johnson |
Shippers expressing relief about a tentative settlement Thursday to end a strike that has crippled t
DESPITE LATE START, US AND JAPAN EXPECTED TO SET PACE IN VIETNAM
Special to The Journal of Commerce |
Although relatively late to the Vietnamese business scene, investors from Japan and the United State
Maritime
EASTERN-CREDITOR REVAMP PLAN MAY LEAD TO A NEW AIRLINE
Knight-Ridder Financial |
Eastern Airlines, which has been operating under Chapter 11 bankruptcy protection since March 1989,
EX-BOSS FIGHTS COMPANY TO SAVE RETIREE BENEFITS
George Cunningham |
Donald Douglas Jr. at a union hall meeting? Not likely, but there he was - son of the founder of Dou
GLAXO SUES TO STOP GENERIC ZANTAC
Reuters |
Glaxo Holdings PLC said Thursday it has taken legal action against a subsidiary of Swiss drug giant
AUSTRALIA COTTON GROWERS FOCUS ON ASIAN DEMAND
Belinda Goldsmith |
Australia's cotton growers, nearing the end of their third disastrous drought-hit harvest, remain po
MCDERMOTT SHIPYARD BUILDING ITS FIRST TUGBOATS IN 12 YEARS
Journal of Commerce Staff |
Two tugboats that a McDermott Inc. shipyard is building for Crowley Marine Services Inc. will be the
Maritime
CARRIERS BACK 150 PERCENT INCREASE IN TAX TO FUND SHIP SUBSIDIES
WILLIAM DiBENEDETTO |
U.S.-flag containership operators on Thursday for the first time gave their support to the 150 perce
RUSSIA TO START SECOND PHASE OF PRIVATIZATION PROGRAM
Richard Lawrence |
Russia's industrial privatization program is about to enter a new phase, and foreign investors are p
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +6.604/22 98.74/25 98.74/26
MARITIME, TELECOM TALKS MAY BE REVIVED NEXT WEEK
John Zarocostas |
Senior negotiators from industrialized and developing nations will meet in Geneva next week to try t
Maritime
ISRAEL, PLO EXPECT TO SIGN ECONOMIC AGREEMENT TODAY
From Wire and Staff Reports |
Israel and the PLO have removed all major obstacles to an agreement setting out economic ties betwee
Maritime
ALANX PRODUCTS INC.
Kenneth Wolf |
Alanx Products Inc. hit the marketplace in 1988 as an unknown company selling an unknown product.
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
AIG'S NET INCOME INCHED UP IN QUARTERNEW YORK - American International Group reporte
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
UNION-EMPLOYEE GROUP IN AVONDALE PROXY FIGHT
George F.W. Telfer |
Union leaders and a group of 28 employees of Avondale Industries Inc. are trying via a proxy challen
Maritime
ILA READY TO MAKE CONCESSIONS FOR RETURN TO NJ TERMINAL JOBS MORE TALKS ARE PLANNED
Alan Abrams |
The International Longshoremen's Association is prepared to make concessions to bring its workers ba
Maritime
C&NW HOLDINGS POSTS INCREASE IN EARNINGS FOR 1ST QUARTER
Journal of Commerce Staff |
Chicago and North Western Holdings Corp. earned $16 million, or 35 cents a share, in the first quart
YOU AIN'T SEEN NOTHING YET, SP CHIEF TELLS SHAREHOLDERS
Allen R. Wastler |
Southern Pacific Lines' results to date may not be stellar, but the company is poised to make signif
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended April 23, 1994, vs. Similar 1993 Period Cars CarsLoaded Loaded
LOW EXPORT GRAIN DEMAND EXPECTED TO HURT BARGES
John Boyd |
U.S. grain exports will probably be in a slump both this year and next, weighing down rates for barg
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 28, 1994 Quotations are based on prices reported in the market or obtained from s
PORT MANATEE OFFICIALS TO PROMOTE LOCAL USAGE
Knight-Ridder Newspapers |
More companies from outside the area are using Port Manatee to ship products overseas, and port offi
Maritime
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