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GASOLINE PRICES
JOC Staff |
May 2, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Premi
ENERGY BRIEFS
From Wire and Staff Reports |
NYMEX CRUDE FUTURES RISE TO $17.24 A BARRELNEW YORK - New York Mercantile Exchange c
RAILCAR BUILDERS FACE SHORTAGE OF WHEELS
Lawrence H Kaufman |
A combination of events, both here and abroad, has led to a shortage of domestically produced steel
VALDEZ OIL SPILL RECOVERY "REMARKABLE,' EXXON CHIEF SAYS
John Gilardi |
Lee Raymond, Exxon Corp. chairman, said last week that Alaska's Prince William Sound area, which was
Maritime
PRICE INDEX HITS ANOTHER HIGH
Journal of Commerce Staff |
The Journal of Commerce Industrial Price Index reached a new high for 1994 at 99.3 Monday, surpassin
PEOPLE - MARITIME
From Wire and Staff Reports |
"K" LINE (AMERICA) INC. (Murray Hill, N.J.) - John P. Meade was named vice president, law.A former U
Maritime
SUDAN CARGO SHIP VIOLATES EMBARGO
Knight-Ridder Financial |
A Sudanese cargo ship, loaded with sugar and other food supplies, arrived Monday at a port in southe
Maritime
COAST GUARD RULES FOCUS ON MISSISSIPPI, CHESAPEAKE
Tim Sansbury |
Safety regulations issued late last week by the Coast Guard are aimed at improving navigation condit
Maritime
ANC PREPARES FOR UPHILL TREK IN RULING SOUTH AFRICA
Reuters |
Nelson Mandela's African National Congress, which is set to win a clear majority in South Africa's g
Maritime
AFL-CIO CLAIMS SONY SUBSIDIARY VIOLATED WORKERS' RIGHTS IN MEXICO
Tim Shorrock |
The AFL-CIO Monday said it will ask the U.S. Labor Department to investigate charges that a subsidia
Maritime
OSHA: INJURIES, DEATHS COST FIRMS $115 BILLION A YEAR
Journal of Commerce Staff |
Workplace deaths and injuries add up to about $115 billion annually in direct and indirect costs to
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
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 2, 1994 Prev. Life of Contr. OpenOpen High Low
*LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 29, 1994Brent Crude Oil - (Dollars Per Barrel)
VENEZUELA MAY FURTHER OPEN OIL OUTPUT TO FOREIGN INVESTMENT
Knight-Ridder Financial |
Venezuelan oil authorities are planning to allow substantially more foreign investment in developing
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 2, 1994 Quotations are based on prices reported in the market or obtained from sup
SHAREHOLDERS SUE APC, SAY OFFICERS MISREPRESENTED FINANCIAL SITUATION
Journal of Commerce Staff |
American President Cos. is being sued by a group of shareholders who claim company officers conceale
Maritime
KANTOR CITES PROGRESS IN US-JAPAN TALKS
Knight-Ridder Financial |
U.S. Trade Representative Mickey Kantor said Monday the United States has made progress in talks wit
Maritime
DELAY IN ACTION AGAINST PIRACY UPSETS US FIRMS
Journal of Commerce Staff |
Industry has expressed disappointment at the White House announcement over the weekend delaying for
FARM SUBSIDIES EXPECTED TO SURVIVE GATT PACT
Tara Patel |
The global accord on agriculture struck as part of the Uruguay Round world- trade pact will not chan
Maritime
AUSTRALIAN INSURERS TURNING TO EQUITY MART TO FUND EXPANSION
Kevin Morrison |
Australian insurers, which control about A$110 billion (US$78.6 billion) in assets, are spreading th
TRADE TALK - MILAN RUZICKA THE WALLS HAVE EARS: PROTECTING SECRETS TAKES SOME DOING
Milan Ruzicka |
When James Forstner travels abroad on business, he is not a man at ease. He never leaves his
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
MALAYSIA'S TRADE SURPLUS DECLINED BY 12 PERCENT IN JANUARY
Knight-Ridder Financial |
Malaysia recorded a 343.9 million-ringgit ($132.3 million) trade surplus in January, down 12 percent
TRADE SLOWS BETWEEN CHINA AND TAIWAN
Knight-Ridder Financial |
Indirect trade between Taiwan and China totaled US$1.2 billion during the first two months of this y
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MORRISON KNUDSEN SEEKS TO SELL BARGEWASHINGTON - The Maritime Administration said Mo
Maritime
BRAZIL AIRLINES HEAT UP COMPETITION AT MIAMI
Ted Reed |
A Miami front has been established in the battle between Brazil's two biggest airlines. This
CLINTON PLANS TO REVAMP AIR TRAFFIC CONTROL
Reuters |
The Clinton administration has decided the U.S. air traffic control system is so "bureaucratically e
RHEIN SEES METAMORPHOSIS IN THE INTERMODAL BUSINESS
Rip Watson |
The intermodal business is making a significant shift from exclusive deals between carriers to an op
STRIKE OVER, MANY LTL SHIPPERS RETURN TO UNION CARRIERS
Gregory S. Johnson |
As Teamsters drivers climbed behind their wheels and dock workers streamed back to loading bays for
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
SAUDI CAPACITY CLOSINGS TO HIT 2 CRUDES
Knight-Ridder Financial |
Saudi Arabia's program of temporarily closing spare oil-production capacity will be concentrated mai
UNDERWATER SALT FORMATIONS HIDE OIL RESERVES IN GULF OF MEXICO
Associated Press |
Offshore oil drillers are seeing dollar signs under piles of salt in the Gulf of Mexico. New
NEW JERSEY UTILITY COMPANY TURNED ON BY COMPETITION
Arthur Gottschalk |
In the brave, newly competitive world of public utilities, some utilities will be more competitive t
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
STUDY: AIDS PATIENTS CAN BENEFIT FROM DRUGSYDNEY, Australia - High doses of the drug
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
ROCHE HOLDING TO BUY SYNTEX IN DEAL VALUED AT $5.3 BILLION
Knight-Ridder Financial |
Roche Holding Ltd. will acquire U.S. health-care services giant Syntex Corp. in a deal valued at $5.
STEEL INDUSTRY ENJOYS REVIVAL AS SUPPLIES TIGHTEN
Len Boselovic |
It took a long time, but demand has finally caught up with supply in the U.S. steel industry. As a r
GROUPE BOLLORE POSTS $62 MILLION LOSS FOR '93
Tara Patel |
Groupe Bollore Technologies of France, owners of the shipping company SCAC- Delmas-Vieljeux (SDV), a
Maritime
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