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PHILADELPHIA, CAMDEN PORTS TO FORM EAST COAST FORCE BREAKBULK CARGO TO BE MAIN FOCUS
Alice Cantwell |
Unifying the once-rival ports of Philadelphia and Camden will create a strong competitor for cargo a
Maritime
HOUSE PANEL APPROVES BILL TO EXTEND LABOR LAWS
Journal of Commerce Staff |
A House labor panel Wednesday easily approved legislation extending U.S. labor laws to foreign ships
Maritime
E. AFRICAN CENTRAL BANKS AGREE TO FREE TRADE IN AREA CURRENCIES
Knight-Ridder Financial |
Central banks in Kenya, Uganda and Tanzania have agreed to allow free trade in their respective curr
THE ECONOMY
Bureau of Labor Statistics; Knight-Ridder Tribune |
Change (adjusted) Feb. Mar. Food -0.3% +0.1%Housing +0.4% +
ILLINOIS CENTRAL CORP. POSTS JUMP IN EARNINGS
Lawrence H Kaufman |
Illinois Central Corp., parent of Illinois Central Railroad, earned $27.7 million, or 65 cents a sha
JAPAN AIR FORCE PRANK CAUSES JET PROBLEMS
Reuters |
Japan's air force had to spend $960,000 to inspect training jets after a mechanic fiddled with canop
TRANSPORT BRIEFS
From Wire and Staff Reports |
UAL EXPECTS BUYOUT TO SAVE $8.2 BILLIONNEW YORK - UAL Corp., the parent company of U
AGRICULTURAL TRADE LEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
FOREIGN FIRMS SEE FORTUNE IN INDIA PHONE MARKET
N. Vasuki Rao |
The market for telephone instruments in India is headed for a shake-up, and it will provide good opp
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA EXPORTS GREW FASTER THAN IMPORTSChina's exports in the first quarter grew faster than
Maritime
MOBIL TO SIGN AGREEMENT TO SEEK OIL OFF VIETNAM
Associated Press |
Mobil Corp. said it will sign a contract to explore for oil off the southeast coast of Vietnam, beco
INDIA MAY EXPORT WHEAT AND RICE FOR FIRST TIME
Hari Ramachandran |
The Indian government is considering exporting wheat and rice for the first time, the head of its bi
FORMER USSR'S COPPER SALES POISED FOR A REBOUND IN US
Winston Williams |
Copper exports to the United States from the Commonwealth of Independent States are widely expected
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 222.63 up 0.50 which compares w
ILWU PRESIDENT PROMOTES PLAN TO BOOST TIES WITH ASIAN UNIONS
Bill Mongelluzzo |
West Coast longshoremen this week will develop a plan for going global in order to beat multinationa
Maritime
WORKER UNREST LEADS S. KOREA TO HALT HONDURAN INVESTMENT
Reuters |
South Koreans, alarmed by worker occupations of Asian-owned assembly plants in northern Honduras, ha
DISAPPOINTING MARCH SALES PUSH DOLLAR MOSTLY LOWER
Alan Zimmerman |
The U.S. dollar was mostly lower Wednesday, after news of weaker-than- expected U.S. retail sales da
JOBLESS RATE FALLS TO 17.9 PERCENT IN SPAIN
JOC Staff |
Spain's unemployment rate fell in March to 17.92 percent of the work forcefrom 18.01 percent
US, EUROPEANS REACH AGREEMENT ON PUBLIC WORKS
Keith M. Rockwell |
The United States and European Union reached an agreement on government contracts Wednesday that wou
TRANSPORT BRIEFS
From Wire and Staff Reports |
ICC WILL VOTE TUESDAY ON TWO RAILROAD CASESWASHINGTON - The Interstate Commerce Comm
EMPTY CONTAINERS, HIGH COSTS CONTINUE TO BURDEN CARRIERS
Janet Porter |
The repositioning of empty containers remains a serious headache for liner shipping companies, which
Maritime
TRANSAMERICA SELLS STAKE IN UK'S SEDGWICK GROUP
Knight-Ridder Financial |
Transamerica Corp. sold its entire 21 percent stake in London-based Sedgwick Group PLC, as part of i
GASOLINE PRICES
JOC Staff |
Apr. 13, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
COMPAQ TO DOUBLE SINGAPORE UNIT'S SIZE
Associated Press |
Compaq Computer plans to spend $50 million to double the size of its Singapore factory by 1996.<
Maritime
RUSSIAN CUSTOMS, FIRM NEAR DEAL ON OIL PAYMENT
Grigori Gerenstein |
The Russian Customs Committee and state oil producer Rosneft Wednesday appeared to be on the way to
DREDGING DELAYS PROVE COSTLY FOR RICHMOND PORT INTERESTS
Alice Cantwell |
The operator of the Port of Richmond, Va., and the port's largest shipping line lost more than $335,
Maritime
INDUSTRY BACKS LEGISLATION TO SPUR CRUISE INDUSTRY
Journal of Commerce Staff |
U.S. port, labor, and cruise interests Wednesday lined up in support of legislation designed to spur
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
US EXECUTIVES IN RUSSIA PROTEST PLAN FOR 23 PERCENT INVESTMENT TAX
Reuters |
U.S. business executives in Moscow protested an anticipated, and much feared, 23 percent capital inv
TEAMSTERS INDICATE WILLINGNESS TO COMPROMISE ON CONTRACT
Rip Watson |
The Teamsters' strike against less-than-truckload carriers enters its ninth day today with the first
2 CLINTON AIDES QUIETLY MOVE TO REASSURE CONGRESS ON CHINA
John Maggs |
In response to congressional concern that U.S.-China trade policy is spinning out of control in the
SHIP'S CREW DETAINS ROMANIAN STOWAWAYS SEA-LAND VESSEL DUE TO ARRIVE IN BOSTON TODAY
Michael S. Lelyveld |
At least 16 stowaways have been discovered in the mid-Atlantic aboard a containership due to dock in
PEOPLE - MARITIME
From Wire and Staff Reports |
CLARK & ATCHESON (New York) - Richard J. Reisert was named a partner at this maritime law firm. He w
Maritime
INSIDE TALK - LARRY KAUFMAN RAIL-SHIPPER DISPUTE ON GRAIN CAR SUPPLY EMBROILS ICC AGAIN
Larry Kaufman |
The Interstate Commerce Commission is grappling once again with the issue of railroad grain car supp
INDUSTRIES FIGHT BACK AGAINST PIRACY US CONTINUES POLICY DEBATE
Milan Ruzicka |
U.S. industries, besieged by thieves, ripped off by copycat artists and technology pirates, are taki
WASTE MOVERS HAIL VENTURE BETWEEN GATX, LESSOR
Gregory S. Johnson |
In a move endorsed by industry observers, GATX Capital Corp. on Tuesday signed a joint-venture deal
ENERGY BRIEFS
From Wire and Staff Reports |
CHINA BUYS COAL GEAR FROM JAPAN'S TOMENBEIJING - China National Technical Import & E
US, EU PURSUE PROCUREMENT DEAL AS OFFICIALS GATHER FOR GATT SIGNING
Keith M. Rockwell |
The United States and European Union edged closer to a deal on public procurement Tuesday, but faile
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
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