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NEW YORK AREA AIRPORTS HANDLE 6.9 PERCENT MORE CARGO
William Armbruster |
Air-cargo volume at the three New York area airports rose 6.9 percent last year to a record 2.154 mi
TRANSPORT BRIEFS
Wire and Staff Reports |
EXEL STARTS SYSTEM FOR CHRYSLER DELIVERIESCOLUMBUS, Ohio - Exel Logistics North Amer
OECD CALLS AUSTRALIA'S ECONOMIC FUTURE "RELATIVELY BRIGHT'
Reuters |
Australia's proximity to the booming Asian economies, coupled with its natural resources, low inflat
Maritime
RUSSIAN FARMS FACE FUEL SHORTAGES
Grigori Gerenstein |
Russia's upcoming spring planting may be undermined by fuel shortages as domestic oil producers insi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 6, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
LABOR'S MCATEER VOWS TO CUT MINE DEATHS
Martha Bryson Hodel |
Davitt McAteer was sworn in last month as assistant secretary of labor for mine safety and health af
MASSPORT, FIRMS TEAM UP TO IMPROVE POLISH WATER
Michael S. Lelyveld |
The Massachusetts Port Authority is joining with a group of environmental companies and the Polish g
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
ALGERIA LIKELY TO ADOPT DRAFT PRIVATIZATION BILLALGIERS, Algeria - Algeria's governm
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
STEVEDORES SUE ARGENTINA AFTER PRIVATIZATION SNUB
Paula L. Green |
An Argentine stevedore consortium that was locked out of the port privatization process still is fig
Maritime
WASHINGTON PORT GROUP SUPPORTS CLEANUP LAW
Journal of Commerce Staff |
A Washington port group is supporting a new state law that provides for the cleanup and reuse of con
Maritime
CHINA IRON ORE DEMAND MAY DRIVE CARGO RATES UP AGAIN, ANALYSTS SAY
Janet Porter |
Chinese demand for iron one, which dramatically affected shipping markets last year, may again deter
Maritime
AIR FRANCE HEAD BETS JOB ON PASSAGE OF RESCUE PLAN
Tara Patel |
Christian Blanc, president of the state-owned carrier Air France, is poised to resign if he fails to
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
US OFFICIAL DOWNPLAYS PROSPECT OF US-EU TRADE WAR ON BEEF
Simon Hall |
A U.S. official this week played down the prospect of a major trade clash in the near future due to
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
SAUDI BANKS POST DROP IN FOREIGN RESERVESRIYADH, Saudi Arabia - Foreign exchange res
Maritime
SOUTH KOREAN OPENNESS DRAWS PRAISE AT MEETING
George F.W. Telfer |
South Korea's opening of its rice market to some imports in the recently concluded world trade negot
Maritime
CHEVRON INTERNATIONAL SELLS SHARES IN NIGERIAN JOINT VENTURES
JOC Staff |
Chevron International Oil Co. said it has sold its shares in two joint ventures with Nigerian Nation
CHINA SAYS ECONOMIC REFORMS SPARK UNEMPLOYMENT CRISIS
Reuters |
China admitted to an extremely serious unemployment problem Wednesday, saying that moves away from t
Maritime
OPEC PLANS TO EXPOSE PRODUCTION QUOTA CHEATERS
Reuters |
OPEC states that weaken the oil market by cheating on their production quotas could face the embarra
FARMERS GROUP RATING UNDER REVIEW BY BEST
JOC Staff |
A.M. Best placed the "A" rating under review for 14 insurers that comprise the Farmers Insurance Gro
BALTIC FREIGHT INDEX
JOC Staff |
1212 (Apr. 6, 1994) Previous day - 1208 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Apr. 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
NORWEGIAN TANKER AWAITS COAST GUARD OKBOSTON - A Norwegian tanker was awaiting Coast
Maritime
DOCKERS HONOR TEAMSTERS PICKET LINES, IDLE WEST COAST SEA-LAND TERMINALS
Journal of Commerce Staff |
Teamsters drivers Wednesday picketed the Sea-Land Service Inc. terminals in Long Beach and Tacoma an
ANALYSTS SEE LITTLE CHANCE EITHER SIDE WILL YIELD SOON
Lawrence H Kaufman |
Securities analysts said they expect a long strike by the International Brotherhood of Teamsters aga
SOME INDEPENDENTS VOICE SUPPORT FOR STRIKE
Gregory S. Johnson |
Independent truckers refueling at stops along the east coast of Florida before dawn were weighing th
AUSTRIAN PRICES UP 0.2 PERCENT IN MARCH
Knight-Ridder Financial |
Austrian wholesale prices rose by 0.2 percent in March from February and rose by 0.4 percent on the
ALEX CHAMBERLAIN DIES AT 93, WAS ASHLAND OIL EXECUTIVE
Associated Press |
Alex S. Chamberlain, a former vice president of Ashland Oil Inc. and a pioneer in Kentucky waterway
Maritime
MEXICO'S PACT WITH COSTA RICA MAY OPEN DOOR TO OTHER DEALS
Kevin G. Hall |
The formal signing this week of a free-trade pact between Mexico and Costa Rica is expected to be th
Maritime
70,000 METAL BUNK BEDS RECALLED BY FOUR IMPORTERS OVER DEFECTS
Associated Press |
Nearly 70,000 metal bunk beds that could collapse in use are being recalled by four importers, the C
DOLLAR RISES AS TRADERS WATCH STOCK, BOND MARKETS
Alan Zimmerman |
The U.S. dollar rose slightly against the yen Wednesday and was little changed against other currenc
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
VOLVO TO GET BACK TO BASICS, NEW CHIEF SAYS
Reuters |
Swedish industrial group Volvo AB, stung by its failed marriage with French carmaker Renault, said W
BARRIERS IMPEDE RICE IMPORTS IN HONDURAS, REPORT SAYS
Knight-Ridder Financial |
Honduras' trade barriers block or delay rice imports and are inconsistent with the country's interna
Maritime
CUSTOMS DISCRIMINATION SUIT AWAITS US JUDGE'S DECISION AGENCY ACCUSED OF AGE, RACE BIAS
Brian Johns |
A U.S. District Court here heard closing arguments last week in an age- and race-discrimination suit
Maritime
MEXICAN BAKERY LEAVENS INTERNATIONAL MARKETS
Jane Bussey |
With its 12,000 delivery routes and its network of 47 bakeries nationwide, Grupo Industrial Bimbo st
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
AMMONIA PRICE RISES FOR 2ND WEEK IN A ROWAn apparent buying surge for anhydrous ammo
BATH IRON WORKS GETS FUNDS FOR MODERNIZATION OF YARD
Journal of Commerce Staff |
The Maritime Administration announced Tuesday it will provide $4.5 million over two years to help Ba
Maritime
KOCH FACES A RAFT OF LEGAL ISSUES IN HIS NEW POSITION AT SEA-LAND
Peter M. Tirschwell |
Christopher L. Koch, a former chairman of the Federal Maritime Commission who joined Sea-Land Servic
Maritime
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