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HOUSE PANEL BACKS BILL TO BOOST US BANK ACCESS
Louisa Shepard Escobar |
The House Banking Committee Wednesday unanimously approved a measure that could block expansion in t
JARDINE DENIES REPORT IT WANTS TO DELIST FROM HONG KONG BOURSE
Reuters |
Hong Kong's oldest trading house, Jardine Matheson Holdings, denied Wednesday that it had told the l
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
CANADA JOINS GLOBAL PACT ON OIL SPILLS
Journal of Commerce Staff |
Canada has acceded to the International Convention on Oil Pollution Preparedness, Response and Coope
Maritime
MEXICAN TRANSPORT NEEDS WORK
Erich E. Toll |
Mexico is eager to do more business with its partners in the North American Free Trade Agreement, bu
MARTEN TRANSPORT LTD. REPORTS $1.2 MILLION IN NET INCOME
Journal of Commerce Staff |
Marten Transport Ltd., one of the nation's largest carriers of temperature- controlled freight, repo
BRITISH OPPOSITION SLOWS EU EXPANSION
Keith M. Rockwell |
European Union officials Wednesday were sharply critical of efforts by Britain and Spain to hold up
Maritime
DELTA SIGNS AGREEMENTS WITH VIETNAM AIR, VARIG
William Armbruster |
Delta Air Lines moved to strengthen its presence in Asia and Latin America this week bysigning a let
US, JAPAN MAKING PROGRESS ON CELLULAR PHONES, KANTOR SAYS
Gregory Wright |
U.S. Trade Representative Mickey Kantor Wednesday said the United States and Japan are making progre
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
UNISYS WILL WIDEN INVESTMENT IN CHINAUnisys Corp. of Bluebell, Pa., will strengthen its pres
Maritime
CROSS-GULF ROUTES MAY SPELL RELIEF RAIL, TRUCK LEADERS LOOK TO EASE BORDER CONGESTION
Gary Taylor |
How do you spell relief when land border-crossing congestion is the headache? Many rail and
TRADING WITH HONDURAS WIDE RANGE OF EXPORTS KEY TO GROWTH IN HONDURAS
Kenneth Wolf |
Honduras is banking on diversifying - both its export products and its export markets - to build up
Maritime
IRAN EXPECTED TO SUPPORT ROLLOVER OF OPEC CEILING
Mona Megalli |
Iran reluctantly will go along with a rollover of OPEC's 24.52 million- barrel-a-day ceiling into th
4 OIL COMPANIES SUE IN CALIFORNIA TO BLOCK DIESEL VARIANCE FOR TOSCO
Bill Mongelluzzo |
Four oil companies filed a petition asking the California Superior Court in Sacramento to set aside
BOOM IN BASE-METAL USE SEEN IN SOUTHEAST ASIA
Rajan Moses |
Booming Southeast Asian economies with expanding construction, telecommunication, packaging and elec
JUMP IN CORN PLANTINGS LIKELY TO BOOST FERTILIZER DEMAND
David Mace |
Strong corn prices amid the tightest U.S. stocks in nearly 20 years and a 0 percent set-aside will b
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 9, 1994 Prev. Life of Contr. OpenOpen High Low
OIL EXPORTS FOR EX-USSR EXPECTED TO HOLD STEADY
Knight-Ridder Financial |
Net oil exports from the former Soviet Union should remain steady at 1.8 million barrels a day in th
FRANCE, US DISAGREE ON STATUS OF FISH DISPUTE
Journal of Commerce Staff Report |
The confusion remains. French officials said Wednesday that the problems of fish inspections
COST OF CREDIT
JOC Staff |
Wednesday, March 9, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
INTER-AMERICAN BANK FUNDING STILL HINGES ON 2 KEY ISSUES
Journal of Commerce Staff |
The United States and more than 40 other countries failed this week to conclude negotiations for a $
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
PEOPLE - INSURANCE
Wire and Staff Reports |
HARTFORD STEAM BOILER (Hartford, Conn.) - John J. Kelley was named senior vice president and will co
SHIPPERS WIN OVERCHARGE CASE WITH JUDGE WOOTEN
Stephanie Nall |
Shippers continued their almost unbroken chain of recent court victories in the truck rate underchar
MEXICO'S PLAN TO SCUTTLE BUSINESS VISAS HAILED IN US
Kevin G. Hall |
A decision announced this week by Mexico to scrap costly business visas in favor of free 30-day busi
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US OFFERS $100 MILLION IN AID TO RUSSIAN FIRMSThe United States signed a $100 million agreem
Maritime
NAFTA OPENS DOOR TO MORE INTERMODAL
Rip Watson |
Transborder intermodal shipments between the United States and Mexico are expected to continue the s
HYUNDAI CHARTS COURSE FOR EXPANSION IN PACIFIC
John Davies |
Hyundai Merchant Marine, a rapidly growing South Korean container line, says its new string of ships
Maritime
FOREIGN INVESTMENT RISES IN PHILIPPINES
From Wire Reports |
Foreign equity investments in the Philippines were 3.3 billion pesos (US$119 million) in the first t
JAPANESE SHIPBUILDERS WITHSTAND SOUTH KOREAN SURGE, OFFICIAL SAYS
Mark Magnier |
The head of one of Japan's largest shipbuilders said the nation's shipbuilding industry remains stro
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
LOUISIANA BARGE FIRM SETTLES FMC CHARGESWASHINGTON - Bordelon Bros. Towing Co., of L
Maritime
OFFICIALS: CUSTOMS' PLAN IN NJ LACKS COORDINATION
Alan Abrams |
With less than a month remaining before U.S. Customs plans to centralize its northern New Jersey ins
Maritime
PROTEST GROUP CLEARS AID FOR CUBA AT MEXICO-US BORDER CROSSING
Kevin G. Hall |
Demonstrators against the U.S. trade embargo with Cuba cleared more than 150 tons of humanitarian ai
Maritime
API WEEKLY REPORT CRUDE INVENTORIES ROSE ON WEEK
Journal of Commerce Staff |
Crude petroleum inventories rose by 8.5 million barrels during the week ended Mar. 4 compared with t
CHINA'S ALUMINA GLUT MAY SLOW '94 IMPORTS
Bill Savadove |
China's overhanging supply of alumina and possible price cuts by domestic producers likely will put
PATH CLEARED FOR PRIVATE AIRLINE GROWTH IN INDIA
N. Vasuki Rao |
With legislation passed and government changes made, the stage is now set for rapid growth of India'
INDONESIA URGES OPEC TO CUT OUTPUT
Reuters |
Indonesia, under budget pressure after predicting a hefty 1993-94 deficit, Wednesday urged the Organ
CARGO THEFT DECREASED 40 PERCENT IN NEW JERSEY LAST YEAR
Peter M. Tirschwell |
The volume of stolen cargo in New Jersey last year plummeted 40 percent, the result of growing coope
Maritime
EX-US BASE SUBIC MAKING TRANSITION TO FREE-TRADE ZONE
Cecilia Quiambao |
Backed by tireless salesmanship, this vast former U.S. military outpost 50 miles from Manila is ging
Maritime
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