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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
US RAILROADS REMAIN OPTIMISTIC ON TRADE WITH MEXICO
Lawrence H Kaufman |
While growing trade with Mexico has brought increasing traffic for U.S. railroads that connect with
FEW BIG CHANGES SEEN FOR TRUCKING IN '94
Gregory S. Johnson |
Trucking across the U.S.-Mexico border will likely remain unchanged throughout 1994, as U.S. motor c
INTRA-LATIN AMERICAN AGREEMENTS COULD LEAD TO BOOM
Kevin G. Hall |
In the late 1960s, attempts were made to forge a Latin American Free-Trade Agreement, or Lafta.<
HOUSE PANEL MEMBER SEEKS HEARINGS ON CHANGES IN ANTITRUST EXEMPTION
Margo D. Beller |
The House Judiciary Committee's ranking Republican has called for hearings on a new plan to reform t
AT&T WINS $10 MILLION PHILIPPINE SWITCH DEAL
Cecilia Quiambao |
One of the Philippines' feisty companies battling to upgrade the country's inadequate telecommunicat
Maritime
AIR CARGO BUSINESS SOARS IN CENTRAL, SOUTH AMERICA
Kevin G. Hall |
Emerging from civil war, debt and the lost decade of the 1980s, Central and South American nations h
ORDERING SLUMP HITS VLCC PRICES
Journal of Commerce Staff |
A slump in new ordering activity continues to push down the price of supertankers. The cost
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +2.093/3 96.7 3/4 96.7 3/7 96.2
COAL DROVE REBOUND IN RAIL CARGO IN FEBRUARY
Lawrence H Kaufman |
America's railroads, slowed by winter storms in January, have returned to the fast track with carloa
EMPLOYMENT INDEX RISES IN AUSTRALIA
Knight-Ridder Financial |
The Australian government's leading indicator of employment rose in January, the Department of Emplo
TRUCKERS FORMULATE PLANS TO STOP THEFT, HIJACKINGS
Bill Mongelluzzo |
Hijackings and cargo thefts are becoming so commonplace that motor carriers nationwide are developin
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