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FREIGHT RATE FUTURES
JOC Staff |
Mar. 4, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
KLM TRAFFIC INCREASED BY 17 PERCENT IN FEBRUARY
Associated Press |
KLM Royal Dutch Airlines Friday announced that its total airline traffic in February was 17 percent
RUSSIAN PREMIER BACKS REFORMS, RULES OUT MAJOR POLICY CHANGES
Knight-Ridder Financial |
Russia's Prime Minister Victor Chernomyrdin Friday reaffirmed his commitment to economic reforms whi
Maritime
TRADE SURPLUS JUMPS IN TAIWAN
Knight-Ridder Financial |
Taiwan's trade surplus reached $200 million in February, surging 242.1 percent from a year earlier,
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 4, 1994 Prev. Life of Contr. OpenOpen High Low
DAILY PETROLEUM PRICES
JOC Staff |
Friday Mar. 4, 1994 Prevailing sellers' posted prices at the close of business, representing
DEADLINE SET FOR ACTION ON PRODUCT LIABILITY LAWS
Journal of Commerce Staff |
Changes in general product liability laws are more probable now that the Senate has given its judici
ENVIRONMENTALISTS, WEAK DEMAND PUT PRESSURE ON HYDRO-QUEBEC
Deborah Charles |
Hydro-Quebec is running into problems from falling demand and rising pressurefrom environmen
US RICE GROWERS SET TO PARTICIPATE IN JAPAN FOOD EXPO
Brian Johns |
A rice purveyor is one of nearly a dozen California companies participating in Asia's largest food a
Maritime
COMPUTERS SLOWLY ERODING DISPATCH JOBS AT RAILROADS
Michael Arndt |
Five years ago, Norfolk Southern needed three facilities and 49 employees to route trains through it
Transport, Trade and Regulation News
AMOCO UNIT TO WITHDRAW FROM MYANMAR THIS YEAR
John N. Maclean |
Amoco Production Co., the exploration arm of Amoco Corp., said it intends to pull out of Myanmar, fo
JOFC INDEX MATCHES YEAR HIGH, POINTING TO CONTINUED INFLATION
Howard Simon |
The Journal of Commerce Industrial Price Index, a leading indicator of inflation, equaled the year's
MARITIME BRIEFS
From Wire and Staff Reports |
MAERSK LINE STARTS NEW CONTAINERIZED RUNMADISON, N.J. - Maersk Line said it is starting a fu
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
No text.
Maritime
CREDIT SUISSE POSTS 53 PERCENT GAIN IN PROFIT
Reuters |
Credit Suisse reported a 53 percent jump in 1993 group after-tax profits Friday, to 1.46 billion Swi
SHIPPER DISSATISFACTION GROWS IN LATIN SERVICE, EXECUTIVE SAYS
Craig Dunlap |
Rate-setting shipping conferences are growing stronger in the trade routes between the United States
Maritime
RATINGS FIRMS: SURPLUS NOTES AREN'T A RELIABLE MEASURE
Margo D. Beller |
Rating agencies including Moody's Investors Service and Standard & Poor's are warning that surplus n
SALES SOAR AS LPG CATCHES ON IN CHINA
Jacqueline Wong |
Chinese imports of liquefied petroleum gas (LPG) have surged in the last five months and suppliers a
OHIO STORM CLAIMS TOTAL $40 MILLION
Associated Press |
Winter storms during the first two months of 1994 resulted in about $40 million of insurance claims
SEA-LAND TO CHARTER 3 VESSELS FOR CENTRAL AMERICA SERVICE
Journal of Commerce Staff |
A chartering agent representing Sea-Land Service Inc. said Friday the carrier will charter three ves
SWISSAIR, ILFC SIGN $350 MILLION LEASE DEAL
Journal of Commerce Staff |
International Lease Finance Corp. (ILFC) and Swissair announced last week that they have signed a $3
Transport, Trade and Regulation News
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 4, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
TRADE BRIEFS
Wire and Staff Reports |
JAPAN TO LET BIG BANKS ADD SECURITIES ARMSTOKYO - Japan's Ministry of Finance unveil
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 3, 1994 Quotations are based on prices reported in the market or obtained from su
BALTIC FREIGHT INDEX
JOC Staff |
1112 (Mar. 3, 1994) Previous day - 1115 The Baltic International Freight Futures Market in L
Maritime
AMSOUTH BANK NA
Kenneth Wolf |
Banks brag about how far out of their way they will go for their customers. Having personally led th
Maritime
MEXICAN AGENCY REJECTS PORK DUMPING PETITION
Kevin G. Hall |
Mexico's commerce agency rejected a petition from Mexican pork producers to launch an anti-dumping i
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SEA LAW - PETER D. CLARK APPEALS COURT CLARIFIES STATUS OF MARITIME LIENS
Peter D. Clark |
A maritime lien is a unique security device recognized only in admiralty law. It creates anon-posses
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 3, 1994 Prev. Life of Contr. OpenOpen High Low
DOW INKS COMPUTER PACT WITH CRAY
JOC Staff |
Dow Chemical Co., Midland, Mich., will collaborate with Cray Research Inc. over the next three years
ALUMINUM TRADERS DOUBT RUSSIA'S COMMITMENTS
Roberta C. Yafie |
Despite a liberal sprinkling of optimism about the prospects for global aluminum supply-demand balan
INSURANCE BRIEFS
From Wire and Staff Reports |
TRAVELERS STOCK GETS 'A2' MOODY'S RATINGMoody's Investors Service assigned an "A2" preferred
US REPRISALS AGAINST FRANCE COULD COME BY NEXT WEEK
Richard Lawrence |
The United States will retaliate against France by early next week if it continues to detain fish at
MARITIME BRIEFS
From Wire and Staff Reports |
SURCHARGE TO BE CUT IN JAPANESE TRADETOKYO - The yen appreciation surcharge for ship
Maritime
US COAL FIRMS HIT STALEMATE IN NEGOTIATIONS WITH JAPANESE
Arthur Gottschalk |
Contract talks between U.S. coal producers and Japanese steelmakers have stalled over prices, with t
ICC MAY FACE NEW THREAT OF ELIMINATION
Stephanie Nall |
The head of the Interstate Commerce Commission was put on notice this week by two House members to b
TOKYO ASKS NORTHWEST TO CONDUCT SAFETY REVIEW
Reuters |
Japan's Transport Ministry took the unusual step Thursday of asking Northwest Airlines to review its
CORRECTION
JOC Staff |
The report headlined "Non-Union Truckers" Flexibility Attracts N. American Shippers," which appeared
MORRISON KNUDSEN PLANS TO SELL STOCK IN LOCOMOTIVE-MANUFACTURING BUSINESS
Lawrence H Kaufman |
Morrison Knudsen Corp. plans to sell 42 percent of its locomotive business to the public in an initi
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