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DUTCH SURPLUS HITS $8.28 BILLION
Knight-Ridder Financial |
The Netherlands posted a 16 billion-guilder (US$8.28 billion) trade surplusfrom January to S
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
SURVEY SAYS CZECH FIRMS ARE READY TO COMPETE
Michele Kayal |
More than half of the largest Czech companies have made it through ''restructuring 101" and are gear
Maritime
US, EUROPEAN FIRMS COURTED FOR PHILIPPINE PHONE PROJECT
Cecilia Quiambao |
A Philippine firm said it is inviting three of the United States' "Baby Bell" companies and several
Maritime
LETTERS
JOC Staff |
American Objects to Sinner Label To the Editor:Needless to say, I was extremely disappointed
RUSSIAN PIPELINE COMPANY CUTS CRUDE INTAKE FROM PRODUCERS
Grigori Gerenstein |
Transneft, the Russian state pipeline company, is taking reduced amounts of crude from producers bec
MARYLAND'S SENATE APPROVES MENTAL HEALTH PARITY COMPROMISE
Associated Press |
Without debate, the Maryland Senate approved a bill this week that is aimed at ending a court disput
CANADA ANGRY AT US AGAIN, THIS TIME OVER URANIUM
Leo Ryan |
Canada has lodged a strong protest in Washington over a new U.S.-Russia uranium deal, saying it thre
PORT HUENEME JUICES UP COOL CARRIERS' CITRUS TRADE
Bill Mongelluzzo |
Port Hueneme, which just opened an $11 million refrigerated terminal, expects to more than triple it
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 25, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
DENVER MAYOR REJECTS CALL FOR DELAY OF AIRPORT
From Wire and Staff Reports |
Denver Mayor Wellington Webb has rejected a recommendation by a city engineer that the scheduled Mar
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
COST OF CREDIT
JOC Staff |
Friday, Feb. 25, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 25, 1994 Prev. Life of Contr. OpenOpen High Low
HONG KONG SHIFT TO SERVICES UNDERCUTS MANUFACTURING
Gene Linn |
Hong Kong's manufacturing sector is continuing its decline, with little indication when - or - if t
Maritime
TRADERS SAY INTEREST-RATE FEARS ARE ERODING CONFIDENCE IN DOLLAR
Gordon Platt |
Foreign exchange traders and analysts said a spreading loss of confidence in the U.S. dollar reflect
MAN PERISHES IN ICY RIVER AFTER SLIPPING OFF BARGE
Journal of Commerce Staff |
Two deckhands slipped from an icy barge on the Illinois River and plunged into the water last week.<
ASIAN BOOM MAY AID AIRBUS IN PLAN FOR SUPER-JUMBO JET
Reuters |
Growing demand for large aircraft, particularly from booming Asia-Pacific nations, would justify dev
Transport, Trade and Regulation News
BOXSHIP LINES HOPE TO ESCAPE FALLOUT FROM UK-MALAYSIA ROW
Janet Porter |
The row between Malaysia and Britain over bribery allegations could hit container shipping services
INSURANCE BRIEFS
Wire and Staff Reports |
METROPOLITAN TO PAY PA. FINE FOR DECEPTIONNEW YORK - Metropolitan Life Insurance Co.
MCDONNELL DOUGLAS EAGER TO NEGOTIATE SAUDI DEAL
St. Louis Post-Dispatch |
McDonnell Douglas Corp. is optimistic heading into final negotiations with Saudi Arabia on a $6 bill
Transport, Trade and Regulation News
US OFFICIALS DOUBT JAPAN PACKAGE WILL MEET NEEDS
Mark Magnier |
Japan has set a March 31 deadline to develop a package of market-opening measures, but U.S. official
Maritime
FEDEX CHIEF BAFFLES CRITICS
Mark Solomon |
"Reports of My Death Have Been Greatly Exaggerated . . ." - Mark Twain, 1897. Frederick W. Smith has
RUSSIAN NUCLEAR STATIONS FACE POSSIBLE SHUTDOWN
Knight-Ridder Financial |
Some of Russia's nuclear power stations cannot afford to pay for fuel and may be forced to shut down
JOURNAL OF COMMERCE - FAST FACTS US MACHINE TOOL ORDERS
Association for Manufacturing Technology, McLean, Va. |
January In millions of dollars1993 1994Net New Orders 175.6 356.1Sh
2 LINES STEP UP ATTACK ON BA-USAIR AGREEMENT
William Armbruster |
Delta Air Lines and American Airlines stepped up their attack last week on the alliancebetween Briti
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Feb. 19, total piggyback freight hauled on the nation's major railroads equaled 1
INCOMING SHIPS TO PAY FEES FOR S. CALIF. TRAFFIC CONTROL
Bill Mongelluzzo |
The nation's first fee-based, vessel-traffic system will start Tuesday, with vessels entering the Lo
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AKZO SALT INC. (Clarks Summit, Pa.) - Harry A. Burns was named president of this salt shipper and su
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 228.38 up 0.91 which compares
BALTIC FREIGHT INDEX
JOC Staff |
1117 (Feb. 25, 1994) Previous day - 1120 The Baltic International Freight Futures Market in
Maritime
DISTRICT 1/MEBA OFFICIAL PLEADS GUILTY IN FRAUD CASE
Tim Shorrock |
Daniel Colon, an official of District 1/Marine Engineers Beneficial Association, has pleaded guilty
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
NIGERIA TO SUPPLY GASOLINE TO UKRAINEMOSCOW - Ukraine has signed a contract with Nig
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 25, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ON THE EDGE - CHARLES THURSTON LTL CARRIERS INCREASE USE OF EDI SYSTEMS
Charles Thurston |
LTL carriers increased their use of EDI systems in 1993 for client payments and payment remittance n
DENVER AIRPORT A SPRINGBOARD FOR PENA
_ Erich E. Toll |
When Federico Pena pushed determinedly for the new Denver International Airport in the mid-1980s, th
ENERGY BRIEFS
From Wire and Staff Reports |
ROYAL DUTCH/SHELL PLANS BULGARIAN EXPANSIONSOFIA, Bulgaria - Royal Dutch/Shell Group
CHINA'S UNION DRIVE WILL HELP FOREIGN VENTURES, EXPERT SAYS
P.T. Bangsberg |
A new drive by China to foster the spread of unions in foreign-funded companies is causing alarm, ma
ASIAN SHORTAGE MAY SLOW TAIWAN'S COPPER IMPORTS
Knight-Ridder Financial |
Taiwan may have difficulty importing as much copper this year as it did in 1993 due to a growing sho
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