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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
CARRIER TO RAISE RATES ON ASIAN, S. AMERICAN ROUTES
Miriam Widman |
Only months after raising cargo rates on the North Atlantic, Lufthansa German Airlines has announced
BOARD SAYS STRIKE COST $100 MILLION IN GRAIN ALONE CANADA NAMES ARBITRATOR TO END DOCK DISPUTE
John Davies |
The recent 13-day longshoremen's strike in British Columbia will cost Canada $100 million in grain e
AMERICA'S CUP HALL OF FAME INDUCTS SEVEN
Journal of Commerce Staff |
Seven individuals were named last week to become the 1994 inductees to the America's CupHall of Fame
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
COLOMBIA TO SELL CRUDE OIL TO HAVANA ANALYSTS WONDER HOW CUBA WILL PAY
Mimi Whitefield |
Colombia will sell Cuba 15,000 to 20,000 barrels of crude oil a day under a politically and economic
GASOLINE PRICES
JOC Staff |
Feb. 25, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ARIZ., MEXICO'S SONORA LAUNCH PLAN TO DEVELOP BOTH SIDES OF BORDER
Kevin G. Hall |
Arizona and the Mexican state of Sonora have launched a first-of-its-kind, binational planning proce
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Friday Feb. 25, 1994 Prevailing sellers' posted prices at the close of business, representin
FAA MUST DECIDE FUTURE COURSE
Mark B. Solomon |
The Federal Aviation Administration is an agency that must decide what it will be in the future.
INSURANCE EARNINGS
Wire and Staff Reports |
AIG NET INCREASED FOR QUARTER, YEARNEW YORK - Fourth-quarter net income at American
LUKOIL ACTION PARES EXPORTERS OF CRUDE OIL IN RUSSIA TO 11
Grigori Gerenstein |
The Russian Foreign Economic Relations Ministry has reduced the number of Russian companies licensed
CATHAY LIFE OF TAIWAN RECORDS LEAP IN PROFITS
James Peng |
Taiwan's biggest life insurer, Cathay Life Insurance Co., stunned securities analysts Friday by repo
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
OLIN CORP. LOSES BID TO BLOCK SALE OF UNITSTAMFORD, Conn. - Olin Corp. said it has l
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