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MARITIME BRIEFS
From Wire and Staff Reports |
GALVESTON MAKES ROOM FOR BIGGER SHIPSGALVESTON, Texas - The Port of Galveston can ac
Maritime
WARM WEATHER TO AGGRAVATE DRIVER DEARTH, TRUCKERS SAY
Gregory S. Johnson |
While winter storms are upsetting trucking schedules now, industry leaders say warmer weather will a
DAMAGE CLAIMS MAY SOAR IN UPS-TEAMSTERS BATTLE
Mark B. Solomon |
United Parcel Service's request for punitive damages from the Teamsters union in retaliation for the
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 10, 1994 Quotations are based on prices reported in the market or obtained from s
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COFFEE GROUP REVIEWS AGREEMENT CLAUSESA small draft committee of the International Coffee Or
...AS NON-TAA LINES BOOST THEIR RATES WESTBOUND
Janet Porter |
European shippers are braced for an increase in westbound trans-Atlantic freight rates charged by in
FLORIDA RESEARCHERS UNEARTH NEW WAY TO MANUFACTURE CANCER-FIGHTING DRUG
Jane Sutton |
Taxol, an important anti-cancer drug, can now be manufactured in a laboratory using camphor and othe
US PESTICIDE EXPORT TRENDS
SOURCE: Adapted from Global Trade Information Services, |
Millions of dollars, January through October PercentChange 1993 1992GROWING ROLE
MALAYSIA AID COULD PROVE NEW CRISIS FOR UK'S MAJOR
Paul Majendie |
British Prime Minister John Major, already caught up in a dispute over arms sales to Iraq, faces a p
MEXICO INSURANCE CLOSE AS OPIC TALKS PROGRESS
Richard Lawrence |
The U.S. government has begun talks with Mexico that could lead to its insuring U.S. investors in Me
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +0.482/4 96.7 2/7 96.5 2/8 96.6
PEOPLE - INSURANCE
Wire and Staff Reports |
MARSH & McLENNAN COS. (New York) - Robert Clements was named chairman and chief executive of subsidi
SEDGWICK JAMES' VICE PRESIDENT NAMED TO HEAD MINET UNIT
Janet Aschkenasy |
C. Richard Peterson, executive vice president of Sedgwick James Inc., confirmed Thursday that he is
BATTLE BREWS ON CHANGES TO CALIF. INSURANCE LAW
Steve Lawrence |
A Democratic lawmaker and several consumer groups say they'll try to reverse a "death-by-a-thousand-
US COAL PRODUCERS URGED TO TAKE CONTROL OF TRANSPORT COSTS
George F.W. Telfer |
American coal producers and exporters should join the "shippers' revolt" against U.S. government reg
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 10, 1994 Prevailing sellers' posted prices at the close of business, represent
BP CLIMBS BACK INTO THE BLACK
Reuters |
British Petroleum PLC, one of the world's largest oil companies, said Thursday it had returned to pr
ZINC PRICES SINK AS EUROPEANS SUSPEND TALKS
Knight-Ridder Financial |
Zinc prices lost further ground Thursday on confirmation by Eurometaux, the European nonferrous meta
SPOT COMMODITIES
JOC Staff |
Feb. 10, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
MARITIME CALENDAR
JOC Staff |
Society of Naval Architects and Marine Engineers. Feb. 15. New York. 5 p.m. social hour, dinner and
Maritime
IMPORT ABCS - DONALD L. FISCHER ESQ. PROPER RECORD-KEEPING KEY TO COMPLIANCE ON CUSTOMS
Donald L. Fischer Esq. |
Customs regulations require comprehensive record-keeping pertaining to importation and related busin
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
RUSSIANS INVITED TO FEB. 26 G-7 TALKSBONN, Germany - Russia's acting Finance Ministe
Maritime
COURT STRIPS PROTECTION FOR BANKS IN CLEANUPS
Margo D. Beller |
A recent decision by the U.S. Court of Appeals could lead banks to require some borrowers to purchas
CHIEF'S EXIT UNLIKELY TO SLOW BURLINGTON AIR
William Armbruster |
Burlington Air Express should continue its upward flight despite the surprise resignation Wednesday
MASSPORT IS CRITICIZED OVER DREDGING DELAY
Michael S. Lelyveld |
After waiting years for the dredging of Boston harbor, leaders of the shipping community have become
Maritime
BRIDGESTONE TAPS EMERY AS KEY SPECIALTY TIRES CARRIER
JOC Staff |
Emery Worldwide said Bridgestone/Firestone Tire Co. has chosen it as the primary carrier for an expe
DOCUMENT MAY DEFLECT OVERWEIGHT-BOX FINES
Bill Mongelluzzo |
Trucking interests say requiring cargo owners to give their drivers documentation listing the gross
SP, WISCONSIN CENTRAL CLINCH IRON ORE PACT
Lawrence H Kaufman |
Southern Pacific Lines and Wisconsin Central Ltd. have captured a $40 million- a-year contract to ha
PENA: INTERMODAL COOPERATION IS KEY TO SAFETY
Journal of Commerce Staff |
Intermodal cooperation is as important to improving safety as it is to improving efficiency, Transpo
TRANSPORT BRIEFS
From Wire and Staff Reports |
SAS SELLS ITS STAKE IN CHILEAN CARRIERSANTIAGO, Chile - Scandinavian Airlines System
REPORT ON GAS STORAGE CALLED BULLISH FOR PRICES
Knight-Ridder Financial |
The American Gas Association data showing a 12.5 percent drop in U.S. working natural gas storage la
COST OF CANADA STRIKE RISES AS DOCKERS TACKLE BACKLOG
John Davies |
Estimated costs of a British Columbia waterfront strike rose above US$15 million (C$20.1 million) Th
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Feb. 10, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DIAMOND V MILLS INC.
Kenneth Wolf |
Diamond V Mills, a third-generation family-owned manufacturer of ingredients for animal feed, carefu
Maritime
SHAKY STEEL PLAN TO BE SUBJECT OF EUROPE TALKS
Bruce Barnard |
European steelmakers will meet in a special session Saturday to discuss a faltering restructuring pl
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
TRANSPORT BRIEFS
From Wire and Staff Reports |
AER LINGUS PROTESTS RAID BY EU OFFICIALSBRUSSELS - Aer Lingus, Ireland's national ai
EPA SAYS DECISION IMMINENT ON NJ'S FUEL WAIVER REQUEST
Leonard J. Hollie |
The U.S. Environmental Protection Agency Thursday said a decision is ''imminent" on New Jersey's req
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIAN CRUDE EXPORTS DECLINED IN JANUARYMOSCOW - Russian crude exports in January t
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 10, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
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