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STRAIGHT TALK - IRA ROSENFELD NEARLY 10 YEARS LATER, NS' TRUCKING UNIT TURNS THE CORNER
Ira Rosenfeld |
When the Norfolk Southern Corp. handed Pepsico Inc. $369 million for northAmerican Van Lines (NAVL)
CHEMICAL FIRM SETTLES RAIL-LEAK CASE
Reuters |
General Chemical Corp. will pay for a health-care center in a town hit by an acid leak at a company
JAPANESE MAY GRAB UPPER HAND IN VIETNAM LIFTING OF US BAN COULD SPEED MOVES INTO KEY INDUSTRIES
Mark Magnier |
This week's announcement of an imminent end to the U.S. embargo againstVietnam gives Japan t
TRANSPORT BRIEFS
Wire and Staff Reports |
MORRISON KNUDSEN BUYS COOLING-SYSTEMS MAKERBOISE, Idaho - Morrison Knudsen Corp. has
LYKES' ATLANTIC DECISION TIED TO LOST MILITARY PACTS
Peter M. Tirschwell |
Lykes Bros. Steamship Co. said its recent decision to begin a second North Atlantic service came aft
CNW KEEPS CAR RENTAL RATE DESPITE ICC REJECTION OF TARIFF
Journal of Commerce Staff |
Chicago & North Western Transportation Co.'s efforts to win Interstate Commerce Commission approval
MILLIONS IN AIRPORT FUNDS DIVERTED, REPORT SAYS
WILLIAM DiBENEDETTO |
Since 1982, several major airport authorities may have improperly funneled some $259 million in fede
LUFTHANSA RESTRUCTURING FACES HURDLE ON PENSIONS
Miriam Widman |
Lufthansa German Airline's supervisory board has unanimously approved a plan to spin off four busine
JOURNAL OF COMMERCE - FAST FACTS US WHEAT PRICES
Chicago Board of Trade |
No text.
INTERMODAL INDUSTRY SEEKS FUNDS TO STUDY CONTAINER USE
Rip Watson |
A group of intermodal truckers, marketers and lessors - trying to improve the flow of trailers and c
COST OF CREDIT
JOC Staff |
Wednesday, Feb. 2, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MASSACHUSETTS PANEL SLAMS DOUBLE-STACK RAIL PROPOSAL
Michael S. Lelyveld |
A Massachusetts plan to develop double-stack rail clearances hit a roadblock in the state Legislatur
NORTHWEST SLASHES AUSTRALIA SERVICES
William Armbruster |
Northwest Airlines is virtually pulling out of the Australian market but will be increasing its pass
TRANSPORT BRIEFS
Wire and Staff Reports |
DOT TO ANNOUNCE ALCOHOL-TEST RULESWASHINGTON - Secretary of Transportation Federico
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
AIRLINE SAYS FINANCING SECURED, SETS JUNE START FOR AFRICA SERVICE
William Armbruster |
After numerous fits and starts, USAfrica Airways says it has finally landed the financing that will
GASOLINE PRICES
JOC Staff |
Feb. 2, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
FRANCE MAY CANCEL SOME DEBT IN DEVALUATION-HIT AFRICAN ZONE
Associated Press |
The government Wednesday proposed canceling $4.23 billion of debt owed by African countries that rec
COAL CONSUMPTION SOARED IN DECEMBER AMONG SOUTH KOREAN POWER COMPANIES
Jean Yoon |
The amount of coal burned by South Korea's electric-power sector surged inDecember as four n
SAUDI ARABIA BOOSTS OIL PRICES
Knight-Ridder Financial |
Saudi Arabia Tuesday announced a rise in prices for March light, medium and heavy crude grades to Eu
ENERGY BRIEFS
From Wire and Staff Reports |
COLD SPURS INTEREST IN TEXAS GAS DRILLINGHOUSTON - The surge in U.S. natural gas dem
CHINESE IMPORTS OF OIL WILL SOAR, SENIOR OFFICIAL SAYS
P.T. Bangsberg |
China's imports of oil will rise enormously as demand increasingly outstrips supply, a senior offici
THE ECONOMY
Bureau of Labor Statistics; Knight-Ridder Tribune |
ECONOMIC INDICATORS Monthly percentchange DecemberCoincident index
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 2, 1994Brent Crude Oil - (Dollars Per Barrel)_
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 2, 1994 Prev. Life of Contr. OpenOpen High Low
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
JOC Staff |
Feb. 2, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
EXPORT ZONES' REVENUE UP 30 PERCENT IN PHILIPPINES
P.T. Bangsberg |
Export processing zones in the Philippines posted record revenues of US$2.17 billion last year, cont
FLA. UTILITIES DISPUTE TRANSMISSION TERMS
Richard Leong |
Florida Power & Light Co. and Florida Municipal Power Agency (FMPA) said they have submitted separat
FUTURES PRICES FOR GAS DECLINE
Knight-Ridder Financial |
Natural gas futures prices turned lower Wednesday after a lengthy rise. The heavily traded M
ENERGY BRIEFS
Wire and Staff Reports |
FORMOSA PLASTIC GROUP TO BUILD POWER PLANTTAIPEI, Taiwan - Formosa Plastic Group, th
COASTAL CORP. REBOUNDS FROM LAST YEAR'S LOSS
Houston Chronicle |
Riding on a strong fourth quarter, Coastal Corp. reported a $115.8 million profit for the year, comp
LG&E, DU PONT PLAN UPGRADE OF FIBER PLANTS
JOC Staff |
LG&E Power Inc. has reached a preliminary agreement with E.I. du Pont de Nemours & Co. to form a par
GERMAN GIANT'S TRADE WOES MAKE WAVES IN SWAP MART
Arthur Gottschalk |
Although the aftershocks are still rumbling through world financial markets, the effects of the trad
CHINA'S OUTPUT OF HOUSEHOLD APPLIANCES EXCEEDS NEED
P.T. Bangsberg |
Even as China announced the creation of a new air conditioning venture, official documents show subs
Maritime
US COMPANIES POISED FOR END OF EMBARGO ON VIETNAM
Richard Lawrence |
A growing number of U.S. businesses are positioning themselves to take advantage of the expected lif
DOLLAR STABLE IN QUIET TRADING AWAITING US, GERMAN MOVES
Susan Kelly |
The U.S. dollar was little changed in quiet, range-bound trading Wednesday. Traders said the
API WEEKLY REPORT DISTILLATE FUEL STOCKS FELL IN WEEK
Journal of Commerce Staff |
U.S. distillate fuel oil inventories fell by 7.7 million barrels during the week ended Jan. 21 compa
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -1.311/27 96.21/28 96.01/31 96
AEROSPATIALE FUNDS DON'T VIOLATE PACT, FRANCE SAYS
Tara Patel |
A 2 billion-franc ($340 million) cash injection to Aerospatiale, the troubled state-owned aeronautic
Maritime
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