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EU MINISTERS TO DEBATE AVIATION REPORT TODAY
Bruce Barnard |
The European Union will be deeply split today when its 12 transport ministers respond to a radical r
BRIDGE TO FOLLOW PATH OF PREDECESSOR IN NC
Associated Press |
The North Carolina State Transportation Department will not make the same mistakes if a replacement
Transport, Trade and Regulation News
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 4, 1994 Prev. Life of Contr. OpenOpen High Low
GASOLINE PRICES
JOC Staff |
Feb. 4, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
GATT APPLAUDS AUSTRALIA, SEES ROOM TO IMPROVE
John Zarocostas |
The world trading community has given Australia high marks for sticking with major economic reforms
Maritime
WHITE HOUSE TO EASE ENCRYPTION EXPORT RULES
Richard Lawrence |
The Clinton administration announced Friday accelerated licensing procedures aimed at promoting U.S.
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 4, 1994 Quotations are based on prices reported in the market or obtained from su
SNOW, DOCK STRIKE STYMIE GRAIN CARGOES AT CANADIAN PORT
Yuko Enomoto |
Up to 140,000 metric tons of Canadian wheat and barley that Japan booked for January shipment were l
DEAL TO BUY CRUISE LINES COLLAPSES
Associated Press |
AEA Investors Inc. has decided against purchasing Royal Viking Line and Royal Cruise Line, two of Kl
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
SEA-LAND, TRANSROLL ADD 2 SHIPS TO RUNLIBERTY CORNER, N.J. - Two vessels have been added to
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 4, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ALABAMA MAN IS CHARGED WITH WORKERS COMP FRAUD
Associated Press |
An Alabama insurance consultant has been charged with defrauding a special state workers compensatio
TRADE BRIEFS
From Wire and Staff Reports |
ADMINISTRATION UNVEILS NEW FOREIGN AID PLANWASHINGTON - The Clinton administration's
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
GALES, RAINS, BLIZZARDS WREAK HOVOC IN BRITAINLONDON - Gales, torrential rain and bl
Maritime
UNDERCHARGE LAW INVALID, BANKRUPTCY JUDGE RULES
Stephanie Nall |
A political deal last year to bypass a powerful congressman and speed undercharge legislation throug
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
HORMONE THAT BOOSTS MILK OUTPUT HITS THE MARKET AMID DAIRY DISSENT
Steven H. Lee |
A controversial new drug that increases milk production in cows hits the market today, amid promises
BUCKING THE TREND, TAIWAN TO INCREASE STAINLESS STEEL OUTPUT
Cary O'reilly |
While most other stainless-steel-producing countries in Asia are expected to have stagnant or declin
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 3, 1994Brent Crude Oil - (Dollars Per Barrel)_
HOSOKAWA TAX PLAN FACES FIERY SOCIALIST OPPOSITION
Mark Magnier |
The government of Prime Minister Morihiro Hosokawa faced its second big political crisis in a week T
Maritime
EXPORT ABCS - HENRY A. SAMUEL FIRING DISTRIBUTORS AND AGENTS IS A NECESSARY EVIL FOR EXPORTERS
Henry A. Samuel |
Upon returning from an overseas trip, manufacturers often feel compelled to reorganize their distrib
Maritime
RUSSIAN CRUDE EXPORTS RECOVERED IN LATE JANUARY
Grigori Gerenstein |
Russian crude exports outside the former Soviet Union were only about 4 percent behind schedule on J
FRENCH OIL EXECUTIVE WARNS OF PRICE SHOCK
Associated Press |
The world could face another "oil shock" if petroleum prices stay at their current low level, said S
PAKISTAN PLANS PRIVATIZATION OF 30 FIRMS BY END OF JUNE
Special to The Journal of Commerce |
About 30 state-held industrial concerns in Pakistan will be sold by the country's national privatiza
Maritime
ARGENTINA TO OPEN MARINE MARKET TO FOREIGN INSURERS
Paula L. Green |
Argentina will welcome foreign competition into its $200 million to $300 million marine insurance ma
NORDSTROM'S TO SHIFT DISTRIBUTION FROM SEATTLE TO PORTLAND
John Davies |
Nordstrom Inc., the Seattle-based department store chain that has expanded nationwide in the last fe
PEOPLE - TRANSPORT
JOC Staff |
EMERY WORLDWIDE (Palo Alto, Calif.) - Douglas J. Brittin was named director of marketing. He replace
RAILS SLASH SPENDING AS DIESEL PRICES HIT 5-YEAR LOW
Lawrence H Kaufman |
Railroad operating expense budgets are reflecting the lowest diesel fuel prices in five years.
BOXSHIP ACCIDENT TOPPLES CRANES IN NJ
Journal of Commerce Staff |
At least two workers were injured, one reportedly seriously, in a container crane accident Thursday
COST OF CREDIT
JOC Staff |
Thursday, Feb. 3, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
US MANIFESTS INCLUDE LATVIA POTASH CARGOESNEW YORK - Two vessels bringing potash fro
INVESTORS, UNIONS DISAGREE ON EXPORT ZONE BENEFITS
Tim Shorrock |
Advocates of U.S. investment in offshore assembly industries in the Caribbean Basin denied a congres
WATER SHORTAGE COULD CURB GROWTH OF COTTON INDUSTRY IN AUSTRALIA
Knight-Ridder Financial |
Australia's annual cotton production could average 2.51 million bales (569,000 metric tons) by the e
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 227.99 up 1.00 which compares
FREIGHT RATE FUTURES
JOC Staff |
Feb. 3, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
MALAYSIA FIRM TO HUNT FOR OIL IN UZBEKISTANKUALA LUMPUR, Malaysia - Malaysian compan
US PRESSURE KINDLES INDONESIA LABOR STRIFE
Michael Shari |
A wave of strikes and civil unrest sweeping across the main island of Java was sparked by U.S. press
Maritime
HOSOKAWA TAX PLAN FIRES UP OIL DEBATE
Shinichi Kishima |
A new sales levy proposed by Prime Minister Morihiro Hosokawa will step uppressure on Japan
PHILIPPINE INDUSTRY SEEKS NICHE TO COUNTER LOW-WAGE COMPETITORS
Cecilia Quiambao |
Local industry, driven to the wall by cheap labor in China and Vietnam, should concentrate on high-v
Maritime
14-BARGE ACCIDENT ON OHIO RIVER HALTS TRAFFIC IN BOTH DIRECTIONS
Alice Cantwell |
A 14-barge accident Thursday on the swollen, fast-moving Ohio River halted traffic in both direction
Maritime
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