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KERR-MCGEE UNIT TO MARKET GAS PRODUCTION
Knight-Ridder Financial |
Kerr-McGee Corp. Monday announced that as of March 1, its natural gas production will be marketed by
ARAB BOYCOTT OF ISRAEL SHAKEN, BUT STILL HOLDS
Youssef Azmeh |
The Arab boycott of Israel may look shaky under heavy U.S. pressure but officials and diplomats in t
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
COCOA, COFFEE FUTURES DIVE ON TECHNICAL FACTORS NEW YORK - Cocoa and coffee futures both
STEELMAKER TO SELL INSURANCE GROUP, TAKE $45 MILLION QUARTER CHARGE
Knight-Ridder Financial |
Steelmaking giant Armco Inc. signed a letter of intent to sell its ongoing insurance operations to p
INSURANCE BRIEFS
From Wire and Staff Reports |
TRAVELERS WITHDRAWS NY RATE INCREASE PLANNEW YORK - Travelers Insurance Co. has with
CALIF. INSURERS ACCUSED OF LOWBALLING, STONEWALLING
E. Scott Reckard |
Laughlin Waters, a U.S. District judge here, has this advice for insurance policyholders who suffere
SENATE REPUBLICANS WARN AGAINST "INDUSTRIAL POLICY'
Richard Lawrence |
All 44 Senate Republicans expressed Monday "serious concerns" that a recently negotiated subsidies a
MANAGEMENT PURCHASES SHIPPERS STEVEDORING
JOC Staff |
Shippers Stevedoring Co. said it concluded negotiations with Furness North America and purchased all
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 22, total piggyback freight hauled on the nation's major railroads equaled 1
CNW HOLDINGS REPORTS JUMP IN EARNINGS FOR 4TH QUARTER
Lawrence H Kaufman |
Chicago & North Western Holdings Corp. earned $24.5 million, or 54 cents a share, in the fourth quar
UP DERAILMENT IN CALIFORNIA DUMPS HAZARDOUS MATERIALS
Journal of Commerce Staff |
An intermodal train operated by Union Pacific Railroad derailed in Fremont, Calif., Sunday, sending
TRANSPORT BRIEFS
Wire and Staff Reports |
SCHEDULED AIRLINES POST LOW ACCIDENT RATEWASHINGTON - The nation's scheduled airline
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 28, 1994 Prev. Life of Contr. OpenOpen High Low
CONSUMER PRICES RISE IN MALAYSIA
Knight-Ridder Financial |
Malaysia's consumer prices rose 3.4 percent in December, compared with the year-earlier period, the
SPOT PRODUCT PRICES
JOC Staff |
Jan. 31, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
DAILY PETROLEUM PRICES
JOC Staff |
Monday Jan. 31, 1994 Prevailing sellers' posted prices at the close of business, representin
RUSSIA PURSUES CLOSER OPEC TIES BUT MEMBERSHIP STILL IN DISTANCE
Keith M. Rockwell |
The Russian government is seeking to increase its links with the Organization of Petroleum Exporting
CANADIANS GETTING A BREAK TODAY: MCDONALD'S TESTS HOME DELIVERY
William Hanson |
McDonald's Restaurants of Canada is testing a delivery service that it hopes will deliver new custom
Maritime
US-MANILA PACT RAISES CEILINGS ON PHILIPPINE TEXTILE EXPORTS
Cecilia Quiambao |
The Philippines and United States agreed to extend the bilateral textile and garments agreement, whi
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
APL INVESTOR ACQUIRES HONG KONG BOX STAKE
P.T. Bangsberg |
A diversified U.S. investment company is taking a small stake in Hong Kong's dominant containerport
Maritime
BRITISH AIR LAUNCHES TWO ALL-CARGO RUNS
Special to The Journal of Commerce |
British Airways has launched two new all-cargo services - one to Scandinavia and the other to Hong K
SHIPPERS WELCOME FESCO PLANS FOR AUSTRALIA
Bill Mongelluzzo |
Shippers and cargo consolidators say the entry of Russia's Far East Shipping Co. (Fesco) into the U.
SALARIES INCREASING SLOWLY, TRUCKING SURVEY INDICATES
Rip Watson |
Trucking industry officials' average paychecks are rising 3 percent to 4 percent a year, with manage
CANADIAN STRIKE DRIVES CARGO TO US PORTS
John Davies |
Thousands of containers bound for Canadian ports have been diverted here and to Tacoma, Wash., as a
LA, LONG BEACH PORTS MISS DEADLINE AS ALAMEDA CORRIDOR TALKS CONTINUE
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach failed to make Monday's deadline to close on the purchase ag
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 31, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
EAST COAST SPOT PROPANE IMPORTS ESTIMATED AT 1 MILLION BARRELS
Knight-Ridder Financial |
Spot purchases of imported propane on the U.S. East Coast stand at about 1 million barrels for deliv
OIL PRICES LIKELY TO REMAIN FIRM _ FOR NOW
Knight-Ridder Financial |
Oil prices are likely to hold up or strengthen in the near future, supported by a firm market for pr
TRADE BRIEFS
From Wire and Staff Reports |
EU LAGS US, JAPAN IN PURCHASING POWERLUXEMBOURG - Eleven of the 12 European Union na
Maritime
REFINERY SNAGS PUSH SUN CO. TO LIMIT SALES OF KEROSENE
Nancy Semon |
Sun Co. is limiting sales of low-sulfur kerosene in its Northeast U.S. marketing region after the co
TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA SOUTH AFRICA. Feb. 12-18. Auerbach Grayson & Co. in New York i
Maritime
JAPAN'S SALMON GLUT DASHES '94 HOPES FOR US EXPORTERS
Robin Bulman |
A recent U.S. report from Japan confirms for Alaskan salmon farmers what they probably already knew:
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 31, 1994 Quotations are based on prices reported in the market or obtained
BALTIC FREIGHT INDEX
JOC Staff |
1200 (Jan. 31, 1994) Previous day - 1203 The Baltic International Freight Futures Market in
Maritime
NH MOVES TO CUT WORKERS COMP COSTS
Associated Press |
The New Hampshire Small Risk Workers' Compensation Program to reduce costs goes into effect today.
LOS ANGELES PORT SHIFTS JAPANESE REPRESENTATION
Mark Magnier |
The Port of Los Angeles has ended its contract with its colorful, charismatic - and controversial -
Maritime
MOST OF NATION'S MAJOR RAILROADS PLAN SELECTIVE RATE INCREASES IN '94
Lawrence H Kaufman |
U.S. railroad executives are ready to bet that the nation's economy has grown strong enough to toler
GERMAN ENGINEERING WORKERS STRIKE AGAINST WAGE FREEZE
Reuters |
A strike by engineering workers Monday against management calls for a wage freeze and benefit cuts d
PIPELINE BOTTLENECK MAY FORCE REFINERS IN LOS ANGELES TO REDUCE SHIPMENTS
Knight-Ridder Financial |
Some Los Angeles area oil refiners, dependent on pipeline supplies of California crudes, could be fo
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