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BALTIC FREIGHT INDEX
JOC Staff |
1221 (Dec. 23, 1993) Previous day - 1222 The Baltic International Freight Futures Market in
Maritime
ALL EYES IN UTILITY INDUSTRY ON FLORIDA'S POWER DEBATE
Arthur Gottschalk |
If all goes according to plan, Florida will soon become the first state in the union to see an inves
COLUMBUS DIVERTS BOXSHIP AS PHILA. PORT ROW ESCALATES
Alan Abrams |
A bitter waterfront labor dispute in Philadelphia escalated beyond breakbulk fruit shipments last we
ON THE MOVE - PEOPLE BOEING UNIT GETS NEW PRESIDENT
Mark W. Lyon |
Ronald B. Woodard takes charge of the Boeing Commercial Airplane Group as its new president, replaci
BRITISH ENJOY UPPER HAND
Mark Solomon |
Federico Pena's lofty vision of a new world order for aviation may have come crashing intothe white
AETNA LIFE TO FORECLOSE ON MISSOURI COMPLEX
Fred Faust |
Aetna Life Insurance Co. plans to foreclose on the 41-acre West Port Plaza complex next month becaus
US MAJOR AIRLINES POST ANOTHER YEAR OF RED INK
Mark B. Solomon |
The nation's major airlines will post a net loss in 1993 of between $1.3 billion and $1.5 billion, t
PERSIAN GULF STATES CALL FOR OUTPUT CUTS
Ashraf Fouad |
Persian Gulf Arab leaders, responding to falling oil prices, offered to cut their output if other pr
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TRADE BRIEFS
Wire and Staff Reports |
INDUSTRIAL PRODUCTION DOWN IN EX-SOVIET STATESIndustrial production in the Commonwealth of I
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
ANTI-WEST JEERS APPLY TO RUSSIA'S OWN CITIES
Reuters |
Soviet propaganda used to depict New York and other Western capitals as ''cities of contrasts," refe
ITALIAN JOBLESS RATE HIT 11.3 PERCENT IN OCTOBER
Knight-Ridder Financial |
Italy's unemployment rate stood at 11.3 percent in October, up from 10.3 percent in the previous emp
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Dec. 23, 1993 Prevailing sellers' posted prices at the close of business, represent
FREIGHT RATE FUTURES
JOC Staff |
Dec. 23, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CUSTOMERS SEEK LOGISTICS HELP FROM CARRIERS
David I. Beatson |
Historically, the role of air freight was perceived as an emergency solution to a problem,more of a
AIRLINES SAY US POSTAL RATE PROPOSAL IS UNJUSTIFIED
Mark B. Solomon |
A U.S. Postal Service proposal that would slash the revenue that airlines receive for carrying the m
UP ABANDONMENT GETS ICC APPROVAL
Journal of Commerce Staff |
The Interstate Commerce Commission has approved abandonment of a 102-mile Union Pacific rail line in
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 23, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
HOECHST TO RAISE STAKE IN INDIA UNIT TO 51 PERCENTBOMBAY, India - Hoechst AG of Germany will
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMINCO ANNOUNCES COST-REDUCTION PLAN
Associated Press |
Cominco would reduce its operating costs by $35 million under an economic plan released last week by
MARITIME BRIEFS
From Wire and Staff Reports |
REEFER GUIDE PUBLISHED ON FRUITS, VEGETABLESTOKYO - Mitsui OSK Lines Ltd. recently p
Maritime
JUDGE DISMISSES CUSTOMS CLAIMS AGAINST IMPORTERS AGENCY BLASTED FOR DENYING FIRMS DUE PROCESS
Robin Bulman |
Condemning the Customs Service for running "roughshod" over the rights of importers, the U.S. Court
STRIKE ACTION MAY HAUNT WHITE HOUSE
Lawrence Kaufman |
Robert Crandall, American Airlines chief executive, may have Bill Clinton's fingerprints on his neck
DESPITE CURRENT STABILITY, '94 SUGAR LEVEL UNCERTAIN
David Townsend |
The world sugar market continues to show supplies "fairly well balanced" with demand in 1993 compare
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 224.90 up 0.85 which compares
EUROPEAN TRUCKERS BEGIN DEREGULATION COUNTDOWN
Bruce Barnard |
European trucking will get an extra blast of competition Jan. 1, but the real free-for-all is more t
ENERGY BRIEFS
From Wire and Staff Reports |
FIVE NUCLEAR PLANTS UNDER WAY IN INDIANEW DELHI, India - India is building five nuclear powe
SEATTLE CENTER URGED FOR ASIA-PACIFIC TRADE
John Davies |
President Clinton is being asked to set up an Asia-Pacific trade office here, where he met last mont
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
GROUP PROPOSES BUY-OUT OF CP TRUCKSMONTREAL - A group of 30 senior executives and em
CANADA'S ATLANTIC COAST PROVINCES MAY SUFFER IF QUEBEC BIDS THEM ADIEU
Deborah Charles |
Canada's Atlantic provinces could be left out in the cold, geographically cut off from the rest of t
Maritime
US OIL FIRMS WIN RUSSIAN FIELD RIGHTS
Reuters |
Oil giant Exxon Corp. and a consortium of Mobil Corp. and Texaco Inc. have won rights to explore and
BALTIC FREIGHT INDEX
Journal of Commerce |
No text.
Maritime
WEEKLY COAL EXPORTS
PIERS, New York |
No text.
LOS ANGELES PORT MAY SEE EXPANSION
Journal of Commerce Staff |
Mayor Richard Riordan and the Los Angeles Board of Harbor Commissioners announced plans to form a ta
Maritime
CERTAIN DEBT SECURITIES COULD IMPERIL INSURERS
Journal of Commerce Staff |
The financial strength ratings of some U.S. life insurance companies could be imperiled by their inc
KELLEHER, SOUTHWEST CLEAR GAINERS
(Text by Lawrence H Kaufman, William Armbruster, Mark W. Lyon |
Airline executives are looking forward to 1994, if only because it will mean 1993 is behind them.
COMPUTERIZED SHIPPING PUT TO THE TEST
Allen R. Wastler |
Once you get past the sporty paint job, the dual pipes and the oversized engine, the question when t
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