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RAILS BALK AT COSTLY SAFETY DEVICES FATAL ACCIDENT PUTS ON PRESSURE
Lawrence H Kaufman |
Railroad executives, reluctant to spend more than $2 billion for technology they say isunproven, are
DEAD TRAIN CREWMAN'S SISTER SUES FOR IMPROVED RAIL SAFETY SYSTEMS
John Davies |
The sister of a crewman killed in the head-on collision between two freighttrains between Se
ENERGY BRIEFS
Wire and Staff Reports |
BRITISH COAL FINALIZES CONTRACT WITH COALITELONDON - British Coal Corp. has signed a
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 21, 1993Brent Crude Oil - (Dollars Per Barrel)
INSURANCE BRIEFS
From Wire and Staff Reports From Wire and Staff Reports |
WAR-DAMAGED BOXES COST UK CLUB $600,000Containers lost or damaged on land as a result of war
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Dec. 18, 1993* Country Category Description
Maritime
EXXON TO SEARCH FOR OIL IN REMOTE AREA OF CHINA
Associated Press |
Exxon Corp. and a Japanese company on Monday signed a contract giving them first rights to search fo
TAIWAN REAFFIRMS FINANCE REFORM PLAN
Journal of Commerce Staff |
Taiwan's Finance Ministry on Monday reiterated plans to ease curbs on foreign investment in the isla
Maritime
BRAZIL COFFEE SEEN AS EXPORT QUALITY
Knight-Ridder Financial |
All of the 279,000 60-kilogram bags purchased by the Brazilian government at its nine retention auct
BA PLANS NEW CARGO HUB AT HEATHROW AIRPORT
Special to The Journal of Commerce |
British Airways plans to build a huge new cargo hub at London's Heathrow Airport. The $225 m
BA, USAIR TO BEGIN CARGO VENTURE
Special to The Journal of Commerce |
British Airways and USAir are planning to introduce a new joint venture cargo product in February.
DOLLAR RISES ON RATE TRENDS, SLUMP IN TOKYO STOCK MARKET
Alan Zimmerman |
The U.S. dollar rose Monday in a thin pre-holiday market as both the deutsche mark and Japanese yen
DC CONSULTANT WINS CONTRACT FOR ARGENTINE BRIDGE STUDY
Paula L. Green |
A Washington, D.C., consulting firm has won a $4 million contract to study whether a 30-mile bridge
NEW CHINA TAXES WILL CURB DEMAND FOR COPPER IMPORTS, TRADERS SAY
Cary O'reilly |
An overhaul of China's tax system is expected to reduce the amount of copper bought on international
ITALIAN INDUSTRY OPTIMISTIC THAT ECONOMY WILL GROW
Giuseppe Bertoncello |
The Italian industrial employers association Confindustria expressed optimism about economic growth
Maritime
TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA SOUTHEAST ASIA. Dec. 30-Jan. 7. The Florida Department of Comm
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
TALKS DEADLOCKED BETWEEN CHINA, TAIWANTAIPEI, Taiwan - Historic talks between Taiwan and Chi
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SAINT JOHN, PANAMA JOINED BY DIRECT RUNSAINT JOHN, New Brunswick - Kent Line International h
Maritime
HEALTH COSTS TOOK CHUNK OF '92 P/C PROFITS
Margo D. Beller |
Health-related costs took the biggest bite out of workers compensation insurers' profits in 1992, sa
TAIWAN OUTPUT UP 3.21 PERCENT IN 1993
Reuters |
In the first 11 months of this year, Taiwan's industrial output rose 3.21 percent from a year earlie
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -5.3212/14 94.012/15 93.612/16
TRANSPORT BRIEFS
Wire and Staff Reports |
US, AUSTRALIA RESOLVE RIVALRY FOR JAPAN ROUTECANBERRA, Australia - Australia and the
BULGARIAN BANK OKS MORE CAPITAL, SELL-OFF
Reuters |
Bulgaria's First Private Bank decided at an extraordinary shareholders meeting to double its capital
DRUG MAKERS URGED TO CUT RESEARCH COSTS
Ira Breskin |
American manufacturers of name-brand drugs must rein in costs and get a bigger bang for their resear
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
CITICORP OFFICIAL: BRAZIL INFLATION PLAN FACES CHALLENGE OF TIMELY APPROVAL
Reuters |
William Rhodes, Citicorp vice chairman, said a recent plan by Fernando Henrique Cardoso, Brazil Econ
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
NY'S COCOA PRICES MIRROR LONDON DROPNEW YORK - Cocoa futures here tumbled in sympath
SWEDISH TRADE SHOWS SURPLUS
Knight-Ridder Financial |
Sweden posted a 4.9 billion kronor (US$581.9 million) trade surplus in November, compared with a 2.6
PORT LABOR BATTLE BRUISES FRUIT FLOW IN PHILADELPHIA
From Wire and Staff Reports |
Despite the efforts of Philadelphia port officials to resolve a labor conflict over fruit shipments,
Maritime
NJ LAWMAKER SEEKS TO STREAMLINE PERMIT PROCESS FOR HARBOR DREDGING
Jane E. Allen |
Rep. Robert Franks, R-N.J., is looking to New Jersey Governor-elect Christie Whitman to help assure
Maritime
INDIA TO SLASH DUTIES ON 17 US TEXTILE ITEMS OVER 10 YEARS
N. Vasuki Rao |
The government agreed to cut import duties on 17 textile products, to 40 percent from 85 percent, ov
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 20, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT COMMODITIES
JOC Staff |
Dec. 20, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
CHEMICAL MANUFACTURERS RAISE EPA STINK
John J. Fried |
Accustomed as they are to strong odors, manufacturers of extremely hazardous chemicals, as well as b
N. ENGLAND EXPORTS FOUND TO LAG OTHER PARTS OF US
Kimberly Blanton |
The economies of the world are being woven together, helped most recently by the General Agreement o
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 20, 1993 Quotations are based on prices reported in the market or obtained
PHILA.-AREA PORT AGENCIES APPROVE MERGER PLAN WITH JOB GUARANTEES
Alan Abrams |
After years of long and hard negotiation, the Philadelphia region's three port authorities have appr
Maritime
BOEING TO PAY $30 MILLION FOR CLEANUP AT WASH. SITE
Associated Press |
Boeing Co. has agreed to pay for an estimated $30 million cleanup of a site near Maple Valley where
SHIPPER LIABILITY FOR SPEEDING URGED WHEN UNREALISTIC SCHEDULES SET
Mark B. Solomon |
The federal panel responsible for truck safety on the interstate roads ringing Washington said Monda
IMF PEGS LENDING TO BULGARIA TO REFORM
Associated Press |
The International Monetary Fund will resume stalled loans for Bulgaria if the Parliament adopts key
Maritime
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