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P&O INVESTS IN SECOND CHINA BOX TERMINAL
Journal of Commerce Staff |
Peninsular and Oriental Steam Navigation Co. is investing in a container terminal near Shanghai.
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
COMBINED INSURANCE CO. OF AMERICA (Chicago) - Richard M. Ravin was elected chairman and chief execut
MAJOR MARITIME ISSUES FACING CONGRESS IN 1994
Journal of Commerce |
ISSUE: Eliminate antitrust immunity held by ocean carrier conferences. STATUS: Pending in t
Maritime
CARRIERS SEEK TO WORK WITH SHIPPERS TO LOWER COSTS AT CARIBBEAN PORTS
Craig Dunlap |
After years of complaining about high Caribbean port costs, maritime interests now appear committed
Maritime
MASS. PAVES WAY FOR LYKES, AS DREDGING PROJECT IS HIT
Michael S. Lelyveld |
The Massachusetts Port Authority has cleared the way for Lykes Bros. Steamship Co. to start calling
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SALVORS SEEK TUGS INVOLVED IN GROUNDINGNEW YORK - Salvors Wednesday attempted to rec
Maritime
US GOVERNMENT SEEKS DESIGNS TO SUPPORT WITH SHIP AID
Tim Sansbury |
The federal Advanced Research Projects Agency said it is seeking innovative shipbuilding proposals t
Maritime
TANKER DATABASE, AN ANTI-SPILL TOOL, IS ON-LINE AT LAST
Bill Mongelluzzo |
A long-awaited computerized data bank on oil tankers available for charter is up and running amid op
Maritime
CONTAINERIZED MARKET SHARE BY LANE EVERGREEN MARINE CORP.
Port Import / Export Reporting Service, New York; Journal of |
July-Sept. July-Sept. Lane 1993 1992North Europe to Wes
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
ASSOCIATION OF AMERICAN RAILROADS (Washington) - Henry J. Randazzo Jr. is the trade association's ne
MEXICAN FIRM TO ACQUIRE US BUS MAKER
Associated Press |
A Mexican truck and bus maker has agreed to buy Motor Coach Industries International Inc., a major U
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management. Dec. 2. New York round table. Ray Carmichael, vice president of Nat
HONG KONG MAY SOAR TO NO. 2 AIR CARGO HUB
P.T. Bangsberg |
Hong Kong could overtake Frankfurt, Germany, within a year to become the world's second leading inte
SEA-AIR CARGO FROM ASIA REBOUNDING, FORWARDER SAYS
John Davies |
Sea-air cargo from the Far East to Europe is climbing again after hitting bottom last year, accordin
TRANSPORT BRIEFS
Wire and Staff Reports |
AT LEAST 4 KILLED IN FRENCH TRAIN WRECKPARIS - At least four people were killed and
DSR, SENATOR LINES SIGN MERGER AGREEMENT
Miriam Widman |
Two German liner shipping companies successfully concluded merger negotiations late Wednesday after
CHRETIEN EXPECTED TO IMPLEMENT NAFTA WITHOUT REVISING ENERGY PROVISIONS
Leo Ryan |
Canada's new Liberal government of Prime Minister Jean Chretien today will formally approve implemen
USAIR SEEKS FEDERAL REVIEW OF LIMITS ON RESERVATIONS LINK WITH BRITISH AIR
Pittsburgh Post-Gazette |
USAir has asked U.S. regulators to reconsider a recent decision the airline says limits its ability
AIRLINES GIVE IN, AGREE TO PAY LAX FEE INCREASE
Mark B. Solomon |
Airlines gave in early Wednesday and agreed to pay the higher landing fees at Los Angeles Internatio
FREIGHT CONSOLIDATORS CONSIDER FORMAL COMPLAINT AGAINST TAA
Peter M. Tirschwell |
Freight consolidators are debating this week whether several objections they have raised about the T
BILATERAL PACTS GIVE US AN EDGE IN TEXTILES
Robin Bulman |
As world trade talks in Geneva lurch uncertainly toward a Dec. 15 deadline, the United States has qu
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 1, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US FAILS TO SEW UP TEXTILE PLAN SUPPORT
Keith M. Rockwell |
Cautious U.S. efforts to build support among Asian nations for alterations to the terms on textile t
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
JOURNAL OF COMMERCE - FAST FACTS
Association for Manufacturing Technology, McLean, Va. |
No text.
US, EC NEGOTIATORS WORK INTO NIGHT SEEKING ADVANCE US TEAM SEES ROOM FOR HOPE
Bruce Barnard |
The European Community and the United States negotiated late into Wednesday night in search of an el
KEY SENATORS EXPRESS DOUBT AND CONCERN ON GATT TEXT
Keith M. Rockwell |
Two key members of the U.S. Senate Finance Committee sowed new seeds of doubt on prospects for a glo
DOLLAR RISES DESPITE REPORTS OF HEAVY SALES BY BUNDESBANK
Alan Zimmerman |
The U.S. dollar rose above 1.72 deutsche marks Wednesday, despite heavy selling of dollars, believed
SWISS OUTPUT UP IN THIRD QUARTER
Reuters |
Switzerland's real gross domestic product (GDP) rose an annualized, seasonally adjusted 0.6 percent
THE ECONOMY
Source: Commerce Department; Knight-Ridder Tribune |
GDP GROWTH Percent change 1993-3QPersonal Spending +4.4%Durable good
ASIAN BANK WILL INCREASE CAPITAL BASE, PRESIDENT SAYS
Reuters |
Asian Development Bank (ADB) members agreed to boost the bank's capital base, heading off threatened
CHINESE TAX REFORMS WILL CUT COMPANY LEVIES BY ALMOST HALF
JOC Staff |
China on Wednesday unveiled its biggest tax reform since 1949, cutting rates for state companies by
Maritime
DAIMLER-BENZ, MITSUBISHI FORM VENTURES
Associated Press |
Top managers of Daimler-Benz AG and Mitsubishi Corp. this week announced modest joint ventures, incl
Maritime
GORE ANNOUNCES CLOSER TIES, SUMMIT FOR W. HEMISPHERE
Kevin G. Hall |
Vice President Al Gore, in what was hailed as a major foreign policy initiative of the Clinton admin
Maritime
STRANDS OF VARIOUS AGREEMENTS INTERWEAVE TO GOVERN TEXTILES
Journal of Commerce Staff |
Curious is one way to describe the rules that govern the international trade of textiles. As
Maritime
WEAK DEMAND FOR FREIGHTERS SPURS CUTBACKS AT BOEING
John Davies |
Sluggish demand for near-term delivery of large, new freighters contributed to Boeing Co.'s decision
US TASK FORCE TO FACILITATE FINANCING IN GAZA, WEST BANK
Reuters |
The Clinton administration this week unveiled an initiative to spur the Middle East peace process by
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US SIGNS AGREEMENT ON S. AFRICA INVESTMENTCAPE TOWN, South Africa - U.S. Commerce Se
Maritime
AMTRAK, CSX WEREN'T WARNED ABOUT TRUCK, OFFICIALS INSIST
Lawrence H Kaufman |
Amtrak and CSX Transportation Inc. officials reacted angrily Wednesday to claims that a train dispat
SUPREME COURT TACKLES ABF FREIGHT LABOR CASE
WILLIAM DiBENEDETTO |
The Supreme Court Wednesday wrestled with an unfair labor practice case in which a fired Teamster wa
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