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BARGE, GRAIN WOES LINGER IN FLOOD'S WAKE
George F.W. Telfer |
Most operators of barges and grain elevators on the lower Mississippi River say the worst of the Gre
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 12, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
NIGERIA URGES DIRECT OPEC ACTION TO SUPPORT OIL PRICES QUICKLY
Jackie Cowhig |
Immediate action by OPEC itself would be the way to support oil prices quickly, if needed, rather th
TIGHT SUPPLIES FOR JET FUEL BRING 50-CENT PRICE PREMIUM
Knight-Ridder Financial |
Jet fuel is being offered at 50 cents a barrel more than Singapore spot prices, and that premium is
US DOLLAR WILL DECLINE SHARPLY IF NAFTA IS DEFEATED, TRADERS SAY
Gordon Platt |
The U.S. dollar, as well as the stock and bond markets, will fall sharply if the House of Representa
SRI LANKA MAY REDUCE IMPORT FEES, TAX RATES
N. Vasuki Rao |
Sri Lanka's President Dingiri Banda Wijetunga is proposing a cut in import duties on several goods a
HIGHWAY DATA MAY KEEP TRUCKER PREMIUMS IN CHECK
Brigitte Maxey |
Highway deaths involving trucks declined in 1992, continuing a four-year trend that may help keep tr
GASOLINE PRICES
JOC Staff |
Nov. 12, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
CHINA BUILDING 2 ETHYLENE PLANTS TO MEET SOARING DOMESTIC DEMAND
P.T. Bangsberg |
Work is under way on two more large petrochemical plants in southern China, as the country struggles
USDA AIDE URGES EXPORTS TO SE ASIAN, LATIN MARKETS
Knight-Ridder Financial |
The United States should focus on increasing agricultural exports to ''emerging markets" in Asia and
HOUSE PANEL REPORT ENDORSES POLLUTER-PAYS LIABILITY SYSTEM
WILLIAM DiBENEDETTO |
A key House committee report on the federal Superfund program said the current polluter-pays system
TRANSPORT BRIEFS
From Wire and Staff Reports |
AIR FORCE CONSIDERS CARGO JET PURCHASEEVERETT, Wash. - The Air Force might buy up to
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
GERMAN ECONOMY IS STAGNATING, NOT RECOVERING, BANKS SAY
Reuters |
The western German economy has bottomed out, but is stagnating and not turning around quickly, the F
TRADE GROUP HELPS US EXPORTERS CARVE OUT NEW MARKETS IN JAPAN
William Armbruster |
Don Lewis was looking for potential Japanese distributors of his company's new electronic corrosion
Transport, Trade and Regulation News
CYPRIOT BUSINESSMAN SAYS US CUSTOMS KIDNAPPED HIM
Craig Dunlap |
A Cypriot businessman filed a $30 million federal lawsuit charging the U.S. Customs Service with kid
Maritime
MOVING DATA - HENRY A. SAMUEL SOFTWARE INDUSTRY CLAMORS FOR PROTECTION THAT NAFTA WOULD YIELD
Henry A. Samuel |
Bill Gates - one of the richest humans on the planet - and most of the transportation industry love
Transport, Trade and Regulation News
COMPUTERIZED DATA NETWORK GIVES INSURANCE BROKER AN "INFO EDGE'
Margo D. Beller |
For worldwide insurance broker Johnson & Higgins, the global village is getting smaller all the time
Transport, Trade and Regulation News
NIT ANNUAL SESSION GEARED TO PACE OF A FASTER WORLD
Special to The Journal of Commerce |
The National Industrial Transportation League's plans for its annual meeting are a lot likethe goals
EC LAWS PINCH US GENERIC DRUG MAKERS
Ira Breskin |
American generic drug marketers are complaining that they have lost their ability to produce inexpen
NORTHWEST COMPANIES PIN HOPES ON GATHERING
Martin Wolk |
When Pacific Rim leaders gather in Seattle this week to discuss improved trade links, executives of
MARITIME BRIEFS
From Wire and Staff Reports |
TAA INCREASES SHARE OF WESTBOUND TRAFFICNEW YORK - The Trans-Atlantic Agreement, the
Maritime
LA-LONG BEACH WORKERS SETTLE CONTRACT DISPUTE
Journal of Commerce Staff |
Work resumed at a normal pace here after a settlement was reached last week with a small unit of the
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 12, 1993Brent Crude Oil - (Dollars Per Barrel)
SATELLITE, CELLULAR TRACKING SYSTEMS FIND PACKAGES AND THEIR NICHE
Linda Lynton |
Carriers going online with satellite and cellular tracking devices have found themselves in a win-wi
BRAZIL CHEMICAL PRODUCER UP FOR FOREIGN ACQUISITION
James Bruce |
Foreign investors will be allowed to gain control of Petroquimica Uniao SA, Brazil's third-largest c
COST OF CREDIT
JOC Staff |
Friday, Nov. 12, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN-BACKED FIRMS RESPONSIBLE FOR GROWING TRADE VOLUME IN CHINA
P.T. Bangsberg |
Joint ventures in China, now a backbone of the economy, should record total trade of US$60 billion t
Maritime
AFTER SLOW START, RAIL-TAGGING PROJECT IS BACK ON TRACK TO MEET DEADLINE
Kenneth Wolf |
About two-thirds of the U.S. railroad fleet remains untagged as the second year of the railroad indu
JOFC INDEX MOVES UP ON STRONG PLYWOOD PRICES
From Wire and Staff Reports |
Plywood prices were the strongest component of the Journal of Commerce Industrial Price Index last w
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
WHEAT RESTRICTION APPLICATION UNLIKELYMINOT, N.D. - President Clinton isn't likely to file a
RADAR DETECTOR FLAP FLARES AS DOT RECOMMENDS A BAN ON USE IN TRUCKS
Dane Hamilton |
The U.S. Department of Transportation has quietly sent to the White House a recommendation that rada
CAJON PIPE BACKED FOR MOVING OIL TO LA
Deena Beasley |
Following a decision by Four Corners Pipe Line Co. not to reverse its Line 90 system, industry sourc
TANKERS, UNIONS MIRED IN CONTRACT DISPUTE
Allen R. Wastler |
Tanker operators and a seagoing engineers union are continuing their battle over new contracts.<
ECONOMY TO FEEL EFFECT OF RISING CORN PRICES
Steven P. Rosenfeld |
A shrinking corn crop is expected to make waves in the economy, raising the cost of getting meat, mi
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 12, 1993 Quotations are based on prices reported in the market or obtained
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
PICKETING, VIOLENCE MARK INDEPENDENT TRUCKERS STRIKE
Rip Watson |
Today is shaping up as a crucial day in determining the impact the nationwide independent truckers'
AIR CANADA'S EQUITY PLAN STARTLES SOME ANALYSTS
Leo Ryan |
Air Canada announced an equity issue that puzzled industry analysts while reporting a small US$32 mi
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