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JAPANESE RETAILER TO OPEN BEIJING DISTRIBUTION CENTER
Nobuko Hara |
Yaohan International Co., one of the fastest-growing retailers in Asia, plans to open a $100 million
HOUSE REJECTS BID TO LINK SUBSIDIES, US-BUILT SHIPS
WILLIAM DiBENEDETTO |
The House Thursday rejected an effort to require that only U.S-built vessels receive operating subsi
US POSTAL SERVICE'S NEW RATE PLAN TO CUT COMMERCIAL CARRIERS' REVENUE
Journal of Commerce Staff |
Starting next year, U.S. airlines can expect to receive less revenue from carrying domestic mail, un
COMEX METAL WAREHOUSE
JOC Staff |
Nov. 3, 1993 Copper Total, 96,561. Gold Total, .2,349,220.Silver Total, .276
NEW ENGLAND UTILITIES SUFFER COSTLY GLUT OF ELECTRICITY
Associated Press |
New England electricity producers face a power glut because of the weak economy, leading utilities t
NYK, BEEFING UP JOINT NOL SERVICE, ASSIGNS 2 SHIPS TO SOUTH ASIA-US RUN
Peter M. Tirschwell |
Japanese carrier Nippon Yusen Kaisha Ltd. (NYK Line) has stepped up its commitment to the Asia East
Maritime
MOODY'S DOWNGRADES PROVIDENT RATINGS
Journal of Commerce Staff |
Moody's Investors Service downgraded the senior debt rating of Provident Life Capital Corp. to "A2"
CONTAINERIZED MARKET SHARE BY LANE HANJIN SHIPPING CO.
Voyage records compiled by Port Import / Export Reporting |
May-July May-July Lane 1993 1992East Coast to East A
Maritime
OVERNITE TRANSPORTATION EXPANDS NEXT-DAY SERVICE
Dane Hamilton |
Overnite Transportation Co., the fourth-largest U.S. less-than-truckload carrier, has raised to 20 t
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 4, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT COMMODITIES
JOC Staff |
Nov. 4, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
CONAGRA PUSHES FOR LEGISLATION ALLOWING USE OF WATER ON GRAIN
Knight-Ridder Financial |
ConAgra Inc., Omaha, Neb., is lobbying for legislation that would allow it to continue spraying wate
SWITZERLAND'S ABB WINS SAUDI POWER PLANT PACT
Knight-Ridder Financial |
ABB Asea Brown Boveri, Zurich, has signed a deal with Saline Water Conversion Corp. worth $100 milli
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
AKZO, NOBEL INDUSTRIES IN MERGER DISCUSSIONSAMSTERDAM, Netherlands - Dutch chemicals group A
HOFFMANN-LA ROCHE SELLS STAKE IN INDIA VENTURE TO PIRAMAL
Knight-Ridder Financial |
Swiss pharmaceuticals group Hoffmann-La Roche Ltd. has signed an agreement with Piramal Enterprises
FLA. LAWMAKERS TACKLE COMP, PROPERTY INSURANCE ISSUES
Tim Nickens |
Negotiations are progressing here on a plan to avert an exodus of insurersfrom Florida in th
CALIF. RICE GROWERS GEARING UP FOR FIRST SHIPMENTS TO JAPAN
Brian Johns |
Now that Japan has decided to buy some U.S. rice, domestic suppliers must make sure it gets there.
Maritime
TRADE BRIEFS
Wire and Staff Reports |
TRADE DEPUTY WARNS CHINA OF DEADLINEA senior U.S. official warned that Washington would take
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 3, 1993 Prevailing sellers' posted prices at the close of business, represent
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 3, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
API WEEKLY REPORT CRUDE OIL SUPPLIES ROSE LAST WEEK
Knight-Ridder Financial |
Crude oil inventories rose by 400,000 barrels in the week ended Oct. 29 compared with the previous w
OVERSUPPLY MAY DEPRESS DIESEL PRICES
Knight-Ridder Financial |
Bulging supplies of low-sulfur diesel fuel in New York harbor likely will force prices downward in t
ESPY: US SHOULD FOCUS MORE ON ASIAN, LATIN FARM MARKETS
Knight-Ridder Financial |
The United States should "retarget" its agricultural trade to focus more on ''emerging markets" in A
ICI, BASF CANCEL PLANS TO SWAP PLASTICS OPERATIONS
Ben Hirschler |
Britain's Imperial Chemical Industries PLC and Germany's BASF AG called off their swap of major plas
OPEC HOPES TO FORGE LINKS WITH EX-SOVIET OIL PRODUCERS
Reuters |
The Organization of Petroleum Exporting Countries is seeking cooperation and dialogue with emerging
MARINERS' MEETING TO EMPHASIZE ACCIDENT PREVENTION
Janet Porter |
Postponing a ship's departure to give the crew more rest time may cost $12,000, says Capt. Alec Thom
Maritime
SINGAPORE JUMPS ON SERVICE SECTOR BANDWAGON
Special to The Journal of Commerce |
Along with Hong Kong and Japan, Singapore will see the service sector expand at the expense of manuf
COOPERS & LYBRAND WINS CASE
Knight-Ridder Newspapers |
A Philadelphia jury said the Coopers & Lybrand accounting firm in New York was not liable for reinsu
INSURANCE EARNINGS
Wire and Staff Reports |
LINCOLN NATIONAL CORP. POSTS IMPROVED NETFORT WAYNE, Ind. - Lincoln National Corp.'s
BIG SHIPPERS FORM GROUP TO FORCE LOWER TAA RATES
Peter M. Tirschwell |
In what could be the most serious challenge yet to the Trans-Atlantic Agreement, several of the larg
CONGRESS OKS $6 MILLION FOR DREDGING AT NC PORT
Journal of Commerce Staff |
Congress has appropriated an initial $6 million for the deepening of the Port of Wilmington's entran
Maritime
CHILEAN COPPER SMELTER CONSIDERING EXPANSION
Knight-Ridder Financial |
Chilean copper smelter Fundicion Refimet is talking with suppliers and potential partners about doub
SHIPPERS, FORWARDERS JOIN FIGHT AGAINST NEW WISCONSIN FEES
Gregory S. Johnson |
Shippers and forwarders are siding with truckers to fight fees imposed by Wisconsin on hazardous mat
INSURANCE BRIEFS
From Wire and Staff Reports |
PRUDENTIAL TO SELL MALLS FOR $1 BILLIONDES MOINES, Iowa - Prudential Insurance Co. o
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
TRADING WITH GUATEMALA US BUSINESS MAINTAINS STEADY COURSE IN GUATEMALA
Kenneth Wolf |
While the political situation has changed considerably in Guatemala, U.S. business with the Central
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
NETHERLANDS' AKZO REPORTS PROFIT INCREASEAMSTERDAM, Netherlands - Dutch chemical gro
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago11/3 11/2 Change % Change: 10
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