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THREE SHIPPING AGENCIES FORM GLOBAL ASSOCIATION
Alan Abrams |
In an effort to compete more effectively against global shipping agencies, three regional shipping a
Maritime
A SOBERING EXPERIENCE: CONFEREES TOUR MIDWEST
John Boyd |
Along the flood-ravaged Mississippi River this month, bright autumn-colored leaves that decorate tre
Maritime
ROTTERDAM BOX TERMINAL MERGER TO BE FINALIZED BY YEAR-END
Bruce Barnard |
Mergers are cutting the number of rival stevedores and thus trimming competition at the world's larg
Maritime
GENERAL CHEMICAL'S WYOMING STRIKE TAKES TOLL ON FAMILIES, COMMUNITY
Associated Press |
The real costs of the 13-week-old strike at the General Chemical Co. soda ash plant west of here won
CHLORINE PRICES SOAR ON VINYL DEMAND
Ira Breskin |
Increased demand for vinyl-based building materials has helped drive up chlorine prices 35 percent t
FOREIGN INROADS INTO SHIP ROUTES IRK JAPANESE US CARRIERS OFFER DISCOUNTS
Allen R. Wastler |
Friction over rate discounts is building between ocean carriers that jointly set prices for moving g
COST OF CREDIT
JOC Staff |
Monday, Oct. 25, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRUCKING GROUP PATROLS DC HIGHWAYS
Paul Dykewicz |
The American Trucking Associations has begun sending out patrols on the Capital Beltway around Washi
AIR FRANCE EMPLOYEES NIX OFFER, EXTEND STRIKE
Tara Patel |
Air France employees dug in their heels Monday, voting overwhelmingly to continue their strike today
SINGAPORE AIRLINES' PROFIT DIPS
Reuters |
Singapore Airlines Ltd., the world's most profitable carrier, reported lower earnings Monday, but an
TIANJIN ECONOMIC ZONE FASTEST-GROWING IN CHINA
P.T. Bangsberg |
While China's special economic zones in the south and Shanghai on the east coast make most of the no
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 25, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
JOC Staff |
Oct. 25, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
BRAZIL PAPER FIRM PROTECTS US NICHE WITH TECHNOLOGY
James Bruce |
Brazilian pulp and paper producer Aracruz Celulose says it avoided losing some $80 million in export
ANALYSTS SAY RISING DEMAND WILL DRIVE UP COTTON FUTURES
Kim Archer |
New York cotton futures are predicted to reach almost 70 cents a pound by spring or summer if world
ARCO TO ELIMINATE UP TO 1,000 JOBS IN RESTRUCTURING OF OIL AND GAS UNIT
Knight-Ridder Financial |
Atlantic Richfield Co. Monday said it will cut 900 to 1,000 jobs in an extensive reorganization of a
STUDY SAYS DRUG FIRMS WILL BE HURT BY RECENT TAX, MEDICAID LEGISLATION
Reuters |
Pharmaceutical companies' costs will rise an estimated $14.5 billion during the next five years beca
DAILY PETROLEUM PRICES
JOC Staff |
Monday Oct. 25, 1993 Prevailing sellers' posted prices at the close of business, representin
EC TO LEND MONEY FOR BEIRUT PORT
Journal of Commerce Staff |
The European Community is expected to lend Lebanon $72 million toward the cost of building a new por
Maritime
CHRISTIANIA RE SEEKS $100 MILLION TO BOOST CAPITAL, REPAY ITS DEBT
Paul Dykewicz |
Christiania Re. Corp., one of the oldest reinsurers in the United States, is attempting to raise mor
ROYAL INSURANCE'S PROFIT PROJECTED TO HIT $73.5 MILLION
Brigitte Maxey |
Royal Insurance Holdings PLC is expected to post a pretax profit of UK50 million (US$73.5 million) t
NOAA SHOULD CONSIDER PRIVATE VESSELS, GAO SAYS
WILLIAM DiBENEDETTO |
A federal oceanographic agency should take a closer look at using private contractors for at least s
Maritime
RUSSIA MAY DELAY RUBLE ZONE FOR TWO YEARS PENDING REFORMS
Grigori Gerenstein |
The creation of the new ruble zone may be delayed by two years, Vladimir Mashits, a Russian economic
GERMAN FIRM TO OPEN CINCINNATI PLANT
Associated Press |
Muller Weingarten Corp., a German machine tool company, said it will open its first U.S. plant in Ci
Maritime
UNION LEADERS PUSH BC RAIL SETTLEMENT
John Davies |
Leaders from seven railroad unions in British Columbia began telling 1,600 workers Monday why they f
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
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
FREIGHT RATE FUTURES
JOC Staff |
Oct. 25, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 25, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 25, 1993 Copper Total, 96,513. Gold Total, .2,361,080.Silver To
US MUM ON PROBE OF OIL TRADING
Knight-Ridder Financial |
U.S. Justice Department officials declined to comment Monday on reports the department and the U.K.'
EC LEAVES DOOR OPEN TO HALT TAA IF SHIPPERS CAN PROVE IT'S INJURIOUS
Janet Porter |
The European Commission still may suspend the Trans-Atlantic Agreement if shippers prove it is serio
Maritime
CORPS PROMISES OAKLAND NEW DREDGING SCHEDULE
Journal of Commerce Staff |
The Port of Oakland has been promised a new schedule for digging out its shipping channels by the Ar
Maritime
MOSCOW EXPECTED TO FORM GOLD EXCHANGE BY YEAR'S END
Knight-Ridder Financial |
The Russian government is planning to set up a gold exchange in Moscow before the end of the year, a
ALUMINUM CUTBACK IS POSSIBLE BECAUSE OF LOSSES, ANALYST SAYS
Knight-Ridder Financial |
Western refiners that account for about 6.8 million metric tons (7.48 million tons) of the world's a
TESTS FIND WIDE VARIANCE IN STACK CAR RIDE QUALITY
Rip Watson |
The first scientific tests comparing ride quality of double-stack equipment have found wide variance
NORTH AMERICAN DIRECTOR OF ITALIAN LINE TO QUIT
Peter M. Tirschwell |
Leif Lidholm will step down as North American director of Italia di Navigazione (Italian Line) as of
Maritime
SAN FRANCISCO PORT MAY LOSE COSCO TO RIVAL OAKLAND
Brian Johns |
The Port of San Francisco has apparently taken another body blow from itstrans-bay rival.
Maritime
JUDGE BARS RESUMPTION OF STRIKE AGAINST BN
Journal of Commerce Staff |
A federal judge permanently blocked members of the Brotherhood of Maintenance of Way Employes from r
QANTAS WITHDRAWS ADS SHOWING US BEACH
Reuters |
Australia's Qantas Airways was forced Monday to withdraw U.S. advertisements showing a man relaxing
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