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CARRIERS OPPOSE CLINTON'S PLAN TO PASS ON COST OF TARIFF CUTS
Journal of Commerce Staff |
The Clinton administration is pushing a proposal that would require the transportation industry to p
TRIPLE CROWN PLANS TO EXPAND TO SOUTHWEST, SOUTH FLORIDA
Journal of Commerce Staff |
Triple Crown Services Inc., the intermodal company jointly owned by Norfolk Southern and Conrail, pl
GLOBAL OCEAN CARRIERS POSTS $1.45 MILLION LOSS
Journal of Commerce Staff |
Global Ocean Carriers, which owns a fleet of seven vessels, reported a loss of $1.45 million in the
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SLUMP IN EUROPE DRIVES CAR SALES DOWNThe European automobile market shrank 15.9 percent duri
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CANADA MARITIME BUYS TWO SHIPSLONDON - Canada Maritime, the line that operates conta
Maritime
RECESSION MAY BE THE DEATH OF JAPAN LIFETIME EMPLOYMENT FIRMS STRUGGLE TO AVOID JOB CUTS
Nobuko Hara |
As Japan's economy slips deeper into recession, top company management is wondering what to do about
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
INDICTMENTS HANDED DOWN IN PROBE OF FORMER MISS. REGULATOR, BLUE CROSS
Associated Press |
The former president and chief executive of Blue Cross & Blue Shield of Mississippi and the state's
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
OSHA PROPOSES FINES FOR NEB. MEAT PLANTSA federal agency is proposing fines of $596,
GOVERNOR CALLS FOR EMERGENCY MEETING TO DEFUSE CALIFORNIA TRUCKING CRISIS
Bill Mongelluzzo |
Gov. Pete Wilson called for an emergency meeting this week of the California Air Resources Board to
SPOT PRODUCT PRICES
JOC Staff |
Oct. 8, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
OPEC MINISTERS REACH "UNDERSTANDING' ON ALLOCATION OF FUTURE OUTPUT CUTS
Michael J. Strauss |
Oil ministers of the Organization of Petroleum Exporting Countries have already brokered "an underst
AMOCO ACQUIRES BP STOCK IN EGYPT
Associated Press |
Amoco Corp. said last week that it had acquired the stock of BP North America's exploration operatio
ALTERNATIVE FUELS' DEMAND POWERS CANADIAN FIRM
Cynthia Osterman |
Rising worldwide concern for the environment is driving growth for Methanex Corp., the world's bigge
PRIVATE TRUCKERS PLAN BIGGER FLEETS, COST CUTS
Rip Watson |
Private truck- ers plan to continue fleet expansions despite continued corporate pressure to reduce
CARRIERS UNDER THE GUN ON SERVICE, FREIGHT RATES
Journal of Commerce Staff |
Shippers are continuing to pressure carriers to boost performance and reduce cost as they cut the nu
PEOPLE - MARITIME
From Wire and Staff Reports |
HYUNDAI MERCHANT MARINE (AMERICA) INC. (Gardena, Calif.) - Kevin M. Arner was named sales manager of
Maritime
EXPLORER RESTARTS PIPELINE SECTION
Knight-Ridder Financial |
The Explorer Pipeline reinstated service between the U.S. Gulf Coast and Tulsa, Okla., last Thursday
BALTIC FREIGHT INDEX
JOC Staff |
1395 (Oct. 8, 1993) Previous day - 1398 The Baltic International Freight Futures Market in L
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
AON CORP. (Chicago) - Tracey A. Carragher was appointed senior vice president at Aon Risk Services,
TEXAS A&M TO STUDY NEW BORDER TECHNOLOGY
Kevin G. Hall |
The Texas A&M University system has been designated as an "IVHS Research Center of Excellence" and c
Transport, Trade and Regulation News
ENERGY BRIEFS
From Wire and Staff Reports |
CANADIAN POWER FIRMS JOIN IN ASIAN VENTURETORONTO - Three Canadian companies have jo
WILLIAMS COS. MAY RESTART IDLED REFINERY IN KANSAS
Michael J. Strauss |
Williams Cos., a major U.S. pipeline operator, is considering the reactivation of an oil refinery in
WORD OF CLINTON STAND ON JAPAN IMPORTS HALTS RICE PRICE RISE
WILLIAM B. CRAWFORD Jr. |
After a surge, rice prices at the MidAmerica Commodity Exchange have eased in the wake of reports th
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/8 10/7 Change % Change: 9/
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
CHINA AGENCIES BUY 60 PERCENT OF CANADA MINING FIRMTORONTO - Goldpark Mines and Inve
MISS. COTTON LOSSES MAY PASS $65 MILLION
Associated Press |
Mississippi cotton farmers may lose more than $65 million this year in what government agriculture o
REFINERS' PURCHASES OF JET FUEL TIGHTEN SUPPLIES, JACK UP PRICES
Tony Mercandetti |
Heavy refiner jet fuel buying has driven up prices and substantially dried up availability, traders
HOUSE TO RESUME BUDGET DEBATE ON IMPROVEMENTS IN AVIATION
WILLIAM DiBENEDETTO |
The House will resume work this week on a three-year, $29.3 billion spending blueprint for improveme
US, EC AGREE THEY MUST OFFER FARM DEAL TO FRANCE, OFFICIALS SAY
John Maggs |
The United States and the European Community agree that France must be given a political fig leaf on
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
No story.
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
GHANA PLANS NEW UNIT FOR COCOA INSPECTION
Knight-Ridder Financial |
Ghana intends to establish a new quality-control company that could rival the long-established quali
FLOOD HITS UP HARD, BUT WON'T DERAIL PROFIT
St. Louis Post-Dispatch |
Former Transportation Secretary Drew Lewis called the flood of 1993 "the biggest disasterI've ever h
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 8, 1993Brent Crude Oil - (Dollars Per Barrel)_
BULGARIAN LEADER PLEADS FOR ASSISTANCE FROM WEST
Roland Prinz |
Bulgarian President Zhelyu Zhelev has called on Western countries to help Bulgaria make up for huge
Maritime
OIL IMPORT BILL TO UNDERMINE CHINA ECONOMY, STUDY SAYS
Ron Corben |
Economic difficulties in China, already pressing, will be exacerbated by a sharply higher oil import
WORKERS NARROWLY APPROVE NEW PACT WITH KENNECOTT
Associated Press |
The narrow margin by which Kennecott workers ratified a three-year contract indicates the company ha
MAGMA TO CUT 3 PERCENT OF WORK FORCE, FREEZE SALARIES IN RESTRUCTURING
Knight-Ridder Financial |
Magma Copper Co. Friday said it will cut its work force by 3 percent by the end of the year and free
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