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FREIGHTER'S HOLD FIRE UNDER CONTROL
Knight-Ridder Financial |
The 17,153-deadweight-ton freighter Clipper Majestic has a fire in one of its cargo holds but it is
Maritime
GROUP LED BY FINANCIER BASS PURCHASES 6.9 PERCENT STAKE IN MATLACK
Dane Hamilton |
Analysts discounted the likelihood of changes to the corporate structure of Matlack Systems Inc. fol
UK TRANSPORT HEAD SAYS US AIRLINES SHOULD BYPASS HEATHROW AIRPORT
Mark B. Solomon |
The United Kingdom may have trouble boosting access for U.S. airlines at London's Heathrow Internati
ROADWAY GLOBAL AIR REPORTS A GOOD BEGINNING
William Armbruster |
Roadway Global Air, up and flying since Sept. 13, has gotten off to a good start, said its president
TALK OF SAUDI MONEY PROBLEMS LOWERS EXPECTATIONS ON EXPORTS
Journal of Commerce Staff |
Trade forecasters are reducing their estimates of U.S. exports to Saudi Arabia, following reports la
CARGILL GRAIN FACILITY OPERATING DESPITE STRIKE
Associated Press |
Grain handlers are on strike against Cargill Inc.'s shipping facility on the Minnesota River, but th
Maritime
NEW CALIF. SMOG LAW EXPECTED TO DIVERT ONLY SOME DIESEL TO ASIA
Ramthan Hussain |
The new California regulations for cleaner diesel will lead to more gas oil shipments to Asia from t
DOLLAR SLIPS AGAINST MARK, EDGES HIGHER AGAINST YEN
Isabelle Clary |
The U.S. dollar fell against the deutsche mark and other European currencies Wednesday, but managed
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
JAPAN TO DETERMINE AID PLAN FOR PALESTINE BY SEPT. 25
Knight-Ridder Financial |
Japan will decide on its aid contribution for Palestinian self-rule by Sept. 25 and unveil the plan
Maritime
EC CLAIMS VICTORY IN ROW OVER CALIFORNIA UNITARY TAX
Bruce Barnard |
The European Community claimed victory in a long-running battle against the state of California's un
Maritime
STRONG RAIL EQUIPMENT DEMAND A BOON FOR TWO CALIF. LESSORS
Allen R. Wastler |
Strong demand for rail equipment, heightened by this year's flooding in the Midwest, is giving two t
SUEZ CANAL EXPANSION ON HOLD CAIRO GOVERNMENT STRAPPED FOR CASH
Josh Martin |
Plans to expand the Suez Canal are expected to be delayed for three to five years, as the cash-strap
HARTFORD LIFE TO TRANSFER MEDICAL, DENTAL BUSINESS
Associated Press |
ITT Hartford Life Insurance Cos. said it intends to unload $820 million worth of its group medical a
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
BALTIC FREIGHT INDEX
JOC Staff |
1424 (Sept. 15, 1993) Previous day - 1419 The Baltic International Freight Futures Market in
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 15, 1993 Quotations are based on prices reported in the market or obtained
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 15, 1993 Copper Total, 94,914. Gold Total, .2,444,071.Silver Total, .2
SPOT COMMODITIES
JOC Staff |
Sept. 15, 1993 Included are list prices of suppliers. Quotations do not necessarily represen
TENNESSEE VALLEY GROWTH SKYROCKETS
Larry Hall |
Industrial growth is a growth industry in the Tennessee Valley these days. Last year compani
MANLEY BROTHERS BARGE AHEAD TO SALVAGE SUCCESS
Tom Wheatley |
In the Manley & Manley art of river salvage, brothers Jim and Bill take a back barge to no one. "We'
Maritime
INVESTORS EAGER TO BUILD OFFSHORE OIL TANKER DOCK
Anne Pearson |
A group of private investors hopes to launch a cheaper version of a deep- water oil tanker dock proj
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
ANALYSTS DIFFER ON BENEFITS OF CHINA BOOM TO ASIAN FIRMS
Lisa Twaronite |
One way or another, participants at the Asia Pacific Petroleum Conference, which closed here Wednesd
PHILLIPPINES PROHIBITS WESTINGHOUSE EQUIPMENT
Knight-Ridder Financial |
The Philippine National Power Corp. (Napocor) has decided to ban use of equipment made by Westinghou
STRIKE AT PHILADELPHIA GAS WORKS COULD HEAT UP AS WEATHER COOLS OFF
Marc Duvoisin |
Management personnel at Philadelphia Gas Works have been operating the system safely since union wor
THE ECONOMY BUSINESS INVENTORIES
Commerce Department; Knight-Ridder Tribune |
Number of months needed to use all stock at current selling rate RATIO IN MONTHS J
SINGAPORE CLOSE TO NYMEX DECISION
Lisa Twaronite |
Singapore authorities will likely make a decision by the end of this year on a proposal from the New
ALUMINUM CARS BECOMING STANDARD
Arthur Gottschalk |
Although they've been available for years, railroads and utilities are finally turning to aluminum-b
US FIRMS BEGIN OVERSEAS COAL SEARCH
Erich E. Toll |
U.S. energy companies are slowly and cautiously turning to coal mining overseas in a bid todiversify
GASOLINE PRICES
JOC Staff |
Sept. 15, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pr
SHIPPERS WIN KEY FEDERAL CASE ON UNDERCHARGES JUDGE SAYS COURT LACKS JURISDICTION
Gregory S. Johnson |
In a major victory for shippers, a federal court in Jacksonville, Fla., dismissed the lead underchar
DISPENSER MADE BY OHIO'S MONDIAL ENCLOSES DIRTY DIAPERS IN PLASTIC
Journal of Commerce Staff |
Mondial Industries Ltd. is selling a dispenser that encapsulates soiled plastic-based disposable dia
RAILS ON DIFFERENT TRACKS TO INDUSTRIAL DEVELOPMENT
Rip Watson |
U.S. railroads are pursuing divergent strategies for industrial development aimed at luring shippers
EMPHASIS ON TRANSPORT LURES INDUSTRY TO ALA.
Larry Hall |
A bid to attract industry by developing transportation resources in northern Alabama is paying divid
CALIFORNIA CAR CARE COMPANY STRIKES PAY DIRT IN JAPAN
Brian Johns |
While many companies use so-called private labeling agreements to elbow their way into overseas mark
INDIANA DOCKERS TREATED FOR REACTION TO RESIDUE
Knight-Ridder Newspapers |
Twenty Port of Indiana longshoremen were examined at dockside Tuesday after re- sidue in a ship's ho
Maritime
TEXTILES DRIVE BOX TRADE
Peter M. Tirschwell |
Without a war to inflate cargo volume, the containerized ocean trade movingfrom the Persian
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 15, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INCHCAPE TO REPRESENT NEW TAA RIVAL IN UK
Journal of Commerce Staff |
Alliance Navigation Line Inc., the newest small line to try and take on the 15-carrier Trans-Atlanti
Maritime
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