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INDIAN SHIPOWNER TO BUY FOUR TANKERS FROM RUSSIA
Madhav Reddy |
Essar Shipping, India's second-biggest private sector shipowner, is negotiating to buy four tankers
Maritime
GASOLINE STOCKS LOWEST SINCE '91
Knight-Ridder Financial |
U.S. gasoline stocks are at their lowest levels since mid-November 1991, analysts said. Gaso
STRIKE OVER NIGERIA ELECTION WREAKS HAVOC ON SERVICES
Frank Aigbogun |
A five-day strike against Nigeria's new government by workers including those in the oil industry sp
ANTI-ESTROGEN DRUG TAMOXIFEN TIED TO DROP IN HEART DISEASE
Reuters |
The anti-estrogen drug Tamoxifen significantly reduced heart disease in breast cancer patients who t
SOYBEAN FUTURES FALL ON STABLE HARVEST OUTLOOK
Knight-Ridder Financial |
Soybean futures closed sharply lower for a second straight session, remaining under pressure from sp
LOTTERY TO DETERMINE RECIPIENTS OF MS DRUG
Marian Uhlman |
A heralded new treatment for multiple sclerosis is likely to be in such short supply that its market
SCHNEIDER NATIONAL MAKES IT OFFICIAL, SETS INCREASE IN FREIGHT RATES AT 1.8 PERCENT
Dane Hamilton |
Ending weeks of uncertainty, Schneider National Inc., the nation's largest truckload carrier, has se
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 1, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
Sept. 1, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
INSPECTION OF CHINA SHIP CONTINUES
Reuters |
Experts have yet to complete inspection of a Chinese ship suspected by the United States of carrying
Maritime
THE ECONOMY
Commerce Department; Knight-Ridder Tribune |
PERSONAL INCOME Percent change JulyPersonal income -0.2%Personal spendin
US DOLLAR TRADES MIXED MARKET IGNORES ECONOMIC DATA
Alan Zimmerman |
The U.S. dollar was mixed Wednesday, rising against the Japanese yen but falling against the deutsch
TRADE COURT RULES ASIAN IMPORTS AREN'T HURTING US SWEATER INDUSTRY
Robin Bulman |
Sweater imports from three Asian countries did not materially injure the domestic industry, the U.S.
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 |
Sept. 1, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INSURERS ALLEGE EXXON CLEANUP WAS "PR PLOY'
Richard Pyle |
Exxon Corp.'s cleanup after the 1989 Exxon Valdez oil spill in Alaska was a public relations ploy, s
CASINOS SEEK TAX RELIEF IN LA. ENTERPRISE ZONE
Associated Press |
Shreveport-Bossier City's three dockside casino operators have applied for tax breaks under Louisian
Maritime
ICC PROPOSES TO FINE-TUNE ACCOUNT CODE PROCEDURES
Journal of Commerce Staff |
The Interstate Commerce Commission is proposing to refine its procedures thatallow rates for
PEOPLE - TRANSPORT
From Wire and Staff Reports |
NORTHWEST AIRLINES (St. Paul, Minn.) - Clay Foushee was named vice president of flight operations, r
PENA PLEDGES FEDERAL HELP FOR ALAMEDA CORRIDOR
Kevin G. Hall |
Touring Southern California ports, Transportation Secretary Federico Pena has pledged the federal go
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 1, 1993Brent Crude Oil - (Dollars Per Barrel)
DUTCH FIRM WORKING TO SEND RUSSIA VODKA
Associated Press |
Workers at a local family-run distillery are doing double shifts to help Russia satisfy its vodka sh
Maritime
GUIDE AIDS SHIPPERS OF HAZARDOUS CARGO
Journal of Commerce Staff |
Australia-New Zealand Direct Line has launched a program designed to make its services more attracti
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRANSPORT CALENDAR
JOC Staff |
Transportation and Logistics Management Courses. Starting Sept. 2 at Nassau Community College,Garden
FEDERAL EXPRESS UPS THE ANTE, OFFERS GUARANTEED MIDDAY DELIVERY TO EUROPE
William Armbruster |
Federal Express Corp. launched a new initiative Wednesday aimed at helping it take a larger bite of
TSA QUITS MARSEILLES OVER PORT'S LABOR STRIFE
Tara Patel |
TSA, one of the Port of Marseilles' biggest clients for general cargo between Europe and the Far Eas
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
POLICE DISBAND PROTESTERS AS ILA, TEAMSTERS FACE OFF AT NJ DOCK
Knight-Ridder Newspapers |
They came in squad cars, vans and finally a New Jersey Transit bus, about 120 police officers in rio
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CLINTON PLANS MEETING WITH ITALIAN PRESIDENTPresident Clinton will meet with Italian Preside
Maritime
TRADE PANEL TRIGGERS CHINESE ACID PROBE
Journal of Commerce Staff |
Imports of Chinese sebacic acid may be causing or threatening economic harm to U.S. acid producers,
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 1, 1993 Copper Total, 100,631. Gold Total, .2,494,158.Silver To
POST-ANDREW INSURANCE RATES SOAR FOR FLA. COMMERCIAL PROPERTY
David Satterfield |
In the big-dollar world of commercial insurance - coverage for businesses and condominium associatio
CIBA-GEIGY'S 1ST-HALF PROFIT IS STABLE DESPITE LOWER SALES
Peter Nielsen |
Switzerland's largest chemicals group, Ciba-Geigy AG, Wednesday reported stable profit for the first
LAGOS PORTS HIT BY DEMOCRACY STRIKE
Reuters |
Nigeria's main seaports were crippled Tuesday by strikes by workers opposed to the country's new une
Maritime
SUB-TANKER COLLISION TO COST FRANCE UP TO $6.9 MILLION
Associated Press |
A French nuclear submarine's collision with an oil tanker two weeks ago will cost the navy 30 millio
Maritime
MAASTRICHT CRITICS SAY BUDGET GOALS FUEL RECESSION
Alan Raybould |
The exchange rate mechanism (ERM) of the European Monetary System is all but dead, and European coun
LUFTHANSA TIES US ALLIANCE TO RESULT OF BILATERAL TALKS
From Wire Reports |
Lufthansa German Airlines is still holding talks on a cooperation agreement with a U.S. airline, but
ASIAN BANK INVESTIGATES WAYS TO FUND ROAD, RAIL PROJECTS
Reuters |
The Asian Development Bank will study possible financing for major road and rail projects linking co
ELECTRICAL FAILURE SHUTS DOWN RADAR, JAMS TRAFFIC AT SOUTHEAST AIRPORTS
Kathleen Kernicky |
A computer switch failed at a regional air traffic center near Jacksonville, Fla., delaying flights
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