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AMERICAN, DELTA PLAN MORE CUTS IN STAFF, SERVICE AS RECOVERY LAGS
Reuters |
American and Delta airlines pledged this week to keep cutting costs in order to help speed recovery
COST OF CREDIT
JOC Staff |
Thursday, Sept. 2, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JOURNAL OF COMMERCE - FAST FACTS US-SOUTH AMERICA OCEAN CARGO
Port Import/Export Reporting Service, New York |
January - June, in Thousands of TEUs (20-foot equivalent units) From U.S. To U.S.199
ONCE BITTEN, FOREIGN SHIPPING LINES NOW SHY FROM US POLITICAL SCENE
Allen R. Wastler |
Foreign ship lines do sometimes dabble in American politics, but a recent campaign money laundering
Maritime
ASIAN FUTURES
JOC Staff |
Sept. 2, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
ASIA-PACIFIC CABLE LINK IS ACTIVATED
Journal of Commerce Staff |
American Telephone & Telegraph Co. along with 42 other international carriers activated service Thur
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
'91 INSURANCE PREMIUM INCOME UP WORLDWIDE, DOWN FOR US
John Zarocostas |
Premium income for the insurance industry worldwide from direct business grew 1.6 percent in 1991 to
EVERGREEN AIR TO BEGIN CHINA SERVICE THIS MONTH
William Armbruster |
Evergreen International Airlines plans to start its weekly freighter servicefrom New York to
HURRICANE WREAKS HAVOC ON NORTH CAROLINA TOURISM
From Wire and Staff Reports |
Hurricane Emily blew out to sea after battering beach communities in North Carolina, where it claime
Maritime
SMOOTH SAILING GREETS BARGES ON STILL-SWOLLEN MISSISSIPPI
John Boyd |
Barge traffic conditions continued to improve along Midwest rivers this week, without any reports of
Maritime
CSX SPILL LEAKED ALMOST ALL OF CHEMICAL
Associated Press |
A state environmental official said nearly all of a potentially hazardous chemical in a tanker from
UNITED'S UNION LEADERS TO MEET NEXT WEEK
Reuters |
United Airlines' union officials will meet next week in New York to discuss framing a deal to get a
GASOLINE PRICES
JOC Staff |
Sept. 2, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
JAPAN ADDS 8 SECTORS TO OFFER TO FREE UP SERVICES TRADE
John Zarocostas |
Japan has proposed opening up eight new services sectors in global trade liberalization talks, inclu
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 2, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COAL SUPPLIES CUT, STEEL PLANT IN ZIMBABWE FACES SHUTDOWN
Francis Mdlongwa |
Zimbabwe's giant Iron and Steel Co. (Zisco), one of Africa's largest steel plants, said Thursday it
WORLD BANK PROPOSES GAZA, WEST BANK ECONOMIC PLAN
Rich Miller |
The World Bank has put forward a $4.3 billion economic development plan for the West Bank and Gaza S
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 2, 1993Bid AskedCopper_
FREIGHT RATE FUTURES
JOC Staff |
Sept. 2, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Sept. 2, 1993Prev. Life of Contr. OpenOpen High Low
LLOYD'S UNDERWRITERS' SALARIES ANGER CASH-STRAPPED INVESTORS
Reuters |
More than 150 underwriters in the money-losing Lloyd's of London insurance market were each paid UK1
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 2, 1993 Quotations are based on prices reported in the market or obtained
WASHINGTON LAUNCHES CRACKDOWN ON TANKERS LACKING SPILL PLANS
John Davies |
Washington state will impose a crackdown today on tankers that enter state waters without filing oil
Maritime
JAPANESE BUSINESS LOBBY HALTS POLITICAL FUNDING
Kazufumi Taniguchi |
Japan's most powerful business lobby said Thursday that it will halt its 32- year practice of funnel
Maritime
CHEMICAL-SPILL ALLEGATIONS PROBED AT COLORADO FIRM
Associated Press |
The Environmental Protection Agency is investigating Syntex Chemicals Inc. after it was alleged the
ICC ALLOWS PROPOSED UP-CNW DEAL TO PROCEED
Journal of Commerce Staff |
The Interstate Commerce Commission has denied motions by competitors and rail labor to scuttle the p
ENERGY BRIEFS
From Wire and Staff Reports |
MAIN LABOR UNION HALTS STRIKE IN NIGERIALAGOS, Nigeria - Nigeria's main labor union
CALIF. MOVES TO END DISPUTE WITH BRITAIN
Reuters |
The California Senate passed a measure this week aimed at ending a tax dispute with Britain.
Maritime
WASHINGTON, MOSCOW SIGN TRADE, INVESTMENT ACCORDS US-RUSSIA PACTS REINFORCE GROWING LINKS
Richard Lawrence |
The United States and Russia Thursday signed trade, investment and other accords that appeared likel
TRUNKLINE GAS IMPLEMENTS ENERGY ORDER
JOC Staff |
Trunkline Gas Co., a subsidiary of Panhandle Eastern Corp., Wednesday began operating under Federal
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Sept. 2, 1993 Prevailing sellers' posted prices at the close of business, represent
JAPAN'S TAX REVENUE EXPECTED TO FALL SHORT
Reuters |
Japan's tax revenue shortfall for fiscal 1993-94 ending next March could total 5 trillion yen ($47.6
FEDERAL EXPRESS TO LEASE, CONVERT 13 AIRBUS PLANES FROM LUFTHANSA
William Armbruster |
Federal Express Corp. announced Thursday that it will be leasing 13 Airbus planes from Lufthansa Ger
DOLE COMPARES NAFTA BATTLE TO AMERICA'S RIFT OVER VIETNAM
Ingrid Negrete |
Sen. Robert Dole, R-Kan., said the proposed North American free-trade agreement had caused the most
Maritime
ONTARIO-QUEBEC DISPUTE MAY LEAD TO TRADE WAR
Leo Ryan |
Canada's two biggest provinces, Quebec and Ontario, could soon be headed for a trade battle.
Maritime
GOVERNMENT IN SPAIN OPENS TALKS ON LABOR PACT
Gayle Allard |
Spain's Socialist government began meetings Thursday with the main labor unions and the businessmen'
Maritime
OPEC QUOTA-BUSTING EXPECTED TO CONTINUE
Mike Collett-White |
Despite the weak market, members of the Organization of Petroleum Exporting Countries will continue
CROWLEY'S BARGE UNIT TO QUIT HAWAII TRADE
Allen R. Wastler |
Crowley Marine Services, the barge operator for Crowley Maritime Corp., is ending in late October it
Maritime
STRIFE SPELLS DOOM FOR MARSEILLES, FATALISTIC SHIPPERS, SHIPOWNERS SAY
Tara Patel |
The Mediterranean Port of Marseilles had a dismal week. While representatives of the dockwor
Maritime
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