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TRANSCO REPORTS PROFIT FOR QUARTER BUT IS UNHAPPY WITH GAS RESULTS
Knight-Ridder Financial |
Transco Energy Co. said it had net income of $1.4 million, or 4 cents per share, in the second quart
EC WILL CONTINUE TALKS WITH RUSSIA ON VOLUNTARY ALUMINUM EXPORT LIMITS
Simon Clow |
The European Commission says it will press ahead with efforts to persuade Russia to voluntarily limi
PEOPLE - MARITIME
From Wire and Staff Reports |
IVARAN AGENCIES (Jersey City, N.J.) - Ivaran Agencies, the wholly owned agent for Ivaran Lines of No
Maritime
UPS, TEAMSTERS AGREE TO CONTRACT EXTENSION
Mark B. Solomon |
United Parcel Service and the Teamsters union, realizing they will not come to terms on a new collec
FRANCE, GERMANY STRESS COOPERATION OFFICIALS DOWNPLAY MONETARY RIFT
Tara Patel |
French and German monetary officials went out of their way Tuesday to play down the bilateral tensio
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
BALTIC FREIGHT INDEX
JOC Staff |
1333 (Aug. 3, 1993) Previous day - 1337 The Baltic International Freight Futures Market in L
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 3, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
SPOT PRODUCT PRICES
JOC Staff |
Aug. 3, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
EC RULE ON LATIN AMERICAN BANANAS FORCES LAYOFFS BY GERMAN IMPORTER
Miriam Widman |
Germany's largest importer of bananas plans to lay off 500 employees and close its newly built fruit
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
COMPANIES COMPLETE KEMPER STOCK SWAPLONG GROVE, Ill. - Kemper Reinsurance Co. and Na
USDA ASKS JUSTICE TO REVIEW GRAIN PRACTICES AT WASH. TERMINAL
John Davies |
The Department of Agriculture is asking the Justice Department to review the findings of a two-year
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
UAL FINDS A BUYER FOR AIR WISCONSINUAL Corp., parent of United Airlines, said it will sell i
TRADE BRIEFS
Wire and Staff Reports |
CHINA MOVES TO SECOND ON JAPAN TRADE LISTTOKYO - China replaced Germany as Japan's s
Maritime
US BUYERS PUSH SAUDIS TO USE A MIX OF CRUDE OILS IN NEW PRICE FORMULA
David Bird |
Some U.S. buyers said they will urge Saudi Aramco to use a mix of crudes in its new price formula, d
STEEL PRICES BEGIN TO FALL AS CHINA ACTS TO CURB GROWTH
P.T. Bangsberg |
Prices of rolled steel in China have begun to drop, indicating some success in the government's atte
Maritime
VIETNAM OKS BRUNEI FIRM'S PLAN FOR $9 BILLION IN INVESTMENTS
Reuters |
A Brunei company controlled by the younger brother of the country's sultan said it won approval to i
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
Of all the business people I've ever met, Stew Leonard has to rank as the most infectiouslyenthusias
Maritime
SPRING TURNAROUND LIFTS HOPES FOR CARGO GROWTH AT VA. PORTS
Alice Cantwell |
Virginia ports saw modest growth in containerized cargo for the first six months of the year, and a
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
ACE POSTS INCREASE IN 3RD-QUARTER INCOMEHAMILTON, Bermuda - ACE Limited reported a g
BUDGET BILL FEATURES COMPROMISE ON AGENT/BROKER INTANGIBLE ASSETS
Paul Dykewicz |
Insurance agents and brokers won an important victory on a provision of the federal budget bill that
BRAZIL STUDIES TRANSPORT LINK TO PACIFIC VIA PERU AND CHILE
Patricia Saldanha |
Brazil's government has ordered feasibility studies for the creation of rail, road and river links b
AIR EXPRESS INTERNATIONAL FORMS PANAMANIAN UNIT
Journal of Commerce Staff |
Air Express International said it has formed a wholly owned subsidiary in Panama. The Darien
RAILS CONSIDER LEGISLATIVE REQUEST FOR AID IN WAKE OF FLOOD LOSSES
Rip Watson |
Six weeks of flooding may cost major U.S. rail carriers in excess of $200 million, but the industry'
IN SURPRISE MOVE, MASS. GOVERNOR TAPS PORT AUTHORITY TO BUILD STADIUM
Michael S. Lelyveld |
Just days after gaining control of the Massachusetts Port Authority, Gov. William F. Weld has shocke
Maritime
W. TEXAS SOUR PRICES FALL ON SELLING BY MAJORS
Knight-Ridder Financial |
Cash prices for West Texas Sour crude fell hard Tuesday in response to high levels of major company
SUGAR FUTURES STAGE LATE RALLY ON TALK OF PURCHASES BY EX-SOVIET COUNTRIES
Knight-Ridder Financial |
Sugar futures surged in late trading here, climbing to three-and-one-half- week highs amid talk that
SPOT COMMODITIES
JOC Staff |
Aug. 3, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
TRADE BRIEFS
Wire and Staff Reports |
JAPAN, US AGREE ON FOREIGN CHIP SHAREKYOTO, Japan - Japan and the United States ende
Maritime
CLARIFICATION
JOC Staff |
In the story "Analysts: Sea-Land's Belt-Tightening Boosts Bottom Line," which appeared on Page 1B Tu
Maritime
DAVID ROMANO, SALES AGENT FOR CONSOLIDATORS, DIES AT 47
Journal of Commerce Staff |
David Romano, an independent sales representative for RCL Agencies and other non-vessel-operating co
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
HOMES IN OKLA. EVACUATED AFTER BUTANE LINE RUPTURE
P.J. Lassek |
Koch Industry officials spent Monday flushing butane from a transmission pipeline that ruptured Sund
CORRECTION
JOC Staff |
The story headlined "Insurers Seek Space, Not Stakes, in Lloyd's," which appeared on Page 8A on Frid
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 3, 1993Bid AskedCopper_G
ICC STICKS TO ITS GUNS IN TRUCK UNDERCHARGE CASE
Mark B. Solomon |
The Interstate Commerce Commission Tuesday upheld its own standard for determining the reasonablenes
JAPAN FIRMS EYE PRODUCTION ABROAD AS YEN VALUE RISES
Chikafumi Hodo |
The yen's continued strength is prompting many Japanese companies to consider moving production cent
BANK GROUP SELLS COVER FOR SMALL CHEMICAL FIRMS
Ira Breskin |
The Independent Bankers Association of America is selling environmental risk insurance to banks in a
RUDDER PROBLEM FORCES SHIP TO CAPE TOWN
Knight-Ridder Financial |
The 14,731-deadweight-ton freighter Franina is heading for Cape Town, South Africa, with rudder prob
Maritime
RUSSIA TO GET $19.3 MILLION IN US PORK
Knight-Ridder Financial |
The United States Department of Agriculture and Russia signed an unannounced agreement in late June
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