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NEDLLOYD DENIES MERGER RUMORS
Knight-Ridder Financial |
Nedlloyd Lines has denied persistent reports in the Dutch press that new chairman Leo Berndsen has b
Maritime
ARGENTINA AIMS TO CUT HEFTY RATES FOR INTERNATIONAL TELEPHONE CALLS
Peter Bate |
Argentina hopes to cut international telephone rates by the end of the year - rates that now are twi
Maritime
TRADE MINISTERS TO MEET NEXT WEEK TO FINALIZE SIDE DEALS FOR NAFTA
Leo Ryan |
The top trade officials of the United States, Canada and Mexico agreed to meet next Thursday and Fri
Maritime
FRANCE PUTS BEST FEET FORWARD IN PRIVATIZATION PROGRAM
Tara Patel |
In placing oil group Elf Aquitaine and chemicals company Rhone-Poulenc SA in the first wave of priva
Maritime
AT THE PUMP, CONSUMERS GET MORE BANG FOR THEIR BUCK
Mary Helen Frederick |
Gasoline prices are dropping at pumps on the Peninsula and across the nation, thanks to an abundance
ITT HARTFORD ELIMINATES 27 JOBS, MAY SLASH ANOTHER 225 IN OVERHAUL
Paul Dykewicz |
One of the nation's largest insurers, ITT Hartford Insurance Group, is cutting 27 employees and weig
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
EXPORT ABCS - HENRY A. SAMUEL FLEDGLING EXPORTERS SHOULD BEGIN WITH NARROW SCOPE OF OPERATIONS
Henry A. Samuel |
New-to-export entrepreneurs should begin operating within narrow parameters, then widen the scope as
Maritime
DELTA TURNED PROFIT IN QUARTER BUT YEARLY LOSS SINKS TO RECORD
Journal of Commerce Staff |
Delta Air Lines reported Thursday that it earned $7.1 million in the quarter ended June 30, 1993, it
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
SRI LANKA VOWS MORE OPENINGS IN INDUSTRIES TO FOREIGN INVESTORS
N. Vasuki Rao |
Sri Lanka is promising to throw open more industries to foreign participation, relax foreign exchang
Maritime
TRADE BRIEFS
Wire and Staff Reports |
ALCATEL BUYS UNIT OF NORTHERN TELECOMPARIS - French electrical engineering group Alc
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 22, 1993Bid AskedCopper_
AFRICANS TO CONSIDER COFFEE EXPORT-RETENTION PLAN
Knight-Ridder Financial |
African coffee ministers will be asked to endorse Inter-African Coffee Organization-sponsored propos
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
WELLCOME SCIENTISTS RULED AZT INVENTORSNEW BERN, N.C. - A federal judge ruled Thursd
COMEX METAL WAREHOUSE
JOC Staff |
July 22, 1993 Copper Total, 112,260. Gold Total, .2,369,032.Silver Total, .27
CSX OPPOSES MARITIME UNIONS' BID FOR MARAD HEARING ON REFLAGGING
Tim Shorrock |
A broad coalition of maritime unions has asked Transportation Secretary Federico Pena to convene a f
Maritime
FEDERAL EXPRESS TO ESTABLISH ASIAN HUB AT FORMER NAVAL BASE, PHILIPPINES SAYS
Michael Di Cicco |
Federal Express Corp. plans to set up a $100 million Asian hub at the former U.S. naval base at Subi
KEY LATIN GROUP RAPS TRADE BARRIERS FOUND IN US, EUROPE
Kevin Hall |
Trade barriers erected by industrialized nations continue to beleaguer efforts by developing nations
Maritime
RUSSIAN PARLIAMENT APPROVES LAW EXTENDING FOREIGN INVESTORS' RIGHTS
Grigori Gerenstein |
Russia's Parliament passed a law on concessions and other agreements with foreign investors that all
Maritime
ENERGY FIRMS IN HOUSTON POST GAINS
David Ivanovich |
Energy companies here were as hot as jalapeno peppers in the second quarter. Panhandle Easte
TWO FORMER CBT MEMBERS INDICTED IN UNAUTHORIZED TRADING SCHEME
WILLIAM B. CRAWFORD Jr. |
Two Chicago Board of Trade members who embarked on an unauthorized trading spree in separate financi
WORLD BANK APPROVES LOANS WORTH $750 MILLION FOR POLAND
Reuters |
The World Bank approved two new loans for Poland on Thursday worth a total of $750 million, Finance
TRANSPORT BRIEFS
From Wire and Staff Reports |
FFE SET TO OFFER LTL SERVICE TO MEXICOFFE Transportation Services Inc., a refrigerated motor
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
ASIAN FUTURES
JOC Staff |
July 22, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
MEDIUM-SIZED BOXSHIP GLUT DRIVES DOWN CHARTER RATES
Peter M. Tirschwell |
An overabundance of medium-sized containerships becoming available on the worldwide charter market a
Maritime
JOURNAL OF COMMERCE - FAST FACTS TOP MARKETS FOR U.S. BEEF AND VEAL, 1992
U.S. Department of Agriculture, Cattle-Fax. |
No text.
PEOPLE - MARITIME
From Wire and Staff Reports |
MARINESAFETY INTERNATIONAL (Kings Point, N.Y.) - Douglas E. Ullman was named marketing manager for t
Maritime
NAFTA WOULD HURT US FARM EXPORTS, GROUPS TELL SENATE COMMITTEE
Stephanie Nall |
Far from being a boon to trade, the proposed North American free-trade agreement would hurt U.S. far
Maritime
OPEC SCRAMBLES TO UNITE AHEAD OF POSSIBLE IRAQI SALE
Randall Palmer |
OPEC tried Thursday to persuade skeptical oil markets that it would be able to put its house in orde
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 22, 1993 Quotations are based on prices reported in the market or obtained
SOME LOCKS OPEN TO MOVE COMMERCE ALONG MISSISSIPPI
John Boyd |
"We're open, and we've got a tow in the chamber right now," said Lorin Hager, lockmaster at the U.S.
ICC SOLICITS COMMENTS ON WEIGHTY YELLOW ISSUE
Dane Hamilton |
States, motor carriers and other interested parties have until Aug. 1 to comment on Interstate Comme
CONRAIL REVISES 5-YEAR PLAN DOWNWARD BY $400 MILLION
Lawrence H Kaufman |
Consolidated Rail Corp. has revised its five-year business plan downward by $400 million, but still
CRST VAGUE ON REASONS FOR SHUTTING EDEN AIR
William Armbruster |
Eden Air Freight ceased operations because it failed to meet the expectations of its new parent comp
UNION PACIFIC, HUB INK INTERMODAL PACT
Rip Watson |
Union Pacific Railroad is raising its intermodal profile by signing an equipment management agreemen
UNITED, UNIONS DISCUSS CONCESSIONS
From Wire Reports |
United Airlines and its employee unions have begun talks on a union proposal to trade labor concessi
YELLOW CORP. POSTS DIP IN 2ND-QUARTER EARNINGS
Journal of Commerce Staff |
Yellow Corp. Thursday reported earnings of $9.3 million, or 33 cents a share, for the second quarter
RIOT POLICE STAND ALERT AT S. KOREA'S HYUNDAI PLANTS
Lim Yun-Suk |
Thousands of riot police on full alert massed around Hyundai Group factories Thursday as industrial
Maritime
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