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INSURANCE BRIEFS
Wire and Staff Reports |
YASUDA BUYS 10 PERCENT STAKE IN INA LIFE JAPANPHILADELPHIA - Yasuda Fire and Marine
FOREIGN DIRECT INVESTMENT IN US FALLS TO $2.4 BILLION
Michael Duvally |
Crimped by the U.S. recession and deteriorating economic conditions at home, major trading partners
NORTHWEST DELAYS BANKRUPTCY FILING WHILE UNIONS WEIGH CONCESSIONS
Journal of Commerce Staff |
Northwest Airlines will delay a bankruptcy filing while its unions meet to weigh possible concession
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 7, 1993Prev. Life of Contr. OpenOpen High Low
MARITIME SAFETY IS IN JEOPARDY, SHIP OFFICIAL WARNS GOVERNMENTS FAIL TO BACK SATELLITE COMMITMENTS
Janet Porter |
Maritime safety is being jeopardized by the failure of many governments to honor international commi
Maritime
GASOLINE PRICES
JOC Staff |
July 7, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
COMEX METAL WAREHOUSE
JOC Staff |
July 7, 1993 Copper Total, 106,311. Gold Total, .2,245,647.Silver Tot
BOARD READIES FOR STORM ON CATASTROPHE POLICIES
Margo D. Beller |
As Hurricane Calvin crept northward Wednesday along Mexico's Pacific coast, the U.S. Financial Accou
OLIN CHIEF SAYS SUPERFUND REQUIRES LEGISLATIVE SURGERY
Ira Breskin |
The federal Superfund law is "so badly broken that it needs a complete legislative overhaul," accord
CHINA'S CURRENCY SQUEEZE PUTS BRAKES ON THE SHIP DEMOLITION MARKET
Janet Porter |
A shortage of foreign exchange in China has put the brakes on the country's rapidly expanding ship d
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
HUB GROUP INC. (Lombard, Ill.) - William G. Ditoro was named director of marketing in the Stamford,
TRANSPORT BRIEFS
Wire and Staff Reports |
BN, DISPATCHERS AGREE ON CONSOLIDATION PLANFORT WORTH - Members of the American Trai
COST OF CREDIT
JOC Staff |
Wednesday, July 7, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
HONG KONG BOX VOLUME PUTS PRESSURE ON FACILITIES
P.T. Bangsberg |
Container traffic through Hong Kong, already the world's busiest boxport, is likely to grow more tha
Maritime
US SHIPBROKER ENTERS FORMER SOVIET MARKET
Alan Abrams |
Betting that the rich trove of raw materials in the former Soviet Union will find consumers in world
Maritime
PORT OF TAMPA'S ILA LOCALS FACE DISMAL PROSPECTS FOR RECOVERY
Craig Dunlap |
Life is draining out of the International Longshoremen's Association at the Port of Tampa, Fla., and
Maritime
TRUMKA LAUDS NEW ACCORD BETWEEN COAL MINERS, FIRMS
Tim Shorrock |
A new labor agreement between the United Mine Workers of America and an independent group of mining
MASSPORT TO RETIRE CONTAINER CRANE FOR URGENT, MONTH-LONG REPAIRS
Michael S. Lelyveld |
One of two container cranes at the Massachusetts Port Authority's Moran Terminal is in urgent need o
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
EUROPEAN BUSINESS VOICES HOPE FOR BROADER TRADE LIBERALIZATION
Keith M. Rockwell |
European business leaders extended cautious approval Wednesday for the market-access package hammere
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
US-JAPANESE COOPERATION MAY SIGNAL IMPROVED TIES
Mark Magnier |
The bilateral cooperation that led to a tariff-reduction deal Wednesday may provide early signs of a
Maritime
OLD CHARTS, HIGH SPEED CITED IN QE2 ACCIDENT
Reuters |
A British inquiry into the grounding of the Queen Elizabeth 2 liner off Massachusetts last year repo
Maritime
INFLATION FEARS PROPEL GOLD PRICE TO NEW HIGH
From Wire and Staff Reports |
Gold prices hit a 2 1/2-year high Wednesday, ignited by Asian and European fears of inflation.
PPG INDUSTRIES TO EXIT GLASS PRODUCTS BUSINESS
Knight-Ridder Financial |
PPG Industries Wednesday said it was exiting the commercial glass products business, a move that wil
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending July 2, 1993. U
FINANCING TRADE - GORDON PLATT BARTER, COUNTERTRADE GAIN IN FORMER USSR, WANE IN LATIN AMERICA
Gordon Platt |
International barter and countertrade, whereby exporters accept payment in goods and services instea
Maritime
NJ DREDGING PROJECT SCHEDULED TO END TODAY
Alice Cantwell |
A project to deepen berths at the Port Newark/Elizabeth marine terminal by removing dioxin-tainted s
Maritime
W. COAST DOCKERS GET "EVERYTHING' IN PACT, SOURCES SAY
Allen R. Wastler |
West Coast dockworkers "got everything they wanted" in the new longshore pact, according to sources
Maritime
US EX-IM BANK, RUSSIA SIGN AGREEMENT ON OIL, GAS
Richard Lawrence |
The U.S. Export-Import Bank and the Russian government signed an oil and gas ''framework" agreement
CONSUMER PRICES RISE BY 0.9 PERCENT IN BOLIVIA
JOC Staff |
Bolivia's consumer price index rose 0.90 percent in June, taking inflation in the 12 months to June
Maritime
RATES FOR RAIL FREIGHT JUMP 39 PERCENT IN CHINA
Journal of Commerce Staff |
China's ruling body, the State Council, boosted rail freight charges 39 percent in an attempt to rai
COMMISSION TO REVIEW RAILWAY LABOR ACT
Journal of Commerce Staff |
A Department of Labor commission appointed to review labor-management relations indicated it will in
INSIDE TALK - LARRY KAUFMAN AMERICAN RAILROADERS LOOK FORWARD TO JUMP IN MEXICAN BUSINESS
Larry Kaufman |
U.S. railroads are doing an increasing amount of business with Ferrocarriles Nacionales de Mexico, t
EC OFFICIALS DIFFER WITH US ON JAPAN TRADE
Mark Magnier |
In bilateral meetings with Japan on the eve of the three-day economic summit here, European Communit
BALTIC FREIGHT INDEX
JOC Staff |
1424 (July 6, 1993) Previous day - 1435 The Baltic International Freight Futures Market in L
Maritime
RESUMED TALKS UNLIKELY TO PRODUCE STEEL DEAL
John Zarocostas |
Steel negotiators from more than 30 nations, accounting for about 80 percent of global steel trade,
Maritime
ASIA NICKEL TRADERS PLAY DOWN INCO OUTAGE
Knight-Ridder Financial |
Recent news from PT International Nickel Indonesia (PT Inco) that one of its three electric furnaces
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