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CHINA NOT READY TO SCRAP FEC
Reuters |
China has no plans to scrap Foreign Exchange Certificates (FEC) soon, despite the fact that Beijing
THE ECONOMY
Commerce Department; Knight-Ridder Tribune |
FACTORY ORDERS Percent change MayDurable goods -1.7%Non-durable goods
OIL CHIEF RESIGNS IN AZERBAIJAN
Reuters |
The head of Azerbaijan's state oil company Socar said Wednesday that he had resigned, putting in dou
TWO FORMER MEBA LEADERS INDICTED
Tim Shorrock |
Two former presidents of a key maritime labor union and 14 lower-ranking ex- officials were indicted
NEW WEATHER CODES, AIMING TO BOOST AIR SAFETY, START TODAY
Reuters |
New meteorological codes go into effect worldwide today to provide more accuracy in weather forecast
JAPAN MAY OPEN UP TRANSPORT INSURANCE
John Zarocostas |
Japan has proposed in global trade talks to allow foreign insurers to provide coverage for its natio
GENERAL ELECTRIC TO CLOSE TRAIN REPAIR PLANT IN MO.
St. Louis Post-Dispatch |
General Electric Co. is closing its electric train engine repair facility in St. Louis, likely throw
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
API WEEKLY REPORT GASOLINE SUPPLIES FELL LAST WEEK
Journal of Commerce Staff |
Gasoline inventories fell by 2.9 million barrels in the week ended June 25 compared with the previou
MAJOR MAKES IMPASSIONED PLEA FOR PROGRESS IN URUGUAY ROUND
Keith M. Rockwell |
British Prime Minister John Major made an impassioned plea to his fellow Group of 7 leaders Wednesda
Maritime
US, CANADA PRESS MEXICO TO ADOPT UNIFORM HAZARDOUS CARGO STANDARDS
Kevin G. Hall |
As Mexico puts meat to the skeleton of its recently announced hazardous materials regulations, U.S.
TWO CONSOLIDATORS MERGE IN HOUSTON
Journal of Commerce Staff |
Chastain Shipping Co. and Duchess Shipping Co., two Houston-based cargo consolidators, said they mer
Maritime
MISSISSIPPI RIVER FLOODING SLOWS RAILS, BUT TRAFFIC DIVERSIONS ARE MINIMAL
Lawrence H Kaufman |
The worst flood on the upper Mississippi River in nearly 30 years has slowed rail operations but so
ANALYSTS OPTIMISTIC ON TURNAROUND AS BERNDSEN TAKES NEDLLOYD HELM
Bruce Barnard |
Leo Berndsen will bring a totally new style today when he takes over as chairman of Nedlloyd NV.
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, June 30, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
WEST ACCUSED OF DOUBLE STANDARD ON TIMBER
Reuters |
Environmental activists have accused Western nations of pure trade discrimination against producers
Maritime
ELECTRONIC CUSTOMS GAINS MORE VOLTAGE IN LATIN COUNTRIES
Charles W. Thurston |
The number of Latin American and Caribbean nations using electronic customs filing systems could dou
Maritime
ILL. HOUSE REJECTS BID BY UTILITY FOR FLEXIBILITY
Rick Pearson |
It had all the elements of a deal: the support of Illinois House Speaker Michael Madigan, the backin
CORRECTION
JOC Staff |
The story "State-of-the-Art Coffee Plant Opens in New Orleans" and the accompanying graphic "Top US
Maritime
WEST COAST DOCK TALKS STRETCH LIMITS OF DEADLINE
Allen R. Wastler |
Key labor negotiations involving West Coast dockworkers and American seafarers are going down to the
Maritime
TRUCKERS FEAR MASS. BUDGET PROPOSAL WILL LEAD TO "BACKDOOR DEREGULATION'
Michael S. Lelyveld |
Truckers are worried that a Massachusetts budget plan will lead to "backdoor deregulation" of the tr
GASOLINE PRICES
JOC Staff |
June 30, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
TRADING WITH KAZAKHSTAN US AGENCIES TOUT PROMISE OF KAZAKHSTAN AS PARTNER
Kenneth Wolf |
For U.S. exporters and foreign investors, the road to Kazakhstan is, for the most part, long and per
Maritime
ASIAN FUTURES
JOC Staff |
June 30, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 205.14 off 0.07 which compares
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/30 6/29 Change % Change: 6/7
ECOLOGY RULING ENDANGERS NAFTA, URUGUAY ROUND
John Maggs |
A court ruling in Washington Wednesday plunged into doubt the future of the North American free-trad
INSIDE TALK - ALLEN WASTLER DECISIVE, COLORFUL OAKLAND PORT CHIEF COMES UNDER FIRE
Allen Wastler |
There's some derogatory talk circulating around the Port of Oakland these days concerning Bill Steve
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
US GAS INDUSTRY POISED FOR UPTURN, SURVEY SAYS
Michael J. Strauss |
Signs of stronger fundamentals in the U.S. natural gas industry have sparked optimism that it may be
TRADE BRIEFS
Wire and Staff Reports |
RUSSIAN EXPORT VALUES OFF; VOLUME INCREASESRussian hard-currency export revenue dropped in t
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
DREDGING PROJECT NEARS COMPLETION IN NEW JERSEY
Alice Cantwell |
The controversial project to remove dioxin-contaminated sediment from 62 berths in Newark Bay and du
Maritime
OREGON DEBATES LIMITS OF 1991 RECYCLING LAW
John Davies |
The question of whether the chemical breakdown of plastics qualifies as recycling is heating up in O
POSTAL SERVICE ABUSING ITS POWER, FEDEX SAYS CARRIER CITES INTIMIDATION TACTICS
Mark B. Solomon |
Federal Express Corp., in a filing made public Tuesday, claimed the U.S. Postal Service has repeated
UNITED ARAB SHIPPING DENIES IT'S NAILED DOWN FLEET DETAILS
Peter M. Tirschwell |
United Arab Shipping Co. has made no final decision on the specifics of a proposed fleet of containe
Maritime
SURVEY FINDS WORLDWIDE LOGISTICS SHORTFALLS
Journal of Commerce Staff |
Despite the excellent reputation that Japan and Germany have for product quality, they have not foun
BALTIC FREIGHT INDEX
JOC Staff |
1473 (June 30, 1993) Previous day - 1484 The Baltic International Freight Futures Market in
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 30, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
JAPANESE, SAUDIS PLANNING THREE REFINERIES IN JAPAN
Dominic Evans |
Japan and Saudi Arabia are going ahead with plans to set up three joint- venture oil refineries in J
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