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FREIGHT RATE FUTURES
JOC Staff |
June 25, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MOODY'S ALTERING RATING PROCEDURE FOR PROPERTY/CASUALTY COMPANIES
Michael L. Millenson |
Moody's Investors Service is changing how it rates the financial stability of property and casualty
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 206.11 off 0.59 which compares
PEOPLE - TRANSPORT
From Wire and Staff Reports |
FEDERAL EXPRESS CORP. (Memphis, Tenn.) - David F. Rebholz was named senior vice president of sales a
AZERBAIJAN SUSPENDS OIL TALKS UNTIL NEW GOVERNMENT IS FORMED
Vanora Bennett |
Azerbaijan has suspended talks with several Western oil companies on a multibillion-dollar project t
EMONS TO REPORT PROFIT, OMIT PREFERRED DIVIDEND
JOC Staff |
Emons Holdings Inc., which operates several short-line railroads and transloading facilities, said i
DIRECT AIR TO EXPAND CHICAGO ROUTE SYSTEM
Journal of Commerce Staff |
Direct Air, a Gary, Ind.-based small-plane commuter and light-cargo carrier, said it will expand its
US SLIGHTS CANADA WITH PLAN TO SELL WHEAT TO MEXICO
Charles Abbott |
Seeking to punish Canada for allegedly subsidized wheat exports, the United States said it would sel
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
INDIA CURTAILS TRAVEL BY LOAN DEFAULTERS
Knight-Ridder Financial |
The Indonesian government has barred at least 300 businessmen from leaving the country for periods r
US, EUROPE YARDS URGED TO INCREASE THEIR PRODUCTIVITY
Alan Abrams |
With productivity improvements, U.S. and European yards can close the price gap with yards in the Fa
Maritime
TRADE BRIEFS
Wire and Staff Reports |
HONG KONG MAY LOSE ITS FINANCIAL STATUSHong Kong is likely to lose its status as a world-cla
Maritime
COURT RULING LEAVES BUSINESS VULNERABLE TO MASSIVE AWARDS
WILLIAM DiBENEDETTO |
Just about anything goes when it comes to punitive damage awards against businesses and insurance co
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 25, 1993Prev. Life of Contr. OpenOpen High Low
KOREA GAS TO SEAL MALAYSIAN LNG ORDER
Reuters |
Korea Gas Corp. will formalize a pact today to buy 2 million metric tons of liquefied natural gas a
CHILE REPORTS NARROWING OF TRADE DEFICIT IN MAY
Knight-Ridder Financial |
Chile's trade balance in May narrowed to $95.8 million from $107.1 million in April and $195.2 milli
JOFC INDUSTRIAL PRICE INDEX EDGED UP IN WEEK
Journal of Commerce Staff |
The Journal of Commerce's Industrial Price Index, a leading indicator of inflation, increased a mode
ILFC MAY BE ABLE TO RIDE OUT STORM
Kevin G. Hall |
International Lease Finance Corp. must endure the same ailing airline industry, downturn in aircraft
BREAKBULK SUITS SMALL PORT SPECIAL ATTENTION WINS CUSTOMERS
Valerie Drogus |
When David Schronce joined the Port of Georgetown, S.C., in 1984, about 100,000 tons of breakbulk ca
COOPERATION IS CHALLENGE FOR FUTURE
Dennis W. Patrick |
The air forwarding industry in the United States is shrinking because of competition from integrated
EDI POSES GREATEST CHALLENGE OF THE LATE '90S, SHIPPERS SAY
Kevin G. Hall |
With nearly a third of the decade under their belts, today's global shipper looking to the future is
Transport, Trade and Regulation News
MONGOLIA BULLISH ON INVESTMENT FROM US
Brian Johns |
Mongolian officials and business executives had much to be upbeat about when they headed home from t
CORRECTION
JOC Staff |
United Parcel Service pilots have been represented by the Independent Pilots Association since Janua
UPS MAY PARCEL OUT SOME SERVICES TO NON-UNION SHOPS, TEAMSTERS SAY
Mark B. Solomon |
United Parcel Service has proposed farming out the line-haul trucking portion of its new three-day d
ONTARIO PLANT IS CANADA'S FIRST HYUNDAI SITE TO BE UNIONIZED
Reuters |
A Hyundai parts plant in Newmarket, Ontario, became the first of the company's plants to be unionize
Maritime
FREEMAN SIGNS CONTRACT WITH UMW
From Wire Reports |
Freeman Energy Corp. of Marion, Ill., and the United Mine Workers of America (UMW) said they have re
COMEX METAL WAREHOUSE
JOC Staff |
June 25, 1993 copper Total, 104,190. Gold Total, .2,250,674.Silver Total, .27
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 25, 1993Bid AskedCopper_
GASOLINE PRICES
JOC Staff |
June 25, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIA HALTS SUPPLIES OF GAS TO ESTONIARussia halted gas supplies to Estonia Friday, steppin
US PORTS VIE FOR CHILEAN FRUIT
Alice Cantwell |
The winter fruit trade from South America continues to be a lucrative business for ports on both U.S
PANEL IS BAD IDEA AT WRONG TIME
Lawrence Kaufman |
The National Commission to Insure a Strong, Competitive Airline Industry. Now, there's a mouthful. I
DOLLAR TO STAY STRONG VS. MARK BUT WEAKEN VS. YEN, TRADERS SAY
Gordon Platt |
The U.S. dollar will remain strong against the deutsche mark this week, but will fall against the ye
TRANSPORT BRIEFS
From Wire and Staff Reports |
LUFTHANSA WINS RULING AGAINST NORTHWESTFRANKFURT, Germany - Lufthansa German Airline
US, JAPAN SPARRING OVER TRADE TARGETS
Mark Magnier |
One the eve of a new round of talks between the United States and Japan on setting up a framework fo
Maritime
UPS PLANS TO BUILD DATA CENTER IN ATLANTA
Journal of Commerce Staff |
Seeking greater protection for one of its most valuable commodities, United Parcel Service said it w
Transport, Trade and Regulation News
NO CHANGE EXPECTED IN E. EUROPE OILSEED CROP
Sigrun Neuwerth |
Experts and German traders don't expect this year's oilseed production and exports in six eastern Eu
INSURANCE BRIEFS
From Wire and Staff Reports |
ACE TO MERGE TWO CORE UNITSHAMILTON, Bermuda - ACE Ltd., a high-level excess liabili
NORTHERN GRADE GASOLINE PRICES SLUMP AT US GULF, TRADERS SAY
Knight-Ridder Financial |
Northern grade summer-quality gasoline prices fell Friday at the U.S. Gulf Coast in response to heav
GE CAPITAL EXPANDS THROUGH GPA BAILOUT
Annie Best |
GE Capital Corp. brings good things to flight. Pardon the pun, but that's how aviation execu
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