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ENERGY BRIEFS
From Wire and Staff Reports |
MANILA TO DOUBLE TAXES ON OIL, OIL PRODUCTS MANILA, Philippines - The Philippines will ra
FREIGHT RATE FUTURES
JOC Staff |
June 21, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COST OF CREDIT
JOC Staff |
Monday, June 21, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MCDONNELL EMPLOYEES VOTE ON NEW CONTRACT
Knight-Ridder Newspapers |
Machinists at McDonnell Douglas Corp. voted Monday on a new three-year contract that in general tops
VIETNAM SEEKS GATT OBSERVER STATUS
JOC Staff |
Vietnam said it would apply for observer status, and later membership, of the world trade body the G
Maritime
CHURCHILL TRUCK LINES SEEKING 10 PERCENT WAGE CUT
Dane Hamilton |
Churchill Truck Lines Inc., a struggling less-than-truckload carrier based in Chillicothe, Mo., will
MOBIL TO USE DOUBLE-HULL TUG IN CALIF.
Journal of Commerce Staff |
Mobil Corp. said it has put into service a new double-hull tug-and-barge unit to serve the waterborn
Maritime
PROPERTY/CASUALTY RISK FORMULA CONTAINS SOME SURPRISE CONCESSIONS
John Boyd |
A landmark formula for state regulators to monitor the riskiness of property and casualty insurers c
SAFETY INROADS FAIL TO CURB TRUCKING SUITS
Dane Hamilton |
The U.S. Department of Transportation reports that while the numbers of truck accidentshave declined
SLOVAKIA WILL START IMPOSING 20 PERCENT SURCHARGE ON IMPORTS
Reuters |
The Slovak government agreed to begin imposing a 20 percent surcharge above regular tariffs on impor
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 21, 1993Brent Crude Oil - (Dollars Per Barrel)
JOURNAL OF COMMERCE - FAST FACTS US BEEF AND VEAL TRADE
U.S. Department of Agriculture. |
No text.
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
EMIRATE PLANTS THAT SWITCHED LABELS ARE BANNED FROM EXPORTING TO US
Christine Hauser |
The United Arab Emirates has banned six textile factories from exporting to the United States after
Maritime
PORT OF EVERETT WANTS LAND BACK IF NAVY DOESN'T USE IT FOR BASE
John Davies |
A Pacific Northwest port that provided the Navy with land for a new home port says it wants that lan
Maritime
AUTOBAHN TOLL PLAN OPPOSED IN GERMANY
Knight-Ridder Financial |
Two of Germany's three major political parties, including a partner in the governing coalition, have
MARK VII SET TO ADD 100 INTERMODAL SERVICE CONTAINERS
Journal of Commerce Staff |
Mark VII Transportation Co., an intermodal marketing company, is increasing its fleet of domestic co
SHIP CAPTAIN SENTENCED FOR SMUGGLING ILLEGAL ALIENS
Brian Johns |
An Indonesia ship captain has been sentenced to 24 months in federal prison for conspiring to smuggl
Maritime
LIFTING OF BORDER CONTROLS CUTS TIME, COST OF TRUCK TRIPS
Janet Porter |
The lifting of frontier controls at the border crossings of 12 European Community nations this past
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 21, 1993Bid AskedCopper_
QUICK FLUCTUATIONS A HAZARD IN CALIFORNIA CATTLE MARKET
Laura M. Holson |
Cattle buying these days is a relative roller coaster: Rejoice at the high prices, bear the lows and
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
TAP CHIEF SAYS RESCUE PACKAGE IS CRITICAL TO KEEP AIRLINE ALOFT
Reuters |
Portuguese national airline TAP will have to close by the end of this year unless the government giv
TAIWAN COULD ACT TO CURB HEAVY OUTFLOWS OF CAPITAL
Reuters |
Restrictions may be placed on how much local firms can invest in other companies, the Economics Mini
US DOLLAR RISES ON TALK OF CUT IN GERMAN RATE, TOKYO TURMOIL
Alan Zimmerman |
The U.S. dollar rose Monday, extending Friday's rally on expectations of a German interest rate cut
POLITICAL UNREST CASTS DOUBT ON AZERBAIJAN OIL DEAL
Knight-Ridder Financial |
The political turmoil in Azerbaijan has cast doubt on whether an important oil deal will go through
TRANSPORT BRIEFS
From Wire and Staff Reports |
PRICE-FIXING SETTLEMENT GETS FTC APPROVALWASHINGTON - The Federal Trade Commission h
NIH DIRECTOR OPPOSES SANDOZ-SCRIPPS DEAL
Reuters |
The director of the National Institutes of Health is opposing a proposed agreement that would give S
FRANCE WANTS EC TO ACT ON ILLEGAL TEXTILE IMPORTS
Tara Patel |
France will press for action against illegal textile imports at this week's European Community summi
Maritime
COTTON MERCHANT'S PERSONAL ASSETS WILL BE SOLD TO PAY BUSINESS DEBT
Alan Salomon |
A U.S. Bankruptcy Court judge ordered Julien Hohenberg's personal holdings seized and sold to satisf
ITALY'S FERRUZZI GROUP TRIPPED UP BY AMBITION
Richard Waddington |
Italy's Ferruzzi Group, the family firm that mushroomed into a multinational then buckled under its
SUPREME COURT UPHOLDS BROWN & ROOT PENALTY
WILLIAM DiBENEDETTO |
The Supreme Court Monday let stand a $4 million punitive damage award against Brown & Root Inc. in a
Maritime
HOUSE PANEL BACKS DOWNSTREAM MISSOURI RIVER USERS
Tim Sansbury |
The House Appropriations Committee has given a boost to downstream Missouri River users that don't w
Maritime
SOUTH CAROLINA SEEKING TRADE ZONE EXPANSION
Journal of Commerce Staff |
The South Carolina State Ports Authority wants to expand one of its two foreign trade zones to encom
Maritime
FLAWS ARE ALLEGED IN COAST GUARD'S TESTING OF TRAINEES INCONSISTENCY HIT IN CHEATING TRIAL
Allen R. Wastler |
Testimony in a case involving an alleged conspiracy among state pilot trainees to cheat on their fed
Maritime
CHINA MOVES TO ESTABLISH AN EXPORT-IMPORT BANK
P.T. Bangsberg |
Work is under way to create an export-import bank in China, described by one official as intended to
SUGAR OUTPUT ESTIMATES DROP FOR SOUTH AFRICA
Knight-Ridder Financial |
Forecasts for South Africa's sugar crop have been revised down to between just 1.2 million and 1.3 m
LLOYD'S REPORTS SOME GOOD NEWS ON EVE OF BIG LOSS
Reuters |
The Lloyd's of London insurance market, about to report a record loss that could ruin many of its me
INSIDE TALK - ALLEN WASTLER SHIP USERS, PILOTS IN SAN FRANCISCO BAY BEGIN PAY-RAISE RITUAL
Allen Wastler |
Everybody wants a raise (you reading this, boss?). The usual rule in asking for one is start high an
Maritime
NS-CONRAIL VENTURE ORDERS 200 LARGER INTERMODAL UNITS
Rip Watson |
Triple Crown Services Inc. of Fort Wayne, Ind., has ordered 200 53-foot intermodal units with interi
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