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EAST JAPAN RAILWAY GETS ""AA" DEBT RATING
JOC Staff |
Standard & Poors Corp. assigned a senior long-term debt rating of "AA" to East Japan Railway Co.
UPS SAYS RIVALS SPREADING RUMORS ON CONTRACT TALKS
Mark B. Solomon |
United Parcel Service Inc. charged some competitors with spreading inaccurate reports about the stat
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 18, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
MANUFACTURERS UNLIKELY TO FIGHT PROPOSED FUEL TAX _ FOR NOW
Nelson Antosh |
The National Association of Manufacturers is more likely to be quiet about the proposed federal fuel
EC LEADERS WORK ON TRADE POLICY ON EVE OF TALKS WITH US, JAPAN
Bruce Barnard |
European Community heads of government will attempt to narrow trade policy differences today on the
Maritime
UKRAINE PARLIAMENT DELAYS DECISION ON EXPANDING NUCLEAR ENERGY USE
Ron Popeski |
Ukraine's Parliament has postponed a decision on expanding nuclear energy capacity. They acted on Fr
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CHINA AUCTIONS IMPOUNDED BULKERHONG KONG - China has auctioned a Russian ship seized
Maritime
CHINA-TAIWAN TRADE IGNORING DEVALUATION
Chen Chien-Kuo |
The recent sharp depreciation of China's currency is expected to have little near-term impact on Tai
Maritime
3 BIG STOCKHOLDERS AGREE TO SELL 11 MILLION SHARES OF TIDEWATER
Journal of Commerce Staff |
An underwriting syndicate has agreed to purchase 11 million shares of Tidewater Inc. common stock fr
Maritime
CANADA ENDS DUMPING PROBE OF US FIBERGLASS PIPE INSULATION
Dwayne Klassen |
A dumping investigation on U.S. preformed fiberglass pipe insulation into Canada was suspended after
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 18, 1993Brent Crude Oil - (Dollars Per Barrel)
MEXICAN COMMERCE CHIEF STUMPING HARD FOR NAFTA
Wilma Randle |
Wherever he goes, regardless of his audience, Jaime Serra Puche delivers this message: Passage of th
US OIL FIRMS' WORKERS EVACUATED FROM OFFSHORE FIELDS IN ANGOLA
Reuters |
U.S. oil companies have evacuated hundreds of expatriate workers from offshore oil fields in war-tor
NAMES PLAN MAJOR LAWSUITS AGAINST LLOYD'S
William Pitt |
Lawyers from across London are due to meet today at the request of High Court Justice Mark Saville,
OFFSHORE ASSEMBLY BOOSTING CENTRAL AMERICAN TRADE
Erich E. Toll |
A growing number of products for the U.S. market are being assembled in Central America, as manufact
LINES TOAST CHILE WINE IMPORTS
Erich E. Toll |
While the expansion of Latin American-U.S. trade in recent years is a welcome development to the shi
WEST EUROPEAN CHEMICAL MAKERS SEEKING EC AID INDUSTRY SQUEEZED BY EASTERN IMPORTS
Janet Porter |
Western Europe's crisis-ridden chemicals industry is pressing the EuropeanCommission for imm
MOVING DATA - DOUG HARPER MICROSOFT WANTS TO DO FOR COPIER WHAT EDI DID FOR COMPUTER
Doug Harper |
Not content with cornering the market on most of the microcomputer operating systems andmuch of the
Transport, Trade and Regulation News
SONICAIR, LOGISTICS FIRM LINK UP IN COMPUTER PARTS JOINT VENTURE
William Armbruster |
SonicAir, a large courier service based in Scottsdale, Ariz., said it has entered a nationwide partn
Transport, Trade and Regulation News
FRANCE TO INCREASE AEROSPACE SPENDING TO BOLSTER AIRBUS
Tara Patel |
France will boost spending on aerospace research to help put Europe's Airbus Industrie consortium on
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 18, 1993Bid AskedCopper_
COMEX METAL WAREHOUSE
JOC Staff |
June 18, 1993 Copper Total, 106,049. Gold Total, .2,249,286.Silver Total, .27
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
JAMAICA OPENS BIDS FOR STATE SUGAR MILLSKINGSTON, Jamaica - The Jamaican government
CUSTOMS OUTFITS FLA. LABORERS WITH FREE "DESIGNER' JEANS
Fort Lauderdale Sun-Sentinel |
The U.S. Customs Service donated 26,000 pairs of fake designer jeans to several hundred farm laborer
Maritime
HIGH-RISK INSURERS GOING PUBLIC TO EXPAND IN GROWING AUTO MARKET
Paul Dykewicz |
Growing opportunities in the high-risk auto insurance market has another insurer entering the fast l
SOLID GROWTH ALLOWS EAST COAST PORTS TO RETAIN LEAD IN FRUIT-VEGETABLE TRADE
Alice Cantwell |
Ports that trade heavily in fruits and vegetables with Latin America continued to outperform ports i
UK PROPOSES CONCESSION IN AIRLINE SPAT WITH US
Mark B. Solomon |
British aviation negotiators tentatively proposed last week to expand service for U.S. airlines to a
VITRAN CORP. TO GET 65 PERCENT STAKE IN FREIGHT CONNECTION INC.
JOC Staff |
Vitran Corp. of Toronto has agreed to purchase 65 percent of the stock of Freight Connection Inc. fo
AIRLINES RENEW DRIVE TO HIKE CARGO RATES FROM US TO ASIA
William Armbruster |
Barely a month after the collapse of their last attempt to hike rates on cargo shipments to Asia, Ja
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
OWENS-CORNING CORP. TO ACQUIRE VERA A/STOLEDO, Ohio - Owens-Corning Fiberglas Corp.
TRADE BRIEFS
Wire and Staff Reports |
CANADA CONSIDERS TAX ON FOREIGN STEELCanada is considering a special import tax on foreign s
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 18, 1993Prev. Life of Contr. OpenOpen High Low
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/18 6/17 Change % Change: 5/25
MAXIMUM LEGAL TIMBER CUTTING PROPOSED FOR PACIFIC NORTHWEST
Reuters |
Clinton administration officials, who continue to anger environmentalists, are proposing a resolutio
COASTAL STATES GEAR UP FOR CRACKDOWN ON UNSAFE SHIPS
Janet Porter |
Operators of ships calling at Latin American ports will risk detention soon unless they comply with
COURT PROCEEDINGS BEGIN IN PILOT CHEATING CASE
Allen R. Wastler |
The case involving an alleged test-cheating conspiracy among members of the California state marine
Maritime
COAST GUARD CHIEF SAYS CUTS THREATEN POLLUTION, DRUG WORK
Journal of Commerce Staff |
A proposed reduction in the Coast Guard's budget would imperil programs vital for pollution preventi
Maritime
IRISH TRADE UNIONS PROMISE TO FIGHT PROPOSED JOB CUTS AT AER LINGUS
Reuters |
Irish trade unions on Thursday vowed to fight drastic jobs cuts proposed by the state airline Aer Li
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