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TRANSPORT BRIEFS
Wire and Staff Reports |
SAS POSTS RECORD FOR CARGO VOLUMECHICAGO - Scandinavian Airlines System said it rece
US ISLAND POSSESSIONS FACE NEW TEXTILE EXPORT RULES
Robin Bulman |
The U.S. Customs Service has revised rules on textiles imported from island possessions of the Unite
Maritime
SENATE DEMOCRATS CLOSE IN ON TAX PLAN DEAL REPORTED ON TRANSIT LEVY
Stephanie Nall |
Democratic members of the Senate Finance Committee have struck a tentative budget deal that would in
FEDERAL EXPRESS POSTS 12 PERCENT GAIN IN PACKAGE VOLUME FOR MAY
William Armbruster |
Federal Express Corp. handled an average of 1.8 million packages and documents each business day las
GERMAN REGIONS' INVESTMENT GAP TO NARROW, INSTITUTE PREDICTS
Knight-Ridder Financial |
The decline of investment in western Germany is likely to ease toward the end of this year, while in
FLA. RAIL TAKES ON TRUCKERS IN JACKSONVILLE-MIAMI RUN
Lawrence H Kaufman |
Railroad intermodal service is not competitive with trucks in short-haul corridors of less than 500
DOLLAR RISES AS SIGNS POINT TO RATE CUT BY BUNDESBANK
Alan Zimmerman |
The U.S. dollar rose Wednesday on weak German economic news that increased the likelihood the Bundes
TRANSPORT BRIEFS
Wire and Staff Reports |
AIRBUS JET STARTS BID FOR DISTANCE RECORDPARIS - A European Airbus took off Wednesda
RUSSIA TO DOUBLE PRICE OF GAS SOLD TO COMMONWEALTH STATES
Reuters |
Russia will double its prices for natural gas exports to the Commonwealth of Independent States to b
API WEEKLY REPORT CRUDE OIL INVENTORIES DECLINE
Journal of Commerce Staff |
Crude oil inventories fell by 6.8 million barrels in the week ended June 11 compared with the previo
IRAN WINS 2-YEAR DELAY ON JAPAN REPAYMENTS
Knight-Ridder Financial |
Japan's nine major trading companies have agreed to a request from Iran to reschedule Tehran's debt
REP. KENNEDY SEEKS PROBE BY JUSTICE OF FLORIDA INSURERS
WILLIAM DiBENEDETTO |
Rep. Joseph Kennedy, D-Mass., fulfilled his promise: He's asked the Justice Department to investigat
FRENCH MARINERS PROTEST CGM OVER PLAN TO RE-FLAG VESSELS
Tara Patel |
Compagnie Generale Maritime, the French state-owned shipping line, was hit by sporadic labor unrest
Maritime
TEAMSTERS TRUSTEE TAKES CONTROL OF CHICAGO LOCAL
John Boyd |
Ron Carey, general president of the International Brotherhood of Teamsters, said Wednesday that he h
CANADIAN PORT FIGHTS TO RETAIN CP RAIL LINE
Leo Ryan |
The Port of Saint John, New Brunswick, resumed its rearguard battle this week to stop CP Rail System
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, June 16, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
HIGHWAY SAFETY GROUP LASHED ON MEXICO LETTER
Kevin G. Hall |
U.S. trucking industry leaders, Mexican government officials and a key congressman have blasted a hi
CHINA VOWS CRACKDOWN ON CREAKY RAIL SYSTEM
P.T. Bangsberg |
China's notoriously creaky railroad network is losing its battle to move ever-greater amounts of fre
SHRIMP FUTURES TANTALIZE INDUSTRY
George F.W. Telfer |
Many commodity traders and people in the shrimp business are so hungry for the new frozen shrimp fut
MALAYSIA AIR TO RESUME GLOBAL FLIGHTS, EYES NEW LINKS
P.T. Bangsberg |
Malaysia Airlines (MAS) will resume international all-cargo flights next month in conjunction with K
2 SENATORS PUSH TO CURB CANADIAN WHEAT, BARLEY
John Maggs |
Taking the lead from House Democrats, farm state senators are using the leverage of the budget debat
FERRUZZI SEEKS TO AVOID A FURTHER STOCK CRISIS
Richard Waddington |
Debt-laden Ferruzzi Finanziaria Spa, its share price crashing daily on the Italian bourse, met bank
TRADE BRIEFS
From Wire and Staff Reports |
YELTSIN ASSEMBLY OKS TEXT ON CONSTITUTIONMOSCOW - A special Kremlin assembly passed
Maritime
CANADA BUSINESS WANTS WILSON TO COMPLETE NAFTA
Leo Ryan |
Canadian business people are urging Prime Minister-designate Kim Campbell to appoint Trade Minister
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 16, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EGYPT PIPELINE OPERATOR PLAYS DOWN ISRAELI RIVAL
Mona Megalli |
The head of Egypt's Sumed oil pipeline Wednesday downplayed possible competition from Israel's Eilat
TRADING WITH ITALY ITALY PROVES FERTILE SOIL FOR US-STYLE FRANCHISING
Kenneth Wolf |
Italy, famous for fine dining, is developing a taste for hamburgers. McDonald's, Wendy's and
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 16, 1993Prev. Life of Contr. OpenOpen Hi
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
COLOMBIA COFFEE EXPORTERS OPPOSE PRICE FLOOR
Tom Quinn |
Colombian private coffee exporters oppose a possible extension of the 69- cents-a-pound floor price
CENTRAL BANKS MARKET GOLD OPTION CONTRACTS
Brian Spoors |
Central banks, despite suggesting they were no longer off-loading gold reserves, are busy making mon
WHEAT PRICES REACH LOWS SLOW EXPORTS ARE BLAMED INDUSTRY SEEKS SUBSIDY ACTION
Janell Good Aust |
A slow start for U.S. wheat exports for the 1993-94 marketing year that began June 1 is pushing pric
CHICAGO BOARD TO ASK NAIC SUPPORT FOR CATASTROPHE INSURANCE FUTURES
John Boyd |
Officials of the Chicago Board of Trade will lobby regulators from various states here in coming day
LLOYD'S INCREASES FINES FOR EMPLOYEE MISCONDUCT
William Pitt |
Lloyd's of London has announced a crackdown on misconduct that risks bringing the 305-year-old insur
UNPAID WORKERS AT FRENCH YARD REMAIN HOPEFUL OF JOB SETTLEMENT
Tara Patel |
Employees at the La Ciotat shipyard near Marseilles continue to show up for work and believe the yar
Maritime
CONSOLIDATORS TO PRESS CONGRESS FOR TARIFF-FILING EXEMPTION
Tim Shorrock |
Ocean freight consolidators plan to lobby Congress to exempt them from filing freight rates with the
POLISH CENTRAL BANK APPROVES FOREIGN TRANSFER OF BOND PROFITS
Reuters |
The National Bank of Poland has decided to allow foreign investors to fully repatriate profits on Po
STRIKER REPLACEMENT BILL FACES BATTLE IN SENATE
WILLIAM DiBENEDETTO |
Passage of striker replacement legislation by the House has set the stage for a much tougher battle
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
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
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