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TRANSPORT BRIEFS
Wire and Staff Reports |
MEXICO'S PILOTS DELAY STRIKE UNTIL SATURDAYMEXICO CITY - The union representing the
TRANSPORT INDUSTRY CRITICAL OF TAX PLAN
Stephanie Nall |
Senate Democrats' efforts to rework President Clinton's economic plan and tax package drew a general
COST OF CREDIT
JOC Staff |
Thursday, June 17, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EC MAPS PLAN TO END PHONE MONOPOLIES
Reuters |
European Community telecommunications ministers agreed most EC countries should end national monopol
Maritime
KIWI INTERNATIONAL PLANS NJ-PUERTO RICO SERVICE
JOC Staff |
Kiwi International Air Lines said it will begin nonstop service from Newark to San Juan, Puerto Rico
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
ROUND 4 OF TARIFF CUTS DUE JULY 1 IN BRAZIL
James Bruce |
Latin America's biggest, and still most protected, market will become a little more open July 1, whe
BIG O TIRES PLANS TO UNITE 3 DISTRIBUTION CENTERS
Gregory S. Johnson |
Aiming to trim distribution costs, Big O Tires Inc., the Western tire wholesaler and franchiser, wan
CHANGES IN THE AIR TO EASE PROBLEMS
Journal of Commerce Staff |
Air carriers and manufacturers that depend on air freight to deliver their products to and from Japa
LITHUANIA'S NATIONAL BANK BEGINS TRANSITION TO NEW CURRENCY
Janet Guttsman |
Lithuania's national bank began transferring its new litas banknotes to commercial banks across the
Maritime
FIRST "OPERATION Q-TIP' TRIAL ON IMPORTS TO START TODAY
Robin Bulman |
Three defendants in the U.S. Customs Service's highly publicized "Operation Q-tip," as well as the o
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 17, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ASIAN FUTURES
JOC Staff |
June 17, 1993 JAPAN*Financial FuturesPrecious MetalsTokyo Commodity
KV PHARMACEUTICAL RESUMES TRADING EIGHT WEEKS AFTER AMEX SUSPENSION
Robert Steyer |
Trading in KV Pharmaceutical Co. stock resumed Wednesday, eight weeks after the American Stock Excha
DEVELOPMENT NEARS ON RUSSIAN FIELDS
Grigori Gerenstein |
The development of the Sakhalin offshore oil and gas fields by an international consortium is likely
S. KOREA'S CHAEBOL SLIM DOWN TO SURVIVE
Kim Myong-Hwan |
At government urging, the biggest of South Korea's sprawling conglomerates have started a streamlini
NY LANDLORDS WANT PAINT-LAWSUIT COVERAGE
Brigitte Maxey |
New York's landlords are warning that they will go out of business if they can't obtain coverage tha
NEW INSURER PROPOSED TO PROVIDE OIL SPILL LIABILITY COVERAGE IN US
Janet Porter |
Two major insurance brokerages may set up a new insurance company that would provide shipowners with
SALES OF US-MADE BIG TRUCKS SHOW INCREASE IN MEXICO
Charles W. Thurston |
Mexico's scramble to match its economy and transportation system with the rest of North America has
AMR'S STOCK DIVES ON EARNINGS WARNING
Reuters |
American Airlines' shares fell sharply Thursday after the carrier became the second in two days to w
TAIWAN TO IMPOSE CURBS ON HIGH-TECH EXPORTS
Reuters |
Taiwan will impose restrictions on exports of high-technology goods to Communist countries and other
Maritime
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
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