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Commentary
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US PUSHES FOR DEEPER AIRCRAFT SUBSIDY CUTS
John Zarocostas |
The United States has called for deeper cuts in aircraft industry subsidies in talks here aimed at o
SAFMARINE DONATES BOXES TO POOR COMMUNITIES
Janet Porter |
Safmarine, the South African shipping group, is donating redundant containers for community use in p
Maritime
GASOLINE TAX HIKE PICKS UP STEAM AS ALTERNATIVE TO CLINTON PROPOSAL
Andrea Shalal-Esa |
A key member of the Senate's tax-writing committee will propose substituting a rise in the federal g
CHEVRON TO SELL REFINERIES IN TEXAS AND PHILADELPHIA
Reuters |
Chevron Corp. will sell two major refineries in Texas and Philadelphia and take a $550 million charg
MARINE DEVELOPMENT CORP.
JOC Staff |
PERFORMANCE: The leisure boating industry sank into a brutal recession in 1989. A new luxury
Maritime
CHINA TO AUCTION LITERARY COPYRIGHTS
Journal of Commerce Staff |
China is to auction the copyrights of literary works by contemporary Chinese authors Sept. 8, the Be
Maritime
RUSSIA'S GRAIN-IMPORT NEEDS PUT AT UP TO 29 MILLION TONS
Patrick Kelly |
Russia will need to import 25 million to 27 million metric tons (27.5 million to 29.7 million tons)
SPOT COMMODITIES
JOC Staff |
May 27, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
DETENTION HEARING SET IN CHINESE IMMIGRANT CASE
Pam Belluck |
A detention hearing is scheduled for Tuesday in the case of four men accused of holding 57 illegal C
Maritime
EXPORT ABCS - HENRY A. SAMUEL TALES FROM THE REAL WORLD: MEETING THE FOREIGN MARKET
Henry A. Samuel |
For many years, a manufacturer of industrial and automotive hand tools tried to increase its foreign
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
MORAN SHIPPING AGENCIES INC. (Cranston, R.I.) - Joseph A. Cano, president, will leave the company an
Maritime
NEW WEEKLY MAERSK SHUTTLE TO LINK OAKLAND, VANCOUVER
Journal of Commerce Staff |
A new weekly Maersk Line route from Vancouver, British Columbia, to Oakland, Calif., will be establi
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 27, 1993Brent Crude Oil - (Dollars Per Barrel)_
ENERGY BRIEFS
Wire and Staff Reports |
GAS PIPELINE PLANNED TO LINK UK, BELGIUMLONDON - A consortium of seven oil and gas c
CHINA SEEKS TO INCREASE ITS ROLLING RAIL STOCK
P.T. Bangsberg |
As a "matter of urgency," China is embarking on a rapid increase of its rolling rail stock, a senior
NORTHWEST, UNIONS AGREE TO GIVEBACKS, OWNERSHIP PLAN
Mark B. Solomon |
Northwest Airlines announced Thursday that the company and two of its unions have reached agreements
JAPAN AIRLINES' LOSS FOR YEAR BALLOONS TO $405 MILLION
Reuters |
Battered by a slump in overseas travel, Japan Airlines Thursday announced a net loss of 43.78 billio
MNX MAY SPIN OFF, OFFER SHARES IN MARK VII
Journal of Commerce Staff |
The proposed spinoff of a prominent intermodal marketing company into a publicly traded firm would c
MASS. LAWMAKER ATTACKS PLAN FOR FUNDING DOUBLE-STACK PROJECT
Michael S. Lelyveld |
In the first sign of trouble for a Massachusetts double-stack rail plan, a key lawmaker said there a
COURT PRODS DOT TO ISSUE RULING ON CITIZENSHIP ISSUE AT CHALLENGE AIR
Mark B. Solomon |
A U.S. appeals court here has told the Department on Transportation that it wants a DOT decision by
COMBAT SAYS NEW PRODUCT WILL KILL "SMART' ROACHES
Reuters |
Combat Insect Control Systems, a division of Clorox Co., is offering a solution to the annual proble
ROTTERDAM-GERMAN RAILWAY FACES ENVIRONMENTAL FIGHT
Bruce Barnard |
The Port of Rotterdam faces a fierce battle over a planned freight-only rail corridor from its conta
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BRAZIL CUTS LEAD TIME ON COFFEE REGISTRATIONSAO PAULO, Brazil - Brazil's government
NEW ORLEANS PORT CARGO DECLINED 2 PERCENT FOR QUARTER
George F.W. Telfer |
Cargo volume moving through the Port of New Orleans fell by just a shade under 2 percent in the firs
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/27 5/26 Change % Change: 5/4
MASSPORT PLAN ADVANCES DESPITE SHIFT IN POWER
Michael S. Lelyveld |
Plans to upgrade the Massachusetts Port Authority's maritime facilities are proceeding despite an im
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 27, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CHEVRON AND TEXACO SAY CIVIL WAR FAILS TO DISRUPT OIL OUTPUT IN ANGOLA
Reuters |
Oil giants Chevron Corp. and Texaco Inc. say their Angolan crude oil production has not been interru
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
WHEAT COUNCIL REVISES ITS FORECAST UPWARDThe International Wheat Council Thursday revised it
D&B IS FINDING EASTERN EUROPE FERTILE MARKET FOR ITS SERVICES
Special to The Journal of Commerce |
Dun & Bradstreet, the world's largest corporate rating company, is moving into Eastern Europe and th
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
DANISH VOTE REVIVES TALKS TO ADD 4 EC MEMBERS
Bruce Barnard |
Denmark's ratification of the Maastricht Treaty for European Union has revived negotiations to admit
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
ANALYSTS: FEDERAL EXPRESS PURSUES DEAL TO BUY PLANES FROM AMERICAN AIRLINES
William Armbruster |
Federal Express Corp. has expressed interest in buying at least some of the 31 DC-10 aircraft Americ
JOHNSTOWN AMERICA, MAKER OF RAILCARS, TO GO PUBLIC
Rip Watson |
Johnstown America Industries Inc., which controls one of the nation's largest railroad car builders,
CHAIRMAN OF FERTILIZER MAKER UNLOADS STOCK AFTER LAWSUIT
George Gunset |
The chairman of IMC Fertilizer Group Inc. sold more than half his stock in the company within three
AGRICULTURAL TRADELEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
CARRIERS URGED TO REMAIN MALLEABLE AS STEAM COAL TRADE SHIFTS GEARS
Janet Porter |
The bulk shipping trades will have to adapt to some dramatic changes in world steam coal trading pat
Maritime
COAL SLUMP DEFLATES BULK SHIPPING ON LAKES
John Boyd |
Weak coal shipments to Canada, mainly for one large utility customer, have undercut what would other
Maritime
MEXICAN LOBBYING FOR NAFTA ATTACKED EFFORT'S COST PUT AT $25 MILLION
John Maggs |
Mexican lobbying for the North American free-trade agreement came under renewed attack Thursday as t
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