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RULES, DISASTERS MAKE TRANSPORT LOANS SCARCE
Craig Dunlap |
You've sold the ice cream shop in Topeka you ran for 29 years and pocketed the $40,000, and now you
Transport, Trade and Regulation News
SHIP LINES WEIGH OPTIONS PENA DELAY ON REFORM LEAVES FUTURE UNCLEAR
Journal of Commerce Staff |
U.S. containership companies are scrambling for a new strategy and perhaps for foreign homes in the
KANSAS CITY SOUTHERN ORDERS 825 RAILCARS FOR $45 MILLION
John Boyd |
In a bid to beef up its railcar fleet, prepare for a merger with a big regional carrier and take adv
Transport, Trade and Regulation News
WORK BEGINS ON GAS LINE FROM MAGHREB TO EUROPE
Knight-Ridder Financial |
Work on the first phase of the Maghreb-Europe pipeline, which eventually will link Algeria's gas fie
ITALY'S INDUSTRY OUTPUT FELL 5.7 PERCENT IN QUARTER
Knight-Ridder Financial |
Italian industrial production fell at an annual rate of 2.1 percent in March and dropped 5.7 percent
CARGO SIZES COMPLICATE SALES OF AFRICAN CRUDE TO ASIA
Knight-Ridder Financial |
The large size of West African crude cargoes is making sales to Asian buyers difficult to arrange, s
ON SECOND THOUGHT, SINGAPORE FINDS CHINA WORTHY INVESTMENT TARGET
P.T. Bangsberg |
The explosion of interest by Singapore in China is both more and less sudden than it seems, and aris
Maritime
CLINTON'S KEY TRADE ADVISERS
JOC Staff |
Following is a list of President Clinton's top trade advisers. * Mickey Kantor, U.S. Trade R
NO QUICK REBOUND SEEN FOR NICKEL PRICES
Frank Connelly |
Nickel prices should not be expected to make more than a modest improvement until late 1994 or 1995,
DRUG MANUFACTURERS DEFEND PRICE INCREASES
L.A. Lorek |
Polydex Pharmaceuticals estimates it will cost $60 million to bring its new anti-AIDS drug to the ph
INSURANCE EARNINGS
From Wire and Staff Reports |
NET INCOME INCREASES AT FRONTIER INSURANCEROCK HILL, N.Y. - First-quarter net income
MET LIFE LONE BIDDER FOR 3 MIAMI BUILDINGS
Beatrice E. Garcia |
With the bang of an auctioneer's gavel, three downtown buildings that were once part of Tibor Hollo'
NEW IRAQ BANK WILL INVEST IN INDUSTRY
Knight-Ridder Financial |
Iraq has set up a private investment bank to develop the industry, tourism, housing, agriculture and
Maritime
CURBS ON CHINA COULD CUT TRADE IN US WHEAT
Knight-Ridder Financial |
A U.S. decision to revoke or attach conditions to most-favored-nation tariff status for China would
SWEDEN'S BILSPEDITION ELECTS LENNART NILSSON CHAIRMAN
Journal of Commerce Staff |
Lennart Nilsson, a prominent Swedish businessman, was elected chairman of Bilspedition AB, the Swedi
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
VACCINE TO ERASE AIDS CONSIDERED LESS LIKELYWASHINGTON - Further dimming hopes for a
COTTON TRADE AWAITS CFTC RULING ON NEW YORK DELIVERY STOCKS ISSUE
Linda Ewing |
The U.S. cotton industry is awaiting the Commodity Futures TradingCommission's decision on a
CHINA COOPERATING WITH US TEXTILE PROBES
Peter M. Tirschwell |
After years of ignoring U.S. demands that it cooperate in ferreting out textile fraud, China is comi
RAILROADS AND PROTECTIONISM CALLED THREATS TO COAL EXPORTS
Arthur Gottschalk |
A lack of cooperation between U.S. railroads and coal producers, as well as protectionist moves agai
SEA-LAND ADOPTS AIRLINE-STYLE SYSTEM OF SETTING RATES
John Davies |
Sea-Land Service Inc. is starting to use airline-style asset management systems to help establish ra
Maritime
BOEING'S 777 PROJECT RELOCATION: AS MASSIVE AS THE AIRPLANE ITSELF
Peyton Whitely |
Six months after it started, Boeing Co. has finished what's believed to be the biggest on-the-job re
UNION PACIFIC COMPLETES PURCHASE OF SKYWAY FREIGHT SYSTEM INC.
Gregory S. Johnson |
Union Pacific Corp. has completed its long-expected buy-out of Skyway Freight System Inc. for an und
AIRLINE ASSOCIATION RIPS CAMPAIGN TO TRANSFER FUNDS AT LA AIRPORT
Kevin G. Hall |
In an effort to squelch plans for the transfer of surplus funds at Los Angeles International Airport
BALTIC FREIGHT INDEX
JOC Staff |
1581 (May 13, 1993) Previous day - 1576 The Baltic International Freight Futures Market in L
Maritime
GERMAN INDUSTRIAL GROUPS CRITICIZE NURSING CARE PLAN FOR THE ELDERLY
Knight-Ridder Financial |
Germany's leading industrial organizations have condemned the government's proposal to finance an in
LARGE, FIT INSURERS LIKELY TO GAIN UNDER HEALTH REFORM
Mike Clancy |
Like elephants learning to dance, the largest U.S. insurance companies are putting their health-care
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/13 5/12 Change % Change: 4/20
VACCINE SHORTAGES HAMPER WAR ON POLIO ABROAD, UN AGENCY SAYS
Philippe Naughton |
Polio vaccine shortages in Asia and the former Soviet Union could hamper a campaign to eradicate the
CN BORROWS $300 MILLION FROM US BANKS
Journal of Commerce Staff |
Canadian National Railways, entering the U.S. long-term debt market for the first time in more than
SEATTLE VOTES $4.5 MILLION TO BEGIN APL EXPANSION
John Davies |
Expansion of the American President Lines terminal in the Pacific Northwest is scheduled to get unde
Maritime
GENERAL ELECTRIC'S RESCUE EFFORT COULD PROVE BITTERSWEET FOR GPA
Maurice Roche |
General Electric Co. has flown to the rescue of debt-stricken GPA Group with a billion-dollar-plus d
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ATCHISON, TOPEKA AND SANTA FE RAILWAY CO. (Schaumburg, Ill.) - Ken Rowland was named general directo
THE ECONOMY
JOC Staff |
CONSUMER PRICES Change (adjusted) Apr. Mar.Food +0.4% +0.1%Ho
TRADE BRIEFS
From Wire and Staff Reports |
GATT REPORT WARNS OF TOTAL TRADE WARThe General Agreement on Tariffs and Trade's annual repo
Maritime
TRADE SURPLUS GROWS IN NORWAY
Knight-Ridder Financial |
Norway posted a preliminary 5.991 billion kroner ($896 million) trade surplus in April, compared wit
MARITIME CALENDAR
JOC Staff |
American Society of Marine Artists. Kings Point, N.Y. May 15-June 20. Exhibit of nautical workat Ame
Maritime
ANR REPORTS DECREASE IN APRIL GAS STORAGE
Knight-Ridder Financial |
ANR Storage Co. said its level of working natural gas in storage at the end of April was 20 billion
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 13, 1993Prev. Life of Contr. OpenOpen High Low
MEXICAN DUMPING CASES UNSETTLING US BUSINESSES
Richard Lawrence |
What appears to be a more aggressive Mexican foreign trade policy is stirring new problems for U.S.
ASIAN BUNKER MARKET SQUEEZES INDEPENDENTS
Reuters |
A tug-of-war between big oil companies and independent companies has intensified amid stiffer compet
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