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CANADIAN NATIONAL POSTS RECORD LOSS OF $800 MILLION
Leo Ryan |
Battered by the crisis in Canada's railway industry and by the cost of heavy work-force reductions,
FIAT HOPES JAPANESE-STYLE PLANT WILL BE ENGINE FOR FUTURE GROWTH
P.K. Semler |
Fiat Auto SpA, Europe's second largest automaker, has joined the ranks of General Motors Corp., Ford
Transport, Trade and Regulation News
TRANSPORT BRIEFS
Wire and Staff Reports |
YELLOW CORP. POSTS LOSS FOR FIRST QUARTEROVERLAND PARK, Kan. - Yellow Corp., parent
EUROPEAN AIRLINES EXPAND EUROPEAN AIRLINES EXPAND MIDEAST CARGO OPERATIONS
William Armbruster |
Prompted by rising demand for oil-related equipment and a desire to better position themselves for I
RISING INSURANCE COSTS HITTING LARGE US FIRMS
Janet Aschkenasy |
Large U.S. businesses are beginning to see increases of 20 percent to 40 percent and more in propert
TRADE BRIEFS
From Wire and Staff Reports |
HOUSE PANEL ENDORSES GLOBAL CUBAN EMBARGOWASHINGTON - A House subcommittee last week
Maritime
HIGHER YEN BECOMES MIXED BLESSING FOR JAPANESE CONSUMERS
(Reuter) |
The higher yen may be a nightmare to Japan's policy-makers, but for the man in the street it means c
Maritime
GASOLINE PRICES
JOC Staff |
Apr. 23, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
HEDGING WITH DERIVATIVES MAKES HEADWAY IN JAPAN
Robert Herman |
The use of commodity "derivatives" for oil products is becoming more widespread in Japan as companie
MEXICO REPORTS RISE IN IMPORTS OF NATURAL GAS AND GASOLINE
Knight-Ridder Financial |
The Bank of Mexico Friday reported that Mexico's imports of natural gas rose 130 percent and gasolin
CHINA REPORTS 15,000 DEATHS IN INDUSTRIAL ACCIDENTS IN 1992
(Reuter) |
More than 15,000 workers died in Chinese industrial accidents last year, often because factories ign
Maritime
US FARMERS HEAD FOR UKRAINE TO GROW CORN
George Gunset |
While most Corn Belt farmers won't budge from home during the key spring planting season, a hundred
JOINT VENTURE TO ACQUIRE IDLE WILD FOODS
Knight-Ridder Financial |
Farmland Industries Inc., along with John Miller of Park City, Utah, and Idle Wild Foods this week c
US CARRIERS DON'T SERVICE AFRICA
Sana Siwolop |
Want to make a quick trip to Nairobi, Johannesburg or Abidjan? Don't look to U.S. carriers for a dir
CALENDAR
JOC Staff |
Distribution/Computer Expo '93, April 27-29. Rosemont O'Hare Exposition Center, Rosemont, Ill.Exhibi
ENERGY FIRMS FORCED TO LEARN NEW TRICKS
Brigitte Maxey |
The oft-conservative and slow-changing energy industry has been forced to learn new tricks in recent
FRENCH SHIPPERS EXPECT PRICE WAR BETWEEN EUROTUNNEL, FERRY OPERATORS
Tara Patel |
French shippers are expecting to emerge as winners in the competition between ferry operators on the
PRICE HIKES MAKE BIG GAS USERS SHIFT TO OIL FUEL-SWITCHING COULD COOL RALLY
Tony Mercandetti |
U.S. natural gas prices have climbed so high recently that they have surpassed even the most expensi
$10 BILLION DOT BUDGET SHORTAGE THREATENS HIGHWAY, TRANSIT PROGRAM
WILLIAM DiBENEDETTO |
A $10 billion shortfall in the Department of Transportation's highway account could limit DOT's abil
TRANSPORTATION / TECHNOLOGY BRIEFS
Wire and Staff Reports |
QUALCOMM POSTS PROFIT IN FIRST QUARTERSAN DIEGO - Qualcomm Inc., a leading satellite
Transport, Trade and Regulation News
TRANSPORTATION / TECHNOLOGY CALENDAR
JOC Staff |
Distribution/Computer Expo '93. April 27-28. Rosemont O'Hare Expo Center, Rosemont, Ill. Contact: C.
Transport, Trade and Regulation News
ARGENTINA REDUCES TARIFF ON IMPORTS FROM PARAGUAY
Richard Kessler |
Argentina agreed to reduce a tariff on imports from Paraguay, ending a bilateral dispute that threat
Maritime
BECHTEL CHOREOGRAPHS OVERNIGHT MOVE TO NEW DENVER INTERNATIONAL AIRPORT
Michelle Mahoney |
When Denver closes down Stapleton Airport in December and orchestrates an overnight move to the new
NY PORT OFFICIAL URGES TRAINING TO BOOST TRADING
Peter M. Tirschwell |
The New York region must develop a viable infrastructure to support international trade if it is to
Maritime
WORLD TRADE GROWTH IN 1993 SEEN AT ANNUAL AVERAGE OF 4 PERCENT
Knight-Ridder Financial |
World trade is likely to grow slowly and late this year, reaching an annualaverage of nearly
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 23, 1993Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 23, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
E. EUROPEAN DEVELOPMENT BANK URGED TO GET MORE AGGRESSIVE
Milan Ruzicka |
The two-year-old European Bank for Reconstruction and Development has yet to make its mark on the re
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 23, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
PRIVATIZATION PROPOSALS DRAW INTEREST IN EGYPT
Sarah Gauch |
Investors have responded enthusiastically so far to Egypt's proposed sale of state companies and ass
Maritime
MARKET SOLUTION TOUTED FOR NAFTA ENVIRONMENT PACT
Brian Johns |
Market-based incentives may be the best way to satisfy environmental concerns under the proposed Nor
Maritime
CONSULTANT SAYS ORIMULSION FUTURE HINGES ON REGULATORY DEFINITIONS
Stewart Taggart |
The success of Venezuela's Orimulsion fuel will depend on how the product is defined in the West, Qu
BUYERS BYPASS HIGH SINGAPORE BUNKER PRICES
Knight-Ridder Financial |
Current strong prices for fuel oil here are encouraging bunker traders to buy bunker fuel in other p
CALTEX PETROLEUM, OMAN SIGN ASIAN OIL AGREEMENT
Gregg Jones |
Caltex Petroleum Corp. and the government of Oman have signed a preliminary agreement to pursue bill
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Doing Business With the Arab Gulf Countries. April 28-30. Fort Lauderdale, Fl
Maritime
FRANCE AGAIN CUTS KEY RATES IN WAKE OF BUNDESBANK MOVE
JOC Staff |
The Bank of France said Friday it was cutting both of its key interest rates, the third such move in
JUDGE DECLARES MISTRIAL IN SUIT OVER EXPOSURE TO CHEMICALS
(Reuter) |
A judge has declared a mistrial in a 10-month-old trial on a chemical- exposure lawsuit filed by for
THEODORE COOPER, 64, UPJOHN CHAIRMAN, DIES
(Reuter) |
Theodore Cooper, Upjohn Co. chairman and chief executive, died Thursday of complications from cancer
US COTTON SALES EXPECTED TO RISE NEXT WEEK ON EXPORT INCENTIVES
Kim Archer |
U.S. 1993-94 export sales of cotton are expected to jump sharply next week after USDA just issued it
AMERICAN WANTS FOREIGN INVESTORS OUT
William Armbruster |
American Airlines and its hard-charging chairman, Robert L. Crandall, are making big changes in the
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