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USAIR AIDS FAA PROBE OF CARRIER'S MAINTENANCE
(Reuter) |
USAir Group Inc. said Thursday it is cooperating with an investigation by the Federal Aviation Admin
XTRA CORP. RETURNS TO LEASING BUSINESS
Gregory S. Johnson |
Five years after leaving the chassis-leasing business, Xtra Corp. has re- entered through a side doo
RUSSIAN MINERS MAY STRIKE IF YELTSIN IMPEACHED
(Reuter) |
A powerful trade union in Russia's biggest coal basin Thursday threatened an all-out strike if Presi
SPOT PRODUCT PRICES
JOC Staff |
Mar. 25, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
FREIGHT RATE FUTURES
JOC Staff |
Mar. 25, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
OUTLINE EMERGES FOR US-EC DEAL ON PROCUREMENT
Keith M. Rockwell |
The European Community outlined a compromise deal Thursday for resolving its heated battle with the
PENA: BIGGER MARITIME SUBSIDIES REQUIRED TRANSPORT CHIEF TO ADDRESS SHIPPER CONCERNS
WILLIAM DiBENEDETTO |
Transportation Secretary Federico Pena Thursday said a new maritime policy package likely will be la
CORRECTION
JOC Staff |
The name of Southern California developer Don Koll was misspelled, due to a transmission error, in P
RI GOVERNOR SEEKS AMTRAK SUPPORT FOR PLAN TO RAISE BRIDGE CLEARANCES
Michael S. Lelyveld |
Rhode Island Gov. Bruce G. Sundlun has written to Amtrak, the national passenger rail service, reque
US COMPANY VIEWS RUSSIAN CRISIS AS ONLY MINOR SETBACK
Peter M. Tirschwell |
One U.S. company actively prying open markets in the former Soviet Union views the current political
Maritime
SENATE PASSES BUDGET RESOLUTION READIES FOR FIGHT ON STIMULUS PLAN
Stephanie Nall |
The Senate did the expected Thursday, voting along party lines to set budget guidelines almost ident
SIEMENS SETS CHINA MOBILE PHONE DEAL
(Reuter) |
Siemens AG has joined what may be the first joint venture to produce digital mobile phone systems in
Maritime
VANCOUVER STARTS WORK ON NEW AIRPORT RUNWAY
John Davies |
Vancouver International Airport today will begin a US$300 million project to build asecond runway, a
YELLOW EXPECTS TO BREAK EVEN IN 1ST QUARTER
Journal of Commerce Staff |
Yellow Freight System Inc., blaming harsh winter weather, "disappointing tonnage" andheavy price dis
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SOUTH KOREA TO CUT ADDITIONAL RED TAPESEOUL, South Korea - South Korea increased its
Maritime
CITY OF WILLIAMS BUYS POWER LINES FROM ARIZONA PUBLIC SERVICE CO.
Frank Turco |
Arizona Public Service Co., which has waged bitter battles to try to stop the communities of Page an
BALTIC FREIGHT INDEX
JOC Staff |
1499 (Mar. 25, 1993) Previous day - 1492 The Baltic International Freight Futures Market in
Maritime
SKAARUP URGES FORMATION OF NEW US SHIP REGISTRY
Bruce H. Vail |
Shipowner Ole Skaarup, a prominent critic of U.S. government maritime policy, this week called for t
Maritime
MAXIMUM PRODUCTION IN BRAZIL RESULTS IN POLYOLEFIN OVERCAPACITY
Ira Breskin |
Brazil is awash in excess polyolefin capacity and will remain so for the foreseeable future, a major
CARGILL WEIGHS EXPANSION OF ETHANOL OUTPUT CAPACITY
Knight-Ridder Financial |
Cargill Inc.'s corn milling division may expand its capacity to produce ethanol since its only exist
APL DROPS PLAN FOR JOINT VENTURE WITH EAST ASIATIC DUE TO LOW RATES
Allen R. Wastler |
American President Lines, fearful of the rate situation in the Asia-Europe trade, has scrapped its p
Maritime
TYSON FLEXES TRADE MUSCLES IN COMPUTER SCREEN FIGHT
John Maggs |
Laura Tyson, President Clinton's chief economist, is flexing her muscles on trade policy. Wh
SAFETY TO BE KEY ISSUE IN ILWU CONTRACT TALKS
Kevin G. Hall |
In the opening song of what is expected to be a long dance, the International Longshoremen's and War
Maritime
CONTAINERPORT GROUPS BUYS HAPAG-LLOYD US TRUCK UNIT
Rip Watson |
Hapag-Lloyd (America) Inc. has sold its U.S. intermodal trucking subsidiary, Hamilton Trucking, to C
CONTINENTAL RENEGOTIATES AIRCRAFT ORDERS WITH BOEING
Seattle Times |
Continental Airlines is renegotiating about $3 billion worth of aircraft orders with Boeing Co. that
POWER STRUGGLE A THREAT TO REFORMS IN RUSSIA
Peter M. Tirschwell |
As the power struggle in the Russian government continues, many Westerners who do business there are
Maritime
UZBEKISTAN AIRWAYS ORDERS A310S
(Reuter) |
Uzbekistan Airways has ordered two Airbus Industrie A310-300s worth around $156 million to expand it
COURT ASKED TO FORCE DOT TO DECIDE CITIZENSHIP ISSUE
Mark B. Solomon |
The Department of Transportation awarded an important international air cargo route to Challenge Air
SLUGGISH GROWTH BURDENS BASF'S US OPERATIONS
Alice Cantwell |
Many of BASF Corp.'s operations remained at recessionary levels in 1992, the company's chairman said
ASIAN FUTURES
JOC Staff |
March 25, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity
BRAZIL'S GROWERS SUPPORT PROPOSAL ON COCOA SHIFT
Elizabeth Herrington |
A recent proposal to shift the focus of United Nations-sponsored cocoa pact talks away from a withho
COST OF CREDIT
JOC Staff |
Thursday, March 25, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CLARIFICATION
JOC Staff |
A story, which appeared on Page 5B Tuesday, March 23, should have quoted Paul M. Keane, a partner at
Maritime
MARAD PROPOSES OPENING RESERVE FLEET TO FOREIGNERS
Tim Sansbury |
The Maritime Administration has proposed to undo the requirement that ships in the National Defense
Maritime
RUSSIAN BUDGET DEFICIT MAY BE DOUBLE INITIAL FORECAST
Knight-Ridder Financial |
Russia's budget deficit in 1993, initially forecast at 5 trillion rubles (US$7.31 billion), may be d
WORLD BANK LENDS CHINA $100 MILLION
Knight-Ridder Financial |
The World Bank will lend China $100 million for improving school facilities and teaching, the offici
INDIA CLARIFIES TAX, ROYALTY POLICIES ON DUPLICATION OF AMERICAN SOFTWARE
N. Vasuki Rao |
India's government has finally clarified taxation and profit remittance policy for U.S. software dup
Maritime
DUTCH TO EXEMPT LME TRANSACTIONS FROM VAT
Knight-Ridder Financial |
The London Metal Exchange has struck a deal in principle with the Dutch Ministry of Finance to exemp
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