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US AEROSPACE INDUSTRY POSTS RECORD SURPLUS
Mark B. Solomon |
The U.S. aerospace industry reported a record $31.4 billion trade surplus in 1992 but its growth con
AIR FREIGHT GROUPS LEND SUPPORT TO CUSTOMS REFORM
Tim Shorrock |
Two transport groups, the Air Freight Association and the Air Courier Conference of America, have en
EC WEIGHS POOLING OF AVIATION ACCORD
Bruce Barnard |
The European Community today will discuss pooling its 12-member nations' civil aviation agreement wi
US CUSTOMS TO SCRUTINIZE IMPORT VALUES AGENCY WANTS TO HIKE REVENUE
Peter M. Tirschwell |
In a major policy shift, the U.S. Customs Service said it will actively try to increase the amount o
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 12, 1993Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Mar. 12, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
COMPRESSED NATURAL GAS TOUTED AS CHEAP, PLENTIFUL GASOLINE SUBSTITUTE
Anthony Neely |
The race may be on to develop an alternative fuel for America's cars, but as far as entrepreneurs Ji
US BUSINESS INVENTORIES UNCHANGED IN JANUARY
Knight-Ridder Financial |
U.S. business inventories were virtually unchanged in January at a seasonally adjusted $840.367 bill
CZECH-SLOVAK EXCHANGES TAKE TURN FOR WORSE
Milan Ruzicka |
Trade between the Czech and Slovak republics has disintegrated since January, prompting both governm
Maritime
CARGO SHIP JUNKING TO AID SAILOR MEMORIAL
Alice Cantwell |
The imminent scrapping of a World War II cargo ship, in an ironic twist, will help keep alive the me
Maritime
BRAZIL INFLATION FELL IN FEBRUARY
Knight-Ridder Financial |
Inflation fell to 24.79 percent last month from 28.77 percent in January,mainly because Febr
Maritime
CHILE, ECUADOR PLAN TALKS ON FREE-TRADE AGREEMENT
Charles W. Thurston |
Chile and Ecuador agreed to launch talks to form a free trade agreement. The bilateral tie w
Maritime
FDA BACKS FRENCH ON FISH IMPORT BAN
Tara Patel |
France is seizing samples of frozen fish imported from the United Statesbecause they contain
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
EX-USSR LEADERS BOOST COOPERATIONGovernment leaders from the Commonwealth of Independent Sta
Maritime
AILING INSURER'S NEW CHIEF ACTS TO REASSURE CUSTOMERS
Jim Jordan |
The new chief executive of Kentucky Central Life Insurance Co. has turned to the radio program as a
JAPAN WEIGHS IMPORTS OF INDIAN RAPESEED
Knight-Ridder Financial |
Some Japanese trading companies are considering importing Indian rapeseed in the coming months, foll
DRUG MANUFACTURER COMPLETES MAJOR EXPANSION IN CANADA
Leo Ryan |
A leading Canadian generic drug manufacturer, Apotex Inc. of Toronto, has completed what its preside
S. AFRICA CLAIMS 88 PERCENT OF PLATINUM RESERVES
Knight-Ridder Financial |
South Africa holds about 88 percent of the world's platinum group metal reserves, according to revis
12 US AGENCIES LEVIED TAXES, FEES ON WATERBORNE TRAFFIC IN 1991
Tim Sansbury |
Twelve federal agencies levied taxes, user fees and other assessments worth $1.9 billion on waterbor
Maritime
CHINA PLEDGES TO TAKE ACTION TO HALT SLIDE IN CURRENCY
(Reuter) |
China intends to use "all means necessary" to stem the slide in its currency, which has lost one-thi
ABP'S WRITE-OFF ON REAL ESTATE CREATES $52 MILLION LOSS FOR 1992
Keith M. Rockwell |
Associated British Ports Holdings PLC's provisions against a sharp fall in real estate values offset
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Mar. 12, 1993Prev. Life of Contr. OpenOpen High Low
PA. UTILITY PANEL SAYS CUSTOMERS MUST PAY TO RETIRE THREE MILE ISLAND
Julia C. Martinez |
In an unprecedented reversal, the Pennsylvania Public Utility Commission has decided that customers
POLISH ARMS-FACTORY WORKERS PROTEST PLAN TO EXTRADITE BOSS
(Reuter) |
Workers at a Polish arms factory Friday protested Germany's plan to extradite their ex-manager to th
CLINTON ENDORSES TOUGHER TRADE POLICY
Richard Lawrence |
The Clinton administration is embracing a new and controversial approach tohelping U.S. comp
HIGH-RATE TENSIONS IN EMS PRESSURE PORTUGUESE ESCUDO
John J. Duffy |
Persistent tensions caused by high short-term interest rates within the European Monetary System bub
JOBLESS RATE FALLS IN CANADA
(Reuter) |
Canada's unemployment rate continued to decline in February, falling to 10.8 percent from 11.0 perce
GENERAL SHIP ACQUISITION SAYS TAKEOVER DEAL NEAR
TOM McNIFF Jr. |
General Ship Acquisition Co., which proposes to purchase Boston Harbor's only major ship repair firm
Maritime
A.P. MOLLER HEAD EXPECTED TO RETIRE ON 80TH BIRTHDAY
Janet Porter |
Maersk McKinney Moller, head of the giant Danish shipping, shipbuilding and energy group A.P. Moller
Maritime
ITALIAN INDUSTRIALISTS FEAR IMPACT OF CORRUPTION SCANDAL ON ECONOMY
(Reuter) |
Italian industrialists are increasingly worried about whether the country's economy can withstand th
Maritime
BILLIONAIRE LEADER INSPIRES CONFIDENCE IN LEBANON
Tom Hundley |
In a region where political leaders tend to be either absolute monarchs or former generals, Lebanon'
SERIES OF BOMBS KILL NEARLY 200 IN BOMBAY
JOC Staff |
Nearly 200 people were killed and hundreds injured Friday in a series of bomb explosions in Bombay,
Maritime
AMERICAN EXPRESS WILL SELL BROKERAGE UNIT TO PRIMERICA
(Reuter) |
Primerica Corp. and American Express Co. announced Friday that they have signed an agreement for Pri
ASIAN FUTURES
JOC Staff |
March 12, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/12 3/11 Change % Change: 2/1
JOFC INDEX RISES ON SURGE IN PLYWOOD
Howard Simon |
The Journal of Commerce Industrial Price Index raced to a new 1993 high of 104.6 last week as plywoo
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Mar. 12, 1993Bid AskedCopper_
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
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
TRANSPORT BRIEFS
From Wire and Staff Reports |
CLINTON SEEN BACKING USAIR-BA DEALWASHINGTON - The Clinton administration is leaning
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