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Platts Containers Update
P&O CONTAINERS THREATENS SWITCH FROM RAIL TO ROADS
Janet Porter |
In an undeniable threat to British Rail, P&O Containers Ltd. has warned it will take its substantial
OPPONENTS OF THIRD RUNWAY AT SEATTLE AIRPORT FILE SUIT
Journal of Commerce Staff |
Opponents of a proposed third runway at Seattle-Tacoma International Airport filed a lawsuit challen
MUNICH RE CHAIRMAN, HORST JANNOTT, DIES
(Reuter) |
Horst Jannott, chief executive of the world's largest reinsurance group, died Sunday, barely a week
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 24, 1993Brent Crude Oil - (Dollars Per Barrel)
MEXICO RESISTS PROPOSED TRADE TAX FOR BORDER INFRASTRUCTURE
Kevin G. Hall |
Mexico will fight any new trade taxes to shore up border infrastructure, the nation's chief trade ne
MARITIME BRIEFS
Wire and Staff Reports |
RIVERBOAT GAMBLING RETURNS TO OHIO RIVERMETROPOLIS, Ill. - Lady Luck waltzed into Su
Maritime
SOUTH KOREAN PROCESSOR MAY BUY CHINESE CORN
Knight-Ridder Financial |
A major South Korean corn processor said it is looking to switch its regular purchases of U.S. No. 2
TRADING WITH NIGERIA NIGERIA RIDES ROLLER COASTER AS OIL PRICES RISE AND FALL
Kenneth Wolf |
Nigeria's economic performance for the past decade has been a roller coaster ride that rises and fal
Maritime
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
SWISS ECONOMY FORECAST TO CONTRACT
Knight-Ridder Financial |
The Swiss economy will contract a real 0.5 percent in 1993, following a decline of 0.4 percent in re
CANADA LINE WANTS EXPRESS LANE FOR CARRYING COAL THROUGH LOCKS
Tim Sansbury |
Against fierce opposition, Canada Steamship Lines Inc. wants U.S. and Canadian Seaway authorities to
TRANSPORT BRIEFS
Wire and Staff Reports |
BA, VIRGIN ATLANTIC CONTINUE DISCUSSIONSLONDON - Talks between British Airways and V
MARITIME BRIEFS
Wire and Staff Reports |
TIDEWATER INC. ADDS 26 VESSELS TO FLEETNEW ORLEANS - Tidewater Inc. said it purchase
Maritime
CHINA EYES FURTHER HIKE IN ELECTRONIC EXPORTS
P.T. Bangsberg |
With a sharp jump in exports last year of electronic products and machinery, China is aiming for a f
Maritime
TRANSPORT CALENDAR
JOC Staff |
Balance-Due Freight Bills. March 1. Courtroom adversaries Robert J. Gallagher and Paul O. Taylor fac
ENERGY TAX COULD REDUCE OIL PRICES BY 50 CENTS A BARREL, CBO CHIEF SAYS
Doug Palmer |
An energy tax proposed by the Clinton administration could result in a 50- cent-a-barrel drop in wor
SEARCH FOR A CFC SUBSTITUTE CONSIDERED VITAL TO COMPANY
Casey Bukro |
Finding CFC-substitute chemicals that do not damage the Earth's protective atmospheric ozone layer i
WOMAN AT CONTSHIP HELM PLANS BEYOND COLOR COUP
Special to The Journal of Commerce |
Shipping tends to be a male-dominated business. However, it's Cecilia Battistello who calls the shot
Maritime
SPOT COMMODITIES
JOC Staff |
Feb. 24, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
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
BALTIC FREIGHT INDEX
JOC Staff |
1374 (Feb. 24, 1993) Previous day - 1375 The Baltic International Freight Futures Market in
Maritime
SHIPPERS BATTLE CARRIERS OVER TEXAS LEGISLATION
Dane Hamilton |
Shippers and regulated motor carriers will battle over the next several weeks in the Texas Legislatu
WELD WOULD BACK COMPROMISE ON MASS. AUTO INSURANCE REFORM
Boston Globe |
The administration of Gov. William Weld is willing to compromise on automobile insurance reform, but
SWEDISH SHIPOWNERS RENEW DRIVE AGAINST CONTROVERSIAL LABOR LAW
Janet Porter |
Swedish shipowners are stepping up their campaign against the controversial law that permits local u
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
COLUMBUS LINE INC. (Jersey City, N.J.) - Miles Douglass was hired as a sales repre- sentative in the
Maritime
GASOLINE PRICES
JOC Staff |
Feb. 24, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ICE AGAIN JAMS MONTREAL PORT, HALTING PROGRESS OF 2 DOZEN SHIPS
Leo Ryan |
The Port of Montreal once again has become paralyzed by ice jams that have left about two dozen ship
Maritime
ATA ADOPTS POLICY ON ANTI-LOCK BRAKES
Kevin G. Hall |
Facing expected government motor carrier regulations mandating anti-lock brakes, the executive commi
FLEDGLING ATLAS AIR SET TO BEGIN REGULAR FREIGHTER SERVICE TO TAIWAN
Lawrence H Kaufman |
A newly certificated U.S.-flag all-cargo airline will make its initial scheduled flight between New
CAROLINA FREIGHT CORP. NAMES CHIEF EXECUTIVE
Lawrence H Kaufman |
Lary R. Scott, a trucking industry veteran, will become chief executive of Carolina Freight Corp.
SP REJECTS LATEST BID FOR LA-LONG BEACH LINK
Knight-Ridder Financial |
Southern Pacific Transportation Co. has rejected the latest bid by the ports of Long Beach and Los A
API WEEKLY REPORT CRUDE OIL INVENTORIES DECLINE
Journal of Commerce Staff |
Crude oil inventories fell 9.1 million barrels in the week ended Feb. 19 compared with the previous
US URGED TO MAINTAIN GRAIN SALES TO RUSSIA
Doug Palmer |
The United States needs to "design a program" to ensure that U.S. grain sales continue to Russia and
SMITHKLINE BEECHAM REPORTS PRE-TAX 1992 PROFIT UP 11 PERCENT
From Wire and Staff Reports |
Health-care group SmithKline Beecham reported an 11 percent jump in pre-tax profit last year, underp
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 24, 1993 Quotations are based on prices reported in the market or obtained from s
AMOCO MOVES TO BOOST OUTPUT OF PRODUCT USED IN MAGNETIC TAPES
John Boyd |
Amoco Chemical Co. for the first time will produce commercial quantities of a proprietary polyester
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 24, 1993Bid AskedCopper_
SANTOS DOCKERS STRIKE OVER MODERNIZATION BILL
James Bruce |
All trade and commerce in the port city of Santos as well as the port itself will be halted for 24 h
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
ICC ALLOWS DEFUNCT MOTOR CARRIER TO SEEK RETROACTIVE FREIGHT FEES
Stephanie Nall |
In the first test of its hotly debated undercharge review process, the Interstate Commerce Commissio
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