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RAILROAD PRIVATIZATION PLAN CLEARS THE GERMAN CABINET
Special to The Journal of Commerce |
The German Cabinet agreed Wednesday to a major reform of the German railway system that will pave th
PEOPLE - TRANSPORT
From Wire and Staff Reports |
PILOT AIR FREIGHT CORP. (Lima, Pa.) - Andrea Pike was named national account manager for the Western
INSURANCE EARNINGS
From Wire and Staff Reports |
TRANSAMERICA TURNED A PROFIT IN 4TH QUARTERSAN FRANCISCO - Transamerica Corp. report
TAX CHANGES COULD HURT MULTINATIONALS, CARIBBEAN
Charles W. Thurston |
Multinational companies and Caribbean Basin countries are among those paying keen attention to Presi
NYMEX CHAIRMAN FIGHTS FOR JOB IN WAKE OF COMPLAINT BY CFTC
Cathy Kristiansen |
Lou Guttman, New York Mercantile Exchange chairman, is fighting for his job after the Commodity Futu
API WEEKLY REPORT CRUDE OIL INVENTORIES INCREASE
Journal of Commerce Staff |
Crude oil inventories rose 6.0 million barrels in the week ended Feb. 12 compared with the previous
MARITIME BRIEFS
From Wire and Staff Reports |
HAITIAN FERRY SINKING MAY HAVE KILLED 2,000MIAMI - About 2,000 Haitians are feared d
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
S. AFRICA EXPORTS TO US RISE AFTER 8 YEARS OF SANCTIONS
Milton G. Allimadi |
South Africa's exports to the United States have begun to creep upward, eight years after U.S. sanct
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Feb. 18, 1993Prev. Life of Contr. OpenOpen High Low
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
COST OF CREDIT
JOC Staff |
Thursday, Feb. 18, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMEX METAL WAREHOUSE
JOC Staff |
Feb. 18, 1993 Copper Total, 117,932. Gold Total, .1,465,533.Silver To
VESSELS, PORTS FINALIZED FOR NEW PAX SERVICE
Allen S. Roberts |
Hapag-Lloyd, NYK Line and Neptune Orient Lines have finalized vessel deployments and port rotations
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
UNION PACIFIC PLANS TO SELL IDAHO LINESOMAHA, Neb. - Union Pacific Railroad plans to
FOR SOME, PLAN IS BITTER MEDICINE MARITIME INTERESTS FACE RISING COSTS
Tim Shorrock |
Shipping lines, tanker operators, shippers and shipbuilders face higher costs under the increased ta
AMR MAY CONSIDER DUMPING MONEY-LOSING AMERICAN AIRLINES
(Reuter) |
AMR Corp., owner of the largest airline in the United States, said Thursday it might consider dumpin
GAO URGES EASING OF RULES LIMITING AIRLINE INVESTMENT
WILLIAM DiBENEDETTO |
Congress should relax foreign investment and control restrictions so that U.S. airlines can gain acc
TRANSPORT BRIEFS
From Wire and Staff Reports |
CARGO PLANE CRASHES IN DOMINICAN REPUBLICSANTO DOMINGO, Dominican Republic - A cargo
CHINA LOOKS TO EXPAND TRADE WITH LATIN AMERICAN NATIONS
P.T. Bangsberg |
As the North American free-trade agreement inches toward implementation, China also is looking to ex
Maritime
BRAZIL, BOLIVIA SIGN DEAL FOR GAS SUPPLY, PIPELINE
Knight-Ridder Financial |
Brazil and Bolivia signed a contract calling for Brazil to buy natural gasfrom Bolivia and f
BALTIC FREIGHT INDEX
JOC Staff |
1362 (Feb. 18, 1993) Previous day - 1351 The Baltic International Freight Futures Market in
Maritime
RUSSIAN WORKERS DRAW RICH BOUNTY FROM GIGANTIC SIBERIAN GAS FIELDS
(Reuter) |
Alexander Margulov's hand trembled as he lifted a glass of vodka filled to the brim and toasted the
CSX INTERMODAL OFFERS GEORGIA SCHOLARSHIP
JOC Staff |
CSX Intermodal has established a scholarship for students in the Georgia Southern University logisti
"NEW CRUZEIRO' PROPOSED FOR BRAZIL
(Reuter) |
Brazil, hit by 1,100 percent inflation, will establish a new currency by cutting three zeroes from t
US TO PROCEED WITH PROBE OF CHIP IMPORTS FROM S. KOREA
Journal of Commerce Staff |
The Commerce Department has decided to proceed with a major dumping probe of semiconductors from Sou
Maritime
ASIAN FUTURES
JOC Staff |
Feb. 18, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
AEROMEXICO TO OBTAIN CONTROL OF MEXICANA
(Reuter) |
Aerovias de Mexico announced that it has struck an agreement to effectively take over its ailing riv
EUROTUNNEL PLANS SUIT OVER BRITISH RAIL TERMINAL
Knight-Ridder Financial |
Eurotunnel, the company building the tunnel under the English Channel, said this week it would sue B
E.T.M. CORP.
JOC Staff |
PERFORMANCE: E.T.M. Corp. won an "E" Award in 1992. In the small but growing international m
Maritime
BIOGEN CONFIRMS PLAN TO EXPAND IN MASS.
Boston Globe |
Biogen Inc. has confirmed that it is looking to expand its Massachusetts operations in Cambridge and
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Feb. 18, 1993 Prevailing sellers' posted prices at the close of business, represent
NEW OIL FIRM IN CHINA SEEN SPARKING CONFUSION
Lisa Twaronite |
A new Chinese national oil trading company being established here to compete with the existing state
WESTCOAST ENERGY TO SELL SUBSIDIARY
Knight-Ridder Financial |
Westcoast Energy Inc. plans to sell its wholly owned oil and gas subsidiary, Westcoast Petroleum Ltd
FREIGHT RATE FUTURES
JOC Staff |
Feb. 18, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FRENCH INDUSTRIAL OUTPUT DOWN FROM NOVEMBER AND YEAR AGO
Knight-Ridder Financial |
French industrial production, excluding construction and public works, fell a preliminary 1.0 percen
DOLLAR FALLS ON CONCERNS OVER CLINTON TAX PLAN
Knight-Ridder Financial |
The U.S. dollar, after gaining in Asian and European trading Thursday, surrendered most of its gains
HUB PLAN MAY USHER IN NEW INTERMODAL ERA
Rip Watson |
As the nation's largest intermodal marketer pursues a higher profile in intermodal equipment and ser
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
US INSURERS LIST SEVEN NATIONS IN PUSH TO OPEN RESTRICTED MARKETS
Paul Dykewicz |
American insurers are urging U.S. negotiators to target seven nations as priorities for eliminating
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