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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
TWO EXCHANGES SPAR OVER COPPER WAREHOUSES
Knight-Ridder Financial |
Top officials from the London Metal Exchange and Commodity Exchange Inc. went head to head on the co
BOEING TO CUT 27,000 JOBS BY MID-'94
Journal of Commerce Staff |
Boeing Co., the world's leading airplane builder, Thursday joined the list of big American companies
ARMY CORPS TO REQUIRE DIOXIN TESTS AT BERTHS TO BE DREDGED IN NEWARK
Alice Cantwell |
The Army Corps of Engineers Thursday said it will require testing for dioxin contamination at all of
Maritime
US DEFICIT AND DEBT
U.S. Treasury, World Almanac, Tax Foundation |
President Clinton has vowed to halve the federal budget deficit in four years or cut it by $145 bill
GERMAN TRADERS CRITICIZE DELAYS AT POLISH BORDER
Ned Stafford |
German grain exports bound for Poland are being excessively delayed at the Polish border, causing ra
S. AFRICAN FIRM TO GET JAPANESE LOAN
Knight-Ridder Financial |
Japanese trading house Mitsubishi Corp. has agreed to give a $25 million loan to Western Platinum Lt
SMALL SAWMILL MAKERS PUSH EXPORTS TO RUSSIA
John Davies |
Ever since Russia reopened its markets several years ago, timbermen from the Pacific Northwest have
REACTION MIXED TO PRESIDENT'S PROPOSAL TO ADD ENERGY TAXES
Arthur Gottschalk |
President Clinton's proposal to raise $49 billion in revenue from new taxes on energy met with mixed
DEMOCRATS SEEK TO AVOID POINT-BY-POINT REVIEW OF PLAN
Stephanie Nall |
Industry representatives Thursday were looking hard at specific new taxes and user fees mentioned in
ENERGY BRIEFS
From Wire and Staff Reports |
PORTLAND UTILITY SUES WESTINGHOUSEPORTLAND, Ore. - Portland General Electric Co. sue
THE ECONOMY
Wire and Staff Reports |
STATE JOBLESS CLAIMS FALL 19,000 IN WEEKWASHINGTON - New claims for state unemployme
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