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HOUSE PANEL TO EXAMINE AIRLINE INDUSTRY'S WOES
WILLIAM DiBENEDETTO |
Bankruptcies, red ink, low profit margins - the airline industry is in trouble and a House aviation
MYANMAR BATTLING ESCALATING INFLATION
Ron Corben |
The economy of Myanmar, one of the world's poorest nations, is grappling with rocketing inflation of
Maritime
SPOT COMMODITIES
JOC Staff |
Feb. 10, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
NORANDA FOREST SELLS 49.3 PERCENT STAKE IN MACMILLAN BLOEDEL
(Reuter) |
Noranda Forest Inc. agreed to sell its 49.3 percent stake in forestry giant MacMillan Bloedel Ltd. t
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BECHTEL CORP. WINS ROHM AND HAAS PACTHOUSTON - Bechtel Corp. has been awarded a mult
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 10, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
Feb. 10, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
INVESTORS SEEK A SLICE OF TAIWAN'S INFRASTRUCTURE PIE $340 BILLION IN CONTRACTS UP FOR GRABS
Brian Johns |
Scores of American and European entrepreneurs are scrambling for joint- venture opportunities among
TRADE BRIEFS
From Wire and Staff Reports |
KANTOR, MEXICO'S PUCHE TO HOLD FIRST MEETINGWASHINGTON - Mickey Kantor, U.S. trade r
Maritime
ASIAN "GROWTH TRIANGLE' NEEDS PUSH, ANALYSTS SAY
(Reuter) |
A proposed "growth triangle" linking Malaysia, Thailand and Indonesia needs a strong political push
Maritime
CHAIRMAN, 4 DIRECTORS RESIGN FROM TODD SHIPYARD BOARD
Journal of Commerce Staff |
The chairman of Todd Shipyard Corp. and four directors who favored his plan to diversify away from t
Maritime
BN NAMES W.W. FRANCIS EXECUTIVE VP
Journal of Commerce Staff |
Burlington Northern Railroad Co. said Tuesday it has named William W. Francis executive vice preside
'92 TRANSPORT BANKRUPTCIES TRAILED OTHER INDUSTRIES
Dane Hamilton |
While U.S. business failures approached the 97,000 mark for 1992, a 10 percent increase over the num
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
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
GUYANA OFFICIAL SAYS NATION PLANS NEW PUSH FOR PRIVATIZATION
Richard Lawrence |
Guyana's new government is fully committed to the privatization of its state- owned businesses, Asga
HOUSE MARITIME SUBCOMMITTEE TO CONTINUE PREFERENCE REVIEW
Journal of Commerce Staff |
A House maritime subcommittee this month will examine federal agency compliance with U.S. laws that
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
SHANGHAI WILL OPEN CHEMICALS EXCHANGEShanghai will open a national futures exchange for trad
US "BLUES' ASSOCIATION TIGHTENING STANDARDS
Michael L. Millenson |
Battered by months of congressional hearings documenting financial and ethical irregularities by som
LUMBER FUTURES HIT LIMIT UP IN CHICAGO
Knight-Ridder Financial |
Lumber contracts, except for November and January, were locked up at the daily limit of $10 a 1,000
FRENCH GRAIN SALE TO RUSSIA SPARKS EC FIGHT, EXPORTERS SAY
Ned Stafford |
A political battle between European grain exporters, EC and French officials and Russian grain impor
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
FLORIDA CITRUS PRICE LULL MAY GO ON FOR 6-8 MORE MONTHS, OFFICIAL SAYS
Jerry Jackson |
Citrus growers may not see fruit prices rise to the break-even point for six to eight months, said a
NEW FREE-TRADE ZONE IN KENYA TO SUPPLY BULK LIQUIDS TO SOMALIA
Charles W. Thurston |
Entrepreneurs at Molfeca Oils EPZ Ltd., touting their storage tank farm as Africa's first bulk-liqui
TRANSPORT BRIEFS
From Wire and Staff Reports |
JAL WARNS AGAINST AVIATION SANCTIONSWASHINGTON - The Japanese government will retali
GERMANY EXPECTS TO GAIN FROM EXPORTS, INVESTMENTS
Conny Lotze |
The German government expects exports and investments to boost the country's sagging economy by the
US-EC AGREEMENT ON MARKET ACCESS SEEN KEY TO GATT
John Zarocostas |
Critical negotiations on reducing tariffs on industrial and agricultural products may come to a head
Maritime
SHIFT TO SHORT LINES MARKS END OF ERA FOR ORE. RAILS
John Davies |
Oregon shippers who believe railroads aren't interested in a few carloads of freight soon may be hea
BALTIC FREIGHT INDEX
JOC Staff |
1315 (Feb. 10, 1993) Previous day - 1309 The Baltic International Freight Futures Market in
Maritime
API WEEKLY REPORT CRUDE OIL STOCKS ROSE LAST WEEK
Journal of Commerce Staff |
Crude oil inventories rose 5.3 million barrels in the week ended Feb. 5 compared with the previous w
LUBRIZOL CORP. SUES 12 INSURERS OVER WASTE CLEANUP COSTS
(Reuter) |
Lubrizol Corp. filed suit against 12 insurance companies and an Ohio state insurance association in
FRONT-RUNNER EMERGES FOR WIS. INSURANCE CHIEF POST
Paul Dykewicz |
The head of a cooperative that helps businesses contract for health-care services is expected to be
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Feb. 10, 1993Prev. Life of Contr. OpenOpen High Low
US, AUSTRALIA FAIL TO CONNECT ON NORTHWEST AIRLINES FLIGHTS
William Armbruster |
The United States and Australia failed to reach an agreement this week in a dispute over Australia's
UNIONS "R' US? BIG TOY RETAILER HOPES MORE WORKERS WILL SAY NO
Gregory S. Johnson |
Toys "R" Us Inc. doesn't want to look for the union label. The toy shipper is likely to moun
TRANSPORT BRIEFS
From Wire and Staff Reports |
USPS NAMES SICHEL CHIEF FINANCIAL OFFICERWASHINGTON - The U.S. Postal Service Wednes
ICC SEEKS COMMENTS ON PLAN EXEMPTING ITEMS FROM RAIL RULES
Mark B. Solomon |
The Interstate Commerce Commission, voting along party lines, proposed Wednesday to exempt a large c
COSCO BOOSTS WEST COAST PRESENCE IN RESTRUCTURING
Kevin G. Hall |
In a move designed to give it more control of its operations in the United States, China Ocean Shipp
Maritime
TEAMSTERS BARRED FROM PICKETING AT PHILADELPHIA INTERMODAL YARD
Alice Cantwell |
A ship from Australia and a Canadian Pacific train were unloaded Wednesday at Philadelphia after a j
Maritime
CHINA TO CREATE MASSIVE SHIP CONGLOMERATE
P.T. Bangsberg |
China will consolidate some 160 state-owned shipping enterprises into a single conglomerate, China O
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