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WESTINGHOUSE CHAIRMAN ANNOUNCES RETIREMENT
(Reuter) |
Westinghouse Electric Corp., joining a grim parade of struggling companies going through management
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
MARITIME BRIEFS
From Wire and Staff Reports |
MARAD TO HOLD HEARING ON CHARTER REQUESTWASHINGTON - The U.S. Maritime Administratio
Maritime
FOREIGN STEEL PRODUCERS FACE US PENALTIES
Richard Lawrence |
The U.S. government moved one step closer Wednesday to imposing higher import duties on flat-rolled
LA CITY COUNCIL LOWERS ODDS FOR COURT ACTION ON PORT FUNDS
Kevin G. Hall |
Months of bitter controversy over the transfer of $44 million in Port of Los Angeles funds to dwindl
Maritime
BOEING'S 30 PERCENT PRODUCTION CUT MAY COST 15,000 NORTHWEST JOBS
Journal of Commerce Staff |
Boeing Co. has announced a 30 percent cut in aircraft production that could cost the Pacific Northwe
DUPONT, DOW CORNING POST LOSSES IN QUARTER
JOC Staff |
Two leading chemical companies reported fourth quarter losses, due largely to extraordinary items.
INTERMODAL SERVICE LACKS STRONG PROMOTION, SURVEY SAYS
Rip Watson |
A nationwide survey of shippers indicates intermodal marketers may be their own worst enemy, failing
EC PREPARES FOR FIGHT OVER TELECOMMUNICATIONS
Bruce Barnard |
The European Community Commission is bracing for a protracted battle to force Europe's telephone com
Maritime
SHORT RAIL HAULS HELD KEY IN TURNING GARBAGE TO GOLD
Rip Watson |
With intermodal companies looking longingly at municipal solid waste as a major commodity of the fut
HONG KONG'S HECNY OFFERS SEA-AIR ROUTE FROM CHINA
Kevin G. Hall |
Offering quicker crossings than ocean carriers while capitalizing on excess capacity in the eastboun
GM WEIGHS PITFALLS OF LETTING TOYOTA BUILD BIG PICKUPS AT ITS FLINT PLANT
Greg Gardner |
Toyota Motor Co. wants to begin building its T100 pickup truck at General Motors Corp.'s Flint, Mich
Maritime
OWENS-CORNING AUTOMATES FIBERGLASS PART PRODUCTION
Milton G. Allimadi |
Owens-Corning Fiberglas Corp., of Toledo, Ohio, has developed an automated, composite manufacturing
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CUSTOMS SERVICE FILLS KEY SLOTS TEMPORARILYWASHINGTON - Seven officials have been ap
Maritime
CFTC PROPOSES NEW RULES FOR EXCHANGE EMERGENCIES
Kathy Kristiansen |
The Commodity Futures Trading Commission has proposed rules that would establish new procedures for
INDIA ALUMINUM FIRM MAY START UP AGAIN
Knight-Ridder Financial |
Madras Aluminium Co., a defunct company, may be opened again with assistancefrom the state-r
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
SHIP ASBESTOS DISPUTE POSES TURKISH DILEMMA
(Reuter) |
The liner United States, which set an Atlantic crossing record on her maiden voyage 40 years ago, ha
Maritime
FDIC SEEKS PRIVATE SECTOR AID IN INSURING BANK DEPOSITS
(Reuter) |
Federal regulators hope to seek bids this spring from firms seeking to reinsure the cost of handling
LOCAL GOVERNMENTS DISCOVER EASING IN SOME COMMERCIAL INSURANCE RATES
Brigitte Maxey |
Local governments across the country paid less for commercial insurance last year than in 1991, acco
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
TIDEWATER BARGE LINES LAUNCHES MOBILE SHIP-REPAIR OPERATION
Journal of Commerce Staff |
One of the Columbia River's major barge operators will begin providing repair service for oceangoing
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
WARNER-LAMBERT POSTS RECORD QUARTER PROFITSMORRIS PLAINS, N.J. - Warner-Lambert Co., the pha
PRICE DIP PERILS CHINA'S METAL EXPORTS STRATEGY
Knight-Ridder Financial |
China is facing a dilemma in its strategy on metal exports, encouraged by aweakening domesti
UNION CARBIDE CORP. REPORTS PROFIT IN QUARTER, $187 MILLION LOSS FOR YEAR
Journal of Commerce Staff |
Union Carbide Corp. earned $17 million, or 12 cents a share, from continuing operations during the f
SUPREME COURT'S MINIMUM-TAX RULING COULD COST ENERGY PRODUCERS BILLIONS
David Ivanovich |
The U.S. Supreme Court's decision Monday siding with the Internal Revenue Service and against oil, g
AMSTERDAM TO CREATE TRANSPORT HUB
Journal of Commerce Staff |
The Port of Amsterdam said it will create an international multimodal logistics center, to be called
Maritime
LINER NOTES - ALLEN S. ROBERTS WHAT PRESIDENT CLINTON COULD LEARN FROM FOREIGN FLEETS
Allen S. Roberts |
By the time President Clinton gets around to fashioning a new U.S. maritime policy, you canbet that
Maritime
SEAWAY MAY OFFER DISCOUNTS FOR SOME COAL SHIPMENTS
Tim Sansbury |
Citing Western export coal as a key growth market for Great Lakes shipping, the administrator of the
Maritime
BIG 3 CARRIERS AGAIN JOIN TO FIGHT USAIR-BA PACT
Bernie Kohn |
American, United and Delta airlines are preparing another high-profile campaign to ground the revise
TRANSPORT BRIEFS
From Wire and Staff Reports |
USAIR, BOEING AGREE TO NEW DELIVERY PLANARLINGTON, Va. - USAir and Boeing Commercial Airplan
US EMBASSY STUDY TOUTS ADVANTAGES OF INDONESIA
Mark Magnier |
Indonesia has excellent prospects for continued economic diversification and growth, and that's good
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
BALTIC FREIGHT INDEX
JOC Staff |
1275 (Jan. 27, 1993) Previous day - 1274 The Baltic International Freight Futures Market in
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 27, 1993 Copper Total, 119,908. Gold Total, .1,361,491.Silver Total, .27
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 27, 1993Bid AskedCopper_
CLARIFICATION OF "LAYTIME' CLAUSES COULD CURB OWNER-CHARTERER DISPUTES
Peter D. Clark |
Much of the dry cargo transported in international trade is carried aboard ships sailing under voyag
Maritime
IC SAYS LLOYD'S MOVE IS ONE-TIME COMMITMENT
William Pitt |
IC Insurance's move to sell reinsurance coverage to a major Lloyd's of London marine insurance syndi
INSURANCE INDUSTRY HAS BIG STAKE IN PLAN TO RESTRUCTURE SUPERFUND
Paul Dykewicz |
Speculation is rising about whether the new administration's need to deal with the federal deficit a
JOURNAL OF COMMERCE - FAST FACTS US TRADE IN SKI EQUIPMENT
JOC Staff |
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