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ALCOA TO SHUT SMELTING LINE BECAUSE OF POWER CUTBACK
From Wire and Staff Reports |
Aluminum Company of America said it will close one of five aluminum smelting lines at its plant in W
BRAZIL POULTRY FARMERS FIND US CORN CHEAPER THAN HOMEGROWN
Knight-Ridder Financial |
Brazilian poultry farmers in the northeastern part of the country are importing corn from the United
IRELAND WINS TIME FOR PUNT WITH RATE SHIFTS
Knight-Ridder Financial |
The Irish authorities are buying time for their strategy of holding the punt's parities in the Europ
HYUNDAI FOUNDER SUMMONED IN CAMPAIGN SCANDAL PROBE
Knight-Ridder Financial |
Prosecutors have issued a summons to Chung Ju-Yung, founder of the Hyundai empire, demanding that he
CONRAIL, STEEL SHIPPER LAUNCH INTERMODAL SERVICE
Rip Watson |
Consolidated Rail Corp. and C.W.S. Inc. of Oak Brook, Ill., announced Wednesday a new intermodal ser
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of Jan. 9, 1993* Country Category Description
Maritime
TEAMSTERS EFFORT FAILS AT J.B. HUNT
Journal of Commerce Staff |
An effort by the Teamsters to organize some 300 J.B. Hunt Transport Co. drivers working out of their
TRADING WITH SWITZERLAND SWISS OPT FOR NEUTRALITY OVER GROWTH OF ECONOMY
Kenneth Wolf |
Switzerland's economic growth had been as smooth as the Alps are rugged, expanding about 2 percent a
Maritime
NEW ORDERS FOR AIRCRAFT FELL 3 PERCENT IN '92
(Reuter). |
New civil aircraft orders worldwide slipped 3 percent to 581 last year, and of the big three jet pro
NEW AIRLINE GETS DOT NOD TO ADD 3 FLIGHTS TO S. AFRICA
William Armbruster |
A new airline that plans to serve South Africa received a boost last week when the U.S. Department o
JOURNAL OF COMMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/13 1/12 Change % Change: 12/
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 13, 1993Bid AskedCopper_
FREIGHT RATE FUTURES
JOC Staff |
Jan. 13, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NY GOVERNOR SIGNS BILL TO CUT PREMIUMS OF EMPIRE, CREATE OVERSIGHT PANEL
Wire and Staff Reports |
Gov. Mario Cuomo signed legislation late Monday to reduce the premiums Empire Blue Cross & Blue Shie
WORKERS COMPENSATION LOSSES SPARK LAYOFFS AT LIBERTY MUTUAL
Kimberly Blanton |
In the second round of layoffs to hit the Boston insurance industry in a week, Liberty Mutual Insura
US MILITARY MOVE ALTERS OIL OUTLOOK
Knight-Ridder Financial |
Weekly inventory data for petroleum and petroleum products released late Tuesday by the American Pet
IRAN WEIGHS PROJECTS TO ENSURE DELIVERY OF GAS TO EUROPE, ASIA
Knight-Ridder Financial |
Iran is still considering a variety of pipeline proposals to ensure it can deliver exports from its
INDUSTRY REPORT SUGGESTS SUPERFUND NEEDS OVERHAUL
Margo D. Beller |
An insurance industry-supported report released Tuesday called for more taxpayer money to fund clean
FMC GIVES CONSOLIDATORS OPTIONS ON PROVING SOLVENCY
WILLIAM DiBENEDETTO |
The Federal Maritime Commission Wednesday approved rules that give ocean freight consolidators optio
Maritime
COST OF CREDIT
JOC Staff |
Wednesday Jan. 13, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ANGER GROWS OVER CONRAIL IDLING SUIT
Michael S. Lelyveld |
For 27 years, Rosalie Carlson worried about losing her sleep and her health. Now, she is losing fait
AAR STUDYING POSSIBILITY OF USING AC TRACTION MOTORS
Lawrence H Kaufman |
North American railroads plan to spend more than $40 million to determine whether a locomotive techn
Maritime
ASIAN FUTURES
JOC Staff |
Jan. 13, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
COMMODITY BRIEFS
From Wire and Staff Reports |
EGYPT RESCINDS ORDER TO BOOST SUGAR TARIFFCAIRO, Egypt - Egyptian Minister of Supply Galal A
FLA. SUGAR SECTOR HOPES FOR BOOST FROM CLINTON
JAMES McNAIR |
Hampered by the lowest prices for their crop in seven years, Florida's sugar producers are hoping fo
*SPOT COMMODITIES
JOC Staff |
Jan. 13, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
HAMBURG FRUIT FACILITY COMPLETES EXPANSION
Journal of Commerce Staff |
The waterside expansion of the Hamburg Port and Warehouse Corp. Fruit Center was completed with the
Maritime
ANDREW DRAINS FLORIDA'S INSURANCE GUARANTY FUND
David Satterfield |
Thousands of Florida homeowners must wait until mid-February before receiving more money from the st
LONG BEACH RENAMES PIERS, STREETS TO END CONFUSION
Kevin G. Hall |
Dozens of steamship companies, terminal operators, customs brokers and other waterfront businesses i
Maritime
API CHIEF FAULTS ENERGY PROPOSALS FROM CLINTON CAMP
Houston Chronicle |
The president of the oil industry's largest trade group warned this week that the energy proposals o
WEAK CHARTER RATES IN DECEMBER LIKELY TO CONTINUE FOR TRAMP SHIPS
Allen S. Roberts |
Shipowners had to accept sharply lower daily charter rates for tramp containerships in December, shi
Maritime
PHILA. PORT STRIVES TO HOLD ON TO FRUIT SHIPPERS
David Johnston |
Jorge Valero, hands deep in his pockets against the freezing wind, smiledbroadly as Philadel
Maritime
LIABILITY INSURERS EXPECT SUFFICIENT BRAER COVERAGE
Janet Porter |
Liability insurers said Wednesday they are confident there will be sufficient coverage to meet all c
Maritime
FEE TO INSPECT SHIPS FOR PESTS RULED ILLEGAL BY CALIF. JUDGE
Allen R. Wastler |
A Superior Court judge in California has tentatively decided that a state fee for inspecting cargo s
MARINE ENGINEERS END NMU TALKS, OPT FOR LITIGATION
Tim Shorrock |
A shipboard engineers union has broken off its formal negotiations to end a controversial merger wit
US AIR STRIKE AGAINST IRAQ HELPS DOLLAR GAIN ON YEN
Knight-Ridder Financial |
The U.S. air strike against Iraq Wednesday failed to drive the U.S. dollar higher against the deutsc
BOEING NEGOTIATORS, MEDIATOR MEET IN AN EFFORT TO HEAD OFF 1-DAY STRIKE
John Davies |
Labor negotiators for the Boeing Co. huddled with a federal mediator Wednesday looking to jump-start
BOEING SETTLES SUIT OVER HIRING PRACTICES
Wire Reports |
Boeing Co. has agreed to pay over $43,000 in back-pay to a woman who charged she was passed over for
SP TO LAY OFF 116 LOCOMOTIVE REPAIR WORKERS
Journal of Commerce Staff |
Southern Pacific Lines said it will furlough 116 locomotive repair shop workers in nine cities throu
FRUEHAUF TRAILER CORP. IS UP FOR SALE AGAIN
Knight-Ridder Newspapers |
Fruehauf Trailer Corp. is up for grabs again, nearly seven years after the once-venerable Detroit ma
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