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PROCTER & GAMBLE WILL SELL PULP BUSINESS FOR $1.2 BILLION
From Wire Reports |
Procter & Gamble Co. Thursday said it expects to sell its commercial pulp business and timberlands e
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
TRADE BRIEFS
From Wire and Staff Reports |
FORMER RUSSIAN LEADER TO HEAD THINK TANKRussia's former acting prime minister Yegor Gaidar p
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Dec. 16, 1992 Prevailing sellers' posted prices at the close of business, represen
GATT NATIONS SHUN US PLAN TO CURB DUMPING
John Zarocostas |
A U.S. proposal to tighten global trade rules against "dumping" goods has failed to attract support
SANCTIONS BY FMC BREAK LAW, KOREANS SAY FORWARDERS CHARGE DISCRIMINATION
Kevin G. Hall |
A Federal Maritime Commission action to pry open maritime services in South Korea discriminates agai
ANOTHER HAGEN FACE-OFF LOOMING WITH NEDLLOYD
Janet Porter |
Norwegian businessman Torstein Hagen appears headed for yet another showdown with the supervisory bo
SHIP LINES GEAR FOR GROWTH IN REFRIGERATED CARGO NICHE
Allen S. Roberts |
When Evergreen Group's strategic planners sat down in Taiwan to write specifications for the steamsh
FOG DELAYS ANTITRUST FINES FOR EUROPEAN OCEAN CARRIERS
Bruce Barnard |
Several leading European shipping lines Wednesday temporarily escaped heavy fines for allegedly brea
Maritime
FELIXSTOWE HITS MILLION-BOX MARK
JOC Staff |
Felixstowe, Britain's largest container port, handled its millionth box of the year Wednesday. The f
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
NEPTUNE ORIENT TO ADD DIRECT CALL AT COLOMBONEW YORK - Neptune Orient Lines Ltd. nex
Maritime
SHIP LINES WIN SKIRMISH IN LA PORT FUND BATTLE
Kevin G. Hall |
Steamship lines opposed to legislation that approves the transfer of port money to city coffers for
Maritime
MARAD PURCHASES ALMOST EXHAUST AVAILABLE FUNDS AGENCY STILL SEEKS ADDITIONAL SHIPS
Tim Shorrock |
The Maritime Administration's latest purchases of used roll-on, roll-off vessels for the U.S. ready
Maritime
MOODY'S MAY CUT BA BOND RATING
Knight-Ridder Financial |
Moody's Investors Service said Tuesday it may cut the "A-2" senior unsecured bonds of British Airway
TRADE GROWTH HELPING PORT ROYAL TO DIVERSIFY
Craig Dunlap |
The growth of U.S. trade with Latin America and the Caribbean is helping tiny Port Royal, S.C., dive
Maritime
RUSSIANS WORK SCAMS TO KEEP DOLLARS FROM GOVERNMENT
Peter M. Tirschwell |
The seamier side of capitalism is flourishing even faster than the beneficent in post-communist Russ
LA CITY COUNCIL DEFEATS PROPOSAL TO PROBE CHOICE OF LAX CHIEF
Journal of Commerce Staff |
The Los Angeles City Council has rejected calls for an investigation into the selection of the city'
TAIWAN'S CHINA AIR LINES BECOMES PUBLIC COMPANY WITH SHARE OFFER
(Reuter) |
China Air Lines became the island's first international airline to go public when it launched a publ
JOURNAL OF COMMERCE - FAST FACTS DIESEL FUEL PRICES
JOC Staff |
No text.
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 16, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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
BRAZIL DELAYS PRIVATIZATION TO CHANGE AUCTION RULES
Knight-Ridder Financial |
Brazil's acting President Itamar Franco Wednesday signed a decree delaying further auctions in the n
BUNDESBANK EXPECTED TO LOWER RATES IN '93
Knight-Ridder Financial |
The conditions required for further easing of German rates have improved and make it probable that t
WISCONSIN CENTRAL PLANS STOCK SALE TO FUND ITEL DEAL
John Boyd |
Wisconsin Central Transportation Corp. and some of its major shareholders are offering 3.4 million s
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRANSPORT CALENDAR
JOC Staff |
Transportation Research Forum. New York chapter, Jan. 7. Speaker is Steven Ashman of Encompass, the
$100 MILLION OFFERING SET BY AIRBORNE
JOC Staff |
Airborne Freight Corp. announced the offering of $100 million of 10-year notes priced Wednesday at 9
TEAMSTERS SHOOT FOR OVERNITE, BUT TRUCK LINE IS SKEPTICAL
Dane Hamilton |
Teamster Union President Ron Carey's threatened major offensive against less- than-truckload carrier
TRANSPORT INTERESTS UNITE TO GET MORE FROM BILL
Stephanie Nall |
A year after President Bush signed a $155 billion surface transportation projects bill, exclaiming t
SANTA FE COMPLETES SALE OF LINES TO TRANSIT AGENCIES IN CALIF.
Journal of Commerce Staff |
Santa Fe Railway said it completed the sale of certain rail lines and other properties in Southern C
MERCURY AIR INKS LEASE AGREEMENT
JOC Staff |
Mercury Air Group has signed a lease agreement with United Parcel Service at Burbank Airport in Cali
PRIVATE MONEY NOW TOPS AID FLOWING INTO THIRD WORLD FIRST TIME SINCE 1983, BANK SAYS
Richard Lawrence |
For the first time since 1983, more foreign private capital than foreign aid is flowing into the Thi
TRANSPORT BRIEFS
From Wire and Staff Reports |
STATESWEST AIRLINES FILES UNDER CHAPTER 11StatesWest Airlines Inc. announced it has filed fo
WORLD BANK OKS 2 LOANS FOR MEXICO
Journal of Commerce Staff |
The World Bank approved two loans to Mexico: $220 million to reduce air pollution in Mexico City and
UP CLOSES DEAL WITH MISSOURI RAILROAD
Journal of Commerce Staff |
The Union Pacific Railroad said it has completed transferring several branch lines totaling 522 mile
B.F. GOODRICH TO CUT 380 JOBS AT 14 SITES
JOC Staff |
B.F. Goodrich Co. said Wednesday it will cut about 380 jobs early next year - some of them by normal
NS EXPANDS ROAD RAILER FLEET BY 25 PERCENT WITH $20 MILLION ORDER FROM WABASH
Gregory S. Johnson |
Eyeing new business for Triple Crown Service from a partnership with Consolidated Rail Corp., Norfol
AEROSPACE SALES DROP PROFITS GROW SLIGHTLY
Mark B. Solomon |
The U.S. aerospace industry, buffeted by defense cutbacks and the continued problems of U.S. airline
US DOLLAR'S SLIDE CONTINUES INTO 4TH DAY
Knight-Ridder Financial |
The U.S. dollar's slide continued into a fourth day Wednesday although there was still no noticeable
THE ECONOMY
From Wire and Staff Reports |
OPERATING LEVELS RISE FOR US INDUSTRIESThe Federal Reserve Wednesday reported U.S. industrie
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