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TRADE BRIEFS
From Wire and Staff Reports |
RUSSIAN OIL PRODUCTION MOVES SHARPLY LOWERMOSCOW - Russian oil production has droppe
GAS UTILITY GROWTH LINKED TO NEW RULES
Journal of Commerce Staff |
Natural gas utilities are facing their first major chance in more than a decade to grow, thanks to a
EC MINISTERS MAKE DEAL ON FINANCIAL SERVICES
Knight-Ridder Financial |
European Community finance ministers agreed Monday to allow EC financial services to operate communi
3 MIDWEST NATURAL GAS DISTRIBUTORS AGREE TO TRADE SERVICE TERRITORIES
Bill Beck |
Three Midwestern natural gas distributors have agreed to trade service territories, move that will a
WESTINGHOUSE ANNOUNCES PLAN TO RESTRUCTURE ORGANIZATION
(Reuter) |
Westinghouse Electric Corp. Monday announced a major restructuring that will take it out of its mone
DAILY PETROLEUM PRICES
JOC Staff |
Monday Nov. 23, 1992 Prevailing sellers' posted prices at the close of business, representin
COST OF CREDIT
JOC Staff |
Monday, Nov. 23, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MOELLEMANN: EASTERN GERMANY TO RECEIVE MORE ECONOMIC AID
Knight-Ridder Financial |
Economics Minister Juergen Moellemann said Monday that the federal government would add at least 10
IRELAND RAISES INTEREST RATES TO SHORE UP CURRENCY
(Reuter) |
Ireland, caught up in Europe's currency turmoil, dramatically hiked money market interest rates Mond
CHINESE OFFICIAL SEES REFORM FOR CURRENCY
Knight-Ridder Financial |
A Chinese official has criticized the country's dual exchange rate system as hindering economic refo
FREIGHT RATES SEEN REBOUNDING IN THE NEXT 12 TO 18 MONTHS
P.T. Bangsberg |
Poor freight rates are likely to persist for a time, but "the ingredients for a turnaround within th
Maritime
SE ASIA EXPECTS EXPORTS TO SUFFER AFTER NAFTA
(Reuter) |
The prospect of a North American free-trade agreement linking the United States with the economies o
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
PRODUCER PRICES FELL IN OCTOBER IN WESTERN GERMANY
Knight-Ridder Financial |
Producer prices in western Germany were down 0.2 percent in October from September, but up 0.5 perce
DOLLAR SLIPS AS TRADERS TAKE PROFITS BEFORE HOLIDAY
Knight-Ridder Financial |
Expectations that the U.S. dollar would rally in the wake of European currency turbulence proved unf
IMO CONFEREES TO VOTE ON OIL SPILL LIABILITY
Journal of Commerce Staff |
Victims of oil spills from tankers should soon be entitled to more compensation if two international
Maritime
MASS. PORT AUTHORITY TO RAISE CRANES IN BOSTON
Journal of Commerce Staff |
The Massachusetts Port Authority will increase the height of two container cranes at its Conley Term
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MARITIME COLLEGE CANCELS LUNCHEONThe State University of New York Maritime College's alumni
Maritime
PLAYBOY SEDUCES CHINESE CONSUMERS WITH FASHION
(Reuter) |
They've had to skip the push-up bras and centerfolds, but outlets of sex- marketing giant Playboy En
JAPAN'S USED-CAR MARKET BOOMS AS ECONOMIC SLUMP HITS AUTOMAKERS
(Reuter) |
The slowdown in Japan's economy means rare losses for the country's giant automakers - but a boom fo
EC COMMISSION BRACES FOR FIGHT OVER SHIPYARD
Journal of Commerce Staff |
The European Community Commission and France are on collision course over a mothballed shipyard.
Maritime
MEXICO PURSUES FOREIGN INVESTMENT IN TOURISM
Kevin G. Hall |
Mexican tourism officials are seeking foreign investment from developers interested in everything fr
YOUNG JAPANESE SHED WORKAHOLIC STEREOTYPE
(Reuter) |
Young Japanese are far less hooked on work than their elders and much less inclined to stay loyal to
OECD WARNS US AGAINST ECONOMIC STIMULUS PACKAGE
Journal of Commerce Staff |
The Organization for Economic Cooperation and Development Monday warned the incoming Clinton adminis
TRANSPORT BRIEFS
From Wire and Staff Reports |
GPA REPORTEDLY EXPECTS TO RAISE FRESH EQUITYGPA Group PLC will tell creditors it expects to
A CLINTON PUSH FOR LATIN DEMOCRACY WORRIES SOME
(Reuter) |
If President-elect Bill Clinton puts too much emphasis on defending democracy in Latin America, the
Maritime
CANADA OFFERS NEW PLAN TO US IN AIR CARGO TALKS
Journal of Commerce Staff |
Canada has offered the United States a new proposal to deregulate the trans- border all-cargo market
EC DEAL NEEDS FINE-TUNING, US FIRMS SAY
Journal of Commerce Staff |
The Bush administration must negotiate major improvements to a draft world trade pact if the agreeme
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended Nov. 14, 1992, vs. Similar 1991 Period Cars CarsLoaded Loaded
SEA-LAND MAY ADD 15 TANKERS TO FLEET
Journal of Commerce Staff |
Sea-Land Service Inc. is planning to add up to 15 liquefied natural gas tankers to its fleet of 87 c
PA. CLEARANCE BILL PITS TEAMSTERS AGAINST RAILS
Journal of Commerce Staff |
Both trucking and rail interests are focusing on Harrisburg, Pa., this week as Pennsylvania legislat
YELLOW FREIGHT MAKES OFFER FOR PRESTON AND SUBSIDIARIES
Journal of Commerce Staff |
Thwarted in attempts to break into the fast-growing regional transportation market, Yellow Freight S
CHINA ATTACKS HONG KONG'S AIRPORT PROJECT
(Reuter) |
China has criticized Hong Kong for pushing ahead with a major contract for its controversial new air
BA TO EXPAND COURIER AS SINGLE MARKET LOOMS
Special to The Journal of Commerce |
British Airways plans to strengthen its Europe Speedbird Courier operations as the European Communit
BRAZIL EYES PRIVATE FUNDING FOR AGRICULTURAL PROJECTS
Tom Murphy |
This year very likely will be remembered as the time Brazil set in motion mechanisms for a major shi
AFRICAN COFFEE PRODUCERS SAID TO AGREE ON STANCE FOR TALKS
Knight-Ridder Financial |
African coffee producers, a rising force in the international coffee market, agreed on a negotiating
NEW LEADER SEEKS RX FOR AN AILING TNT
Journal of Commerce Staff |
TNT Ltd., the giant Australia-based transportation conglomerate whose network of airline, aircraft l
COMMODITY BRIEFS
Wire and Staff Reports |
UNION URGES S. AFRICA TO AID GOLD MINESJOHANNESBURG, South Africa - South Africa's N
BALTIC FREIGHT INDEX
JOC Staff |
1276 (Nov. 23, 1992) Previous day - 1263 The Baltic International Freight Futures Market in
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
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