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APPEALS COURT LETS ICC USE UNDERCHARGE RULES
Journal of Commerce Staff |
The Interstate Commerce Commission has won another round in its battle to be the forum that will dec
BALTIC FREIGHT INDEX
JOC Staff |
1034 (Oct. 7, 1992) Previous day - 1033 The Baltic International Freight Futures Market in L
Maritime
SENATOR SLAMS AID PACKAGE THAT EXCLUDED US COMPANIES
John Maggs |
The U.S. Agency for International Development spent $55 million setting up a tractor and truck deale
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 7, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
CLINTON WOULD CONSIDER OIL PRICE SUPPORTS
Knight-Ridder Financial |
The U.S. should consider all options for reducing its dependence on foreign oil, including keeping d
FIAT GROUP SETS SIGHTS ON DEVELOPING SOUTHERN EUROPE'S LARGEST BOXPORT
Peter K. Semler |
Having won the first battle over Genoa's dockworkers, Italy's Fiat group is determined to go ahead w
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
ALLSTATE GROUP PUT UNDER REVIEW BY BESTOLDWICK, N.J. - A.M. Best Wednesday placed Allstate I
SMALL TRUCKERS PROFIT DESPITE POOR ECONOMY
Gregory S. Johnson |
Some small to medium-sized truckers report they have more freight than they know what to do with, ev
CGM TO RECEIVE $140 MILLION FROM FRENCH GOVERNMENT SALE OF ASSETS, SPINOFFS PLANNED
Barbara Casassus |
The French government will pump 700 million francs ($140 million) into Compagnie Generale Maritime t
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, Oct. 7, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
STOLT'S NET INCOME DECLINED TO $1.9 MILLION IN 3RD QUARTER
Journal of Commerce Staff |
Stolt Tankers & Terminals (Holdings) SA's financial results for the third quarter again showed the e
Maritime
DANISH UNEMPLOYMENT INCREASED IN AUGUST
Knight-Ridder Financial |
The number of unemployed persons in Denmark rose by 2,700 in August to 316,400, or 11.3 percent of t
NORTH AMERICAN LEADERS INITIAL TRADE AGREEMENT
(Reuter) |
President Bush, Mexican President Carlos Salinas and Canadian Prime Minister Brian Mulroney gathered
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 7, 1992 Copper Total, 53,190. Gold Total, .1,812,116.Silver Tota
CON-WAY SOUTHWEST GETS GREEN LIGHT TO JOIN 2 TEXAS OPERATING AUTHORITIES
Dane Hamilton |
The Texas Railroad Commission this week granted Con-Way Southwest Express approval to join two separ
RUSSIA HOPES RESTRUCTURING RESTORES SOME ORDER TO BATTERED OIL INDUSTRY
(Reuter) |
Russia's government has decided to try to restore order to its chaotic oil industry by creating new
SENATE APPROVAL EXPECTED ON OPEC, EX-IM BANK BILLS
Journal of Commerce Staff |
The U.S. Senate is expected to approve and send to the White Housetoday or Fridaylegislation to rene
Maritime
PEOPLE - COMMODITIES
From Wire and Staff Reports |
CONAGRA INC. (Omaha, Neb.) - Michael J. Rozzano was named executive vice president of the diversifie
INDONESIA EXPECTED TO RETURN SOON TO COFFEE MARKET
Blair Pethel |
Indonesia, the world's largest robusta coffee producer, is expected to resume soon its long-delayed
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Oct. 7, 1992Prev. Life of Contr. OpenOpen High Low
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Oct. 6, 1992CRUDE OIL(1,000 barrels; dollars and cents
TRADE BRIEFS
Wire and Staff Reports |
SOUTH KOREA APPOINTS ACADEMIC AS LEADERSEOUL, South Korea - South Korean President Roh Tae-w
Maritime
AETNA, INDONESIAN FIRM FORM JOINT VENTURE
P.T. Bangsberg |
Aetna Life & Casualty is forming a joint venture in Indonesia, its fifth Asian market, to develop ne
MITSUI TO SERVE US EAST COAST AFTER NIPPON PACT DISSOLVES
Craig Dunlap |
A top Mitsui O.S.K. Lines (America) Inc. executive pledged that the Japanese ship line would continu
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
RETIRED NORFOLK SOUTHERN CHIEF REFLECTS ON A 40-YEAR CAREER
Lawrence H Kaufman |
For the first time in more than four decades, Arnold B. McKinnon isn't reporting for work at Norfolk
AS OF JAN. 1, ILLINOIS BAN COULD MAKE TRUCKERS' USE OF "FUZZBUSTERS' COSTLY
John Boyd |
As of New Year's Day, 1993, truckers on some of the nation's most heavily traveled highways will be
GRAIN IMPORTS BY ZIMBABWE SURPASS 1 MILLION METRIC TONS
Knight-Ridder Financial |
Zimbabwe has received more than 1 million metric tons of grain as part of its drought-relief program
GROUP OF COFFEE PRODUCERS IN BRAZIL GETS BOOST FROM US GOURMET MARKET
Elizabeth Herrington |
Against a background of low world coffee prices, a small group of Brazilian quality-coffee producers
FREIGHT RATE FUTURES
JOC Staff |
Oct. 7, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
AUSTRALIA COOL TO US IDEA TO EXTEND NAFTA TO PACIFIC RIM
(Reuter) |
A U.S. official said Wednesday that the proposed North American free-trade agreement between the Uni
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 7, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Oct. 7, 1992Residual Fuel Oil - (Dollars Per Metri
NEDERLANDEN GROUP MOVES CLOSER TO BUYING BELGIUM'S 2ND-LARGEST BANK
Bruce Barnard |
Internationale Nederlanden Group, the Netherlands banking and insurance company, Tuesday moved close
PHONY AUTO ACCIDENT SCHEME PARKS PHILADELPHIA PAIR IN PRISON
Gary Cohn |
In late 1987, Edmond Daniels and Billy Barriner became partners in an unusual business. They
TANKER RATES BOOST SUEZ ALLURE OWNERS OPT FOR SPEED
Janet Porter |
Tanker owners are dusting off their crystal balls as they ponder whether to send their vessels back
DOLLAR ADVANCES AS FED OPTS NOT TO LOWER INTEREST RATES
Knight-Ridder Financial |
The U.S. dollar advanced against key foreign currencies Wednesday as the Federal Reserve apparently
AUSTRALASIAN LINES ADAPTING TO MEXICAN STANDARDS
Kevin G. Hall |
Nearly two months after Mexico closed all land borders to meat imports comingfrom outside No
ASIAN FUTURES
JOC Staff |
Oct. 7, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management, annual meeting, Oct. 11-15. Marriott City Hotel and Convention Cent
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