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MONETARY TURMOIL PUTS LLOYD'S ON A TIGHTROPE
Paul Dykewicz |
U.S. insurers may escape the turmoil in European currency markets, but the underwriting capabilities
US ENERGY BILL LIKELY TO BOOST INDEPENDENT POWER PROJECTS
Arthur Gottschalk |
Independent power projects, which have grown in number and size over the last decade, are likely to
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 17, 1992Brent Crude Oil - (Dollars Per Barrel)
OPPONENTS SEE IMPROVED CHANCES OF SHOOTING DOWN NAFTA
(Reuter) |
Opponents of the North American free-trade agreement see better chances of killing the deal than the
Maritime
OPEC FREEZES OUTPUT IN BID TO HIKE PRICES
(Reuter) |
Oil ministers from the Organization of Exporting Countries agreed Thursday to freeze their crude oil
UNION HITS NAVY AWARD OF CHARTER CONTRACT
Tim Shorrock |
The Navy's Military Sealift Command has undermined its bidding process by awarding a vessel charter
Maritime
THE CRUMBLING OF AN EC DREAM US TRADERS WEIGH OPTIONS IN CRISIS' WAKE
Peter M. Tirschwell |
Thousands of small or medium-size American importers and exporters that deal directly with European
SEAWAY'S EUROPEAN TRADE MISSION TO DIG FOR COAL OPPORTUNITIES
Journal of Commerce Staff |
A St. Lawrence Seaway trade mission to Europe kicks off Monday, with a special eye on potential mari
Maritime
TEAMSTERS OFFICIAL QUITS FOLLOWING CHARGES HE DIVERTED UNION FUNDS
Journal of Commerce Staff |
The head of a New York City Teamster local accused this week of diverting union funds for personal u
SEAWAY AGENCIES STRESS SAFETY IN SLATING HIGH-TECH SYSTEMS
Leo Ryan |
The St. Lawrence Seaway authorities in the United States are hitching onto the latest technological
Maritime
US FIRMS SWING TO CHAIN OF LOGISTICS HANDLERS
TOM McNIFF Jr. |
It may be a 1990s trend for U.S. companies to think about playing catchup with European competitors
RIVAL BIDDERS ATTACK POSTAL CONTRACT AWARD
Mark B. Solomon |
Rival bidders have criticized the U.S. Postal Service's decision to awardKitty Hawk Air Carg
EMERY LAUNCHES NEW MOSCOW SERVICE
William Armbruster |
Emery Worldwide said it has introduced a consolidation service that will reduce delays and improve s
HONG KONG PROPOSES TO UP EQUITY IN AIRPORT
P.T. Bangsberg |
In what could be the last political compromise to satisfy Chinese concerns, the British and Hong Kon
TRANSPORT BRIEFS
From Wire and Staff Reports |
JAPAN SCANDAL SMEARS ANOTHER CABINET MINISTERTOKYO - A Japanese newspaper implicated
DEBT CAP MAY CURB GARUDA EXPANSION
Knight-Ridder Financial |
Garuda Indonesia may have to trim its expansion plans after the government decided to limit offshore
ICC TO GIVE UP JURISDICTION OVER CONRAIL TRACK IN NY
Stephanie Nall |
The Interstate Commerce Commission agreed to give up its jurisdiction over 1.45 miles of Consolidate
TRADE DEFICIT WIDENS IN US AS IMPORTS SET A RECORD
Richard Lawrence |
A record $45.1 billion in imports swelled the U.S. merchandise trade deficit in July to $7.8 billion
DELTA SEEKS DOT HEARING ON BRITISH AIRWAYS, USAIR
William Armbruster |
Delta Air Lines asked the U.S. Department of Transportation Thursday to hold a public proceeding on
EVERGREEN INTERNATIONAL SEES POLAND AS A KEY IN EAST EUROPEAN STRATEGY
Michael S. Lelyveld |
Evergreen International Aviation Inc., the Pacific air cargo carrier based in McMinnville, Ore., is
LUFTHANSA FAVORED TO WIN BIDDING WAR FOR CONTINENTAL
William Armbruster |
Analysts looking at Lufthansa German Airlines' bid to take control of Continental Airlines said Thur
THE CRUMBLING OF AN EC DREAM EUROPE AWAITS OUTCOME OF FRENCH VOTE ON TREATY
Bruce Barnard |
The European Community is facing perhaps the most turbulent 72 hours in its 34-year history.
HOUSTON PORT MOVES AHEAD WITH PLAN TO BUY PROPERTY
Houston Chronicle |
The Port of Houston Authority Wednesday agreed to go ahead with an earnest money bid to purchase for
Maritime
JOURNAL OF COMMERCE - FAST FACTS JAPANESE FOREIGN DIRECT INVESTMENT IN N. AMERICA
JOC Staff |
No text
PEOPLE - MARITIME
From Wire and Staff Reports |
Michael T. Black, who has a 10-year association with the company, was named president, succeeding Wi
Maritime
EX-PENNWALT DIRECTOR JACK SHERMAN DIES
Journal of Commerce Staff |
Jack Sherman, a former director of international traffic and transportation for PennwaltCorp., died
Maritime
SENATE BILL EXTENDS US LAW TO FOREIGN SHIPS
WILLIAM DiBENEDETTO |
Legislation extending U.S. labor laws to foreign-flag ships, which has languished in the House for s
Maritime
LATIN INFLATION GIVES BOOST TO BAR-CODE SCANNER FIRM
Kenneth Wolf |
Inflation can run a retailer ragged in Brazil, where consumer prices rose 202 percent last year. Sto
TENSIONS IN EUROPE FAIL TO ROIL FINANCIAL MARKETS IN US
Gordon Platt & Richard Lawrence |
As the currency crisis continued to rage in Europe Thursday, U.S. financial markets were calm, and U
TRANSFORMATION BEGINS AT DELAWARE RIVER PORT GROUP
David Johnston |
Delaware River Port Authority commissioners took the first step Wednesday toward transforming their
Maritime
PHILA. INTERMODAL YARD LAUNCHES AD CAMPAIGN STRATEGY AIMS TO ATTRACT FREIGHT
Alice Cantwell |
The Delaware River Port Authority hopes a $234,000 marketing campaign will attract freight to an int
Maritime
WASH. MOVES TO BLOCK STORM-SPAWNED HIKES
Lorraine Iannello |
Washington Insurance Commissioner Richard Marquardt has joined regulators in Florida and Louisiana,
INSURANCE BRIEFS
From Wire and Staff Reports |
UNDERWRITERS RE SIGNS LOAN DEAL WITH BANKWOODLAND HILLS, Calif. - Underwriters Re Corp. has
PEOPLE - TRANSPORT
From Wire and Staff Reports |
David Brinker was named sales manager in Chicago. He was an account executive. ASSOCIATED AI
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
SOURCE: U.S. Commerce Department |
(In Millions of Dollars) July 1992 June 1992 July 1991Exports*
TRANSPORT BRIEFS
From Wire and Staff Reports |
UPS TO PUT CARGO BASE AT FRONT RANGE AIRPORTUnited Parcel Service said Wednesday that it sig
US SUPPLIERS SAID TO LOSE GROUND IN NIGERIA TELECOM
Milton G. Allimadi |
The U.S. share of Nigeria's growing telecommunications equipment market risks being eaten up by low-
Maritime
PUERTO RICO GUARANTEE FUND TO AID SMALL CARIBBEAN FIRMS
Charles W. Thurston |
A government loan-guarantee fund agreed upon this week should enable small businesses in the Caribbe
ICC, FMC SEEK PUBLIC COMMENT ON US-PUERTO RICO TRUCK REGULATIONS
Stephanie Nall |
The offshore expansion of intermodal transportation has left the Interstate Commerce Commission perp
COST OF CREDIT
JOC Staff |
Thursday, Sept. 17, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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