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TRANS/TECH BRIEFS
From Wire and Staff Reports |
TIRE COMPANIES BATTLE OVER 'RUN-FLAT' TIRESAKRON, Ohio - A bitter competitive strugg
Transport, Trade and Regulation News
BALTIC FREIGHT INDEX
JOC Staff |
1059 (Aug. 7, 1992) Previous day - 1059 The Baltic International Freight Futures Market in L
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
GENERAL MOTORS SELECTS FIRST INDIAN SUPPLIER
N. Vasuki Rao |
An Indian company will for the first time be a significant supplier of automobile components to Gene
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CHINA FOREIGN TRADE HIT RECORD IN JULYChina's foreign trade (imports plus exports) hit a mon
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
CONTINENTAL BOOSTED NET INCOME IN QUARTERNEW YORK - Continental Corp. reported secon
DANISH INSURER HAFNIA TO CUT WORK FORCE BY 500
William Pitt |
Troubled Danish insurer Hafnia announced plans Friday to lay off a fifth of its domestic employees i
PEOPLE - INSURANCE
From Wire and Staff Reports |
CONTINENTAL CORP. (New York) - William A. Robbie was named vice president and chief accounting offic
NEW YORK PORT AUTHORITY TO DOUBLE SIZE OF INTERMODAL TRANSFER FACILITY
Alice Cantwell |
The Port Authority of New York & New Jersey plans to double the size of its intermodal transfer faci
Maritime
ASIAN FUTURES
JOC Staff |
Aug. 7, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
BOLIVIA MAY BUY SILOS IN ARGENTINA
Knight-Ridder Financial |
Bolivia is considering purchasing several state-owned grain silos in Argentina that it would use to
OMI CORP. REPORTS BIG DROP IN SECOND-QUARTER EARNINGS
Journal of Commerce Staff |
OMI Corp., a New York-based bulk shipping giant, had its earnings fall by more than half in the seco
Maritime
BN FINALLY GETS ALL-RAIL CONNECTION TO MEXICO MARKET SOUTH ORIENT PROVIDES LINK
Lawrence H Kaufman |
Burlington Northern Railroad said it has opened an all-rail route to Mexico through a connection wit
CUSTOMS FINDS 30 PERCENT ERROR RATE IN ALITALIA ENTRIES AT JFK
William Armbruster |
Alitalia still has "a ways to go" before it irons out the kinks in its procedures for clearing cargo
Transport, Trade and Regulation News
COST OF CREDIT
JOC Staff |
Friday, Aug. 7, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TECH EXCHANGE - TONY SEIDEMAN JURY STILL OUT ON AMR-CSX VENTURE TO EASE DATA FLOW
Tony Seideman |
Backed by two of the world's biggest transportation companies, Encompass revealed itself to the worl
Transport, Trade and Regulation News
TECHSTATS
JOC Staff |
No text
Transport, Trade and Regulation News
FINANCIAL WOES FORCE JAPAN BANKS TO CLOSE OVERSEAS BRANCHES, OFFICES
A.E. Cullison |
Financial problems affecting some of Japan's largest commercial banking institutions are forcing man
THE ECONOMY
JOC Staff |
US UNEMPLOYMENT RATE Percent by group July JuneWhite 6.7% 6.8%His
PROVISIONS FOR BAD DEBTS EXPECTED TO CONTINUE PLAGUING UK BANKS
Knight-Ridder Financial |
The United Kingdom's major banks, most of which announced disappointing interim results this week, w
TRADE BRIEFS
Wire and Staff Reports |
ALLIED-SIGNAL TO SUPPLY NISSAN SPARK PLUGSSOUTHFIELD, Mich. - Allied-Signal Automotive will
Maritime
HUTCHISON WHAMPOA POSTED 1ST HALF NET LOSS
Knight-Ridder Financial |
Hutchison Whampoa Ltd., a diversified shipping, telecommunications and trading company, posted an un
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 7, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
AMERICAN ENTREPRENEUR CRACKS S. KOREA MARKET
(Reuter) |
Jay Tunney was 50 when he quit his job, raised $40,000 and moved halfway across the world to challen
Maritime
CANADIAN FIRM WANTS US MILK IN POUCHES
Journal of Commerce Staff |
DuPont Canada of Mississauga, Ontario, is preparing a frontal assault on American milk drinkers.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 7, 1992 Prices in the spot chemicals table include spot quotations or list prices
HOUSE BILL GIVES TAX BREAK ONLY TO SOME P/C INSURERS BIGGEST, SMALLEST RECEIVE NOTHING
Paul Dykewicz |
A tax bill that passed the House last week is dividing the insurance industrybecause it give
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA GRINDERS TO CUT OUTPUT IN MALAYSIAKUALA LUMPUR, Malaysia - Slim profit margins have fo
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
JAPAN TUNGSTEN IMPORTS LIKELY TO REMAIN LOW
Knight-Ridder Financial |
Japan's tungsten imports are unlikely to rise despite increased exports from China and lower interna
BATTLE DELAYED OVER NOAA FUNDING FROM HARBOR MAINTENANCE FEES
Michael S. Lelyveld |
Fears of a House turf battle last week delayed a showdown over funding for the NationalOceanic and A
Maritime
POSTAL CHIEF TO RE-EVALUATE A-NET PACT FOR CARRYING EXPRESS, PRIORITY MAIL
From Wire and Staff Reports |
Postmaster General Marvin Runyon Friday said he will be reviewing the merits of the A-Net contract,
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
GROUP RAISES STINK ABOUT CHINA GARLIC
(Reuter) |
Officials of a trade group accused China of dumping garlic in the United States at below-market pric
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 7, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
US POISED TO EXPAND IRRADIATED FOOD LIST
Paula L. Green |
As the United States prepares to add poultry to an expanding list of foods that can be irradiated, t
Maritime
TVA RETURNS TO SPOT COAL BUYS TO FUEL SALES TO OTHER UTILITIES
Tim Sansbury |
The Tennessee Valley Authority's spot coal buying program, dormant for much of this year, is up and
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 7, 1992Brent Crude Oil - (Dollars Per Barrel)_
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 7, 1992Residual Fuel Oil - (Dollars Per Metri
AGENCY OKS POWER POOL IN MICHIGAN
Knight-Ridder Financial |
The Federal Energy Regulatory Commission last week approved the formation of Michigan's first munici
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