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TECHNICALITY BOOSTS HOPES OF SHIP'S US CREDITORS
Peter M. Tirschwell |
U.S. stevedores, bunker companies and other suppliers that stood to lose well over $1 million in unp
Maritime
TRAMP SHIPS PUSH CHARTER RATES TO NEW HIGHS IN SOUTHEAST ASIA MART
Allen S. Roberts |
Tramp containerships, failing to find work in Europe and other slumping markets, are defecting in dr
Maritime
RECOGNITION ELUDES PIONEER OF AVIATION'S HUB-AND-SPOKE SYSTEM
James Russell |
"When you die, whether you're going to heaven or hell, you'll have to change in Atlanta." So
COUNTY OFFICIAL HITS HIRING PRACTICES AT PORT OF MIAMI
Joseph Tanfani |
Joaquin Avino, Dade County manager, said Carmen Lunetta, Port of Miami director, must stop using emp
Maritime
FUTURE OF US AIR TRANSPORT SYSTEM HINGES ON CHICAGO MAYOR'S ANGER
John Boyd |
Chicago politics - dynamic and fiery, big-budget and often carrying huge implications for the rest o
MAJOR, DELORS SHOW SOLIDARITY AS BRITAIN TAKES EC PRESIDENCY
Journal of Commerce Staff |
Britain's Prime Minister John Major and European Community Commission President Jacques Delors agree
Maritime
JAPAN EASES RESISTANCE TO FORWARD RATE DEALS
Knight-Ridder Financial |
The Ministry of Finance is easing its previous resistance to the use of forward rate agreements (FRA
INSURANCE BRIEFS
From Wire and Staff Reports |
MOODY'S CUTS RATING ON AETNA DEBTMoody's Investors Service cut the ratings on $1 billion of
INFLATION RATE RISES IN VENEZUELA
Knight-Ridder Financial |
Venezuela's consumer price index rose 2.7 percent in June, compared with 2.5 percent in May and 1.9
JAPAN PLANS NEW INITIATIVES TO WIDEN ACCESS TO ITS MARKETS
Richard Lawrence |
Japan plans further initiatives soon toward bolstering U.S.-Japanese trade and economic ties, accord
COMMUNICATION BY SATELLITE TO STREAMLINE AVIATION
Janet Porter |
Satellite communications may revolutionize the aviation industry over the next few years in much the
Transport, Trade and Regulation News
TRANSPORTATION / TECHNOLOGY CALENDAR
JOC Staff |
MAG '92. July 29-31. National conference on magnetic bearings and magnetic drives. Radisson Plaza Ho
Transport, Trade and Regulation News
ASIAN FUTURES
JOC Staff |
July 2, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 208.27 off 0.99 which compare
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 2, 1992Bid AskedCopper_G
BELGIUM REPORTS 10.4 PERCENT JOBLESS RATE
Knight-Ridder Financial |
Belgian unemployment in June rose to 10.4 percent of the labor force, compared with 10.3 percent at
CORRECTION
JOC Staff |
The report headlined "Hanjin Launches Caribbean Service," on page 5B of the June 23 Journal of Comme
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 2, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INDONESIAN COAL EXPORTS BOOM IN POLLUTION-CONSCIOUS MARKET
Peter Tirschwell |
A combination of rich natural resources, foreign capital, and the efforts of the worldwide environme
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 2, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
EC APPROVES FRENCH AID PACKAGE FOR COMPUTER COMPANY GROUPE BULL
Bruce Barnard |
The European Community Commission approved the French government's $1.3 billion aid package for Grou
Maritime
CALIFORNIA LAWMAKERS ABANDON BID TO RAID PORT COFFERS
Allen R. Wastler |
State legislators in California last week gave up an effort to siphon fundsfrom ports to bal
CATHAY COUNTS ON HOME ADVANTAGE TO MAKE LA FREIGHTER SERVICE FLY
William Armbruster |
Analysts expect Cathay Pacific Airways to take advantage of the home field when it takes on its carg
ENERGY BILL STALLS IN CONGRESS ACTION MAY COME AFTER RECESS
Bill Mintz |
Senate lawmakers are expected to renew efforts later this month to complete a wide-ranging energy bi
ICC ALTERS RAILROAD CLASSIFICATION
Journal of Commerce Staff |
The ranks of the nation's Class I railroads will drop by one for at least the next year as a result
AFTER THREE FRUITLESS MONTHS, CONRAIL, CP END LINE SALE TALKS
Lawrence H Kaufman |
Consolidated Rail Corp. broke off talks with CP Rail System late last week and now says it will keep
INSURANCE DILEMMA BEFALLS TRUCKERS YOUNGER DRIVERS DENIED COVERAGE
Dane Hamilton |
Even though the number of fatal trucking accidents has declined dramatically in the past decade, ins
TRANSPORT BRIEFS
Wire and Staff Reports |
MARTINEZ TO HEAD NEW INTERMODAL OFFICERobert E. Martinez was named to head the Depar
DOLLAR POISED TO HIT '92 LOWS, TRADERS SAY
Gordon Platt |
Currency traders said the U.S. dollar likely will fall to new lows for the year this week, following
NY TRADE CENTER TO RUSSIANS: PAY IN CASH, NOT LOGS AND FUEL
Michael S. Lelyveld |
The World Trade Center in New York will not become a world countertrade center as the result of a de
RAILROAD EDI INTERFACE UNDER DEVELOPMENT
Gregory S. Johnson |
Transportation Data Xchange Inc., which is helping to develop the railroad industry's electronic dat
Transport, Trade and Regulation News
BIGGER DOESN'T ALWAYS MEAN BETTER, BEST SAYS IN STATE BUDGET SURVEY
From Wire Reports |
New York, California and New Jersey were among five state insurance deparments that reported the hig
AMES' COMPUTER PURCHASE FOCUS OF TRADE DEBATE
From Wire Reports |
An upcoming supercomputer purchase by the NASA Ames Research Center has helped trigger a lively deba
FLEET FINANCIAL MAKES POLLUTION COVER MANDATORY
From Wire and Staff Reports |
As more financial institutions seek to shield themselves from lending money to businesses with poten
PART-TIME DOCKERS CHARGE REVERSE DISCRIMINATION CIVIL COMPLAINT IS AGAINST ILWU
Kevin G. Hall |
Disgruntled part-time longshoremen at the twin ports Los Angeles and Long Beach are suing their unio
Maritime
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
YELLOW FREIGHT JOINS COMPETITION IN OFFERING 2-DAY TRUCKING SERVICE
Dane Hamilton |
Yellow Freight System, one of the nation's largest less-than-truckload carriers, announced it is imm
BALTIC FREIGHT INDEX
JOC Staff |
1062 (July 2, 1992) Previous day - 1079 The Baltic International Freight Futures Market in L
Maritime
CZECHOSLOVAK SPLIT IMPERILS MERCEDES TRUCK VENTURE
Miriam Widman |
The political turmoil provoked by the imminent split of Czechoslovakia into Czech and Slovak republi
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US AWARDS MOLDOVA MFN TRADE STATUSKISHINEV, Moldova - The United States Thursday signed an a
Maritime
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