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TRANSPORT BRIEFS
Wire and Staff Reports |
NY-NJ PORT AGENCY SELLS TRUCK HUB TO UPSNEW YORK - The Port Authority of New York &
BOLIVIANS FIND PATHS AROUND THE MOUNTAINS
Tad Thompson |
Mapmakers were not kind to Bolivian traders. But wheels are slowly turning to help ship Bolivia's li
PUBLISHER'S NOTEBOOK
Don C. Becker |
Canada is like an attic on the American house: largely ignored until strange noises start being hear
WILL CEASE-FIRE ACCORDS ATTRACT MORE TRAFFIC TO SOUTHERN AFRICA?
John Kelley |
Recent cease-fire agreements between southern Africa governments and the guerrilla movements that ha
AFRICANS REACH OUT FOR US MARKETS
Peter M. Tirschwell |
A growing number of African countries, increasingly focusing their development efforts on projects w
SINGAPORE EXCHANGE HEAD IS SKEPTICAL OF GLOBEX
Knight-Ridder Financial |
The Singapore International Monetary Exchange is not yet convinced that participation in the Globex
COST OF CREDIT
JOC Staff |
Tuesday, June 16, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US PAYMENTS DEFICIT FALLS BY NEARLY $2 BILLION
Richard Lawrence |
The U.S. international payments deficit totaled $5.3 billion in the January- March quarter, or nearl
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 16, 1992Bid AskedCopper_
US PORK EXPORT PLAN SEEKS TO LIFT DEMAND ABROAD
Howard Simon |
U.S. meat interests expect export growth to reach $1.7 billion worth of pork and pork variety meats
TRADE BRIEFS
From Wire and Staff Reports |
MAJOR DENIES DECISION BY UK TO BACK DELORSThe United Kingdom government has still not decide
Maritime
FOLLOWING FIVE YEARS OF HEALING, MALPRACTICE INSURANCE CRISIS LOOMS
David Satterfield |
The year was 1987, and a crisis was at hand. Angry doctors staged emergency room walkouts. Obstetric
MEXICAN CONGRESS TO GET SALINAS BILL AIMED AT SPLITTING PEMEX INTO 4 UNITS
(Reuter) |
Mexican President Carlos Salinas de Gortari will send a bill to Congress splitting the state oil mon
ASIAN FUTURES
JOC Staff |
June 16, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
SENATE PANEL APPROVES FEES TO ACCESS FREIGHT-RATE DATA
WILLIAM DiBENEDETTO |
A bill that repeals controversial Coast Guard fees on recreational boaters and replaces them with fe
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/16 6/15 Change % Change: 5/21
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
PLANNED EUROPE-ASIA CAPACITY PACT MAY TOLL DEATH KNELL FOR CONFERENCES
Mark Magnier |
The formation of a capacity-reduction agreement in the trade between Europe and the Far East would p
Maritime
CANADIAN MINISTER DEFENDS PROPOSED NORTH AMERICAN FREE-TRADE ACCORD
Journal of Commerce Staff |
A North American free-trade area will provide new opportunities for Canadian companies, said Canada'
Maritime
GREECE SEEKS TO PRIVATIZE REFINERIES
Knight-Ridder Financial |
Greece wants to sell stakes in two state-owned refineries in its effort to privatize its oil industr
EC POISED TO RELAX DOMESTIC SHIP RULES
Bruce Barnard |
The European Community is poised to deregulate coastal shipping next week in a move that is expected
MICHIGAN MOVES TO DEREGULATE TRUCK INDUSTRY
Mark B. Solomon |
The Michigan Public Service Commission, in an effort to break the powerful hold of regulated trucker
FINALLY AT PEACE, EL SALVADOR LOOKS TO LURE FOREIGN INVESTORS
Larry Luxner |
Machine-gun-toting soldiers and private security guards are a common sight throughout San Salvador -
BANANA SECTOR FEARS EC SLIP ON TRADE
Tad Thompson |
The global banana industry is holding its breath over the grand test of how far the European Communi
INSURANCE BRIEFS
From Wire and Staff Reports |
TRANSAMERICA MAKES REINSURANCE A DIVISIONLOS ANGELES - Transamerica Life Cos., which
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
CLOTURE DEFEAT KILLS SENATE STRIKE BILL
Journal of Commerce Staff |
For the second time in less than a week, the U.S. Senate has failed to cut off debate on a bill desi
BUSH AND YELTSIN TO SIGN TREATIES RUSSIA MFN STATUS TO TAKE EFFECT
Richard Lawrence |
President Bush and Russian President Boris Yeltsin are to sign today a U.S.-Russian investment treat
FINANCING TRADE - GORDON PLATT
Gordon Platt |
IRS' Proposed Rules Would Cut DeductionsFor Most Foreign BanksThe Internal Revenue S
ROYAL INSURANCE USA CUTS NC WORK FORCE
Joseph Menn |
Reacting to a long decline in premiums, Royal Insurance USA on Monday eliminated the jobs of 57 empl
SENATE COMMITTEE OKS TRUCK RATE UNDERCHARGE BILL PROPOSAL SEEN AS COMPROMISE
Geoffrey H. Brown |
A Senate panel Tuesday overwhelmingly approved a bill aimed at resolving the truck rate undercharge
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 16, 1992 Prices in the spot chemicals table include spot quotations or list price
HERCULES CHEERS SUCCESSFUL TEST OF NEW SOLID ROCKET MOTOR
Ira Breskin |
Hercules Inc. will continue to get its internal house in order, chairman Thomas L. Gossage said here
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday June 16, 1992 Prevailing sellers' posted prices at the close of business, representi
MEXICO, PHONE UNION DENY RUMORS OF BIG STOCK SELL-OFF
Knight-Ridder Financial |
Following the drop in the stock price of Telefonos de Mexico on both the Mexico and New York stock e
Maritime
US APPROVES DUTY-FREE STATUS FOR $500 MILLION IN IMPORTS
Journal of Commerce Staff |
The United States eliminated tariffs on about $500 million in imports from developing countries, inc
INSURERS FEAR ROLE REGULATING TRUCKING INDUSTRY OPPOSES MOVE TO REPLACE "BINGO' CARDS
Brigitte Maxey |
The nation's insurance industry may soon be cast in the unfamiliar role of regulator, under a move b
SWEDEN DELAYS DECISION ON FOREIGN CREW WAGES
Janet Porter |
The Swedish government appears to be having second thoughts about granting controversial concessions
Maritime
THAI LINES WANT PREMIER TO CLARIFY PORT STATUS
Mark Magnier |
Many ocean carriers in Thailand wish the country's interim prime minister would look into the relati
Maritime
ABANDONED VESSELS CLUTTER WATERWAYS IN US, GAO SAYS
WILLIAM DiBENEDETTO |
Abandoned barges, ships and other vessels are cluttering the nation's waterways and pose a serious e
Maritime
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