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UPS POSTS JUMP IN PROFIT, REVENUE
Journal of Commerce Staff |
United Parcel Service on Friday reported sharply higher first-quarter net income and revenues from t
TRADE BRIEFS
From Wire and Staff Reports |
MULRONEY: TRADE PACT WOULD AFFECT CARIBBEANPORT OF SPAIN, Trinidad and Tobago - Caribbean na
Maritime
JAPANESE EXPECTED TO CONTINUE TO FAVOR SOYBEANS FROM US
Jennifer Allen |
Japanese soybean buyers this week again are expected to favor the U.S. product and its lower freight
CREE INDIANS TO APPEAL POWER EXPORT LICENSE
(Reuter) |
The Cree Indians of northern Quebec won another battle in their fight against hydroelectric dams by
SOUTH AFRICA UNVEILS PLAN TO AID DROUGHT-STRICKEN AGRICULTURE SECTOR
Simon Clow |
The South African government unveiled a rescue package costing 3.8 billion rand ($1.33 billion) to h
ICC REPORT TRACKS DECLINE IN RAIL RATES
Journal of Commerce Staff |
Rail rates declined substantially during the 1980s, and recent evidence suggests the decline is cont
COMMODITY BRIEFS
From Wire and Staff Reports |
AUSTRALIAN ZINC VENTURE SEEKS ENVIRONMENTAL OKTOKYO - An environmental impact study
GASOLINE PRICES
JOC Staff |
June 12, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 12, 1992Brent Crude Oil - (Dollars Per Barrel)
EC FARM MINISTERS STILL HAGGLING AS THEY PREPARE TO OK REFORM CAP SIGNING COULD BE DELAYED
Bruce Barnard |
European Community farm ministers gather in Luxembourg today to put their signature to a radical ref
US INDICTS LAWYER, PARTNER ON CHARGES OF RUNNING FRAUDULENT TRUCK OPERATION
Dane Hamilton |
Hundreds of trucking companies were defrauded out of more than $1 million in trucking fees over a th
CHINA NOT EXPECTED TO DEVALUE YUAN IN '92
Nicko Goncharoff |
China is unlikely to make any major devaluations in the yuan this year, despite a widening gap betwe
MASS. COMMUTER PROJECT UNLIKELY TO HURT CONRAIL, OFFICIAL SAYS
Journal of Commerce Special |
Re-establishment of commuter rail operations south of Boston by the mid-1990s should not disrupt fre
COURT RULES AGAINST BN IN MONT. SUIT
Knight-Ridder Financial |
The Supreme Court ruled Friday against Burlington Northern Railroad Co. in the company's challenge o
ALLSTATE BACKS PROGRAM TO COMBAT AUTO THEFT
Margo D. Beller |
Allstate Insurance Co., Newark, N.J., through its Allstate Foundation, has provided $10,000 in seed
US INSURERS SEEK TO LIFT MEXICAN INVESTMENT LIMITS
Paul Dykewicz |
Several of the largest American insurance companies and a major industry trade group are urging U.S.
FAR NORTH SHIPMENTS HIT SLUMP IN RUSSIA
Journal of Commerce Special |
Russian merchant marine shipments for the first five months of this year reached only 83.5 percent o
Maritime
VEHICLE-PROXIMITY DETECTOR PITS TRUCKER'S INSTINCTS AGAINST RADAR
Tony Seideman |
A radar system that tells truckers and other drivers when they're getting too close to other vehicle
TRANSPORT BRIEFS
Wire and Staff Reports |
AMTRAK, FDA AGREE ON CLEANUP PROGRAMWASHINGTON - Amtrak reported Friday it is immedi
CARIBBEAN COUNTRIES DEBATE TARIFFS IN PREPARATION FOR TRINIDAD SUMMIT
Canute James |
Caribbean Community members are at odds over proposed changes to a controversial tariff regime for i
Maritime
DOMESTIC SHORTFALL MAY FORCE BRAZIL TO IMPORT SOYBEANS AGAIN THIS YEAR
Knight-Ridder Financial |
Farmers are selling their soybeans so fast that Brazil will probably need to import soybeans again t
COGENTRIX INKS ACCORD WITH SPANISH UTILITY
John Hechinger |
Cogentrix Inc. wants to light up the international scene. The Charlotte, N.C.-based power-pl
ASIAN FUTURES
JOC Staff |
June 12, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
NEGOTIATORS HOPE TO END FARM SPAT AT GATT TALKS
John Zarocostas |
Negotiators from most of the world's trading nations will seek to invigorate the moribund Uruguay Ro
US, MEXICO NEAR PACT ON LIFTING TUNA BAN DEAL LIKELY TO SPARK CRIES OF PROTEST FROM CALIF. FLEET
John Maggs |
The United States and Mexico are close to agreement on lifting a controversial embargo on Mexican tu
CARGO CHIEFS AT TWA, AIR CANADA WILL CALL IT QUITS NEXT MONTH
Mark B. Solomon |
Two of the air cargo industry's most respected and durable executives, Air Canada's Geoff Bridges an
DISCOURAGING ECONOMY HAMPERS DOLLAR REBOUND
Peter M. Tirschwell |
Disappointing U.S. economic reports and an increasing likelihood that the Federal Reserve will ease
SHIPOWNERS TO ASK IMO TO PRESS SINGAPORE ON PIRACY DIRECT APPEAL TO SUHARTO SOUGHT
P.T. Bangsberg |
Shipowners in Hong Kong will ask an international organization to appeal directly to Indonesian Pres
Maritime
CANADIAN BUSINESSMEN MOBILIZE IN FIGHT OVER COUNTRY'S ECONOMY
Leo Ryan |
For many high-profile businessmen in Canada, the 125th anniversary year of the Canadian federation h
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/12 6/11 Change % Change: 5/19
BALTIC FREIGHT INDEX
JOC Staff |
1172 (June 12, 1992) Previous day - 1178 The Baltic International Freight Futures Market in
Maritime
"EXOTIC' CURRENCIES LURE INVESTORS IN SINGAPORE
Knight-Ridder Financial |
Low local interest rates and a poor stock market are pushing Singapore's non- bank investors - corpo
DELORS' FUTURE CLOUDED BY DANISH VOTE
Keith M. Rockwell |
The turmoil created by the Danish rejection of the Maastricht Treaty on European Community political
JAPAN'S CHIP IMPORTS RISE ONLY SLIGHTLY
John Maggs |
The United States and Japan are headed for a showdown on semiconductor trade this fall despite an ea
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 11, 1992CRUDE OIL(1,000 barrels; dollars and cents
GERMAN OFFICIALS VISIT US IN BID TO LURE INVESTMENT
Paula L. Green |
Officials from Germany's 16 landers, or federal states, are banding together for a four-city tour of
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Asean Food Processing and Packaging. June 16, Chicago; June 18, San Francisco
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended June 6 total piggyback freight hauled on the nation's major railroads equaled 132
REEFERS' CLAIMS RECORD WORSE THAN BULK LINES'
Janet Porter |
Shipping companies that specialize in the transportation of fresh and frozen produce have a worse in
OAKLAND PORT HIRES 25 SUMMER INTERNS
JOC Staff |
The Oakland Port Commission hired 25 teen- agers to serve as summer interns. The aim of the
Maritime
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