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US PLAYS CATCH-UP ON COMPUTERS
Mark W. Lyon |
The U.S. air cargo industry wants an electronic message switching system to match the capabilities n
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in warehouse min. 99.
SENATE CONFIRMS ANDREW CARD AS SECRETARY OF TRANSPORTATION
Journal of Commerce Staff |
By voice vote, the Senate Friday confirmed Andrew H. Card as secretary of transportation. Mr
PHILIPPINES, KEY BANKS REACH DEBT AGREEMENT
(Reuter) |
The Philippines reached a $5 billion debt accord with its key foreign bank creditors Thursday, setti
CASH CRUDE MARKET SLUMP TIED TO REDUCED PHIBRO TRADING
Michael J. Strauss |
Participants in the cash market for U.S. crude oil said reduced cash crude trading activity by Phibr
EXPERTS EXPECT LIMITED CLAIMS FROM MARCH 6 COMPUTER VIRUS
Brigitte Maxey |
Large corporations and financial institutions may face severe losses if the so-called Michelangelo c
IMPORTERS, RETAILERS CASHING IN ON RISING INTEREST IN AFRICAN CULTURE
Toni Y. Joseph |
The shelves in John Bolling III's showrooms are empty. Buyers - including those from J.C. Penney - r
Maritime
ABU DHABI BACKS PLAN TO PAY BCCI CREDITORS
JOC Staff |
Abu Dhabi, the main stockholder of the scandal-hit Bank of Credit and Commerce International, has in
BANKRUPTCY COURT LOSES ITS COPIER TO BANKRUPTCY
JOC Staff |
The flood of bankruptcies brought on by the recession has claimed another, and in this case unlikely
WICHITA IS AN AVIATION HEAVEN
Annie Best |
When the Wright Brothers flew the world's first powered airplane, they flew at Kitty Hawk, N.C., a l
THERE ARE BANKRUPTCIES, AND THERE ARE FAILURES
Lawrence Kaufman |
Trans World Airlines filed for protection from creditors under Chapter 11 of the bankruptcy code las
MASS., NY TO STUDY HIGH-SPEED RAIL LINK
Journal of Commerce Staff |
A study for a high-speed rail link between Boston and Albany announced last week is aimed at cutting
COMMODITY BRIEFS
Wire and Staff Reports |
FARM TRADE SURPLUS FALLS 12.8 PERCENT IN FRANCEPARIS - France's farm trade surplus t
NORFOLK SOUTHERN TO INCREASE RATES ON KEY COMMODITIES
Gregory S. Johnson |
Norfolk Southern Corp., saying it needs to recoup costs of maintaining rights- of-way, is raising ra
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
ALLIANCE SUCCEEDS AS INDUSTRIAL PARK
Lawrence H Kaufman |
Alliance Airport is a success story frequently cited as a prototypical air cargo-industrialcomplex b
COST OF CREDIT
JOC Staff |
Thu., Feb. 20, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
JAPAN INVESTORS PURCHASE LESS US REAL ESTATE, COMPANY SAYS
Journal of Commerce Staff |
New Japanese investment in U.S. real estate last year plunged to $5 billionfrom $13 billion
SEA CONTAINERS DROPS SEATTLE-CANADA FERRY PLAN
Journal of Commerce Staff |
A British company that had announced plans to run auto ferries from Seattle to Victoria, British Col
Maritime
ELECTRONICS MAKERS FIND SALES BOOM IN OVERSEAS MARKETS
Allen R. Wastler |
U.S. makers of electronic components and semiconductors are getting more and more of their business
Maritime
DISABILITIES ACT COULD PROVE DOUBLY COSTLY FOR INSURERS
Brigitte Maxey |
Insurers and their insureds could be put in a double bind with enactment of a new anti-discriminatio
NAVISTAR NARROWS QUARTERLY LOSS
Journal of Commerce Staff |
Navistar International Corp. narrowed a first fiscal quarter loss to $32 million on revenue of $902
PROPOSAL WOULD CREATE AMTRAK TRUST FUND
Geoffrey H. Brown |
A key House subcommittee chairman is working on a bill to grab 1 cent for Amtrak of the 2.5-cent-a-g
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 20, 1992Brent Crude Oil - (Dollars Per Barrel)
MAJOR US OIL RESERVES MAY EXIST IN LOWER 48
Knight-Ridder Financial |
Enormous reserves of undiscovered crude oil, possibly in the "trillions of barrels," may exist in pr
ENERGY BRIEFS
From Wire and Staff Reports |
APPEALS COURT REJECTS CAR MILEAGE STANDARDSWASHINGTON - The U.S. Court of Appeals or
SENATE PASSES BILL AIMED AT REFORMING US ENERGY POLICY
(Reuter) |
The Senate late Wednesday approved legislation designed to reshape the nation's energy policy by ove
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 20, 1992 Prices in the spot chemicals table include spot quotations or list price
SHIP SALE REPORT
JOC Staff |
Ship Sale Report appears on alternate Fridays. The information, compiled by Shipping Intelligence In
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
ILA CLAIMS JURISDICTION OVER PA. RAILYARD UNION READY TO GO TO COURT
Tim Shorrock |
In the latest twist in the growing inter-union battle to represent workers at intermodal facilities,
MARITIME CALENDAR
JOC Staff |
Refrigerated Transpo '92. Feb. 24-26. Miami Beach. International conference and exhibit on refrigera
Maritime
CARNIVAL CRUISE FINALIZES DEAL TO BUY STAKE IN SEABOURN
Knight-Ridder Financial |
Carnival Cruise Lines Inc. has signed a definitive agreement to acquire up to a 50 percent interest
Maritime
BOEING AIMS TO REDUCE WORK FORCE BY 8,200
(Reuter) |
Boeing Co. says it expects to trim its work force this year by about 8,200 people, or more than 5 pe
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
HONG KONG EXPORTS TO US CONTINUED TO DECLINE IN '91
P.T. Bangsberg |
Hong Kong's exports to the United States continued to decline last year, while its re-exports, those
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 20, 1992 Prevailing sellers' posted prices at the close of business, represent
EC TO SEND DEAL WITH EFTA BACK TO THE EUROPEAN COURT
Bruce Barnard |
An agreement to create the world's biggest single market ran into another hitch this week. T
Maritime
US CIGARETTE EXPORTS RISE ABOVE COMPETITORS
(Reuter) |
With consumption tapering off at home, U.S. tobacco companies have looked abroad and dramatically in
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1260 (Feb. 20, 1992) Previous day - 1266 The Baltic International Freight Futures Market in
Maritime
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