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DAILY PETROLEUM PRICES
JOC Staff |
Friday Dec. 20, 1991 Prevailing sellers' posted prices at the close of business, representin
HEAVY SOVIET WHEAT SHIPMENTS PUT RAILROADS BEHIND IN ORDERS
Knight-Ridder Financial |
U.S. plains states' railroads are falling behind in their car orders because of heavy shipments of S
NORFOLK SOUTHERN TO INCREASE ITS CAPITAL SPENDING IN 1992
Journal of Commerce Staff |
Norfolk Southern Corp. will increase railroad capital spending in 1992 by 10.5 percent. The Norfolk-
TRANSPORT BRIEFS
From Wire and Staff Reports |
SKYWEST IN DEAL TO BUY 8 MORE BRASILIA PLANESST. GEORGE, Utah - SkyWest Delta Connection has
INTEREST RATE CUT SPURS FEAR OF INFLATION
Howard Simon |
The Federal Reserve's move Friday to stimulate the economy by lowering interest rates by a full perc
COMMODITY BRIEFS
Wire and Staff Reports |
RUBBER TRADERS SAY PRICE ACTION FAILEDBANGKOK, Thailand - The International Natural Rubber O
CUT IN DISCOUNT RATE HURTS DOLLAR, TRADERS SAY
Gordon Platt |
The Federal Reserve's full-point cut in the discount rate Friday to 3.5 percent, a 27-year low, and
SHIP OFFICIALS DENY BLAME IN TROUBLED TRADE TALKS
WILLIAM DiBENEDETTO |
Maritime officials deny they are the heavies in the tense endgame that has left the conclusion of th
BIG SHIPPERS USE TINY GATEWAY AS EASTERN LINK FOR SANTA FE
Lawrence H Kaufman |
Gateway Western Railway is rapidly becoming an eastern gateway for the Atchison, Topeka and Santa Fe
SIX GLOBAL AIRLINES TO LAUNCH AUTOMATED CARGO DATA SYSTEM
Mark B. Solomon |
Six international carriers agreed to launch an automated information system aimed at expediting the
Transport, Trade and Regulation News
MARITIME BRIEFS
From Wire and Staff Reports |
COAST GUARD LOOKS INTO CHELSEA RIVER ACCIDENTCoast Guard officials were investigating why a
Maritime
EDS AWARDED CONTRACT FOR DESKTOP SERVICES
JOC Staff |
Electric Data Systems Corp. was awarded a five-year contract to provide desktop services by General
Transport, Trade and Regulation News
TRADE BRIEFS
From Wire and Staff Reports |
US, JAPANESE OFFICIALS SWAP TRADE GRIPESSenior U.S. and Japanese officials exchanged trade p
Maritime
PROJECT SOFTWARE HELPS MANAGE TIME, COSTS
Douglas C. Harper |
In today's tight economy, the transportation industry is looking for new ways to keep a lid on costs
INDUSTRIAL OUTPUT UP 9.6 PERCENT IN CHINA
Knight-Ridder Financial |
China's industrial output rose 9.6 percent in November, but was down when compared to the average gr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 20, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARAD REJECTS BID BY LYKES TO ACT FOR BRAZILIAN CARRIER
WILLIAM DiBENEDETTO |
The Maritime Administration scrapped a Lykes Bros. Steamship Co. plan to act as general agent for a
Maritime
ONE COUNTRY BLOCKS OECD SHIPPING PACT
Barbara Casassus |
International talks to cut governmental aid to shipping will start over in June, following last week
Maritime
FUTURES TRADING / OPEN INTEREST AND SALES
JOC Staff |
All life-of-contract highs and lows on all contracts are based on actual transactions, not bid and a
ENERGY BRIEFS
From Wire and Staff Reports |
GAS DEMAND STEADY DESPITE POOR ECONOMYU.S. natural gas use in 1991 will total about 19.4 qua
CHEMICAL BRIEFS
From Wire and Staff Reports |
CISTRON SUES PEPROTECH OVER INTERLEUKIN PATENTPINE BROOK, N.J. - Cistron Biotechnology Inc.
DEMOCRATS SPONSOR TOUGH JAPAN TRADE BILL ACTION AIMED AT RIGHTING AUTO IMBALANCE
John Maggs |
Democratic lawmakers introduced a tough trade bill aimed at Japan and called for no less than a majo
WARNING FLAGS UP AGAIN FOR THE BARGE INDUSTRY
John Boyd |
For the inland waterway industry, the end of one year and the start of another has to be bittersweet
CANADA SLAPS PROVISIONAL DUTY ON IMPORTS OF US CARPETING
Leo Ryan |
Canadian carpet manufacturers have welcomed a ruling by Revenue Canada, resulting in a provisional e
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
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
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,137 per ton lots & in warehouse min. 99.7%Antim
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Dec. 20, 1991Prev. Life of Contr. OpenOpen Hi
NAII AGAINST NJ PLAN TO TINKER WITH AUTO RISK RATING SYSTEM
From Wire and Staff Reports |
Rules proposed by the New Jersey Department of Insurance that would alter factors used in determinin
TRADE BRIEFS
Wire and Staff Reports |
CHINA, THAILAND DUMP PIPE, COMMERCE SAYSChina and Thailand are selling carbon steel butt-wel
Maritime
RAILS' ELECTRONIC LINKS ARE STARTING TO PAY OFF
Tony Seideman |
Years of investment of technological skill and marketing dollars are finally paying off for railroad
Transport, Trade and Regulation News
TRANS / TECH BRIEFS
From Wire and Staff Reports |
TOSHIBA INTRODUCES NEW COLOR MONITORBUFFALO GROVE, Ill. - Toshiba America CP Inc., creator a
Transport, Trade and Regulation News
VOLVO GM COMPUTERIZES SALES PITCH
Journal of Commerce Staff |
Computers have been used for years to design cars and trucks. And, they've been used by dealers sear
Transport, Trade and Regulation News
GOVERNOR EXPECTED TO OK WORKERS COMP BILL IN MASS.
TOM McNIFF Jr. |
Massachusetts Gov. William Weld is expected to sign a workers compensation reform law today, but als
JOINT VENTURE OF EX-SOVIET LINES COULD SERVE AS MODEL FOR THE FUTURE
Janet Porter |
A new joint venture specializing in the shipment of refrigerated goods could point the way to the fu
TRANSPORT BRIEFS
From Wire and Staff Reports |
PLM INTERNATIONAL ACQUIRES RENT-A-VAULTPLM International Inc., a transportation leasing comp
BOEING AIDS INVESTIGATION OF JET'S DIVE OVER CANADA
(Reuter) |
Boeing Co.'s commercial airplane group said it was assisting a Canadian probe into why a 747-100 car
ILA-RICO ARBITRATION AGAIN BLOCKED BY JUDGE
Alan Abrams |
In a defeat for waterfront union lawyers, a federal judge Friday again refused to let a labor contra
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1509 (Dec. 20, 1991) Previous day - 1521 The Baltic International Freight Futures Market in
Maritime
WESTMORELAND SETTLES JAPANESE COAL DEAL
Tim Sansbury |
Westmoreland Coal Co. became the first U.S. exporter to settle 1992 coal- supply contract negotiatio
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