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SEA-AIR LINK FOR JAPAN, EUROPE IN DEMAND, FIRM SAYS
John Davies |
A new sea-air route between Japan and Europe by way of Vladivostok is drawing enough cargo to fill t
MASSPORT OFFERS TO HELP EXECUTIVE BOLSTER BOSTON'S SHIP REPAIR PLANT
TOM McNIFF Jr. |
The Massachusetts Port Authority is offering limited loan guarantees to a former shipyard executive
Maritime
INDIA PLANS TO BOOST PHONE NETWORK
N. Vasuki Rao |
India's inadequate and overburdened telecommunications network is poised for rapid change with the C
Maritime
PHILIPPINE GARMENT SALES TO US FALL
P.T. Bangsberg |
Garment exports from the Philippines to the United States slipped more than 9 percent in the first h
Maritime
INSURERS WIN $66 MILLION IN CALIF. RICO JUDGMENT
Jerry Goldberg |
A California district court awarded a group of insurers $65.7 million, in a Racketeer Influenced and
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
ADMINISTRATION FACES TOUGH ROAD IN FUEL TAX FIGHT
Geoffrey H. Brown |
The White House may have a tough time convincing House Republicans to vote against a proposed fuel t
TRANSPORT CALENDAR
JOC Staff |
Traffic Club of Newark, 77th annual outing, Aug. 21. Orchard Country Club, Eatontown, N.J. Contact:
STEEL, AUTO SLOWDOWN HURTS LAKES SHIPPING
Kevin Commins |
Weakness in the North American steel and automotive industries has curtailed Great Lakes shipments o
EC COMMISSION CLEARS AID FOR SABENA
Journal of Commerce Staff |
The European Commission Wednesday cleared a $1 billion state aid package for Sabena, Belgium's natio
DOLLAR STEADY AFTER FALL ON DURABLE GOODS DATA
Knight-Ridder Financial |
The U.S. dollar pared losses but remained sharply lower after tumbling early on news that U.S. durab
US CRUDE OIL INVENTORIES DECREASE 1.1 MILLION BARRELS, API SHOWS
Journal of Commerce Staff |
U.S. crude oil inventories decreased by 1.1 million barrels during the week ended July 19, compared
TRADE BRIEFS
From Wire and Staff Reports |
GATT DELEGATES SEE NO PRE-BREAK PROGRESSOfficials of the General Agreement on Tariffs and Tr
Maritime
FIRE HURTS UNION CARBIDE EARNINGS
Wire Reports |
Union Carbide Corp.'s second-quarter net income of $46 million was down 60 percent from the $116 mil
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 24, 1991Dubai Crude Oil - (Dollars Per Barrel
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended7-19 7-12
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BALTIC FREIGHT INDEX
JOC Staff |
1499 (July 24, 1991) Previous day - 1513 Baltic International Freight Futures Market in Lond
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
COURT MUTES DEBATE ON ANTITRUST IMMUNITY
WILLIAM DiBENEDETTO |
What one observer described as a "quirky little problem on the edges" of U.S. regulatory shipping la
Maritime
WITH RICO SUIT BEHIND THEM, ILA LEADERS LOOK FOR UNITY
Alan Abrams |
The International Longshoremen's Association is looking ahead, again. With the government ra
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 24, 1991 Prevailing sellers' posted prices at the close of business, represen
FREIGHT RATE FUTURES
JOC Staff |
July 24, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 24, 1991Brent Crude Oil - (Dollars Per Barrel)
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/24 7/23 Change % Change:
ASIAN FUTURES
JOC Staff |
July 24, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
NORFOLK SOUTHERN EARNINGS, REVENUE SLID IN SECOND QUARTER
Lawrence H Kaufman |
Norfolk Southern Corp. Wednesday announced earnings of $134 million, or 90 cents a share, in the sec
YELLOW FREIGHT EARNINGS FELL 31.6 PERCENT IN 2ND QUARTER
Journal of Commerce Staff |
Yellow Freight System Inc. Wednesday announced second-quarter earnings of $11.26 million, or 40 cent
NEW PRODUCTS
JOC Staff |
PRESS EASES DISPOSAL OF AUTOMOTIVE FILTERSA new hydraulic press from Maha Nederland BV of th
Maritime
EC FINES TETRA PAK FOR ANTITRUST VIOLATIONS
Bruce Barnard |
The European Commission Wednesday fined Tetra Pak, the Swiss-based, Swedish- owned packaging group,
Maritime
JAPAN PREDICTS 27 PERCENT RISE IN ELECTRIC POWER DEMAND
A.E. Cullison |
Japanese demand for electric power will expand by a whopping 27 percent by the year 2000, a governme
TURKISH PIPELINES READY FOR IRAQI OIL
Knight-Ridder Financial |
Iraq could begin exporting crude oil through Turkish pipelines within 1 to 2 days after the United N
FRUIT, CORN SEEN POSING TRADE TALK PROBLEMS
(Reuter) |
American winter fruit and vegetable farmers and Mexico's multitude of corn growers could be hard hit
SENATE BILL INCLUDES POSTAL AMENDMENT
Journal of Commerce Staff |
The Senate has passed its version of a $20 billion appropriations bill that includes an amendment gi
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
COMMODITY BRIEFS
From Wire and Staff Reports |
ENGELHARD 2ND-QUARTER NET INCOME A RECORDISELIN, N.J. - Engelhard Corp. on Wednesday reporte
US, FOREIGN CONSOLIDATORS URGE FMC TO LIFT TARIFF-FILING RULE
WILLIAM DiBENEDETTO |
If filing maritime shipping rates at the Federal Maritime Commission is ever abandoned, a move by a
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
RULING REQUIRES RAILS TO REPORT SIGNAL FLAWSThe Federal Railroad Administration has issued a
INDIA EASES REGULATIONS ON FOREIGN INVESTMENTS
N. Vasuki Rao |
Foreign investors will be able to hold up to a 51 percent stake in joint ventures here under a liber
PEOPLE - TRANSPORT
Wire and Staff Reports |
F-F-E TRANSPORTATION SERVICES INC. (Dallas) - Doug E. Ruckel was named regional marketing director
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