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COST-CUTTING MEASURES LEAD TO STRONG CONRAIL EARNINGS HIGH FUEL PRICES HIT BN, NS HARDER
Geoffrey Brown |
Higher fuel prices drove fourth-quarter profits down at Burlington Northern Railroad Co. and Norfolk
AIRBUS INDUSTRIE EXPECTS TO SNARE 34 PERCENT SHARE OF AIRCRAFT MARKET
John Zarocostas |
European aircraft manufacturer Airbus Industrie expects to obtain a 34 percent share ofthe global ma
MARITIME BRIEFS
From Wire and Staff Reports |
ACE GROUP TO CONTINUE ROUTE AROUND AFRICATOKYO - The Ace Group of three shipping lines decid
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 216.02 off 1.11 which compare
FREIGHT RATE FUTURES
JOC Staff |
Jan. 24, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
DUTCH SHIPPERS PROTEST SHIP RATES
Bruce Barnard |
Dutch shippers are spearheading a protest by European exporters against shipping lines that sharply
LOOSENING OF CONTROLS ON EXPORTS HITS LIMITS
Richard Lawrence |
American business is about to benefit from a series of government decisions easing strategic export
GROUPS FORM NY MARKETING JOINT VENTURE
From Wire Reports |
The formation of a joint marketing venture, Evergreen Partners, Inc., was announced Tuesday by Charl
TOPIC: CAPITOL HILL
(Interview was conducted by insurance reporter Aviva |
Q: The official word from Treasury is that they are still undecided about recommending expanded bank
MEXICO OIL EXPORTS UNAFFECTED BY SALVO FROM RULING PARTY
Paula L. Green |
The Mexican government says it will continue to honor all of its oil contracts with theUnited States
OCCIDENTAL'S WITHDRAWAL FROM CHINA COULD BE SLOW PROCESS, EXPERTS SAY
Helen Berg |
It could take Occidental Petroleum Corp. as long as two years to dissolve its joint-venture coal pro
DELTA POSTS RECORD LOSS FOR QUARTER
Knight-Ridder Financial |
Delta Air Lines Wednesday reported a record net loss for the fiscal second quarter, ended Dec. 31, o
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 24, 1991 Prevailing sellers' posted prices at the close of business, represent
SILVER HITS 17-YEAR LOW ON HEAVY LIQUIDATION
Knight-Ridder Financial |
Silver futures prices Thursday plunged to their lowest level in 17 years on heavy liquidation.
ANALYSTS, TRADERS RELUCTANTLY PREPARE FOR QUARTERLY CRUSH, FATS/OILS DATA
Rosalind Krasny |
The U.S. recession and federal budget cuts will hit home to grain traders this year as the influenti
CHEMICAL EARNINGS
From Wire and Staff Reports |
VISTA CHEMICAL POSTS FISCAL 1ST-QUARTER LOSSVista Chemical Co. of Houston Thursday reported
CHEMICAL BRIEFS
From Wire and Staff Reports |
HENKEL TO BUILD NEW TEXTILE LABHenkel Corp. Thursday said it will build a new research and d
MARAD ASKED TO OK SHIP SALE
Journal of Commerce Staff |
Texaco Refining and Marketing Inc. is seeking Maritime Administration permission to sell its U.S.-fl
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
CORRECTION
JOC Staff |
The cargo ship Eagle Nova is registered in Germany, contrary to information initially available from
SEVERAL SHIP LINES ORGANIZE FEEDER SERVICES IN GULF
Janet Porter |
A number of shipping lines that suspended services to northern destinations in the Persian Gulf when
AIR WAR-RISK RATES FOR GULF DIP AFTER SHARP FALL IN MARINE COSTS
Lorraine Iannello |
Even if the shooting in the Persian Gulf stopped today, aviation war- riskrates would remain high, s
JET FUEL STOCKS ADEQUATE FOR WAR, OIL OFFICIALS SAY
From Wire Reports |
Thirsty allied jets are sucking up vast amounts of fuel in raids on Iraq but oil industry officials
NEWS SUMMARY
JOC Staff |
* Customs Update 5A * Howard Simon - Simon Says 7A* Premium Talk: Independent Insurance Agen
TREASURY DEPARTMENT ENTERS DEBATE ON INDUSTRY REGULATION STUDY TO ASSESS INDUSTRY'S HEALTH
Aviva Freudmann |
The Treasury Department has entered the debate over the regulation of the insurance industry by unde
MONTREAL PORT REPORTS RECORD BOX CARGO IN '90
Leo Ryan |
The Port of Montreal staged a strong rebound in 1990, with containerized cargo vol- ume increasing b
Maritime
SOME SHIP CREWS RESIST VOYAGES NEAR WAR ZONE
Journal of Commerce Special |
Crewmembers of India's state-owned Shipping Corp. of India continued to resist sailing to Iranian oi
Maritime
FOOD HOARDING IN ITALY RESULTS IN PRICE HIKES
Rosy Nimroody |
News of the outbreak of war in the Persian Gulf sent Italians on a massive food buying rampage. The
Maritime
UNITED FORWARDERS SERVICE INC.
JOC Staff |
DATE OF AWARD: "E" Award for export service in 1984.WHY THE AWARD WAS GIVEN:United F
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 24, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
NEW PRODUCTS VIDEOTAPE RENTALS MAY BE THING OF PAST
JOC Staff |
Explore Technology Inc., a company still in the development stage, introduced an electronic video tr
Maritime
INTERNATIONAL LOANS
Journal of Commerce Staff Report |
$11.2 million from the World Bank's International Development Association for urban planning, water
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
WOOL OUTPUT QUOTAS SUPPORTED IN AUSTRALIASYDNEY, Australia - The Australian government and w
US-CANADA PANEL'S MOVE TO REOPEN ITC PORK PROBE HIT
Knight-Ridder Financial |
The National Pork Producers Council has criticized as "outrageous" a U.S.-Canada bilateral panel rul
APL SETTING UP WAR BONUS PACKAGE GULF BENEFITS SAME FOR ALL UNION LABOR
Allen R. Wastler |
American President Lines Ltd. is setting up a war bonus package with its unions that will give each
Maritime
SHHH! AN ALGERIAN LNG CARRIER HAS ARRIVED IN PORT OF BOSTON
TOM McNIFF Jr. |
An Algerian-flag liquefied natural gas carrier arrived here Wednesday with no visibly upgraded secur
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 24, 1991 Copper Total, 14,547. Gold Total, .1,644,965.Silver Total, .266,106,106.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
POLL SHOWS RECESSION IN UK DEEPENED IN '90The recession in the United Kingdom deepened in th
JAPAN'S THIRST FOR OIL MAY SOAR IN MID-FEBRUARY
Abudi Zein |
Japan's currently adequate supply of petroleum products is keeping oil companies out of the interna
TIGHT BUNKER FUEL SUPPLIES HOLD UP SHIPS IN SINGAPORE
Jacob Daniel |
For ships needing bunker fuel, the situation in Singapore is long lines and volatile prices.
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