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INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending June 4, 1997 as supplied by the bunker fuel de
HOUSE BANKING PANEL POSTPONES SERVICES BILL \ DEMOCRATS, INSURERS GET THEIR WAY
Margo D. Beller |
So much for sticking to schedule.House Banking Committee Chairman James Leach postponed acti
ETHANOL SUBSIDY: HIGHWAY ROBBERY?
Jennifer Loven |
It is praised as a billion-dollar-plus bonanza for Midwestern farmers. But ethanol - the alternate m
SAFECO TO PURCHASE AMERICAN STATES
Helen R. Macleod |
Safeco Corp. said Monday it will buy American States Financial Corp. from Lincoln National Corp. for
OHIO BECOMES ELIGIBLE FOR YEARLY FEDERAL AID FOR COASTLINE PROJECTS
M.R. Kropko |
Ohio hopes to continue improvements to its 262 miles of Lake Erie coast with the help of $800,000 an
PEOPLE ON THE MOVE
From Wire and Staff Reports |
EXTRA MILE TRANSPORTATION L.L.C.Robert E. Rich III is the president and chief operating offi
COURT ORDER HALTS CONAGRA PROJECT
Associated Press |
A judge has temporarily blocked food-processing giant ConAgra Inc. from building a $170 million soyb
BULK KING BETS ON A SHORE THING
P.T. Bangsberg |
With profit from its main business in the doldrums, one of Hong Kong's largest bulk and tanker opera
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
IMF BOARD URGES BELIZETO CLOSE BUDGET GAPWASHINGTON - The International Monetary Fund's exec
Maritime
ASIA BECKONS US MEDIA, BUT THROUGH A LOCAL LENS
Bill Mongelluzzo |
Asia holds enormous opportunities for U.S. filmmakers, multimedia companies, cable television firms
BRIEFS
From Wire and Staff Reports |
SHIPSGERMANY ASKED TO CHARTNEW SHIPPING POLICYHAMBURG - The Bundesrat, the G
PASSING THE EQUIPMENT REPAIR BUCK
Chris Isidore |
Michael Bruns estimates that one in five intermodal trailers or chassis that his trucks and other ca
AIRLINES A SAFETY MODEL FOR SHIPOWNERS, EXECUTIVE SAYS
Janet Porter |
''Stop wearing ties at work'' is the advice of Stelios Haji-Ioannou, tanker owner turned airline ope
CONTINENTAL PILOTS UNION AIRS ANGER
Andrew Blum |
Add one more airline pilots contract negotiations to the list of those this year with the potential
TRANSPORT POLICIES WILL STAY ON TRACK, FRENCH OFFICIALS SAY
Aviva Freudmann |
France's political structure may have been turned upside-down by this month's elections, but its tra
ANALYST ADVISES CLIENTS: SELL YOUR APL SHARES NOW
William Roberts |
A senior Wall Street analyst advised his clients Friday to sell APL Ltd. shares now rather than wait
BRIEFS
From Wire and Staff Reports |
ASIANS TO DISCUSSSUPPORT FOR CUBAHANOI - Vietnam will host a conference of activists from As
Maritime
COAST GUARD RAPE TRIAL BEGINS TODAY
Journal Of Commerce Staff |
The Coast Guard begins a court-martial today in the case of a technician stationed aboard a Mobile,
CHINA SHIFTS GEARS ON AUTOS
Joe Studwell |
Once upon a time, in the early 1990s, the automobile was seen as a critical tool in China's economic
TRUCK TRANSPORT RESUMES IN CHUNNEL
Reuters |
Channel Tunnel operator Eurotunnel resumed the transport of trucks following a break caused by a pow
SHIPMENTS FROM HELL: WHEN CARGO GOES TO THE DEVIL
Chris Isidore |
Alaska was burning, but Patrick Sullivan felt like he was the one in hell, more than 3,000 miles awa
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 31, total piggyback freight hauled on the nation's major railroads equaled 15
EXCHANGE WOOS SHIP LINE LISTINGS
Janet Porter |
When Atlantic Container Line offered its shares to the public three years ago, the company chose a l
JAPAN'S AIR INDUSTRY HITS CREDIT RATING TURBULENCE
Andrew Blum |
Japan's aviation industry is encountering a credit crunch - from the rating services, that is.
HAMBURG PORT SETS SIGHTS ON HANDLING MORE BULK COCOA BEANS FROM W. AFRICA
Steven Slater |
The German Port of Hamburg aims to handle the import of about 50,000 metric tons of cocoa beans in b
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended May 31, 1997, vs. similar 1996 periodCars CarsLoaded Loaded<
BRIEFS
From Wire and Staff Reports |
EMERY WINS DEALWITH ROCKWELLREDWOOD CITY, Calif. - Rockwell International Corp. awarded Emer
SEA TRIALS - SEAN CONNAUGHTON \ EVALUATION OF LIABILITY DAMAGES INCLUDES MEASUREMENT OF NON-USE
Sean Connaughton |
For the uninitiated, Washington, D.C., has its own language and own way of thinking. Take, for examp
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TWO-DAY EXPRESS MARKET TAKING OFF \ NEITHER HARE NOR TORTOISE, IT'S FAST BUT CHEAPER THAN OVERNIGHT
Andrew Blum |
The two-day air express market is heating up just in time for summer. The service is gaining in popu
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
COST OF CREDIT
JOC Staff |
Friday, June 6, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U
EUROPE'S FISCAL TURMOIL TO KEEP DOLLAR CLIMBING, ANALYSTS SAY
Gordon Platt |
The dollar soared to a new high for the year against the Deutsche mark on Friday, and analysts said
BOSTON HARBOR TAKES STEP TOWARD DREDGING PLAN
Michael S. Lelyveld |
After 25 years, the Massachusetts Port Authority took the first step in a Boston Harbor dredging pro
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 14, 1996 - June 6, 1997 (a graph)*
FREIGHT RATE FUTURES
JOC Staff |
June 6, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High
JAPAN-US APPLE TALKS STILL BEARING NO FRUIT
John Zarocostas |
A round of talks last week over the U.S.-Japan apple dispute failed to find common ground over claim
BALTIC FREIGHT INDEX
JOC Staff |
1247 (June 6, 1997) Previous day - 1252The Baltic International Freight Futures Market in Lo
INDONESIA CANCELS DEAL FOR US JETS
Associated Press |
Indonesia said it canceled a deal to buy nine F-16 fighter jets from the United States because of re
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