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PEOPLE ON THE MOVE
From Wire and Staff Reports |
COMSAT CORP.Edwin Colodny, former US Airways Group Inc. chairman, was elected chairman of th
TRADELEADS
The following trade leads appear exclusively in print in The |
Offers to buy* LENTILS, BEANS & PULSES. Pulses, red whole & split lentils, chick peas & gree
Maritime
BRIEFS
From Wire and Staff Reports |
BMW, CHRYSLER TOUTJOINT BRAZILIAN VENTURECURITIBA, Brazil - BMW AG and Chrysler Corp. will l
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
AFL-CIO HAVING SECOND THOUGHTS ON EX-IM BANK
Tim Shorrock |
Stung by the outsourcing of U.S. jobs and recent moves by U.S. multinationals to expand the foreign
CURRENTS MAY BE AGAINST SHIP RATE-SETTING GROUPS \ PACIFIC LINES SIGN 100+ CONTRACTS
Peter Tirschwell |
Ocean carriers that set rates together on shipments from Asia signed more than 100 volume-discount c
JOURNAL OF COMMERCE - FAST FACTS \ US TRADE BALANCE: LUMBER, TILE, GLASS, CEMENT
Bureau of Economic Analysis |
No text.
EU SEEKS TO STEM TIDE OF "TAX WARS' \ CODE OF CONDUCT IN WORKS TO HALT BIDDING BATTLE
Bruce Barnard |
The European Union is preparing a code of conduct to prevent tax competition between its members fro
COST OF CREDIT
JOC Staff |
Friday, May 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
DOLLAR'S SLIDE MAY ACCELERATE IF FED DOES NOT RAISE RATES
Gordon Platt |
The dollar lost 5 percent against the Japanese yen last week and could keep sliding if the Federal R
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 17, 1996 - May 9, 1997 (a graph)* An
SOUTH KOREA WILL NOT TARGET IMPORTED GOODS
Wire And Staff Reports |
South Korea, yielding to mounting pressure from its trading partners, vowed on Friday not to discrim
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of April 30, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docu
BRIEFS
From Wire and Staff Reports |
THAI FIRM TO BUY STAKEIN 2 ELECTRONICS PROJECTSBANGKOK - Thai electronics concern Alphatec G
Maritime
HK TELECOM SALE RATTLES THE MARKET \ CHINESE POWER STRUGGLE SUGGESTED
P.T. Bangsberg |
A buzz of anticipation about the future of Hong Kong's main telecommunications company ended with a
Maritime
INDIA SEES PICKUP IN INDUSTRY
N. Vasuki Rao |
Indian industry expects conditions to improve significantly in the current fiscal year after a soggy
Maritime
QUOTE TO NOTE
Lu Ping, Director of China's Hong Kong and Macao Affairs |
'Of course the systems are different. We have to explain to the people on the mainland why Hong Kong
Maritime
JAPAN SEEN RELUCTANT TO WELCOME N. KOREA TO DEVELOPMENT BANK
Bridge News |
Japan will likely oppose North Korea joining the Asian Development Bank because of Pyongyang's failu
Maritime
DEFICITS WITH CHINA, JAPAN WORRY US
Bridge News |
The Clinton administration is ''concerned'' about huge U.S. trade deficits with Japan and China, and
Maritime
BRIEFS
From Wire and Staff Reports |
KOHL, IN HONG KONG,DISCUSSES HUMAN RIGHTSHONG KONG - Chancellor Helmut Kohl of Germany met F
Maritime
RUSSIA LAUNCHES THREE AUTOMOBILE ASSEMBLY PROJECTS \ FOREIGN MAKERS HOPE TO CUT PRICES, SPUR SALES
John Helmer |
Russian auto plants started two new assembly lines last month, turning out models for Kia and Hyunda
Maritime
UN'S ASIA BODY URGED TO RETHINK ITS ROLE
Ron Corben |
The largest and most diverse group of Asian nations is being goaded to re-examine its role in the li
Maritime
"NOTHING NEW' IN TALKS, CENTRAL AMERICANS SAY \ CLINTON MADE NO VOW ON NAFTA EXPANSION
Michael Stott |
Central American leaders had little but photographs to show from their long-awaited summit with Pres
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPSSIZE OF NORWEGIANMERCHANT FLEET SWELLSOSLO - The size of the Norwegian-
APL OPENS MAMMOTH BOX TERMINAL AT LOS ANGELES
Bill Mongelluzzo |
The nation's largest proprietary container terminal, the 230-acre American President Lines terminal
GERMAN LINE PLANS DIVESTITURE
Robert Koenig |
Germany's Hamburg-Sud, trying to cut costs and restore profitability, is moving to spin off its seaf
GLOBAL AIR GROUP ASKS THAT WASHINGTON DEFER FEES ON CARRIERS USING US AIRSPACE
John Zarocostas |
The head of the International Air Transport Association is urging the Clinton administration to defe
BALTIC FREIGHT INDEX
JOC Staff |
1275 (May 9, 1997) Previous day - 1272The Baltic International Freight Futures Market in Lon
FREIGHT RATE FUTURES
JOC Staff |
May 9, 1997Baltic International Freight Futures Market Prev.Close High Low
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARY:AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 3, total piggyback freight hauled on the nation's major railroads equaled 169
BRIEFS
From Wire and Staff Reports |
NEW SERVICE BEGINSTO DOMINICAN REPUBLICMIAMI - Azov-Caribbean Line is starting a new service
CHINESE RULES PERPLEX TAIWAN
Bridge News |
Taiwanese shipping operators have a mixed response to China's announcement last week of regulations
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 9, 1997Quotations are based on prices reported in the market or obtained from supp
CARGO HOLDS STILL LACKING SMOKE ALARMS
Associated Press |
A year after ValuJet Flight 592 crashed into the Everglades, killing everyone aboard, no airline has
BRIEFS
From Wire and Staff Reports |
MEXICO SAYS COMPANYMAY OFFER INSURANCEMEXICO CITY - Mexico's finance ministry has authorized
BALTIC FREIGHT INDEX
Journal of Commerce |
May 9: 1275
LEIF HOEGH, SAFMARINE SEAL REEFER ALLIANCE DEAL
Janet Porter |
A powerful new player has been created in the refrigerated cargo trades following the completion of
BNSF TO ACQUIRE 405 NEW LOCOMOTIVES WITHIN THREE YEARS
Rip Watson |
Burlington Northern Santa Fe Railway, in a bid to avoid a recurrence of recent locomotive shortages,
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
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