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PEOPLE ON THE MOVE
From Wire and Staff Reports |
CONTSHIP CONTAINERLINES INC.The company named four department managers in preparing to becom
PRIVATE RAILTRACK POSTS 1ST RESULTS
Journal Of Commerce Staff |
Railtrack Group PLC, the recently privatized company that owns and maintain British railroad tracks
UP CREATES 4 REGIONS, APPOINTS NEW TEAM
Journal Of Commerce Staff |
Union Pacific Railroad Thursday shook up its operating department, creating four regions and naming
DAILY PETROLEUM PRICES
JOC Staff |
Friday Nov. 22, 1996Prevailing sellers' posted prices at the close of business, representing
YEN POISED FOR GAINS AGAINST THE DOLLAR AS JAPAN RELEASES ITS TANKAN REPORT
Journal Of Commerce Staff |
The Japanese yen is expected to rise against the U.S. dollar this week as the Bank of Japan issues i
MANY OF JAPAN'S BIG BANKS BACK TO BLACK IN 1ST HALF
Fumiko Fujisaki |
Japan's major commercial banks said Friday that they had returned to the black in the first half of
SPIRITED DEBATE FOLLOWS JAPAN'S LIQUOR TAX STANCE
Reuters |
Alcoholic spirits producers from Europe, the United States and Canada condemned Japan on Friday for
IMPORT COSTS EDGE UP EXPORT PRICES SLIDE
Tom Connors |
The higher cost of imported oil in October lifted the overall import price level for the third month
PEPSI BOTTLERS TO OPEN KAZAK, RUSSIAN PLANTS
Associated Press |
Pepsi International Bottlers plans to set up six new bottling plants in Kazakstan and Russia over th
Maritime
NORTH, SOUTH APPEAR HEADED FOR COLLISION AS WTO MINISTERS SUMMIT APPROACHES
John Zarocostas |
A major North-South confrontation now appears imminent at the first trade ministers summit in Singap
Maritime
BRIEFS
From Wire and Staff Reports |
MONY ALABAMA SUITSETTLED FOR $12.5 MILLIONMONTGOMERY, Ala. - About 50 Alabama insurance poli
REGULATORS PROPOSE NEW RULES FOR AIR BAGS
Reuters |
Federal regulators proposed new rules last week for car air bags to allow them to inflate with less
GOLDEN EAGLE REFUSED IN REQUEST FOR HEARING
Ron Lent |
Golden Eagle Insurance Company suffered a defeat here last week when San Francisco Superior Court Ju
HOMEOWNERS FAVOR THE PERSONAL TOUCH
Journal Of Commerce Staff |
Most U.S. homeowners, including those in urban neighborhoods, don't believe there's an insurance ava
QUIT CRYING WOLF
Journal Of Commerce Staff |
Marine underwriters should stop whining and get on with making money.That was the jarring me
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ALLMERICA REVincent S. Potts has joined this reinsurer as a vice president, in its domestic
BRIEFS
From Wire Reports |
MOTOROLA AND PHILIPSLATEST TO LEAVE MYANMARNEW YORK - In a reprise of the boycott of South A
Maritime
SPOT COMMODITIES
JOC Staff |
Nov. 22, 1996Included are list prices of suppliers. Quotations do not necessarily represent
COURT ASKED TO UNDO WORKERS COMP RULING
Ron Lent |
The state Supreme Court is being asked to reverse a lower court opinion that if allowed to stand cou
UP PICKS DAVIDSON TO FILL LEWIS' SHOES
Journal Of Commerce Staff |
Union Pacific Corp. Thursday selected Richard K. Davidson, 54, to become chairman and chief executiv
USF&G TO BUY MEXICO'S LEADING SURETY COMPANY
Associated Press |
USF&G Corp. will become the largest surety writer in the world after it acquires Afianzadora Insurge
JOURNAL OF COMMERCE - FAST FACTS \ AFRICAN OUTLOOK
Economist Intelligence Unit, London |
No text.
CSX WINS 20 PERCENT OF CONRAIL \ GIANT TAKES 1ST ROUND IN A FIGHT JUST STARTING
Rip Watson |
CSX Corp. now has a clear head start on rival Norfolk Southern Corp. in the struggle for control of
BARSHEFSKY CAN THANK PEROT FOR NOMINATION SNAFU
John Maggs |
A strange footnote to the campaign of 1996 lives on as a potential problem for acting U.S. Trade Rep
SPOT PRODUCT PRICES
JOC Staff |
Nov. 21, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALESSaleDate Vessel Year Price
INSIDE TALK - RIP WATSON \ (RAIL)ROAD SHOW: MERGER COMBATANTS PACK DRAMA INTO THEIR DAY IN COURT
Rip Watson |
Insurgent Norfolk Southern Corp.'s failed courtroom bid to derail the Conrail-CSX merger this week d
IMF LOAN DEAL TO RUSSIA IN DOUBT, MINISTER SAYS
Associated Press |
Russia will have trouble this year restarting its $10 billion loan deal with the IMF, the economics
Maritime
QUOTE TO NOTE
Bernard Loeb, Director of the National Transportation Safety |
''We're right now at the heart of one of the central issues . . . : Who is responsible for what goes
Maritime
VIRGINIA GROUP TAKES POSSESSION OF 5TH GLADDING-HEARN PILOT BOAT
Tom Baldwin |
Gladding-Hearn Shipbuilding, owned by Duclos Corp., delivered a fifth pilot boat to the Virginia Pil
MARSH CO.
Maria Carlino |
For Marsh Co., exporting is nothing new. The manufacturer of ink-jet printers and coding equipment h
Maritime
IN SWITCH, MANILA REJECTS TENTATIVE US TEXTILE ACCORD
P.T. Bangsberg |
Having announced a tentative accord with the United States on textiles, the Philippine government no
Maritime
AIR CARRIERS PLAYING IT SAFE IN THE PACIFIC \ BURNED LAST YEAR, LINES ARE RESTRAINING CAPACITY
Andrew Blum |
There's nothing like being burned with too much capacity in one year to turn an air cargo executive
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 21, 1996Prev. Life of Contr. Open Open High Low
INSURERS BLAST NEW BANK RULES \ AGENTS GROUP DECRIES GOVERNMENT'S PROPOSAL
Margo D. Beller |
Insurance companies and agents on Thursday blasted new federal rules that allow banks to make broade
STUDY: NAFTA NOT CULPRIT IN MEXICAN DEVALUATION
Kevin G. Hall |
Pity the North American Free Trade Agreement. First it was going to cause the sky to fall over the U
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 21, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32
SCRAP METAL EXPORTERS TAKING IT ON THE CHIN
Bill Mongelluzzo |
The scrap metal export market, notorious for its volatility, is mired in a down cycle.The pr
MEXICO'S GDP SHOWS 7.4 PERCENT GAIN OVER COMPARABLE PERIOD A YEAR AGO
Kevin G. Hall |
Mexico released third-quarter gross domestic product statistics Thursday, reflecting a 7.4 percent j
DESPITE JUMP IN US CAR SALES TO KOREA, NUMBERS STILL LOW \ GROUP CALLS FOR MORE ACCESS TO THE MARKET
Robin Bulman |
South Koreans are expected to buy nearly 70 percent more foreign cars this year than last, but auto
Maritime
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