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BULK RATES WON'T TRACK RECORD LEVEL OF FREIGHT
Janet Porter |
Commodities like coal, grain and iron ore moving overseas may be at an all-time high, but shipowners
COST OF CREDIT
JOC Staff |
Thursday, April 25, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR ROLLS UPHILL, HITS 14-MONTH HIGH AGAINST MARK
Knight-Ridder Financial |
The U.S. dollar rose sharply against the Deutsche mark Thursday, surpassing 1.53 marks, a 14-month h
HONG KONG EXPECTED TO PUSH STALLED TERMINAL
P.T. Bangsberg |
After three months of indecisive talking among containerport operators, the Hong Kong government is
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, April 28, '95, - April 25, '96 (a graph)
MEXICO, RAIL UNION REVISE PACT
Kevin G. Hall |
Mexican government transport officials and the Syndicate of Railroad Workers of the Mexican Republic
MERGERS BECOME THE PARTY LINE AS GLOBAL CUSTOMERS COME CALLING \ CONSUMERS DEMAND MORE CONVENIENCE
Paula L. Green |
The growing global desire for one-stop shopping - whether for local calls across town or sending fax
REORGANIZATION SPECIALIST JOINS LYKES
Journal Of Commerce Staff |
Joe B. Freeman was named president of Lykes Bros. Steamship Co., replacing Tom Rankin who will conti
BRIEFS
From Wire and Staff Reports |
EU OFFICIAL DETAILSSINGLE CURRENCY PLANBRUSSELS - EU Monetary Affairs Commissioner Yves-Thib
Maritime
MORE UK RAILS GOING ON SALE
Reuters |
Britain opened the bidding Thursday for another seven railroad companies as part of its sale of the
EARNINGS
From Wire and Staff Reports |
SOUTHERN PACIFIC NETFALLS 62 PERCENT IN QUARTERSAN FRANCISCO - Southern Pacific Rail Corp. a
ASIAN AIR CARGO HITS HEAD WIND \ MAJOR FREIGHT HUBS POST MODEST GAINS
P.T. Bangsberg |
While the trade-based economies of East and Southeast Asia barrel along, the air cargo sector wonder
CONGRESS EXPECTED TO PASS COMPROMISE BUDGET BILL
Tom Connors |
Congress moved toward approval Thursday of a $160 billion package bill to fund nine federal departme
Maritime
COMMERCE MOVES TO BOOST EXPORTS OF US ENVIRONMENTAL TECHNOLOGY
Journal Of Commerce Staff |
The Commerce Department, pushing to expand U.S. environmental technology exports, will coordinate it
Maritime
HEARINGS SET FOR MAY ON SHIP SUBSIDY PACT
Journal Of Commerce Staff |
A House panel with oversight over U.S. shipyards is planning to hold hearings in May on a worldwide
GERMANY, FRANCE URGED TO REDUCE JOBLESSNESS
Knight-Ridder Financial |
Bundesbank President Hans Tietmeyer called Thursday for sustainable growth to bring down unemploymen
Maritime
INSIDE TALK - RIP WATSON \ REACHING A RAIL AGREEMENT SOON WOULD EXCEED OPTIMISTS' DREAMS
Rip Watson |
Recent setbacks in rail contract talks and the consequent slide toward a possible summer work stoppa
QUOTE TO NOTE
Robert Morris |
''They've been dominated by developing countries and put out a lot of flaky stuff.''
Maritime
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALESSaleDate Vessel Year Price
TACOMA PORT OFFICIALS SAY SEOUL MEETING ENCOURAGING
Associated Press |
Port of Tacoma officials returned from four days of meetings with Hyundai Merchant Marine in Seoul,
CARIBBEAN BANANA GROWERS UPSET
Canute James |
Caribbean banana exporters have accused the United States of ''prematurely'' taking to the World Tra
Maritime
EX-IM BANK ORDERED TO HALT CHINA FINANCING
Richard Lawrence |
The State Department instructed the U.S. Export-Import Bank to suspend temporarily final approval of
Maritime
BRIEFS
From Wire and Staff Reports |
CHILEAN COPPER WORKERSPOSTPONE CONTRACT VOTESANTIAGO, Chile - Workers at the Chuquicamata co
Maritime
FOOTWEAR: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
JAPAN'S FOOD IMPORTS RISE 9.3 PERCENT, TOPPING $50 BILLION
Coco Kubota |
Japan's food imports rose 9.3 percent on an annual basis, to $51.49 billion in 1995 from the previou
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BALTIC FREIGHT INDEX
JOC Staff |
1462 (Apr. 25, 1996) Previous day - 1455The Baltic International Freight Futures Market in L
BRIEFS
From Wire and Staff Reports |
LEIF HOEGH REPORTSPROFIT RECOVERYLONDON - Leif Hoegh & Co., the diversified Norwegian shippi
FREIGHT RATE FUTURES
JOC Staff |
Apr. 25, 1996Baltic International Freight Futures Market Prev.Close High Low
LATINS NO. 2 FOR US BOXED GOODS \ REGION EXPECTED TO HOLD RANK IN '97
Michael Fabey |
Latin American countries displaced those in Europe as the No. 2 destination for U.S. containerized e
BOEING TO BOOST WORK FORCE FOR FIRST TIME IN FIVE YEARS
Associated Press |
Boeing Co., for the first time in five years, is boosting its work force.The nation's larges
BRIEFS
From Wire and Staff Reports |
JAPAN, INDONESIATO MEET, TALK CARSTOKYO - Japan and Indonesia will hold working-level talks
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 25, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 31
GASOLINE PRICES
JOC Staff |
Apr. 25, 1996RESELLER RACK Unleaded Mid- Premium-Unle
CHINA ACCUSES WASHINGTON OF LAXITY IN PIRACY FIGHT \ CLAIM FOLLOWS CHINESE COURT VICTORY FOR US
P.T. Bangsberg |
Under remorseless attack from the United States on protection of intellectual property rights, China
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 25, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SOCIALIST PORTUGAL SMILES ON PRIVATIZATION
Mark Magnier |
Foreign investors shouldn't doubt Portugal's will to privatize state assets simply because it recent
Maritime
"NEW FEDERALISM' THEME OF AAI MEETING \ INSURERS LOOK AT EXPANDING ROLE OF THE STATES
Journal Of Commerce Special |
The increasing decentralization of federal responsibilities to the states will be the prime topic at
MERGERS SWEEP PROPERTY/CASUALTY INSURANCE INDUSTRY
Russ Banham |
Merger mania is sweeping the commercial property and casualty insurance industry, with more than 130
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