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KEY SHIPPING EXECUTIVES TO DEBATE FEFC'S FUTURE
Janet Porter |
The future of the Far Eastern Freight Conference will be discussed at a meeting of top-level shippin
Maritime
FREIGHT COMES TO A HALT IN NORTHEAST STORM PARALYZES TRANSPORT AS ROADS, AIRPORTS CLOSE
Journal of Commerce Staff Report |
The storm-related closure of airports and highways in much of the Northeast disrupted freight moveme
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
EU TAX MAY SLOW JET FUEL SWAPSLONDON - The removal Jan. 1 of a European Union tax re
LOUISIANA STUCK WITH CLEANUP OF THOUSANDS OF ORPHAN OIL WELLS
Associated Press |
Inadequate government regulation has left Louisiana with thousands of abandoned oil and gas wells th
CABINET'S OK BRINGS ENRON CLOSER TO COMPLETING INDIA POWER DEAL
Arthur Gottschalk |
Enron Corp.'s on-again, off-again, multibillion-dollar power project in India appeared to get the fi
SHANTOU TRADE ZONE APPROVES 136 PROJECTS
Journal of Commerce Staff |
The high-tech industrial development zone in this special economic zone in southern Guangdong provin
Maritime
STORM SENDS PRICES UP, STALLS HEAT OIL DELIVERIES
Alan Gersten |
A blizzard in the Northeast Monday sent oil prices soaring in London, shut down the New York futures
SPAIN'S REPSOL FINDS OIL FIELD IN EGYPT
Knight-Ridder Financial |
Spanish oil company Repsol SA has discovered an oil field in Khalda, western Egypt, the company said
ZHEJIANG PROVINCE PUTS RANK AT NO. 4 IN CHINA
Journal of Commerce Staff |
Coastal Zhejiang province said it now ranks fourth in China in terms of the overall strength of indu
Maritime
MANY TOWNS ARE UNAWARE OF INSURANCE FOR SNOW COSTS
Associated Press |
Snow insurance would come in handy to New Hampshire towns this winter, but many town officials have
ST. LAWRENCE SEAWAY POSTS RISE IN VOLUME FOR 3RD YEAR
Journal of Commerce Staff |
Volume through the St. Lawrence Seaway has increased for the third consecutive season - reaching 38.
Maritime
TO OUR READERS
JOC Staff |
Today's Journal of Commerce is a product of logistics and telecommunications. With a massive
SOFT '95 FAILS TO CLOUD AIR CARGO CARRIERS' OUTLOOK
Lisa Burgess |
All was not well with the U.S. economy in 1995, and consumer worries put a damper on the domestic ai
JUST IN TIME, JUST NOT MOVING TELECOMMUTERS MAKE TRADES DESPITE STORM
Paula L. Green |
As more and more global traders plug in their personal computers at home and log onto electronic dat
JOURNAL OF COMMERCE - FAST FACTS TOP EXPORT DESTINATIONS FOR US PORT CARGOES
""Port Horizons," Port Import / Export Reporting Service, New |
No text.
TRADE BRIEFS
Wire and Staff Reports |
UN DECIDES TO RETAIN EMBARGO ON IRAQUNITED NATIONS - The U.N. Security Council, maki
Maritime
JOURNAL OF COMMERCE - FAST FACTS COST OF LIVING COMPARED
German Embassy; Knight-Ridder Tribune |
No story.
HOME SHOPPING INTERNETWORK: BUYERS FIND US GOODS AT JAPANESE CYBERMALL
WILLIAM DiBENEDETTO |
Can't find a U.S.-made snowboard at your local department store in Japan? Try the new mall on the In
TRACKING '95'S SHIPPING TRENDS AND WHAT THEY MEAN FOR '96
JOC Staff |
Many people use different things to see what the future holds: a crystal ball, a Ouija board, tarot
NEDLLOYD MOVE MAY AID ILWU'S ORGANIZING EFFORTS
Bill Mongelluzzo |
When Nedlloyd Lines last week unexpectedly shut down most of its office functions in Long Beach, it
REFORMS LURE SMALLER CARGO TO COLOMBIA
Chris Isidore |
In another sign that U.S. shippers are responding to Latin American reforms, the privatization of bo
SHIPPING DEREGULATION BILL HITS BRICK WALL TRANSPORT LEADERS IN HOUSE REJECT SEN. LOTT'S PLAN
Stephanie Nall |
Senate legislation to deregulate ocean shipping has ground to a halt after House transportation lead
CANADIAN FIRMS EXPECT HEAD START FROM CHILE DEAL OTTAWA BYPASSES NAFTA STALEMATE
Aviva Freudmann |
Many Canadian companies expect to get a leg up over U.S. exporters to Chile as a result of Ottawa's
CONTENDER FOR JAPAN PREMIER IS POLITICAL BRUISER
Reuters |
Japan's Trade Minister Ryutaro Hashimoto, who is tipped to become the country's next prime minister,
US DOLLAR "DAUNTING' AS IT POSTS STRONGEST GAIN SINCE JUNE 1994
Howard Simon |
The U.S. dollar, which sank to a post-World War II global low of 79.75 yen last April before beginni
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COST OF CREDIT
JOC Staff |
Friday, Jan. 5, 1996 (Percentages Per Year) INTERNATIONAL INTEREST RATESCanada U.K.
CLARIFICATION
JOC Staff |
A report in Wednesday's edition, headlined "Shippers Delinquent on Storage Bills Must Pay $5,000," o
PARALLET MARKET FOREIGN EXCHANGE RATES
Currency Data & Intelligence Inc., New York |
Only table.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 13, '95 - Jan. 5, '96 (a graph) (2)
EGYPT HOPES TO DOUBLE NUMBER OF TOURISTS
Associated Press |
Egypt's tourism minister, Mamdouh el-Beltagui, says the country hopes to attract some 6.3 million to
Maritime
REPRISE - FEBRUARY
JOC Staff |
ENOUGH IS ENOUGH "It is apparent we would need to increase our ($3.8 billion) offer at the (
DEREGULATION IS COMING WITHOUT CONGRESS, WITHOUT LAWS COMPETITIVE PRESSURES BRING CHANGE TO PACIFIC
Peter M. Tirschwell |
The stage is set for 1996 to be one of the most pivotal and transforming years the trans-Pacific oce
LLOYD'S UNDER PRESSURE SETTLING WITH INVESTORS IS SOCIETY'S TOP PRIORITY
Liz Shuker |
Last year's announcement by Asia's shipowners that they would push ahead withplans to set up
CONTAINER SHIPPING IN JEOPARDY
Janet Porter |
Speculative shipbuilding activity that has contributed to so many cyclical troughs in the tanker and
SLOW WAY OR NO WAY US-JAPAN TRADE TIES WILL ONLY IMPROVE AT A GRADUAL PACE, ECONOMISTS SAY
Mark Magnier |
Take a look at almost any trade problem, dispute or structural imbalance in the U.S.-Japan relations
LATIN PORTS BURSTING ECONOMISTS CAUGHT OFF-BALANCE BY LEAPS IN EXPORTS FROM US TO SOUTH AMERICA
Michael Fabey |
Economists and other experts may have to resort to flipping coins, rolling dice or reading entrails
FEAR OF ABANDONMENT? EUROPE WORRIES EVENLY MATCHED TRADE WITH THE US MAY BE TOO GOOD TO BE TRUE
Bruce Barnard |
Trade relations between the United States and the 15-nation European Union are getting boring, and t
REPRISE - JANUARY
JOC Staff |
If a container falls off a cargo ship in the middle of the Indian Ocean and The Journal of Commerce
TRADE TURNAROUND AS THE RUSSIANS EMBRACE CAPITALISM, EXPORTS TO THE US GO SPIRALING UPWARD
Geoff Winestock |
Despite some lingering strategic disputes, Russia and the United States increasingly turned their at
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