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ROADWAY TO SPIN OFF UNIONIZED SUBSIDIARY ANNOUNCEMENT SHAKES INDUSTRY
Chris Isidore |
Roadway Services Inc. shook the trucking industry Wednesday announcing it will spin off Roadway Expr
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 23, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FIRST BANK TO BUY CORPORATE TRUST
Knight-Ridder Financial |
First Bank System Inc. said it has agreed to buy the corporate trust business of BankAmerica Corp. T
THESE BRIEFS MAY GO TO COURT UNDERWEAR FIGHT MOVES CLOSER TO WTO REVIEW
Paula L. Green |
A U.S. clash with two tiny Caribbean nations over global trade in boxer shorts and panties is now on
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 24, '94 - Aug. 23, '95 (a graph) (2
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TRANSFER OF FUNDS THREATENS PORTS' RATINGS S&P, MOODY'S TO TAKE LONG LOOK AT LA, LONG BEACH
Bill Mongelluzzo |
Recent funds transfers from the ports of Long Beach and Los Angeles to their respective cities could
Maritime
AID AGENCY'S FUTURE SAID TO HINGE ON APPROPRIATION BY CONGRESS US FIRMS JOIN PRO-IDA EFFORT
Richard Lawrence |
Congress must appropriate at least $800 million this year for the World Bank's International Develop
Maritime
KOBE PORT TO HOLD TWO-MONTH FESTIVAL
Journal of Commerce Staff |
The Kobe Chamber of Commerce and Industry said the Port of Kobe will hold a ''Cheer Up Kobe Port-Rec
Maritime
ROMANIA'S SHIPYARDS LOOK TO THE WEST
Michele Kayal |
The Romanian government launched a $100 million restructuring of its shipbuilding industry designed
Maritime
NORTHWEST-KLM AGREEMENT SEEN BOON FOR INDIAN EXPORTS
Special to The Journal of Commerce |
An alliance for India between Northwest Airlines and KLM Royal Dutch Airlines is expected to enhance
TRANSPORT CALENDAR
JOC Staff |
Intermodal Association of North America. Aug. 27-30. Summer intermodal conference. San Francisco. Co
MARITIME BRIEFS
From Wire and Staff Reports |
SIX HURT, TWO MISSING IN EXPLOSION ON BULKERBRASILIA, Brazil - An explosion aboard a
Maritime
RUSSIAN PRODUCERS DISPLAY LATEST ATTACK JETS, HELICOPTERS
Reuters |
Russian plane makers Tuesday unveiled new military aircraft at the Moscow International Air Show, in
TRANSPORT BRIEFS
From Wire and Staff Reports |
INDIAN RAIL OFFICIAL LASHES OUT AT NEGLECTNEW DELHI, India - Indian railway officials on Wed
ICC SIGNS OFF ON MERGER OF BN, SANTA FE
Rip Watson |
The Interstate Commerce Commission Wednesday issued its final approval of the landmark merger of the
IATA RIPS CANADA'S PLAN TO IMPOSE OVERFLIGHT FEES
Leo Ryan |
The International Air Transport Association Wednesday condemned a Canadian government plan to impose
US TAPS 3 CHARTER COMPANIES TO AIRLIFT TROOPS TO KUWAIT
Lisa Burgess |
The Pentagon has selected three commercial air charter companies to help rush more than 1,400 troops
FAA GIVES JAL A CHANCE TO EXPLAIN UNAUTHORIZED WORK ON US PLANES
Lisa Burgess |
The Federal Aviation Administration has postponed a planned suspension of Japan Airlines' authority
PEOPLE - TRANSPORT
From Wire and Staff Reports |
GUNDERSON INC. (Portland, Ore.) - Thomas J. Sass is the new senior vice president of manufacturing f
CHINA EXPECTED TO BECOME ASIA'S TOP OIL CONSUMER
P.T. Bangsberg |
China will be the largest consumer of petroleum products in Asia by 1997, officials say, with averag
TRANSPORT BRIEFS
From Wire and Staff Reports |
FEDEX OFFICIAL PUSHES US-JAPAN OPEN SKIESFederal Express Corp. chairman Frederick W. Smith r
DECISION POSTPONED ON EMISSIONS PLAN
Knight-Ridder Newspapers |
A bitter fight over whether utilities should be allowed to spend millions ofdollars on low-e
INDONESIA OPPOSES COCOA RETENTION PROPOSAL
Reuters |
Indonesia opposed on Wednesday a Brazilian proposal for a cocoa retention program aimed at bolsterin
ASIAN DEMAND FOR LOW-SULFUR DIESEL EXCEEDS REGION'S ANTICIPATED SUPPLIES
Reuters |
Asia's low-sulfur diesel supplies are not expected to catch up with demand, at least in the medium t
PHILIPPINE NATIONAL OIL TO PROCEED WITH NAPHTHA CRACKER PROJECT
Reuters |
State-owned Philippine National Oil Co. has vowed it will go ahead with a $600 million naphtha crack
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
TAIWANESE FIRM EYES NORTH SLOPE CRUDETAIPEI, Taiwan - Taiwan's Chinese Petroleum Cor
API WEEKLY REPORT US CRUDE OIL STOCKS DECLINE
Journal of Commerce Staff |
U.S. crude oil inventories fell by 8.4 million barrels during the week ended Aug. 18 compared with t
CYANIDE-LADEN EFFLUENT TURNS RIVER INTO DISASTER
Reuters |
Guyana declared the Essequibo River basin an environmental disaster zone as a deadly cyanide-laden e
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 23, 1995 Prevailing sellers' posted prices at the close of business, represen
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
ALBERTA WHEAT POOL TO SELL STAKE IN BREWERWINNIPEG, Manitoba - The Alberta Wheat Poo
USDA SEES HUGE HARVEST FALLING SHORT OF '94 RECORD FLOODS, HEAT REDUCE YIELDS
Paul F. Conley |
Despite the floods, despite the heat, another massive harvest is about to begin. Although 12 percent
US ENERGY SECRETARY POWERS UP SOLAR PANEL PLANT IN S. AFRICA
Reuters |
U.S. Secretary of Energy Hazel O'Leary opened a factory that will produce solar panels to provide el
SIEMENS UNIT BOOSTS STAKE IN RUSSIAN FIRM
Knight-Ridder Financial |
Power Generation Group, known as KWU, a subsidiary of Germany's Siemens AG, has expanded its stake i
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 23, 1995 Quotations are based on prices reported in the market or obtained from s
SPOT COMMODITIES
JOC Staff |
Aug. 23, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 239.37 off 0.55 w
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 23, 1995Brent Crude Oil - (Dollars Per Barrel)
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
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