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ANALYSTS SAY AUTO DEAL AVERTS CRISIS BUT WON'T CHANGE DOLLAR TREND
Gordon Platt |
The United States not only averted a trade war with Japan Wednesday, but it also headed off an incip
Maritime
CORRECTIONS
JOC Staff |
* The story headlined "NY-NJ Port Agency Chief Sings Praises of Privatization," which appeared on Pa
MARITIME CALENDAR
JOC Staff |
Display of Finely Detailed Ship Models. Through December. New York. Models representing ships from t
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, June 28, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
OUTLOOK MIXED FOR GORE-CHERNOMYRDIN MEETING RUSSIAN-IRANIAN REACTOR DEAL LIKELY TO PROCEED
Michael S. Lelyveld |
Hopes for a breakthrough in U.S.-Russian relations are mixed as three days of talks chaired by Vice
Maritime
FEAST OR FAMINE: CUSTOMS INVESTIGATES GARLIC SMUGGLING AS DUTIES ERODE STOCKS
Peter M. Tirschwell |
Stiff anti-dumping duties imposed last year on fresh garlic from China have brought stability to the
Maritime
SPANISH GDP INCREASES 3.1 PERCENT
Knight-Ridder Financial |
Spain's first-quarter gross domestic product was up 3.1 percent in real termsfrom the same q
US TELECOM FIRMS SUBMIT BIDS IN INDIA
Special to The Journal of Commerce |
After clearing one legal hurdle, the first envelopes were opened to confirm that several U.S. compan
Maritime
ASAHI MAKES DEAL TO BRING MILLER BEER TO JAPANESE
Mark Magnier |
Asahi wants Japanese consumers to say, "It's Miller time." Asahi Breweries Ltd. and Miller B
Maritime
QUOTE TO NOTE ON SHIPPING RATE HOSTILITIES:
_ Al Mazzarella |
"Let the rate wars start."
Maritime
REVAMPED INSURANCE SYSTEM URGED FOR CHINA'S FARMERS LEGISLATIVE PANEL STUDYING CHANGES
P.T. Bangsberg |
China is in urgent need of a revised legal framework governing insurance for its 900 million farmers
FRENCH TRANSPORT INSURERS: '94 CLAIMS SLOWED UPTURN
Tara Patel |
An exceptionally large number of marine and aviation casualties last year impeded the financial reco
PROTESTS TO GREET APL'S FOREIGN-FLAGGED SHIP
Peter M. Tirschwell |
Seafaring unions protesting foreign safety requirements and job issues will greet American President
Maritime
LEGAL INSURANCE SERVICES INCREASING IN POPULARITY AMONG THE LAWYER-NEEDY
Wire and Staff Reports |
Legal problems cannot be anticipated, and how to handle them can be an even bigger hassle. H
APPROPRIATIONS PANEL CHOPS COMMERCE, TRIMS FMC AND MARAD BUDGETS
William L. Roberts |
A House appropriations subcommittee, sparing trade promotion programs, took a meat ax to the Commerc
Maritime
GROWTH OF REEFER CARGO CALLED A CHALLENGE FOR INSURERS
Michael Fabey |
Claims handlers and cargo insurers are looking to keep claims down while refrigerated shipments keep
INSURANCE CHIEF EXECUTIVES RANK 2ND IN SALARY SURVEY
Margo D. Beller |
Chief executives in life and property/casualty insurance companies received the second-highest salar
READY RESERVE SHIP SETS SAIL FOR ADRIATIC
Lisa Burgess |
At the direction of the Joint Chiefs of Staff, the first U.S. Ready Reserve Force ship set sail Wedn
Maritime
INS DELAYS REPORT ON DETAINEE RIOT
Associated Press |
A report on what caused the June 18 riot at the Esmor Immigration Detention Center in Elizabeth will
Maritime
MARLIN: PORT AUTHORITY SALE OF PROPERTY TO HELP PORT
Alice Cantwell |
Proposed divestiture and privatization of properties owned by the Port Authority of New York & New J
Maritime
PRO-CONFERENCE ESSAY WINS THE CROWLEY SCHOLARSHIP
Journal of Commerce Staff |
Tyler Van Spanje, a midshipman at the California Maritime Academy, received the second annual Thomas
Maritime
SEATTLE PURSUES EXPANSION BUT MAY TRIM SOME SERVICES HARBOR ISLAND STUDIES TO PROCEED
WILLIAM DiBENEDETTO |
The Port of Seattle is continuing its terminal-expansion binge, but officials this week signaled the
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
ANERA WITHDRAWS PLAN FOR FUEL SURCHARGESAN FRANCISCO - Shipping lines in the Asia No
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1999 (June 28, 1995) Previous day - 2002 The Baltic International Freight Futures Market in
Maritime
CALIF. AIRPORTS, AIRLINES STEP UP SECURITY MEASURES
William Armbruster |
Airlines and airports in California stepped up their security procedures Wednesday following a threa
FREIGHT RATE FUTURES
JOC Staff |
June 28, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LTL CARRIERS FACE TWO-PRONGED THREAT PARCEL, TRUCKLOAD FIRMS CHANGE FACE OF MARKET
Gregory S. Johnson |
With a shift in traffic patterns, less-than-truckload carriers are squeezed on two fronts: by parcel
ICC DENIES THREE-COUNTY BID TO EXPAND COMMERCIAL ZONES BORDERING MEXICO
Lisa Burgess |
The Interstate Commerce Commission has denied a petition by three counties bordering Mexico requesti
2 FIRMS WANT TO COMPETE WITH PHILIPPINE AIRLINES
Cecilia Quiambao |
Two local companies are seeking government approval to fly Asian routes in direct competition with f
API WEEKLY REPORT CRUDE OIL, GASOLINE STOCKS DECLINE
Journal of Commerce Staff |
U.S. inventories of crude oil fell by 6.2 million barrels during the week ended June 23, compared wi
Maritime
2 TNT FREIGHTWAYS UNITS WILL MERGE TO FORM FULL-SERVICE LOGISTICS PROVIDER
Journal of Commerce Staff |
TNT Freightways Corp. is merging its two logistics subsidiaries into a single unit. Nationwi
TRANSPORT BRIEFS
Wire and Staff Reports |
MK RAIL SEEKS BUYER AS SHAREHOLDER BOWS OUTPITTSBURGH - MK Rail Corp., the locomotiv
TAIWANESE DELEGATION TO US SEEKS HIGH-TECHNOLOGY DEALS
Knight-Ridder Financial |
Taiwan will send a delegation to the U.S. today to promote high-tech cooperation, particularly in th
CHINA NEGOTIATES TO OPEN UP COAL PROJECTS TO FOREIGN INVESTORS
Gene Linn |
China's Coal Ministry is negotiating with foreign firms as it prepares to open the industry to direc
INDIA'S ENRON DISPUTE UPSETS FOREIGN INVESTORS
Reuters |
The controversy over India's biggest power plant, which is being built by Enron Development Corp. of
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday June 28, 1995 Prevailing sellers' posted prices at the close of business, represen
USDA PROPOSES MAJOR REFORMS TO 60-YEAR-OLD POLICY ON MILK
Reuters |
U.S. Agriculture Secretary Dan Glickman has proposed substantive changes in the nation's 60-year-old
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
NIGERIA MAY BAN FIRMS INVOLVED IN WARRI REFINERYLONDON - Nigeria's government is con
PANEL OKS PLAN TO BLOCK MEAT TEST UPGRADE
Knight-Ridder Financial |
The House Appropriations Committee has approved, by a vote of 26-15, a plan to block the Clinton adm
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