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MARITIME BRIEFS
Wire and Staff Reports |
RIO PORT WORKERS END TWO-DAY STRIKESAO PAULO, Brazil - Port workers at the Port of R
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
PILOTS' WILDCAT STRIKE GROUNDS ALITALIA FLIGHTSROME - Italy's state airline, Alitali
MARITIME GROUP TAKES ON SENATE STOWAWAY LEGISLATION
Michael S. Lelyveld |
A maritime group is fighting legislation advancing through the Senate that would make carriers respo
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 14, 1995 Prev. Life of Contr. OpenOpen High
CANADA'S OVERFLIGHT FEE PLAN COMES UNDER HEAVY CRITICISM
Leo Ryan |
A government proposal to levy fees on foreign flights crossing Canadian airspace ran into heavy flak
HOUSE PANEL DEALS BLOW TO AMTRAK RESTRUCTURING
William L. Roberts |
House Republican leaders pushing for reforms at Amtrak lost several key votes in a Transportation an
LONG BEACH BUILDS 4TH RAILYARD TO COPE WITH INTERMODAL CARGO
Bill Mongelluzzo |
The surge in intermodal cargo at Long Beach is generating construction of a fourth on-dock rail tran
FREIGHTLINER RETAINS LEAD AS TRUCK SALES FLOURISH
Michael S. Lelyveld |
Freightliner Corp. continued to top the heavy-truck market as manufacturers posted record May sales,
TRANSPORT BRIEFS
Wire and Staff Reports |
CLINTON'S BUDGET CUTS LIKELY TO MATCH GOP'SWASHINGTON - The budget plan outlined by
FRANCE SEEKS TO HEAD OFF AIR DEALS BETWEEN EUROPEAN COUNTRIES AND US
Tara Patel |
The French government next week will try to convince its European partners to drop bilateral aviatio
MORE US GRAIN MIGHT MOVE VIA CP RAIL
Knight-Ridder Financial |
U.S. companies have been moving U.S. grain along CP Rail System could boost their use of the Canadia
ANALYSTS: SUCCESS MAY SPOIL YELTSIN FOR G-7 DEALINGS
Michael S. Lelyveld |
A string of recent Russian successes may make it harder for the West to deal with President Boris N.
KCS GETS ICC NOD TO CONSTRUCT RAIL LINE
Journal of Commerce Staff |
Kansas City Southern Railway Co. has taken a giant step to its goal of building its own track into a
TRAFFIC DECLINE PROMPTS CONRAIL TO CUT 600 JOBS
Rip Watson |
Conrail Inc. is cutting nearly 600 jobs on July 1 as part of a broad belt- tightening response to sh
WORLDWIDE NETWORK PLAN
Allen R. Wastler |
Hanjin Shipping Co., Cho Yang Line, and DSR Senator Line are joining forces to form a worldwide serv
US AND JAPAN COOL RHETORIC, SET NEW CAR TALKS HOPE RENEWED ON BEATING SANCTIONS DEADLINE
Mark Magnier |
The United States and Japan took a first step Wednesday toward breaking the auto trade impasse when
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 14, '94 - June 14, '95 (a graph) (2
COST OF CREDIT
JOC Staff |
Wednesday, June 14, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FEDEX DELAYS PLANS TO BUILD SUBIC BAY HUB
William Armbruster |
Federal Express Corp. said it's postponing the official opening of its new cargo hub at Subic Bay in
PRODUCERS TO RAISE SODA ASH PRICES 5-YEAR DECLINE CITED
Associated Press |
Price rises recently announced by five of the six American natural soda ash producers were not desig
US, EU OFFICIALS TO DEVELOP ECONOMIC, POLITICAL INITIATIVES
Journal of Commerce Staff |
The United States and the 15-nation European Union expect to develop within six months a "concrete,
QUOTE TO NOTE ON CURRENCY INSTABILITY:
Andrew Crockett |
"I do not think there is any great support for trying to establish a system of exchange targets or t
Maritime
US MAY DROP GLOBAL TALKS ON FINANCIAL SERVICES TRADE
John Maggs |
The United States is leaning toward abandoning global talks on trade infinancial services so
Maritime
BUCHAREST FINALLY TO GET MCDONALD'S
Reuters |
The Big Mac finally makes it to Bucharest this week when McDonald's Corp. opens its first restaurant
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 14, 1995 Quotations are based on prices reported in the market or obtained from s
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TASK FORCE TO URGE EU TO DUMP USELESS LAWS
Bruce Barnard |
The European Union is being urged to declare war on red tape and to scrap regulations that prevent c
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SENATE BACKS PRESIDENT ON TELECOM SALE RULESWASHINGTON - The Senate has approved an
Maritime
SPOT COMMODITIES
JOC Staff |
June 14, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 14, 1995Brent Crude Oil - (Dollars Per Barrel)
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 232.68 off 0.08 w
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: U.S. Department of AgricultureForeign Agricultural Service<
Maritime
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
GRAIN IMPORTS LIKELY TO SOAR IN CHINA OVER NEXT 5 YEARS
Reuters |
China's grain imports are expected to nearly triple in the next five years to record levels, accordi
SULLOM VOE CRUDE EXPORTS RISE 68 PERCENT
Knight-Ridder Financial |
Crude-oil exports from the U.K. Sullom Voe oil terminal rose by 68 percent in the week ending Tuesda
STUDY: EUROPE'S COMPANIES FEEL OVERREGULATED
Reuters |
European companies face too many regulations, many of which are badly drafted and enforced, accordin
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CITIBANK BUYS T-BILLS IN 1ST VIETNAMESE SALEHANOI, Vietnam - U.S. banking giant Citi
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 14, 1995 Prevailing sellers' posted prices at the close of business, represen
BALTIC FREIGHT INDEX
JOC Staff |
1983 (June 14, 1995) Previous day - 1987 The Baltic International Freight Futures Market in
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 14, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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