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US DOLLAR FALLS AGAINST YEN, EDGES HIGHER ON DEUTSCHE MARK
Jon E. Hilsenrath |
The U.S. dollar was mixed in dull May Day trading Monday as the latest batch of economic reports fai
WORLD'S AIRPORTS REGISTER 14 PERCENT RISE IN CARGO FOR JANUARY
Special to The Journal of Commerce |
The world's airports recorded a 14 percent increase in cargo volume for January, compared with the s
AIR CARGO OFFICIAL TO SHIPPERS: BRACE FOR A CAPACITY CRUNCH
William Armbruster |
Shippers will face growing capacity shortages as they seek airlift for their exports and imports, ac
NO. 2 CARGO EXECUTIVE QUITS AMERICAN AIRLINES
William Armbruster |
Steve Leonard, the No. 2 cargo executive at American Airlines for more than three years,left the car
CSX TO BOOST SPENDING 11 PERCENT TO UPGRADE TRACK, FLEET
Journal of Commerce Staff |
CSX Transportation Inc. announced it was increasing capital spending by 11 percent, to $715 million,
BMWE PRESSES INDIVIDUAL RAIL TALKS FOLLOWING COURT RULE BANNING STRIKE
Rip Watson |
The Brotherhood of Maintenance of Way Employes is pressing its bid to conduct negotiations with indi
ON THE EDGE - CHARLES THURSTON US LAGS IN PROVIDING TRADE DATA TO THE UN BUT ISN'T WORST OFFENDER
Charles Thurston |
The United Nations is selling first-quarter 1995 international trade data from a handful of countrie
Transport, Trade and Regulation News
TRADE BRIEFS
Wire and Staff Reports |
BORDER DISPUTES HALT HAITI-DOMINICAN TRADESANTO DOMINGO, Dominican Republic - Trade
Maritime
APL ENTERS JOINT VENTURE TO MAKE LIGHTWEIGHT BOXES
Peter M. Tirschwell |
American President Lines and two other companies have formed Ultralite Container Corp., a joint vent
Transport, Trade and Regulation News
QUOTE TO NOTE ON AIRPLANES AND AIRPORTS:
_ Pierre Jeanniot |
"When it comes to filling airplanes, this industry can have a time horizon of 20 hours or less, but
Maritime
PEOPLE - CHEMICALS
Wire and Staff Reports |
SOLVAY INTEROX (Houston) - Peter Lai was appointed vice president, international business developmen
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
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: U.S. Department of AgricultureForeign Agricultural Service<
Maritime
OMANI FIRM TO INVITE BIDS FOR GAS-LIQUEFACTION PLANT
Reuters |
Oman Liquefied Natural Gas Co. will invite companies to bidfor a $2 billion gas-liquefaction plant W
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
MEXICO FREES GAS INDUSTRY FOR INVESTMENT
Reuters |
Mexico's Congress has passed a law allowing national and foreign investors into the transportation,
MOBIL SUPPORT STAFF TO TAKE A HIT DOWNSTREAM JOBS ALSO BEING PARED
Knight-Ridder Financial |
Mobil Corp. said Monday it will cut about 4,000 of its 14,500 worldwide staff-support employees as p
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
UK COMPANY MAKING CONVERTERS IN MEXICOU.K. precious-metals group Johnson Matthey has announc
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months. The Journal of Commerce assumes
Maritime
UN AGENCY SAYS CHINA INFLATION WILL DROP TO LESS THAN 10 PERCENT
Reuters |
China's inflation rate is on a downward trend and will drop to less than 10 percent next year, a U.N
Maritime
THAILAND APPROVES $3.4 BILLION PROGRAM FOR PETROCHEMICALS
Ron Corben |
Thailand's Board of Investment approved an 83.4 billion baht ($3.4 billion) expansion program for th
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 1, 1995 Prev. Life of Contr. OpenOpen High Lo
USDA MAY USE FARM BILL TO RAISE ETHANOL DEMAND
Knight-Ridder Financial |
The USDA may take advantage of the 1995 farm bill to try to boost demand for ethanol, which was deal
LOCAL CHINESE GOVERNMENTS URGED TO BOOST ENERGY FUNDING
Knight-Ridder Financial |
China is trying to coax local governments to invest more funds in power projects, and investment ban
Maritime
GASOLINE PRICES
JOC Staff |
May 1, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premi
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
US RIG COUNT FALLS; CANADIAN TOTAL RISESHOUSTON - Drilling activity slipped last wee
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 1, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 234.69 off 0.77 wh
SPOT PRODUCT PRICES
JOC Staff |
May 1, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
TIG HOLDINGS TO BUY ADDITIONAL STOCK
JOC Staff |
TIG Holdings Inc. plans to buy an additional 1.3 million shares of common stock for a total of 3.8 m
INSURANCE EARNINGS
Wire and Staff Reports |
JEFFERSON-PILOT CORP. SEES ITS NET RISE 5.1 PERCENTGREENSBORO, N.C. - Jefferson-Pilo
INSURANCE BRIEFS
Wire and Staff Reports |
NORTHWESTERN NATIONAL LAYS OFF 100 EMPLOYEESBROOKFIELD, Wis. - About 100 Northwester
BALTIC FREIGHT INDEX
JOC Staff |
2352 (May 1, 1995) Previous day - 2347 The Baltic International Freight Futures Market in Lo
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 1, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
AS SOLVENCY TEST LOOMS, LLOYD'S FUND "SEVERELY STRAINED'
Liz Shuker |
Lloyd's of London's central fund - used to meet insurance claims when investors fail to pay their lo
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Apr. 28, 1995.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
LONDON TUBE OWNER FORMS CAPTIVE FIRM ON GUERNSEY
Special to The Journal of Commerce |
London Transport, the public owner and operator of the London Underground system, has become the lat
BONN INTENSIFIES ITS CALL FOR A FREE BARGE MARKET
Bruce Barnard |
Germany is stepping up pressure on the European Union to create a single barge market by outlawing c
Maritime
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