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NEW THAI PORT CHIEF SEES BIG IMPROVEMENTS BY '97
P.T. Bangsberg |
Ports in Thailand, long known for inefficiency, congestion and corruption, will be brought up to int
Maritime
FROM SECONDARY FACILITY TO EUROPEAN HUB, MILAN PUSHES NEGLECTED MALPENSA AIRPORT
P.K. Semler |
After its starring role at the European Union summit held in Essen last month, Milan's airport autho
NATIONS BATTLE OVER DETAILS OF STRENGTHENING RAIL LINK
Miriam Widman |
A better transport link among Germany, Italy and neighboring Austria is needed. National gov
PRIORITY LIST LEAVES FRENCH SHIPPERS STRANDED
Tara Patel |
France's slice of the European transport mega-projects recently elevated to priority status has disa
COURT EMPOWERS ICC TO ENFORCE TRUCK TARIFF CREDIT REGULATIONS
Stephanie Nall |
In a decision that effectively erases hundreds of undercharge claims and millions of dollars in clai
US INVESTORS BUY 25.5 PERCENT STAKE IN TRINIDAD AIRLINE
Special to The Journal of Commerce |
A group of U.S. investors has become the main shareholders in Trinidad and Tobago's state-owned inte
LINES SCURRY TO CLEAR BACKLOG OF CARGO AT NEWARK AIRPORT
William Armbruster |
Continental Airlines and other carriers serving Newark International Airport scrambled Tuesday to mo
RAIL LINK BETWEEN ROTTERDAM, GERMANY HINGES ON REPORT
Bruce Barnard |
The fate of a $4 billion rail-freight corridor connecting the world's biggest port, Rotterdam, to th
GREENBRIER POSTS JUMP IN QUARTERLY PROFIT
Journal of Commerce Staff |
Cos. reported a 68 percent increase in earnings, to $3.1 million, or 22 cents a share, for the first
PESO'S PROBLEMS DELAY TRINATIONAL TRUCKING MEET
Kevin G. Hall |
The unexpected December devaluation of the peso has claimed a victim in January, as a trinational No
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 30, '93 - Dec. 9, '94 (a graph) (2)
MEXICO MARKETS IN TURMOIL AS PESO PLUNGES, RATES HEAD UP
Reuters |
Mexican financial markets fell into chaos Tuesday as interest rates soared and the peso crumbled des
SANTA FE REALIGNS STAFF FUNCTIONS HAGBERG GETS MORE RESPONSIBILITY
Journal of Commerce Staff |
The Atchison, Topeka and Santa Fe Railway Co. realigned its staff functions Monday, shifting additio
UNION PACIFIC SHAKES UP MANAGEMENT AT OVERNITE
Chris Isidore |
Union Pacific Corp. announced a shake-up in management at Overnite Transportation Co. on Tuesday, ta
INSIDE TALK - LARRY KAUFMAN DISQUIETING SILENCE FROM UNION PACIFIC'S BETHLEHEM OFFICE
Larry Kaufman |
With Santa Fe Pacific Corp. shareholders scheduled to vote in a little more than two weeks on the pr
TRANSPORT BRIEFS
From Wire and Staff Reports |
UPS STEPPING UP DELIVERIES OF 767SEVERETT, Wash. - United Parcel Service is taking delivery
VIETNAM PLANS TO CONTINUE CONTROLS OVER THE MEDIA
Reuters |
Vietnamese Prime Minister Vo Van Kiet has served notice that the government has no plans to release
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, Jan. 10, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DOLLAR STEADY ON US WHOLESALE PRICE DATA
Knight-Ridder Financial |
The U.S. dollar was little impressed Tuesday by news that U.S. producer prices rose 0.2 percent in D
EU QUOTAS ON BANANAS HURT US BUSINESSES, KANTOR FINDS
Keith M. Rockwell |
The United States has taken a step toward imposing hundreds of millions ofdollars in trade s
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
US, JAPAN FIND COMMON GROUND ON ACCESS TO PENSION FUND MARKET
Reuters |
Japan and the United States Tuesday reached agreement in talks on financial services, allowing forei
JOFC INDUSTRIAL PRICE INDEX REACHES 52-WEEK HIGH AT 114.4
Journal of Commerce Staff |
For the third straight day, The Journal of Commerce Industrial Price Index Tuesday hit another high.
CHINA SHREWDLY TARGETS CARMAKERS, HOPING TO AVOID COLLISION WITH US
P.T. Bangsberg |
By specifically including U.S. automotive firms on its retaliation list in the event of American tra
Maritime
BUSINESS CONFIDENT WASHINGTON, BEIJING WILL AVERT TRADE WAR
Reuters |
U.S. business people are optimistic a trade war between Washington and Beijing can be averted despit
Maritime
CALIF. PORTS, RAILROADS SAY WEATHER CAUSING LITTLE DISRUPTION
Brian Johns |
Despite more than a week of rain and an unrelenting series of Pacific storms, transportation compani
FINANCING TRADE - MILAN RUZICKA S. KOREAN GOVERNMENT MAPS PLAN TO LIBERALIZE FOREIGN EXCHANGE RULES
Milan Ruzicka |
The South Korean government, in an attempt to "internationalize" its economy, has drawn-up a five-ye
Maritime
WORK SLATED TO BEGIN THIS YEAR ON S. CHINA'S 2ND NUCLEAR PLANT
P.T. Bangsberg |
Work will begin this year on a second nuclear power plant in southern China, officials said Tuesday,
INDONESIA TURNS TO SINGAPORE FOR INVESTMENT IN INFRASTRUCTURE
Associated Press |
Indonesia on Tuesday asked businessmen from prosperous neighbor Singapore to help in the development
Maritime
FARM CUTS, STILL UNDEFINED, MAY BE DEEP, DOLE SAYS
Knight-Ridder Financial |
Congressional efforts to trim federal spending this year could lead to ''deep" cuts in U.S. Departme
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 10, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
Jan. 10, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
ENRON BUYS CALIF. LAND FROM ATLANTIC RICHFIELDNEW YORK - Enron Oil & Gas Co. bought
QUOTE TO NOTE ON PESO CRISIS:
Andrew Reding |
"It is now all the more urgent for (Mexico's President Ernesto) Zedillo to accelerate political refo
Maritime
TRADE BRIEFS
Wire and Staff Reports |
NAFTA OPPONENTS FILE BILL SEEKING REPEALHouse opponents of the North American Free Trade Agr
Maritime
PEOPLE - ENERGY
From Wire and Staff Reports |
FLORIDA POWER & LIGHT CO. (Juno Beach, Fla.) - Paul J. Evanson was elected president of the utility,
PFIZER SIGNS A DEAL WITH CHINESE TO EVALUATE TRADITIONAL REMEDIES
Associated Press |
Pfizer Inc., one of the nation's largest pharmaceutical companies, will study traditional Chinese he
QATAR TO SELL LNG TO TURKEY FOR 25 YEARS
Knight-Ridder Financial |
Qatar will sell to Turkey 2 million metric tons of liquefied natural gas annually over a 25-year per
SPOT PRODUCT PRICES
JOC Staff |
Jan. 10, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
WTO DEADLOCK COULD WRECK CURRENT CANDIDATES' HOPES
John Zarocostas |
The three formal candidates in the race for the top global-trade post might have to bow out in favor
Maritime
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