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MARITIME BRIEFS
From Wire and Staff Reports |
TANKER, BULKER COLLIDE 200 MILES OFF PORTUGALLISBON, Portugal - An oil tanker and a bulk car
Maritime
Maritime
LOCK OPERATOR SCOFFS AT CRITICS OF TENN-TOM
Associated Press |
The arguments flow on after nine years, much like the currents of the Tennessee-Tombigbee Waterway.<
Maritime
Maritime
LESSORS DISMISS CAVN OFFERS TO HELP RESOLVE UNPAID DEBTS
Peter M. Tirschwell |
In a bid to calm irate marine container lessors claiming unpaid debts of $50 million, officials of a
Maritime
Maritime
MASS. PORT OF FALL RIVER LAUNCHES HAITI CARGO SERVICE
Michael S. Lelyveld |
The Port of Fall River, Mass., inaugurated its first regularly-scheduled cargo service this week wit
Maritime
Maritime
SHIPBUILDING NATIONS AGREE, WITH RESERVATIONS
Tara Patel |
The world's largest shipbuilding countries on Wednesday ushered in a historic agreement to eliminate
Maritime
Maritime
CROWLEY MARITIME IS SELLING SOME UNITS FERRY, HEAVY-LIFT BUSINESS TO GO
WILLIAM DiBENEDETTO |
A maritime company with roots stretching back 100 years to a lone rowboat ferrying passengers and ma
AUTOMOBILES: WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
Maritime
NORTHERN OVEREXPOSURE: US COUNTRY CHANNEL IN CLASH WITH CANADA
John Maggs |
The owners of Country Music Television (CMT) are expected to file a flurry of trade complaints in th
SHIPPERS PREPARED AGAIN TO RESIST PACIFIC RATE RISE
Peter M. Tirschwell |
Importers are gearing up to beat back attempts by Pacific carriers to increase rates by about 20 per
CHOSEN BIDDER ABANDONS PLAN TO BUY NAVIERAS BUYER TIES MOVE TO UNCERTAINTY IN WASHINGTON
Alan Abrams |
Citing legislative uncertainty created by the Republican landslide on Capitol Hill, thechosen bidder
TRANSPORT CALENDAR
JOC Staff |
Transportation Research Forum. Jan. 5. New York chapter meeting. "Freight/ Passenger Service Mix. Pr
CSX INTERMODAL EXPANDS NEW ORLEANS FACILITY
Gregory S. Johnson |
Hoping to boost business and quicken turnaround times for equipment, CSX Intermodal is expanding its
CANADIAN TRUCKERS POISED TO START WORKING IN MEXICO
Gregory S. Johnson |
Slowly, but surely, Canadian motor carriers are opening the door to Mexico as a second trucker from
TRACK PURCHASE AND LEASE LETS CONRAIL SERVE UTILITY
Lawrence H Kaufman |
Consolidated Rail Corp. has purchased and leased more than 30 miles of rail line from CSX Transporta
MANILA RIVAL CEBU BECOMING AN ECONOMIC POWERHOUSE
Cecilia Quiambao |
In 1983, a gunshot heard around the world drove investors out of Manila. Foreign businessmen
JAPAN DRASTICALLY CURTAILS PURCHASES OF US RICE
Peter M. Tirschwell |
After suddenly becoming the largest foreign buyer of U.S. rice this yearbecause of a disastr
EMERY TO USE WORLD FLIGHTS INTO BRAZIL
Journal of Commerce Staff |
Seeking to overcome a shortage of air-cargo capacity into Brazil, Emery Worldwide has signed an agre
KITTY HAWK FREIGHT LINE POSTPONES PUBLIC OFFERING
Brian Johns |
Kitty Hawk Inc., the Dallas-based air freight company, has postponed an initial public offering it h
JOURNAL OF COMMERCE - FAST FACTS TOP TURKEY-PRODUCING STATES
National Turkey Federation, Reston, Va. |
N. Carolina 61.0 Minn. 42.5Ark. 25.0Va. 22.5Calif.
STACK PLAN DEAD, CONRAIL REVIEWING MASS. NETWORK
Michael S. Lelyveld |
Consolidated Rail Corp., angered by the Massachusetts Legislature's decision to scrap a double-stack
TRANSPORT BRIEFS
From Wire and Staff Reports |
PENA AGAIN PROTESTS EU AIRLINE SUBSIDIESU.S. Department of Transportation Secretary Federico
W. VA. TRUCKER FILES SUIT OVER DEREGULATION LAW
Rip Watson |
Motor carriers in West Virginia and Illinois have filed separate challenges to the new federal law t
EU COMMISSION FINES FEFC LINES FOR "ILLEGAL' INLAND-RATE SETTING
Bruce Barnard |
The European Commission on Wednesday imposed nominal fines totaling $158,000 on 13 European and Asia
CHINA FINALLY BUYS US WHEAT, SOUNDS BELL FOR MORE SPECULATION
Knight-Ridder Financial |
After months of anticipation, speculation, hope and downright hype, China has purchased U.S. wheat.<
CHINA SELECTS 3 US FIRMS TO FUEL POWER EXPANSION ENERGY PACTS PROLIFERATE
P.T. Bangsberg |
Three U.S. companies are the latest to benefit from China's insatiable need for more power, in one c
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 15, '93 - Nov. 29, '94 (a graph) (2
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
EGYPT MOVES TO EASE CRISIS IN SUGAR SUPPLYCAIRO, Egypt - Egypt announced this week that it w
CHINA BANS CORN, RICE EXPORTS IN BID TO CURB PRICES
Reuters |
China announced on Wednesday an immediate ban on exports of rice and corn in its most sweeping move
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 21, 1994 (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
CHINA PLEDGES CONTINUED REFORMS DESPITE FAILED TALKS WITH GATT
P.T. Bangsberg |
While expressing "deep regret" at the failure of its bid to rejoin the General Agreement on Tariffs
Maritime
Maritime
RECOVERY CONTINUES IN GERMANY
Knight-Ridder Financial |
Germany's economic recovery continues to gather momentum, the Bundesbank said in its December report
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 21, 1994 Quotations are based on prices reported in the market or obtained
CANADA'S PROSPECTS GOOD, DEFICIT ASIDE, OECD SAYS
Leo Ryan |
A bullish outlook for the Canadian economy offered this week by the Organization for Economic Cooper
Maritime
Maritime
DOLLAR'S RANGE NARROW OTHER CURRENCIES ON STAGE
Knight-Ridder Financial |
The U.S. dollar, succumbing to pre-Christmas doldrums, moved in a very narrow trading range against
US CUSTOMS BOOSTS EFFORT TO COUNTER TRADE FRAUD
Milan Ruzicka |
The U.S. Customs Service, armed with new data-processing capabilities and dozens of additional enfor
Maritime
Maritime
SUTHERLAND STAYING ON AS LEADER OF WTO DURING '95 TRANSITION
Associated Press |
Peter Sutherland will head the World Trade Organization for at least 10 weeks while the search conti
Maritime
Maritime
OUTPOURING OF WORLD AID SET TO WASH OVER HAITI
Richard Lawrence |
The stage is set for an outpouring of international aid to Haiti, much of it to finance imports and
Maritime
Maritime
OBSCURE JAPANESE AGENCY IS FORUM FOR FOREIGN FIRMS
Brian Johns |
When Harley-Davidson wanted to export motorcycles to Japan, it had a problem - safety regulations ef
Maritime
Maritime
QUOTE TO NOTE ON U.S. MERCHANT FLEET:
_ Joel E. Bem President, District No. 1 Marine Engineers |
"The U.S.-flag fleet is well on its way to dying a death of a thousand cuts, taking with it scores o
Maritime
Maritime
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