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GLOBAL CARGO TRAFFIC JUMPED 16 PERCENT IN JUNE, AIR TRANSPORT GROUP SAYS
John Zarocostas |
Global air freight traffic in June surged by 16 percent over the same month in 1993, the Internation
CONTROLLERS' STRIKE IMPERILS AIR CARGO IN FRANCE
Tara Patel |
Air cargo transport could be disrupted in Southern France if strikes and work slowdowns by air traff
BANKERS TRUST UNIT SELECTED AS BUYER FOR NAVIERAS
Peter M. Tirschwell |
A unit of Bankers Trust was selected Wednesday to privatize the state shipping line Navieras de Puer
TRANSPORT CALENDAR
JOC Staff |
American Warehouse Association. Aug. 4-6. 1994 Marketing Conference. Marriott Chicago Hotel, Chicago
TRANSPORT BRIEFS
Wire and Staff Reports |
W.VA. DRIVERS JOIN PONY EXPRESS STRIKECHARLESTON, W.Va. - Drivers here for Pony Expr
JAPANESE DISCOUNTER CHALLENGES TRADITION
Mark Magnier |
Those who believe Japanese consumers enjoy paying stratospheric prices for everything from suits to
DESPITE ARRESTS, JFK CARGO THEFT HAS DECLINED IN LAST 25 YEARS
William Armbruster |
Despite the arrest of 22 people Tuesday on charges relating to cargo theftsfrom warehouses o
INS SHIFTS ITS POLICY, WILL TAKE STOWAWAYS
Michael S. Lelyveld |
In a major policy change, the Immigration and Naturalization Service said that until further notice,
SHIP BILL ON SENATE LIST BUT NOT NEAR THE TOP
Stephanie Nall |
The Senate finally has maritime reform legislation officially on its list of things to do, but items
TEXTILE FIRMS TO FIGHT FOR ORIGIN RULE CHANGE
Robin Bulman |
Still smarting from the Senate's rejection of a controversial proposal to fundamentallyalter U.S. co
AMTRAK DERAILMENT DELAYS TRAINS ALONG CONRAIL LINE
Gregory S. Johnson |
The derailment of Amtrak's Lake Shore Limited from New York to Chicago that injured 96 people early
PANEL OVERTURNS US DUTY AGAINST CANADIAN LUMBER
John Maggs |
A sharply divided appeals panel on Wednesday overturned $400 million a year in penalty duties impose
CP'S EARNINGS UP MARKEDLY ON SHARP RISE IN RAIL PROFIT
Journal of Commerce Staff |
Led by a sharp rise in rail earnings, Canadian Pacific Ltd. reported second- quarter net profit of C
WITH "DIESEL IN HER BLOOD,' BATTS RETURNS TO TRUCKING
Rip Watson |
Lana Batts, who was a top official at the American Trucking Associations until early 1993, has retur
EXPERTS: RAILWAY MERGERS EASIER TO SECURE UNDER ICC
Lawrence H Kaufman |
Norfolk Southern and Conrail Corp. may find its contemplated merger easier to obtain from the Inters
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +15.567/28 104.67/29 104.78/1
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 3, 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
PEOPLE - TRANSPORT
Wire and Staff Reports |
RESERVE INTERNATIONAL SERVICES INC. (Cleveland) - Michael W. Gelsinger was named executivevice presi
UNITED, LUFTHANSA BEGIN JOINT CARGO SERVICE
Miriam Widman |
United Airlines and Lufthansa German Airlines have launched their first combined cargo effort since
TRANSPORT BRIEFS
Wire and Staff Reports |
5 DIE AS CAR, TRAIN COLLIDE IN WYOMINGDOUGLAS, Wyo. - Five persons were killed when
THE ECONOMY
Bureau of Labor Statistics; Commerce Department; Knight-Ridder |
LEADING INDICATORS Index tracks 11 economic statistics; seasonally adjustedMontly percent ch
JAPAN, RUSSIA PLAN PROJECTS WITH SUPPORT OF EX-IM BANK
Associated Press |
Japanese and Russian companies are planning big projects in Russia with the backing of export credit
TAIWAN SET TO APPROVE BANK DEALS WITH CHINA
Dennis Engbarth |
Overseas branches of four state-owned Taiwan banks soon will be able to deal directly with Chinese b
DIESEL FUEL PRICE RANGES
Comdata Corp., Brentwood, Tenn. / Journal of Commerce |
STATE July 23 July 30 California $1.24
DOLLAR RISES AGAINST YEN, STILL PRESSURED VIA THE MARK
Regina Schleger |
The U.S. dollar climbed through resistance against the yen but remained underpressure agains
SINOPEC WINNING RACE AS CHINA'S TOP OIL FIRM
Reuters |
The past five months have seen many policy changes in China's oil industry, but one strong theme rem
SWISS JOBLESS RATE DOWN TO 4.6 PERCENT
Knight-Ridder Financial |
Switzerland's final unemployment rate in June was unrevised at 4.6 percent, down from 4.8 percent in
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 3, 1994Brent Crude Oil - (Dollars Per Barrel)_
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 3, 1994 Prev. Life of Contr. OpenOpen High L
ENERGY BRIEFS
Wire and Staff Reports |
EMERSON ELECTRIC POSTS RISE IN PROFITST. LOUIS - Emerson Electric Co., a leading mak
US-CHINA GATT TALKS SET TO INTENSIFY WITH CLINTON PROPOSALS
Richard Lawrence |
U.S.-Chinese talks on China's bid to join the General Agreement on Tariffs and Trade or its presumed
Maritime
CHINA GETS MIXED REVIEW ON ECONOMIC PERFORMANCE
P.T. Bangsberg |
China's economic reforms are yielding better results, but the economic struggle continues, the count
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 3, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 3, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
FTC ALLOWS SUN'S PURCHASE OF CHEVRON REFINERY IN PA.
Andrew Maykuth |
The Federal Trade Commission permitted the Sun Co.'s purchase of the neighboring Chevron Philadelphi
TRADE BRIEFS
From Wire and Staff Reports |
US NAMES TARGETS FOR JAPAN SANCTIONSTOKYO - The United States has specified Japan's
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 3, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
UKRAINE TURNS DEAF EAR TO GORE SERMON PUSH TO REFORM ECONOMY DOUBTED
Geoff Winestock |
Vice President Al Gore's message of free market reform to the new president of Ukraine has fallen on
Maritime
QUOTE TO NOTE ON 1944 WARSAW UPRISING:
_ Roman Herzog President of Germany Speaking at ceremonies to |
"I ask for your forgiveness for what Germans did to you."
Maritime
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