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CONOCO LAYS OFF 370 EMPLOYEES IN EXPLORATION AND PRODUCTION
Houston Chronicle |
The oil patch was hit with another round of job cuts as Houston-based Conoco laid off 370 employees
ENERGY BRIEFS
Wire and Staff Reports |
ANADARKO-LED GROUP STRIKES OIL IN SAHARAHOUSTON - A consortium led by Houston's Anad
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 17, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
IN FACE OF US BAN, INDIA CALLS FOR FIRE-SAFETY TESTS ON SKIRTS
Hari Ramachandran |
India has told textile exporters to put rayon skirts through a test of fire to persuade Americans to
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 17, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BALTIC FREIGHT INDEX
JOC Staff |
1507 (Aug. 17, 1994) Previous day - 1505 The Baltic International Freight Futures Market in
Maritime
EAST EUROPEAN TRADE LEADS
Supplied by the Eastern Europe Business Information Center |
HoW tO Use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
GREENBRIER FACES CHALLENGE FROM J.B. HUNT, WABASH AUTOSTACKS, RACKS, RAILERS TO COMPETE FOR BUSINESS
Ted Gogoll |
Greenbrier Cos. is looking over its shoulder as competing manufacturers of auto containers narrow th
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
SP REOPENS RAIL ROUTE AFTER FIRE DELAY IN CALIF.
Journal of Commerce Staff |
Southern Pacific Transportation Co.'s coastal route between Los Angeles and the San Francisco Bay Ar
HONG KONG CARGO HANDLER VOWS TO FREEZE CHARGES THROUGH 1995
P.T. Bangsberg |
As business continues to soar, the colony's franchised cargo handler pledged Wednesday to hold charg
BRITISH RAIL UNIT COMBATS SIGNAL-WORKER STRIKE
Keith M. Rockwell |
British Rail's freight arm, Railfreight Distribution (RFD), is attempting to get around a strike by
SOO LINE, UNION AGREE TO RESUME CONTRACT TALKS
Leo Ryan |
Representatives for the striking United Transportation Union and CP Rail System tentatively agreed W
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 17, 1994Brent Crude Oil - (Dollars Per Barrel)
2 US OIL FIRMS WILL EXPLORE BAY IN NORTHERN CHINA KERR-MCGEE JOINS MURPHY IN DEAL
P.T. Bangsberg |
Two U.S. companies have signed a contract to prospect and develop oil sites in China's Bohai Bay, an
2ND QUARTER SHOWS MEXICO BACK ON TRACK, EXPERTS SAY
Kevin G. Hall |
Unusually strong second-quarter figures for Mexico's economy suggest that the nation has recovered f
VIRGINIA POWER, PARENT SETTLE THEIR DIFFERENCES
Michael Martz |
The blessing of state regulators was the last hurdle remaining this week on the path to peace betwee
PANEL APPROVES EXPANSION PLAN AT CHICAGO BOARD OF TRADE
Chicago Tribune |
A Chicago Board of Trade plan to expand its trading floor to 88,000 square feet, sealing its claim a
CENTRAL AMERICA TO DISCUSS PLAN TO FORM REGIONAL COFFEE GROUP
Knight-Ridder Financial |
Central American presidents will study a proposal to form a regional coffee group when they meet in
LEAN, MEAN CHEMICAL FIRMS BOOST SALES IN '94
K. Buck Wolf |
The major U.S. chemical manufacturers tightened their belts over the past few years, cutting costs,
QUOTE TO NOTE ON CRIME IN RUSSIA:
_ Mikhail Berger, Columnist In Russian Daily Izvestia Writing |
"Authorities are too weak to fight our gangsters, and they have too many ties with the criminal worl
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 17, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EAST EUROPEAN TRADE LEADS
Supplied by EASTERN EUROPE BUSINESS INFORMATION CENTER |
HoW tO Use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
RAILS CAPTURE BIGGER SHARE OF NEW-CAR SHIPMENTS
Gregory S. Johnson |
Equipment innovations, a drop in damage claims and an explosion in new car lines have combined to bo
TRANSPORT CALENDAR
JOC Staff |
Transportation Brokers Conference of America Aug. 20. Certified Transportation Brokers examinations,
EMERY WORLDWIDE PLANS TO BOOST FREIGHT RATES BY UP TO 7.25 PERCENT
William Armbruster |
Emery Worldwide has informed customers that it will raise rates on domestic and international air fr
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 17, 1994 Prevailing sellers' posted prices at the close of business, represen
BUSINESS COMMUNITY URGES CLINTON TO RESCUE EXPORT-CONTROL MEASURE
Richard Lawrence |
U.S. business spokesmen called on the Clinton administration Wednesday to show "leadership" and "res
OIL UNION SAYS NIGERIA UNLIKELY TO DECLARE STATE OF EMERGENCY
From Wire and Staff Reports |
A spokesman for Nigerian oil workers' union Pengassan said Wednesday he believed a state-of-emergenc
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR DECLINES AS TRADERS TAKE 2ND LOOK AT RATE RISE
Regina Schleiger |
The U.S. dollar declined slightly Wednesday in quiet trading as market participants continued to wei
GASOLINE STOCKS DECLINED LAST WEEK
Journal of Commerce Staff |
U.S. inventories of gasoline fell by 2.7 million barrels during the week ended Aug. 12 compared with
11 CONRAIL CARS DERAIL IN OHIO CHEMICAL LEAK CAUSES EVACUATION
From Wire and Staff Reports |
Eleven cars of a 118-car Consolidated Rail Corp. freight train derailed Wednesday, and one of the ca
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
ASIAN COTTON SHORTAGE BOOSTS SYNTHETICS PRICES
Howard Simon |
Developing shortages of cotton in Asia are said to be doing wonders for fiber- related chemical pric
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
WESTERN GERMAN PRODUCER PRICES UP
Knight-Ridder Financial |
Producer prices in western Germany rose 0.1 percent in July from June and were 0.4 percent higher th
EAST EUROPEAN TRADE LEADS
Supplied by the Eastern Europe Business Information Center |
HoW tO Use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
IMPORT DUTIES ARE LOWER, BUT BRAZIL'S PRICES LAG
James Bruce |
Months after Brazil began randomly slashing import duties in support of its developing economic-stab
Maritime
TOP TRACTOR, CRANE EXPORTS FROM US
Journal of Commerce from database of Port Import/Export |
These tractor and crane movements were the largest recorded from port documents, during the two week
Maritime
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