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EU, UN NUDGING AFRICA TO OPEN SHIP INDUSTRY
Phillip Hastings |
The European Union and a prominent U.N. agency are engaged in initiatives to liberalize and improve
Maritime
CHINA JOINS LIST OF NATIONS UPSET OVER JAPAN TRADE
P.T. Bangsberg |
China on Monday joined other Asia-Pacific nations in a chorus of condemnation of Japan's bilateral t
APPROVAL OF AIRLINE AID HAS EU IN A DOGFIGHT
Bruce Barnard |
Tempers are flaring in the European airline business after the EuropeanCommission waved thro
AEI, SEEKING TO BOLSTER GLOBAL PRESENCE, BUYS AUSTRALIA, NEW ZEALAND FORWARDERS
Journal of Commerce Staff |
Air Express International, seeking to strengthen its global network, has bought two freight forwarde
JOURNAL OF COMMERCE - FAST FACTS US MACHINE TOOL ORDERS
Association for Manufacturing Technology, McLean, Va. |
In billions of dollars 1993 1994Net New Orders $1.77 $2.12Shipments $1.6
FRANKFURT AIRPORT MAY USE RAIL LINE AS INTERMODAL LINK
Miriam Widman |
Take the train to the plane. It's a familiar slogan, and Frankfurt Airport cargo officials a
INTERMODAL GRIDLOCK FORCES CONRAIL REVISIONS
Rip Watson |
With its network straining under the weight of traffic surges 21 percent ahead of 1993,Consolidated
MIAMI AIRPORT LACKS SPACE, BUT NOT DEMAND
Charles B. Rabin |
As deputy aviation director at Miami International Airport, Amaury Zuriarrain manages facilities tha
PEOPLE - TRANSPORT
Wire and Staff Reports |
INTERMODAL ASSOCIATION OF NORTH AMERICA (Riverdale, Md.) - Michael J. Arendes was appointed director
SHARE OF INLAND BOX TRAFFIC FALLS FURTHER AT EUROPEAN RAILS
Journal of Commerce Staff |
The share of container traffic transported between European ports and inland destinations by rail co
SEATTLE-HONG KONG ROUTE LIKELY TO BOOST NORTHWEST
Gregory S. Johnson |
Northwest Airlines should have no problem filling belly space on its 747-200s when thecarrier starts
US, JAPAN TO CONTINUE NEGOTIATIONS
John Maggs |
The United States and Japan put the emphasis Monday on dialogue andconciliation after anothe
TIRE INDUSTRY KEEPS ROLLING DESPITE STRIKES AT 4 PRODUCERS
Glenn Gamboa |
For three weeks, the tire industry has been rolling along like steel-beltedradials on a fres
REOPENING OF AIRPORT IN RWANDA ENDS NIGHTMARE FOR UN WORKERS
Lisa Burgess |
The Clinton administration's decision to use U.S. troops to secure the airport in the capital city o
TRANSPORT BRIEFS
Wire and Staff Reports |
CANADIAN AGENCY OKS NOVA SCOTIA RAIL SALEWINDSOR, Nova Scotia - Canada's National Tr
STRIKE PARALYZES PORTUGUESE RAILS
Associated Press |
International and express inter-city trains were idle Monday as rail workers began a scheduled five-
LYKES PRESIDENT MCCORMICK IS REPLACED BY RANKIN
Peter M. Tirschwell |
A shake-up that has brought down several senior executives at Lykes Bros. Steamship Co. over the las
LONG BEACH BUSINESSES AIM TO BOOST AIR SERVICES
Bill Mongelluzzo |
Making amends for their negligence in the past, Long Beach business interests have formulated a mark
NIPPON CARGO ASSUMES MARKETING FOR ANA
William Armbruster |
Nippon Cargo Airlines will take over cargo sales and marketing for All Nippon Airways' flights from
PEOPLE - TRANSPORT
Wire and Staff Reports |
AKRON BARBERTON CLUSTER RAILWAY (Akron, Ohio) - William E. Frey was named president of this new term
RESILIENT NORTHWEST MAKES STARTLING COMEBACK
Ted Reed |
A year ago, the prognosis was dire for Northwest Airlines. The carrier had lost $2.1 billion
STRIKE ENTERS DAY 20
Lawrence H Kaufman |
The strike by 1,100 members of the United Transportation Union against the Soo Line Railroad unit of
TUG RESCUES 132 FROM FIRE CAPTAIN SAYS, "I'M NO HERO'
WILLIAM DiBENEDETTO |
The fish processing factory ship All Alaskan was a smoky fireworks display - exploding oil drums, pr
GOVERNMENT REPORT SHOWS AUSTRALIA INVESTING BOOM
Bradley Perrett |
Australia is experiencing a hidden investment boom that is not showing up in gloomy gross domestic p
DELAYS ON SOO HAVE SHIPPERS SCRAMBLING
Gregory S. Johnson |
The 3-week-old strike on the Soo Line is causing massive delays from Canada to Mexico, leading to ex
VIETNAM PLANS LUXURY TRAIN TO ATTRACT FOREIGN TOURISTS
Associated Press |
Vietnam Railways plans to upgrade its services to attract more foreign tourists and is negotiating w
TRANSPORT BRIEFS
Wire and Staff Reports |
LA AGENCY, BUS UNION FORGE TENTATIVE DEALLOS ANGELES - Commuters in the Los Angeles
NY INSURER PULLS OUT OF WOODSTOCK CONCERT
From Wire Reports |
Members of Frontier Insurance Group, financial backers for a planned 25th anniversary Woodstock conc
EUROPEAN BANKS' CREDIT QUALITY SEEN COMING UNDER PRESSURE
Knight-Ridder Financial |
The credit quality of many European banks is likely to come under stress in the next few years and s
UK EXPORT BOOM LED MAINLY BY FALL IN POUND, BANK SAYS
Keith M. Rockwell |
Britain's surging export performance in recent years is largely the result of the sharp fall of the
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 1, 1994Brent Crude Oil - (Dollars Per Barrel)_
ENERGY BRIEFS
Wire and Staff Reports |
BP EXPECTED TO REPORT 2ND-QUARTER PROFITLONDON - The British Petroleum Co. is expect
GASOLINE PRICES
JOC Staff |
Aug. 1, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 1, 1994 Prev. Life of Contr. OpenOpen High L
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 1, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.187/26 104.97/27 104.57/28
COST OF CREDIT
JOC Staff |
Monday, Aug. 1, 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
ASIA'S RELIANCE ON MIDEAST OIL AT A HIGH
Kim Coghill |
Four years after Iraqi tanks invaded Kuwait and sent oil prices soaring, Asian economies are more de
EMIRATES, CHASE BANK SIGN OFFSET BUSINESS DEAL
Knight-Ridder Financial |
The United Arab Emirates and Chase Manhattan Bank signed a deal on offset business that will involve
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