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TRANSPORT BRIEFS
Wire and Staff Reports |
UPS EXPANDS SERVICE IN SOUTHEAST ASIAATLANTA - United Parcel Service said it has lau
TEAMSTERS CONFERENCES SEEK TO BLOCK TAKEOVER
Rip Watson |
Unsuccessful in defending their positions last week before Teamsters Union General Executive Board,
TRADE GROWTH EXPECTED TO BOOST GLOBAL TRANSPORTATION INDUSTRY
Leo Ryan |
The world's transportation sector can look forward to a period of sustained growth of international
BP UNIT JOINS VENEZUELAN OIL PROJECT
Knight-Ridder Financial |
British Petroleum PLC's subsidiary BP Exploracion de Venezuela SA said Monday it had agreed to join
UK-EUROPE GAS PIPELINE NEEDED, EXECUTIVE SAYS
Knight-Ridder Financial |
A gas pipeline connecting Britain with mainland Europe will be needed by the turn of the century to
INDONESIA, EXXON CLOSE IN ON GAS DEAL, OFFICIAL SAYS
Ramthan Hussain |
The Indonesian national oil company Pertamina and Exxon Corp. have ironed out most major obstacles o
ENERGY BRIEFS
Wire and Staff Reports |
LEAK IS DISCOVERED AT CHERNOBYL PLANTMOSCOW - Workers at the Chernobyl nuclear power
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 13, 1994 Prev. Life of Contr. OpenOpen High
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 13, 1994Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 13, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT PRODUCT PRICES
JOC Staff |
June 13, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
GASOLINE PRICES
JOC Staff |
JUNE 13, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SURGING DEMAND BOOSTS PRICES AT THE PUMP
Associated Press |
Motorists are taking to the highways in a big way this summer with increased demand blamed in part f
VIETNAM TO INCREASE IMPORT TAX ON CARS AS RENAULT SIGNS DEAL
Reuters |
Vietnam has decided to raise the import duty on new cars to 200 percent from 150 percent, local carm
CHINA LAUNCHES NEW RAIDS ON INTELLECTUAL-PROPERTY PIRATES
Journal of Commerce Staff |
Chinese officials said Monday that they are stepping up action to crack down on violations of intell
Maritime
BEIJING, WOOING AMERICAN IMPORTS, RAPS DUMP LAWS, HIGH-TECH CURBS
P.T. Bangsberg |
With a forecast of steadily increasing U.S. imports, the Chinese authorities are calling for an end
Maritime
JAPAN STEELMAKERS STRIVE TO OVERCOME YEN WOES, RECESSION
Mark Magnier |
Japan's steel industry is struggling to reinvent itself in the face of a domestic recession, increas
Maritime
RUSSIA SEEKS US ADVICE ON EXPORT CONTROLS
Michael S. Lelyveld |
The Russian government has reportedly been seeking advice from U.S. trade consultants and former off
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
ADVISER ON HAITI SEES NO MILITARY MOVE NOWPresident Clinton's special adviser on Haiti said
Maritime
PAKISTAN WARY OF NEW US RULES, DEFENDS TEXTILE FRAUD CONTROLS
N. Vasuki Rao |
Prompted by American pressure, the Pakistan government has initiated several measures to curb transs
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of June 10, 1994* Country Category Description % FilledCh
Maritime
PENTAGON'S DESIRE TO SUBSIDIZE FLAT-PANEL SCREENS SPARKS CRITICISM
Gene Marlowe |
Getting there firstest with the mostest is no longer as important in warfare as getting there with a
Maritime
EUROPE'S LEADERS RECEIVE WARNINGS FROM ELECTORATE IN PARLIAMENT VOTE
Tim Jones |
Most European governments were given bloody noses in elections for the European Parliament last week
Maritime
LATIN LEADERS TO DISCUSS GIANT FREE-TRADE ZONE
Michael Stott |
Leaders of Latin America, Spain and Portugal will discuss the creation of a giant new free-trade zon
Maritime
SALES OF NEW CARS SURGE IN SWITZERLAND
Knight-Ridder Financial |
New-car sales in Switzerland during May totaled 28,953 units, up 9.7 percentfrom 26,399 unit
Maritime
BOOM FOR FRENCH INSURERS ATTRACTS INTEREST OF UK FIRM
Helen Macleod |
Good prospects in the French insurance market prompted the purchase offer by British insurer Commerc
INSURERS VOW TO FIGHT BILL ENDING ANTITRUST LOOPHOLE
Margo D. Beller |
A member of a new insurance industry coalition said Monday that Rep. Jack Brooks, D-Texas, "will pul
RATING DROPS FOR INSURER STILL SHAKING FROM QUAKE
E. Scott Reckard |
Twentieth Century Insurance Co.'s ability to pay claims has been downgraded for a second time by a p
GEORGIA'S INSURANCE CHIEF HAS GOOD COP, BAD COP IMAGE
Associated Press |
Insurance Commissioner Tim Ryles, seeking re-election this year, brushes off criticism from opponent
MARITIME BRIEFS
Wire and Staff Reports |
INBOUND FREIGHT RATES DROP 4 PERCENT, AGENCY SAYSWASHINGTON - The inbound liner frei
Maritime
EU TRANSPORT LEADERS OK TOUGH SHIP RULES
Bruce Barnard |
The European Union's transport ministers approved tough rules Monday setting minimum standards for s
TALKS PROGRESSING FOR 2 SHIP UNIONS THIRD HITS IMPASSE
Tim Shorrock |
Two key maritime unions Monday were making headway in contract talks with container and tanker opera
SUNKEN RUSSIAN SHIPS POSE STICKY PROBLEM FOR LATVIAN PORT
Geoff Winestock |
Aleksejs Malahovs, director of a Latvian stevedoring company, is struggling with what could be one o
JUDGE OVERTURNS US POLICY ON PRIVATIZATION PENALTIES
Richard Lawrence |
A U.S. court has overturned the government's practice of imposing penalty duties on imports from pri
ACCESS TO MARKETS HELD KEY TO HEALTH OF EASTERN EUROPE
John Zarocostas |
The future economic development in the newly reformed market economies of Eastern Europe hinges on a
EXXON VALDEZ VERDICT STUNS, WORRIES TANKER OWNERS
Alan Abrams |
Monday's finding by an Alaskan jury that Exxon Corp.'s recklessness led to the March 1989 Exxon Vald
Maritime
FOREIGN BANKS' LENDING SHARE LEVELS OFF, SURVEY SAYS
Jon E. Hilsenrath |
Foreign-owned banks may not be the threat to U.S. banks that they were once thought to be, a study b
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +13.286/7 101.36/8 101.56/9
COST OF CREDIT
JOC Staff |
Monday, June 13, 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
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