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KING OCEAN'S PORT SHIFT MAY SPELL TROUBLE FOR ILA
Craig Dunlap |
King Ocean Services plans to operate its containerships at the Fort Lauderdale-area seaport, making
Maritime
PUGET SOUND YARDS URGED TO ADAPT TO TOUGH TIMES
WILLIAM DiBENEDETTO |
Commercial shipbuilding prospects for the Puget Sound region are bleak, but if yards become more eff
Maritime
TEXAS PORT SET TO BEGIN RELOCATION OF RAIL SERVICE
Kevin G. Hall |
After nearly two decades on the drawing board, a rail relocation project at the Port of Brownsville
WHITE HOUSE DRAWS FIRE OVER PLAN TO INCREASE FEES AT MEXICAN BORDER
Kevin G. Hall |
A Clinton administration proposal to raise user fees and divert toll revenue for government staffing
CARGO UP AT SEATTLE-TACOMA AIRPORT
Journal of Commerce Staff |
Air cargo volume at Seattle-Tacoma International Airport jumped nearly 9 percent in March, one of th
AIR CANADA SETS SIGHTS ON INTERNATIONAL GROWTH
Leo Ryan |
By recently abandoning overnight freighter operations, Air Canada can concentrate on profit centers
BRITISH AIRWAYS MAY WRITE OFF $400 MILLION USAIR INVESTMENT
Keith M. Rockwell |
The ongoing financial difficulties at USAir have led British Airways to consider writing off its $40
SERVICE RETURNS TO NORMAL IN WAKE OF CONRAIL STRIKE
Lawrence H Kaufman |
The Consolidated Rail Corp. freight system returned to normal Monday following a federal judge's ord
TRANSPORT BRIEFS
Wire and Staff Reports |
UNITED, UNIONS AGREE TO MODIFY BUYOUT PACTCHICAGO - United Airlines' parent company
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CONSOLIDATED RAIL CORP. (Philadelphia) - Paige E. Kane was named executive director, state and local
C&NW UTILIZES PASS-THROUGH FINANCING FOR LOCOMOTIVES
Lawrence H Kaufman |
Chicago & North Western Transportation Co. recently raised more than $85 million to finance equipmen
SPOTLIGHT RETURNS TO SAFETY IN WAKE OF AMTRAK WRECK
Rip Watson |
Rail safety is re-emerging as an industry issue because last week's fatal accident involving an Amtr
CHINA TO GET ARCO'S STAKE IN INDONESIAN OIL FIELD
P.T. Bangsberg |
Atlantic Richfield Co. will "transfer" its stake in an oil field in Indonesia to a state-run Chinese
TRANSPORT BRIEFS
Wire and Staff Reports |
BODY IS FOUND AFTER TRUCK-TRAIN ACCIDENTBELLS, Tenn. - Emergency workers finished tr
2 UNDERCHARGE CASES SENT TO LOWER COURTS
Stephanie Nall |
The Supreme Court Monday cleared four trucking rate undercharge cases from its agenda, telling circu
ENERGY BRIEFS
From Wire and Staff Reports |
JUNE GAS CONTRACTS FALL 5.3 CENTS ON NYMEXNEW YORK - Expiring June contracts for nat
CHINESE FIRMS IMPORT OIL DESPITE BAN
Knight-Ridder Financial |
China is still buying oil products from foreign markets, even after the government-imposed ban on ne
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 20, 1994 Prev. Life of Contr. OpenOpen High L
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 23, 1994Brent Crude Oil - (Dollars Per Barrel)_
GASOLINE PRICES
JOC Staff |
May 23, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unle
SPOT PRODUCT PRICES
JOC Staff |
May 23, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon,f.o
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 23, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
INDIA'S PRIME MINISTER WOOS PRIVATE POWER FIRMS
Reuters |
Prime Minister P.V. Narasimha Rao on Monday told private companies seeking to enter the power indust
ENERGY BRIEFS
Wire and Staff Reports |
US COAL PRODUCTION DOWN SLIGHTLY IN WEEKCHARLESTON, W. Va. - Domestic coal productio
LIMITED PRICE GAINS EXPECTED AFTER CRUDE OIL SPILL IN VALDEZ
Deena Beasley |
Closure of Alaska's Port of Valdez since late Saturday following a tanker leak will be limited to sm
DAILY PETROLEUM PRICES.
JOC Staff |
Monday May 23, 1994 Prevailing sellers' posted prices at the close of business, representing
AZERBAIJAN, WESTERN FIRMS PUT OIL PROJECT ON HOLD
Reuters |
A multibillion-dollar oil deal between Azeri national oil company Socar and a consortium of Western
SAUDIS LOOK TO EAST ASIA AS A MAJOR REFINING BASE
Moon Ihlwan |
Joint ventures in Asia will play a key role in Saudi Arabia's attempt to turn its state oil firm Ara
TWO OIL-GAS EQUIPMENT FIRMS PLAN TO MERGE THIS SUMMER
Associated Press |
Wheatley TXT, which makes pumps, valves and other equipment for oil and gas production, plans to mer
PUNITIVE AWARD OF $8 MILLION ALLOWED TO STAND AGAINST PHILLIPS
Associated Press |
The Supreme Court Monday let stand an $8 million punitive-damages award against Phillips Petroleum C
TEXAS FIRM DEVELOPS BIO-DESULFURIZATION
JOC Staff |
THE WOODLANDS, Texas, - Construction has begun on the nation's first continuous pilot plant designed
INDIAN COFFEE EXPORTERS THRIVE UNDER DEREGULATION
Dev Varam |
Indian coffee growers, shedding five decades of state controls, are riding an international price bo
COAL TERMINAL REPORT
JOC Staff |
May 23-29, 1994 This table shows the vessels scheduled to call at U.S. coal terminals and th
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ASAHI, DOW CHEMICAL TO TEAM UP IN ASIATOKYO - Asahi Chemical Industry Co. said Monda
INFLATION FEARS PUSH COMMODITY PRICES HIGHER
Wire and Staff Reports |
Prices for a wide variety of commodities, including New York coffee and Chicago soybeans, were up sh
SPOT COMMODITIES
JOC Staff |
May 23, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
AUSTRALIAN GRAIN MARKETER UNVEILS CANOLA CONTRACTS
Wendy Pugh |
The New South Wales Grains Board has launched forward contracts to canola growers offering more cont
JAPANESE SEEK TO SIT IN ON JUNE ALUMINUM TALKS
Cary O'reilly |
Japan may be invited soon to participate in multilateral trade talks aimed at reducing the world's o
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 23, 1994 Quotations are based on prices reportedin the market or obtained
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