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1-DAY STRIKE OVER FINANCIAL REFORMS CRIPPLES INDIAN BANKS, MONEY SECTOR
Sumit Sharma |
A one-day strike by 1.5 million bank and insurance industry workers paralyzed India's financial sect
Maritime
EU, PARAGUAY OFFICIALS MEET TO BOOST TRADE
Associated Press |
European Union officials said their trade and political relations with Paraguay are healthy and ripe
Maritime
PRICE CUT SEEN AS BENEFIT TO JAPAN STEEL IN LONG RUN
Kayako Watanabe |
A relatively small Japanese steelmaker's decision to cut prices of a key construction component is l
Maritime
MOTOROLA'S BID SNARES PHONE DEAL IN KAZAKHSTAN
Milan Ruzicka |
Kazakhstan's Ministry of Telecommunication has announced it has awarded a contract to Motorola Inc.
Maritime
INTER-AMERICAN BANK CHIEF EXPECTS SURGE IN FINANCING
Richard Lawrence |
The Inter-American Development Bank expects to both authorize and disburse a record level of financi
Maritime
TRADE BRIEFS
Wire and Staff Reports |
JAPANESE BOW TO US ON 3 PERCENT COPPER TARIFFJapan will replace its tariff on copper imports
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Apr. 7, 1994 Prevailing sellers' posted prices at the close of business, representi
PORT ARTHUR, TEXAS, SIGNS DEALS TO BEGIN HARBOR EXPANSION
Journal of Commerce Staff |
Expecting to gain a stronger hold on the expanding forest-products market and improve its cargo mix,
Maritime
TWO ICEBREAKERS LEAD LAKE SUPERIOR CONVOY
John Boyd |
Two of North America's most powerful icebreakers this week escorted a rare Lake Superior convoy of n
Maritime
UNIONS, OPERATORS REMAIN AT ODDS ON LOADING GRAIN SHIPS IN CANADA
Helen Maserati |
Unions representing British Columbia grain handlers and longshoremen are willing to work round-the-c
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
P&O PLANS TO BUILD 100,000-TON LINERLONDON - Peninsular and Oriental Steam Navigatio
Maritime
JAPAN UNIONS, MANAGEMENT AVERT DOCK STRIKE
Mark Magnier |
Waterfront unions and management representatives Thursday averted a strike planned for today when th
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
STEAMERS MARITIME HOLDINGS LTD. (New York) - Khor Teik Lin was named general manager of a new subsid
Maritime
GERMANY TO PRESS FOR A EUROPEAN NAFTA
Keith M. Rockwell |
Germany plans to use its term in the European Union's presidency later this year to press for expand
STOLT-NIELSEN PARED ITS LOSS IN 1ST QUARTER
Journal of Commerce Staff |
Stolt-Nielsen SA, the diversified parcel tanker giant, reported a loss of $826,000, or 3 cents a sha
Maritime
PORT OF VANCOUVER DOCKERS SAY THEY FEEL BETRAYED BY SETTLEMENT
Leo Ryan |
Vancouver waterfront employers and port officials were relieved while union officials felt a little
Maritime
SEA-LAND CITES WEATHER FOR LATEST BOSTON SKIP
Michael S. Lelyveld |
Operators of a Vessel Sharing Agreement (VSA) container ship blamed stormy weather as the service sk
Maritime
US YIELDS LABOR RIGHTS DROPPED FROM PACT COMPROMISE REMOVES LAST BARRIER TO SIGNING DEAL
John Zarocostas |
The United States Thursday dropped its demand that a statement linking trade to labor rights be incl
ALASKA RAILROAD RECONSIDERING PIGGYBACK RUN
Associated Press |
The Alaska Railroad is ready to suspend or drastically curtail trailer- hauling between Anchorage an
JOURNAL OF COMMERCE - FAST FACTS US WHEAT PRICES
Chicago Board of Trade |
No text.
IMC'S AUTOMATED IMPORT SYSTEM WILL BE AVAILABLE ON NETWARE
Journal of Commerce Staff |
IMC Systems Group announced that its automated import management, Import 2000, is available now on N
LARGE FREIGHT CONSOLIDATOR TO SHUT DOWN
Peter M. Tirschwell |
One of the largest U.S.-based freight consolidators will be closing later this year, its owners said
SHIPPERS, TRUCKERS SEEN RELUCTANT TO ENTER PARTNERSHIPS DESPITE BENEFITS
Gregory S. Johnson |
Although shippers and truckers have long touted the concept of partnerships, few such business relat
BOEING TO ROLL OUT FIRST FINISHED MODEL OF INNOVATIVE 777
WILLIAM DiBENEDETTO |
Boeing Co. on Saturday unveils the world's largest twin-jet airliner, the 777, as the company's firs
LOGISTICS EXECS ARE TOLD TO PROVE THEIR WORTH
Gregory S. Johnson |
If transportation and logistics managers plan on holding on to their jobs over the next two years, t
CHINA FINANCING SET FOR BOEING DEAL
Associated Press |
The First National Bank of Chicago and the Bank of China have jointly arranged $261 million in finan
THEORY, REALITY COLLIDE FOR BANK
Reuters |
Safeguarding human lives and money are two very difficult things, Chemical Banking Corp. has decided
TRANSPORT BRIEFS
Wire and Staff Reports |
ILLINOIS CENTRAL TRAIN DERAILS IN MISSISSIPPIFLORA, Miss. - Crews were at work Thursday at t
TEAMSTERS STRIKE COULD NARROW TO BIG 4 BATTLE
Rip Watson |
The Teamsters union strike against 22 companies enters its third day today with no further talks sch
SAUDIS SET AGE LIMIT FOR CHARTERED TANKERS
Janet Porter |
Vela, the Saudi Arabian-controlled tanker charterer, will stop using ships more than 20 years old un
CAREY REASSURES TRUCKERS ON STRIKE'S EFFECTIVENESS
Journal of Commerce Staff |
Ron Carey, Teamsters general president, told a cheering crowd of about 500 truckers Thursday that th
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +4.524/1 97.44/4 97.94/5 98
COST OF CREDIT
JOC Staff |
Thursday, April 7, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SHORTAGES, LAYOFFS LOOM IN CANADA IF STRIKE LASTS
Leo Ryan |
Canadian manufacturers braced for supply shortages while truckers feared layoffs as the U.S. Teamste
US, ALLIES MAY OPEN AGENCY TO MONITOR EXPORTS BY OCTOBER
Richard Lawrence |
The United States and its major allies plan to create a new multilateral group by October to control
EX-IM BANK REORGANIZES, VOWS GREATER CUSTOMER FOCUS
Journal of Commerce Staff |
The U.S. Export-Import Bank, announcing a basic reorganization of its operations, said Thursday that
Maritime
TEAMSTERS STRIKE A BOON FOR SPARED LTL CARRIERS
Lawrence H Kaufman |
Less-than-truckload carriers not targeted by the Teamsters during the union's strike of 22 carriers
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended April 2, 1994, vs. Similar 1993 Period Cars CarsLoaded Loaded
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
RUSSIAN SMELTERS BOOST PRICES FOR ALUMINUM BY AVERAGE 23 PERCENT
Knight-Ridder Financial |
A number of Russian aluminum producers, together with the Tajiki aluminum smelter, have announced an
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