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Platts Containers Update
JAPAN-N. AMERICA CARRIERS TO INCREASE RATES MAY 1
Mark Magnier |
Ocean carriers in the Japan-to-North America market Monday notified Japanese shippers they will be i
CALTEX PURCHASES CRUDE FROM VIETNAM
Knight-Ridder Financial |
Caltex Petroleum Co. has bought a 450,000-barrel cargo of Bach Ho crude oilfrom Vietnam for
ENERGY BRIEFS
Wire and Staff Reports |
MAY CRUDE PRICES SLIDE ON OPEC OUTPUT NEWSNEW YORK - May crude oil futures on the Ne
RUSSIA PREPARES TO SCRAP OIL-EXPORT TAX
Knight-Ridder Financial |
Russian oil exports may increase considerably, as the Russian government is preparing to scrap its o
VENEZUELA GASOLINE PACT DEALS BLOW TO CLINTON'S STANCE ON ENVIRONMENT
John Maggs |
The credibility of the Clinton administration on environmental matters was dealt a blow last week by
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
GERMAN FIRM BACKS OUT OF THAI SMELTER PROJECTLONDON - Metallgesellschaft, the financ
US FIRM ON LINKING TRADE, LABOR STANDARDS DEVELOPING NATIONS FEAR ECONOMIC IMPACT
John Zarocostas |
The United States on Monday refused to withdraw an amendment to the new global trade rules that ties
DAILY PETROLEUM PRICES
JOC Staff |
Monday Mar. 28, 1994 Prevailing sellers' posted prices at the close of business, representin
SPOT COMMODITIES
JOC Staff |
Mar. 28, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
REVENUE CLIMBS AT BA WORLD CARGO
Journal of Commerce Staff |
British Airways World Cargo posted revenue of UK350 million ($523.3 million) in the first nine month
PITTSBURGH JUDGE SETS HEARING IN RAILROAD-UNION DISPUTE
Journal of Commerce Staff |
A federal judge in Pittsburgh will hold a hearing Thursday to consider permanently enjoining the Uni
FORWARDERS HOPE TO HONE IMAGE THROUGH CERTIFICATION PROGRAM
Bill Mongelluzzo |
Spurred by increasing pressure from clients and international standards organizations, U.S. freight
SEVERAL EU STATES LAG IN SETTING UP INSURANCE MARKET
Bruce Barnard |
The European Union's goal to establish a single insurance market on July 1 seems unlikely, as severa
PEOPLE - TRANSPORT
Wire and Staff Reports |
AIRMAX INC. (Des Plaines, Ill.) - Vicki L. Gunnels was named national sales manager at this air carg
SINGAPORE AIRLINES SET FOR JET ORDER
Associated Press |
Singapore Airlines is set to place an aircraft order that could be worth $6 billion, the company sai
GRUMMAN OPENS DOOR TO COMPETITIVE BIDDING
Reuters |
Grumman Corp., which has been the center of a $2 billion takeover battle, said Monday it is putting
MONON, TTX OFFICIALS AT ODDS OVER DOUBLE-STACK WELL CAPACITY
Rip Watson |
The president of a major builder of containers and trailers believes the intermodal business is sett
TRANSPORT BRIEFS
Wire and Staff Reports |
RAIL CARLOAD FREIGHT REACHES 4-YEAR HIGHWASHINGTON - Carload freight on the nation's
OMAN WILL RESTORE OIL PRODUCTION AS OPEC DECIDES AGAINST CUTS
Knight-Ridder Financial |
Oman will restore its oil production to the normal 800,000 barrels a day due to OPEC's decision this
FAA SET TO LAUNCH NEW REGULATIONS ON CARGO SECURITY
William Armbruster |
The Federal Aviation Administration plans to begin implementing new cargo security rules this Friday
OPEC MOVE LIKELY TO SEND PRICES LOWER
Knight-Ridder Financial |
World crude oil prices are expected to plunge by $1 to $2 a barrel over the next month on news of OP
ENERGY BRIEFS
Wire and Staff Reports |
REPORT: KUWAIT BENEFITS FROM SAUDI OIL SHIFTLONDON - High-sulfur crude exporter Kuwa
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 28, 1994 Prev. Life of Contr. OpenOpen High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 28, 1994Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Mar. 28, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 28, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COAST GUARD TAKES OVER BARGE SALVAGE IN NJ
Journal of Commerce Staff |
The Coast Guard has taken over efforts to refloat a barge that spilled more than 150,000 gallons of
Maritime
US TELECOM GIANTS SEEK JAPAN CABLE TV STAKE
Yuko Inoue |
U.S. film and telecommunications giants Time Warner and US West may become the first foreign firms t
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of March 25, 1994* Country Category Description
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
KEMPER SHAREHOLDERS URGED TO REJECT GE BIDLONG GROVE, Ill. - Kemper Corp. urged its
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN STEAMSHIP OWNERS MUTUAL PROTECTION AND INDEMNITY ASSOCIATION (New York) - Charles Kurz II,
P/C INSURERS REVERSE '92 OPERATING LOSS BUT STILL FALL SHORT OF 1991'S LEVELS
Margo D. Beller |
The property and casualty insurance industry on Monday reported operating income of $13.2 billion in
CORRECTION
JOC Staff |
Monday's story, "Northridge Quake May Be 2nd-Costliest US Disaster," on page 11A, should have said S
BUSINESS LOBBY URGES INDIA TO CURB FOREIGN INSURERS
Shiva Lingam |
India's leading business association has urged the government to permit foreign insurance companies
KY. INSURANCE FAILURE LEAVES COMPLEX IN LIMBO
Todd Pack |
The banner outside gives a number to call to rent retail space in the nearly empty Chevy Chase Plaza
SOUTHERN STORM DEATH TOLL REACHES 42
From Wire and Staff Reports |
Insurance industry officials began assessing damage in five Southern states in the aftermath of a sp
FRANK FAMILY OFFERS BARGE TO NJ TO SATISFY UNPAID POLLUTION FINES
From Wire Reports |
The barge-owning Frank family has offered one of its vessels to satisfy matriarch Evelyn Berman Fran
Maritime
APPEALS COURT URGES DOCTORS, INSURERS TO COOPERATE ON BREAST-CANCER THERAPY
William Grady |
Recognizing that more than legal issues are at stake, a federal appeals court panel has urged doctor
CONTINENTAL MAY SUBLEASE SOME GATES AT DENVER
Associated Press |
Continental Airlines has met with city officials to discuss the possibility of subleasing some of it
HUB GROUP OPENS INTERNATIONAL DIVISION
Journal of Commerce Staff |
Hub Group has formed an international division to tap growing multinational trade with North America
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