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UNITED TECHNOLOGIES PICKS EMERY, EXPEDITORS AS PRINCIPAL FORWARDERS
John Davies |
United Technologies Corp. has designated Emery Worldwide and Expeditors International as its princip
Transport, Trade and Regulation News
CHINA REFORMS HIT SNAG
Gene Linn |
Despite continued official enthusiasm for market mechanisms, China will forbid private purchases of
GULF PORTS POST CLIMB IN VOLUME
John Davies |
Thanks to facility improvements and aggressive marketing efforts, Gulf ports have recorded some dram
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DESPITE EXPECTED US RATE BOOST, DOLLAR RISE UNLIKELY, TRADERS SAY
Gordon Platt |
An expected quarter-point increase in U.S. interest rates this week won't be enough to lift the doll
BALTIC FREIGHT INDEX
JOC Staff |
1146 (Mar. 18, 1994) Previous day - 1138 The Baltic International Freight Futures Market in
Maritime
BURLINGTON NORTHERN, BARGE FIRM POISED TO EXPAND MEXICAN SERVICE
Kevin G. Hall |
Long in coming, costlier than expected and the subject of many raised eyebrows, Burlington Northern'
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 18, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NOL PROFIT SURGED IN '93
Journal of Commerce Staff |
Neptune Orient Lines Ltd. reported a net profit of US$47 million last year, a 121 percent increase f
Maritime
PORT OF VANCOUVER DEFENDS GAMBLING PROPOSAL
John Davies |
Executives at the Port of Vancouver, British Columbia, see a proposed waterfront casinoas a way to h
Maritime
STEVEDORE SUES RIVAL, SAYS 2 EXECUTIVES TOOK TRADE SECRETS
George F.W. Telfer |
Ryan-Walsh Inc., a stevedoring giant, has sued a competitor, Cooper/T. Smith Corp., for $25 million,
Maritime
CANADA'S SAINT JOHN PORT SEEKS LINK TO MEXICO
Leo Ryan |
After posting record cargo output of nearly 20 million metric tons in 1993, the Port of Saint John,
Maritime
GERMAN YARD PUSHES FOR SUBSIDIES, DESPITE INCREASE IN PROFIT FOR YEAR
Miriam Widman |
Howaldtswerke-Deutsche Werft AG, one of Germany's major shipyards, posted a rise in profit last year
Maritime
NASTY WEATHER IN BLACK SEA FORCES REOPENING OF BOSPORUS
Reuters |
Turkey reopened the Bosporus Friday, following a fiery collision between an oil tanker and a cargo v
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
DOMINICAN UTILITY CO. SEEKS MARAD GUARANTEEWASHINGTON - The Maritime Administration
Maritime
TRADE FINANCE DATABASE MAKES ITS FIRST MATCHES
Charles W. Thurston |
The new national trade finance databank operated by the Bankers Association for Foreign Trade has yi
Maritime
INDUSTRY FAILS TO CONVINCE EU TO BOLSTER SHORT-SEA SHIPPING
Janet Porter |
European shipowners and port operators failed in their bid to persuade transport policy-makers to in
Maritime
CHINA SEEKS FOREIGN HELP TO BOOST WOOL PRODUCTION
P.T. Bangsberg |
With cotton in short supply, China is seeking foreign assistance to develop its wool sector as an al
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 18, 1994 Quotations are based on prices reported in the market or obtained from s
ENERGY OUTLOOK - DALE STEFFES GAS INDUSTRY PROBLEMS AREN'T BEING SOLVED BY FERC POLICIES
Dale Steffes |
I have been associated with the natural gas industry nearly all of my life. I was born in Olpe, Kan.
COAST GUARD ALLOWS BARGE TERMINAL TO RESUME FERTILIZER LOADINGS
John Boyd |
The Coast Guard last week cleared an important barge-loading facility near St. Louis for ammonia fer
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COPPER IMPORTS SURGE IN TAIWANTOKYO - Copper imports into Taiwan have risen dramatic
SPOT COMMODITIES
JOC Staff |
Mar. 18, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
JOURNAL OF COMMERCE - FAST FACTS WHERE US EXPORTS COMPUTERS
Trade Inflo, Federick, Md. |
Sept. - Nov. 1993 Canada 16.7 percentJapan 16.5 percentU.K. 8.5 perc
RUSSIA TO TENDER EXPORT QUOTAS ON STRATEGIC MATERIALS FOR STATE
Grigori Gerenstein |
Russia has decided to tender all of 1994's export quotas for strategic materials exported for state
MEXICO REJECTS CHARGE OF FERTILIZER DUMPING
Kevin G. Hall |
Mexican commerce officials have rejected a charge of illegal trade practices brought against U.S. pr
ASIA COPPER SHORTAGE SENDS FIRM TO EUROPE
Knight-Ridder Financial |
Copper in the Asia region has become so scarce that at least one South Korean manufacturer of cable
USDA PROPOSAL WOULD CURB EXPORTS, COTTON PRODUCERS SAY
Knight-Ridder Financial |
A cotton industry organization has sharply criticized the U.S. Department of Agriculture's proposed
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 228.22 off 1.65 which compares
SHIPBUILDING TALKS FAIL TO YIELD PACT ON SUBSIDIES
Tara Patel |
Negotiations to reach a worldwide agreement on the elimination of subsidies to the shipbuilding indu
DOT EXTENDS USAIR-BA PACT, APPROVES DEAL WITH LUFTHANSA
Journal of Commerce Staff |
The U.S. Department of Transportation last week made two crucial airline code- sharing decisions, on
COURT CHIDES CUSTOMS ON DRAWBACK _ AGAIN AGENCY IS ORDERED TO REWRITE RULES
Robin Bulman |
Once again, the U.S. Court of International Trade has rebuked the Customs Service over the agency's
COST OF CREDIT
JOC Staff |
Friday, March 18, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EXCISE ROW IMPERILS SALES OF INDIA SYNTHETIC FABRICS
N. Vasuki Rao |
Exports of man-made textiles from India appear likely to be sandbagged by a dispute over duties that
Maritime
INVESTMENT PACT WITH UK MAY SPUR OTHER ACCORDS
Special to The Journal of Commerce |
The signing of an investment guarantee agreement between India and Britain could pave the way for si
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
AGENCY REJECTS CHARGES OF STEEL ROD DUMPINGThe International Trade Commission in effect dism
Maritime
INDEX RIDES ALUMINUM, OIL PRICES TO NEW HIGHS
Journal of Commerce Staff |
The steady climb in aluminum and crude oil prices helped The Journal of Commerce Industrial Price In
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS An International Technology Forum and Exposition. March 21. New Jersey. Conta
Maritime
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