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SOUTHERN PACIFIC LINES AGREES TO SETTLE DUNSMUIR SUITS
Journal of Commerce Staff |
Southern Pacific Lines said Monday that it has reached settlement agreements with the state of Calif
OUTLOOK FOR AIRLINES IN 1994 GROWS MURKY
Dan Blake |
While the country's improved economic vital signs are leading to higher prices, the biggest airlines
SANTA FE RAIL AGREES TO ALAMEDA BOX FEE CORRIDOR FINANCING BEGINS TO CRYSTALLIZE
Lawrence H Kaufman |
The Alameda Corridor intermodal project is expected to clear a major hurdle today when the Atchison,
NORFOLK SOUTHERN TRACK BUY WOULD EASE MIDWEST TRAIN FLOW
Gregory S. Johnson |
Norfolk Southern Corp. will eliminate a major bottleneck on its heavily used Fort Wayne-to-Chicago r
WHITE HOUSE OFFICIALS WARN OF GATT RATIFICATION DELAY
John Maggs |
Administration officials were warning Monday that senior aides to President Clinton have concluded i
FEDERAL EXPRESS POSTS GAIN DESPITE SNOW AND EARTHQUAKE
William Armbruster |
Federal Express Corp. reported a sharp gain in earnings for the quarter ended Feb. 28 despite servic
SANTA FE EXECUTIVE SEEKS TO EASE BORDER CROSSINGS
Kevin G. Hall |
To more fully reap the benefits of the North American Free Trade Agreement, a multinational border a
RUSSIA TO IMPOSE WIDE-RANGING TARIFF INCREASES
Geoff Winestock |
Russia will raise import tariffs beginning today on a wide range of goods, including processed foods
PEOPLE - TRANSPORT
Wire and Staff Reports |
AMERICAN AIRLINES (Fort Worth) - Keith W. Dayton was named managing director of cargo marketing.
CARDINAL FREIGHT TO OPEN NEW FLATBED DIVISION
Journal of Commerce Staff |
Cardinal Freight Carriers will open a new flatbed division to tap markets in the East, Southeast, Mi
SHIP LINES SATURATING NEW VIETNAM TRADE
Bill Mongelluzzo |
For a country whose people are too poor to buy most consumer items, Vietnam has attracted an amazing
TRANSPORT BRIEFS
Wire and Staff Reports |
PEMCO WILL MODIFY AIRCRAFT FOR TURKEYBIRMINGHAM, Ala. - The Pemco Aeroplex subsidiar
SAFETY BOARD SETS COMMUTER AIRLINES STUDY
Associated Press |
The National Transportation Safety Board, responding to a number of commuter airline accidents, is p
STOCK PRICES, VOLUME SOAR AS CHINA SETS RESCUE PLAN
Andrew Browne |
China's top securities regulator on Monday unveiled a four-point plan to rescue collapsing stock pri
FRA SEEKS COMMENTS ON PLAN FOR MAINTENANCE-CAR SAFETY RULES
Rip Watson |
The Federal Railroad Administration has proposed that railroad cars used for track maintenance meet
IRA ATTACKS AT HEATHROW CAUSE CARGO BACKLOG AT BA
Keith M. Rockwell |
British Airways' cargo operations have suffered from delays and a backlog of freight because of thre
INSURANCE BRIEFS
From Wire and Staff Reports |
ALLSTATE RATE INCREASE REDUCED IN CALIFORNIANEW YORK - The California Department of
EMERGENCY FUNDS AGAIN OK'D FOR IDAHO INSURANCE DEPARTMENT
Associated Press |
Legislative budget writers have again approved emergency money to replace the Insurance Department's
COST OF CREDIT
JOC Staff |
Monday, March 14, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
NCCI NAMES COMMUNICATIONS DIRECTOR
Journal of Commerce Staff |
Deborah Humphrey, previously communications director at Chicago's Museum of Science and Industry, ha
OKLAHOMA OFFICIAL: COMP FUND SHOULD COMPETE WITH INSURERS
Ellen Knickmeyer |
Businesses will have to pay more for their state-supplied workers compensation insurance if the stat
CANADIAN INSURER THROWS DOUBT ON QUAKE COVERAGE
From Wire Reports |
An insurance executive caused some controversy at the annual meeting of Canada's insolvency protecti
LLOYD'S PRODS ITS NAMES TO PAY UNDERWRITING DEBT
Margo D. Beller |
Lloyd's of London officials said there is legal precedent for the market to force 2,500individual me
8 INSURERS IN '93 FAILED TO MEET SOLVENCY RULES IN MALAYSIA
Knight-Ridder Financial |
Eight insurers failed to meet solvency margins in 1993, compared with 11 in 1992, Malaysia's Directo
UK RETAIL SALES EXPECTED TO RISE
Knight-Ridder Financial |
U.K. retail sales will rise by a modest 0.2 percent in February from January, and 3.2 percent from F
DAILY PETROLEUM PRICES
JOC Staff |
Monday Mar. 14, 1994 Prevailing sellers' posted prices at the close of business, representin
USE OF PLASTIC, ALUMINUM IN CARS LOSES ITS LUSTER
Al Haas |
Earlier in this decade, many people in the auto industry thought that the car bodies of tomorrow wou
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
TAIWAN FIRM TO BUILD NAPHTHA UNITS IN CHINATAIPEI, Taiwan - Taiwan's largest private
UNCERTAINTY OVER LAND LEASES MAY HURT FIJI'S EXPORTS OF SUGAR
Fiona Gillies |
Political and industry leaders are warning of a slowdown in Fiji's vital sugar industry because of u
SPOT COMMODITIES
JOC Staff |
Mar. 14, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
RAIL SUBSIDIES AID CANADIAN BARLEY SALES IN US, REPORT SAYS
Juan Miguel Pedraza |
Freer trade likely would result in sharply increased sales of Canadian barley in the U.S. market, tw
OUTSIDE FUNDING EXPECTED TO FLOW TO INDIA METAL FABRICATION INDUSTRY
Knight-Ridder Financial |
Large overseas investments are more likely to flow into India's metal fabrication industry than into
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
GOVERNMENT WORKERS HAIL GERMAN WAGE PACT
Knight-Ridder Financial |
German government employers welcomed a 2 percent wage deal with the Public Service and Transport uni
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Mar. 11, 1994.
SEA CONTAINERS REPORTS INCREASE IN PROFIT ON DROP IN REVENUE
Journal of Commerce Staff |
Sea Containers Ltd., the Bermuda-based container lessor and ports and ferry operator, posted net inc
Maritime
SHIP COLLISION IN BOSPHORUS KILLS 15 16 MISSING STRAIT IS CLOSED
Reuters |
A fiery collision between an oil tanker and a freighter in Istanbul's Bosphorus Strait killed at lea
Maritime
IMPORT LEADS
JOC Staff |
CORK GOODS Agglomerated cork. Contact: Bouchons Franco Portugais, 6 Cours du Medoc, F- 33300
Maritime
IMF APPROVES $467 MILLION LOAN PACKAGE TO IVORY COAST
Knight-Ridder Financial |
The International Monetary Fund said it approved a three-year credit for the Ivory Coast totaling ab
Maritime
INDIAN STEELMAKER ISPAT CONTINUES TO BRANCH OUT
Rahul Sharma |
India's leading steelmaker, the Ispat Group, is consolidating its foreign business, bidding for a st
Maritime
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