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BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILYNO. 1 43,000 Continen
Maritime
API WEEKLY REPORT
JOC Staff |
THOUSANDS OF BARRELSWEEK WEEK WEEK ENDED ENDED ENDED
ALASKA'S BUSY AIRPORT HAVING GROWTH SPURT
Ian Putzger |
Anchorage International Airport, Alaska's premier cargo gateway, is in expansion mode.A 100,
Air Cargo
FIRST-QUARTER PROFIT ROSE AT 21ST CENTURY
JOC Staff |
21st Century Holding Co. reported record revenue for first-quarter 2000 of $9 million, vs. $6 millio
QUOTE TO NOTE
JIM GALLIGAN, Vice president of marketing Mitsui O.S.K. Lines |
'Carriers don't move ships around because they want to. They do it because shippers want it.'
Maritime
HUB GROUP WITHDRAWS OFFER TO SELL HGDS
JOC Staff |
Hub Group Inc. said that the letter of intent to sell its interest in Hub Group Distribution Service
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 22, 2000PREV.CLOSE HIGH LOW VOL. CLOSEMay --
Maritime
FAA ORDERS INSPECTIONS OF BOEING 767 AIRCRAFT
Associated Press |
The Federal Aviation Administration is ordering U.S. airlines to conduct emergency inspections of 12
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
Maritime
ELECTRONIC "WATCHDOG' TALLIES LEGAL BILLS
John Leming |
Keeping an accurate account of legal costs from the beginning to the end of a lawsuit has become inc
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 18, 2000PREV.CLOSE HIGH LOW VOL. CLOSEMay 1575.0
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
FRONTIER INSURANCE TO SELL DIVISION
JOC Staff |
Frontier Insurance Group. plans to sell Regency Insurance Co. to Tomoka Re Holdings Inc., an affilia
DOLLAR'S RALLY PICKS UP SPEED
Gordon Platt |
The dollar's rally gained momentum last week, after the Federal Reserve raised interest rates by one
GRAIN DEALERS URGED TO BACK RAILS
Lawrence H Kaufman |
Grain is the third-largest commodity carried by railroads, and grain and feed dealers have a vested
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
MAY 18, 2000U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
QUOTE TO NOTE
CLYDE J. HART JR., U.S. Maritime Administrator. Commenting on |
'I enjoy my job here. I enjoy the issues and I have no wish to leave.'
Maritime
PRIVATIZATION OF RAILROADS PUTS GRAIN ON TRACK VIA US-TO-MEXICO SHUTTLES
Lawrence H Kaufman |
The once inefficient and cumbersome grain trade with Mexico has become considerably more efficient s
Maritime
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
VESTA REPORTS PROFITABLE QUARTER
JOC Staff |
Vesta Insurance Group reported net income of $2.3 million for the first quarter, compared with a net
SHENZEN TO EXPAND CONTAINER SERVICES
P.T. Bangsberg |
Six more container berths will be added to the complex in Shenzhen adjacent to Hong Kong over the ne
Maritime
US INSURERS BACK CHINA TRADE BILL
Ronald Gift Mullins |
Major U.S. insurance trade associations are unified in supporting efforts to enact permanent normal
FUEL PRICES PUT LID ON KLM'S NET
Associated Press |
KLM Royal Dutch Airlines said its net profit for fiscal 1999 dropped sharply, mostly as a result of
US TO BACK IMMUNITY AT OECD MEETING
Peter M. Tirschwell |
After intense debate and maneuvering in Washington, the U.S. government will support maintaining oce
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILY NO.1 43,000 Continent
Maritime
8 COMPANIES JOIN LIST OF ILLEGAL TRANSSHIPPERS
Paula L. Green |
U.S. Customs has added eight names to its administrative list of Hong Kong companies convicted of il
Maritime
SPOT COMMODITIES
JOC Staff |
MAY 19, 2000Included are list prices of suppliers. Quotations do not necessarily represent p
DEVELOPERS HERALD PRIVATIZATION BILL
N. Vasuki Rao |
India's Parliament, in a move that is expected to speed up much-needed port privatization, has appro
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 19, 2000NO. 4/ NO. 6/ NO. 6/1% 1% 0.5
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The tradeleads are
Maritime
PARTNERS OFFER AID IN MODERNIZING
Jack Lucentini |
Two big names in the computer and international trade consulting businesses have joined forces to of
Maritime
DERINGER RECEIVES 1ST NATIONAL PERMIT
JOC Staff |
A.N. Deringer Inc. has become the first customs broker to be issued a U.S. customs permit that will
LLOYDS FORECASTS CONTINUING LOSSES
JOC Staff |
Lloyd's of London said that 1998 and 1999 may mark the bottom of an extended loss cycle for the enti
SLATER: STB MUST EXPEDITE DECISION
Associated Press |
Transportation Secretary Rodney Slater is calling for speedy completion of new rules governing railr
Maritime
BOX CARRIERS ON BUYING SPREE
Aviva Freudmann & Paul Richardson |
Fast growth in international container transport is fueling a growth spurt in major carriers' fleets
Maritime
JOC-ECRI INDUSTRIAL PRICE INDEX
The JOC-ECRI Industrial Price Index is compiled from |
Spot price inflation rate smoothed, annualized *2000 High: 92.0
MAJOR GAINS AND DECLINES IN RAIL CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
For the three weeks ended May 13, 2000, vs. the similar 1999 periodCARS CARSPER
BALTIC PANAMAX INDEX
JOC Staff |
May 19, 2000CURRENT: 1567 PREVIOUS DAY: 1561 DOLLARS/ DESCRIPTION
Maritime
BOND INSURERS POST RECORD RESULTS
JOC Staff |
Bond insurers had net income in 1999 of $1.21 billion, surpassing 1998's record $1.18 billion, accor
IPOWERTRADE, FREIGHTQUOTE.COM TO LINK SERVICES ON THE WEB
JOC Staff |
iPowertrade, a Web marketplace for surplus inventory, has agreed to form a strategic alliance with f
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