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LONG, HOT SUMMER LIKELY AT O'HARE
The Associated Press |
A summer of flight delays could be in store at O'Hare International Airport if federal aviation offi
BEATSON RESIGNS AS CEO, STOCK PLUNGES
William Armbruster |
The siren call of e-commerce has lured one of the logistics industry's biggest names.David I
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Ma
Maritime
CNA FINANCIAL POSTS FIRST-QUARTER PROFIT
JOC Staff |
Net profit for the first quarter of 2000 was $141 million for CNA Financial Corp., compared with a n
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CHINA LINE LEASES B-400 ON CHICAGO CARGO ROUTE
JOC Staff |
China Southern Airlines has begun flying a new Boeing 747-400 on its recently started Shenzhen-Chica
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 15, 2000NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%
GASOLINE PRICES
JOC Staff |
MAY 15, 2000 RESELLER RACKUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGULAR
AIRLINE GETS A LIFT FROM HIGH-TECH CARGO
Chris Barnett |
When most people visit New Zealand and Australia, they sightsee, quaff foamy beer and dive into a fl
Air Cargo
ALLEGHANY COMPLETES SALE TO SWISS RE
JOC Staff |
Alleghany Corp. has completed the sale of its Underwriters Re Group Inc. to Swiss Re America Holding
PREUSSAG TO SELL SHARES OF CONTAINER LINE
Robert Koenig |
The parent company of German ocean carrier Hapag-Lloyd AG plans to sell nearly half of the shares of
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
MAY 11, 2000U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILY NO.1 43,000 Continent
Maritime
SWISSAIR MAY INVEST IN BRAZILIAN AIRLINE
JOC Staff |
International airline conglomerate Swissair is considering the purchase of a stake in a major Brazil
PLANNERS SEE ISTHMUS AS TOURIST MAGNET
Associated Press |
Classrooms where Latin America's generals once studied the arts of war are being turned into five-st
Maritime
COCAINE FOUND HIDDEN ABOARD FREIGHTER
JOC Staff |
U.S. Customs inspectors found about $1 million worth of cocaine on a freighter that arrived from Hai
Maritime
ACE LTD. CHIEF CRITICIZES US TAX LAW
JOC Staff |
Brian Duperreault, chief executive of ACE Ltd., based in Bermuda, used an International Insurance Da
NORTHWEST'S VIP SERVICE GETS NEW ADDRESS
JOC Staff |
Northwest Airlines' ''VIP Same Day Package Service'' office will move to a new location on May 21.
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The tradeleads are
Maritime
"ERIKA' OIL SPILL INCREASES PRESSURE ON CLASS SOCIETIES
Aviva Freudmann |
The spectacular breakup and sinking of the tanker Erika off the Brittany coast last December has yie
WAN HAI USING TRADIENT SERVICES
JOC Staff |
Taiwan's Wan Hai Lines said it is now participating at Tradiant's online marketplace for global tran
Maritime
COURT WON'T RECONSIDER ITS RULING BUT MAY AGREE TO REHEAR THE CASE
Jack Lucentini |
A federal appeals court panel refused to reconsider a ruling that exporters are entitled to full ref
Maritime
ANALYSTS PREDICT FED RATE INCREASE WILL BOOST DOLLAR
Gordon Platt |
The U.S. dollar could get a strong boost this week if the Federal Reserve raises interest rates by o
BOEING SPARE PARTS AVAILABLE IN AMSTERDAM
JOC Staff |
Boeing Co. has opened a spares center in Amsterdam.Boeing said the new center ensures that E
PILOTS SAY STAFF SHORTAGE CAUSED CANCELED FLIGHTS
Associated Press |
Pilots union officials say a lack of staff is the reason for crew shortages that drove United Airlin
QUOTE TO NOTE
RICK GINLEY, Spokesman APL Ltd.. Commenting on operations at |
'Everything is pretty much back to normal.'
Maritime
NAVISTAR ADJUSTS TO LTL PROBLEMS
Daniel J. Mccosh |
Many multinational companies operating in Mexico have little difficulty deciding whether to employ a
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
BALTIC PANAMAX INDEX
JOC Staff |
May 12, 2000CURRENT: 1544 PREVIOUS DAY: 1534 DOLLARS/ DESCRIPTION
Maritime
ROYAL & SUN POSTS DECREASE IN PROFITS
JOC Staff |
Royal & Sun Alliance Insurance Group plc, based in London, reported operating profits of $221 millio
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
MAJOR GAINS AND DECLINES IN RAIL CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
For the three weeks ended May 6, 2000, vs. the similar 1999 periodCARS CARSPE
GERMANS SEEK EXPERTISE FROM PRIVATE SECTOR
Robert Koenig |
Aside from the usual search for ''a few good men,'' the German military is looking for a few good tr
PASSENGER TRAFFIC, CARGO INCREASED DURING YEAR'S FIRST MONTHS
Associated Press |
Amtrak riders and revenue increased in the first four months of 2000, compared with the same period
AFRICAN-CARIBBEAN TRADE BILL HELPS US SUIT MAKERS
Paula L. Green |
U.S. wool suit manufacturers will benefit from the passage of federal legislation that gives some tr
Maritime
LOGISTICS OPERATIONS BOOST OPERATING RESULTS
JOC Staff |
Pacer International, the North American transportation and logistics services provider, said its ope
KLM, BA TALKS BECOME "INTENSE'
JOC Staff |
KLM Royal Dutch Airlines and British Airways are discussing a possible alliance, according to Dutch
CIRCLE POSTS INCREASED PROFIT FOR 1ST QUARTER
JOC Staff |
Circle International Group Inc., the San Francisco-based customs broker, forwarder and logistics com
INSURANCE INDUSTRY STILL STRONG DESPITE 35 INSOLVENCIES IN 1999
Ronald Gift Mullins |
Though 35 insurance companies were declared insolvent in 1999, up from 20 in 1998, the insurance ind
PEOPLE ON THE MOVE
JOC Staff |
Risk and Insurance Management Society Inc.ROGER ANDREWS, general counsel/director, risk mana
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