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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
FIVE-YEAR PROJECTION: STRONG VOLUME GROWTH, WEAK PROFITS
Aviva Freudmann |
Despite the current doldrums in some trade lanes, liner shipping can look forward to better days ove
SPOT NATURAL GAS PRICES
JOC Staff |
Dynegy, Inc. -- Posted prices for May 2000DYNEGY INC.For Markets Accessed By:Receipt
CREW TIPS COAST GUARD TO LEAK
Associated Press |
A tanker captain has been charged with failing to report a leak in his ship after the Coast Guard wa
Maritime
MING HSU IS NAMED NOL POLICY ADVISER
JOC Staff |
NOL Group has named Ming Chen Hsu, a former member of the Federal Maritime Commission, senior advise
Maritime
TMM POSTS $6.4 MILLION PROFIT
JOC Staff |
Transportacion Maritima Mexicana, Mexico's largest logistics and multimodal company, reversed a firs
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 2, 2000PREV.CLOSE HIGH LOW VOL. CLOSEApr. --
Maritime
INSURERS BACK DOT'S PROPOSAL
Ron Lent |
Insurers' organizations support proposed Transportation Department regulations to change the number
FIRMS CAN GET COVER AGAINST HOSTILE BIDS
Ronald Gift Mullins |
Lloyd's of London has begun offering corporate risk managers of North America a new tool to recover
W.R. BERKLEY TURNS CORNER IN FIRST QUARTER
JOC Staff |
W.R. Berkley's net income for the first quarter was $4.3 million, compared with a net loss of $1.3 m
FEDEX ANNOUNCES NEW E-COMMERCE DIVISION
JOC Staff |
Federal Express Corp.'s logistics division has launched another offshoot of its FedEx Supply Chain S
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
MAY 3, 2000U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
SPOT COMMODITIES
JOC Staff |
MAY 4, 2000Included are list prices of suppliers. Quotations do not necessarily represent pr
CIGNA POSTS PROFIT RISE IN FIRST QUARTER
JOC Staff |
For the first quarter of 2000, Cigna's net income was $271 million, compared with $188 million for t
ILINK GLOBAL EXPANDS NETWORK WITH AIT
JOC Staff |
iLink Global, an import-export logistics software and services company that targets electronic comme
CORPE TO FILL EGL POST IN EUROPE
JOC Staff |
EGL Inc., in a bid to bolster its international presence, has hired Geoffrey L. Corpe as executive v
PEOPLE ON THE MOVE
JOC Staff |
Skuld P&I ClubHANS LEVY, head of Skuld Copenhagen since 1971, has decided to retire. Skuld C
RALPH TO ADDRESS AMERICAS CONFERENCE
JOC Staff |
William Ralph, president of The Journal of Commerce Group and publisher of The Journal of Commerce,
Maritime
EASTERN EUROPE'S RAIL SYSTEM IN DISARRAY
Robert Koenig |
Efforts to improve railroads in the formerly communist countries of Central and Eastern Europe have
SHIPPERS REPORT LITTLE IMPACT FROM OSRA, MANALYTICS SAYS
JOC Staff |
Electronic commerce and passage of the Ocean Shipping Reform Act have produced little fundamental ch
Maritime
INSURERS URGED TO WORK WITH BANKS
Chris Barnett |
Export credit insurance, long deemed crucial to mitigate against deadbeat consignees, is increasingl
AMERICAN ORDERS 20 BOEING 757 JETS
JOC Staff |
American Airlines has ordered 20 Boeing 757200 mid-range jetliners in a deal worth $1.4 billion, the
NEW GRAIN TRANSPORT POLICY MAY HEAD OFF RATE HIKES
Courtney Tower |
Agricultural interests, irate over a recently approved 4.5 percent hike to transport Western Canadia
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The tradeleads are
Maritime
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILY NO.1 43,000 Continent
Maritime
UPS WEB SITE DEMONSTRATES ADVANCED SHIPPING APPLICATIONS
JOC Staff |
United Parcel Service has launched Brown & Brown, an online storefront designed to demonstrate advan
TANKER RATES JUMP AS DEMAND SOARS
Bruce Barnard |
Aging tankers sailing on their final voyage to the breakers' yards in Asia have won a stay of execut
EMERY WORLDWIDE ENHANCES WEB SITE
JOC Staff |
Emery Worldwide has redesigned its Web site (www.emeryworld.com) to include a Document Center that p
CON-WAY EXPANDS SERVICE IN CANADA
JOC Staff |
Con-Way Canada Express, a less-than-truckload carrier, is expanding its operations to five more prov
JOC-ECRI INDUSTRIAL PRICE INDEX
The JOC-ECRI Industrial Price Index is compiled from |
Spot price inflation rate smoothed, annualized *2000 High: 92.0
MALAYSIA'S HIGH-TECH INDUSTRY PRESSES RAILROAD TO INCREASE SERVICE AT PENANG
P.T. Bangsberg |
The Malaysian railway authority is under pressure to improve service at the northwestern Port of Pen
Maritime
COMPANIES EXPECT TO INCREASE NET USAGE
Ron Lent |
While U.S. corporations today make minimal use of the Internet for their commercial insurance or ris
ADMINISTRATION UNVEILS CHINA ENFORCEMENT EFFORT
Associated Press |
The Clinton administration, still searching for the votes it needs to win congressional passage of a
Maritime
SPOT COMMODITIES
JOC Staff |
MAY 3, 2000Included are list prices of suppliers. Quotations do not necessarily represent pr
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 2, 2000PREV.CLOSE HIGH LOW VOL. CLOSEApr. --
Maritime
CONNECTICUT INSURANCE COMMISSIONER RESIGNS
JOC Staff |
George Reider will be leaving his post as Connecticut insurance commissioner next month to teach col
BALTIC SEA BRIDGE DECISION EXPECTED
Robert Koenig |
For decades, freight forwarders have pushed for construction of a bridge between Denmark and Germany
ROQUETTE AMERICA JETTISONS STB PETITION
JOC Staff |
Roquette America said it will withdraw its petition with the Surface Transportation Board to reopen
LINES NOT GETTING ENTIRE $400 GRI
Bill Mongelluzzo |
Importers from Asia will pay more this year to ship their merchandise, but not as much as might be e
QUOTE TO NOTE
THOMAS L. FINKBINER, Chief executive Quality Distribution |
'The truckers tear apart (the IMCs) on service.'
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