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GASOLINE PRICES
JOC Staff |
FEB. 22, 2000 RESELLER RACKUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGULA
FRENCH STORMS MAY COST INSURERS $6 BILLION
JOC Staff |
The violent storms that ravaged France at the end of December will cost the insurance industry betwe
TORNADO LOSSES MAY REACH $25 MILLION
JOC Staff |
Insured losses from the tornadoes and storms that struck Georgia, Alabama and Arkansas last week cou
SHIPOWNERS NOT EXPECTED TO FACE HIGHER RATES THIS YEAR, REPORT SAYS
Ronald Gift Mullins |
With renewals for protection and indemnity coverage almost buttoned up for policy year 2000, rates f
NEW RIVERFRONT TERMINAL FOCUS OF DEVELOPMENT
Joseph Bonney |
A quarter century after moving most of its container-handling away from the Mississippi River, the P
VOLUME UP, P&O NEDLLOYD OFFICIAL SAYS
Aviva Freudmann |
The rebound in Europe-to-Asia cargo trade is gathering pace and rates are rising accordingly, accord
Maritime
LYKES REPLACING DAMAGED VESSELS
Paul Richardson |
Lykes Lines has chartered one ship and is negotiating for another to replace two vessels on its Nort
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
FEB. 18, 2000U.S. spot oil product price indications, sellers range, in cents per gallon, f.
BALTIC PANAMAX INDEX
JOC Staff |
Feb. 22, 2000CURRENT: 1418 PREVIOUS DAY: 1412
Maritime
PRONETLINK ALLIES WITH ECREDIT.COM TO OFFER GLOBAL TRADE SERVICES
Financing Trade - Gordon Platt |
ProNetLink.com, which provides e-commerce capabilities for companies involved in global trade, has e
Transport, Trade and Regulation News
AIG FORMS ALLIANCE WITH JAPAN'S YASUDA
JOC Staff |
Japan's Yasuda Mutual Life Insurance Co. has formed an alliance with American International Group In
RATTRAY SUCCEEDS BEARD AT ANZDL HELM
JOC Staff |
Stuart Rattray was named chief executive of Australia-New Zealand Direct Line, replacing Michael Bea
Maritime
FRASER RIVER PORT HAS NEW CONTAINER CRANE
JOC Staff |
Fraser River Port Authority, a regional port just south of Vancouver, took delivery of a new $7 mill
Maritime
MAJOR GAINS AND DECLINES IN RAIL CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
For the three weeks ended Feb. 12, 2000, vs. the similar 1999 periodCARS CARSP
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Feb. 21, 2000PREV.CLOSE HIGH LOW VOL. CLOSEFeb. 1427.0
Maritime
AVERAGE PAY FOR DOCKERS TOPS $100,000
Bill Mongelluzzo |
Average pay for full-time longshoremen in West Coast ports has topped the $100,000-a-year mark for t
COURIERS WORK TO SIMPLIFY REGION'S CUSTOMS PROCEDURES
William Armbruster |
Streamlining customs procedures in Latin America is the top priority for the organization of interna
Air Cargo
NEED FREIGHT SPACE? BOOK IT ON THE NET
Gene Linn |
In an industry that prizes speed, RightFreight.com claims it will arrive first with an Internet air
Air Cargo
DEPRESSED RATES UNLIKELY TO RISE IN CURRENT YEAR
Gene Linn |
When the venerable insurer Neare Gibbs went out of business recently, there were predictions that it
APPROVAL OF TAX UNLIKELY THIS YEAR
Tim Sansbury |
Several maritime industry leaders met last week and assessed prospects for congressional passage of
Maritime
IANA EXAMINES RESPONSIBILITY FOR EQUIPMENT
Lawrence H Kaufman |
The Intermodal Association of North America aims to solve the contentious issue of who is responsibl
JOC-ECRI INDUSTRIAL PRICE INDEX
The JOC-ECRI Industrial Price Index is compiled from |
Spot price inflation rate smoothed, annualized *2000 High: 90.0
TEAMSTERS WIN: UPS MUST CREATE 2,000 FULL-TIME JOBS IN 90 DAYS
Associated Press |
An arbitrator has ruled that United Parcel Service must create 2,000 full-time jobs under the terms
INTERNATIONAL BUNKER PRICES
JOC Staff |
Europe/Med. | Africa/Mid East | India/Far East/Aus. |Americas/Carib. EUROPE/MEDITER
Maritime
CARRIER TO LAUNCH SERVICE TO MANZANILLO
JOC Staff |
Australia-New Zealand Direct Line said it will begin regular port calls at Manzanillo, Mexico on its
Maritime
INFORMATION SYSTEMS TO BE DISCUSSED
William Armbruster |
The future of air cargo information systems will top the agenda at a Journal of Commerce conference
SPOT COMMODITIES
JOC Staff |
Feb. 18, 2000Included are list prices of suppliers. Quotations do not necessarily represent
EXPRESS CARRIERS CAPITALIZE ON REGION'S ECONOMIC RECOVERY
Ian Putzger |
As the Latin American economies rebound from their woes of a year ago, the large express operators a
Air Cargo
DOLLAR STRENGTHENS AS RATES INCREASE
Gordon Platt |
The dollar is getting a boost from rising short-term U.S. interest rates, with the Federal Reserve l
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Feb. 17, 2000PREV.CLOSE HIGH LOW VOL. CLOSEFeb. 1465.0
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 18, 2000NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Bu
"E-EXCHANGE PROVIDERS' SHAKE UP CARGO INDUSTRY
Ian Putzger |
Cargo Network Services, the U.S. cargo arm of the International Air Transport Association, has coine
Air Cargo
CORRECTION
JOC Staff |
The article on Page 10 of the Feb. 15 edition headlined ''Portland hopes China is in its future'' in
Air Cargo
PEOPLE ON THE MOVE
JOC Staff |
Risk and Insurance Management Society Inc.LINDA H. LAMEL, stepped down as executive director
QUOTE TO NOTE
BOB WEISS, Independent administrator Food Shippers Association |
'Those are pretty hefty increases.'
Maritime
PANALPINA QUITS IATA'S CARGO 2000
Robert Koenig & William Armbruster |
One of Europe's leading forwarding and logistics companies, Panalpina World Transport Ltd., announce
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
310-YEAR-OLD MARKET PUTS IN WRITING ITS OBJECTIVES FOR THE 21ST CENTURY
Ronald Gift Mullins |
Lloyd's of London, more than 310 years old, has adopted ambitious plans to guide it into the 21st ce
REQUIREMENTS RELAXED FOR WEST COAST JOBS
Bill Mongelluzzo |
Applicants for highly coveted West Coast longshore jobs no longer will be required to pass a basic e
Maritime
FIRMS VIE TO BOOK AIR CARGO
William Armbruster |
The race is on.A host of contenders have entered the competition to provide online cargo boo
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