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PENSKE VENTURE GEARS UP FOR E-COMMERCE
Thierry Ogier |
Penske Logistics' 50-50 joint venture in Brazil, set up in 1998 to cater to the automotive business,
NEW PORT SEEKS HELP FROM DUBAI
P.T. Bangsberg |
Malaysia's newest port is in early discussions with the Dubai Ports Authority about a business partn
Maritime
MAJOR GAINS AND DECLINES IN RAIL CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
For the three weeks ended Dec. 18, 1999, vs. the similar 1998 periodCARS CARS
FORTUNE RANKS AFLAC AS BEST TO WORK FOR
JOC Staff |
For the second consecutive year, AFLAC was ranked as the best insurance company to work for, accordi
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Dec. 24, 1999PREV.CLOSE HIGH LOW VOL. CLOSEJan. 1245.0
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
QUOTE TO NOTE
MARK PAGE, Research director Drewry Shipping Consultants. |
'It's one more brick in the wall, in terms of industry consolidation.'
Maritime
SHIP FIXTURES
BRIDGE NEWS _ The dry cargo and tanker fixtures listed |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
17 PLANES ORDERED TO REPLACE OLD FLEET
Associated Press |
Days after one of its cargo planes crashed in England, Korean Air said it plans to replace 15 aging
NIGERIA-US AIR SERVICE COULD RESUME SOON
JOC Staff |
Air service between the United States and Lagos, Nigeria, could resume as the result of an assessmen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 27, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Buckle
KOREA LIFE SUES MORGAN GUARANTY
JOC Staff |
Korea Life Insurance Co. sued Morgan Guaranty Trust Co., a unit of J.P. Morgan & Co., alleging that
IN SURPRISE MOVE, AETNA BOOSTS STAKE
P.T. Bangsberg |
The overseas arm of Aetna Inc. abruptly increased its stake in a Hong Kong joint venture, triggering
INDUSTRIAL PRODUCTION RISES IN JAPAN
JOC Staff |
Japan produced more evidence Monday that the world's second-largest economy has improved as industri
Maritime
HALIFAX MOVES TO EXTEND REACH
Courtney Tower |
The Port of Halifax, Nova Scotia, is expected to be one of the chief beneficiaries of the planned me
STUDY: INTERMEDIARIES FACE CATCH-22
Helen Atkinson |
Ocean shipping intermediaries are threatened by a new type of Web-generated ''infomediary,'' but are
US STEEL IMPORTS DECLINED IN NOVEMBER
JOC Staff |
Shipments of steel into the United States fell 7.1 percent during November from the previous month,
Maritime
SEVERAL PORTS TO CURB OIL LOADING OVER Y2K PERIOD
Reuters |
Several ports and terminals worldwide will ban oil loading and ship traffic for four to 24 hours to
Maritime
TRENWICK GROUP, LASALLE RE TO MERGE
JOC Staff |
Trenwick Group Inc. and LaSalle Re Holdings Ltd. will merge and form a new Bermuda holding company c
CELANESE AG ACQUIRES STAKE IN KOREAN FIRM
JOC Staff |
Ticona, the engineering polymers business of Celanese AG, and Hyosung Corp., a South Korean business
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
CARGO WATCH: LYKES LINES
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr
Maritime
DUTCH GROUP BUYS AUTO LOGISTICS COMPANY
JOC Staff |
Dutch road transport group Koninklijke Frans Maas NV has acquired Belgium's Ghemar NV from Almabo NV
GANNON TO HEAD ALLIED WORLDWIDE
JOC Staff |
Jeffrey P. Gannon will take over Jan. 5 as chief executive of Allied Worldwide, which owns North Ame
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
CHANGE URGED FOR GLOBAL MAIL GROUP
JOC Staff |
The British Post Office has warned that the Universal Postal Union, a global mail-standards body, mu
Air Cargo
CUT COSTS, BUT DON'T SACRIFICE SERVICE
Guest Commentary - PETER BROWN |
The cry is heard echoing up and down the halls of every shipping department: ''Reduce transportation
Air Cargo
SERVICE LAUNCHED TO SRI LANKA CAPITAL
P.T. Bangsberg |
China Airlines, continuing its expansion of cargo services, added the Sri Lankan capital of Colombo
AIG PROGRAM COVERS EXPOSURE FOR AVIATION PRODUCT, PREMISES
John Leming |
AIG Aviation Inc. has unveiled a general liability insurance program for organizations with both avi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Journal of Commerce Industrial Price Index is compiled |
Spot price inflation rate smoothed, annualized *1999 High: 95.2 1999 Low: 86.7 1998 H
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILY NO.1 43,000 Contine
Maritime
CARRIER TO USE INTERIM EUROPEAN CARGO HUB
P.T. Bangsberg |
The cargo unit of Malaysia Airlines Systems Bhd. is shifting its European hub to Maastricht in the N
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Dec. 23, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
AIRLINE SET TO MAINTAIN UPWARD COURSE IN 2000
Daniel J. Mccosh |
Aeromexpress is flying into the new millennium with an experienced pilot taking over the controls.
Air Cargo
HAMILTON INTERNATIONAL EXPANDS ITS CARGO CAPACITY
Ian Putzger |
Canada's Hamilton International Airport has just completed a major step to take it into the intercon
Air Cargo
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots -- per ton lots & in warehouse mi
INDIA RECOVERS HIJACKED FREIGHTER AFTER FIVE MONTHS ON THE SEAS
P.T. Bangsberg & N. Vasuki Rao |
For the second time in two months, the Indian Coast Guard has captured a hijacked cargo ship, this t
Maritime
SPOT COMMODITIES
JOC Staff |
Dec. 27, 1999Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
DEC. 27, 1999 RESELLER RACKUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
SWISSCARGO NAMES FISCH VICE PRESIDENT
JOC Staff |
Jann Fisch will become executive vice president for marketing and sales of Swisscargo, effective Mar
Air Cargo
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