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Y2K DISRUPTIONS COULD HOBBLE MANUFACTURERS
Yuri Kageyama |
Leading manufacturers in Asia express confidence about their preparations for the Year 2000 computer
Maritime
KOREA COMPLETES BANK SALE TO FOREIGNER
JOC Staff |
U.S. investment fund Newbridge Capital signed a final contract to buy Korea First Bank last week, be
PSA-SICAL OPENS TERMINAL AT TUTICORIN
N. Vasuki Rao |
Shippers and carriers using the Port of Tuticorin should experience improved efficiency and lower co
Maritime
ASIAN PORTS RENEW Y2K SHIP WARNINGS
P.T. Bangsberg |
Hong Kong and Singapore, the world's two largest container ports, are taking extraordinary precautio
Maritime
SYNQUEST APPOINTS HARVEY PRESIDENT
JOC Staff |
Timothy M. Harvey was appointed president and chief operating officer at SynQuest Inc., the logistic
SPOT COMMODITIES
JOC Staff |
Dec. 22, 1999Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
DEC. 22, 1999 RESELLER RACKUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
BALTIC PANAMAX INDEX
JOC Staff |
Dec. 22, 1999CURRENT: 1214 PREVIOUS DAY: 1220 DOLLARS/DESCRIPTION
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Dec. 21, 1999PREV.CLOSE HIGH LOW VOL. CLOSEDec. --
Maritime
MUNICH RE BUYS STAKE IN BULGARIAN INSURER
JOC Staff |
Munich Re has bought 20 percent of Orel-G Holding, a general insurance company based in Sofia, for $
MONSANTO'S CATERERS BAN MODIFIED FOODS
JOC Staff |
U.S. biotechnology giant Monsanto Co. admitted on Wednesday that caterers at its British headquarter
Maritime
API WEEKLY REPORT
JOC Staff |
THOUSANDS OF BARRELSWEEK WEEK WEEK ENDED ENDED ENDED12/17/99
UP, GM EXTEND CONTRACT
Journal of Commerce Staff |
Union Pacific Railroad and General Motors Corp. said they have signed a five-year contract extension
SECURITY DEVICES CUT PREMIUM COSTS
Gene Linn |
The portability that makes laptop computers so convenient for people on the go also makes them prime
GERMAN INSURER TO BUY SHARES IN POLISA
JOC Staff |
Germany's Tachyion will buy 110 million shares of Polish insurer Polisa. Neither party said what the
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FEDEX ANTICIPATES RECORD DAILY VOLUME
JOC Staff |
Federal Express Corp. said it expects to move about 4.5 million packages during its busiest day this
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
QUOTE TO NOTE
TOMMY THOMSEN, President Maersk Sealand. Commenting that |
'We're being very careful on systems integration.'
Maritime
PEOPLE ON THE MOVE
JOC Staff |
H.L. Albritton Transportation Management Inc.THERESA M. LEWIS was appointed director of pric
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
WING BRIDGE TO ADD MOBILE TO GULF SERVICE
JOC Staff |
Wing Bridge Shipping Co. will add Mobile next month to its biweekly, fixed-day service on a combinat
Maritime
ARAMEX TO OPEN MOROCCAN OPERATION
JOC Staff |
Aramex International Ltd., an international express and freight forwarding company specializing in t
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 22, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%
PRIVATIZATION PLAN FOR EXPRESS COURIER ATTRACTING INTEREST
Daniel J. Mccosh |
Mexico's decision to privatize the express courier unit of the Mexican postal service has sparked in
DUPONT PHOTOMASKS BUYS FRENCH PLANT
JOC Staff |
DuPont Photomasks Inc. Wednesday said it had signed a definitive agreement to buy a joint-venture se
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
GROUP DECLINES TO SELECT SINGLE DATA TECHNOLOGY
William Armbruster |
A group of leading airlines and air freight forwarders has apparently rejected the idea of using a s
CARGO WATCH: DOLE OCEAN LINER EXPRESS
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot units (TEUs)Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July
Maritime
HANDLER TAKES STEPS TO AVOID Y2K DISRUPTIONS
P.T. Bangsberg |
Hong Kong's main air cargo handler, concerned about potential Y2K computer disruptions, is asking cu
US TO MAINTAIN GLOBAL E-COMMERCE LEAD, SURVEYS SAY
Journal of Commerce Staff |
The United States will retain its global lead in electronic commerce well into the next decade, acco
Maritime
"SANTA' SCHROEDER HAILED FOR TAX GIVEAWAYS
JOC Staff |
Chancellor Gerhard Schroeder was cast as the Santa Claus of German politics on Wednesday when commen
OIL SLICK MAY HIT FRENCH COAST
Pierre-Henri Allain |
A giant oil slick threatening France's west coast might hit the tiny Ile d'Yeu and Noirmoutier islan
Maritime
CUSTOMS DELAYS VISA PROGRAM EXPANSION
Paula L. Green |
U.S. Customs has delayed a planned expansion of a program that allows pre-import processing of visas
Maritime
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
2 VENTURE CAPITAL FIRMS TO FUND DOT-COM FIRM
JOC Staff |
Freightquote.com, an Internet-based freight transportation company, announced it has raised an unspe
SCI, MOL IN VENTURE TO TRANSPORT LNG
N. Vasuki Rao |
Shipping Corp. of India and Mitsui OSK Lines will participate in a joint-venture shipping company to
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Dec. 21, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
ST. PAUL TO BUY MMI FOR $200 MILLION, DEBT
JOC Staff |
St. Paul Cos. plans to buy MMI Cos. for $200 million and the assumption of about $120 million in de
CP TO BUY PARTNER'S STAKE
Aviva Freudmann |
CP Ships will acquire the 50 percent stake held by its joint-venture partner, Transportacion Maritim
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