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RATES ON THE RISE IN FLORIDA
Gene Linn |
Florida's chronic problems with workers compensation insurance are threatening to flare up again aft
CLINTON SIGNS BILL EXTENDING PROGRAM FOR DUTY-FREE IMPORTS
Jack Lucentini |
Importers will be owed refunds of duty payments made since late June, now that President Clinton has
Maritime
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
CONSOLIDATION, WITH CAUTION
Joseph Bonney |
Now that the Maersk Sealand merger is official, the carrier is moving quickly - but not too quickly.
CARGO WATCH: MEDITERRANEAN SHIPPING
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
MAJOR CARGO HANDLER REBOUNDS AS YEAR ENDS
P.T. Bangsberg |
Strong growth in shipments as the year draws to an end is powering Hong Kong's dominant air freight
TACOMA TO EXPAND FACILITIES FOR HYUNDAI
Reuters |
The Port of Tacoma, at Hyundai Merchant Marine's request, will expand its container terminal and int
Maritime
BALTIC PANAMAX INDEX
JOC Staff |
Dec. 20, 1999CURRENT: 1225 PREVIOUS DAY: 1234 DOLLARS/DESCRIPTION
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Dec. 17, 1999PREV.CLOSE HIGH LOW VOL. CLOSEDec. 1255.0 --
Maritime
PEOPLE ON THE MOVE
JOC Staff |
St. Paul Cos.PETER LEPPARDE was named chief executive of St. Paul Insurance Australia, a new
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
BNSF, CN TO CREATE N. AMERICA RAIL GIANT
Lawrence H Kaufman |
Canadian National Railway and Burlington Northern Santa Fe Corp. began the process of forming the la
CARRIER WON'T REDUCE WESTBOUND RATES
Chris Barnett |
Ken Choi relies on an old Korean proverb to help him resist the temptation to cut rates to fill his
EXPORTERS CALL US MOVE INADEQUATE
Jack Lucentini |
A U.S. exporters' group criticized a Commerce Department announcement that it would relax trade sanc
Maritime
SEVERAL FIRMS SEEK STAKE IN KOREAN VENTURE
P.T. Bangsberg |
A number of U.S. and other foreign companies are vying for stakes in South Korea's newly consolidate
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Dec. 17, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
MALAY AND THAI COMPANIES TO EXTEND RAILROAD
P.T. Bangsberg |
Southeast Asian companies, in another bid to wrest business away from Singapore, are planning to ext
"K' LINE ORDERS EIGHT CONTAINER SHIPS
JOC Staff |
Kawasaki Kisen Kaisha Ltd. (''K'' Line) has placed orders to build eight 5,500-TEU container ships.<
Maritime
ARGENTINE MINISTER WANTS TRANSPORT PLAN
JOC Staff |
Argentine Infrastructure Minister Nicolas Gallo called for a ''Marshall Plan'' to overhaul transport
COAL TERMINAL REPORT
Compiled by The Journal of Commerce staff from data provided |
Dec. 20, 1999This table shows the vessels scheduled to call at U.S. coal terminals and the e
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Dec. 16, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 20, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%
GLOBAL LIFE INSURANCE SALES STILL STRONG
Journal of Commerce Staff |
Global insurance premiums in 1998 grew by 2.2 percent to $2.16 trillion, from $2.13 trillion in 1997
DEUTSCHE POST EXTENDS AEI TAKEOVER OFFER TO FEB. 9
Reuters |
Deutsche Post AG said it has extended its $33-per-share offer for Air Express International until Fe
EU ERROR DELAYS COURT MOVE ON BEEF BAN
JOC Staff |
A legal drafting mistake has set back a deadline for France to lift its ban on British beef or face
Maritime
QUOTE TO NOTE
AARON GELLMAN, Director Transportation Center at Northwestern |
'The uncertainties facing industry are leading many companies to huddle together for warmth.'
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots -- per ton lots & in warehouse mi
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILYNO. 1 43,000 Contine
Maritime
SINGAPORE AIRLINES TO ACQUIRE LARGE STAKE IN VIRGIN ATLANTIC
Bruce Barnard |
Singapore Airlines is acquiring 49 percent of Virgin Atlantic Airways, Britain's second-largest long
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from De
Maritime
CHINA EVERBRIGHT FORMS VENTURE WITH 2 PARTNERS
JOC Staff |
China Everbright Ltd., Britain's Standard Life Assurance Co. and Australia's HIH Insurance Ltd. have
MOTOR CLUB TO BUY MOUNTAIN VALLEY
JOC Staff |
Unitrin Inc.'s subsidiary, Valley Insurance Co., will sell Mountain Valley Indemnity Co. to Motor Cl
FORWARDERS SEEKING BETTER LOGISTICS FLOW
P.T. Bangsberg |
Freight forwarders are stepping up the pressure on Hong Kong authorities for better logistics infras
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
EAGLE USA TO BUY CANADIAN FORWARDERS
JOC Staff |
Eagle USA Airfreight Inc., an air freight forwarder, said it will acquire Fastair Cargo Systems Ltd.
INTERMEDIARIES GROUP REVAMPS WEB SITE
JOC Staff |
The Transportation Intermediaries Association has launched a refurbished Web site on the Internet.
AMERICAN AIRLINES TO PAY FINE FOR STORING HAZARDOUS MATERIAL
Associated Press |
American Airlines pleaded guilty to storing a 55-gallon drum of a flammable material at Miami Intern
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 17, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley
RPS INC. TO OFFER RESIDENTIAL SERVICE
JOC Staff |
RPS Inc., FDX Corp.'s business-to-business small-package ground carrier, plans to go ahead with a re
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