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USE CAUTION WITH SEMI-SECURED TERMS
Export ABCs - Frank Reynolds |
So far in our payment terms saga we've seen letters of credit and sight draft vs. documents. We'll n
Transport, Trade and Regulation News
RATES TO INCREASE $400 PER FEU
Bill Mongelluzzo |
Shipping lines that carry U.S. imports from Asia confirmed that they will raise their rates $400 per
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $ DailyNo. 1 43,000 Contine
Maritime
CARGO WATCH: MIAMI
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)July Aug. Sept. Oct. Nov. Dec. Jan. Feb
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 19, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Oct. 18, 1999PREV. CLOSE HIGH LOW VOL. CLOSEOct. 1460.0
Maritime
EXPORT OPPORTUNITIES
The trade leads are generated from around the world on a daily |
The leads are classified and listed by their Harmonized System (HS) codes. U.S. firms should note th
Transport, Trade and Regulation News
WORLD TRADE CENTER LEADS
WTCA On-Line |
For further information:These trade leads are supplied by WTCA On-Line, a service of the Wor
Transport, Trade and Regulation News
FORWARDERS WANT BRAZIL TO CHANGE ITS CUSTOMS CLEARANCE PROCEDURES
Kevin G. Hall |
Tired of taking a back seat to airlines, large air-freight forwarders are seeking changes to speed t
THREE FIRMS CREATE ONE INSURANCE "IF'
JOC Staff |
''If'' is the new name of what will become the Nordic region's largest property/casualty insurer, a
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores. Tued
ILWU TAKES MEMBERSHIP VOTE AS HAWAII PREPARES FOR A STRIKE
Tom Kaser |
The International Longshore and Warehouse Union in Hawaii is taking an island-by-island strike vote
Maritime
INTERNET MAKES INROADS IN LOGISTICS SECTOR
Helen Atkinson |
At this week's annual meeting of the Council of Logistics Management, it has been standing room only
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Oct. 18, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GASOLINE PRICES
JOC Staff |
Oct. 19, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
SHERIFFS COMING TO WILD WEST
Cyber Trader - Dennis Stillwell |
''Wild West'' is a term used to describe doing business on the Internet. It certainly has been virgi
Transport, Trade and Regulation News
COSCO, UNIGLORY PLAN MIDEAST-CHINA ROUTE
Paul Richardson |
China Ocean Shipping Co. and Taiwan's Uniglory Marine, part of Evergreen Group, will start a new joi
Maritime
CARRIER AGREES TO SETTLE LAWSUIT
Terry Brennan |
Evergreen America Corp. has agreed to settle a class-action lawsuit alleging that it billed trucking
FDX LOGISTICS ARM CHANGES ITS NAME
JOC Staff |
Caliber Logistics Inc. is changing its name to FDX Supply Chain Services.The company said th
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Department of Agriculture; Journal of Commerce |
No text.
Maritime
TRUCK RATE BUREAUS WITHDRAW PROPOSAL FOLLOWING STB ACTION
Journal of Commerce Staff |
Four truck rate bureaus have withdrawn a proposal to increase freight rates by 4.9 percent to 5.5 pe
FCC PUTS WEIGHT BEHIND 5.9 BAND
Global Products Standards - Amy Zuckerman |
It appears that the Federal Communications Commission is moving ahead with approval of the new 5.9 G
Transport, Trade and Regulation News
EXPORTS THROUGH CANADA TO GET CLOSER SCRUTINY
Jack Lucentini |
U.S. Customs says it may soon tighten enforcement of rules requiring shippers' export declarations t
SPOT COMMODITIES
JOC Staff |
Oct. 19, 1999Included are list prices of suppliers. Quotations do not necessarily represent
NORTH CAROLINA RAIL CASE IS DISMISSED BY STB
Journal of Commerce Staff |
The Surface Transportation Board ended a protracted leasing dispute involving Norfolk Southern Corp.
CORRECTIONS
JOC Staff |
Contrary to a report on Page 20 of Friday's edition (''NIT League to Marad: Approve the deal''), the
HARSCO CORP ACQUIRES PANDROL JACKSON
JOC Staff |
Harsco Corp., which manufactures rail maintenance equipment, said it completed the $48 million purch
CP BEGINS BUILDING CUSTOMER RAIL SPUR
JOC Staff |
Canadian Pacific Railway Co. has broken ground on an eight-mile rail line to serve a Union Carbide p
CHINA ATTEMPTS TO RESTORE ITS ATTRACTIVENESS TO INVESTORS
P.T. Bangsberg |
For years, China has been the world's largest magnet for foreign direct investment after the United
Transport, Trade and Regulation News
EXPANSION OF LOGISTICS SERVICES ADDS TO LIABILITY FOR OPERATORS
Ronald Gift Mullins |
No longer just places to store goods, warehouses are now a significant link in the logistics chain.<
PEOPLEONTHEMOVE
JOC Staff |
COUNCIL OF INSURANCE AGENTS & BROKERSROBERT A. GLEASON JR., chairman and chief executive of
FIRST AMERICAN TITLE FINED $2.5 MILLION
JOC Staff |
First American Title Co. has agreed to pay a $2.5 million fine for providing illegal kickbacks to re
NORTHWEST ALTERS POLICY ON HAZMAT, PASSENGERS
William Armbruster |
Northwest Airlines' decision to stop carrying hazardous goods such as lithium batteries on its passe
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
BALTIC FREIGHT INDEX
JOC Staff |
Oct. 19, 1999CURRENT: 1385 PREVIOUS DAY: 1374 The Baltic International Freight Futures M
Maritime
CUSTOMS PROCESS IS BEST WHEN BORING
Customs Update - Customs Update is a weekly column |
Years ago during a conference in Brussels of the World Customs Organization, I was taken by how cult
Transport, Trade and Regulation News
ECONOMIST SAYS CHINA MAY LOWER TARIFFS REGARDLESS OF WTO ENTRY
JOC Staff |
China could lower import tariffs from a current average of 15 percent to below 10 percent in the nex
Transport, Trade and Regulation News
REPORT WARNS BUYERS OF RISK IN SPECIALTY SECTOR
Journal of Commerce Staff |
The blurring between standard and nonstandard risks could hurt insurance buyers, according to a new
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