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MARSH INC. TO BUY PERU'S LEADING BROKER
JOC Staff |
Marsh Inc. will acquire VidalInti, Peru's leading insurance broker, for an undisclosed price.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
TACA PLANNING NEW RATE INCREASES
Bruce Barnard |
The once-potent Trans-Atlantic Conference Agreement is trying to muster support for proposed rate in
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
CLINTON RESISTS EASING OF RULES
Kevin G. Hall |
In less than three months, an important provision of the North American Free Trade Agreement is supp
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
Maritime
GLOBAL AIR CARGO VALUE PASSES $2 TRILLION MARK
Journal of Commerce Staff |
Despite modest growth, the value of global air cargo trade surpassed the $2 trillion mark for the fi
Air Cargo
PARTY'S OVER, MOODY'S WARNS
Ronald Gift Mullins |
Declining reserves for U.S. property/casualty insurers are a cause for concern, says Moody's Investo
QUOTE TO NOTE
WILLIAM RALPH, President Port Import/Export Reporting Service, |
'Exports will actually turn around for the breakbulk industry next year.'
Maritime
BANK OF JAPAN IS LIKELY TO EASE POLICY
Gordon Platt |
One way or another, the Bank of Japan is expected to ease monetary policy at its meeting Wednesday,
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
VARIETY, GROWTH PREDICTED FOR FREIGHTER FLEET
Russ Banham |
A wide range of factors is influencing the types of aircraft that will be used to move air cargo in
Air Cargo
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
PEOPLE ON THE MOVE
JOC Staff |
Canadian National RailwayWILLIAM F. LYNESS was named to the newly created position of assist
TECH PACIFIC AUSTRALIA TAPS EMERY FOR LOGISTICS
JOC Staff |
Tech Pacific Australia, a distributor of information technology and telecommunications products, has
SPOT COMMODITIES
JOC Staff |
Oct. 7, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
FIRST AMERICAN TO BUY FIVE STAR HOLDINGS
JOC Staff |
First American Financial Corp. will buy Five Star Holdings Inc. of Irvine, Calif. Terms were not dis
NATION SEEKS TO BROADEN SCOPE OF WTO'S NEXT ROUND OF TALKS
Daniel J. Mccosh |
With a little over a month before the World Trade Organization launches a new round of global trade
Maritime
QUOTE TO NOTE
MIKE GRAY, manager of corporate logistics K-Swiss |
'There is no space problem to speak of this year.'
Maritime
BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $ DailyNo. 1 43,000 Contine
Maritime
INTERNATIONAL BUNKER PRICES
JOC Staff |
Europe/Med. | Africa/Mid East | India/Far East/Aus. |Americas/Carib. Europe/Mediterranean
Maritime
REPEAL INS LAW, GROUP REQUESTS
Jack Lucentini |
A business group wants Congress to repeal a law that it says would tie up border traffic by requirin
GEARBOXES ARE ON ORDER FOR HIGH-SPEED CONTAINER SERVICE
Jack Lucentini |
FastShip Atlantic Inc. said it ordered $35 million worth of gears for the super-fast container ships
Maritime
NAIC ADOPTS Y2K CONTINGENCY PLAN
JOC Staff |
Members of the National Association of Insurance Commissioners have adopted a national contingency p
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
NS EUROPEAN OFFICE TO MARKET FREIGHT SERVICES
JOC Staff |
Norfolk Southern Corp. has opened a European office in Brussels to market rail freight services, inc
"IMMIGRATION" SEIZURES OUTRAGE OWNERS
Courtney Tower |
Denis Coderre, the owner of a trucking company in Quebec, is an angry man.Five weeks ago, th
CARNES TO HEAD BAX DIVISION
Journal of Commerce Staff |
Joey Carnes was appointed president for BAX Global's U.S. and Canada divisions.Carnes will o
SECRETS UNLIKELY, SURVEY SUGGESTS
Jack Lucentini |
Though the Ocean Shipping Reform Act allows confidential shipper-carrier contracts, most shippers do
GASOLINE PRICES
JOC Staff |
Oct. 7, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEADREGULAR
BALTIC FREIGHT INDEX
JOC Staff |
Oct. 7, 1999CURRENT: 1280 PREVIOUS DAY: 1271 The Baltic International Freight Futures Ma
Maritime
AUSTRIAN AIR'S PLAN PROMPTS GROWING CONCERN
Robert Koenig |
When Austrian Airlines announced last month that it would join the Star Alliance next summer, the on
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
FRANCE SOFTENS STANCE ON ACCESS
Bruce Barnard |
France has eased its hard-line stance against cross-border rail competition, boosting the European U
ARMY LOOKING FOR GOOD FREIGHT MANAGER
Tim Sansbury |
Borrowing from its recruiting slogan, the Army wants to give third-party logistics providers a chanc
FOREIGN FLAG SHIPS WILL NEED LICENSE
N. Vasuki Rao |
India plans to enforce rules that require foreign-flag vessels operating in the domestic trade to ob
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
1,000 EXPECTED AT LOGISTICS CONFERENCE
JOC Staff |
Aspect Development Inc., a supply chain planning software company, says it expects some 1,000 execut
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Oct. 6, 1999PREV. CLOSE HIGH LOW VOL. CLOSEOct. 1375.0
Maritime
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