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THAI BANKS STILL STRUGGLE WITH LOANS
JOC Staff |
Thai banks would take at least two more years to sort out massive non-performing loan (NPL) problems
Maritime
AT&T IN PACT WITH BRITISH TELECOM
JOC Staff |
AT&T Corp. and British Telecom PLC said Thursday they had formed a strategic pact with the goal of p
Maritime
PACIFIC SHIPPERS SAY LAW IS WORKING
Bill Mongelluzzo |
After 4 1/2 months of ocean shipping deregulation, trans-Pacific shippers say market forces are begi
EDWARDS OFFICIAL TO TALK ON E-BUSINESS
JOC Staff |
Michael Schmitt, senior vice president of logistics software company J.D. Edwards & Co. will give a
WEEKLY COAL EXPORTS \ WEEK OF SEPTEMBER 6,-SEPTEMBER 10, 1999
PIERS, Journal of Commerce |
Only table.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Journal of Commerce Industrial Price Index is compiled |
Spot price inflation rate smoothed, annualized *1999 High: 94.2 1999 Low: 86.7 1998 H
SPOT COMMODITIES
JOC Staff |
Sept. 16, 1999Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Sept. 16, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGU
MEIJI LIFE, NISSHIN FORM ALLIANCE
JOC Staff |
Japanese life insurance firm Meiji Mutual Life Insurance Co. and a non-life insurance company Nisshi
TNT LTD. SIGNS AGREEMENT TO USE SOFTWARE FROM DESCARTES SYSTEMS
Helen Atkinson |
TNT Ltd., a package delivery and logistics provider, says it expects to gain a customer service adva
PHILIPPINES POSTS RISE IN IMPORTS FOR JULY
JOC Staff |
Philippine imports increased in July to their highest level since the beginning of last year, the la
Maritime
SHANGHAI HANGS HOPES ON NEW AIRPORT
Bill Savadove |
Shanghai opened a $1.57 billion airport on Thursday and Chinese officials said the new transport hub
QUOTE TO NOTE
HARVEY ISAACS, General counsel National Customs Brokers and |
'This is going much further than is appropriate.'
Maritime
RUSSIA CONFIDENT OF Y2K AIR READINESS
JOC Staff |
Russia's aviation authority said Wednesday it can guarantee the safety of flights over Russian terri
TWO NATIONS GET QUOTAS LIFTED
Paula L. Green |
Starting Jan. 1, Romania and Macedonia will be able to ship wool garments made with U.S. fabric to t
Maritime
SYNTRA NAMES GREGOR AS FINANCIAL OFFICER
JOC Staff |
Syntra Technologies, the international trade logistics software vendor with plans to expand into oth
BOEING MOVES PHANTOM WORKS TO HEADQUARTERS
JOC Staff |
Control of Boeing's Phantom Works is being moved from St. Louis to corporate headquarters here in a
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Sept. 15, 1999PREV. CLOSE HIGH LOW VOL. CLOSESept. 1230.0 12
Maritime
SWISS RE PROFIT SOARS IN FIRST SIX MONTHS
JOC Staff |
Swiss Reinsurance Co., the world's second-largest reinsurer, said first-half profit rose to 2.56 bil
FIVE EUROPEAN INSURERS RAISE DOUBTS ABOUT HOLOCAUST CLAIMS FORMULA
Journal of Commerce Staff |
European insurers participating in an international commission to resolve unpaid Holocaust-era insur
DISRUPTION WILL BE LIMITED
Kevin G. Hall |
Hurricane Floyd roared up the Eastern seaboard Thursday, but the powerful storm had few lasting effe
TRUCKER SAYS HE DISREGARDED SIGNAL BEFORE WRECK WITH AMTRAK TRAIN
Associated Press |
The man whose steel-loaded truck was hit by an Amtrak train in March told federal investigators that
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 16, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Sept. 15, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f
PEOPLE ON THE MOVE
JOC Staff |
American International Group Inc.JOSEPH SMETANA was appointed chairman, commercial lines div
AIG TO SELL COVERAGE TO READER'S DIGEST USERS
JOC Staff |
American International Group Inc. has signed an agreement to market insurance products to Reader's D
WORKERS TO VOTE ON DAIMLERCHRYSLER PACT
JOC Staff |
DaimlerChrysler AG and the United Auto Workers said Thursday they reached a tentative agreement on a
Maritime
RISING FUEL PRICES CUT INTO FDX PROFIT
William Armbruster |
Higher fuel costs cut operating income at FDX Corp. by $27 million in the fiscal first quarter ended
MAQUILADORAS CRITICIZE TAX CHANGES
Daniel J. Mccosh |
U.S. manufacturers, the Big Five accounting firms and the Border Trade Alliance are pressuring the C
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
*Sept. 15, 1999CURRENT: 1161 PREVIOUS DAY: 1143 The Baltic International Freight Futures
Maritime
CHINA MAY TOLERATE MORE FOOD IMPORTS
JOC Staff |
As China resumes key talks on entering the World Trade Organization, it is preparing to abandon a lo
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
NAVY REFUSES TO REVERSE RULING ON CULPABILITY
Michael Hedges |
Survivors of the worst sea disaster in U.S. naval history, the World War II sinking of the USS India
Maritime
TRANSPORT EXCHANGE TAPPED BY SAP AS WEB PARTNER
Helen Atkinson |
SAP AG, the German software giant, will incorporate services of the National Transportation Exchange
INDUSTRY DIVIDED ON IMPACT OF Y2K
Bridge News |
Europe's freight trucking industry is divided about whether the Year 2000 computer problems will hav
NORTHWEST COMES BACK FROM STRIKE
Press |
When angry pilots went on strike against Northwest Airlines last year, equally angry travelers reviv
SHIPPERS: ANTITRUST IMMUNITY MUST GO
Alison Bate |
Nine shipper organizations from North America, Asia and Europe signed a joint statement this week ur
CARGO WATCH: YANG MING MARINE
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)June July Aug. Sept. Oct. Nov. Dec. Ja
Maritime
LINCOLN RE TO BUY STOP-LOSS BUSINESS
JOC Staff |
Lincoln Re plans to buy Alden Risk Management Services of Miami for $41.5 million in cash.Th
"SMARTER' CROOKS GETTING AWAY WITH HIGHWAY ROBBERY
Chris Barnett |
Cargo theft rose sharply last year and most freight transportation executives expect a ''new, smarte
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