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RAILAMERICA ACQUIRES TP&W, APPOINTS ROSS
JOC Staff |
RailAmerica Inc. said it closed the acquisition of the Toledo, Peoria & Western Railroad.The
NORTHWEST SEES LOSS IN ASIA THIS YEAR
Associated Press |
Northwest Airlines expects to lose more than $100 million in Asia this year, but business should imp
CITA REMOVES TWO COMPANIES FROM ITS LIST OF MACAU VIOLATORS
Paula L. Green |
A U.S. agency has agreed to remove at least two companies from a controversial list of 77 Macau comp
Maritime
NIGERIA TO PROBE FINANCES OF ITS AIRLINE
JOC Staff |
Nigeria has set up a panel to look into the finances of national-flag carrier Nigeria Airways, a sen
CANADA'S MANULIFE MAY LEAVE MARKET
P.T. Bangsberg |
As South Korea wrestles to get its life-insurance sector back into financial health, one of Canada's
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Sept. 7, 1999PREV. CLOSE HIGH LOW VOL. CLOSESept. --
Maritime
BANK OF ENGLAND RATE RISE IS SURPRISING
JOC Staff |
The British pound rallied on Wednesday, jumping nearly a cent against the dollar, after the Bank of
SPOT COMMODITIES
JOC Staff |
Sept. 8, 1999Included are list prices of suppliers. Quotations do not necessarily represent
CARGO WATCH: JACKSONVILLE
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)May June July Aug. Sept. Oct. Nov. Dec
Maritime
FAA PROPOSES PENALTY AGAINST AA AFFILIATE
JOC Staff |
The Federal Aviation Administration on Tuesday said it had proposed a $50,000 penalty against a Puer
BALTIC FREIGHT INDEX
JOC Staff |
Sept. 7, 1999CURRENT: 1138 PREVIOUS DAY: 1043 The Baltic International Freight Futures M
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
NEW WEB SITE CRITIQUES SHIPPERS' LOADING DOCKS
Rip Watson |
Truckers who are tired of spending hours waiting in line at loading docks around the country now hav
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
*BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $ DailyNo. 1 43,000 Contine
URUGUAY'S JUNE TRADE DEFICIT UP 80 PERCENT
Reuters |
Uruguay said Wednesday its trade deficit surged 80 percent in June from a year earlier, amid a hefty
Maritime
EXPERTS WARN OF RUSSIAN MOB ACTIVITY IN MIAMI
Kevin G. Hall |
As if Colombian drug gangs weren't enough, security experts meeting at a conference here said on Wed
INDUSTRY REBOUNDS ALONG WITH ASIAN RECOVERY
P.T. Bangsberg |
More signs are emerging of recovery in China's shipyards after two years of meager orders, in part a
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Se
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 8, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 26.
3 EUROPEAN LINES VIE TO ACQUIRE STAKE IN CARRIER
Robert Koenig |
After months of behind-the-scenes discussions, three big European air carriers are competing openly
QUOTE TO NOTE
GUY CLAVELOUX, Senior vice president Marsh Marine & Energy |
'If the wrong valve on a ship opens, the cargo could shoot into the ocean rather than into some tank
Maritime
OUTLOOK BRIGHTENS AS LARGE PROJECTS GET UNDER WAY
Bill Mongelluzzo |
For the first time since its glory days in the 1970s, the Port of Oakland is preparing for rapid gro
GASOLINE PRICES
JOC Staff |
Sept. 8, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
HARRODS PLANS GLOBAL INTERNET SHOPPING
JOC Staff |
Luxury department store Harrods said on Wednesday it planned to sell goods globally on the Internet
Maritime
STATES MAY GET LITTLE FROM FRANKEL
JOC Staff |
U.S. states allegedly defrauded by money manager Martin Frankel may only recover less than 40 cents
MEXICO LEADING THE US IMPORT PARADE
Paula L. Green |
Mexico is widening the gap as Latin America's top draw for U.S. importers and retailers as its proxi
Maritime
POLO RALPH LAUREN TO BUY LICENSE FIRM
JOC Staff |
Polo Ralph Lauren Corp. said Wednesday it agreed to buy Poloco SA of Paris and its affiliates that h
Maritime
TRADERS GET A BRAND-NEW BIBLE
Aviva Freudmann |
The bible of global trade terms is about to publish its millennium edition.On Saturday, the
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
AIR CANADA, ONEX TO SLUG IT OUT IN COURT SEPT. 22
Reuters |
A legal dogfight between buyout specialist Onex Corp. and reluctant takeover target Air Canada will
TRUCKERS RESUME WORK AFTER UNION VOTE
Rip Watson |
Port truckers in Baltimore ended a weeklong job action Wednesday after voting to affiliate with the
BANKS ARE CAUTIONED TO REMAIN VIGILANT OVER CARGO FRAUD
John Zarocostas |
A global business watchdog warned banks this week to carefully check the authenticity of bills of la
AIRLINE PERFORMANCE DROPS, DOT SAYS
JOC Staff |
Complaints, flight delays and mishandled bags are up year-over-year for the 10 U.S. major airlines,
KEPPEL'S PURCHASE CONTINUES ONGOING INDUSTRY CONSOLIDATION OF FACILITIES IN SINGAPORE
P.T. Bangsberg |
In the latest shake-up in Singapore's turbulent shipbuilding and repair sector, Keppel Hitachi Zosen
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Sept. 7, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
COMPANIES BUY INTO DRIVER TRAINING
John Leming |
PP&L Inc., an Allentown, Pa., utility company, encourages drivers starting their cars to move them f
TWO XL CAPITAL LTD. UNITS IN BUYOUTS
JOC Staff |
The Admiral Insurance Services Ltd. and Zenith Insurance subsidiaries of the Brockbank Group plan ma
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
HEARTLAND TARIFF RULING REVOKED
Peter Tirschwell |
The U.S. Customs Service has revoked a tariff classification ruling for a sugar company in a case th
Maritime
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