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STERLING TO LEASE PLANE FROM ATLAS
Journal of Commerce Staff |
Sterling European, a Copenhagen airline that flies freighters and passenger charters, is leasing a B
MAJOR GAINS AND DECLINES IN RAIL CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
For the three weeks ended Aug. 7, 1999, vs. the similar 1998 periodCARS CARSPERC
MANAGERS GAIN RESPECT BY OUTSOURCING
Chris Isidore |
Logistics managers who once feared that outsourcing their work would reduce their influence and pres
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 13, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 26.
BALTIC FREIGHT INDEX
JOC Staff |
Aug. 13, 1999 CURRENT: 1058 PREVIOUS DAY: 1056The Baltic International Freight Fut
Maritime
FED RATE EXPECTED TO RISE DESPITE PPI
Gordon Platt |
The U.S. dollar could strengthen further on hopes that the Federal Reserve will limit any rate incre
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
MARINE AGENCY REQUESTS Y2K DATA
P.T. Bangsberg |
By the end of the month, all ship and port operators in Hong Kong are expected to provide detailed i
Maritime
WEST AFRICANS TO FOCUS ON AIR TRANSPORT
JOC Staff |
A high-level meeting in Gabon in October may hasten a liberalization of air transport in Western Afr
SPOT COMMODITIES
JOC Staff |
Aug. 13, 1999Included are list prices of suppliers. Quotations do not necessarily represent
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Aug. 12, 1999PREV. CLOSE HIGH LOW VOL. CLOSEAug. 1100.0
Maritime
FOREIGN-OWNED INSURER OPENS IN VIETNAM
JOC Staff |
Chinfon-Manulife Insurance Co. of Vietnam officially opened its doors in Ho Chi Minh City last week.
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
STRIKE CONTINUES AS DRIVERS REJECT EMPLOYERS' OFFER OF HIGHER PAY
Courtney Tower |
A strike by independent truckers at the Port of Vancouver, British Columbia, remained unresolved at
Maritime
USFREIGHTWAYS ADDS WEB SERVICES
Journal of Commerce Staff |
USFreightways, Rosemont, Ill., added the ability to request rates through a secure section of its We
COST REDUCTIONS ON THE HORIZON
Kevin G. Hall |
A rampage this month by dockworkers at the Brazilian Port of Paranagua hasn't shaken maritime execut
GM TO BOOST USE OF INTERNET
JOC Staff |
General Motors Corp. said it will move more aggressively to use the Internet in all facets of its op
AMERICAN LIFE SEEKS MISSOURI PROTECTION
From Wire and Staff Reports |
Unable to come up with $6.8 billion immediately last week, General American Life Insurance Co. sough
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Aug. 12, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
CHILEAN PORT USERS WELCOME PRIVATIZATION OF TERMINALS
Kevin G. Hall |
With the much-anticipated concessions for Chile's principal container terminals finally awarded, att
Maritime
JOSE CUERVO PREFERS TO MOVE TEQUILA IN BULK
Daniel J. Mccosh |
More than 60 companies produce tequila in this western Mexican state of Jalisco, but nobody produces
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
BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $No.
Maritime
FIRST AMERICAN TITLE BUYS CELTIC
JOC Staff |
First American Title Insurance Co. has acquired Celtic Title Agency Inc., Columbus, Ohio.Ter
BROKER TO HOST PARTY FOR NEW YORK'S $24 DEAL
JOC Staff |
As part of its 100th anniversary celebration, DeWitt Stern Group, an insurance broker, will help hos
DUTCH INTERMODAL OPERATOR SLIMS DOWN
JOC Staff |
In a sign of continued consolidation in Europe's intermodal industry, Dutch road-rail operator Trail
MORE ACQUISITIONS MAY LIE AHEAD
William Armbruster |
USF Worldwide resumed its buying habits last week by purchasing Best Ways Air Cargo, a Puerto Rico-b
QUOTE TO NOTE
HAROLD CREEL JR.,Chairman of the Federal Maritime Commission, |
'It is presumptuous and erroneous to conclude that the commission will be less active in this area.'
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
KMART SIGNS DEALS FOR GROCERY DISTRIBUTION
JOC Staff |
Kmart Corp. signed deals with Supervalu and Fleming Cos. to distribute $3.9 billion worth of grocery
ALLSTATE INVESTS IN CHICAGO INITIATIVE
JOC Staff |
Allstate will purchase a $5 million bond toward fulfilling a $150 million housing initiative of Chic
PENNSYLVANIA REFORM YET TO KICK IN
John Leming |
Pennsylvania's insurance deregulation reform, hailed as the most sweeping in the nation, doesn't see
OPERATOR TO BOOST STAKE IN JAKARTA TERMINAL
P.T. Bangsberg |
The Singapore-based operator of Jakarta International Container Terminal, the main sea gateway of In
Maritime
CSXT CREATES THREE SERVICE GROUPS
JOC Staff |
CSX Transportation Inc. created service groups for merchandising, coal and automobiles to complement
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
Maritime
STRIKE AT NPR/NAVIERAS AVERTED AT LAST MINUTE
Journal of Commerce Staff |
A strike that could have disrupted the Puerto Rico domestic trade was averted at the eleventh hour w
Maritime
LINK WORLDWIDE NAMES INTERIM CHIEF
JOC Staff |
John Medwin was named interim president of Link Worldwide, according to Paul R. Johnson, the company
PHILIPS TAPS ORIGIN FOR LOGISTICS SOFTWARE
JOC Staff |
Philips Semiconductors, a division of Royal Philips Electronics, hired Origin BV, an information tec
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