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Platts Containers Update
QUOTE TO NOTE
DAVID WRIGHT, General manager in Long Beach, Calif. Lauritzen |
'The reefer trades in general have very low returns at present.'
Maritime
CARGO WATCH: ATLANTIC CONTAINER LINE
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot container units (TEUs)May June July Aug. Sept. Oct. Nov. Dec. Jan
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 9, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 9, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 24.6
NORTHWEST IS SLOWLY ACTIVATING ITS NEW CARGO FACILITY AT KENNEDY
Chris Isidore |
Northwest Airlines has been taking slow, tentative steps into its new automated cargo facility at Ne
Air Cargo
FUNDS SEEN DELAYED FOR ACE SYSTEM
Jack Lucentini |
Funding for a badly needed Customs Service computer system to process imports is ''extremely unlikel
Maritime
TIGHTER SECURITY RULES MEAN MORE PAPERWORK BURDEN WILL FALL ON FREIGHT FORWARDERS AND CARRIERS
William Armbruster |
New Federal Aviation Administration rules on cargo security scheduled to take effect Sept. 9 will fo
INDEX FALLS AS ALL SECTORS TUMBLE BUT BOX SHIPPING
Chris Isidore |
Transportation and logistics stocks were down across the board last week. Losers outnumbered gainers
INTERBIZ WINS CONTRACTS IN ASIA
JOC Staff |
interBiz Supply Chain Group signed contracts in Asia for use of its logistics software in the recent
CORRECTION
JOC Staff |
In the Aug. 6 article ''Taking the guesswork out of landed costs,'' the name of the vice president o
KCS TO BUILD AIRPORT TERMINAL
Journal of Commerce Staff |
Voters in Kansas City, Mo., have approved a measure that will allow Kansas City Southern Railway to
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of July 30, 1999Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $No.
Maritime
PEOPLE ON THE MOVE
JOC Staff |
InsWebJAMES M. CORROON was named to InsWeb's executive management team.Corroon has more than
BIDS FOR INSURER REJECTED AGAIN
P.T. Bangsberg |
South Korea's insurance regulator last week scrapped the third round of bids for insolvent Korea Lif
JUDGE: INSURERS NOT LIABLE FOR $30 MILLION
Ronald Gift Mullins |
A judge in Missouri let insurers in the United States and England off the hook for $30 million that
INDIAN COMPANIES WILL WELCOME COMPETITION
JOC Staff |
K.N. Bhandari, chairman and managing director of state-owned United India Insurance Ltd., said state
BRAZIL, ARGENTINA FAIL TO SETTLE FEUD
Thierry Ogier |
Two weeks of high drama and high-level meetings failed to defuse a conflict between Mercosur's two m
Maritime
BANK NARROWS FIELD FOR GLOBAL PARTNER
N. Vasuki Rao |
The State Bank of India, the country's biggest commercial bank, will choose one of four global insur
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
COMPETITORS CONSIDER UPS MOVE NO CHALLENGE
William Armbruster |
It may just be wishful thinking, but competitors say United Parcel Service's planned acquisition of
Air Cargo
USDA WEBSITE LISTS SHIPPERS' ASSOCIATIONS
JOC Staff |
The United States Department of Agriculture created a website that lists shippers associations.<
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
EXPRESS CARRIERS EXPANDING PRESENCE IN REGION
Ian Putzger |
The air cargo market in Central America is facing an enormous change. Integrated express carriers ar
Air Cargo
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Au
Maritime
IBM SELLS COMPUTER COMPANY TO LOGISTIX
JOC Staff |
Logistix, a supply chain services company, bought Aplicaciones de Alta Tecnologia (Adatsa) from IBM.
GERMAN'S LLOYD WERFT CHOSEN TO BUILD SHIP-REPAIR FACILITY
Journal of Commerce Staff |
The Grand Bahama Port Authority Group of Companies has entered into an agreement with Germany's Lloy
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
INTERPOOL REPORTS LOWER EARNINGS IN 2ND QUARTER, CITES SALE OF SECURITY
Journal of Commerce Staff |
Interpool Inc., one of the leading lessors of cargo containers, on Monday reported second-quarter ne
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
CAPACITY CUT TO AFFECT CARGO
Bruce Barnard |
British Airways cargo operations are likely to be affected by the carrier's plans to cut capacity by
SENATE AMENDMENT COULD OPEN DOOR
Kevin G. Hall |
A U.S. Senate measure to loosen restrictions on food exports to Cuba provides what may be the first
Maritime
COAL TERMINAL REPORT
Compiled by The Journal of Commerce staff from data provided |
Aug. 9, 1999This table shows the vessels scheduled to call at U.S. coal terminals and the es
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 Hi
BALTIC FREIGHT INDEX
JOC Staff |
Aug. 9, 1999CURRENT: 1041 PREVIOUS DAY: 1033 The Baltic International Freight Futures Ma
Maritime
ROADWAY EXPRESS EXPANDS WEB SITE
From Wire Reports |
Roadway Express Inc. has expanded its Web site by introducing a customized Extranet feature at my.ro
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CROWLEY TO EXIT S. AMERICA TRADE
Terry Brennan |
Hamburg-Sud of Germany has agreed to acquire Crowley American Transport's South American operations
JOC/BRIDGE TRANSPORT STOCK INDEX: MAJOR MOVERS
Bridge News. This information is based on sources believed to |
FOR-UP-TO DATE STOCK PRICES CHECK WWW.JOC.COMFRIDAY WEEKLY 52-WEEK 52-WEEK COUNTRY<
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Aug. 6, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
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