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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
NORTHWEST LOSES FREIGHTER BID
Chris Isidore |
Shippers will have to settle for only one U.S. carrier flying freighters to China and daily freighte
OFFICIALS CONCLUDE OPEN-SKIES AGREEMENT
William Armbruster |
Air cargo carriers from the United States and Argentina are free to operate unlimited flights betwee
SEA-TAC STUDIES OFF-AIRPORT CARGO CENTER
John Davies |
The Pacific Northwest's largest airport is studying the prospect of moving most of its air cargo ope
CLAIMS-HANDLING SYSTEM REDUCED FIRM'S COSTS
Ron Lent |
A standardized claims-handling system introduced by the Mid-America Coalition on Health Care can sav
TENNESSEE'S COMMISSIONER RESIGNS
JOC Staff |
State Insurance Commissioner Douglas Sizemore, whose agency has been criticized for not being more a
SENN WANTS TO FINE INSURER $307,000
JOC Staff |
Insurance Commissioner Deborah Senn said she will seek to impose a $307,000 fine on Crusader Insuran
AMERICAN FREIGHTWAYS OPENS CHICAGO HUB
JOC Staff |
American Freightways Corp. has opened a new terminal in the Chicago area.The 107-door facili
Maritime
TOYS "R' US TO USE MANHATTAN SOFTWARE
JOC Staff |
The Internet arm of U.S. toy giant Toys ''R'' Us Inc. says it will use supply chain execution softwa
Maritime
SALES DROP BUT PROFIT RISES FOR CHINA BOX FIRM
P.T. Bangsberg |
With sales off and profit under pressure, Singamas Containers Holdings Ltd. of Hong Kong says it wil
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
PROFIT NOSE-DIVES 55 PERCENT
P.T. Bangsberg |
However well Asian economies are recovering, these are still grim days for many transport firms.
CATHAY REBOUNDS ON EXPORTS, EXPECTS GAINS IN SECOND HALF.
P.T. Bangsberg |
A jump in Hong Kong's export markets spurred an 8.7 percent increase in cargo volume as Cathay Pacif
AIR CARGO TRAFFIC BY US CARRIERS RISES 5.9 PERCENT
JOC Staff |
Air cargo handled by U.S. airlines rose 5.9 percent in June, with international traffic up a hefty 1
EU COMMISSION CLEARS KLM-ALITALIA ALLIANCE
JOC Staff |
The world's most far-reaching airline alliance was cleared for take-off after the European Commissio
Maritime
WEEKLY COAL EXPORTS \ WEEK OF AUGUST 2-AUGUST 6,1999
PIERS, Journal of Commerce |
Only table.
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
Aug. 11, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
CERES, AMSTERDAM ORDER NINE NEW CRANES
JOC Staff |
Ceres Paragon Terminals BV and the Amsterdam Port Authority have ordered the port's first post-Panam
Maritime
AIR EXPRESS BUYS TEAM FRET OF FRANCE
JOC Staff |
Air Express International has acquired Team Fret, a French-based ocean freight forwarder. Terms of t
Maritime
BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $No.
Maritime
ASIAN YARDS LOG OVER $1.2 BILLION IN ORDERS
Paul Richardson |
Asian shipyards have netted more than $1.2 billion of containership orders this week, in what is bel
Maritime
TAX INCENTIVES OFFERED TO ATTRACT SHIPOWNERS
Aviva Freudmann |
Britain has joined the European race to attract shipowners by proposing a package of measures to lig
Maritime
EXECUTIVE SAYS "DECISION SUPPORT' IS OVERSOLD
Helen Atkinson |
Logistics software packages, particularly those in the ''decision support'' category, are mostly ina
Maritime
USF WORLDWIDE BUYS BEST WAYS AIR CARGO
JOC Staff |
USF Worldwide has acquired Best Ways Air Cargo, the Puerto Rico air freight forwarder, for an undisc
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