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TWO MORE INSURERS FACE HOLOCAUST PROBE
JOC Staff |
Switzerland's largest life insurer, Swiss Life, and German insurer Gerling-Konzern have joined the l
EU APPROVES GMAC'S BUY OF ARRIVA UNIT
JOC Staff |
The EU Commission Thursday cleared General Motors Acceptance Corp.'s proposed purchase of Arriva Aut
Maritime
FINALLY, A DEAL... IS IT SHIPPING SYNERGY OR DEFENSIVE MANEUVER?
Journal of Commerce Staff |
Will one plus one equal two? Executives of Maersk Inc. and Sea-Land Service say it will. Others aren
KODAK PLANS FOCUS ON MSAS GLOBAL
JOC Staff |
MSAS Global Logistics has signed a five-year warehousing contract valued at around 20 million pounds
MALAYSIA ADVANCES LIBERALIZATION PLAN
P.T. Bangsberg |
Malaysia will soon issue the first of six additional reinsurance licenses, either for local branches
FINALLY, A DEAL... MOLLER BUYS INTERNATIONAL LINER SERVICES
Terry Brennan |
The rumor has turned to fact. A.P. Moller Group, parent of Maersk, said it will pay $800 million cas
HYUNDAI AT HOME IN PUSAN TERMINAL
P.T. Bangsberg |
Hyundai Merchant Marine Co. has begun working at its dedicated container terminal at South Korea's m
Maritime
US INCREASES INSPECTION FORCE FOR TRUCKS ON MEXICAN BORDER
Kevin G. Hall |
There are now more than three times the number of safety inspectors using revised procedures at the
PEOPLE ON THE MOVE
JOC Staff |
Deloitte &Touche LLPRICHARD BURT has joined the firm's Actuarial & Insurance Consulting Grou
SHELL CHEMICAL PUTS DELIVERIES ON AUTO-PILOT
Aviva Freudmann |
Shell Chemical Co. is offering to take on the job of managing inventories for major customers.
OECD CHIDES KOREA ON CORPORATE REFORMS
JOC Staff |
Noting that South Korea's corporate reforms are progressing more slowly than financial restructuring
Maritime
SPOT COMMODITIES
JOC Staff |
July 22, 1999Included are list prices of suppliers. Quotations do not necessarily represent
CELADON EARNS VOLKSWAGEN PACT TO CARRY US, CANADA AUTO PARTS
Kevin G. Hall |
Celadon Group, a leading U.S. motor carrier specializing in U.S.-Mexico trade, has won a contract to
GASOLINE PRICES
JOC Staff |
July 22, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
July 21, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJuly 990.0 97
Maritime
PARLIAMENT EXPECTED TO OVERRIDE YELTSIN'S VETO OF INSURANCE BILL
John Helmer |
Russian insurers and members of Parliament say they have the votes to override President Boris Yelts
FEDEX SEEN LIKELY TO EXPAND ASIA FREQUENCIES
P.T. Bangsberg |
Federal Express Corp. is extending the lease on its main Asian hub and plans to introduce additional
FORKLIFT SAFETY REPORT WINS SCHOLARSHIP
JOC Staff |
Luke Costesso received a $2,500 college scholarship for his plan for an on-board computerized system
CREDITORS AGREE TO GIVE DAEWOO LOAN
JOC Staff |
Local creditors of South Korea's Daewoo Group agreed on Thursday to extend $3.3 billion in fresh loa
Maritime
AUTOMAR SEEKING CROWLEY SUBSIDIES
JOC Staff |
Crowley American Transport Inc. and American Automar Inc. have asked the Maritime Administration to
QUOTE TO NOTE
JON HIMOFF, Spokesman MSAS Cargo International Ltd. Noting |
'The air and ocean carriers have been very slow in using bar codes.'
NETHERLANDS SEEKING FREIGHT OPERATOR
Aviva Freudmann |
The Dutch government is looking for private companies to run Europe's first dedicated rail-freight t
BROWN & BROWN BUYS TWO FLORIDA AGENCIES
JOC Staff |
Brown & Brown Inc. has bought Anpher Insurance Inc. and Ross Insurance of Florida Inc., Fort Lauderd
COKE HIT AGAIN AS EU RAIDS ITS OFFICES
JOC Staff |
Soft drinks giant Coca-Cola Co., still reeling from a contamination scare in Belgium and France, suf
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
C.H. ROBINSON'S PROFIT RISES 20.4 PERCENT
JOC Staff |
C.H. Robinson Worldwide Inc., a third-party logistics company specializing in placing truck and inte
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
EAGLE PASS OPTION TAKES FLIGHT AS SHIPPERS' CROSS-BORDER ALTERNATIVE
Kevin G. Hall |
When Sara Lee Corp. moves its imported apparel across the U.S.-Mexico border, it uses the less-conge
Maritime
TELECOM INVESTOR BUYS RAILROAD STAKE
Journal of Commerce Special |
Mexico's most feared businessman, who dominates the telecommunications, retail and small manufacturi
BROKERS, IMPORTERS DIFFER ON DISCLOSURE
Terry Brennan |
Newly implemented confidential shipper-carrier contracts are causing a conflict between importers an
RAIL GROUP TO HANDLE MORE ARBITRATION
Rip Watson |
A major trade group that represents grain shippers on Wednesday announced an expanded agreement with
GASOLINE PRICES
JOC Staff |
July 21, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGUL
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
July 20, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJuly 995.0 10
DECORATED AGENT NABS CPCU HONOR
JOC Staff |
Ted Lussem, an Iowa independent insurance agent, has every designation offered by the American Insti
ALLIANZ ACQUIRES STAKE IN KOREA FIRST LIFE
JOC Staff |
Allianz of Germany has acquired a 72 percent stake in Korea First Life Insurance Co. of South Korea.
TRADE LEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
HONG KONG VIOLATORS ADDED TO CUSTOMS' LIST
Paula L. Green |
The U.S. Customs Service has added five more names to a list of Hong Kong companies that it says are
CARGO WATCH: PHILADELPHIA/CAMDEN
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)Apr. May June July Aug. Sept. Oct. Nov
Maritime
DVD-MAKER EMPLOYS SOFTWARE IN HARDBALL SECTOR
Helen Atkinson |
A manufacturer of digital video disks has armed itself with supply-chain management software, hoping
AMID MANY SEA CHANGES, IKEA SEEK CONSISTENCY FROM CARRIERS
Terry Brennan |
IKEA is seeking a few good carriers that are willing to negotiate a few good contracts.The h
Maritime
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