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IMF URGES SPAIN TO CUT JOBLESS BENEFITS
JOC Staff |
The International Monetary Fund urged Spain's authorities to cut unemployment benefits and make firi
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
July 30, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJuly 988.0
Maritime
FOR THE GAMES, THE FAST OFTEN RING UP THE GOLD
Rosalind Mclymont |
From a last-minute delivery of shoes for U.S. basketball player Grant Hill in Atlanta to express del
Air Cargo
COCHIN EYES SRI LANKA TRAFFIC
N. Vasuki Rao |
India's Port of Cochin is targeting Indian and Pakistani transshipment cargo for a private container
Maritime
CHEMICAL PRICES
JOC Staff |
using joc chemical prices Monday: Botanicals-Spices, Balsams-Gums, Waxes, NavalStores. Tu
CARGO WATCH: LONG BEACH
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
MARRIAGE OF MAERSK, SEA-LAND MAY AFFECT GRAND ALLIANCE
Paul Richardson |
The merger of Maersk and Sea-Land could delay a complex realignment of vessel-sharing consortia in t
Maritime
INTEL INVESTS TO BRING WEB TO ASIA
JOC Staff |
Computer chip maker Intel Corp. said it will invest in a joint venture with Hong Kong-based Pacific
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
HOUSE NAMES CONFEREES TO BANK REFORM PANEL
JOC Staff |
House members who will serve on the conference committee to resolve differences between the House an
BOX TERMINAL MAY RISE AT REFINERY SITE
Bruce Barnard |
Shipping lines are considering an ambitious plan to convert a mothballed Shell oil refinery on the T
Maritime
LEO BERGER, BULK-SHIPPING LEADER, IS DEAD AT AGE 78
Journal of Commerce Staff |
Leo V. Berger, a Hungarian immigrant who built one of the nation's largest bulk-shipping fleets, die
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
AUG. 2,1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 24.65
BALTIC FREIGHT INDEX
JOC Staff |
Aug. 2, 1999CURRENT: 1013 PREVIOUS DAY: 1003 The Baltic International Freight Futures Ma
Maritime
STRUGGLING LINE SEEKS CARGO FOR FISCAL SALVATION
Chris Barnett |
Financially troubled World Airways, coming off losses for six straight quarters, plans to add two mo
Air Cargo
FUNDS BOLSTER KOREA LIFE BEFORE SALE
P.T. Bangsberg |
Apparently bowing to market pressure, the South Korea government will provide $1.25 billion in publi
PAKISTAN BANK CLEARS SOME REMITTANCES
JOC Staff |
Averting a cargo movement crisis, Pakistan's central bank late last week allowed shipping companies
CARRIER TO ADD SECOND ROUTE TO EUROPE
Paul Richardson |
China Shipping Group, two months after inaugurating long-haul service between China and Europe, said
Maritime
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 High:
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 $No.
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CHINA BANK LAUNCHES INTERNET SERVICE
JOC Staff |
China Construction Bank, one of the country's four largest banks, has launched a package of Internet
Maritime
POLAR AIR, AIR NEW ZEALAND IN PACT
Journal of Commerce Staff |
The planned code-share agreement between Polar Air Cargo and Air New Zealand is a nice shot in the a
Air Cargo
UNITED BREAKS GROUND ON MIAMI HUB
Chris Isidore |
United Airlines on Monday started work on a $26.5 million cargo hub in Miami, the first of three suc
LONDON IS BEING ECLIPSED: MOODY'S
Journal of Commerce Staff |
Marine, aviation and transport business written in the London market totaled approximately UK4 billi
WHO WILL PAY FOR CARGO LOSSES?
Terry Brennan |
Shippers are using their new confidential-contracting freedom to persuade carriers to assume more li
QUOTA WATCH
nternational Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Au
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
July 30, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPOHRER STEPPING DOWN, BUT WILL REMAIN ON THE SCENE
William Armbruster |
The sale of Challenge Air Cargo's assets to United Parcel Service represents another milestone in th
Air Cargo
TNT SAYS INTERNET EMBRACED IN ASIA
P.T. Bangsberg |
TNT Express Worldwide expects 70 percent of all its consignments in Asia will be handled electronica
US MILITARY BEGINS EXITING PANAMA
JOC Staff |
Almost 90 years of U.S. military presence around the Panama Canal has effectively come to an end.
DESPITE SEVERAL GAINS, INDEX DECLINES FOR WEEK
Chris Isidore |
Transportation and logistics stocks measured on The Journal of Commerce/Bridge stock index declined
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<
MERGER WAS LOGICAL STEP, EXECUTIVES SAY
Terry Brennan |
Though rumors swirled for years about a merger of Maersk Line and Sea-Land Service Inc., serious dis
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 2, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
SWEDEN-TO-DENMARK LINK IN LAST PHASE OF CONSTRUCTION
Aviva Freudmann |
The last of 49 steel girders has been delivered to build the approach bridges of the Oresund Link, a
TWO CARRIERS STILL OFFER DIRECT SERVICE TO ISTANBUL
Ian Putzger |
Shippers in the United States who want to send shipments by air to Turkey in the quickest possible m
Air Cargo
SLOWER ECONOMIC GROWTH, HIGHER INFLATION WEAKEN DOLLAR, WITH TREND SEEN CONTINUING
Gordon Platt |
It was the worst combination possible for the dollar last week when U.S. data indicated slower econo
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