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AER LINGUS TO JOIN ONEWORLD ALLIANCE
JOC Staff |
The Irish government said it gave the go-ahead for state-owned airline Aer Lingus to join the Onewor
Air Cargo Carriers News
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 23,1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Buckley
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
July 22, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJuly 999.0
Maritime
UKRAINE AIMS TO DOUBLE EU QUOTA
JOC Staff |
Ukraine hopes to agree with the European Union on the doubling of its textile exports quota to the E
Maritime
SEA-LAND FLAG SUBSIDY TO GET MARAD SCRUTINY
Tim Sansbury |
Sea-Land Service will follow a path cut by APL Ltd. and Lykes Lines when it asks the Maritime Admini
Maritime
JOB HUNT WILL BEGIN FOR SEA-LAND EMPLOYEES ONCE MAERSK TAKES OVER
Bill Mongelluzzo |
Shipping lines are preparing for a flood of resumes from employees of Sea-Land Service Inc. now that
Maritime
GERMAN REBOUND AIDS PERFORMANCE OF AILING EURO
Gordon Platt |
The euro put in the best performance of its short life last week, and analysts predicted that the ra
Maritime
QUOTE TO NOTE
BETH CAROLE RING, Attorney Sandler, Travis & Rosenberg |
'While the purpose of this was to shorten the (Customs) audit, it will lengthen it.'
Maritime
KOREAN AIR GETS LOANS TO LEASE BOEING PLANES
JOC Staff |
Korean Air said it will lease six Boeing planes with $750 million in loans provided by the United St
TRUCKERS SEEK HELP FROM GERMANY ON TOLL HIKES
Robert Koenig |
German motor carriers, facing steep increases in tolls, are demanding that the German government try
SPOT COMMODITIES
JOC Staff |
July 23, 1999Included are list prices of suppliers. Quotations do not necessarily represent
WEB SITE ACCELERATES APPLICATION PROCESS
Jack Lucentini |
Employees at Dell Computer Corp. have a speedy new way to apply for export licenses.Workers
Maritime
SKYBOX DELIVERS E-TAIL GOODS TO BRAZILIANS AND MEXICANS
Thierry Ogier |
Skybox Services Corp., a Miami-based international transportation company, is seeking new growth in
CENTRAL FREIGHT BUYS CALIFORNIA COMPANY
JOC Staff |
Central Freight Lines Inc. has agreed to purchase Vecta Transportation Services Inc., a California-b
BALTIC FREIGHT INDEX
JOC Staff |
July 22, 1999CURRENT: 973 PREVIOUS DAY: 978 The Baltic International Freight Futures M
Maritime
ALLSTATE'S PROFIT FALLS IN QUARTER
From Wire Services |
All- state's net income for the second quarter of 1999 was $770 million, down from $885 million for
RAILS GET READY TO CARRY SUVS AS NEW GEAR ARRIVES ON LINE
Rip Watson |
Gunderson Inc. this week delivered the first installment of a major production order for equipment t
RECOVERY IS REPORTED BY BOTH CSX, NS
Rip Watson |
The pace of service recovery at Norfolk Southern Corp. and CSX Transportation Inc. appears to be acc
COVENANT, HUB POST GAINS FOR QUARTER
Journal of Commerce Staff |
Two transportation companies - Hub Group Inc. and Covenant Transportation Inc. - reported improved s
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 22,1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 21.9
UPS STOCK OFFERING TARGETS CLOUT, NOT CASH ANALYSTS SPECULATE ON ITS TAKEOVER TARGETS
Chris Isidore |
The 800-pound gorilla of transportation shook up the world with an announcement this week that it is
SENATORS SEEK EXPORT SANCTIONS REFORM
JOC Staff |
Four senators have pushed for changes in the way the U.S. applies trade sanctions, saying reforms ar
Maritime
CORRECTION
JOC Staff |
The Cyber Trader column by Dennis Stillwell, which appeared July 21 on Page 13, contained incorrect
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CARGO WATCH: DOLE OCEAN LINER EXPRESS - KEY MOVEMENTS IN TEUS
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Apr. MayJune July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May98 98 98 98 98 98
CP SHIPS POSTS INCOME DECLINE
Rip Watson |
CP Ships reported a 52 percent decline in second-quarter net income, but improved freight rates in s
Maritime
SEARCH FOR BEST AND BRIGHTEST DROVE CONTAINERIZATION CONCEPT TO FRUITION
Bill Mongelluzzo |
The young men and women who joined Sea-Land Service in the 1960s came from varied backgrounds, but t
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The trade leads are
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
WEEKLY COAL EXPORTS \ WEEK OF JULY 5-JULY 9, 1999
PIERS, Journal of Commerce |
Only table.
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
July 21, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
UP REPORTS SECOND-QUARTER REBOUND
Chris Isidore |
Union Pacific Corp., continuing its recovery from last year's service problems, on Thursday reported
TRUCKERS DRIVE THROUGH LOOPHOLE TO PROFIT FROM OPEN BORDER
Kevin G. Hall |
Tired of waiting for full implementation of the North American Free Trade Agreement, some motor carr
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
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