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SPOT COMMODITIES
JOC Staff |
June 21, 1999Included are list prices of suppliers. Quotations do not necessarily represent
"DOLLARIZATION' GAINING FAVOR IN LATIN AMERICA
Kevin G. Hall |
If Argentina or any other Latin American economy adopted the dollar as its currency, would it make a
SECTOR NOTCHES BROAD GAINS
Chris Isidore |
Across-the-board gains among transportation and logistics sectors spurred a 1.8 percent gain in The
R.S. INTERNATIONAL TAPPED BY NEPAL
JOC Staff |
Nepal is allowing a private company to build a $200 million road that is expected to boost trade by
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 21, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Buckley
COMMERCE FINES UNIT OF SUN MICROSYSTEMS
JOC Staff |
The Commerce Department Monday imposed a $30,000 civil penalty on a unit of Sun Microsystems Inc. to
Maritime
US AIRLINES LEAD WORLD'S TOP CARRIERS IN VOLUME GAINS
Chris Isidore |
U.S. airlines posted the strongest gains in cargo volume last year among the top 20 carriers, accord
FORD DECISION SHOWS BENEFITS OF SMALL NORTHEASTERN BOX PORTS
Thierry Ogier |
Ford Motor Corp. plans to build a $1.3 billion auto plant in the northeastern state of Bahia, more t
Maritime
QUOTE TO NOTE
CLAUDIO QUARANTA, Executive vice president Merzario USA Inc. |
'Now we have to use any carrier who has space.'
Maritime
ASIAN IMPORT RATES TO RISE, FORWARDERS SAY
William Armbruster |
Shippers can expect to start paying more on airborne imports from Asia next month - at least if frei
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Ju
Maritime
SPOT PRODUCT PRICES
SOURCE: Knight-Ridder Financial. |
June 18, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
BREAKDOWN ON REGIONAL ROADWAY
Thierry Ogier |
Brazil's devaluation put a dent in automakers' plans for serving the Mercosur trade bloc.The
TNT INTERNATIONAL EXPRESS UPGRADES INTERNET SERVICES JOURNAL OF COMMERCE SPECIAL
JOC Staff |
TNT International Express has upgraded its Internet express tracking capabilities with a feature tha
Air Cargo
ASIA'S REEFER DEMAND GROWING
P.T. Bangsberg |
Asia's passion for fresh food is fueling demand for refrigerated containers and rail cars, much as d
Maritime
CUSTOMS SEIZES FIVE HARLEYS IN FLORIDA
JOC Staff |
U.S. Customs agents are broadening their investigation into a Florida motorcycle shop where five Har
Maritime
US, CANADIAN FOREST COMPANIES TO MERGE
JOC Staff |
Forest product firm Weyerhauser Co. agreed to acquire Canada's Macmillan Bloedel in a stock transact
Maritime
ELECTRONICS EXPORTS RISE IN SINGAPORE
JOC Staff |
Singapore's electronics exports in May rose 12.0 percent from a year earlier, slightly faster than n
Maritime
APPEAL FAILS TO STOP BNSF LINE REOPENING
Associated Press |
The Supreme Court on Monday rejected a city's challenge of a Burlington Northern & Santa Fe rail lin
SHIPPING REFORM APPEARS TRANQUIL, SO FAR
Bill Mongelluzzo |
The Ocean Shipping Reform Act is off to a quiet start.Since OSRA took effect May 1, carriers
Maritime
CARRIERS' GROWING BUSINESS PROPELS CARGO EXPANSION PLANS
Ron Lent |
McCarran International Airport in Las Vegas, spurred by Federal Express Corp.'s expanding operations
CARGO UNIT TO BE SOLELY MARKET-DRIVEN NEW FOCUS AT US, CANADIAN GATEWAYS
William Armbruster |
Japan Airlines is reorganizing its cargo business both at homeand in North America.A new uni
Air Cargo
UPS: DOT SHOULD ENCOURAGE ADDED AIR CARGO COMPETITION
Chris Isidore |
The disappointing allocation of freighter flights to China strengthens the case for United Parcel Se
CLINTON OPTIMISTIC ON CHINA, WTO
JOC Staff |
President Clinton said Monday he had not given up on a trade deal this year with China despite Beiji
Maritime
FORD, INDIAN LOGISTICS FIRM SIGN PACT
N. Vasuki Rao |
A logistics company based in western India will provide domestic and international support to Ford I
Maritime
WEST AFRICAN GROUP EXPECTS 5.5 PERCENT GROWTH
JOC Staff |
Economic growth in the countries of West Africa's monetary union should average 5.5 percent in 1999,
Maritime
SLATER URGED TO DELETE TAX PLAN
Tim Sansbury |
Senior House Democrats say a Transportation Department report to Congress on maritime infrastructure
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
PORT OF LOS ANGELES SETS CARGO RECORD
JOC Staff |
The Port of Los Angeles established a record for cargo volume last month, handling more containers t
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
June 18, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJun. 932.0 9
Maritime
P&I MUTUAL HAS RECORD PROFIT IN 1998
Journal of Commerce Staff |
The American Club, the only mutual protection and indemnity provider domiciled in the Americas, repo
ALLSTATE SEEKS TO RECOVER $16 MILLION
Ron Lent |
Allstate Insurance Co., alleging fraud, has filed two lawsuits to recover $16 million from 21 physic
TI TO BUY ISRAEL'S LIBIT SIGNAL
JOC Staff |
Texas Instruments announced Monday that it will purchase Israeli high-tech firm Libit Signal Process
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
PFASTSHIP LOGISTICS DEBUTS SOFTWARE
JOC Staff |
Pfastship Logistics International unveiled its latest software offering. The product, Pfastship 2000
REDWOOD CENTRALIZES BUSINESS OPERATIONS
JOC Staff |
Redwood Systems Inc. has moved its logistics management and truckload operations to this Atlanta sub
IMPORT COMPLIANCE PROGRAM SET TO EXPAND
P.T. Bangsberg |
Malaysia said it will expand a program that encourages importers to comply with trade laws and opera
Maritime
COAL TERMINAL REPORT
Compiled by The Journal of Commerce staff from data provided |
June 21, 1999This table shows the vessels scheduled to call at U.S. coal terminals and the e
BALTIC FREIGHT INDEX
JOC Staff |
June 21, 1999CURRENT: 956 PREVIOUS DAY: 961 The Baltic International Freight Futures M
Maritime
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