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Platts Containers Update
US OIL EQUIPMENT COMPANIES SEE BRAZILIAN EXPORT POTENTIAL
Thierry Ogier |
This week's first-ever open bidding for oil exploration contracts in Brazil is expected to generate
HEWLETT-PACKARD'S E-SPEAK SOFTWARE IS "SECOND CHAPTER' OF INTERNET COMMERCE
Kevin G. Hall |
Information technology is becoming a driver of logistics decisions instead of merely a facilitator,
Maritime
GOLD COUNCIL: IMF SALE NOT DONE
JOC Staff |
The International Monetary Fund's proposal to sell up to 10 million ounces of gold to relieve debt i
Maritime
SHIPPERS CHOOSE TRUCKS OVER RAIL
Bill Mongelluzzo |
When shippers of refrigerated commodities have a choice between rail and truck transportation, they
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
RAIL VAN, MAERSK FORM JOINT VENTURE
Journal of Commerce Staff |
Danish ocean carrier Maersk Inc. and Rail Van Inc. have created a joint venture called Maersk-Rail V
SUPPORTERS OF BILL TRY TO MOLLIFY RAILS
Rip Watson |
Backers of a bill to allow 97,000-pound trucks on U.S. highways are doing their best not to pick a f
NORSK HYDRO, STATOIL GET NOD IN TAKEOVER BATTLE
Reuters |
Norway's Saga Petroleum has reluctantly recommended a takeover by Norwegian industrial group Norsk H
BALTIC FREIGHT INDEX
JOC Staff |
June 14, 1999CURRENT: 1,023 PREVIOUS DAY: 1,027 The Baltic International Freight Futures M
Maritime
REAL-TIME TRACKING SYSTEM IS LAUNCHED
Helen Atkinson |
United Parcel Service on Monday introduced devices that can collect and send package-delivery inform
BIG CARGO EXPANSION AT BUSH
Beverly Narum |
The Houston Airport System plans to level its current cargo facilities at Bush Intercontinental Airp
Air Cargo
WAL-MART STORMS INTO BRITAIN
JOC Staff |
Wal-Mart Stores Inc., the world's largest retailer, marched into Britain Monday with a 6.7 billion p
Maritime
NEW BERTH TO OPEN AT VISAKHAPATNAM IN 2000
N. Vasuki Rao |
India's eastern Port of Visakhapatnam plans to operate a new container berth in association with a p
Maritime
GLOBAL COMPANIES READY TO BID
Tracey Ober |
The world's oil titans descended on Brazil this past weekend to take a first crack at its long-prote
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
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 14, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Buckley
BANGLADESH TO JOIN US ELVIS PROGRAM
N. Vasuki Rao |
Bangladesh's Export Promotion Bureau (EPB), in an effort to prevent forgery of export visas and quot
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
BRITISH CHAIN OPENS FRENCH DEPOT
Bruce Barnard |
In a move that could foreshadow radical changes in the way European shippers distribute their goods,
FOREIGN SHIPPING LINES, LED BY BULK CARRIERS, OUTPACE US COUNTERPARTS
Chris Isidore |
Foreign shipping stocks, especially those of bulk carriers, registered solid growth last week, but n
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 11, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJun. 985.0
Maritime
RETIRED MAERSK MANAGER DIES
Journal of Commerce Staff |
Capt. John B. ''Jack'' Hutcheon, retired terminal operations manager of Maersk Inc. for 15 years, ha
Maritime
HANJIN JOINS RUSH TO ADD SERVICES IN BOOMING ASIA-AUSTRALIA TRADE LANES
P.T. Bangsberg |
Australia seems to be the hot destination of the month, with more lines adding more services to meet
Maritime
ILA MEMBERS ACCUSED IN EMBEZZLEMENT CASE
JOC Staff |
Two officials and a staff member of a longshore union local at the Port of New York and New Jersey w
INDUSTRY ASSURES NEVADA COMPANIES REPLACEMENT COVERAGE CAN BE FOUND
Ron Lent |
State and private insurance officials in Nevada believe that employers will be able to find replacem
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of May 28, 1999Parallel Market Foreign Exchange Rates are based on unofficial, non-docume
COAL TERMINAL REPORT
Compiled by The Journal of Commerce staff from data provided |
June 14, 1999This table shows the vessels scheduled to call at U.S. coal terminals and the e
BLAIR URGES FIRM STAND ON CURRENCY
JOC Staff |
British Prime Minister Tony Blair said Monday that the government must ''stand firm'' on its existin
Maritime
GERMANY BACKS PLAN FOR GOLD SALES
JOC Staff |
Bullion prices may weaken further in the wake of Germany's decision to back the sale of up to 10 mil
Maritime
FAA FOCUS ON EMERY HAZMAT HANDLING
From Wire Reports |
The Federal Aviation Administration is reportedly investigating whether Emery Worldwide improperly s
MOTIVEPOWER WINS GE CONTRACT
JOC Staff |
MotivePower Industries Inc. said the Electro-Motive Division of General Motors Corp. ordered 50 swit
FOUR CITIES ARE CLEARED FOR FOREIGN OPERATIONS
P.T. Bangsberg |
Foreign underwriters will be allowed to operate in four more cities in China, a senior official said
STRIVING TO KEEP PACE WITH INCREASING DEMAND
Beverly Narum |
When the new $585 million Austin-Bergstrom International Airport opened for passenger traffic May 23
Air Cargo
CLAWING FOR US-CARIBBEAN MARKET SHARE
Rosalind Mclymont |
Cargo executives at Caribbean-owned airlines say predatory pricing by U.S. carriers, their own depen
Air Cargo
BANK OF FRANCE SEES ECONOMIC UPSWING
JOC Staff |
French industrial economic activity should continue to increase in all sectors in the coming months,
Maritime
DISNEY SEEKS THEME PARK IN HONG KONG
JOC Staff |
Walt Disney Co. said talks to build a theme park in Hong Kong are still under way, though it could n
Maritime
QUOTE TO NOTE
BOB HAULTER, assistant vice president CSX Corp. Playing down |
'It will take a while to get the rhythm back.'
TAIWANESE CARRIERS' ARRIVAL BUOYS PSA CORP.'S EFFORTS
P.T. Bangsberg |
Singapore's newest container terminal gained two more heavyweight customers, which say the facility'
Maritime
HONG KONG GRANTS LICENSE TO ITOCHU
P.T. Bangsberg |
Japan's Itochu Corp. won the first license to operate a captive insurer in Hong Kong, which is tryin
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