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UPS LAUNCHES NEXT-DAY SERVICE TO CENTRAL AMERICA
Kevin G. Hall |
United Parcel Service, building on a recently started service to Costa Rica, has begun offering a ne
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
May 14,1999Quotations are based on prices reported in the market or obtained from suppliers
VIKING OPENS FACILITIES IN NEW MEXICO, TEXAS
JOC Staff |
Viking Freight Inc. has opened terminals in Albuquerque and El Paso.Viking had used a local
CANADA PLANS MOVES AGAINST EU BEEF BAN
Courtney Tower |
Canada will move swiftly to retaliate against the continuing European ban on North American beef, a
HIGH WATER LEVELS HALT SHIPPING ON RHINE
JOC Staff |
Shipping on a section of the river Rhine in Germany was halted on Friday because of high water level
HANJIN GETS ORDER FOR EIGHT FAST SHIPS
JOC Staff |
Hanjin Heavy Industries Co. said it received an order for eight container vessels worth $160 million
CALIBER MOVES IN WITH PACKAGING SUPPLIER
JOC Staff |
Caliber Logistics Inc. is sharing a distribution center with High-Tech Packaging Inc. in Toledo, Ohi
SPOT COMMODITIES
JOC Staff |
May 14, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
SOFTWARE MAKERS TURN SIGHTS ON SMALLER FIRMS
Rosalind Mclymont |
With the cost of software systems for global trade management ranging from $5,000 to $500,000, the t
METLIFE WANTS TO CUT NON-SALES WORK FORCE
JOC Staff |
Metropolitan Life Insurance Co. is preparing to make further reductions of up 2,500 employees, about
WORLD BANK CHIEF MEETS LEADER OF MALAYSIA'S OPPOSITION PARTY
Ranjan Roy |
World Bank President James Wolfensohn said Friday he did not discuss politics at a secret meeting wi
Maritime
BETTING ON SOUTH AMERICA MAY PROVE TO BE REWARDING
Bill Mongelluzzo |
U.S. investors and traders who viewed the economic crisis in South America as an opportunity for gro
Maritime
EXPORT OPPORTUNITIES
The trade leads are generated from around the world on a daily |
The leads are classified and listed by their Harmonized System (HS) codes. U.S. firms should note th
CONAGRA TO RESTRUCTURE, CUT WORK FORCE BY 7,000
Reuters |
ConAgra Inc., the nation's second-largest food processor, said it would cut 7,000 jobs, or about 9 p
MARYLAND LAWMAKER SEEKS TO DELAY DREDGE PROJECT
Rip Watson |
Rep. Wayne Gilchrest, R-Md., in the wake of the decision by Sea-Land Service Inc. and Maersk Line to
BDP OFFERS SEMINAR FOR IMPORTERS, EXPORTERS
JOC Staff |
BDP International, a global logistics and transportation services company, will host a one-day semin
IMPORTERS LAUD SENATORS FOR HITTING CUSTOMS FEE
Jack Lucentini |
Importers say they're encouraged that several U.S. senators oppose imposing a new user fee on import
GASOLINE PRICES
JOC Staff |
May 14, 1999RESELLER RACK Unleaded Mid- Premium-Unlead Premium-Unl
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
BRAZIL'S GROWTH DATA BETTER THAN PREDICTED
JOC Staff |
Brazil confounded forecasters by showing much brighter growth than expected in the first quarter, af
Maritime
*BALTIC FREIGHT INDEX
JOC Staff |
1097 (May 13, 1999) Previous day _1112The Baltic International Freight Futures Market in Lon
Maritime
QUOTE TO NOTE
David Gilmore, Partner, Foreign Exchange Analytics, Essex, |
'(Treasury Secretary Robert) Rubin is going out at the top of his game, like Wayne Gretzky and Micha
Maritime
BALTIC FREIGHT INDEX (GRAPH)
Journal of Commerce |
May 14: 1083
Maritime
PROTEST MARKS START OF WORK ON OIL TERMINAL
JOC Staff |
The start of work on an oil terminal on the Black Sea coast last week is renewing concerns over envi
Maritime
USDA ALTERS BEETLE REGIME IN NEW YORK
Bill Mongelluzzo |
The U.S. Department of Agriculture, in a move that should ease delays in clearing shipments at the P
CUSTOMS BROKER F.W. MYERS SHUTS DOWN
Chris Isidore |
Time has run out for F.W. Myers & Co., a well-respected customs broker and freight forwarder that ha
LUFTHANSA RESUMES CALLS TO DALLAS-FORT WORTH
JOC Staff |
Lufthansa Cargo Airlines is resuming freighter service to Dallas-Fort Worth International Airport on
UPS BEEFING UP AVIATION TECH UNIT
JOC Staff |
United Parcel Service is beefing up II Morrow, its aviation technology subsidiary, by adding financi
CALENDAR
JOC Staff |
he JOC calendar is a detailed listing of upcoming events in transportation and logistics, regulation
SUPREME COURT RULES IN HAGGAR CASE, UPHOLDS DUE DEFERENCE FOR CUSTOMS RULES
Customs Update - Steven S. Weiser & Ari L. Kaplan |
n April 21, the Supreme Court handed down its decision in the case of United States vs. Haggar Appar
JURY DECIDES FOR TOBACCO FIRM 2ND VICTORY IN 4 DAYS FOR SECTOR
Associated Press |
A federal jury handed the tobacco industry its second victory in four days last week, deciding Brown
MEXICO MOVES TO SINK VIDEO PIRATES AND CONFORM TO NAFTA REQUIREMENTS
Daniel J. Mccosh |
It's one o'clock in the morning. A convoy of unmarked pickups and vans discreetly speeds through Mex
Maritime
NEW ZEALAND MINISTER HITS US DAIRY SUBSIDIES
JOC Staff |
New Zealand Trade Minister Lockwood Smith expressed his disappointment at a U.S. decision to roll ov
Maritime
VENEZUELA BANKING TAX OFF TO SLOW START
Bridge News |
A 0.50 percent banking transaction tax was implemented in Venezuela Friday, but sources said collect
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
TWO CARRIERS LINK S. AMERICA SERVICES
Kevinhall |
Brazilian ocean carrier Transroll Navegacao has teamed up with bulk operator Docenave to boost the f
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 14, 1999Prevailing sellers' posted prices at the close of business, representing
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended May 8, 1999, vs. similar 1998 periodCars CarsLoaded Loaded
FARMERS PUSH CONGRESS TO MOVE AID PACKAGE
Charles Abbott |
Congress is moving ever closer to its second multibillion-dollar bailout in two years to shield U.S.
CHINA TO PROSPECT MINERAL DEPOSITS OFF HAWAII
P.T. Bangsberg |
China plans to exploit more than 400 million metric tons of underwater mineral deposits off Hawaii,
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