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NESTLE SUBSIDIARY BANS GENE-ALTERED INGREDIENTS
Economist Intelligence Unit, Reuters, The Associated Press, |
The Spanish subsidiary of Nestle SA has banned use of genetically modified ingredients, due to consu
QUOTE TO NOTE
Mark Storen, Director of corporate trade logistics, Nike Inc. |
'It was very important for us to have full confidential contracts in all of our trade lanes.'
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 24, 1998 - May 27, 1999 (a graph)*
ASEAN AND EU ESTABLISH PLAN TO BOOST TRADE
Ron Corben |
The 10-member Association of South East Asian Nations (Asean) and European Union are trying to broad
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
ANZDL ADDING SEATTLE AS PORT OF CALL US-AUSTRALIA TRADE COMPETITION INTENSIFIES
Bill Mongelluzzo |
Australia-New Zealand Direct Line is stepping up the competition in the trade between the U.S. West
CP RAIL, CREW UNION AGREE ON 4-YEAR CONTRACT
JOC Staff |
Canadian Pacific Railway and the Canadian Council of Railway Operating Unions, representing about 4,
BRITAIN'S CONTAINER PORTS GROW AT EXPENSE OF RIVALS
Paul Richardson |
ritain's busiest container ports, Felixstowe, Southampton, Thamesport, Tilbury and Liverpool, all ex
PLANNED CERES TERMINAL HOPED TO BOOST BOX TRAFFIC AT AMSTERDAM
Bruce Barnard |
Can a Lilliputian thrive among giants? That's what the shipping in dustry is asking after the cit
CIGNA OPENS INVESTMENT CENTER IN NEW YORK
JOC Staff |
Cigna Corp. will open an investment center here early next month in an effort to expand its asset ma
COFFEE GROWERS HALT TALKS AFTER 18 "FRUSTRATING' MONTHS
Janet Hill |
Coffee producers meeting at the International Coffee Organization temporarily halted formal talks We
BALTIC FREIGHT INDEX
JOC Staff |
988 (May 27, 1999) Previous day - 1007The Baltic International Freight Futures Market in Lon
Maritime
US GROWTH SLIGHTLY SLOWER THAN EXPECTED
Glenn Somerville |
The U.S. economy advanced at a slightly less brisk clip at the beginning of 1999 than previously tho
CARGO VOLUMES DECLINE 2.2 PERCENT AT 10 GULF COAST SEAPORTS
Journal Of Commerce Staff |
The nine Texas waterfronts and one Louisiana seaport that makeup the West Gulf Maritime Association
SHIP GROUP CONFIRMS ASIA-EUROPE RATE HIKE
Aviva Freudmann |
The 17-member cartel representing ship lines in the Asia-to-Europe trade lanes on reaffirmed its com
URGE TO MERGE IS PAYING OFF FOR CARRIERS
Paul Richardson |
uropean shipping lines that have gone through mergers and acquisitions appear to be faring reasonabl
SATELLITE FAILURES ROCK INSURERS
Gene Linn |
The term ''boom times'' has an unfortunate double meaning for insurance companies covering space com
CALIFORNIA OFFICIALS SUE TITLE, ESCROW COMPANIES
Ron Lent |
California title insurance and escrow companies have been sued by state officials for cheating prope
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
May 27, 1999Quotations are based on prices reported in the market or obtained from suppliers
FREIGHT RATE FUTURES
JOC Staff |
May 26, 1999Baltic International Freight Futures Market PREV.CLOSE HI
Maritime
IMF'S FISCHER LAUDS ARGENTINA'S POLICIES
JOC Staff |
Argentina is continuing ''prudent economic policies,'' but should enact more reforms to its budget a
Maritime
OECD MINISTERS BACK NEW WTO TALKS
JOC Staff |
Top world finance officials attending a two-day Organization for Cooperation and Development ministe
Maritime
SEAWAY AIMS TO WIN GRAIN TRAFFIC FROM RAILS
Courtney Tower |
The St. Lawrence Seaway community is worried about losing U.S. grain export traffic to the Mississip
Maritime
HONG KONG TAKES NEUTRAL STANCE AS US DEBATES STRICTER EXPORT CONTROLS
P.T. Bangsberg |
Amid the war of words over Chinese espionage in the United States, the government of Hong Kong is ta
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended May 22, 1999, vs. similar 1998 periodCARS CARSLOADED LOADED<
SENATORS TARGET FOOD IMPORTS
Associated Press |
Republican and Democratic senators want the Food and Drug Administration to increase inspections of
BOMBING DISRUPTS DANUBE TRAFFIC
Robert Koenig |
The air campaign against Yugoslavia has disrupted much of the long- distance traffic on the Danube R
GASOLINE PRICES
JOC Staff |
May 27, 1999RESELLER RACK Unleaded Mid- Premium-Unlead Premium-Unle
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 187.05 which co
SPOT METALS PRICES
JOC Staff |
COMMERCIAL QUANTITYAluminum ingots_ $1,500-$1,600per to
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - May 25, 1999 OPEN INTEREST AND SALES - May 24, 1999All life-of-contract
BALTIC HANDY INDEX
JOC Staff |
873 (May 27, 1999) Previous - 874The Baltic Exchange in London on Tuesdays and Thursdays pu
Maritime
EVERGREEN PRESSES FOR NEW ACCORD IN US-S. AMERICA LANES
Paul Richardson |
Taiwan's Evergreen Marine Corp. is discussing with a number of carriers the formation of a vessel-sh
Maritime
TV NETWORK SOLD TO DEUTSCHE BANK
Wire Reports |
German utility companies Veba AG and RWE AG have sold their jointly owned cable-television network T
ENFORCEMENT ENDORSED TO BOOST TRUCK, BUS SAFETY
Glen Johnson |
Better law enforcement, improved data collection and attention from top transportation officials can
FAA KEEPS ABREAST OF CANADA'S ATC RIFT
JOC Staff |
The U.S. Federal Aviation Administration said Wednesday it is receiving continual updates on labor u
MANUFACTURERS' SERVICES TAPS EMERY FOR LOGISTICS
JOC Staff |
Manufacturers' Services Ltd., a major electronics contract manufacturer, has picked Emery Worldwide
BUMPY ATLANTIC TAKES TOLL ON ACL
Aviva Freudmann |
Atlantic Container Line could not dodge the bullet forever.For several quarters, as most
CHANGES FROM PRIVATIZATION BENEFIT SHIP LINE OWNERS AND SHIPPERS ALIKE
Bruce Barnard |
Europe's ports are in a state of flux as privatization sweeps away decades of state ownership, sub
PARTNERRE SEES STORM CLAIMS TO BE $50 MILLION
JOC Staff |
PartnerRe Ltd. expects that its combined claims from two weather disasters could be about $50 millio
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