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SPOT COMMODITIES
JOC Staff |
May 12, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
CURRENCIES TUMBLE ON RUSSIAN NEWS
Bridge News |
Currencies in three East European emerging markets weakened sharply on Russian President Boris Yelts
AIR CARGO CARRIERS SEEK MARKET FORUM
Chris Johnstone |
Europe's biggest airlines are at odds with most integrators and shippers over including liberalizati
CRUDE INVENTORIES FELL 2 MILLION BARRELS IN LATEST REPORTING PERIOD, API SAYS
Journal Of Commerce Staff |
U.S. crude oil inventories declined more than 2 million barrels in the week ended May 7, as compared
SPOT PRODUCT PRICES
JOC Staff |
May 11, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
SINGAPORE, VISA URGE FIRMS TO TRY E-COMMERCE
P.T. Bangsberg |
Singapore, a regional pioneer in electronic data interchange, is touting the simpler forms of electr
Maritime
RUBIN TO LEAVE BUT US POLICY ON DOLLAR TO STAY
Gordon Platt |
The resignation of U.S. Treasury Secretary Robert Rubin on Wednesday triggered an immediate emotiona
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 10, 1998 - May 12, 1999 (a graph)*
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended5-7
VIKING ADDS REPORTS ON TRACKING TO WEB SITE
JOC Staff |
Viking Freight Inc. has added tracking and tracing management reports to its Web site (www.vikingfre
CN ALLOTS $35 MILLION FOR 400 NEW FLATCARS
JOC Staff |
Canadian National is spending $35 million to add 400 new flatcars to its lumber car fleet this year.
S&P SAYS TORNADO CLAIMS TO APPROACH $1 BILLION
JOC Staff |
Standard and Poor's Corp. believes that insured losses caused by the tornadoes that damaged areas of
EMPLOYERS INCREASE APPEAL OF WORKPLACES
From Wire Reports |
Employers are increasing their employee benefits packages in response to record low unemployment rat
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 11, 1999Prev. Life of Contr. Open Open High Low
MOBILE PHONE GROWTH UP IN LATIN AMERICA
JOC Staff |
Consistent with the growth in telecommunications cargo, the number of mobile telephone subscribers i
Maritime
MALAYSIA MAY GAIN SUPPORT FOR GLOBAL FINANCE CHANGES
Ho Wah Foon |
Malaysia is likely to make headway in its repeated call for a restructuring of the global financial
Maritime
JACKSONVILLE PORT OFFICIAL NAMED TO CUSTOMS PANEL
JOC Staff |
The Jacksonville Port Authority's director of international business development, Joseph Strain, was
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SENATORS SKEPTICAL OF ACE USER-FEE FUNDING PROPOSAL
Jack Lucentini |
Some U.S. senators are skeptical of a Clinton administration proposal tocharge importers more than $
INTERPOOL POSTS 24.3 PERCENT INCREASE IN REVENUE
JOC Staff |
Interpool Inc., one of the leading lessors of containers and intermodal chassis, on Wednesday report
MERGERS SHOULD BENEFIT BOTTOM LINE, SAYS EMONS
JOC Staff |
Short-line operator Emons Transportation Group Inc. says that mergers of major railroads should help
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 12, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20.
WTO SEEN THREAT TO CHINA OIL SECTOR
Michele Batchelor |
China's regulated oil industry may not be able to handle foreign competition should the country be a
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 11, 1999 Brent Crude Oil - (Dollars Per Barrel)
HIGH-YIELD SHIPPING BONDS
Lazard Freres & Co.; The Journal of Commerce |
Table Only
Maritime
PRIMAKOV OUSTER FURTHER DESTABILIZES RUSSIA'S POLITICAL, ECONOMIC STRUCTURE
Martin Nesirky |
President Boris Yeltsin plunged Russia into political crisis and caused turmoil on financial markets
CONNING STUDY SHOWS RATES FIRMING FOR COMMERCIAL LINES
From Wire Reports |
The decade-long decline in rates for commercial lines, particularly in medical malpractice and worke
STATISTICAL AGENTS SETTLE COPYRIGHT LAWSUIT
Gene Linn |
The dominant workers compensation statistical agent has agreed to settle a 1996 copyright infringeme
LOGISTICS COMPANIES CRUISE FOR BUSINESS
Helen Atkinson |
A different approach to business conferences came across the Atlantic last week when Richmond Events
US INDEPENDENTS ALLEGE COUNTRIES DUMPED OIL, SEEK ITC INVESTIGATION
Reuters |
A group of independent oil producers will petition the U.S. International Trade Commission later thi
CHEVRON MAKES MAJOR NATURAL GAS FIND IN THE NORTHWEST TERRITORIES
Jeffrey Jones |
Chevron Corp. boasted that the production rate of a recent natural gas find places it ''in the top o
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 191.76 off 0.28 w
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - May 11, 1999 OPEN INTEREST AND SALES - May 10, 1999All life-of-contract
FREIGHT RATE FUTURES
JOC Staff |
May 11, 1999Baltic International Freight Futures Market PREV.CLOSE HI
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
TAIWAN CONCEDES MORE IN BID TO JOIN WTO
John Zarocostas |
Taiwan advanced its seven-year bid to join the World Trade Organization this week with last-minute o
Maritime
MESSER WINS SUPPLY PACT FOR COCA-COLA IN BRAZIL
JOC Staff |
Messer Griesheim do Brasil Ltda. announced it won the bidding to supply, as of first-quarter 2000, t
Maritime
CHILE PORT PRIVATIZATION AWASH IN FEUDS
Kevin G. Hall |
It is often said that the mark of a good compromise is that both sides are unhappy. In Chile's late-
Maritime
RAILS SEE INTERMODAL AS GROWTH ENGINE
Bill Mongelluzzo |
Western railroads are looking for intermodal business to drive their growth in the coming years, and
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