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Platts Containers Update
TURKON TO ADD SHIP IN EAST COAST-MED LANE
Journal Of Commerce Staff |
Turkon America Inc. will expand its container capacity by a third when it launches a fourth ship nex
Maritime
MAERSK, SEA-LAND ARE BUSY MAKING MOVES IN THE PACIFIC, AND MAKING WAVES
Slot Watch - Paul Richardson |
aersk Line is introducing another string of ships on the Asia-Europe trades, a lane that continues
Maritime
THAILAND TO ADVANCE E-COMMERCE SECTOR PLAN
Ron Corben |
Legislation supporting Thailand's fledgling electronic commerce sector is expected to be submitted t
Maritime
QUOTE TO NOTE
Angel de la Puente, Director of logistics, Colgate-Palmolive |
'There are still some very virgin areas of logistics in Mexico.'
Maritime
P&O NEDLLOYD'S HARRIS SANGUINE AS CAPACITY, ASIA DEMAND INCREASE
Aviva Freudmann |
The financial situation is brightening for P&O Nedlloyd, which has suffered in recent years from the
WITH NEW YORK ITS PORT OF CHOICE, SEA-LAND GEARS UP FOR CHANGES
Terry Brennan |
It did not take long for changes to begin at the Port of New York and New Jersey once Sea-Land Servi
PEOPLE ON THE MOVE
From Wire and Staff Reports |
Chase Manhattan Corp.Peter Aharonyan was named president and chief executive of Chase Insura
THE JOC WANTS TO HEAR FROM YOU
JOC Staff |
Please fax material on upcoming events to the Transportation Desk at (212) 837-7005 or e-mail to pre
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
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