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NEW BATTLE OVER CALIFORNIA "BAD FAITH' LITIGATION MEASURE
Ron Lent |
The president of the California Chamber of Commerce added fuel to a growing war of words over legisl
FOR 24-HOUR NEWS, LOG ON TO WWW.JOC.COM
JOC Staff |
To learn what's happening in the fast-changing world of insurance, 24 hours a day, call up The Journ
NS, CSX POISED TO TAKE OVER CONRAIL
Rip Watson |
ntermodal officials at Norfolk Southern and CSX say they are ready to roll in less than six weeks wh
PHILIPPINE CENTRAL BANK CUTS INTEREST RATES
JOC Staff |
The Philippine central bank cut its key overnight rates by 50 basis points effective Monday, central
Maritime
EU MOVES ON TWO E-COMMERCE LAWS
JOC Staff |
The European Union will act this week on two measures to making it easier to do business over the In
Maritime
PEOPLE ON THE MOVE
People on the Move is compiled by Chris Brooks |
AMERICAN STEAMSHIP AGENCY CORP.Michael John Donza, a 24-year industry veteran, was appointed
Maritime
CARRIERS FEEL CONFIDENT THEY'VE DERAILED Y2K BUG
Don Amerman |
ntermodal carriers are reasonably confident that their preparations for the year 2000 will ensure
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending April 15, 1999 as supplied by the bunker fuel
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 19, 1998 - Apr. 19, 1999 (a graph)*
SEA-LAND EXITS EUROPE, LATIN RUNS
Paul Richardson |
Sea-Land Service Inc., saying it will focus its attention on core areas of profitability, is withdra
DANZAS TRIPLES SPACE AT LATIN AMERICA GATEWAY
Kevin G. Hall |
International forwarder and logistics provider Danzas Corp. has sharply increased its warehousing ca
PROMOTING GROWTH THROUGH HERBICIDES
P.T. Bangsberg |
AstraZeneca PLC, the newly-formed chemical and pharmaceutical group based in London, is moving aggre
DAILY PETROLEUM PRICES
JOC Staff |
Monday April 19, 1999Prevailing sellers' posted prices at the close of business, representin
COLUMBIA MAKES $6.7 BILLION BID FOR CONSOLIDATED
Neil Kelleher |
Columbia Energy Group on Sunday offered to buy Consolidated Natural Gas Co. for $70 a share, or abou
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
US DELAYS MEAT AID TO RUSSIANS
John Helmer |
American exporters to Russia are protesting delays in the U.S. government's issuance of tenders to p
Maritime
JAMAICA PLANS TO BORROW $400 MILLION FOR BUDGET
JOC Staff |
Jamaica will borrow $400 million on the international capital market this year to help close a short
Maritime
MITSUBISHI, EXXON PLAN SOUTH ASIAN SALES UNIT
P.T. Bangsberg |
The chemical arm of Exxon Corp. is planning to expand its joint-venture efforts with Japan's Mitsubi
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApril 16, 1999 Brent Crude Oil - (Dollars Per Barrel)
RUSSIA'S ROSNO PREPARED TO INSURE AGAINST Y2K RISKS IF COMPLIANCE SHOWN
From Wire Reports |
Russia's leading insurance company, Rosno, is ready to insure its corporate clients against Y2K-rela
HONG KONG TO TOUGHEN RULES FOR LLOYD'S, OTHER INSURERS
P.T. Bangsberg |
Hong Kong will submit a series of changes to insurance regulation, including tighter control over Ll
CARIBBEAN SUMMIT DECISION MAY COMPLICATE MOVE TO FREER TRADE
Kevin G. Hall |
A decision by Caribbean leaders to press for a regional tariff system may create greater trade flows
Maritime
NATIONWIDE TO FORM JOINT VENTURE IN POLAND
JOC Staff |
Nationwide Global Holdings Inc. signed an agreement with Pioneer Group, Inc. to form a joint venture
29 ARE HONORED FOR SAVING LIVES
JOC Staff |
Twenty-nine individuals were honored Monday by the Life Saving Benevolent Association for heroic wat
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
USDA STEPS UP NEW YORK PORT PEST INSPECTIONS
Bill Mongelluzzo |
The U.S. Department of Agriculture is intensifying its inspection of certain shipments from China an
CONGRESS: NO FUNDS FOR ACE
Heidi Przybyla |
An initiative by private industry is succeeding in calling attention to Customs' computer problems o
CANADA READY TO HIT EU GOODS WITH 100 PERCENT TARIFFS IN EXPORT BEEF
Courtney Tower |
Canada is preparing to levy 100 percent tariffs on food goods imported from the European Union in re
TRANSPORT INDEX RISES TO NEW HEIGHTS, GAINING 8 PERCENT
Chris Isidore |
The Journal of Commerce/Bridge Transportation index racked up one of the best weeks in its history.<
US-BRITISH OPEN SKIES TALKS CLEARED FOR TAKEOFF TODAY
Bruce Barnard |
The United States and Britain, in a bid to reach a liberal bilateral aviation accord by the end of t
FIRST-QUARTER PROFIT FALLS 3.8 PERCENT AT CF
JOC Staff |
Consolidated Freightways Corp. posted first-quarter net income of $6.8 million net income, off 3.8 p
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 188.22 up 0.23 whi
AGGRESSIVE RATES LURE CARGO TO TORONTO
Ian Putzger |
Lester Pearson Airport's pie is bigger than it may seem.The airport's cargo volumes reflect
AIR CARGO SECTOR TRIES TO EXPEDITE AS INTEGRATED CARRIERS RAID BUSINESS
Ian Putzger |
he air cargo industry must get its act together and speed up transit times.For airlines and
OKLAHOMA DEREGULATES SOME COMMERCIAL LINES
JOC Staff |
Add Oklahoma to the list of states that will allow insurers of large commercial risks to sell produc
COMMERCE FINES FIRM
Jack Lucentini |
The Commerce Department fined a Massachusetts company $40,000 for exporting products that could be u
Maritime
JAPAN BANKERS GROUP PLANS REORGANIZATION
JOC Staff |
The Federation of Bankers Associations of Japan (Zenginkyo), the group that speaks on behalf of the
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended April 10, 1999, vs. similar 1998 periodCars Cars Loaded Loaded
SEARS NAMES MENLO "PARTNER IN PROGRESS'
JOC Staff |
Menlo Logistics, the contract logistics arm of CNF Transportation Inc., has received the ''Partners
HAMPTON ROADS AND PORTNET FIND PARTNERSHIP IS SMOOTH SAILING
Don Amerman |
he Hampton Roads Maritime Association has come a long way from its founding in 1920. Back then, an a
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