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ACE AND XL CAPITAL PREPARE TO BE INSURERS OF THE FUTURE
Ronald Gift Mullins |
High above the white-capped, dark blue Atlantic, as I flew back to the United States from Bermuda la
CHEMICAL BLAST MAY BE FELT FOR YEARS
John Leming |
hen a chemical plant exploded near Allentown, Pa., at 8:15 p.m. on Feb. 19, five workers were ki
HIGH-YIELD SHIPPING BONDS
Lazard Freres & Co.; The Journal of Commerce |
Summation: The week saw $136 million flow into high-yield funds and eight new deals priced in a very
Maritime
QUOTE TO NOTE
Mark Najarian, Vice president, cargo sales, American Airlines, |
'A week doesn't go by in which I don't get a fax copy of some promotion launched by an airline.'
Maritime
HANJIN HANGS ON TO OUTLAST COMPETITORS AS ASIAN FINANCIAL STORMS SEEM TO EBB
Slot Watch - Paul Richardson |
I read this week that things are getting better in Asia, and the worst of the economic crisis is ove
Maritime
CUSTOMS CONFISCATES OIL SPEECHES AS "SENSITIVE'
Reuters |
Delegates attending an international Iran/Iraq energy conference, which began here Monday, were in f
NORWAY TO REDUCE STAKE IN CHRISTIANA BANK TO A THIRD
Reuters |
Norway said Wednesday it would cut its stake in Christiania Bank, the country's second-biggest bank,
EXPORT OF BOMB DETECTOR SETS OFF ALARMS IN US
Michael S. Lelyveld |
In yet another example of the gaps in U.S. export controls, the Clinton administration is reviewing
GASOLINE PRICES
JOC Staff |
Mar. 3, 1999RESELLER RACK Unleaded Mid- Premium-Unlead Premium-Unlea
FREIGHT RATE FUTURES
JOC Staff |
*Mar. 2, 1999Baltic International Freight Futures Market PREV.CLOSE HIGH
Maritime
BUSINESS WAS BRISK OVER CHINESE NEW YEAR
Journal Of Commerce Staff |
Atlas Air Inc., which provides 747 freighters and crews to other airlines on a contract basis, says
EU PANEL REJECTS SHIP AID PROPOSAL
Bridge News |
The European Commission said it rejected development aid granted by Germany to Indonesia for the con
Maritime
CURRENCY STILL FALLING, BANKER IS CONFUSED
Beata Miros |
No fundamental reasons exist for the zloty's slump, especially after the foreign trade deficit narro
UPS TO BOOST NUMBER OF FLIGHTS OUT OF HONG KONG
P.T. Bangsberg |
United Parcel Service wants to add flights from Hong Kong and will increase the size of its airport
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CANAL AUTHORITY STUDIES EXPANSION
Emma Griffiths |
If the rate of traffic continues to grow, the Panama Canal will reach capacity between 2010 and 2015
Maritime
NATURE TESTS SHIP WORTHINESS AND ALLIANCES
Jack Lucentini |
A pair of re cent storms that has trig gered two of history's big gest container ship cargo loss
HAMBERGER RESISTS ALL EFFORTS TO SLOW RAILS' POLITICAL MOMENTUM
Rip Watson |
d Hamberger, president of the Association of American Railroads, is the kind of guy who will talk to
USF UNIT BUYS PROCESSORS UNLIMITED
JOC Staff |
USF Logistics Inc., the logistics business unit of USFreightways Corp., has bought Processors Unlimi
AAR RAILS AT STB, SHIPPERS CRY FOUL
Rip Watson |
For the second time this year, the Association of American Railroads is attempting to undo a Surface
US CRUDE STOCKS FELL 6 MILLION BARRELS IN LATEST REPORTING PERIOD, API SAYS
Journal Of Commerce Staff |
U.S. crude oil inventories fell almost 6 million barrels in the week ended Feb. 26, as compared with
EAST, SOUTHERN AFRICA TRADE GROUP CITES GROWTH
JOC Staff |
The volume of trade within the Common Market for Eastern and Southern Africa has been growing at 20
Maritime
US AGREES TO ALLOW MORE TEXTILES FROM PHILIPPINES
Paula L. Green |
U.S and Philippine textile officials have again extended a agreement that compensates the Philippine
Maritime
SUPACHAI AND MOORE TOP CONTENDERS TO LEAD WTO
JOC Staff |
Thai Foreign Minister Supachai Panitchpakdi and former New Zealand Premier Mike Moore have emerged a
Maritime
AFTER BANNER '98, SAIRGROUP CAUTIOUS
John Zarocostas |
Swiss national carrier SAirGroup on Wednesday announced 1998 net profit of 361 million Swiss francs
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 3, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20.
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Mar 3, 1999Quotations are based on prices reported in the market or obtained from supp
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
975 (Mar. 3, 1999) Previous day - 979The Baltic International Freight Futures Market in Lond
Maritime
POST OFFICE, DHL OFFER EUROPE SERVICE
William Armbruster |
The U.S. Postal Service's move to join with DHL Worldwide Express to offer international express mai
SPOT PRODUCT PRICES
JOC Staff |
Mar. 2, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 2, 1999Prev. Life of Contr. Open Open High Low
GAO: STB'S RATE REVIEW TOO SLOW
Rip Watson |
The Surface Transportation Board's rail rate review procedures are complex, time-consuming and produ
POLISH BOARD LICENSES AIG PENSION FUND
JOC Staff |
American International Group Inc. announced that AIG Otwarty Fundusz Emerytalny, a newly formed pens
ALLSTATE AND PUTNAM IN VARIABLE LIFE VENTURE
JOC Staff |
Units of Allstate Corp. and Marsh & McLennan have entered into a joint venture to offer variable ann
LINES WILL ADD INLAND SURCHARGES EXPERT SAYS
Courtney Tower |
Shipping lines may decide to apply surcharges to cargo shipped inland in their containers after mari
Maritime
FEDEX WANTS ROLE IN HEMISPHERIC TALKS
Kevin G. Hall |
Package-express companies would welcome a role in drafting business-facilitation measures for the cu
Maritime
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Department of Agriculture; Journal of Commerce |
No text.
RELIASTAR TO OPEN OFFICE IN MEXICO
JOC Staff |
Reliastar Reinsurance Group, a division of Reliastar Life Insurance Co., said it received regulatory
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