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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
ABF JOINS MULTIPACK IN MEXICO
DANIEL J. McCOSH |
ABF Freight Systems Inc., in a bid to overcome hurdles in cross-border shipments of consolidated goo
TRANSATLANTIC HOLDINGS REPORTS RISE IN INCOME
From Wire and Staff Reports |
Transatlantic Holdings Inc. reported that its net income for 1998 increased 33.4 percent to $247.5 m
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 11, 1999 Brent Crude Oil - (Dollars Per Barrel)
DAILY PETROLEUM PRICES
JOC Staff |
Friday Feb. 12, 1999Prevailing sellers' posted prices at the close of business, representing
SPOT PRODUCT PRICES
JOC Staff |
Feb. 11, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
OCEAN CARRIERS' MOVE TO AIR FREIGHT EXPECTED TO SPREAD TO US SOON
John Davies |
hipping lines in Asia and Europe are increasingly branching out into air transportation, a trend som
QUOTE TO NOTE
Mick Barr, Senior international services manager, Procter & |
'We always wanted to leverage our large volumes, and now deregulation makes that leverage more impor
Maritime
FREEZE ON IN HONG KONG
P.T. Bangsberg |
verybody seems content - for the moment - in the protracted battle over high and rising charges
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
SLATER RECRUITS TASK FORCE TO IDENTIFY MARITIME NEEDS
Tim Sansbury |
Transportation Secretary Rodney Slater has invited maritime groups and shippersto join a national ta
Maritime
US, EU WORLDS APART IN MERGER REGULATION
Aviva Freudmann |
Europe is about to be hit with a wave of rail mergers similar to the one that has streamlined the U.
AXA GLOBAL RISKS DEVELOPS FIRST UNIT
JOC Staff |
AXA Global Risks has formed FInancial Risk STrategies (First), which is designed to enhance its abil
FREIGHT RATE FUTURES
JOC Staff |
Feb. 12, 1999Baltic International Freight Futures Market Prev.Close High
Maritime
PREMIUMS DROP AT RUSSIAN INSURER
John Helmer |
Rosgosstrakh, Russia's leading insurer, suffered a 16 percent loss in premiums in 1998, the new chie
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
CLINTON BANS ROADS IN 33 MILLION ACRES OF FOREST
H. Josef Hebert |
The Clinton administration is ordering a halt to road construction in more than 33 million acres of
HACTL MANAGER RECALLS THE DAY TRAFFIC STOPPED
William Armbruster |
It's lonely at the top. And it can be especially lonely when things go horribly wrong and you're sud
EXPORT OPPORTUNITIES
The trade leads are generated from around the world on a daily |
The leads are classified and listed by their Harmonized System (HS) codes. U.S. firms should note th
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
DEREGULATION, ROUND TWO
From Wire And Staff Reports |
The Clinton administration and the Federal Reserve Board continued last year'stug of war over how
CORRECTION
JOC Staff |
On Page 6A of the Feb. 8. edition, the story headlined ''Foreign insurers could take over Korean fir
ALLSTATE PLAYS IT SAFE WITH $5,000 GRANT
JOC Staff |
Allstate Foundation has donated $5,000 to the Florida Stay Alive From Education (SAFE) Corp.
CANADA'S ALBERTA ENERGY PLANS ACQUISITIONS IN 1999
Jeffrey Jones |
Alberta Energy Co., which pleased investors Thursday by reporting large, low-cost additions to its o
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 12, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
NOISE REGULATIONS THREATEN TO POP FREIGHTER CAPACITY
Chris Isidore |
Noise poses a potential problem for air freighter capacity.When tougher noise regulations in
AN EXPLOSIVE SITUATION
Ian Putzger |
he dangers of perfume are legendary. A whiff of the right scent on the right person at the right
OPTIMISM BUOYS OOCL IN WAKE OF ASIAN STORMS
William Armbruster |
Jim Poon is brimming with confidence when he talks about the future of Orient Overseas Container Lin
US LENDERS FARM OUT RUSSIAN PRODUCE
John Helmer |
A group of Americans providing credit to Russian vegetable farms has discovered the best way to get
Maritime
NAFTA ENVIRONMENTAL WATCHDOG SETS JUNE MEET
JOC Staff |
The North American Free Trade Agreement's environmental watchdog agency, the Commission for Environm
Maritime
EX-IM BANK OFFICE TAPS SANDRA STEVENS JACKSON
JOC Staff |
The U.S. Export-Import Bank named Sandra Stevens Jackson vice president of the Office of Congression
Maritime
COVERAGE IS SCARCE IN BRAZIL ARGENTINA, MEXICO OK SO FAR
Richard Barovick |
ining up trade credit insurance for sales to Brazil is a formidable challenge these days, but some
CARGO WATCH: P&O NEDLLOYD
PIERS database. |
Key movements in 20-foot ocean container unitsNov. Dec. Jan. Feb. March April May Ju
Maritime
KUEHNE & NAGEL TO STAY INDEPENDENT, PAPER SAYS
Reuters |
The head of Swiss transporter and freight forwarder Kuehne & Nagel says he wants his company to stay
NAVY ATTEMPTS TO SET FIRE TO FUEL ON VESSEL GROUNDED OFF OREGON
Tom Kaser |
The U.S. Navy, after failing in an initial attempt to use explosives Wednesday night, tried again Th
QUEENSWAY BUYS PART OF ALLSTATE UNIT
JOC Staff |
Queensway Financial Holdings Ltd. has agreed to purchase the commercial lines business of American S
EU BLASTS US FOR BEING OUT OF SYNC ON MUSIC COPYRIGHTS
John Zarocostas |
The European Union said aspects of the amended United States Copyright Act don't conform with global
Maritime
ADB TO PURSUE GUARANTEE FUND
JOC Staff |
The Asian Development Bank will proceed with plans to establish a $3 billion guarantee fund as part
Maritime
VANCOUVER REACHES CONTAINER RECORD DESPITE WEST COAST ECONOMIC SLUMP
Courtney Tower |
The Port of Vancouver, British Columbia, overcame the economic anguish along Canada's west coast to
Maritime
SHIPPER GROUPS EVOLVE INTO FULL SERVICE
Terry Brennan |
or many shippers who can't commit thousands or even hundreds of containers to ocean carriers, the wa
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