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TIMKEN WILL IMPROVE BEARINGS FOR BNSF
JOC Staff |
Burlington Northern & Santa Fe Railway Co. has struck a five-year deal with Timken Co. to develop an
ROADWAY HELPS TO AVOID FREEZING OF CARGO
JOC Staff |
Roadway Express Inc. said shippers can now request the motor carrier's Freezables Protection service
AEGON PAYS $9.7 BILLION FOR TRANSAMERICA CORP.
JOC Staff |
Dutch insurer Aegon NV is buying the U.S. life insurance company Transamerica Corp. for $9.7 billion
WTO PANEL REQUESTED ON US SANCTIONS LAWS
JOC Staff |
The European Union requested the establishment of a World Trade Organization panel against Section 3
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
*BALTIC HANDY INDEX
JOC Staff |
604 (Feb. 16, 1999) Previous - 608The Baltic Exchange in London on Tuesdays and Thursdays p
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
831 (Feb. 18, 1999) Previous day - 825The Baltic International Freight Futures Market in Lon
Maritime
MEXICO INDUSTRIAL GROWTH SLIPS TO 6.6 PERCENT JOURNAL OF COMMERCE SPECIAL
JOC Staff |
A global economic slowdown took its toll in Mexico, as industrial growth slowed to 6.6 percent last
Maritime
STEELMAKERS TO DISCUSS CUSTOMS ISSUES AT MEET
JOC Staff |
Customs issues will be the subject of debate April 19-20 when the American Institute of Internationa
Maritime
YELTSIN MEETS WITH EU OFFICIALS ON ECONOMY
Vladimir Isachenkov |
President Boris Yeltsin, who has postponed several recent meetings with foreign leaders due to illne
US SOFTENS STANCE ON CHINA'S BID
Heidi Przybyla |
The Clinton administration is pursuing new talks with China to bring it into the World Trade Organiz
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 18, 1999Prevailing sellers' posted prices at the close of business, representi
AMTRAK, GUILFORD ARGUE PASSENGER SERVICE PLAN
JOC Staff |
Amtrak and Guilford Transportation Co. continue to wrangle over terms for a new passenger service be
JANUARY "CAT' LOSSES 3RD-COSTLIEST SINCE 1949
JOC Staff |
Insurers paid catastrophe claims totaling an estimated $1.75 billion for propertydamage from four Ja
CONGRESS VISITS WTO PRIOR TO SEATTLE MEETING
JOC Staff |
A bipartisan group of U.S. congressional aides along with American business representatives visited
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 18, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
SPOT COMMODITIES
JOC Staff |
Feb. 18, 1999Included are list prices of suppliers. Quotations do not necessarily represent
AIG RUSSIA RECOVERS LICENSE TO OPERATE AFTER REVOCATION
John Helmer |
Officials of the Russian-American Insurance Co. (AIG Russia) say their company has recovered its Rus
US STEEL IMPORTERS FILE 2ND DUMPING COMPLAINT
Jack Lucentini |
Steel importers may have to cut orders for a second time, after U.S. steelmakers filed a dumping com
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 18, 1999Baltic International Freight Futures Market Prev.Close High
Maritime
INTERPOOL'S EARNINGS SOARED IN FOURTH QUARTER
JOC Staff |
Interpool Inc. posted fourth-quarter earnings of $10.07 million, or 37 cents a share, on revenue of
Maritime
BANKS GET Y2K RULES FOR HELP WITH CLIENTS
Marcy Gordon |
Bankers have been telling people not to panic over the millennial computer problem, trying to counte
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
FMC OVERHAULS REFORM ACT PLAN
Tim Sansbury |
The Federal Maritime Commission, responding to a plethora of complaints from shippers and carriers,
WTO WILL LOWER BARRIERS MARCH 1
John Zarocostas |
Fifty-two countries have agreed on a March 1 effective date for the World Trade Organization accord
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 16, 1999 Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
Feb. 17, 1999Included are list prices of suppliers. Quotations do not necessarily represent
CANADA BANKS ON SURPLUS IN '99, SEES SLOWER GROWTH
Courtney Tower |
Canada is budgeting for financial surpluses this year and beyond, and expects slower but respectable
FHA PLANS HEARINGS ON EQUIPMENT SAFETY
Rip Watson |
The Federal Highway Administration wants to know if the condition of intermodal chassis and trailers
TACO BELL, CUSTOMER SETTLE BURRITO ORDER DISPUTE
Ron Lent |
A Hindu man apparently has won his dispute with the fast-food restaurant chain Taco Bell, reaching a
HONG KONG'S UNDERWRITERS FACE MARKET DETERIORATION
P.T. Bangsberg |
Hong Kong's insurance underwriters are facing a difficult time ahead as their businesses deteriorate
CENTRIS DELAYS EARNINGS REPORT UNTIL MARCH
JOC Staff |
Centris Group Inc. has reported it is postponing the release of its fourth-quarter and 1998 year-end
. . . AND EXITS MARINE INSURANCE BUSINESS
JOC Staff |
Following Guardian Royal Exchange's review of its marine portfolio, Guardian Insurance is withdrawin
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 16, 1999Prev. Life of Contr. Open Open High Low
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 17, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 9, 1998 - Feb. 17, 1999 (a graph)*
LOOPHOLE LETS NUKE MATERIALS INTO INDIA
Michael S. Lelyveld |
Customs officials in recent months have repeatedly stopped nuclear materials destined for India, but
FREIGHT RATE FUTURES
JOC Staff |
Feb. 17, 1999Baltic International Freight Futures Market Prev.Close High
Maritime
EU DIRECTIVE OPENS ELECTRICITY SECTOR
Bruce Barnard |
U.S. companies will have greater opportunities for expansion Friday when the European Union fully op
Maritime
PANEL REJECTS EXTENSION OF INTRA-EU DUTY-FREE SALES
JOC Staff |
The European Commission Wednesday rejected a limited extension of intra-European Union duty-free sal
Maritime
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