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RUBIN WARNS AGAINST US IMPORT QUOTAS
Bridge News |
Treasury Secretary Robert Rubin on Thursday warned against imposing quotas on imports to the United
GLOBAL LINES KNOCK CHINA BOX PLAN
Tim Sansbury |
The international shipping lines that carry most of the cargo between Asia and North America have ad
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 3, 1999 Brent Crude Oil - (Dollars Per Barrel)
OVERALL COST OF RISK FELL FOR FIFTH STRAIGHT YEAR
From Wire Reports |
The overall risk management costs for U.S. businesses declined for the fifth consecutive year, accor
NATIONWIDE SEES RISE IN PREMIUMS, NET INCOME
From Wire and Staff Reports |
Nationwide Financial Services, Inc. said its 1998 net income grew to $332.4 million from $265.2 mill
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 4, 1999Prevailing sellers' posted prices at the close of business, representin
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
INDIA SIGNS AGREEMENT FOR WORLD BANK FUNDING
JOC Staff |
The Indian government Thursday signed an agreement with the World Bank for a $543.2 million assistan
Maritime
QUOTE TO NOTE
Walter B. McCormick Jr., President, American Trucking |
''Would a trucker report another trucker? You bet.''
Maritime
HOUSE GOP PLANS "FAST-TRACK' HEARINGS
JOC Staff |
The House Ways and Means Trade Subcommittee is planning to hold hearings later this month on the que
Maritime
US LOOKS TO EASE BAN ON FRUIT IMPORTS
Kevin G. Hall |
The U.S. Department of Agriculture's Animal and Plant Health Inspection Service (Aphis) today holds
US PORT ROUNDUP
JOC Staff |
MAERSK, SEA-LAND SURVEY BALTIMORE RAILMaersk Line and Sea-Land Service Inc. met with port an
Maritime
AIG UNIT TO FORM TECHNOLOGY DIVISION
JOC Staff |
A new technology division has been formed by American International Group Inc.'s American Internatio
SPOT PRODUCT PRICES
JOC Staff |
Feb. 3, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Feb 4, 1999Quotations are based on prices reported in the market or obtained from supp
WORLD TRADE CENTER LEADS
WTCA On-Line |
For further information:These trade leads are supplied by WTCA On-Line, a service of the Wor
STRAPPED ASIA WILL KEEP TRYING TO EXPORT ITS WAY OUT OF CRISIS
P.T. Bangsberg |
Getting your goods into Asia may require sharper marketing and sales techniques this year becau
15 LAWMAKERS BACK MASSACHUSETTS APPEAL
Michael S. Lelyveld |
At least 15 House members, including Minority Whip David Bonior, are backing Massachusetts in a fede
Maritime
ABB GROUP POSTS 10 PERCENT DROP IN ORDERS
JOC Staff |
Swedish-Swiss ABB Group reported Thursday orders received worldwide declined by 10 percent in 1998 t
Maritime
CHINA OPENS JOHANNESBURG CONSULATE
JOC Staff |
The close links formed between South Africa and China received a further boost Wednesday with the op
Maritime
MALAYSIA'S BINTULU ADDS EQUIPMENT, STUDIES EXPANSION OF LNG FACILITIES
P.T. Bangsberg |
The Port of Bintulu in Malaysia's Sarawak state is adding equipment and studying expansion of its li
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 27 - Feb. 4, 1999 (a graph)* Annual
EURO DROPS TO NEW LOW AS EUROPE'S ECONOMY SLOWS
Gordon Platt |
What happened to the euro?Europe's new currency was unveiled Jan. 1 to the popping of champa
JACKSON OFFERS HIS OWN BILL ON AFRICA TRADE
William Roberts |
Emerging as new player in trade politics, Rep. Jesse Jackson Jr., D-Ill., this week is trying to spl
SERVICE PERFORMANCE VARIES AT REPORTING RAILROADS
Rip Watson |
Performance was a mixed bag at the major North American railroads reporting service data for the fou
WEST COAST REPORTS STEEP IMPORT DECLINE
Economist Intelligence Unit, Reuters, The Associated Press, |
Look for the U.S. government's next report on merchandise trade flows to show a sharp narrowing of t
FOOD FUELS RUSSIAN PRESIDENTIAL AMBITIONS
John Helmer |
Need is driving the large American and European food aid programs for Russia this year. But the reci
STB RAISES FILING FEES IN RAIL, TRUCK CASES
Rip Watson |
Under pressure to generate revenue, the Surface Transportation Board announced an across-the-board i
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 190.32 off 0.36
US FINDS SLOW PROGRESS IN PERSUADING PARTNERS TO REFORM HEALTH/PROTECTIONISM RULES
Richard Lawrence |
The long U.S. effort to get other nations to stop using unnecessary and distorted health rules as a
Maritime
OECD SAYS FRENCH EXPORTS TO SLOW BUT REBOUND IN 2000
John Zarocostas |
France's exports of goods and services are forecast to grow by 4 percent in 1999, a slowdown from la
Maritime
CLARIFICATION
JOC Staff |
A headline that appeared on Page 3B of the Jan. 27 edition should have indicated that the Bi-State H
Maritime
US JOBLESS CLAIMS FELL FOR WEEK
Reuters |
The number of Americans filing new claims for state jobless benefits fell for the third consecutive
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CHICAGO PROPOSES ADDING TWO TERMINALS AT O'HARE
JOC Staff |
Chicago Mayor Richard M. Daley on Thursday proposed building two more terminals at O'Hare Internatio
BEEF EXPORTERS GALLOP TO SOUTH KOREA
P.T. Bangsberg |
Where's the beef? Not in South Korea, the world's cowpunchers reckon, and that's started something o
Maritime
US FRUIT, VEGETABLE EXPORTS WITHERING
Richard Lawrence |
U.S. fresh fruit and vegetable exporters, bedeviled by both economic and weather problems, appear he
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
794 (Feb. 4, 1999) Previous day - 794The Baltic International Freight Futures Market in Lond
Maritime
STB CLOSES OPTION OF FILING US TARIFFS ON FMC'S SYSTEM
Rip Watson |
The Surface Transportation Board will eliminate the option of using the Federal Maritime Commission'
BRAZIL, IMF IN NO RUSH TO MAKE NEXT MOVE
Mary Milliken |
Brazil and the International Monetary Fund are sending signals that neither side wants to rush a fre
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