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SUEZ CANAL REVENUE FROM TOLLS FALLS AGAIN
JOC Staff |
Revenue from Suez Canal tolls fell for a fifth straight year in 1998, dropping to $1.76 billion from
ENSCO WINS CONTRACT TO BUY INSPECTION CAR
JOC Staff |
The Federal Railroad Administration said Ensco Inc. of Springfield, Va., received a $3.7 million con
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Feb. 10, 1999 OPEN INTEREST AND SALES - Feb. 8, 1999All life-of-con
COURT SIDES WITH STB IN "BOTTLENECK' RULING
Rip Watson |
Shippers' efforts to boost rail competition will have to focus solely on Congress after an appeals c
ACER CITES BAX GLOBAL FOR LOGISTICS SUPPORT
JOC Staff |
Acer Inc. has recognized BAX Global Taiwan as one of its ''Outstanding Partners'' for 1998.A
. . . AS SHELL HEAD SEES $10 OIL PRICE ENDURING
JOC Staff |
Shell Chairman Mark Moody-Stuart said Thursday that there is a chance that oil prices may continue '
SHELL NIGERIA TO CUT 700 ADMINISTRATIVE JOBS . .
JOC Staff |
The Nigerian subsidiary of the Anglo-Dutch oil giant Royal Dutch/Shell on Thursday announced plans t
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
STUDY SAYS FAMILY FARMS IN PERIL
Gregory Wright |
New mergers and partnerships in the U.S. agricultural sector have concentrated market share in the h
BEFORE YOU GET TANGLED IN THE WEB, TAKE A MOMENT TO GET ACQUAINTED FIRST
Cyber Trader - Howie Simon |
lectronic commerce is evolving at a pace so rapid that many companies are jumping into the fray wit
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Feb 11, 1999Quotations are based on prices reported in the market or obtained from sup
UN AGREES TO END BAN ON ELEPHANT IVORY TRADE, APPROVES TEST SALES TO JAPAN
Naomi Koppel |
Legal sale of elephant ivory will be possible after a nine-year ban following a United Nations decis
Maritime
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
C.H. ROBINSON POSTS PROFIT AFTER LOSS IN '97
JOC Staff |
C.H. Robinson Worldwide Inc. on Thursday reported a profit of $11.1 million for the fourth quarter,
AZERBAIJAN AND IRAN TO BUILD RAIL LINK
JOC Staff |
Azerbaijan and Iran have agreed to organize a direct freight and passenger link between the two coun
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 10, 1999Prev. Life of Contr. Open Open High Low
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 188.37 off 0.58
AIG'S INCOME RISES 13 PERCENT FROM YEAR EARLIER
From Wire and Staff Reports |
American International Group's net income for 1998 increased 13 percent to $3.77 billion from $3.33
BRAZILIAN BANKER CALLS FOR EURO-LIKE CURRENCY
Kevin G. Hall |
Brazil's currency crisis and its effects on Argentina highlight the need for the Mercosur customs un
LLOYD'S RELEASES MARKETING PLAN
Adrian Leonard |
Lloyd's of London's marketing board released a new business plan to cut its bureaucratic costs, allo
FINE TO DOUBLE FLEET WITH ARROW PURCHASE
William Armbruster |
Fine Air Services Inc. on Thursday announced plans to acquire the assets of Arrow Air, including 17
POLICY SAID TO REDUCE RISK OF DISPUTED CLAIMS
JOC Staff |
Efil Insurance Group Inc. of Des Plaines, Ill., and First Specialty Insurance Co. of Overland Park,
CIRCLE EYES DOMESTIC FORWARDING
Chris Isidore |
Circle International Group, one of the leading international freight forwarders, is considering an e
SAFETY BOARD TO REVIEW UP'S PERFORMANCE
JOC Staff |
The National Transportation Safety Board will conduct hearings in Dallas on Feb. 24-25 to review saf
CP MAY SELL PLANT TO CHEMETRON, SHED JOBS
JOC Staff |
Canadian Pacific Railway said it is negotiating the sale of its rail welding plant in Winnipeg, Mani
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 11, 1999Prevailing sellers' posted prices at the close of business, representi
CANADA ASKED TO STOP FIRM'S INVESTING IN IRAN
JOC Staff |
The United States has asked Canada to try to dissuade an oil and gas company, Bow Valley Energy Ltd.
SPOT PRODUCT PRICES
JOC Staff |
Feb. 10, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 11, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
JOHN HANCOCK WON'T COMMIT TO OLYMPIC ADS
From Wire and Staff Reports |
John Hancock Mutual Life Insurance Co. won't commit to buying television ad time during the 2000 Sum
BRAEMAR TANKERS TO BUY BURNESS MARINE
JOC Staff |
British shipbroker Braemar Tankers has concluded a takeover of Burness Marine, an operator of gas an
Maritime
QUOTE TO NOTE
Brian Conrad, Managing director Asia North America Eastbound |
'Carriers need the rate increase. So this year, at least, deregulation doesn't necessarily mean lowe
Maritime
FIRST DINNER, THEN CLINTON AND ZEDILLO WILL FEAST ON US-MEXICO TRADE ISSUES
Kevin G. Hall |
President Clinton and several Cabinet members fly to Merida, Mexico, this weekend for a brief summit
Maritime
INDIA'S GARMENT EXPORTS INCREASED IN 1998
JOC Staff |
India's garment exports totaled $5.04 billion in calendar 1998 compared with $4.6 billion a year ear
Maritime
GERMANY STUDIES MARITIME RELIEF
Robert Koenig |
With Germany's maritime industry feeling aftershocks from the economic tremors in Asia, Russia and B
Maritime
DOOMED FERRY CARRIED TRAVELERS ILLEGALLY
Associated Press |
A ship overloaded with travelers that sank in the South China Sea Saturday night was licensed to car
PLAN FOR HARBOR TAX EXPECTED IN MARCH
Tim Sansbury |
A senior Army official said on Wednesday that the Clinton administration's harbor maintenance tax re
RAILROAD DATA SHOW LITTLE CHANGE IN AVERAGE TRAIN SPEED
Rip Watson |
Rail performance trends reflected in major carriers' public disclosure of service data appear to be
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