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SEN. GRAMM SETS FEB. 25 FOR VOTING ON REFORM BILL
JOC Staff |
Sen. Phil Gramm, the Senate Banking Committee's new chairman, said his panel will vote on U.S. banki
JAPAN REASSESSES STEEL IMPORTS AFTER CLINTON ISSUES WARNING
Associated Press |
Japan's finance chief said Wednesday he is worried that the United States is growing increasingly an
Maritime
WITH HARBOR TAX REFUNDS, CHECK IS NOT IN THE MAIL
Jack Lucentini |
The Customs Service has speeded up the processing of harbor maintenance tax refunds, quieting some e
Maritime
GREENSPAN: "VIGOROUS' ECONOMY HAS RISKS
Knut Engelmann |
Federal Reserve Chairman Alan Greenspan hailed the ''sparkling'' performance of the U.S. economy, bu
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 13 - Jan. 20, 1999 (a graph)* Annua
BRAZIL'S CURRENCY WOES HIT MARITIME
Thierry Ogier |
The sudden, shocking devaluation of Brazil's currency has created new problems for the maritime indu
CANADIAN OIL FIRMS BRACE FOR POOR RETURNS FED BY DEPRESSED PRICES
Jeffrey Jones |
Analysts are bracing themselves for what are expected to be a spate of poor 1998 financial results f
MARUBENI, INDIAN OIL VENTURE ALLOWED
Bridge News |
The Indian government will allow a joint venture between state-run Indian Oiland Japan's Marubeni Co
SPOT COMMODITIES
JOC Staff |
Jan. 20, 1999Included are list prices of suppliers. Quotations do not necessarily represent
CLINTON PRAISED FOR URGING WORLD TRADE DISCUSSIONS
John Zarocostas |
Many in the global trading community on Wednesday hailed President Clinton's call for a new round of
Maritime
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Jan 20, 1999Quotations are based on prices reported in the market or obtained from sup
MERRILL LYNCH CHIEF URGES PASSAGE OF REFORM BILL
JOC Staff |
Merrill Lynch chairman and chief executive David Komansky urged Congress to enact the financial serv
HIGH COURT LETS STAND PRUDENTIAL SETTLEMENT
JOC Staff |
The Supreme Court rejected two challenges to Prudential Insurance Co. of America's $410 million sett
*BALTIC FREIGHT INDEX
JOC Staff |
777 (Jan. 19, 1999) Previous day - 776The Baltic International Freight Futures Market in Lon
Maritime
CARGO WATCH: JACKSONVILLE
PIERS database. |
Key movements in 20-foot ocean container unitsOct. Nov. Dec. Jan. Feb. March April May June
Maritime
MITSUI O.S.K., ENRON FORM JOINT VENTURE
From Wire And Staff Reports |
Mitsui O.S.K. Lines and Enron International, a Houston energy company, formed a joint venture to own
Maritime
THAI AGENCIES TO MONITOR IMPACT OF EURO EXCHANGES
Ron Corben |
The euro's introduction has provided a mixed blessing for Thai business, with expected export opport
OFER BROTHERS BUYS CONTROL OF ZIM ISRAEL
Paul Richardson |
One of Israel's wealthiest business concerns, Ofer Brothers Shipping Co., will acquire a 53 percent
UP TO LET CREWMEMBERS TAKE 45-MINUTE NAPS
JOC Staff |
Union Pacific Railroad will allow train crew workers in an eight-state region to take naps of up to
SHIP FIXTURES BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Department of Agriculture; Journal of Commerce |
No text.
FREIGHT RATE FUTURES
JOC Staff |
Jan. 20, 1999Baltic International Freight Futures Market Prev.Close High
Maritime
FTC ORDERS 6 FIRMS TO STOP USING FALSE US-MADE LABELS
Paula L. Green |
A federal agency has wrapped up tentative settlements with six companies accused of making misleadin
Maritime
SINGAPORE, MALAYSIA IN CUSTOMS NEGOTIATIONS
JOC Staff |
Singapore has extended a deadline to resolve a dispute over customs, immigration and quarantine faci
Maritime
CHINESE FIRM INVESTS IN KENYA COMPUTER PLANT
JOC Staff |
A Chinese firm, Neo Kingstake Ltd., will invest $40 million in a computer manufacturing plant in Ken
Maritime
BRAZIL FINES TANKERS OVER VISA RULES
Aviva Freudmann |
Brazil is imposing heavy fines on foreign shipowners operating in its domestic routes whose non-Braz
Maritime
US-IRAN GRAIN SALE THREATENED
Michael S. Lelyveld |
Supporters of a $500 million deal to sell U.S. grain to Iran are fighting to save their initiative,
CHINA SEEKS OVERSEAS FUNDS FOR AGRICULTURE
P.T. Bangsberg |
China feeds 22 percent of the world's people on less than 10 percent of the world's arableland. Now
US FREIGHTWAYS POSTS RECORD NET INCOME
JOC Staff |
USFreightways Corp., a trucking company that owns a network of regional carriers that consolidate sh
CARGO EXECS FEAR OTHERS' MILLENNIUM WOES
Chris Isidore |
Most air cargo executives are confident that their companys' systems are well-prepared to deal with
GATX, LOCKHEED MARTIN FORM JOINT VENTURE
JOC Staff |
GATX Logistics Inc. and Lockheed Martin Postal Systems have formed Paxis LLC, which will serve parce
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 189.86 off 2.88 w
EARNINGS
From Wire and Staff Reports |
ACE LTD.'S INCOMEPLUMMETS FROM YEAR AGOACE Ltd. reported net income for the fiscal 1998 four
NEW ORLEANS WORKSHOP TO ADDRESS IMPORTS
JOC Staff |
The Food and Drug Administration and the Association of Food and Drug Officials will conduct a one-d
Maritime
MEXICO TO CONTINUE MEDFLY QUARANTINE
JOC Staff |
Mexico's Agriculture Secretariat, Sagar, said it is maintaining a quarantine in the southern states
Maritime
GEORGIA AIDE SAYS IMF TO DECIDE ON TRANCHE
JOC Staff |
The International Monetary Fund mission which arrived in Georgia on Monday for a 10-day visit, is ex
Maritime
HIGH-YIELD SHIPPING BONDS
Lazard Freres & Co.; The Journal of Commerce |
Table Only
Maritime
STEEL BILL OFFERED AS THOUSANDS PROTEST
Anick Jesdanun |
Lawmakers from steel-producing states offered legislation Wednesday to help a struggling steel indus
UAL CARGO SETS NEW SERVICE FOR GLOBAL FLIGHTS
Journal Of Commerce Staff |
United Airlines Cargo said it is offering time-definite service and quicker turn-around of cargo on
HOUSE ETHICS PANEL TO EXPAND SHUSTER INQUIRY
JOC Staff |
The House ethics committee has decided to investigate the House Transportation Committee chairman's
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