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CORRECTION
JOC Staff |
In Friday's edition, in a story and headline that appeared on Page 2B, The Journal of Commerce misst
Maritime
DOLLAR TO RECOVER FROM BRAZIL SHOCK, BUT IMPEACHMENT TRIAL COULD HURT
Currency Forecast - Gordon Platt |
nalysts said the U.S. dollar will recover from last week's losses on the currency crisis in Brazil
'AS BRAZIL GOES, SO GOES THE REGION'
Kevin G. Hall |
Brazil's currency crisis and the mismanaged devaluation are likely to lead to a deepening regional e
EU: HUNGARY MAKES INROADS IN TRANSPORT
Robert Koenig |
With recent advances in multimodal connections, new highways and inland shipping, Hungary appears to
EXEL HAS REVENUE GROWTH IN 1998, POSITIVE OUTLOOK
From Wire and Staff Reports |
EXEL Ltd. reported net operating income for its fiscal year ending Nov. 30 increased to $437.3 milli
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 14, 1999Prev. Life of Contr. OpenOpen High
UN: STEEL OUTPUT FELL 2.5 PERCENT IN 1998
John Zarocostas |
World steel output last year declined by 2.5 percent or 20.3 million tons to 778.2 million tons, acc
Maritime
RMI, STRIKING UNION REACH NO AGREEMENT
Tina Petersen |
U.S. titanium producer RMI Titanium Co. and the striking union in Niles, Ohio, said they reached no
Maritime
BRAZIL SELLS TWO PHONE CONCESSIONS
JOC Staff |
Brazil sold two telephone concessions on Friday to groups including Sprint Corp. and Bell Canada for
Maritime
VIRTUAL VALUES A REAL PROBLEM FOR CUSTOMS IN DETERMINING TARIFFS
Customs Update - JBC International |
photographer comes from Mexico to take wedding portraits in exchange for dental work in the United
TMM TO TRANSPORT AID CARGO TO LATINS
Journal Of Commerce Staff |
Transportacion Maritima Mexicana, Mexico's largest ocean carrier, is providing the lift to get more
Maritime
GREECE'S AIRLINE URGED TO CHANGE OR PERISH
John Zarocostas |
In order to survive, Greece's ailing national carrier Olympic Airways needs to slash costs, forge al
EX-TEXAS COMMISSIONER NAMED STATE SECRETARY
JOC Staff |
Elton Bomer has been named secretary of state by Gov. George W. Bush.Mr. Bomer served as ins
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Jan. 14, 1999 OPEN INTEREST AND SALES - Jan. 13, 1999All life-of-co
FLYING RIGHT
Chris Barnett |
uoyed by bullish growth projections from key customers, the bigger U.S.-based air freight forwarders
CISCO SYSTEMS TO INVEST $6 MILLION IN CHINA
JOC Staff |
Cisco Systems Inc., a global Internet network provider, said it will spend $6 million on a technical
Maritime
US REPORTEDLY TO RAISE DUTIES ON STEEL
Bridge News |
The United States will impose ''substantial'' sanctions in the form of higher import duties on hot-r
Maritime
TOKYO STILL THE WORLD'S MOST EXPENSIVE CITY
JOC Staff |
Tokyo remains the most expensive city in the world for expatriate living, while Zurich leapfrogged o
Maritime
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
CALENDAR
JOC Staff |
The JOC calendar is a detailed listing of upcoming events in transportation and logistics, regulatio
CARGO WATCH: PORTLAND, ORE.
PIERS database. |
Key movements in 20-foot ocean container unitsOct. Nov. Dec. Jan. Feb. March April May June
Maritime
AS REGULATOR CRACKS DOWN, THAI BANKS FACE A LONG, HARD ROAD
Ron Corben |
Thailand's debt-ridden banking sector, looking for fresh funds to recapitalize, could take up to fiv
CSX OPENS MANAGEMENT OFFICE IN THE NORTHEAST
JOC Staff |
CSX Transportation said it has established a commercial service management organization in the North
EX-PRU WORKERS FILE BIAS LAWSUITS
Associated Press |
Ten former employees of Prudential Insurance Company of America have filed separate federal lawsuits
ILLINOIS GOVERNOR PICKS INSURANCE DIRECTOR
JOC Staff |
Nat Shapo has been appointed insurance director. He most recently was research and program developme
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Jan 15, 1999Quotations are based on prices reported in the market or obtained from sup
EVA AIR OPENS WAREHOUSE AT NEWARK INTERNATIONAL
From Wire and Staff Reports |
EVA Air opened a 56,000-square-foot cargo warehouse at Newark International Airport last week.
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
ARCHER FORESEES APPROVAL OF FAST-TRACK BEFORE APRIL
Economist Intelligence Unit, Reuters, Associated Press |
Chairman of the House Ways and Means Committee Rep. Bill Archer said he sees Congress approving ''fa
CUSTOMS: LITTLE IMPROVEMENT IN COMPLIANCE
Bill Mongelluzzo |
Customs has not seen a significant improvement in the compliance with trade laws despite four years
TWO-TIER WAGE SCALE SEEN AS KEY RAIL ISSUE
Rip Watson |
Newly united rail operating employees are expected to press for an end to the industry's current two
TRUCKERS TOLD: SERVICE MORE CRUCIAL THAN RATES
Bill Mongelluzzo |
Having watched their rates beaten down in recent years due to brutal competition in their industry,
CANADA UPHOLDS HORMONE BAN COULD REKINDLE DEBATE WITH US
Associated Press |
Canadian health officials have rejected the genetically engineered dairy hormone BGH, upholding a ba
STUDY SAYS CARGILL WOULD GROW TO CONTROL GULF CAPACITY
Julie Vorman |
Cargill Inc.'s acquisition of the grain business of Continental Grain Co. would give it control over
SPOT PRODUCT PRICES
JOC Staff |
Jan. 14, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GASOLINE PRICES
JOC Staff |
Jan. 15, 1999RESELLER RACK Unleaded Mid- Premium-Unle
CLINTON BUDGET CALLS FOR CIGARETTE TAX INCREASE
JOC Staff |
Looking to pay for an abundance of new programs, President Clinton plans to offer a new 55-cent-a-pa
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 15, 1999Baltic International Freight Futures Market Prev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
778 (Jan. 15, 1999) Previous day - 778The Baltic International Freight Futures Market in Lon
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
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