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Platts Containers Update
ROLL-ON VESSELS TO DEBUT ON MEXICO'S GULF COAST
Kevin G. Hall |
Long a container market, Mexico's Gulf Coast is seeing a flurry of activity from carriers providing
Maritime
ASSUREX INTERNATIONAL EXPANDS GLOBAL REACH
JOC Staff |
Assurex International has expanded its international capabilities with the formation of the Assurex
SPOT COMMODITIES
JOC Staff |
Jan. 15, 1999Included are list prices of suppliers. Quotations do not necessarily represent
BRAZIL CAN'T SOLVE ITS WOES BY EXPORTING, EXPERTS SAY
Journal Of Commerce Staff |
While Brazil's ongoing currency crisis is similar to Mexico's peso plunge of 1994-1995, Brazil will
Maritime
QUOTE TO NOTE
Christopher Ward, Chief of planning and external affairs, Port |
'If we don't dredge to 45 feet, we would lose an estimated 60 percent of our (container) cargo. But
RUSSIAN HUNGER FOR MEAT DEVOURS DOMESTIC SUPPLY
John Helmer |
Russian demand for imported meat has risen sharply this month, boosting regular trade ahead of the a
Maritime
FRANCE, JAPAN CALL FOR EXCHANGE PLAN
Bridge News |
French Finance Minister Dominique Strauss-Kahn and his Japanese counterpart Kiichi Miyazawa on Frida
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 13 - Jan. 15, 1999 (a graph)* Annua
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
MARYLAND PORT GROUP TAPS WHITE FOR DIRECTOR
Rip Watson |
Maryland Gov. Parris N. Glendening on Thursday appointed James J. White as executive director of the
Maritime
TRADE TO CHALLENGE CLINTON NEXT YEAR
William Roberts |
In trade politics during 1999, President Clinton faces an acid test of his leadership skills beginni
POE & BROWN BUYS DAYTONA HRH AGENCY
JOC Staff |
Poe & Brown has bought the Daytona Beach office of Hilb, Rogal & Hamilton Co.The transaction
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 15, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 14, 1999 Brent Crude Oil - (Dollars Per Barrel)
TWO COCA-COLA BOTTLERS MERGING IN JAPAN
JOC Staff |
Two Coca-Cola bottlers in Japan are merging to form what would be Japan's largest Coke bottler. Coca
Maritime
SMALL BUSINESSES SEEK CHANGE IN AID PROGRAM
P.T. Bangsberg |
With half-hearted response to a government-backed program to aid small business, Hong Kong's commerc
Maritime
THINK TANKS PREDICTS CHINA'S GDP IN 1999
JOC Staff |
China's gross domestic product is expected to grow by between 7.5 percent and 8.0percent in 1999, th
Maritime
YOU'LL YANK THEIR CHAINS BY CALLING THEM FORWARDERS
Ian Putzger |
If you call your cargo agent a freight forwarder, you will probably see a pained expressionon his fa
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 14, 1999Prevailing sellers' posted prices at the close of business, representi
U.S. TRUCKING GETS MORE GE CAPITAL CREDIT
JOC Staff |
Truckload carrier U.S. Trucking Inc. said General Electric Capital Corp. has increased the company's
SINGAPORE AIR TO DROP A BERLIN SERVICE
JOC Staff |
Continued economic problems in Asia prompted national carrier Singapore Airlines to announce Thursda
FAA QUERIES MASSPORT ON FUNDING OF BIG DIG
JOC Staff |
The Federal Aviation Administration has questioned the Massachusetts Port Authority on its use of $3
AIRBUS' SUCCESS SEEN FUELING US DISPUTE OVER EU SUBSIDIES
Victorya Hong |
Recent reports of record orders in 1998 for Airbus Industrie are likely to heighten an ongoing EU-U.
PENSKE TO BUY GMI RENTAL & LEASE
JOC Staff |
Penske Truck Leasing is buying GMI Rental & Lease Inc., a utility truck rental company in Waukesha,
EARNINGS RISE SEEN BY SWIFT TRANSPORTATION
JOC Staff |
Swift Transportation Co. saw its fourth-quarter earnings rise to $16.4 million, or 38 cents a share,
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 14, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
GASOLINE PRICES
JOC Staff |
Jan. 14, 1999RESELLER RACK Unleaded Mid- Premium-Unle
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
RUSSIAN DUTIES ON METAL, TIMBER AIMED AT WINDFALL
John Helmer |
The introduction early this month of 10 percent export duties on a range of Russian nonferrous metal
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ROYAL & SUNALLIANCEErnest C. Frohboese has been named chief investment officer of the Britis
FREIGHT RATE FUTURES
JOC Staff |
Jan. 14, 1999Baltic International Freight Futures Market Prev.Close High Low
Maritime
SALAMI MAKER WINS EXPANSION APPROVAL
JOC Staff |
The purchase by Hungary's salami maker Pick Szeged Rt. of paprika producer Szegedi Paprika Rt. has b
Maritime
BETHLEHEM STEEL UNVEILS INTERMODAL TERMINAL FOR NS
Journal Of Commerce Staff |
Bethlehem Steel Corp. has created an intermodal terminal designed to be an operating hub for rail-tr
BNSF CEMENTS INTERNATIONAL ROUTE WITH TEX-MEX AGREEMENT
Rip Watson |
Texas-Mexican Railway Co. and Burlington Northern & Santa Fe Railway Co. have signed a five-year int
OLD DOMINION BUYS SOME SKYLINE ASSETS
JOC Staff |
Old Dominion Freight Line Inc. acquired selected assets of Skyline Transportation Inc.'s consolidate
CANADIAN NATIONAL SELLS LINE TO QUEBEC RAILWAY
JOC Staff |
Canadian National Railway is selling a 118-mile line to short-line rail operator Quebec Railway Corp
MAINTENANCE STRIKE DELAYS 11 ORLY FLIGHTS
JOC Staff |
At least 11 flights were delayed Thursday at Paris' Orly Airport in a strike by maintenance staff at
SPOT COMMODITIES
JOC Staff |
Jan. 14, 1999Included are list prices of suppliers. Quotations do not necessarily represent
BELGIAN INSURERS WON'T COVER Y2K PROBLEMS
Adrian Leonard |
The Belgian Association of Marine Insurers, in a letter sent to its customers, has clarified its pos
SWISS RE EXECUTIVE FEARS Y2K SHUTDOWN ON JAN. 1
JOC Staff |
Civil disorder could erupt when the year 2000 begins and electricity grids supplying power to most U
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