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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 6 - Jan. 12, 1999 (a graph)* Annua
AGRICULTURAL TRADE LEADS
Trade leads are supplied by: |
How to use:Trade leads are sent to the USDA from U.S. agricultural attaches, counselors and
FAA IMPOSES CARGO WEIGHT LIMITS ON CONVERTED 727S
Chris Isidore |
The Federal Aviation Administration has slapped new cargo weight limits on converted Boeing 727 frei
GLOBAL YARN, FABRIC PRODUCTION DROPS, ORDERS FROM EUROPEAN, US FIRMS DECLINE
John Zarocostas |
Hit by the economic slowdowm triggered by the Asian crisis, global yarn production fell by 4.7 perce
Maritime
SOUTH KOREAN STEEL GIANT MOVES TO TRIM EXPORTS
P.T. Bangsberg |
One of South Korea's export powerhouses is scaling back shipments to ward off complaints by overseas
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 12, 1999Included are list prices of suppliers. Quotations do not necessarily represent
NINGBO CREDITS SERVICE, PROMOTION FOR RISE IN VOLUME
P.T. Bangsberg |
China's Port of Ningbo handled the equivalent of 350,000 20-foot containers in 1998, up 37 percent o
Maritime
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Jan. 11, 1999 OPEN INTEREST AND SALES - Jan. 8, 1999All life-of-con
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
STEEL UNION PRESIDENT TAKES CASE AGAINST CHEAP IMPORTS TO CONGRESS
Anick Jesdanun |
Disappointed at President Clinton's refusal to take stronger action to block cheap steel imports, th
Maritime
MSC SLASHES CONSOLIDATED CARGO RATES
Terry Brennan |
The two-tier rate structure that has defined the trans-Atlantic ocean tradessince 1993 is dead, acco
SOUTH KOREAN YARDS REACH RECORD OUTPUT
P.T. Bangsberg |
They fell short of their target, but South Korea's shipbuilders nevertheless set a record for comple
Maritime
CUSTOMS MOBILIZES FOR SYSTEM BREAKDOWN
Bill Mongelluzzo |
U.S. Customs has such little faith in the ability of its automated system to clear imports that it i
HIGH ON-THE-JOB STRESS REPORTED
Ron Lent |
A national public health agency has released a report identifying work-related stress as ''a threat
EXPLOSION ON EMPTY TANKER KILLS TWO
Reuters |
An empty oil tanker exploded southwest of Puerto Rico, leaving two people dead, two injured and thre
AIRBUS HAD BANNER YEAR IN 1998 BUT FORESEES SLOWDOWN
Associated Press |
European aircraft consortium Airbus Industrie reported a sharp rise in aircraft orders and total sal
INDIA SEEKING INVESTMENT IN OIL SECTOR
N. Vasuki Rao |
India, faced with stagnant domestic oil production and rising demand, is seeking joint ventures with
RUSSIA'S 1998 CRIME RATE ROSE BY 7.7 PERCENT
JOC Staff |
Russia's crime rate last year was 7.7 percent higher than the previous year, Prosecutor General Yury
Maritime
ASIAN COMPANIES REMAIN RELUCTANT TO PLUNGE INTO SYSTEMS AUTOMATION
P.T. Bangsberg |
Enterprise resource planning may be the latest rage in some places, but in much of Asia, ERP sou
CHINA RADICALLY CHANGES MEDICAL INSURANCE
P.T. Bangsberg |
In one of the boldest and potentially most disruptive reforms to date, China is introducing a medica
BALTIC FREIGHT INDEX
JOC Staff |
786 (Jan. 12, 1999) Previous day - 787The Baltic International Freight Futures Market in Lon
Maritime
ACE PACT TO BUY CIGNA P/C BUSINESS CONFIRMED
JOC Staff |
ACE Ltd. of Bermuda has agreed to acquire the domestic and international property/casualty insurance
BRAZIL GOVERNORS MEET TO DEFUSE STATE DEBT CRISIS
Thierry Ogier |
Governors loyal to President Fernando Henrique Cardoso meet today in an attempt to defuse a growing
Maritime
BANK OF JAPAN INTERVENES TO STEM RISE OF YEN
Gordon Platt |
The U.S. dollar rallied back from a 28-month low against the Japanese yen Tuesday on intervention by
AEI SUFFERED DROP IN AIR FREIGHT REVENUE
JOC Staff |
Freight forwarder Air Express International, saying it suffered from a decline in air freight revenu
PHILIPPINE AIRLINES TO MEET WITH CREDITORS
Associated Press |
Financially-troubled Philippine Airlines will try to convince major foreign creditors to approve a p
ASIANA CARGO CIRCLES GLOBE
P.T. Bangsberg |
Asiana Airlines, the No. 2 international carrier of South Korea, is now operating the country's firs
BRITISH GROUP WINS BID FOR ABIDJAN PROJECT
Reuters |
A consortium led by Britain's Transport and Communications International Corp. has won a tender to e
IRAQ'S NEIGHBORS: END OF EMBARGO IS NOT A PROBLEM
Michael S. Lelyveld |
As pressure grows for easing sanctions against Iraq, hard-pressed oil producers and Arab neighbors m
STARBUCKS IS STIRRING UP THE (COFFEE) POT IN CHINA
Elaine Kurtenbach |
With a whirling lion dance and whirring espresso machines, Starbucks is introducing cappuccinos and
Maritime
INSURERS TRANSFERRED $124 BILLION IN RISK IN '97
John Zarocostas |
Direct insurers in 1997 ceded business to reinsurers totaling $124 billion globally, with nonlife bu
INSURERS, HMOS FINED UNDER STATE LAW
JOC Staff |
Twelve health insurers and health maintenance organizations have been fined $72,200 for violations o
IN A FIRST, SAFECO P/C JOINS LOBBYING GROUP
JOC Staff |
Safeco Property and Casualty Insurance Cos. has joined the National Association of Independent Insur
QUOTE TO NOTE
John Peterson: Partner at Neville,Peterson & Williams, New |
'They wanted to know where the buttons were formed and where the thread came from.'
Maritime
US RENEWS THREAT TO SEEK APPROVAL FOR SANCTIONS OVER EU BANANA DISPUTE
John Zarocostas |
The United States on Tuesday renewed its threat to ask the World Trade Organization to authorize pun
Maritime
GERMAN TIRE MAKER PLANS ROMANIAN FACTORY
JOC Staff |
German tire maker Continental plans to invest about 100 million Deutsche marks ($59 million) in a pr
Maritime
SHIP SALE REPORT
Shipping Intelligence Inc. |
RECENT VESSEL SALESSALEDATE VESSEL YEAR PRICE
Maritime
CARGO WATCH: AMERICAN PRESIDENT LINES (WITH NOL)
PIERS database. |
Key movements in 20-foot ocean container unitsOct. Nov. Dec. Jan. Feb. March April May June
Maritime
RAIL COMPETITION ARGUMENT LACKS HARD SUPPORTING DATA
Rip Watson |
There is no workable model that can predict the true effects of boosting rail competition, said four
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