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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
AXIS GROUP TO LEASE EQUIPMENT IN MEXICO
JOC Staff |
Axis Group Inc., a subsidiary of Allied Holdings Inc., has established a division to lease equipment
ROMANIAN PARLIAMENT TAKES UP MINE STRIKE
Bridge News |
Romania's President Emil Constantinescu called a special Parliament session Wednesday to discuss the
QUOTE TO NOTE
Marlene Jimenez, head of Miami office, Air-Sea Forwarders Inc. |
'In 21 years of doing this, I've never seen a winter like this in my life.'
Maritime
INFLATION DROPS IN CANADA AS GAS PRICES FALL
Reuters |
Falling gasoline and clothing prices pushed Canada's annual inflation rate to an unexpectedly low le
CLINTON SEEKS CONSENSUS ON FREER TRADE
William Roberts |
A key House Republican says President Clinton's call for ''common ground'' on U.S. trade policy is a
SENATE BILL PUTS STB ON FUNDING FAST TRACK
Rip Watson |
Sen. John McCain, R-Ariz., introduced a four-year reauthorization bill for the Surface Transportatio
CHINESE PREPARE FOR BUMPY Y2K TAKEOFF
James Kynge |
China has given its airline bosses the ultimate incentive to solve the ''millennium bomb'' computer
SHIPPERS DECRY CHINA'S MARITIME PLAN
Tim Sansbury |
China's plan to increase government control of container shipping is a ''major step in the wrong dir
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 20, 1999Prevailing sellers' posted prices at the close of business, represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 19, 1999 Brent Crude Oil - (Dollars Per Barrel)
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Jan. 19, 1999 OPEN INTEREST AND SALES - Jan. 15, 1999All life-of-co
TEXAS INSTRUMENTS MAY MAKE MORE ISRAELI BUYS
JOC Staff |
Texas Instruments - following its announced purchase Wednesday of Israeli chip developer Butterfly -
Maritime
INFIGHTING PUTS NEW YORK OFF COURSE
Terry Brennan |
Political infighting appears to be hurting the Port of New York and New Jersey's bid to become the N
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 19, 1999Prev. Life of Contr. Open Open High Low
AIR CARGO VOLUME FALLS 0.1 PERCENT
John Zarocostas |
The economic morass in Asia and the slowdown in Europe further weakened air cargo at the world's air
ROADWAY EXPRESS OFFERS PICKUP FROM DESKTOPS
JOC Staff |
Roadway Express Inc. shippers cannow request a shipmentpickup from their desktop computers.<
BRAZILIAN WOES FAIL TO GROUND AIR CARGO
Chris Isidore |
When Brazil devalued the real last week, Paolo Lossi saw the air cargo his customers were sending to
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