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CHINA SETS $6.6 BILLION FOR RAIL CONSTRUCTION
JOC Staff |
China plans to invest at least 55 billion yuan ($6.6 billion) in railway construction in 1999, the o
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Dec. 17, 1998Quotations are based on prices reported in the market or obtained from su
DEFENDANTS SAY INSURANCE BUREAU UNCONSTITUTIONAL
Ronald Gift Mullins |
Two lawyers, brothers, convicted for workers compensation fraud, are attempting to persuade the Mass
JAPAN'S ECONOMY ENTERING VICIOUS DEFLATIONARY SPIRAL, ECONOMISTS WARN
Gordon Platt |
The Japanese economy has entered a vicious cycle of deflation and currency strength, economists said
AMERICAN EXPRESS PLANS TO EXPAND ACCESS TO JAPAN
Bridge News Service, Reuters, Associated Press, U.S. |
American Express Co. plans to open a brokerage in Japan early next year, taking advantage of rules g
DE LA CALLE NAMED SECOFI UNDERSECRETARY
JOC Staff |
Mexico's commerce ministry Secofi promoted Luis de la Calle Pardo to undersecretary of international
Maritime
CANADA TALKING TRADE WITH PALESTINIANS
JOC Staff |
Negotiations between Canada and the Palestinian Authority on a trade arrangement do not mean that Ca
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 27 - Jan. 7, 1999 (a graph)* Annual
UNITED EXPANDS SERVICE TO WASHINGTON'S DULLES
JOC Staff |
United Airlines, the world's largest airline, said it is expanding its service at Washington Dulles
UNION-TRANSPORT BUYS MILLER & CO. BROKERAGE
JOC Staff |
Union-Transport, a freight forwarder and supply chain management company, has bought G.M. Miller & C
DELTA ENDS RUN BETWEEN SEOUL, PORTLAND, ORE.
JOC Staff |
Delta Air Lines, blaming Asia's economic woes, will suspend service between Portland, Ore., and Seou
HONG KONG FIRMS ARE SLOW TO ADOPT ONLINE TRADING
P.T. Bangsberg |
Hong Kong has moved into the age of electronic trading, but companies are lagging behind government-
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 7, 1999Prevailing sellers' posted prices at the close of business, representin
EMPLOYEE BENEFIT COSTS PREDICTED TO SOAR
Associated Press |
Large-employers' health benefit costs are increasing an average of 7 percent this year, almost twice
INDIA, SRI LANKA FREE-TRADE DETAILED
N. Vasuki Rao |
Indian trade and industry groups are hailing the free-trade pact recently signed with Sri Lanka, but
Maritime
SAUDI BANKS HAVE URGE FOR MEGA-MERGER
JOC Staff |
Saudi American Bank and United Saudi Bank are holding merger talks to create the Middle East's secon
Maritime
INTERMET BUYS EAST GERMAN FOUNDRY VEGU
JOC Staff |
Intermet Corp. said it bought 100 percent of the shares of Vorpommersche Eisenwerke GmbH Ueckermunde
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 7, 1999Baltic international Freight Futures Market Prev.Close High
Maritime
WEAK SPOTS APPEAR IN EMBARGO REGIME
Michael S. Lelyveld |
While Iraq continues to suffer losses in its conflict with the United States, evidence is mounting t
Maritime
TURKISH OFFICIAL GIVEN GOVERNMENT MANDATE
JOC Staff |
Turkey's caretaker Deputy Prime Minister Bulent Ecevit said Thursday that President Suleyman Demirel
Maritime
EURO ZONE NOVEMBER JOBLESS RATE UNCHANGED
JOC Staff |
Unemployment in the euro zone remained unchanged for the month of Novemberat 10.8 percent, according
Maritime
BRITAIN CUTS BASE RATE TO 6.00 PERCENT FROM 6.25 PERCENT
JOC Staff |
The Bank of England Thursday cut its base rate 25 basis points to 6.00 percent, marking the fourth m
Maritime
BRAZIL'S FORMER PRESIDENT PROVOKES FIGHT ON DEBTS
Thierry Ogier |
A row between the former and current presidents of Brazil may be putting the country's fragile econo
FEUD BETWEEN GERMAN, ITALIAN RAIL LINES IS LATEST IN SERIES OF INDUSTRY SQUABBLES
Bruce Barnard |
Europe's rail freight industry has been rocked by internal squabbles that are sapping efforts to win
MEXICAN TRUCKERS SAY 5 PERCENT INCREASE FOR DIESEL WILL LEAD TO LOWER WAGES
Daniel J. Mccosh |
Mexican truckers, arguing that they already pay twice as much at the pumps as their U.S. counterpart
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended1-1
TANZANIAN IMPORTERS URGE GRAIN DUTY WAIVER
JOC Staff |
Tanzania grain importers have urged the government to extend a waiver of import duty on maize to oth
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 6, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
FORMER EMPLOYEES SUE INSURER OVER MOVE
From Wire Reports |
A group of former Metropolitan Life Insurance Co. employees - many of whom were laid off shortly aft
MUTUAL FUNDS BEGIN TO SEEK COVER(AGE)
Ron Lent |
Zurich-American and American International Group and ICI Mutual Insurance Co./ICIM Re are among a sm
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ST. PAUL COMPANIESJames E. Gustafson was elected president and chief operating officer of th
CUBA HASTENS SHIFT FROM DOLLARS TO EURO
JOC Staff |
Cuba will replace the U.S. dollar and various European currencies with the euro ''as quickly as poss
Maritime
US DELAYS PLANNED START OF AIR NAVIGATION SYSTEM
JOC Staff |
The government on Tuesday delayed its planned start of a $1 billion satellite-based airplane navigat
JACQUEZ INSTALLED AS SEAWAY AGENCY HEAD
Journal Of Commerce Staff |
President Clinton, using his authority to appoint officials while Congress is recessed, has installe
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - January 5, 1998 OPEN INTEREST AND SALES - January 4, 1998All life-of-co
FREIGHT RATE FUTURES
JOC Staff |
Jan. 6, 1999Baltic international Freight Futures Market Prev.Close High Low
Maritime
BRAZIL'S COST-CUTTING, TRADE POLICIES GET MIXED REVIEWS
Thierry Ogier |
The Brazilian federal government is struggling to advance its cost-cutting efforts in the initial da
Maritime
IDLING ON THE INFORMATION HIGHWAY, MOST CARRIERS TAKE A PASS ON THE INTERNET
SLOT WATCH - Paul Richardson |
One of the amazing things about the Internet is that although it has been around for some years now,
Maritime
CLINTON, CONGRESS AGREE ON DEFENSE HIKE
Tom Raum |
One of the surest bets is that the Congress that convenes this week will vote later this year for a
LAKE CARRIERS LAY UP SHIPS EARLY, BLAMING STEEL IMPORTS
Courtney Tower |
Illustrating with hard figures how last fall's surge in steel imports has hurt American business, Gr
Maritime
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