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TRAFFIC SURGE BLOCKS TOWS ON ILLINOIS RIVER
JOC Staff |
A surge in barge traffic has resulted in protracted delays for tows transiting some locks on the Ill
UP PROGRAM SAVES $8 MILLION OVER TWO YEARS
JOC Staff |
A Union Pacific Railroad employee involvement program called ''IdeaWorks'' saved the company more th
FALLING PAKISTAN POWER OUTPUT SPARKS VIOLENCE
JOC Staff |
Pakistan's electricity production has slumped to less then half of capacity, plaguing the country wi
AFLAC SELECTED FORTUNE'S 1999 BEST INSURER
From wire reports |
American Family Life Assurance Co. was named the top insurance company and ranked 13th overall on Fo
NATURAL DISASTERS CAUSED $90 BILLION IN DAMAGE
Reuters |
Worldwide natural disasters caused 50,000 deaths and economic losses of more than $90 billion in 199
CRUDE OIL INVENTORIES DECLINED BY 2 MILLION BARRELS FOR LATEST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories declined by more than 2 million barrels in the week ended Dec. 25, as com
CHILE MINISTER: COPPER SMELTER TO STAY OPEN
JOC Staff |
Despite serious copper concentrate supply problems from closures among Chile's medium- and small-siz
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended12-25
CONOCO TO CUT COSTS AS INDUSTRY REELS FROM 12-YEAR LOW FOR PRICES
Simon Hirschfeld |
Conoco Inc. said it would move to cut costs and reduce capital spending, following suit in an indust
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 190.94 up 1.26 wh
FREIGHT RATE FUTURES
JOC Staff |
Dec. 30, 1998Baltic international Freight Futures Market PREV.CLOSE HIGH
Maritime
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, Feb. 20 - Dec. 30, 1998 (a graph)* Annua
WAVE OF LOOTING THREATENS INDONESIA FOOD DISTRIBUTION
Lewa Pardomuan |
Indonesia is facing a mounting wave of looting and stealing of basic commodities on the main island
Maritime
KITTY HAWK CUTS STAFF, AIRFLEET AT AIA UNIT
Chris Isidore |
Kitty Hawk Inc., the Dallas air cargo carrier that purchased American International Airways Inc., a
WORLDPOINT NAMES CHIEF FINANCIAL OFFICER
JOC Staff |
Robert Kiehnle has joined WorldPoint Logistics Inc. as chief financial officer.Founded in Oc
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Dec 30, 1998Quotations are based on prices reported in the market or obtained from sup
US EX-IM BANK BACKS LOAN TO EVA AIRWAYS
JOC Staff |
The U.S. Export-Import Bank has provided guarantees for an $80 million loan to Taiwan's second-large
Maritime
CHURCH GROUP DEAF TO SANCTION WARNINGS
William Roberts |
A Chicago-based civil disobedience group said Wednesday it will not comply with the Treasury Departm
Maritime
TRANSPORTATION STOCKS BATTERED BY ASIAN TROUBLES, OVERCAPACITY
Chris Isidore |
Many freight transportation stocks avoided the roller coaster ride that the broader markets took thi
JAPAN HAS NO YEN FOR THIRD PLACE AFTER EURO, DOLLAR
Kanta Watanabe |
After the euro's birth, Japan is likely to face an uphill battle in preventing the yen from being mi
CARGO WATCH: SEA-LAND
PIERS database. |
Key movements in 20-foot ocean container unitsSep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May J
Maritime
CHINA CLAIMS 7.8 PERCENT GROWTH SPURT IN 1998 DESPITE REGION'S ECONOMIC TURMOIL
Andrew Browne |
Pumped up by extensive government spending on highways, telecommunications and waterworks, China's e
BOEING EXCEEDS ITS 1998 SHIPMENT GOAL
Bridge News |
Boeing Co. has exceeded its goal of delivering 550 commercial airplanes by the end of 1998, a year i
STB TO CALCULATE RAIL'S COST OF CAPITAL
JOC Staff |
The Surface Transportation Board began a proceeding to calculate the railroad industry's cost of cap
PORTFOLIO SOLUTIONS UNIT FORMED BY RELIANCE
JOC Staff |
A specialty company within Reliance Insurance Group - Reliance Portfolio Solutions Ltd. - has been e
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - December 29, 1998 OPEN INTEREST AND SALES - December 28, 1998All life-of
BRITISH BUSINESS FAILURES INCREASED 6.2 PERCENT IN 1998
JOC Staff |
Business failures in Britain rose 6.2 percent in 1998, the first annual rise since the height of the
Maritime
MARAD RELEASES STUDIES ON PORTS, CANADA TRADE
Journal Of Commerce Staff |
The Maritime Administration announced the availability of two reports this week, one on U.S. public
Maritime
ARNOLD INDUSTRIES TO BUY BACK 1 MILLION SHARES
JOC Staff |
Arnold Industries, Inc. said its board of directors authorized repurchase of 1 million shares of the
KAISER SETTLES VIAGRA DISPUTE, CONTINUES COVER
Associated Press |
The Kaiser Foundation Health Plan has agreed to continue paying the cost of the anti-impotence drug
SPOT PRODUCT PRICES
JOC Staff |
Dec. 29, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 29, 1998 Brent Crude Oil - (Dollars Per Barrel)
US STEEL WIRE ROD INDUSTRY SEEKS IMPORT PROTECTION
Jack Lucentini |
American steel wire rod producers and workers filed a petition Wednesday asking the government to gi
Maritime
MOSCOW: MISSED DEBT PAYMENT ISN'T A DEFAULT
JOC Staff |
A senior official with Vneshekonombank, a paying agent for the Russian government, admitted Wednesda
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
SHIPYARD GROUP MERGES WITH SHIPBUILDERS COUNCIL
JOC Staff |
The Shipbuilders Council of America and the National Shipyard Association have merged in a bid to me
TRUCK GROUPS GET MORE TIME FOR PETITIONS
Journal Of Commerce Staff |
The Surface Transportation Board gave trucking groups an extension of the deadline for filing petiti
COURT RULES ACCOUNTANT CAN BE SUED FOR BAD AUDIT
Ron Lent |
Professional liability insurance costs could rise as a result of a California appeals court ruling a
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