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FROM EASY CHAIR, THE HEAD OF CP SHIPS PONDERS ANOTHER YEAR OF MERGERS
Slot Watch - Paul Richardson |
here is something about the Reform Club on London's posh Pall Mall that sets it aside from the rest
Maritime
GE CAPITAL UNIT HAS BRIGHT IDEAS FOR INVESTMENT
Gordon Platt |
General Electric Co., Fairfield, Conn., makes light bulbs. It also is a global financial services co
REPORT TO STB FINDS UP SERVICE NORMAL
Rip Watson |
In what may be the last of its periodic service reports, Union Pacific Railroad said it has delivere
FEDEX PILOT UNION LEADERSHIP, AFTER TURBULENCE, SUPPORTS FIVE-YEAR PACT
Chris Isidore |
The leadership of the FedEx Pilots Association has backed the tentative five-year pact reached with
AIR FRANCE PILOTS AGREE TO ACCEPT CUT IN PAY
JOC Staff |
Air France pilots have voted to accept a pay cut in exchange for company shares, enabling the govern
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 22, 1998 Brent Crude Oil - (Dollars Per Barrel)
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Dec 23, 1998Quotations are based on prices reported in the market or obtained from sup
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CIGNA CORP.Louis Iacovelli has been appointed senior vice president - select markets for spe
EMPLOYERS BATTLE EMPLOYEES' SUITS TRAINING, MANUALS GAIN AS CASES MOUNT
John Leming |
A national survey of human resources executives finds U.S. employers have become increasingly aggres
US PLANS FOR CHINA'S WTO ENTRY DESPITE ITS LACK OF PROGRESS
Jack Lucentini |
U.S. trade officials are planning for a day when China will join the World Trade Organization, even
Maritime
NEW HOLLAND BUYS ARGENTINE DISTRIBUTOR
JOC Staff |
Agricultural and construction equipment manufacturer New Holland has acquired its Argentine agricult
Maritime
CHINA GRAIN OUTPUT TO HOLD AT '98 LEVEL
Bridge News |
China's grain output in 1999 is expected to remain at the same level as 1998, which was in excess of
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 13 - Dec. 23, 1998 (a graph)* Annua
DELTA ORDERS 49 JETS FROM BELEAGUERED BOEING
JOC Staff |
In a welcome bit of news capping a year of turmoil, Boeing Co. said on Tuesday that Delta Air Lines
NEW AMTRAK PRESIDENT GETS PRIORITIES ON TRACK
Laurence Arnold |
Promoted after overseeing a year of improved performance, Amtrak's new president says the financiall
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - December 22, 1998 OPEN INTEREST AND SALES - December 21, 1998All life-o
SWISS RE TO BUY BANKER FOX-PITT, KELTON
JOC Staff |
Swiss Reinsurance Co. will acquire 100 percent of Fox-Pitt, Kelton Group, a privately-held investmen
BALTIC FREIGHT INDEX
JOC Staff |
801 (Dec. 23, 1998) Previous day - 806The Baltic International Freight Futures Market in Lon
Maritime
CONCERN OVER CONSOLIDATION SPURS WALKOUT AT 4 TERMINALS
Terry Brennan |
Fear over a lack of job security at Universal Terminals triggered a spontaneous walkout by union wor
Maritime
SINGAPORE TERMINAL BOOMS, EXPANDS
P.T. Bangsberg |
In its first year of operation, the new Pasir Panjang container terminal in Singapore handled the eq
Maritime
INDIAN FIRMS SEEN PROFITING FROM EURO CONVERSION
Associated Press |
Flush with success from lucrative Year 2000 projects for American companies, Indian software firms a
JOC INDEX SINKS TO AN 11-YEAR LOW, A SIGN THE FED MAY HAVE TO CUT RATES
Gordon Platt |
he Journal of Commerce industrial materials price index, a leading indicator of inflationary trends,
RAIL SECTOR PROUD OF ITS JOB TRANSPORTING GRAIN HARVEST
Rip Watson |
The railroad industry did a solid job moving this year's grain harvest as predictions of widespread
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended12-18
SPOT PRODUCT PRICES
JOC Staff |
Dec. 22, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FREIGHT RATE FUTURES
JOC Staff |
Dec. 23, 1998Baltic international Freight Futures Market Prev.Close High
Maritime
HIGH-YIELD SHIPPING BONDS
Lazard Freres & Co.; The Journal of Commerce |
Table Only
Maritime
CLYBURN JOINS STB, LEAVING ONE MORE TO GO
Rip Watson |
President Clinton appointed William Clyburn Jr. as a member of the Surface Transportation Board, giv
CP SHIPS-TMM VENTURE DELAYED SLIGHTLY
JOC Staff |
The joint-venture agreement between CP Ships and Transportacion Maritima Mexicana, announced in July
BLACKMAIL INVESTIGATED IN GERMAN RAIL ACCIDENTS
JOC Staff |
German police are investigating whether three train accidents, including a derailment, were linked t
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 22, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 19.80
DETAILS OF FMC PROPOSAL PUBLICIZED
Tim Sansbury |
Full details of the Federal Maritime Commission's proposed regulations on freight consolidators' lic
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KYRGYZSTAN IS FIRST FORMER SOVIET REPUBLIC TO JOIN WTO
Reuters |
The central Asian state of Kyrgyzstan has become the first former Soviet republic to be admitted to
AMA: AETNA PLAN FOR PRU HEALTH UNIT IS BAD MEDICINE
Lindsey Tanner |
The American Medical Association is fighting Aetna Inc.'s $1 billion purchase of Prudential Insuranc
PENNSYLVANIA GOVERNOR SIGNS DEREGULATION BILL
John Leming |
Pennsylvania Gov. Tom Ridge signed H.B. 366 on Monday, a bill that partially deregulates the state's
EARTHQUAKE INSURER VOTES TO DROP RATES
Ron Lent |
The California Earthquake Authority approved a new round of policy rate cuts and added ''wraparound'
CUBA: US EMBARGO COST AT LEAST $800 MILLION
JOC Staff |
The U.S. embargo cost the Cuban economy a minimum of $800 million in 1998, Vice President Carlos Lag
Maritime
IN THE MIDST OF CHRISTMAS CHEER, THE CONTAINER MARKET BEHAVES LIKE SCROOGE
Containership Market Report - Peter Shaerf |
ah Humbug! And we thought it was supposed to be a joyous time. Here you are reading this report with
Maritime
UPS EXPECTED TUESDAY TO BE BUSIEST DAY OF '98
JOC Staff |
United Parcel Service expected to deliver more than 17 million packages Tuesday, making it its busie
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