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NERVOUS DRIVER TIPS CUSTOMS TO DRUG CACHE
JOC Staff |
A truck driver's nervousness led U.S. Customs Service inspectors to seize nearly 1,400 pounds of mar
SOUTHERN PORTS STEELED FOR DROP AFTER BOOM YEAR
Janet Plume |
Imported steel coils, pipe, plates, tubes and beams have been piled in warehouses and on the docks a
THAI POWER PROTESTS LEAVE 3 DEAD
Ron Corben |
Violent protests, leaving dozens injured and three people killed, erupted in southern Thailand last
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
EU KEEPS EASTERN EUROPE IN THE DARK ON MEMBERSHIP
Bruce Barnard |
Eastern Europe didn't get a straight answer to the Big Question - when?Over the weekend, the
Maritime
NORASIA SAYS SHIPS TOUGH ENCOUGH FOR ICY NORTH ATLANTIC
Courtney Tower |
Norasia Lines, deploying untested new vessels in the North Atlantic, is confident that the ships wil
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 11, 1998Baltic international Freight Futures Market PREV.CLOSE HIGH
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 6 - Dec. 11, 1998 (a graph)* Annual
EXXON MOBIL TO LEAD IN WORLD JET FUEL SALES
Tom Doggett |
The new Exxon Mobil Corp. would be the largest single supplier of jet fuel to the world's airlines i
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Dec 11, 1998Quotations are based on prices reported in the market or obtained from sup
POLICE, OTHERS CHARGED IN PHONY CLAIM SCHEME
JOC Staff |
Two former police officers and 19 others have been charged for taking part in bilking 10 insurance c
EXPORT OPPORTUNITIES
The trade leads are generated from around the world on a daily |
The leads are classified and listed by their Harmonized System (HS) codes. U.S. firms should note th
GERMANY'S JOBLESS RATE ROSE IN NOVEMBER
Economist Intelligence Unit, Bridge News Service, Associated |
GERMANY: Unemployment rose in November by 4,000 from the previous month to a seasonally adjusted 4.1
MINOR RATE INCREASES PROPOSED IN PACIFIC
Bill Mongelluzzo |
Shipping lines that carry U.S. exports to Asia are congratulating themselves on pushing through a $1
DAILY PETROLEUM PRICES
JOC Staff |
Friday Dec. 11, 1998Prevailing sellers' posted prices at the close of business, representing
QUOTE TO NOTE
Howard Bonham, Head of energy research company in Houston |
'Exxon and Mobil are both competitors, they both have a lot of pride and they would like to see thei
Maritime
TRANSFER PRICING BETWEEN AFFILIATES CLOSELY WATCHED BY TAX AUTHORITIES
Milton Zall |
Editors Note: We asked Milton Zall, an experienced journalist specializing in taxation, to look at t
COURT CRACKS DOWN ON CIRCUITOUS LIABILITY SUITS
Jack Lucentini |
A federal appeals court has clamped down on a practice in which companies suing a ship line over dam
Maritime
TRICK OR TREAT? A GROWING DISPUTE
Paula L. Green |
An adverse ruling from the U.S. Customs' Service is not deterring a New York City costume maker from
CALENDAR
JOC Staff |
he JOC calendar is a detailed listing of events in transportation and logistics,regulations,
GLOBAL FREIGHT TO GROW, IATA SAYS
JOC Staff |
Global freight traffic is forecast to average 5.3 percent growth a year between 1998-2002, the Inter
BAY SHIPS TERMINATES ENGINEER IN BRIBE CASE
JOC Staff |
Robert Collins Jr., a Newport News, Va., port engineer who last week pleaded guilty to soliciting an
MERGERS OFTEN WREAK HAVOC ON 401(K) PLANS
John Leming |
ften overlooked during a company's merger or acquisition are employees' 401(k) investments.L
CARRIERS HANDICAP PORTS ON SHORT-LIST
Terry Brennan |
The bottom line is simple: The decision by Maersk Line and Sea-Land Service Inc. on where to locate
PACER MERGES WITH MEMPHIS CONSOLIDATOR
JOC Staff |
Pacer International Inc., a multimodal transportation and logistics services company, said it has ex
POWER LOSS CLAIMS ARE BEING PREPARED IN SAN FRANCISCO
Ron Lent |
Giant utility company Pacific Gas & Electric Co. may be facing $10 million in claims stemming from l
JAMAICA SEES CUBA IN PLANNED FREE-TRADE AREA
Journal Of Commerce Staff |
If Cuba is to become a full member of the Caribbean Community, it will have to embrace a social char
Maritime
ANAM TO SELL PLANT TO US FIRM FOR $600 MILLION
JOC Staff |
South Korea's Anam Semiconductor Co.'s board approved a deal to sell one of its plants to Amkor Tech
Maritime
CORRECTION
JOC Staff |
The story ''Bankers fear potential for bankruptcies,'' which appeared Dec. 2 on Page 3B, incorrectly
Maritime
EUROPEAN CURRENCIES RISE AS INVESTORS CLIMB ABOARD EURO TRAIN, ANALYSTS SAY
Currency Forecast - Gordon Platt |
Historically, the U.S. dollar has been the investment currency of choice. But lately Europe has beco
CHINESE TO RESTRUCTURE SHIPYARD DEPARTMENT
P.T. Bangsberg |
China's shipbuilding sector, facing tough competition, sloshing red ink and a government determinati
Maritime
ECK MILLER PURCHASES CWP TRANSPORTATION
JOC Staff |
Flatbed carrier Eck Miller Transportation has purchased CWP Transportation, a flatbed and truck brok
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 11, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 19
SPOT COMMODITIES
JOC Staff |
Dec. 11, 1998Included are list prices of suppliers. Quotations do not necessarily represent
POE & BROWN MAKES MULTIPLE ACQUISITIONS
JOC Staff |
Poe & Brown Inc. has acquired Insurance Center Inc., Albuquerque, N.M., and Maulden & McLendon Agenc
CHINA'S EXPORTS FALLING, THREATEN ECONOMY
JOC Staff |
China's exports fell in November by 9.7 percent from a year earlier, following an alarmingly sharp d
Maritime
BALTIC FREIGHT INDEX (GRAPH)
Journal of Commerce |
December 11: 856
Maritime
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
EIU: EAST EUROPE TOPS LIST OF VULNERABLE ECONOMIES
Aviva Freudmann |
Eastern Europe and the former Soviet Union led the list of regions with heightened economic and poli
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
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