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BRAZIL SAYS GDP TO GROW MORE THAN BUDGET IMPLIES
JOC Staff |
Brazil's Finance Minister Pedro Malan said Friday that Brazil's gross domestic product growth rate i
Maritime
HALIFAX OPERATOR ORDERS TWO MEGA-CRANES
Courtney Tower |
Halterm Ltd., the terminal operator at the Port of Halifax, is acquiring two post-Panamax cranes to
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SUPREME COURT CASE COULD ENHANCE CUSTOMS' CLOUT
Jack Lucentini |
An federal appeals court decision this month might have seemed trivial to some: The court ruled that
TEAMSTERS' MCCARTHY DIES AFTER LONG CAREER
Journal of Commerce Staff |
William J. McCarthy, former president of the Teamsters union, died Thursday at an Arlington, Mass.,
EU PLAN AIMS AT WORK-HOUR RULES FOR TRANSPORT INDUSTRY
Reuters |
The European Commission has adopted a series of proposals that will extend European Union work-hour
KVAERNER ROCKET VENTURE SET FOR BLASTOFF NEXT FALL
Journal Of Commerce Staff |
While Kvaerner ASA works at rebuilding the Philadelphia Naval Yard, its other big American project i
CHINA SENTENCES ONE HIJACKER, TRIES ANOTHER
JOC Staff |
A court on Friday sentenced Huang Shugang to 19 years in prison for diverting an airliner to Taiwan
US COTTON IMPORTS: TEXTILES & APPAREL
U.S. Department of Commerce Textiles Office |
No text.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 20, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
*NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - November 19, 1998Prev. Life of Contr. Open Open High L
SPOT COMMODITIES
JOC Staff |
November 20, 1998Included are list prices of suppliers. Quotations do not necessarily repres
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
MOODY'S: FINANCIAL GUARANTY INSURERS STABLE IN SHORT-TERM
From Wire Reports |
The short-term outlook for financial guaranty insurers is stable, says Moody's Investors Service.
WATERHOUSE PRESIDENT PREDICTS DEMISE OF AGENCY SYSTEM WITHIN A DECADE
From Wire Reports |
Within 10 years, the end of the agency system ''as we know it'' will occur, predicted a communicatio
FREIGHT RATE FUTURES
JOC Staff |
Nov. 20, 1998Baltic international Freight Futures Market Prev.Close High Low
Maritime
HONG KONG EASES REGISTRY FEES, PROCEDURES
P.T. Bangsberg |
Hong Kong is cutting charges for ship registration and simplifying survey procedures in an effort to
Maritime
MICROSOFT CLAIMS VICTORY AS JAPAN ENDS INQUIRY
JOC Staff |
The Japanese government has ended a year-long investigation of Microsoft Corp.'s alleged anti-compet
Maritime
P&O WINS CHINA'S OK FOR LOGISTICS UNIT
Journal Of Commerce Staff |
China has granted P&O Nedlloyd a logistics operating license, paving the way for the carrier to open
CARTAGENA LAUNCHING ANTI-SMUGGLING EFFORT
Kevin G. Hall |
The U.S. Customs Service and business groups in the Colombian port city of Cartagena agreed Friday t
PHILADELPHIA IMMUNE TO KVAERNER WOES ABROAD
Bruce Barnard |
The problems facing Kvaerner ASA in London's financial district haven't washed up on the banks of th
FMC SETS HEARING ON REGULATIONS TO IMPLEMENT SHIP ACT
Journal Of Commerce Staff |
The Federal Maritime Commission will meet Tuesday to discuss some of the regulations the agency must
NORTHWEST, CONTINENTAL UNDETERRED BY LAWSUIT
JOC Staff |
Plans for aligning the route systems of Northwest Airlines and Continental Airlines are proceeding d
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 19, 1998 Brent Crude Oil - (Dollars Per Barrel)
USERS FACE MORE DELAYS IN '99 AS PANAMA CANAL GETS FACELIFT
Emma Griffiths |
Panama Canal users face further delays next year as the 84-year-old waterway undergoes more repair a
Maritime
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
BRITISH TRUCKERS WEIGH TAX EXILE
Bruce Barnard |
British truckers are threatening to go into exile in continental Europe in a dramatic bid to escape
MASSACHUSETTS TRIES TO REVIVE MYANMAR BOYCOTT
Michael S. Lelyveld |
A Massachusetts lawmaker said he may file new legislation to halt public investment in companies doi
Maritime
EU STRIKES AIMED AT STATE RAIL PRIVATIZATION
Bruce Barnard |
Railroad workers in six European Union countries plan to walk off the job today to protest plans to
CANADA URGED TO ACT AGAINST TALISMAN'S SUDAN PROJECT
Jeffrey Jones |
A church group harshly critical of Talisman Energy Inc. and its Sudan oil project has urged Canada's
GASOLINE PRICES
JOC Staff |
Nov. 20, 1998RESELLER RACK Unleaded Mid- Premium-Unle
CALENDAR
JOC Staff |
The JOC calendar is a detailed listing of upcoming events in transportation and logistics, regulatio
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
IMPORT MANAGERS NEED TO TAKE MORE THAN REASONABLE CARE IN DEALING WITH CUSTOMS
Customs Update - Neville, Peterson & Williams |
Like the famous definition of pornography, Customs may not be able to define ''reasonable care'' bu
TRADECARD AUTOMATES INTERNATIONAL TRANSACTIONS
Gordon Platt |
TradeCard, an electronic system that can complete an international transaction in a matter of minute
METLIFE TO PAY DECEPTION PENALTY
Reuters |
Metropolitan Life Insurance Co., the second-largest U.S. life insurer, will pay $25 million to settl
QUOTE TO NOTE
Bert Ely, Financial analyst. |
'Japan is just digging itself a deeper and deeper hole. Sooner or later, this blows up on them.'
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 16 - Nov. 20, 1998 (a graph)* Annua
KELLY REACHES OUT TO TEXTILE IMPORTERS
Paula L. Green |
wIn his first appearance before the nation's largest group of textile and apparel importers, Customs
PENSKE TRUCK TO BUY YOUNG NATIONALEASE
JOC Staff |
Penske Truck Leasing has entered into an agreement to buy the assets of Young Nationalease Inc., a t
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