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APL'S MOVE COULD DRIVE RATES DOWN IN ATLANTIC
Terry Brennan |
Less than a week after the North Atlantic conference announced plans to increase freight rates next
DAILY PETROLEUM PRICES
JOC Staff |
Friday Nov. 20, 1998Prevailing sellers' posted prices at the close of business, representing
CHILE OPEN FOR BIDDING ON INFRASTRUCTURE PROJECTS
Economist Intelligence Unit, Associated Press, Reuters and |
An assortment of infrastructure concessions will be bid out next year in Chile. The government plans
HANCOCK JUMPS INTO VIETNAM'S GROWTH MARKET
P.T. Bangsberg |
John Hancock Mutual Life Insurance Co. is the latest in the field to try to crack the market in Viet
THICK ARCTIC ICE BLOCKS BREAKER, BUT SHIPMENTS NOT THREATENED
Reuters |
A Russian nuclear icebreaker was unable to break through heavy ice in the Far East, but shipments to
Maritime
TEXTILE IMPORT GROWTH SLOWED IN SEPTEMBER
Paula L. Green |
U.S. imports of textiles and apparel increased by only 9.5 percent in September, breaking a 23-month
Maritime
MASSPORT NAMES MICHAEL LEONE AS DIRECTOR OF PORT OF BOSTON
Michael S. Lelyveld |
The Massachusetts Port Authority has appointed Michael Leone director of the Port of Boston followin
NORFOLK SOUTHERN AGREES TO BACK CN-IC MERGER
Rip Watson |
The number of carriers opposing the proposed merger of Canadian National Railway Co. and Illinois Ce
FEDEX SHIPPERS GET EARLY GIFT FROM PILOTS
Chris Isidore |
Christmas has come five weeks early for express shippers as the FedEx Pilots Association, representi
SPOT PRODUCT PRICES
JOC Staff |
Nov. 19, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
UP PREDICTS BETTER YEAR AFTER ROAD TO RECOVERY
Bill Mongelluzzo |
Union Pacific Railroad, having met its intermodal commitments during the 1998 peak shipping season,
BRAZIL'S EXPORT DROP SPARKS A DEBATE OVER THE MERITS OF CURRENCY DEVALUATION
Thierry Ogier |
New trade statistics show a drop in Brazilian exports even as the government strives to double them.
FED'S SIGNAL OF END OF RATE CUTS SHOULD HELP TO SUPPORT THE DOLLAR
Currency Forecast - Gordon Platt |
When the Federal Reserve cut rates last Tuesday, it signaled that the trim would likely be the las
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 200.26 off 0.79
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
GUARANTY FUND CHARGE HITS OLD GUARD'S BOTTOM LINE
JOC Staff |
Old Guard Group Inc. had a net loss for the third quarter of 1998 of $636,000, compared with net inc
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SUPREME COURT SAYS VAGUE RULES IN LONGSHORE CONTRACT CAN'T STOP SUIT
Jack Lucentini |
A longshoreman's injury discrimination lawsuit can't be thrown out just because he didn't follow vag
HEAVY-TRUCK SALES ON WAY TO RECORD
Journal Of Commerce Staff |
The heavy-truck industry posted record October deliveries as it cruised toward an all-time high in a
RYDER SIGNS LEASE PACT WITH SHERWOOD FOOD
JOC Staff |
Ryder Transportation Services has signed a full-service lease contract with Sherwood Food Distributo
UAE, DASSAULT SIGN DEAL FOR WARPLANES
JOC Staff |
The United Arab Emirates signed a $3.2 billion deal with France's Dassault Aviation for new warplane
Maritime
STATE ROLE IN RUSSIA'S ECONOMY TO INCREASE
JOC Staff |
The regulatory role of the state in the economy will increase, Russian Prime Minister Yevgeny Primak
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
SENATOR PREDICTS FAST-TRACK WILL PASS IN NEXT SESSION
Economic Intelligence Unit, Associated Press, Reuters and |
Sen. Joe Lieberman, D-Conn., said he is optimistic that a fast-track trade bill will pass Congress d
EARNINGS INCREASE AT HCC INSURANCE
JOC Staff |
HCC Insurance Holdings Inc.'s net earnings for the third quarter of 1998 increased to $22.1 million
MONY TO BUY OHIO'S US FINANCIAL LIFE
JOC Staff |
MONY Life Insurance, a subsidiary of MONY Group Inc., plans to buy US Financial Life Insurance, an O
WEEKLY COAL EXPORTS \ WEEK OF NOV. 9-NOV. 13, 1998
PIERS, Journal of Commerce |
Only table.
CAMPAIGN BEEFS UP FARMERS' IMAGE
Niki Kapsambelis |
Cattle farmers hope to carve out a niche among shoppers with a marketing program that helps them bee
CARGO WATCH: HAPAG-LLOYD
PIERS database. |
Key movements in 20-foot ocean container unitsAug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.
Maritime
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of November 19, 1998Quotations are based on prices reported in the market or obtained fro
PEOPLE ON THE MOVE
From Wire and Staff Reports |
PRUDENTIAL INSURANCEEd Rafter was appointed president and chief executive of Prudential Prop
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - November 18, 1998Prev. Life of Contr. Open Open High L
BALTIC FREIGHT INDEX
JOC Staff |
964 (November 19, 1998) Previous day - 965The Baltic International Freight Futures Market in
Maritime
PILOTS SHIFT STRATEGY
Gene Linn |
Pilots Agree, the union representing towboat pilots and captains at 98 companies on inland waterways
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 18, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
US, OTHERS PAN SAUDI WTO MARKET ACCESS OFFER
Journal Of Commerce Special |
A revised market access offer put forward by Saudi Arabia to the World Trade Organization has drawn
TAIWAN'S KEELUNG SETS $15 MILLION OVERHAUL TO REGAIN BUSINESS EDGE
P.T. Bangsberg |
Keelung, Taiwan's main northern port, acknowledging that it's lagging in development, is embarking o
Maritime
GROUPE SCHNEIDER WILL BUILD PLANT IN MEXICO
JOC Staff |
France's Groupe Schneider will spend $15 million to build a plant in Monterrey, Mexico, that will em
Maritime
EU COMMISSION BANS BEEF, CATTLE EXPORTS FROM PORTUGAL
Associated Press |
The European Union's executive agency has banned the export of beef and cattle from Portugal.
ST. PAUL COS. TO CUT 600 JOBS IN 1999
Associated Press |
The St. Paul Cos. plans to cut another 400 to 600 jobs next year because of falling profit in commer
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