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US AIRWAYS NAMES GANGWAL CHIEF EXECUTIVE
JOC Staff |
US Airways Group Inc. on Wednesday promoted Rakesh Gangwal, president and chief executive of its air
HONG KONG RUNWAY PLAN DELAYED SIX MONTHS
JOC Staff |
The opening of a second runway at Hong Kong's new US$20 billion airport will be delayed for six mont
MARTINAIR EXTENDS PACT WITH AMR SERVICES' UNIT
JOC Staff |
Martinair Cargo has extended its cargo handling contract with CFS, the Miami-based cargo subsidiary
TRINIDAD GETS POWER BOOST
Canute James |
Trinidad and Tobago's concerns about an impending electricity deficit are expected to be eased by a
EUROPE'S BIGGEST INLAND YARD BATTLES TO EXPAND
Robert Koenig |
Along the banks of the blue Danube River, Europe's largest inland shipyard is seeing red.Tha
Maritime
SPOT COMMODITIES
JOC Staff |
November 19, 1998Included are list prices of suppliers. Quotations do not necessarily repres
WALTER D. BREWER DIES AT 49, DIRECTOR AT MATSON NAVIGATION
Journal Of Commerce Staff |
Services were held Tuesday for Walter D. Brewer, director of corporate development at Matson Navigat
Maritime
VESTA POSTS NET LOSS OF $26.3 MILLION
JOC Staff |
Vesta Insurance Group Inc. reported a 1998 third-quarter net loss of $26.3 million, compared with a
JAPAN PUSHES PORT ALLIANCE, SEEKS GLOBAL SHARING OF IDEAS
Reuters |
Japan this week proposed the creation of a port network alliance to strengthen cooperation among key
Maritime
GORE'S "BRAVE' REMARKS REVERBERATE LONG AFTER APEC SUMMIT CLOSES
Ranjan Roy |
Al Gore bolted for the airport only minutes after the end of a disastrous Pacific Rim trade summit -
Maritime
ECUADOR TELECOM FIRMS WILL GO PRIVATE IN 1999
Bridge News |
Ecuador's privatization czar Alvaro Guerrero confirmed that the nation's telecommunications firms an
Maritime
JAPANESE SAY STEEL EXPORTS WILL DROP
William Roberts |
In advance of today's summit meeting in Japan, the Clinton administration very quietly has been nego
RAIL INDUSTRY SPUTTERS, DESPITE SOME GAINS
Rip Watson |
Union Pacific Railroad's congestion problems of the last 18 months continue to shape rail market tre
FLORIDA PORT, FIRMS AID CENTRAL AMERICA
The US Port Roundup is complied by Mark Getzfred |
Port Everglades and Hvide Marine Inc. are teaming up to provide relief to hurricane-ravaged Central
Maritime
CORRECTION
JOC Staff |
Subsidy investigations are not being conducted into imports of hot-rolled steel from Japan and Russi
DEN OF THIEVES
Chris Barnett |
Mini-warehouses and self-storage units are being used by cargo thieves to stash stolen freight un
CREDIT LEASING ASSISTANCE OF POLAND BOUGHT BY AIG
JOC Staff |
AIG Consumer Finance Group Inc., a subsidiary of American International Group Inc., has acquired an
EXPORTERS WANT CHINA PROBES COORDINATED
Michael S. Lelyveld |
U.S. exporters are urging Congress to coordinate its probes on China following a Commerce Department
HANJIN IN TALKS TO LEASE BIG SHIPS
Paul Richardson |
South Korea's Hanjin Shipping Co. is involved in talks with Conti Reederei, a German shipping and fi
CMA TO RESUME SERVICE TO INCHON
Journal Of Commerce Special |
CMA-CMG, France's leading container shipping line, will resume direct service between Inchon, South
GUN MAKER WINS PRODUCT-LIABILITY CASE
Ron Lent |
An Alameda County Superior Court jury this week found that a handgun manufacturer was not liable in
MARKEL DEAL WITH GRYPHON ON TRACK
JOC Staff |
Markel Corp. has signed a confidentiality agreement with Gryphon Holdings Inc. and will immediately
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 18, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
US OUTLINES ANTI-DUMPING DUTIES ON STEEL
Jack Lucentini |
Authorities have put preliminary anti-dumping and anti-subsidy duties on imports of various steel pr
CHINA MINISTER PLEDGES STRENGTHENING OF YUAN
JOC Staff |
Asked if China's policy not to devalue the yuan will carry into 1999 and beyond, China's Foreign Min
Maritime
EU ADOPTS PROPOSAL TO REGULATE E-COMMERCE
JOC Staff |
The European Commission adopted a proposal Wednesday aimed at regulating electronic trade.Th
Maritime
RAILROADS TO OFFER WEEKLY SERVICE UPDATES
Rip Watson |
Major railroads have cooked up a three-ingredient stew to tickle their shippers' taste buds.
CLARK/BARDES BUYS WIEDEMANN & JOHNSON
JOC Staff |
Clark/Bardes Holdings Inc. has acquired Wiedemann & Johnson Co. for $4 million in cash and $2 millio
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
ZIMBABWE HIT BY SECOND STRIKE IN EIGHT DAYS
JOC Staff |
Zimbabwe was hit Wednesday by its second national strike against government economic policy in eight
Maritime
US TRADE PANEL PROBES FOREST PRODUCT TRADE
JOC Staff |
The U.S. International Trade Commission has requested information to support a probe of the forest p
Maritime
NEW ZEALAND TO STRESS FREE TRADE FOR APEC
Ron Corben |
In its position as chair of the Asia-Pacific Economic Cooperation forum in 1999, New Zealand will pu
US TRUCKERS JOIN MEXICAN ASSOCIATION
Mary Sutter |
Four U.S. companies have joined Mexico's most important trucking association as cooperative members,
RATES TO RISE IN ASIA-CANADA LANE
Journal Of Commerce Staff |
The 12-carrier Canada Transpacific Stabilization Agreement said it will increase ocean rates in the
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 200.90 off 0.56 w
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of November 18, 1998Quotations are based on prices reported in the market or obtained fro
EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED COUNTRIES AND AREAS
U.S. Commerce Department |
(Census basis - in millions of dollars, not seasonally adjusted)TRADE BALANCE E
Maritime
PERTAMINA SIGNS OIL CONTRACTS
P.T. Bangsberg |
Indonesia's state oil company, Pertamina, announced it has signed seven production sharing contracts
GASOLINE PRICES
JOC Staff |
Nov. 18, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
SPOT COMMODITIES
JOC Staff |
November 18, 1998Included are list prices of suppliers. Quotations do not necessarily repres
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