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JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 9 - Nov. 17, 1998 (a graph)* Annual
ATLANTIC MUTUAL REPORTS DECREASE IN NET INCOME
JOC Staff |
Atlantic Mutual Cos. reported net income for the three months ended Sept. 30, 1998, of $7.6 million,
BRITISH STEEL TO CUT 1,600 JOBS AS PRICES FALL
JOC Staff |
British Steel announced plans to eliminate around 1,600 staff in the next six months in the face of
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
LUCENT GETS MORE WORK FROM TELECOM EGYPT
JOC Staff |
Lucent Technologies was awarded a contract by Telecom Egypt to expand its nationwide telecommunicati
Maritime
SHIPPERS: RATES TO RISE BEFORE THEY FALL
Bill Mongelluzzo |
The shipping industry will be deregulated next May, but it won't happen in time to protect U.S. impo
MC SHIPPING HAS LOSS FOR THIRD QUARTER
JOC Staff |
MC Shipping Inc. reported a loss of $515,348, or 6 cents a share, on revenue of $11.9 million in the
NEWS ON GERMAN TAX RULES, ASIAN RATES HIGHLIGHTS WEAK MONTH IN CHARTER ARENA
Containership Market Report - Peter Shaerf |
The container charter market continues to search for bottom, and, if not for a surprising uptick in
Maritime
DRUG TRAFFICKERS TURN TO PUERTO RICO TO TRANSPORT NARCOTICS TO THE US
Kevin G. Hall |
The noose is tightening on drug trafficking through Mexico and Florida. So Puerto Rico is increasing
SHAREHOLDERS REBUFF HOLT IN HIS BID TO CONTROL ACL
Aviva Freudmann |
Shareholders of Atlantic Container Line have decisively rebuffed an unusual bid by American shipping
TRADE FAIRS
JOC Staff |
NORTH AMERICAThe Americas Food & Beverage Show. Dec. 2-4. Miami. Contact: Gary Fountain, For
BALTIC HANDY INDEX
JOC Staff |
797 (November 17, 1998) Previous day - 803The Baltic Exchange in London on Tuesdays and Thur
Maritime
MALAYSIA'S LARGEST BOX HANDLERS TEAM UP TO PROMOTE A PORT CONCEPT
P.T. Bangsberg |
As many in the industry long expected, the two largest terminal operators at Malaysia's main port ar
Maritime
ITC RULING AGAINST CHILEAN MUSHROOMS WILL SPUR DUTY HIKE
Journal Of Commerce Staff |
The International Trade Commission, without comment, ruled Tuesday against imported preserved mushro
Maritime
SEIBELS BRUCE POSTS LOSS OF $142,000
JOC Staff |
Seibels Bruce Group Inc. reported a net loss of $142,000 for the third quarter of 1998, compared wit
NAFTA RULES SEEN HITTING ASIAN-OWNED MAQUILADORAS
Economic Intelligence Unit, Associated Press, Reuters and |
The future of Asian-owned maqui- ladoras, the in-bond assembly plants that crowd the northern Mexica
THAILAND MAY EXPORT POWER TO VIETNAM
Ron Corben |
Thailand's state-owned power provider, the Electricity Generating Authority (EGAT), and Electricity
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Nov. 17, 1998Prevailing sellers' posted prices at the close of business, representin
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 17, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
SPOT COMMODITIES
JOC Staff |
November 17, 1998Included are list prices of suppliers. Quotations do not necessarily repres
EX-OIL EXECUTIVES FOUND GUILTY OF FRAUD IN KUWAIT
Reuters |
Three former top officials at a Kuwait state-owned oil tanker firm were convicted of fraud.T
FEDEX GETS CREDIT TO COVER PILOT STRIKE
Chris Isidore |
Federal Express Corp. is looking to its banks, not President Clinton, as it prepares for a possible
FLOODS CAUSE MILLIONS IN DAMAGE IN VIETNAM
JOC Staff |
Another bout of flooding in central Vietnam has killed 17 people and caused an estimated $7.4 millio
Maritime
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
STOCK PRICES HELP DRIVE DOWN SUN LIFE'S NET
JOC Staff |
Sun Life Assurance Company of Canada reported third-quarter net income of 106 million Canadian dolla
ARTHUR J. GALLAGHER BUYS CALIFORNIA FIRM
JOC Staff |
Arthur J. Gallagher & Co. has acquired Nelson, Gordon & James Insurance Services Inc. of Tustin, Cal
TEXTILE IMPORTERS EDGY OVER PLANNED EU SANCTIONS
Paula L. Green |
U.S. textile and apparel importers are warily watching whether U.S. trade officials carry out their
Maritime
SMALL BUSINESSES ARE RELYING TOO HEAVILY ON SINGLE BANK TO PROVIDE FINANCING
Financing Trade - Gordon Platt |
Many smaller U.S. companies with sales of less than $50 million a year are relying so heavily on the
NIKE CLAIMS GREAT STRIDES IN RIDDING WORKPLACE OF HAZARDS
Grant Peck |
Nike announced Tuesday it has reduced the amount of potentially unhealthy solvents used in making it
Maritime
ITC MAY END SOME IMPORT LIMITS
Jack Lucentini |
Global regulators are considering whether to remove limits on duty-free imports of 15 specific produ
Maritime
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of November 17,1998Quotations are based on prices reported in the market or obtained from
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 16, 1998 Brent Crude Oil - (Dollars Per Barrel)
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 201.46 off 2.86 wh
GASOLINE PRICES
JOC Staff |
Nov. 17, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - November 16, 1998 OPEN INTEREST AND SALES - November 13, 1998All life-of
TRUCKERS STRIKE SEA-LAND FACILITY IN PUERTO RICO
Karl Ross |
Sea-Land Service Inc.'s labor troubles continue as an independent truckers union has refused to pick
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Department of Agriculture; Journal of Commerce |
No text.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
AON CASTS WIDE NET FOR CLAIMS TRACKING
Gene Linn |
Aon Group is touting improved risk management services as part of its new Claims Net tracking proces
HUNGARY AND LITHUANIA SIGN FREE-TRADE PACT
JOC Staff |
Hungarian Minister of Economic Affairs Attila Chikan and his Lithuanian counterpart Kestutis Babiliu
Maritime
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