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Platts Containers Update
GENE-ALTERED FOODS FACE UPHILL BATTLE IN EU
Richard Kamchen |
Consumers in the European Union are far less accepting of genetically modified products than North A
Maritime
CHEVRON: OIL ROUTE THROUGH BOSPORUS SAFE
Reuters |
Chevron Corp., a partner in a new pipeline that will carry Kazakh crude oil to the Mediterranean via
ACL RALLIES ON OSLO EXCHANGE, OUTPACING SECTOR
Bruce Barnard |
Atlantic Container Line staged the biggest rally on the Oslo stock exchange in October, easily outpe
UNDERWRITERS RE BUYS VENTON HOLDINGS
JOC Staff |
Alleghany Corp. said its subsidiary, Underwriters Reinsurance Co., has bought Venton Holdings Ltd.,
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 3, 1998 Brent Crude Oil - (Dollars Per Barrel)
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 204.95 up 0.83 wh
USF RED STAR OPENS TERMINAL IN ROANOKE
JOC Staff |
USF Red Star Inc., the regional carrier unit of USFreightways Corp., has opened a terminal in Roanok
BOYD BUYS RUEL SMITH FOR $4.5 MILLION
JOC Staff |
Boyd Bros. Transportation Inc. is acquiring Ruel Smith Transportation Services Inc., the privately h
ABN AMRO, MELLON FORM ALLIANCE
JOC Staff |
Dutch banking giant ABN AMRO has formed an alliance with Mellon Bank Corp. to provide global custody
Maritime
CANADA GROCERS MERGE TO GROW IN SATURATED MARKET
Jason Hopps |
Mergers and takeovers appear to be the last resort for growth in the Canadian grocery industry, as m
Maritime
BA CARGO SAYS LONDON CENTER WILL OPEN ON TIME
Bruce Barnard |
British Airways Cargo assured shippers Wednesday that its giant World Cargo Centre at London Heathro
TIA FORMS MOTOR CARRIER CONFERENCE
JOC Staff |
The Transportation Intermediaries Association said it has formed a motor carrier conference to addre
GULF CANADA POSTS QUARTERLY LOSS AFTER WRITEDOWN
Jeffrey Jones |
Gulf Canada Resources Ltd.'s 1997 takeover of rival Stampeder Exploration came back to haunt it Tues
FREIGHT RATE FUTURES
JOC Staff |
Nov. 4, 1998Baltic international Freight Futures Market PREV.CLOSE HIGH
Maritime
WTO CASELOAD RISE LINKED TO CREDIBILITY
Elif Kaban |
The number of disputes brought to the World Trade Organization has topped 150 since it was created n
Maritime
CHRETIEN VOWS TO STAY ON AS PRIME MINISTER
JOC Staff |
Canadian Prime Minister Jean Chretien made a strong statement Tuesday that he had no intention of st
Maritime
SPOT COMMODITIES
JOC Staff |
November 4, 1998Included are list prices of suppliers. Quotations do not necessarily represe
CARGO WATCH: CHINA OCEAN SHIPPING
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
WITH NO SPECIAL CHARGES, AON RESULTS ARE POSITIVE
JOC Staff |
Aon Corp. said its combined revenue for the third quarter was $1.6 billion, up 11 percent from $1.5
CIGNA INCOME IS DOWN IN THE THIRD QUARTER
JOC Staff |
Third-quarter operating income at Cigna Corp. declined to $241 million from the $262 million reporte
GRAIN SECTOR WARY OF RAIL MERGER
Rip Watson |
North Dakota farmers and state officials have started a new kind of cross-border trade tiff - one th
DEMOCRAT WINS IN HOUSE DIMINISH FAST-TRACK HOPES
William Roberts |
Fast-track trade negotiating authority will have to be compromised to include protective language fo
LATIN AMERICAN PRIVATIZATION PERU TAKES NEW APPROACH TO RAIL SALE
Kevin G. Hall |
Peru will take a new tack in Latin American railroad privatization, opting for a two-stage approach
NAVIERAS, TRANSROLL PULL PLUG ON LATIN SERVICE
JOC Staff |
Transroll Navieras Express Inc. confirmed two-month-old reports that it was withdrawing from the rat
ARNOLD'S PROFITS UP 4 PERCENT IN ITS THIRD QUARTER
JOC Staff |
Arnold Industries Inc., a motor carrier and logistics company, reported a 4 percent increase in thir
STORM-STRUCK SHIPS PULL INTO WEST COAST
Peter Tirschwell |
Three container ships that were heavily damaged in a freak Pacific storm last week are docked at Wes
CUSTOMS PENALIZES STEEL COIL EXPORTERS
Jack Lucentini |
Authorities have imposed considerable preliminary anti-dumping penalties on companies exporting stee
Maritime
US ECONOMIST: CHINA MAY DEVALUE YUAN
JOC Staff |
Noted economist David Jones of Aubrey G. Lanston Wednesday said China may be forced to devalue the y
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 4, 1998Prevailing sellers' posted prices at the close of business, representi
SPOT PRODUCT PRICES
JOC Staff |
Nov. 3, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
EMPLOYERS TO LIMIT PHILIPPINE JOB LAYOFFS
JOC Staff |
Philippine employers signed an agreement Tuesday with labor groups to limit layoffs in exchange for
Maritime
GASOLINE PRICES
JOC Staff |
Nov. 4, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Prem
RELIANCE REPORTS DROP IN THIRD-QUARTER EARNINGS
JOC Staff |
Operating income was down in the third quarter at Reliance Group Holdings Inc., to $29 million from
GLOBAL BANKS READY TO GAMBLE ON BRAZIL'S DEBT
Gordon Platt |
Brazil has the biggest derivatives market outside of London and Chicago, giving banks a chance to ta
SANTOS BRASIL MARKS ITS FIRST YEAR WITH MODEST GAINS IN ROUGH MARKET
Kevin G. Hall |
Coming up on its one-year ownership anni versary, Santos Brasil, the operator of Latin Ameri ca's b
Maritime
CATHAY PACIFIC CUTS FLEET BY SIX AIRCRAFT
JOC Staff |
Cathay Pacific Airways Ltd. said it will withdraw six Boeing 747-300 passenger aircraft from its fle
CANANDAIGUA TO BUY BRITAIN'S MATTHEW CLARK
JOC Staff |
Canandaigua Brands Inc. has agreed to acquire British beverages group Matthew Clark PLC for 215 mill
Maritime
MITCH POUNDS COFFEE CROP, THREATENS HARVEST, EXPORTS
Paul Solman & James Wilson |
Coffee markets are feeling the impact of Hurricane Mitch, which has swept through Central America ki
INDEX CITES MIDWEST PROPERTY DAMAGE
JOC Staff |
The Guy Carpenter Catastrophe Index, known as Indexco, revealed significant property damage from atm
IMF LOAN REFUSAL SPURS BELARUS PROMISE
JOC Staff |
Belarus promised to implement far-reaching economic liberalization after the World Bank refused to g
Maritime
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