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LIKE SANDS THROUGH THE HOURGLASS, THESE ARE THE ANXIOUS DAYS OF OUR LIVES
Customs Update - JBC International |
V ery few situations tend to create anxiety in every person. Not everyone is subject to the same ne
INDIA BANKING ON INSURANCE AS FINANCIER
Bridge News |
The insurance sector is likely to emerge as a significant financier of India's infrastructure once i
ALLSTATE'S OPERATING INCOME INCREASED 10.1 PERCENT
JOC Staff |
Allstate Corp. reported consolidated operating income for the third quarter increased to $625 millio
MARSH & MCLENNAN POSTS STRONG QUARTER
JOC Staff |
Marsh & McLennan Cos. for the third quarter ended Sept. 30, 1998, said revenue rose 11 percent to $1
AIG REPORTS INCOME ROSE TO $931.1 MILLION
JOC Staff |
American International Group Inc. had net income for the third quarter of 1998 of $931.1 million, an
UNUM UNIT TO OFFER LONG-TERM CARE PRODUCTS
JOC Staff |
UNUM Corp. said it formed a division, Diversified Marketing Operations, to reach new customers by de
BALTIC FREIGHT INDEX
JOC Staff |
978 (October 23, 1998) Previous day - 987The Baltic International Freight Futures Market in
Maritime
FIRST UNION CORP. TO BUY GONDER AGENCY
JOC Staff |
First United Corp. says it will buy the Gonder Insurance Agency a full line independent insurance ag
CIGNA REPORTS LOSSES FROM GEORGES
JOC Staff |
Cigna Corp. reported that after-tax losses from Hurricane Georges are expected to be approximately $
BREAKBULK OFFERS POTENTIAL OF HIGH PROFITS FOR RAILS
Rip Watson |
Since the partial deregulation of railroads in 1980, rail carriers have accelerated efforts to maxim
CONTAINER COUNT SLOW AS CRISIS TAKES TOLL
P.T. Bangsberg |
Asia's economic woes appear to be hurting the port business in Taiwan, even though it has suffered l
Maritime
CARGO WATCH: AMERICAN PRESIDENT LINES (WITH NOL)
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
SENATE CONFIRMS JOHNSON AS TEXTILE AMBASSADOR
Paula L. Green |
The Senate last week confirmed the nomination of the chief textile negotiator, C. Donald Johnson Jr.
Maritime
QUOTE TO NOTE
Mike Bare, Vice president and general manager of the new |
'What's important these days is not having the best product available, but being able to get it to t
Maritime
CONSULTANTS SEE GROWTH FOR MEXICAN MANUFACTURERS
Mary Sutter |
Global trends in manufacturing will likely benefit Mexico in terms of continued investment in existi
Maritime
MEXICAN TRADE DEFICIT NARROWS SLIGHTLY
JOC Staff |
Mexico reported a monthly trade deficit of $743 million in September, according to preliminary stati
Maritime
SPLIT-RUN MAGAZINE BAN GAINS IN CANADA
Courtney Tower |
Canada's government is pressing ahead vigorously with a magazine advertising bill despite objections
Maritime
FORD MAY REDUCE PHILIPPINE OPERATIONS
JOC Staff |
Ford Motor Co. may scale down its planned operations in the Philippines if the U.S. auto maker does
Maritime
MICRON FILES COMPLAINT AGAINST CHIP MAKERS
JOC Staff |
Micron Technology Inc., the largest U.S. maker of memory chips used in personal computers, said it f
Maritime
TREES FALL, APPLES FALL, SO DOES ASIAN DEMAND
Bill Mongelluzzo |
The Asian financial crisis is making life miserable this year for breakbulk carriers in the trans-Pa
COTY SWOONS OVER CHINA BEAUTY MARKET
JOC Staff |
Coty Inc. opened a $20 million manufacturing plant in Shanghai last week, citing rosy prospects for
Maritime
REPAIR WORK EASES GRIDLOCK ON DISASTER-RIDDEN GUAM
Tom Kaser |
Cargo is flowing more freely through Guam's main harbor, thanks to the completion of a $12.5 million
Maritime
PORT WORKERS BLOCK BRIDGE TO BOGOTA
Bridge News |
A key bridge connecting the Buenaventura port to the city was blocked for three hours on Thursday by
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
NORTHWEST TAKES SUPPLIES TO FLOOD-RAVAGED CHINA
JOC Staff |
Relief supplies and lifesaving medicine for families devastated by flooding along China's Yangtze Ri
GULF PORTS FLOAT WITH METAL
Janet Plume |
Metal imports such as aluminum could very well be the Cinderella cargo of the year for several Gulf
FEDEX PILOTS VOTE TO REFUSE OVERTIME
Associated Press |
Federal Express pilots overwhelmingly voted to refuse to work overtime during the Christmas season i
DIESEL FIRMS AGREE TO PAY $1 BILLION FOR POLLUTING
James Vicini |
The federal government announced that seven manufacturers of diesel truck engines agreed to a record
PROFIT DOWN AT CSX AS REVENUES DECLINE AT SEA-LAND, RAIL UNITS
Rip Watson |
CSX Corp. reported a 10 percent drop in third quarter earnings to $187 million, or 88 cents a share,
DEUTSCHE POST READY TO DELIVER
Robert Koenig |
Deploying a series of new products, Germany's postal system - Deutsche Post AG - is trying to become
JUSTICE FILES SUIT TO STOP PURCHASE IN CONTINENTAL
JOC Staff |
The Justice Department filed an antitrust lawsuit Friday seeking to stop Northwest Airlines from buy
SPAIN'S IBERIA THREATENS TO CANCEL AIRBUS ORDER
JOC Staff |
Spanish airline Iberia has told its pilots that if a salary agreement is not reached this month it w
GETTING BACK TO BASICS AT BREAKNECK SPEED
Janet Plume |
Nearly three decades after a fledgling container industry forced most southern ports to embark upon
CONSOLIDATED FREIGHTWAYS EXPANDS PRIMETIME AIR
JOC Staff |
In response to increased demand for just-in-time solutions in Mexico, Consolidated Freightways has e
BA AGAIN DENIES PLANS TO SCALE BACK ALLIANCE
JOC Staff |
British Airways PLC denied again Friday that it plans to scale back its proposed alliance with Ameri
ON 3RD TRY, DRILLERS STRIKE OIL IN CASPIAN
Firuz Abdinzade |
The Caspian International Petroleum Co. struck oil at the depth of 3,150 meters (10,395 feet) while
PORTS WOO SHIPPERS WITH BREAKBULK OPTIONS
Janet Plume |
The Asian flu is only the latest development that's sent container lines nibbling at the breakbulk m
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 23, 1998Prevailing sellers' posted prices at the close of business, representing
CORRECTION
JOC Staff |
The Oct. 22 Journal of Commerce identified data from the American Petroleum Institute on oil and gas
ALASKA PIPELINE DELAYS UPGRADING
Reuters |
Oversight problems have prompted the operator of the Trans-Alaska Pipeline to delay work on a projec
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