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CMA-CGM REPORTS IMPROVED PROFITS
JOC Staff |
CMA-GGM, France's largest ocean carrier, Wednesday reported consolidated net profit of $18.7 million
FOREIGN INVESTMENT DECLINES IN VIETNAM
JOC Staff |
Actual foreign investment in Vietnam fell sharply in the first nine months of this year to $1.1 bill
Maritime
IMF ACCUSED OF TRYING TO UNDERMINE MALAYSIA
JOC Staff |
Malaysian Prime Minister Mahathir Mohamad Wednesday accused the International Monetary Fund of tryin
Maritime
FMC SEEKS COMMENTS ON CHINA'S POLICIES
JOC Staff |
The Federal Maritime Commission said it will accept comments until Oct. 23 from shippers, transporta
WORLD BANK TO GRANT BOMBAY TRANSPORT LOAN
JOC Staff |
India will receive a World Bank loan worth 53.76 billion rupees ($1.25 billion) for the Bombay Urban
Maritime
INDONESIA'S EXPORTS ROSE IN JULY, REVERSING TREND
JOC Staff |
Indonesia's exports rose 1.5 percent in July from a year earlier, reversing months of negative expor
Maritime
UNION SINGS BLUES OVER LEVI JOB CUTS
Reuters |
Union officials and the management of Levi Strauss are seeking ways to fend off massive job cuts at
Maritime
CUSTOMS INTERCEPTS COUNTERFEIT CDS
Kevin G. Hall |
The U.S. Customs Service has released details on the seizure of nearly 40,000 counterfeit compact di
OCEAN GROUP BUYS FENTON
Bruce Barnard |
Ocean Group PLC, the British logistics company, announced Wednesday that it has bought A.W. Fenton C
JET MAKES EMERGENCY LANDING IN JAPAN
JOC Staff |
A Continental Airlines Boeing 777 on a test flight from Newark, N.J., to Tokyo made an emergency lan
KARACHI PORT CRIPPLED BY STRIKE, VIOLENCE
JOC Staff |
The Port of Karachi Wednesday was paralyzed by a violent strike called by the Mutahida Qaumi Movemen
COLOMBIA TAKES US TO COURT OVER YARN TRADE
Paula L. Green |
The United States drew international criticism in 1995 for issuing more than two dozen trade restrai
Maritime
OMAN MAKES HEADWAY IN BID TO ENTER WTO
John Zarocostas |
Oman boosted its chances of early entry into the World Trade Organization by improving its market-ac
Maritime
SAUER-SUNSTRAND WINS EMERY WORLDWIDE DEAL
JOC Staff |
Sauer-Sunstrand Inc., a maker of hydraulic power systems and components has awarded Emery Worldwide
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
TRW SUPPLY-CHAIN UNIT SETS UP SINGAPORE OFFICE
JOC Staff |
TRW Inc., a global manufacturing and service company based in Cleveland, has set up a regional offic
CORRECTION
JOC Staff |
An article, headlined ''Patient rights bill faces fight'' on Page 8A of the Monday, Oct. 5, edition,
GATESMCDONALD BUYS HEALTHCARE FIRST
JOC Staff |
GatesMcDonald, an affiliate of the Nationwide Insurance Enterprise has acquired Healthcare First Inc
DUTCH SEEK LINKS TO ILLNESSES AT HAZARDOUS CARGO CRASH SITE
Jenifer Chao |
In the shadow of towering apartment buildings, a living monument to victims of the worst Dutch air d
LAST DAY TO SEE TRAVELERS' TICKER ON THE BIG BOARD
JOC Staff |
Travelers Group's stock symbol TAP will be seen for the last time today on the New York Stock Exchan
GEORGES' TAB EXPECTED TO RUN $2.5 BILLION
JOC Staff |
Insurers are expected to pay $2.5 billion to victims of Hurricane Georges in Puerto Rico, the U.S. V
SENATE VOTES TO PROCEED WITH BANK REFORM BILL @QWASHINGTON
JOC Staff |
The U.S. Senate on Wednesday voted 88-11 to approve a ''motion to proceed'' on a major overhaul of b
GERMAN TRUCKERS FEAR SHIFT TO OTHER MODES
Robert Koenig |
From ''highway robbers'' in the Alps to Green politicians in Bonn, German motor carriers have sudden
CIGNA, OTHERS SIGN PACT TO EXPLORE INSURANCE OPPORTUNITIES IN INDIA
From Wire Reports |
Cigna International, Infrastructure Leasing & Financial Services Ltd. and Dr. Parvinder Singh have f
SOUTH KOREAN LIFE INSURERS SLASH COSTS
P.T. Bangsberg |
The first stage of South Korea's insurance reorganization appears to be over as seven life underwrit
EXPERT: NO ONE ON HILL IS PUSHING CUSTOMS PLAN
Bill Mongelluzzo |
The Customs Modernization Act, which gave life to the automated programs designed to bring the Custo
Maritime
CENDANT SAYS DEAL OFF TO BUY PROVIDIAN
JOC Staff |
Cendant Corp. said it terminated its agreement to acquire Providian Auto and Home Insurance Co. and
SOUTHERN CHIAPAS GETS ITS FIRST MAQUILADORA
Mary Sutter |
A Mexican-Japanese auto parts joint venture, with government support, will be the first firm to set
Maritime
CUSTOMS ADDS MORE NAMES TO ILLEGAL SHIPMENT LIST
Paula L. Green |
U.S. Customs has given importers and retailers a double dose of textile transshipping information wi
Maritime
REGIONAL TRADE SEEN AS KEY FOR BMW THAI UNIT
Ron Corben |
Germany's BMW AG has set its hopes on an expansion of regional trade with the establishment of a 1 b
Maritime
GEORGES CLAIMS MAY TOP $66 MILLION
JOC Staff |
Nationwide Insurance said it received more than 12,000 property damage claims from last month's Hurr
JURY AWARDS $64 MILLION IN FATAL CHRYSLER CRASH
JOC Staff |
A Texas state court jury assessed Chrysler Corp. $64 million in damages in a lawsuit stemming from a
MISSOURI'S INSURANCE COMMISSIONER QUITS
JOC Staff |
Jay Angoff resigned as state insurance commissioner after nearly six years.Mr. Angoff, 47, s
PEOPLE ON THE MOVE
From Wire and Staff Reports |
National AssociationIndependent InsurersRobert L. Dibblee, former chief of staff/administrat
QUOTE TO NOTE
Donald Cameron, Manager of trade policy, Bose Corp. Commenting |
''This is absolutely, positively wonderful for all shippers because carriers will finally have to le
Maritime
WAUSAU HOOKS UP WITH LIBERTY
Ronald G. Mullins |
After a 13-year beneficial relationship, Nationwide and Wausau found they no longer had much in comm
COURT DENIES INSURER'S APPEAL
From Wire Reports |
Without commenting, the U.S. Supreme Court denied an appeal by State Farm Mutual Automobile Insuranc
LIFE, HEALTH PREMIUMS CONTINUE WORLD GROWTH
John Zarocostas |
Private life and health insurance premiums are projected to continue their upward path in most of th
NVOCCS LIVE LONG, PROSPER
Patricia B. Demetrio |
When is a carrier a shipper? When is a shipper a carrier? A forwarder a shipper? Or a carrier? And w
CARRIERS AND NVOS: A LOVE-HATE RELATIONSHIP
Robert J. Bowman |
Non-vessel-operating common carriers have evolved into a thriving industry wielding substantial powe
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