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ONCE THREATENED, FMC NOW IN SPOTLIGHT
William Roberts |
The focus on reforming international shipping shifts from Congress to the Federal Maritime Commissio
CARGO WATCH: PORT OF NEW YORK AND NEW JERSEY
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
October 16: 1005
Maritime
USXPRESS ENTERPRISES REPORTS RECORD REVENUE
JOC Staff |
USXpress Enterprises Inc. posted third quarter income of $5.88 million, or 39 cents a share, on reve
ARGENTINE CITRUS IMPORTS DELAYED
Kevin G. Hall |
The U.S. Department of Agriculture has decided to allow another four months of comment on a proposal
CNA TO SELL PART OF HEALTH BENEFITS BUSINESS
JOC Staff |
CNA has agreed to sell the majority of its group employer health book of insurance business to Ameri
DON'T BANK ON IT
Ron Lent |
A survey to determine how effective banks are in selling insurance found that employees in two-third
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
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
TAX MEASURE ADDED TO SPENDING BILL
From Wire Reports |
An extension to a tax provision has been added to a major spending bill that is expected to pass Con
GASOLINE PRICES
JOC Staff |
Oct. 16, 1998RESELLER RACK Unleaded Mid- Premium-Unle
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 16, 1998Prevailing sellers' posted prices at the close of business, representing
BRITAIN RETAINS NO. 1 RANKING IN FOREIGN EXCHANGE BUSINESS
John Zarocostas |
Traditional foreign exchange market activity in April reached a daily average of $1.49 trillion, up
RUSSIAN EXPORTS NOSE-DIVE IN FIRST 6 MONTHS OF 1998
John Zarocostas |
Russian exports plummeted in the first half of 1998, to $36 billion, sharply down from $41.5 billion
BANGLADESH DEVALUES ITS CURRENCY BY 2.97 PERCENT
JOC Staff |
Bangladesh has announced a 2.97 percent devaluation of its taka currency against the U.S. dollar, th
Maritime
BARTER COMPANIES THRIVING IN TOUGH ECONOMIC CLIMATE
Rosalind Mclymont |
Everyone - the manufacturer, the buyers, the people who finally saved the day - blamed the cancellat
PANAMA CANAL SAILS THROUGH CRISIS IN ASIA, PRELIMINARY FIGURES SHOW
Michele Labrut |
Preliminary figures for fiscal year 1998 indicate increases in canal traffic, tolls and cargo despit
Maritime
JAL HOPES TO ADD THREE CARGO FLIGHTS OVER PACIFIC
Journal Of Commerce Staff |
Japan Airlines hopes to add three all-cargo flights across the Pacific beginning Oct. 26.JAL
AMERICAN GENERAL OPENS WORLD SERIES CAMPAIGN
JOC Staff |
American General stepped up to the plate with its first national television advertising program duri
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - October 15, 1998 OPEN INTEREST AND SALES - October 14, 1998All life-of-
OAKLAND DREDGING APPROVAL ADVANCES WITH DISPOSAL PLAN
Richard Knee |
Proposed work to make Oakland's harbors and channels more navigable drew a small step closer last we
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - October 15, 1998Prev. Life of Contr. Open Open High Lo
CHEVRON PAYS CIVIL POLLUTION FINE
Reuters |
Chevron Corp. said it agreed to pay a civil fine of $540,000 over a dispute with the Environmental P
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 5, 1997 - Oct. 16, 1998 (a graph)*
CARIBBEAN, AFRICAN BILLS FAIL IN CONGRESS
Kevin G. Hall |
For four years running, Caribbean Basin nations have been promised action by the U.S. Congress to pr
Maritime
KENYA TO SELL OFF BOX TERMINAL AT MOMBASA
JOC Staff |
The Kenya Ports Authority will shortly privatize operations at the container terminal at Mombasa, so
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
BALTIC FREIGHT INDEX
JOC Staff |
1005 (October 16, 1998) Previous day - 1008The Baltic International Freight Futures Market i
Maritime
LEACH TO REINTRODUCE SENATE BANKING REFORMS
JOC Staff |
House Banking Chairman Jim Leach, R-Iowa, said last week he plans to reintroduce his financial servi
EARNINGS
From Wire and Staff Reports |
Mild weather meant goodresults at Erie InsuranceERIE, Pa. - Erie Insurance Co. said its unde
JOHN SCHIFF, CINCINNATI FINANCIAL FOUNDER, 82
JOC Staff |
John J. Schiff, chairman of the executive committee of both Cincinnati Financial Corp. and Cincinnat
NIKE TO RAISE PAY FOR INDONESIAN SHOE WORKERS
JOC Staff |
Nike Inc., responding to the Asian financial crisis and criticisms of its labor practices, increased
Maritime
. . . AND EXEMPTS FINANCE FIRMS FROM CAPITAL NORMS
JOC Staff |
Foreign financial services companies seeking permission to set up business in India will be exempt f
Maritime
QUOTE TO NOTE
Several senators in a ""Dear colleague'' letter being |
'We recommend this action because there has not been a comprehensive review of U.S.-Cuba policy, or
Maritime
CHIQUITA BITES INTO FRUIT DEAL WITH NEW ZEALAND
The Economist Intelligence Unit, Bridge News Service, Reuters, |
Chiquita is branching out of bananas in Chile. U.S. fruit exporting company Chiquita Brands Internat
TIA CONVENTION SET
Journal Of Commerce Staff |
The Transportation Intermediaries Association will hold its 21st annual convention and trade show fr
AS COURT CASE GOES ON, US IMPORTS OF PRE-DRILLED CANADIAN LUMBER SLOW
Courtney Tower |
Lawyers for lumber and home-builder interests last week argued their opposing cases before the New Y
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of October 16, 1998Quotations are based on prices reported in the market or obtained from
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 205.07 up 0.30 w
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOctober 15, 1998 Brent Crude Oil - (Dollars Per Barrel)
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