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Platts Containers Update
PHILIPPINE OFFICIALS BELIEVE IMF HAD RIGHT PRESCRIPTION
Gordon Platt |
The International Monetary Fund's medicine works, but currency controls don't, the two top financial
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
EU, JAPAN TO SEEK MUTUAL REGULATION PACT
JOC Staff |
EU Commission Vice President and Trade Commissioner Leon Brittan will seek to negotiate the first Mu
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 203.76 off 1.60
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 9, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21.
GRAMM STILL OPPOSES BANKING REFORM BILL
JOC Staff |
Sen. Phil Gramm, R-Texas, the main opponent of a major banking reform bill now pending in the Senate
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - October 8, 1998 OPEN INTEREST AND SALES - October 7, 1998All life-of-co
USE OF 3RD-PARTY LOGISTICS RISING
Helen Atkinson |
Nearly 75 percent of U.S. manufacturers and suppliers are either using or considering a third-party
ASIAN SHIPPERS HIT TERMINAL CHARGES
P.T. Bangsberg |
Asian shippers are intensifying their attack on what they perceive as high and unfair terminal handl
Maritime
MERRILL DOWNGRADES AIRLINE STOCKS
JOC Staff |
Merrill Lynch lowered its earnings estimates for airlines and downgraded its recommendations for man
CUSTOMS TO BOOST FINES ON IMPORTERS OF FAKE GOODS
Kevin G. Hall |
The U.S. Customs Service will increase penalties late this month for those caught with counterfeit g
Maritime
AXA GLOBAL RISKS LAUNCHES CANADIAN UNIT
JOC Staff |
AXA Global Risks, the AXA Group Co. for large corporate risks, international risks, marine aviation
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOctober 8, 1998 Brent Crude Oil - (Dollars Per Barrel)<
SPOT COMMODITIES
JOC Staff |
October 9, 1998Included are list prices of suppliers. Quotations do not necessarily represen
CIGNA INTRODUCES "ONE-STOP SHOPPING'
JOC Staff |
CIGNA Reinsurance Division is forming CIGNA Re International, a reinsurance unit dedicated to market
FMC EXPECTED TO OK CHANGES IN INTERNET FILINGS
Tim Sansbury |
Officials at the federal agency charged with carrying out the landmark Ocean Shipping Reform Act of
EUROPEAN NATIONS POUR MONEY INTO RAIL SECTOR
John Zarocostas |
Railways in Germany, Britain, Italy and other European nations plan to invest billions of dollars in
HIGH-TECH COMPANIES CAN SEEK OUT COVER ON THE INTERNET
From Wire Reports |
Atlantic Mutual Cos. and Kibble & Prentice have launched an online facility to provide business insu
PEOPLE ON THE MOVE
From Wire and Staff Reports |
Fortis GroupRobert Pollock has been appointed executive vice president, chief financial offi
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended Oct. 3, 1998, vs. similar 1997 periodCars CarsLoaded Loaded<
RUSSIA SAYS US STALLS ON STEEL IMPORTS, SEEKS TALKS
John Helmer |
Russia's newly appointed Minister of Trade, Georgy Gabounia, called a meeting Friday with Russian st
HARBOR TRUCKERS GROUP HANDS OUT AWARDS
JOC Staff |
The Bi-State Harbor Carriers Conference, a group that represents harbor truckers in the Port of New
JAPAN SENDS PROPOSALS FOR DEREGULATION TO US
JOC Staff |
Japan submitted a list to the United States Friday containing more than 50 deregulatory proposals ai
Maritime
LEADERS DECRY LABOR UNREST
N. Vasuki Rao |
Bangladesh's trade and industry, frustrated by frequent labor unrest at the main seaport at Chittago
Maritime
RATES GOING UP BETWEEN EUROPE AND ASIA
Aviva Freudmann |
Ocean shipping rates between Asia and northern Europe will rise Jan. 1 and again April 1, the Asia W
IMF, BRAZIL NEAR FINANCIAL AID PACT, STRESS FISCAL REFORM BY GOVERNMENT
Thierry Ogier |
Economists in South America's most important market for U.S. trade are welcoming news of a near-agre
SENATE VOTES 98-0 ON SANCTIONS BILL, MOVES TO HOUSE
Michael S. Lelyveld |
The Christian Coalition scored a last-minute breakthrough against corporate interests Friday, as the
CALENDAR
JOC Staff |
The JOC calendar is a detailed listing of events in transportation and logistics, regulations, finan
GOLD PRODUCERS SEEK HEDGING TOOL
Bridge News |
Gold producers in Zimbabwe would welcome a more efficient official hedging mechanism to replace the
GASOLINE PRICES
JOC Staff |
Oct. 9, 1998RESELLER RACK Unleaded Mid- Premium-Unlea
EXPORTERS: RUSSIA'S FOOD POLICY BAFFLES
John Helmer |
Russian importers and western traders express confusion and frustration at the spate of import polic
ASIAN RATE PRESSURE FAR FROM OVER
Terry Brennan |
The worst is yet to come in the Asian financial crisis. Pressure will intensify on carriers trying t
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
Australia-New ZealandDirect LineBill Sheridan was named refrigerated-distribution manager at
Maritime
FOR AMERICAN TRADERS, FOREIGN CUSTOMS RULINGS MAY NOT BE AS GOOD AS "HOMEMADE'
Customs Update - Neville, Peterson & Williams |
Binding Customs rulings have become a key element of U.S. Customs administration. Importers depend o
DEALERS BEGIN PICKING UP PIECES AFTER DOLLAR'S CRASH AGAINST YEN
Currency Forecast - Gordon Platt |
I haven't seen anything like this in my 30 years in the foreign exchange market,'' one dealer said F
CHILEAN, FOREIGN FIRMS TO ASSIST SAE IN PRIVATIZING
The Associated Press, Reuters, Bridge News Service, Economist |
Seven Chilean and foreign financial institutions and consortiums will bid to assist Chile in the par
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
CARGO WATCH: LONG BEACH
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
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