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DAILY PETROLEUM PRICES
JOC Staff |
Friday Sept. 18, 1998Prevailing sellers' posted prices at the close of business, representin
ARCO, TEXACO JOIN CHINESE OIL VENTURE
Bridge News |
Arco subsidiary Arco China Inc. and Texaco Inc. unit Texaco China BV have entered into a petroleum c
GOP, DEMOCRATS BICKER OVER FARM CRISIS
Charles Abbott |
Republican leaders in Congress unveiled a $3.9 billion aid package for farmers last week and said Pr
JET NOISE? MIAMI AGENCY HAS NEW SYSTEM TO CHECK
JOC Staff |
The Miami-Dade Aviation Department has unveiled a technology used to monitor airplane noise, a move
EUROPEAN TRUCKERS, UNIONS FAIL TO AGREE
JOC Staff |
European haulage companies and truckers' unions failed Friday to agree on an EU-wide accord on a 48-
CONGRESS AGAIN REJECTS COSCO HUB AT OLD BASE
Tim Sansbury |
Eleventh-hour lobbying has failed to keep alive China Ocean Shipping Co.'s hopes of developing a $30
EMERY WILL HELP ROYAL AUSTRALIAN AIR FORCE
JOC Staff |
Emery Worldwide reached an agreement to provide logistics services to the Royal Australian Air Force
PEOPLE ON THE MOVE
From Wire and Staff Report |
ANDERSEN CONSULTINGNEW YORK - Greg Owens was named managing partner of the firm's global sup
WILHELMSEN EXPANDS INDIAN OCEAN SERVICE
JOC Staff |
Wilhelmsen Lines is expanding its presence in the Indian Ocean with the launch of direct monthly ser
US AIRLINES, FEARFUL OF PENDING ALLIANCE, URGING GUARANTEED ACCESS TO HEATHROW
Reuters |
U.S. airlines have outlined conditions they want Washington to set for approving the alliance betwee
BRITISH AEROSPACE POSTS 24 PERCENT INCREASE IN PROFIT
JOC Staff |
British Aerospace PLC announced a 24 percent jump in first-half profit and said record orders should
CELADON EARNS AWARD FROM CHRYSLER
JOC Staff |
Celadon Group Inc., the leading truckload transportation services provider from the United States an
HEAVY-TRUCK SALES JUMP 28.5 PERCENT, ON THE ROAD TO A RECORD YEAR
Journal Of Commerce Staff |
While economic worries rattled the stock market, heavy-truck sales rolled to a 28.5 percent gain las
CD&L ACQUIRES EVEREADY EXPRESS
JOC Staff |
Consolidated Delivery & Logistics Inc. has acquired Eveready Express Corp., a same-day courier opera
SOUTHWEST AIRLINES' PILOTS HAPPY WITH PACT
JOC Staff |
Southwest Airlines' pilots have agreed by an overwhelming majority to keep a 10-year salary agreemen
SOUTHWEST AIR ADDS TO STOPS IN ARIZONA, TEXAS
JOC Staff |
Southwest Airlines Co. will add new nonstop service from Baltimore/Washington to Phoenix and to San
DOCKERS CRITICIZE NON-UNION WORK
Journal Of Commerce Staff |
A port services consortium at the Port of Vancouver, British Columbia, has improperly transferred sa
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended Sep. 12, 1998, vs. similar 1997 periodCars Cars Loaded Loaded<
WORLDWIDE U-SHIP REVEALS EXPANSION PLANS
JOC Staff |
Worldwide U-Ship Inc. has formed a subsidiary, Advanced Courier Services Inc.Worldwide has a
THE JOC WANTS TO HEAR FROM YOU
JOC Staff |
The Journal of Commerce welcomes announcements of personnel changes, upcoming events, deaths and oth
SOUTH SEAS SHIPS TO SHIFT TO LOS ANGELES, SAN FRANCISCO
Journal Of Commerce Staff |
Columbus Line USA Inc. is consolidating terminal services for its recently acquired South Seas Steam
Maritime
ASIAN, EUROPEAN GROUPS BACK US SHIP REFORM
Tim Sansbury |
European and Asian shippers have added their endorsement to landmark U.S. legislation to revamp inte
FESCO, CONTSHIP SET VESSEL-SHARING PACT IN AUSTRALIA
Bill Mongelluzzo |
Cargo volume and freight rates are sinking in the U.S.-Australia trade, but this is not deterring ag
Maritime
HAMBURG STEVEDORE BUILDING BALTIC CONTAINER TERMINAL
Robert Koenig |
Hamburg's main port operator, trying to strengthen its dominance in container transshipments to the
Maritime
PHILIPPINES SCRAMBLES TO SAVE AIRLINE BEING GROUNDED BY DEBT
P.T. Bangsberg |
It's not exactly vultures circling, but several airlines are poking around to see what might be on o
BALTIC FREIGHT INDEX
Journal of Commerce |
September 18: 882
JUDGE UPHOLDS EXPULSION OF CAREY
Associated Press |
A federal judge has upheld a ruling that expelled former Teamsters President Ron Carey from the unio
CARGO WATCH: DOLE OCEAN LINER EXPRESS
JOC Staff |
Key movements in 20-foot ocean container unitsJune Jul Aug. Sep. Oct. Nov. Dec. Jan. Feb. Ma
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
882 (September 18, 1998) Previous day - 876The Baltic International Freight Futures Market i
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Sept. 18, 1998Baltic International Freight Futures Market Prev.Close High Lo
Maritime
20 PERCENT OF BRITISH NAVY RECRUITS CAN'T SWIM
Vivek Chaudhary |
Britain's Royal Navy has been the envy of the world and the pride of the country, tackling enemies a
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERY2K Issues and the Maritime Industry. Sept. 22. Wilmington, N.C. Meeting to explore
Maritime
AIR INDIA, INDIAN AIRLINES TO BE PRIVATIZED IN A YEAR
N. Vasuki Rao |
The Indian government is preparing to sell at least 51 percent of its equity and privatize two state
SINGAPORE FAVORS OPEN MARKETS TO CALM INVESTORS
Gordon Platt |
Singapore hopes that open markets, skills development and upgrading of the work force will see the i
THE NEW GENERATION GAP: FREE-TRADE POLICY
Michael S. Lelyveld |
Free trade may be gaining around the world, but it seems to have few fans on at least one college ca
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - September 16, 1998 OPEN INTEREST AND SALES - September 15, 1998All life
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FACILITIES SPROUT UP TO SERVICE CHINA'S LPG USE
P.T Bangsberg |
As China increases its use of liquefied petroleum gas, more facilities are being set up to generate,
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