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DAILY PETROLEUM PRICES
JOC Staff |
Monday Sept. 14, 1998Prevailing sellers' posted prices at the close of business, representin
LUFTHANSA ADDING CARGO FLIGHTS
William Armbruster |
Lufthansa Cargo AG plans a dramatic expansion of its trans-Atlantic freighter capacity beginning Oct
CSX OPENS INTERMODAL TERMINAL IN CHICAGO
Rip Watson |
CSX Intermodal Inc. on Monday opened a intermodal terminal in Chicago.The 59th Street termin
YANGMING MARINE TO OPERATE SHANGHAI ROUTE
Reuters |
Taiwan's Yangming Marine Transport Corp. said Beijing's transportation ministry had approved its app
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended Sep. 5, 1998, vs. similar 1997 periodCars Cars loaded loaded
AAR'S HAMBERGER WANTS AGREEMENTS WITH MORE SHIPPERS
Rip Watson |
The Association of American Railroads, armed with two new agreements with groups that use the major
PROFIT DOWN AND REVENUE UP AT MANILA CONTAINER HANDLER
P.T. Bangsberg |
The main container handler in the Philippines saw interim profit slip despite tariff increases.<
Maritime
OOCL'S TUNG MAKES IT TO TRADE HALL OF FAME
P.T. Bangsberg |
The head of Hong Kong's premier container shipping line will be presented this year's World Trade Ha
Maritime
NORTHWEST AGAIN TAKES TO THE SKIES
JOC Staff |
Northwest Airlines took to the skies Monday for the first time since ending a 15-day pilots' strike,
EL AL POSTS INCREASE IN NET FOR 2ND QUARTER
JOC Staff |
El Al Israel Airlines said its second-quarter net income reached $11 million as lower fuel prices an
EMONS' INCOME ROSE TO $4.9 MILLION
JOC Staff |
Emons Transportation Group Inc. reported net income of $4.9 million, or 79 cents a share, for the fi
CROATIA TO LET BOSNIA USE PORT OF PLOCE
JOC Staff |
Croatia has initialed a long-awaited draft agreement that regulates the use of its Port of Ploce by
BANGLADESH EXPORTERS HIRE PLANES TO MOVE APPAREL
N. Vasuki Rao |
Desperate Bangladeshi apparel manufacturers chartered two planes to move huge piles of precious expo
EUROPEAN FIRMS, DRIVERS NEAR PACT ON WORK HOURS
Bruce Barnard |
Europe's trucking companies and labor unions are close to an agreement on drivers' working hours tha
TRANSPORT STOCKS DECLINED LAST WEEK
Gregory S. Johnson |
While the Dow Jones Index recovered, posting a 2.03 percent gain to close at 7795.5 last week, The J
FAA TO INCREASE INSPECTION OF WIRING
Associated Press |
The government is preparing to increase inspections of airliner wiring - suspected in the crash of S
SEA-LAND STILL COMMITTED TO JAPAN
Bradley Martin |
Daniel J. McHugh, Sea-Land Service Inc.'s vice president and general manager for North Asia, sees de
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Sept. 14, 1998Quotations are based on prices reported in the market or obtained from s
TRANSPORTATION STOCK INDEX.
Bridge News |
COMPANY PERFORMANCEWeeklyFriday's Percentage P/E 52-Week 52-WeekSym
DAILY PETROLEUM PRICES
JOC Staff |
Friday Sept. 11, 1998Prevailing sellers' posted prices at the close of business, representin
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
TRANSPORT GIANTS FIGHTING OFF MILLENNIUM BUG
William Roberts |
Representatives of three modes of transportation - ocean shipping, railroads and trucking - told a s
TRADE GAP THREATENS AMERICAN PROSPERITY
Gordon Platt |
There is no such thing as a free lunch.The bill is coming due for America's insatiable appet
GROUPS ASK CALIFORNIA ATTORNEY GENERAL TO REVOKE UNOCAL'S CHARTER
Michael White |
A coalition of environmental, consumer and human rights groups has made good its promise to contest
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERHazardous Materials Training. Sept. 14-15, Newark, N.J. By NIT League and Regulatio
Maritime
SHAKEOUT IN MEDICAL STOP-LOSS
Ron Lent |
Major medical stop-loss coverage player Centris Group Inc.'s recently announced acquisitions undersc
CARGO WATCH: BALTIMORE
PIERS database. |
Key movements in 20-foot ocean container unitsJune July Aug. Sep. Oct. Nov. Dec. Jan. Feb. M
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Sept. 10, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f
BARSHEFSKY VOWS TO REVIEW CHARGES OF STEEL DUMPING
Bridge News |
U.S. Trade Representative Charlene Barshefsky promised U.S. steel industry and union officials on Fr
Maritime
SENATE PANEL APPROVES OVERHAUL OF BANK SYSTEM
From Wire Reports |
The Senate Banking Committee on Friday approved by a 16-2 vote a major overhaul of U.S. financial la
US SATELLITES DESTROYED IN RUSSIAN-RUN LAUNCH
From Wire Reports |
Twelve U.S. commercial satellites and the rocket that carried them partially burned up in the atmosp
YELTSIN SPARKS RENEWED ANGER OVER HIS CENTRAL BANK NOMINEE
Michael S. Lelyveld |
Russia chose political over economic stability Friday as President Boris Yeltsin nominated Viktor Ge
Maritime
QUOTE TO NOTE
Olav Rakkenes, Chairman, Trans-Atlantic Conference Agreement |
'If and when we have anything to say, we will come out and say it.'
Maritime
PARALLEL MARKET FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of Aug. 31, 1998Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - September 10, 1998Prev. Life of Contr. Open Open High
LAREDO AT THE CROSSROADS
Kevin G. Hall |
When the U.S.-Mexico border finally opens to international competition under the North American Free
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 11, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
THE MEBA RACE IS ON
Tim Sansbury |
Rank-and-file members of the Marine Engineers' Beneficial Association must decide in votes cast by t
Maritime
FEDERAL INVESTIGATORS PROBE CLAIMS OF BRIBERY, FRAUD AMONG SHIP MANAGERS
Journal Of Commerce Staff |
Federal grand juries in five port cities are investigating allegations of bribery and fraud among co
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