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SHIPPING TOO VITAL TO BE LEFT TO SHIPPING DEPARTMENT
William H. Moultrie |
In the not too distant and relatively uncomplicated past, most senior managers at U.S. corporations
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAssociation of Ship Brokers and Agents. Applications for home study course, the ''Bas
Maritime
NON-LABORS OF HERCULES: FINE WON'T BUY SOUTHERN PLANES
Ian Putzger |
Fine Air intends to do some cherry-picking when it takes over Southern Air Transport for an undisclo
IN BRIEF
From Wire and Staff Reports |
AMERICAN AIRLINES ORDERS15 BOEING 777SAmerican Airlines has ordered 15 more Boeing 777 aircr
AUSSIES SATISFY RUSSIAN APPETITE FOR BIG BIRDS \ US FIRM ONLY BEGINNING TO EXPLORE THE MARKET
John Helmer |
When it comes to Russia, South Africa's ostrich exporters have their heads firmly planted in sand. I
DROUGHT, FLOOD MAY MEAN HIGHER APPAREL PRICES
Eileen Glanton |
Cotton may keep you cool in the summer - but the market for the white, fluffy stuff will be anything
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of August 14, 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 202.81 up 0.79 w
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FOREST PRODUCT RATES NOSE-DIVE
Rip Watson |
Financial upheaval in Asia continues to disrupt shipping patterns and spawn double-digit rate declin
RUSSIA'S TROUBLES PUT JAPANESE YEN ON BACK BURNER, BUT CRISIS SIMMERS
Gordon Platt |
The threat of a devaluation of the Russian ruble or a default on Russian debt - or both - shifted th
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAugust 13, 1998 Brent Crude Oil - (Dollars Per Barrel)<
GASOLINE PRICES
JOC Staff |
Aug. 14, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEAD PRE
SPOT COMMODITIES
JOC Staff |
August 14, 1998Included are list prices of suppliers. Quotations do not necessarily represen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 14, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - August 13, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
CORRECTION
JOC Staff |
''Back in black, Fritz still idles on Wall Street'' on Page 1A, Tuesday, should have said that on Ju
SPOT PRODUCT PRICES
JOC Staff |
Aug. 13, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
CORRECTION
JOC Staff |
U.S. Rep. Jim Saxton of New Jersey was misidentified in a photo on Page 1A of Thursday's paper. Mr.
FBI CALLS ADM MOLE A LIAR BUT A NECESSARY EVIL
Mike Robinson |
The FBI agent who led the Archer Daniels Midland price-fixing probe said he knew his mole inside ADM
SENATOR PLANS ANTITRUST HEARINGS ON BP
Frederic J. Frommer |
Citing concerns about decreased competition and foreign control of a U.S. company, a U.S. senator ha
PROFIT SLIPS AT CANADA ENERGY COMPANIES
Robert Curran |
Canadian energy companies Canadian Natural Resources Ltd. and Poco Petroleums Ltd. reported lower se
IMF CALLS TURKISH RAISES INFLATIONARY
Reuters |
The International Monetary Fund said Turkey had fallen short in its fight against inflation, and it
HUNGARY OIL VENTURE GETS $30 MILLION, 6-YEAR LOAN
Bridge News |
Hungarian company Termektarolo Reszvenytarsasag (TT Rt), a company which stockpiles crude oil, repor
DAILY PETROLEUM PRICES
JOC Staff |
Friday Aug. 14, 1998Prevailing sellers' posted prices at the close of business, representing
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 3, 1997 - Aug. 14, 1998 (a graph)*
BRAZIL FEELS STRIKE BRUNT AS OWNERS GO TO COURT
David Warwick |
A strike at the Port of Santos entered the weekend with disruptions to shipping and trade continuing
SINGAPORE FETES BAX FOR TRADE EFFORTS
Journal Of Commerce Staff |
The Singapore Trade Development Board has bestowed its highest honor, the International Trade Award,
OOCL'S PARENT POSTS LOSS \ COMPANY PUTS BLAME ON OVERCAPACITY
Terry Brennan |
Overcapacity in ocean shipping was the major reason Orient Overseas (International) Ltd. incurred a
TAIWAN POSTS WEAK GROWTH TAIPEI SCALES DOWN FORECAST
Jeffrey Parker |
Taiwan officials said Friday the nation's economy posted surprisingly weak 5.21 percent growth in th
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended Aug. 8, 1998, vs. similar 1997 periodCARS CARSLOADED LOADED<
MIDSEASON ST. LAWRENCE SEAWAY TRAFFIC LOOKS GOOD
Courtney Tower |
Halfway through the shipping season on the St. Lawrence Seaway, traffic estimates indicate a year mu
HALDIA PORT OFFERS PRIORITY BERTHING
N. Vasuki Rao |
India's eastern Port of Haldia plans to offer priority berthing to foreign shipping lines if they gu
BRIEFS
From Wire and Staff Reports |
SHIPSJUDGE LETS SHIP'S CREWREMAIN IN CANADAOTTAWA - Four crewmen from the fr
THAILAND ORDERS MERGER OF SEVEN AILING BANKS
Anchalee Koetsawang |
Thailand announced a multimillion-dollar merger of seven financial institutions in a bid to attract
CONRAIL HIT BY TRACK WORKERS STRIKE
Rip Watson |
A strike by the Brotherhood of Maintenance of Way Employes shut down Conrail Inc. Friday morning, ba
PHILIPPINE SHIPYARDS PROFIT DESPITE SAGGING ECONOMY
P.T. Bangsberg |
The local shipyard units of Singapore's Keppel group managed an overall increase in profit for the f
BRIEFS
From Wire and Staff Reports |
HYUNDAI SUSPENDS WORKAS PROTEST CONTINUESULSAN, South Korea - Hyundai Motor Co., South Korea
Maritime
CANADIANS HAVE BEEF WITH US "LABEL' BILL
Courtney Tower |
Canadian cattle producers are protesting a bill passed by the U.S. Senate that requires beef and lam
Maritime
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