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CREWS SAIL NEW YORK IN RACE FOR CIGNA CUP
From Wire Reports |
The Cigna Knickerbocker Cup, taking place in New York harbor from Sept. 23-27, will feature 12 profe
BRIEFS
From Wire and Staff Reports |
LOCKHART CARIBBEANBUYS 2 INSURANCE FIRMSST. THOMAS, U.S.V.I. - John P. de Jongh Jr., preside
CNA CUTTING WORK FORCE IN EFFORT TO PARE EXPENSES
Reuters |
CNA Financial Corp. said Wednesday it will reorganize its operations and cut its 22,000 work force b
CHINA'S MAIN INSURER FACES REORGANIZATION \ OTHER CHINESE-BASED FIRMS MAY FOLLOW SUIT
P.T. Bangsberg |
China seems set to break up its main insurance company, which has already reorganized once to meet n
PEOPLE ON THE MOVE
From Wire and Staff Reports |
INDEPENDENT INSURANCE AGENTS OF AMERICARobert A. Rusbuldt has been named executive vice pres
MOODY'S: GLOBALIZATION OFFERS A MIXED BAG TO REINSURERS
From Wire Reports |
Stagnant growth in mature domestic markets, excess underwriting capacity and increased competition f
HANSON SETTLES LIABILITIES OF FORMER KOPPERS UNIT
Wire Reports |
Hanson PLC has reached an agreement to settle the funding and risk of the environmental liabilities
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of August 5,1998Quotations are based on prices reported in the market or obtained from su
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 205.57 off 0.88 w
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 5, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24.
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAugust 4, 1998 Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
August 5, 1998Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Aug. 5, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEA
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - August 4, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
SPOT PRODUCT PRICES
JOC Staff |
Aug. 4, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SHIP BILL GOES BACK TO SENATE ONE MORE TIME
William Roberts |
The Senate will handle the Ocean Shipping Reform Act, approved by the House on Tuesday, under expedi
PETROBRAS TO EXPAND OVERSEAS
Jeremy Smith |
Brazil's state oil giant Petrobras hopes to cut its $5 billion annual price tag on oil imports by ex
APIL WEEKLY REPORT \ CRUDE OIL INVENTORIES UP BY 2 MILLION BARRELS FOR THE WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories rose almost 2 million barrels in the week ended July 31, as compared with
SHIP LINES ALREADY PREPARING FOR CHANGE \ CARRIERS TO DISCUSS LIFE IN DEREGULATED WORLD
Tim Sansbury |
The international container shipping industry has decided how it will take the first steps into the
2 MEXICAN CONSORTIUMS WIN GAS PROJECT CONCESSION
Mary Sutter |
In the auctions for the biggest natural gas distribution projects in Mexico, the government awarded
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Aug. 5, 1998Prevailing sellers' posted prices at the close of business, representi
FINDING CRACKS IN CUBAN EMBARGO
Kevin G. Hall |
While Cuban dictator Fidel Castro donned his mili- tary garb for a three-country, six-day Caribb
BRIEFS
From Wire and Staff Reports |
VAN LINE ON TRACK WITHBOSTON-TORONTO RUNFORT WAYNE, Ind. - North American Van Lines Inc. has
NEED EMPLOYEES BUT WANT TO CUT COSTS: TRY LEASING YOUR WORKERS
John Leming |
The growing cost of running a business, especially a smaller one, has increased the practice of leas
VITRAN SHIFTS INTO FAST LANE IN US WITH QUAST PURCHASE
Helen Atkinson |
Vitran Corp., the Toronto freight-forwarding and logistics company, announced Tuesday it was expandi
ATTENDING THOSE HALLOWED HALLS OF LEARNING IS AS EASY AS LOGGING ON
Alan Abrams |
I remember how it used to feel when I was a kid. August would come and I'd just be comfortably settl
ALGERIAN OIL JOINT VENTURE WILL CAUSE A DRAIN ON MOELLER SECOND-HALF EARNINGS
Bridge News |
Denmark's AP Moeller Group, which owns Maersk Line, will see its second-half earnings cut as a resul
BRIEFS
From Wire and Staff Reports |
PARTNERSHIP WILL STUDYYEAR 2000 PROBLEMSWASHINGTON - Deputy Transportation Secretary Mortime
EU DEMANDS 3 NATIONS ENFORCE AIR TRAFFIC RULES
Bruce Barnard |
The European Commission plans to take legal action against Belgium, Germany and Greece for failing t
US LABOR SECRETARY CALLS FOR TALKS WITH MEXICO OVER WORKER RIGHTS
Courtney Tower |
A letter from the Clinton administration this week spotlights Mexico's handling of employee rights,
LIABILITY RULING FAVORS SHIPPERS OVER TRUCKERS
Gregory S. Johnson |
The Surface Transportation Board has handed traffic managers a major victory by agreeing to remove t
BOEING TO BUILD CREW TRAINING HUB IN LONDON
Bruce Barnard |
Boeing announced Wednesday it will build its first crew training and maintenance hub outside the Uni
BILL WOULD FORCE CANADIAN WHEAT TO CROSS AT ONE STATION
Associated Press |
All Canadian wheat and barley shipments entering the United States could be forced to cross at a sin
CHINA GIANTS FORM NEW CARGO AIRLINE
Carla Rapoport |
China's first air cargo company, China Cargo Airlines, was unveiled this week by its two joint-ventu
WORLD BANK TRIES TO PUT LID ON GAZPROM PIPELINE \ EXPENSE, NEED CITED AS REASONS FOR A DELAY
Michael S. Lelyveld |
The World Bank is trying to convince Russia's gas monopoly Gazprom to put off a mammoth pipeline pro
BRIEFS
From Wire and Staff Reports |
CALIFORNIA FIRMSELECTS BAX GLOBALIRVINE, Calif. - Ingram Micro's Frameworks has named BAX Gl
INVESTORS BUILDING PEARL RIVER BOX PORT
Carla Rapoport |
Growth at Hong Kong's mighty Kwai Chung Terminals may be slowing to single-digit figures, but the am
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 19, 1997 - Aug. 5, 1998 (a graph)*
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