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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Aug. 13, 1998Prevailing sellers' posted prices at the close of business, representi
BALTIC FREIGHT INDEX
JOC Staff |
780 (August 13, 1998) Previous day - 780The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
AMERICA IGNORES OIL DEPENDENCY AS RELIANCE ON IMPORTS GROWS
Michael S. Lelyveld |
While worries mount over trade deficits and Asia's currency crisis, Americans have forgotten about t
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
COMPETITION RISES IN FOOD, DRINK SECTORS
John Zarocostas |
The potent mix of trade liberalization, major technological advances and shifting consumer patterns
Maritime
RUSSIA READIES WAYS TO BOOST MOTOR CARRIERS
John Helmer |
The Russian government ministry in charge of trucking has prepared a set of measures that, if approv
BRIEFS
From Wire and Staff Reports |
PLANESGROUND WORKERS ON ROADTO STRIKE AT NORTHWESTUPPER MARLBORO, Md. - The union re
GRAIN SHIPMENTS LIKELY TO PICK UP BY END OF YEAR
Gene Linn |
Great Lakes grain shipments, limping along so far this year, are expected to break into a sprint by
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 12, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
WALLENIUS FINDS NICHE MOVING CARS FROM MEXICO TO US
Jim Dow |
Proving that every action has an opposite reaction, last year's snarled rail services in the Southwe
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Aug. 12, 1998Prevailing sellers' posted prices at the close of business, represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAugust 11, 1998 Brent Crude Oil - (Dollars Per Barrel)<
SENATOR PRESSES USDA TO RELEASE JONES ACT STUDY
Tim Sansbury |
A farm state senator says the Agriculture Department is suppressing a report because it may show tha
SOUTH KOREA VOWS TO EASE OR SCRAP MANY IMPORT LIMITS
P.T. Bangsberg |
Aftter signing a new trade deal with the United States, South Korea is preparing to ease or scrap a
Maritime
IMF URGES SRI LANKA TO SPEED REFORM PROCESS
Reuters |
The International Monetary Fund urged Sri Lanka on Wednesday to rein in inflation and accelerate eco
ECONOMISTS MIXED ON NEED FOR CHINA TO DEVALUE YUAN \ BEIJING HAS PROMISED TO AVOID SUCH A MOVE
Isabelle Clary |
Will China devalue the yuan, or will it stand tough and ride out the tsunami of pressures washing ov
QUOTE TO NOTE
David Chin, Deputy chief of Singapore's trade board, Chairman |
'Logistics is increasinglybeing viewed as a competitive tool and an integral part of a compa
Maritime
4 SOUTH KOREAN LIFE INSURERS ORDERED TO CEASE BUSINESS
P.T. Bangsberg |
In the latest stage of its wholesale revamp of the financial sector, South Korea's regulator on Tues
AIRCRAFT WORKERS WIN SAFETY SUIT
Ron Lent |
A Los Angeles Superior Court jury has awarded $760 million in punitive damages to 38 present and for
BRIAN MCALLISTER WINS OWNERSHIP OF BARGE, FERRY OPERATIONS
Peter Tirschwell |
McAllister Towing and Transportation Co. will be divided in a deal that will make Brian A. McAlliste
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAssociation of Ship Brokers and Agents. Applications for home study course, the ''Bas
Maritime
APIL WEEKLY REPORT \ US CRUDE RISES BY MORE THAN 1 MILLION BARRELS AS INVENTORIES CONTINUE TO GROW
Journal Of Commerce Staff |
U.S. crude oil inventories rose by more than 1 million barrels in the week ended Aug. 7, compared wi
BRIEFS
From Wire and Staff Reports |
AMERICAN FREIGHTWAYSUNVEILS WIRELESS SYSTEMHARRISON, Ark. - American Freightways has outfitt
US APPAREL, TEXTILE BUYERS SAY PRICE IS RIGHT IN CRISIS-HIT ASIA
Paula L. Green |
The latest statistics on U.S. apparel imports from Asia show that China and Taiwan appear to be payi
FACTORY CONCERNS DRIVE US OFFICIAL \ LABOR SECRETARY SEEKS MEXICO AUTO MEETING
Courtney Tower |
Labor Secretary Alexis Herman plans to raise safety and health concerns an automotive plant in Tijua
Maritime
STATE ENTERPRISES CUT LABOR FORCE
Bridge News |
China's state enterprises, most of which are big money-losers, shed 3.53 million workers over the pa
Maritime
BRIEFS
From Wire and Staff Reports |
CNA, HANSEN & KLEININ STRATEGIC ACCORDCHICAGO - CNA has signed a strategic investment agreem
TORONTO EYES LESS-COSTLY WAY TO BEAT HEAT
Amran Abocar |
Summer here usually spells trouble for the ozone layer - and for anyone who likes to breathe.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 11, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
INTERBREW, CISNEROS ABANDON LATIN DEAL
John Paul Rathbone |
Belgium's Interbrew CA and Venezuela's Cisneros Group have broken off a proposed $2 billion venture
Maritime
EMBATTLED GUS OWEN REPORTEDLY QUITS STB \ DEPARTURE LEAVES ONE MEMBER AND AN OPEN PARTISAN FIGHT
William Roberts |
Under fire from rail labor unions and facing a continuing U.S. investigation of his outside business
CHINA HIKES REBATES TO SPUR EXPORTS
Bridge News |
China has raised value-added tax rebates from 9.0 percent to 11.0 percent on several exported produc
GEORGIA FIRM CLOSED BY PRISON COMPETITION
David Pace |
After 18 years of making missile shipping containers for the federal government, Tim Graves ran into
QUALCOMM OFFERS SATELLITE UNITS FOR SMALL FLEETS
Gregory S. Johnson |
Qualcomm Inc., having offered products to large fleets for years, is now targeting its communication
COORS CERAMICS TO RELOCATE, CUT JOBS
Associated Press |
Coors Ceramics Co. plans to close a plant in Tennessee and relocate the operation to Colorado.
Maritime
BRIEFS
From Wire and Staff Reports |
CANADA GRANTS CREDIT TOMEXICAN MINE OPERATIONOTTAWA - Canada is granting a US$75 million lin
Maritime
WTO RAPS JAPANESE IMPORT TESTS, US SAYS
Bridge News |
Japanese testing requirements for farm commodity imports violate World Trade Organization rules, U.S
Maritime
FEDEX UNVEILS ITS NEXT-FLIGHT SERVICE OPTION
William Armbruster |
Federal Express Corp. is giving shippers another option to speed the delivery of their overseas ship
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