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QUAKE PROGRAM UNDER FIRE CONSUMER ADVOCATE WARNS OF INEFFICIENCY
Ron Lent |
Touching off a firestorm of controversy, a consumer advocate this week questioned the solvency of th
GROUP TO BUY WILLIS CORROON
Reuters |
An investment group led by Kohlberg Kravis Roberts and including five insurance companies has agreed
HOUSE LEADERS POSTPONE CLASH OVER IMF FUNDS
William Roberts |
House Republican leaders, sharply divided over whether to provide funds to recapitalize the Internat
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
SPOT COMMODITIES
JOC Staff |
July 21, 1998Included are list prices of suppliers. Quotations do not necessarily represent
MERCOSUR SEEKS NEW REGIME FOR AUTO INDUSTRY \ SMALLER MEMBERS HIT BRAZIL'S ROLE IN TALKS
Kevin G. Hall |
The big neighbor to the north keeps making decisions to serve its own economic interests, instead of
UN ATOMIC AGENCY FUNDING THREATENED
Michael S. Lelyveld |
The United States would withdraw support from the International Atomic Energy Agency under sanctions
Maritime
MAERSK, SEA-LAND CATCH TERMINAL-ITIS
Paul Richardson |
Maersk Line and Sea-Land Service Inc. are in talks to create a container terminal at the rapidly exp
Maritime
INSURER-FUNDED STUDY SLAMS INTO UTILITY VEHICLE BUMPERS
Reuters |
Utility vehicles, promoted to potential buyers as strong and able to climb mountains, have very weak
SPOT PRODUCT PRICES
JOC Staff |
July 21, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 21, 1998 Brent Crude Oil - (Dollars Per Barrel)
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 5, 1997 - July 22, 1998 (a graph)*
DOCKWORKERS REFUSE TO WORK IN OAKLAND
Bill Mongelluzzo |
Longshoremen Wednesday morning shut down the Port of Oakland, Calif., in a dispute with waterfront e
YES, JOAN. THERE REALLY IS A MALL. YOU AND FRIENDS MUST BELIEVE
Alan Abrams |
Initial reports were that teen-age America was in a panic. It all started as soon as Time Magazine's
GASOLINE PRICES
JOC Staff |
July 22, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLE
INDEPENDENT OIL PRODUCERS PRIME CONGRESSIONAL PUMP
Paul Thomasch |
Charlie Seely, owner of a small independent oil production company in Texas, figures he's losing $3
ASIA CLIPS GLOBAL AIR CARGO'S WINGS
John Zarocostas |
Global air cargo traffic, feeling the bite of Asia's economic crisis, increased just 1.7 percent in
SUBIC BAY GETS IMAGE TARNISHED AS TWO VIE FOR CONTROL OF ZONE
P.T. Bangsberg |
The Subic Bay free-port and industrial zone now has two chief executives, with the ''official'' one
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
847 (July 22, 1998) Previous day - 850The Baltic International Freight Futures Market in Lon
Maritime
CARGO WATCH: PORTLAND, ORE. \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May97 97 97 97 97
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
DOLLAR SURGES AS TRADERS SEE THEIR CANDIDATE SLIP IN JAPAN
Wire And Staff Reports |
* Noon Wednesday - The U.S. dollar surged against the yen, as the market realized its favorite candi
API WEEKLY REPORT \ US CRUDE OIL INVENTORIES INCREASED BY NEARLY 7 MILLION BARRELS IN LATEST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories rose almost 7 million barrels in the week ended July 17, as compared with
CUSTOMS UNRAVELS DOUBTS ABOUT ORIGIN RULE FOR KNITS \ DECISION MAINTAINS DIFFERENCE FROM WOVENS
Paula L. Green |
U.S. importers can breathe a little easier now when they import hundreds of millions of dollars of s
Maritime
BRIEFS
From Wire and Staff Reports |
FIAT WINS POLISH PACTTO PROVIDE FAST TRAINSMILAN - Fiat Ferroviaria, a unit of Italian indus
Maritime
BOARD URGES TIGHTER AIR CARGO OVERSIGHT
Reuters |
Air safety investigators said Tuesday the transportation of undeclared hazardous materials on airpla
STATE FARM OFFERS HOMEOWNERS INSURANCE ONLINE VIA INSWEB
Wire Reports |
State Farm began selling homeowners insurance through InsWeb, the first online marketplace to offer
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 21, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
BRIEFS
From Wire and Staff Reports |
JAPANESE AIRLINE BEGINSSERVICE TO CHINESE ZONEXIAMEN, China - A Japan Air Transportation Co.
WEAPONS FACTORY OPENS IN MYANMAR
From Wire Reports |
Singapore has shipped a prefabricated arms factory to Myanmar and the junta there is already produci
Maritime
ARROW FINED FOR SALES OF UNINSPECTED PARTS
Associated Press |
Cargo carrier Arrow Air paid $5 million in penalties Tuesday for selling uninspected jet parts and c
FREIGHT RATE FUTURES
JOC Staff |
July 22, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
EARNINGS
From Wire and Staff Reports |
ALLSTATE'S PROFIT SOARED37.6 PERCENT IN 2ND QUARTERNORTHBROOK, Ill. - Second-quarter consoli
RIVAL DEVELOPERS FOLLOW THE MONEY
Charles W. Thurston |
Major U.S. developers like Bechtel Enterprises and Fluor Daniel are carrying the U.S. flag into the
Maritime
CLEANING UP A TARNISHED IMAGE
Kevin G. Hall |
Dubbed the ''Port of Least Resistance'' because of spotty control over security, Port Everglades now
FERRY FOR SAN FRANCISCO AIRPORT FEASIBLE, STUDY SAYS
Richard Knee |
A water ferry to shuttle cargo and passengers to and from San Francisco International Airport seems
Maritime
EU, US TRADE OFFICIALS TAKE DIFFERENT TACKS ON TEXTILE TRANSSHIPMENT, QUOTAS
Paula L. Green |
On this side of the Atlantic, the topic of textile transshipments doesn't make tempers flare and hyp
HONG KONG NAMES SWISS UNIT TO HANDLE DIVERTED AIR CARGO
P.T. Bangsberg |
Hong Kong customs appointed the local unit of Swiss-based Societe General de Surveillance to handle
ALLSTATE REVS UP AUTO FRAUD SUIT
From Wire Reports |
Allstate Insurance Co. filed a lawsuit Tuesday against two people and a Philadelphia firm seeking mo
BRIEFS
From Wire and Staff Reports |
BEAUMONT PORT'S VOLUMEUP 44 PERCENT IN 1ST QUARTERBEAUMONT, Texas - Cargo volume at the Port
Maritime
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