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RUBIN "DEEPLY CONCERNED' ABOUT YEN'S WEAKNESS \ JAPAN URGED TO ACT TO REFORM BANKING SECTOR
Knut Engelmann |
U.S. Treasury Secretary Robert Rubin said Wednesday he was ''deeply, deeply concerned'' about the Ja
DOLLAR GAINS AGAINST MARK AND CUTS BACK LOSSES ON THE YEN
Wire And Staff Reports |
* Noon Wednesday - The U.S. dollar trimmed its losses against the yen and added to its gains against
UP MAKES LAST STAND IN HOUSTON \ DEADLINE IS NEXT WEEK FOR INPUT TO TRANSPORT BOARD
Rip Watson |
Shippers, local interests and railroads in the Houston area are about to place their final bets in a
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
EU CENTRAL BANKER VOWS POLICY OVER STATE POLITICS
Ian Mader |
The new European Central Bank must stay above national interests and speak with one voice when setti
BRIEFS
From Wire and Staff Reports |
US TRADE DEFICIT SOARINGTO RECORD WITH CHINASHANGHAI - The U.S. trade deficit with China cou
Maritime
DATA TECHNOLOGY TALKS FAIL TO MEET DEADLINE
John Zarocostas |
Chief negotiators from 44 countries failed Wednesday to reach a successful outcome in global talks h
Maritime
FEDEX EXITS SUBIC BAY AS PHILIPPINE DISPUTE FLARES \ STANDOFF SHUTS THE FORMER BASE
P.T. Bangsberg |
The president of the Philippines was in office only hours before facing his first big challenge: Who
QUOTE TO NOTE
David Gilmore, Partner, Foreign Exchange Analytics, commenting |
'The safety net is starting to have some serious holes.'
Maritime
BRIEFS
From Wire and Staff Reports |
INDIAN MINISTER SAYSWORLD BANK OKS LOANSNEW DELHI - India's Finance Minister Yashwant Sinha
Maritime
ASIAN STEELMAKERS CATCH THE "FLU
John Zarocostas |
The Asian crisis has forced steel producing nations in the region to suspend new steelmaking capacit
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
API WEEKLY REPORT \ INVENTORIES OF CRUDE OIL ROSE 2 MILLION BARRELS IN LATEST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories rose almost 2 million barrels in the week ended June 26, as compared with
TRUCKING INDUSTRY GOES THE EXTRA MILE TO ATTRACT DRIVERS
Jennifer Batog |
After seven years in management with his trucking company, Joe Roeske is back behind the wheel hauli
CANADA UTILITY TO FIGHT PAKISTAN DECISION \ GOVERNMENT CANCELS PURCHASE CONTRACTS
Allan Dowd |
The Canadian developers of a power plant in Pakistan vowed Tuesday to fight Pakistan's decision to c
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 1, 1998Prevailing sellers' posted prices at the close of business, representi
BRIEFS
From Wire and Staff Reports |
CSX SELLS ACL UNITTO INVESTMENT COMPANYRICHMOND, Va. - CSX Corp. closed the sale of its Amer
TRANSPORTATION INSTITUTE'S HERBERT BRAND DIES AT 84
Journal Of Commerce Staff |
Herbert Brand, chairman of the Transportation Institute, a U.S. shipping industry association based
UNION PROTESTS INFERIOR SHIPPING REGISTRIES
Bruce Barnard |
The International Transport Workers Federation today will launch a round-the-world campaign against
BRIEFS
From Wire and Staff Reports |
SCHENKER WINSBUNDY CORP. CONTRACTFREEPORT, N.Y. - Schenker International Inc. won a contract
PATH IS CLEARED TO REDEVELOP PANAMA RAILWAY
Emma Griffiths |
Work is set to start on redeveloping the historic Panama Canal Railway after the resolution of a lab
PROACTIVE "BAND-AID' PLUGS LEAKS
Ashli E. Mulholland |
Houston inventor Floyd Riddell says he's come up with a way to stop oil leaks from tankers. It's a 1
Maritime
NEW MALAYSIAN AIRPORT RECEIVES MIXED REVIEWS \ FACILITIES ARE PRAISED, RENTAL CHARGES BLASTED
P.T. Bangsberg |
Despite some first-day terminal chaos at Malaysia's new international airport, air express companies
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of July 1, 1998Quotations are based on prices reported in the market or obtained from sup
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CERES TERMINALS INC.Patrick McBrearty was named vice president. He will be responsible for s
Maritime
CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. New York. Water Street Gallery exhibits paintings by 20 ma
Maritime
MALAYSIAN LINE SEEKS PARTNER FOR GROWTH
P.T. Bangsberg |
After earnings dropped last year, a Malaysian shipping company is looking for partnerships to expand
Maritime
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* CEPHALOSPORIN PRODUCTS, CEPHOPERAZONE SODIUM. Our end users are in demand of
Maritime
ALLIANCE GETS NEW LOGO AND HEADQUARTERS \ INDUSTRY GROUP SEEKS TO BUILD BRAND AWARENESS
From Staff And Wire Reports |
In a move to better distinguish its products and services, the Alliance of American Insurers has a n
COMPAQ STREAMLINES MANUFACTURING \ PARENT, TWO UNITS TO MERGE OPERATIONS
Helen Atkinson |
Giant Compaq Computer Corp. will merge the manufacturing operations worldwide of Digital Equipment a
Maritime
US, EUROPEAN COUNCILS TO WORK TOGETHER
From Wire And Staff Reports |
Representatives of the U.S.-based International Insurance Council and the Paris-based European Insur
STUDY: P/C INSURERS STILL IN THE MONEY \ ISO CITES WALL STREET GAINS, FEWER DISASTERS
Ronald Gift Mullins |
Two special factors - a lower level of catastrophe losses and higher capital gains profit-taking - h
BRIEFS
From Wire and Staff Reports |
RISK CAPITAL RE BUYSSTAKE IN STOCKTONGREENWICH, Conn._ Risk Capital Reinsurance Co., a wholl
FRANCE SELLS FIRM FOR $2.5 BILLION \ GAN AND GROUPAMA FORM NO. 2 INSURER
Sarah Holmes |
French mutual insurer Groupama has won the race to buy French state insurer Groupe des Assurance Nat
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 214.63 up 1.40 wh
SPOT COMMODITIES
JOC Staff |
July 1, 1998Included are list prices of suppliers. Quotations do not necessarily represent p
GASOLINE PRICES
JOC Staff |
July 1, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEA
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 1, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24.
RUSSIAN OFFICIALS CONTINUE TO POUND EACH OTHER OVER PALLADIUM TRADE
John Helmer |
Russian palladium supplies, the primary source for world demand, face an uncertain future, as offici
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 30, 1998 Brent Crude Oil - (Dollars Per Barrel)
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