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CN, IC SUBMIT MERGER PROPOSAL \ CN'S TELLIER SAYS THE DEAL IS "WITHOUT SIDE EFFECTS'
Rip Watson |
Canadian National Railway Co. and Illinois Central Corp. launched their bid for regulatory approval
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SHIPPERS' DELIGHT: MARKET FORCES PUT EU ON COURSE TO CHECK PORT SUPREMACY
Bruce Barnard |
An unlikely double act of bureaucrats and business executives is forcing Europe's seaports to finall
TEXAS PORT BEGINS FIGHT FOR GULF TRAFFIC
Kevin G. Hall |
Officials and consultants in Texas City today plan to take the wraps off a study they feel could tur
BALTIC FREIGHT INDEX
JOC Staff |
845 (July 16, 1998) Previous day - 845The Baltic International Freight Futures Market in Lon
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 16, 1998Baltic International Freight Futures Market PREV.CLOSE HIGH LOW
Maritime
BRIEFS
From Wire and Staff Reports |
UNISYS SIGNS CONTRACTWITH BEIJING AIRPORTNEW YORK - Unisys Corp. said it signed a contract w
Maritime
QUESTIONING THE USE OF JUNK BONDS \ INVESTORS THINK INDUSTRY COULD BE TOO FAT, TOO FAST
Lawrence Richter Quinn |
Has the shipping industry gotten too fat too quickly on its junk bond offerings?That's a que
Maritime
GASOLINE PRICES
JOC Staff |
July 16, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
BN REINS IN GRAIN EXPECTATIONS \ LETTER WARNS SHIPPERS OF CAPACITY LIMITATIONS
Rip Watson |
Burlington Northern and Santa Fe Railway is making an apparent effort to tamp down shippers' expecta
TEAMSTERS VOTE DEAL HITS SNAG OVER FUNDS
Associated Press |
A deal to partially fund the Teamsters election hit a snag Wednesday, forcing the Justice Department
BRIEFS
From Wire and Staff Reports |
YELLOW COMPLETES SALEOF PRESTON TO EXECUTIVESOVERLAND PARK, Kan. - Yellow Corp. has closed t
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of July 16, 1998Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire and Staff Reports |
SAN FRANCISCO SUES UNITOF OLD REPUBLIC FOR FRAUDSAN FRANCISCO - The city of San Francisco ha
ELECTRONIC NETWORKS SPEAK SAME LANGUAGE
Sarah Holmes |
A single electronic network for the world's insurance industry may be available by year's end, makin
GERMAN AUTO INDUSTRY DRIVING INTO RECORD BOOKS \ GLOBALIZATION LEADS TO GREATER OUTPUT, EXPORTS
Robert Koenig |
Germany's auto industry, which has turned the corner after making the wrenching turn toward globaliz
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 16, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24
SUHARTO'S SON RESIGNS FROM PETROCHEMICAL FIRM
Bridge News |
A son of ousted Indonesian President Suharto, Bambang Trihatmodjo, has resigned as president of the
UNION PACIFIC BOASTS OF IMPROVEMENTS DESPITE DELAYS IN SOUTHERN CALIFORNIA
Rip Watson |
Union Pacific Railroad believes its systemwide operations are improving, though congestion is mounti
BRIEFS
From Wire and Staff Reports |
BIS OPENS OVERSEASOFFICE IN HONG KONGHONG KONG - The Bank of International Settlements opene
Maritime
REPORT CARD: SMALL FIRMS HAVE SOME BIG DRAWBACKS
Sherwood Ross |
Is it beneficial to work for a small company?''Small may be beautiful in many arenas, but it
PRICELINE MAKES CYBERSPACE THE FINAL FRONTIER FOR BUYING CHEAPER PRODUCTS
Alan Abrams |
Yep, William Shatner is back. No, I'm not talking about his science fiction ''Tek War'' books or his
JURISDICTION LATEST HOLDUP ON DEREGULATION BILL
Tim Sansbury |
Opinions are pouring into the House Judiciary Committee about the wisdom of holding up a floor vote
WAVE OF STRIKES HITS KOREAN SHIPYARDS
P.T. Bangsberg |
Just as South Korea's shipbuilders began to get up a head of steam, they fell victim to a nationwide
US LAUDS AVIANCA'S ANTI-SMUGGLING EFFORT
Kevin G. Hall |
After years of conflict with U.S. Customs, Colombian flagship airline Avianca has been honored for i
BRIEFS
From Wire and Staff Reports |
TRAINSGREENBRIER REPORTSINCREASE IN INCOMELAKE OSWEGO, Ore. - Greenbrier Cos
SPOT METALS PRICES
JOC Staff |
COMMERCIAL QUANTITYAluminum ingots_ $1,500-$1,600 per ton lo
RUSSIA SWEETENS POT FOR BEET GROWERS
John Helmer |
The Russian government is to raise the duty on imported sugar to 75 percent, at least until next Jan
CHINA FLIES TO RESCUE OF HONG KONG AIRPORT
P.T. Bangsberg |
China has finally moved to help Hong Kong cope with the air cargo debacle caused more than a week ag
BRITANNIA RULES THE INVESTOR WAVES \ RECORD LEVELS OF FOREIGN FUNDS FLOW INTO NATION
Aviva Freudmann |
France and Germany may be the twin engines of the European Union, but Britain leads Europe when it c
CLINTON WINS TIME IN SHOWDOWN OVER RUSSIA SANCTIONS
Michael S. Lelyveld |
The White House won a two-day delay in a House showdown over Russia's missile sales to Iran, citing
DOLLAR MOVES HIGHER AGAINST YEN BUT NOT DEUTSCHE MARK
Wire And Staff Reports |
Foreign exchange market updates are posted three times a day on our Internet site, http://www.joc.co
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* MARINE ENGINE. 60 to 80 kV. Priorities to Germany, Italy and Britain.
Maritime
EARNINGS
From Wire and Staff Reports |
MGIC INVESTMENT POSTS18 PERCENT QUARTERLY NET RISEMILWAUKEE - MGIC Investment Corp. has repo
COMMENT SOUGHT ON BARGE ROUNDUP
Gene Linn |
The Coast Guard is asking for public comments on the implementation of a law that will require tow b
Maritime
NANJING READY TO BUILD NEW CONTAINER FACILITIES
P.T. Bangsberg |
New container-handling facilities are poised to be built at Nanjing, capital of China's eastern Jian
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
845 (July 15, 1998) Previous day - 846The Baltic International Freight Futures Market in Lon
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Schedule<
Maritime
KAZAKSTAN RULING FACES APPEAL
Gordon Platt |
Trans-World Group, a British-based primary metals firm with global operations (including aluminum an
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 14, 1998Prev. Life of Contr. OpenOpen High
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