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FORECAST: US TRADE DEBT TO RISE $35 BILLION
Martin Crutsinger |
Economic troubles in South Korea, Indonesia and five other hard-hit Asian countries will result in a
Maritime
SECURITY PROTECTS PROFIT
Kevin G. Hall |
Who says crime doesn't pay? For Harold Frank, it pays so well he has built a successful business.
SECURITY TIP \ WHAT IMPORTERS AND EXPORTERS SHOULD ASK:
JOC Staff |
* Is my air cargo carrier a member of the Supercarrier Initiative, the Business Anti-Smuggling Coali
CASH CRUNCH MAY FORCE SALE OF CANADA'S ARAKIS ENERGY
Jeffrey Jones |
Arakis Energy Corp.'s efforts to raise enough money to fund its share of a major oil development in
CARIBBEAN COUNTRIES ARE LOOKING TO THE SKY TO SWELL THEIR COFFERS
Canute James |
Caribbean countries will try to gain more from the use of their airspace by international airlines.<
WINNPORT LOGISTICS IN DEAL WITH UNISYS
Journal Of Commerce Staff |
Winnport Logistics Ltd., a Canadian transportation consortium, has signed a 10-year, $5 million cont
EU CLEARS BA-AMERICAN AIRLINES ALLIANCE FOR TAKEOFF
Bruce Barnard |
British Airways and American Airlines said their long-delayed alliance was close to takeoff Wednesda
BANGLADESH DEVALUES CURRENCY BY 1.7 PERCENT
N. Vasuki Rao |
Bangladesh devaluated its currency, the taka, by 1.7 percent against the U.S. dollar to encourage ex
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 7, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH LO
RAILROADS: WE'LL TRY TO DO OUR BEST IN THE FALL
Bill Mongelluzzo |
Railroads are assuring shippers they will be ready for the peak shipping season - but only up to a p
BRIEFS
From Wire and Staff Reports |
INDIA OKS DREDGINGOF TUTICORIN CHANNELNEW DELHI - The Indian government approved a proposal
CORPORATE INVESTORS UPSTAGE LLOYD'S NAMES
Sarah Holmes |
The future for the Names of Lloyd's of London looks increasingly bleak as these traditional, individ
BALTIC FREIGHT INDEX
JOC Staff |
841 (July 8, 1998) Previous day - 837The Baltic International Freight Futures Market in Lond
Maritime
CHINA'S METHANE LURES US FIRMS
P.T. Bangsberg |
U.S. companies are taking a strong position in what China hopes will be another step toward cleaner
COMMISSION READIES FINES FOR TACA MEMBERS
Aviva Freudmann |
The European Commission is expected to decide by July 22 on fines to be imposed on members of the Tr
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 22, 1997 - July 8, 1998 (a graph)*
MURPHY'S LAW TAKES OVER AT NEW AIRPORT
Carla Rapoport |
Despite the undisputed majesty of the new Hong Kong International Airport at Chek Lap Kok, just abou
BRIEFS
From Wire and Staff Reports |
MEXICO POSTS NARROWERREVISED TRADE DEFICITMEXICO CITY - Mexico's monthly trade deficit was n
Maritime
SHIPPERS TO JUDGE: TIME LIMITS DON'T APPLY TO TAX REFUNDS
Jack Lucentini |
Exporters seeking refunds of the harbor maintenance tax have asked a judge to reject the statute of
ONCE A BYSTANDER, THE MEDITERRANEAN SEA LANES WILL BE TRADING ONCE AGAIN
Paul Richardson |
Westbound volume growth on the Asia-Mediterranean trade lanes is expected to increase some 9 percen
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 8, 1998Prevailing sellers' posted prices at the close of business, representi
AFTER 30 YEARS, LOCAL FARMERS STILL BLOCK COMPLETION OF TOKYO AIRPORT
Martin Fackler |
Shoji Shimamura will never forget the day in 1966 when the government said it wanted to tear down hi
PUERTO RICAN TRADE TO START UP AGAIN FOLLOWING TWO-DAY NATIONWIDE STRIKE
Kevin G. Hall |
Transportation companies expect to return to business as usual today following a two-day general str
DOLLAR RISES ON FEAR OF RUBLE DEVALUATION, JAPANESE INACTION
Wire And Staff Reports |
Foreign exchange market updates are posted three times a day on our Internet site, http://www.joc.co
SINGAPORE ECONOMIC DATA SEEN CONFIRMING SLOWDOWN \ EXPORTS EXPECTED TO CONTINUE THEIR DECLINE
Yeong Choy Leng |
With fears renewed over Singapore's economy following Premier Goh Chok Tong's grim outlook that the
HUNGARY PRAISED FOR MARKET REFORMS
John Zarocostas |
The world trading community praised Hungary Wednesday for its determination in opening its markets a
Maritime
STUDY: EMPLOYERS USUALLY WIN DISABILITIES CLAIMS CASES
Ron Lent |
A new study shows that, surprisingly, employers win most cases involving employee complaints about a
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 213.82 up 0.43 wh
EU OFFICIAL ASKS US TO EASE SANCTIONS
Associated Press |
Congress should pass legislation to ease U.S. restrictions on multinational companies doing business
CITICORP, TRAVELERS MUST CROSS-SELL TO RETAIL CUSTOMERS FOR SAKE OF BOTTOM LINE
Mary Kelleher |
The ultimate success of the record $70 billion planned merger of Citicorp and Travelers Group Inc. m
QUOTE TO NOTE
Douglas Tweddle, Director of compliance and facilitation World |
'There are almost 150 members of the World Customs Organization, and 150 sets of customs procedures.
Maritime
GASOLINE PRICES
JOC Staff |
July 8, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEA
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 8, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 24.00
TRADE OFFICIALS PUT OFF ACCORD ON RULES OF ORIGIN \ DEADLINE PUSHED BACK TO NOVEMBER 1999
John Zarocostas |
Trade officials from 132 nations met Wednesday to set November 1999 as the new deadline for reaching
Maritime
BRIEFS
From Wire and Staff Reports |
SENATE TAKES UP BILL ONSMALL-BUSINESS LIABILITYWASHINGTON - Legislation placing a $250,000 l
DALEY TAKES THE OFFENSIVE AGAINST SANCTIONS
Michael S. Lelyveld |
Capitalizing on President Clinton's successful trip to China, Commerce Secretary William Daley launc
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* SUPERIOR KEROSENE OIL. Our buyer wants to import 9,500 metric tons of SKO. De
Maritime
BOXED-IN IN ASIA
Tom Baldwin |
It is an image that frightens shippers. Cargoes of freshly stitched and newly creased blazers are tr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 8, 1998Baltic International Freight Futures Market Prev.Close High
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. New York. Water Street Gallery exhibits paintings by 20 ma
Maritime
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