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CORRECTION
JOC Staff |
A Page 1 story appearing Monday, June 15, 1998, headlined ''Gilchrest: We're ready to move on ship r
BRIEFS
From Wire and Staff Reports |
ITALIAN INSURER MAKESFORMAL OFFER FOR BANKMILAN - The Italian insurer Istituto Nazionale del
SEQUENT SIGNS EMERY FOR THREE MORE YEARS
Helen Atkinson |
Sequent Computer Systems Inc. of Beaverton, Ore., has renewed its three-year contract with Emery Wor
SPOT COMMODITIES
JOC Staff |
June 15, 1998Included are list prices of suppliers. Quotations do not necessarily represent
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 210.26 off 0.25 wh
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 12, 1998 Brent Crude Oil - (Dollars Per Barrel)
MIAMI POSTS SHARP RISE IN BOX TRAFFIC AND TONNAGE
Journal Of Commerce Staff |
Despite a political scandal that claimed its top official, container traffic and tonnage are up shar
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 12, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
MEXICAN CURRENCY CROSSES A PSYCHOLOGICAL BORDER \ AT 9 PESOS TO DOLLAR, EXPORTERS CAN COMPETE
Kevin G. Hall |
The Mexican currency has crossed the psychological barrier of more than 9 pesos to the dollar, a mov
EUROPEANS CLOSELY EYE FORTIS DEAL \ GENERALE BUY TO MAKE FIRM A BANKING POWER
Patricia Vowinkel |
The proposed $13 billion acquisition of Belgium's Generale Bank will give Dutch-Belgian financial se
DHL TO LAUNCH SMORGASBORD OF SERVICES COMBINING INTERNET WITH FASTER PICKUPS
Helen Atkinson |
DHL will soon launch its answer to Web-based customer services offered by Federal Express and United
EU ANTITRUST PANEL WEIGHS TACA FINES
Aviva Freudmann |
An advisory committee of antitrust officials from European Union member states met in Brussels Monda
EU LEADERS CONCENTRATE ON BUDGET PROBLEMS AT SUMMIT
Bruce Barnard |
European Union leaders were close Monday to launching negotiations to curb runaway farm subsidies an
EU FILES CHARGE OVER US ANTI-DUMPING LAW
John Zarocostas |
The European Union has launched proceedings at the World Trade Organization over its charge that the
Maritime
BRIEFS
From Wire and Staff Reports |
ATLAS AIR TO OPERATE747-400 FREIGHTER FOR BAAtlas Air has reached a long-term contract to pl
ISRAEL SELLS 49 PERCENT OF EL AL WILL MAINTAIN SATURDAY RULE
Kathryn Tong |
The Israeli government decided last week to sell 49 percent of El Al Israel Airlines on the Tel Aviv
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 15, 1998Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire and Staff Reports |
3RD MEXICAN BUDGET CUTRIDES ON OIL PRICESMEXICO CITY - Commerce Secretary Herminio Blanco sa
MARAD PICKS 10 FIRMS TO MANAGE RESERVE FLEET
Tim Sansbury |
The Transportation Department's Maritime Administration Friday awarded 10 companies a total of $1.1
RAIL FREIGHT GROWTH MODEST \ 1.4 PERCENT RISE TRAILS ROBUST US ECONOMY
Rip Watson |
Rail freight traffic continues to be relegated to modest growth that trails the buoyant U.S. economy
P&O TO ENTER LATIN SEA LANE \ CARRIER WILL JOIN PACT ON NORTH-SOUTH ROUTE
Terry Brennan |
The burgeoning ocean trade between the east coasts of the United States and South America will grow
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. New York. Water Street Gallery exhibits paintings by 20 ma
Maritime
DROUGHT HITS MEXICAN SUGAR CROP
Bridge News |
Dry weather this year is stressing Mexico's 1998-99 sugar crop and will take a bite out of productio
GASOLINE PRICES
JOC Staff |
June 12, 1998RESELLER RACK Unleaded Mid- Premium-Unle
DAILY PETROLEUM PRICES
JOC Staff |
Friday June 12, 1998Prevailing sellers' posted prices at the close of business, representing
CHANGE AHEAD FOR VALUING OF IMPORTS
Kevin G. Hall |
The U.S. Customs Service, concerned that it lacks sufficient internal controls, is planning big chan
BRIEFS
From Wire and Staff Reports |
WORLD BANK TO GIVETHAILAND $300 MILLIONBANGKOK - Thailand will receive $300 million from the
Maritime
HONG KONG OFFICIAL: CHINA WON'T DEVALUE
John Maggs |
Hong Kong's chief civil servant poured cold water on speculation that China would be forced to deval
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 12, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 210.51 off 0.78
SPOT COMMODITIES
JOC Staff |
June 12, 1998Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 11, 1998 Brent Crude Oil - (Dollars Per Barrel)
FIRST KOREAN LINE JOINS JAPAN-MED CONFERENCE
JOC Staff |
Hyundai Merchant Marine Co. said last week it became the first Korean shipping firm to join the Japa
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX \ JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug 1, 1997 - June 12, 1998 (a graph)* A
BRIEFS
From Wire and Staff Reports |
SWISS REJECT LIMITSON GENETIC FARM GOODSBERN, Switzerland - Afraid of surrendering Swiss lea
Maritime
CHINA SOON WILL ALLOW JOINT VENTURES WITH FOREIGN BROKERS
Gene Linn |
Overseas experts applaud a recent report that foreign insurance brokers will soon gain the right to
BALTIC FREIGHT INDEX
JOC Staff |
894 (June 12, 1998) Previous day - 887The Baltic International Freight Futures Market in Lon
Maritime
CHINA LIKELY TO GET A SHORT EXTENSION ON MARITIME AGREEMENT
Tim Sansbury |
U.S.-China maritime relations are in bad shape, but not so bad that the two countries will allow the
ANTI-THEFT SENTENCING EFFORT SAILS INTO PORT
Chris Barnett |
The intensifying national movement to combat cargo theft has put new pressure on Washington, where N
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