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CATHAY PACIFIC MAY CUT ANOTHER 1,000
Associated Press |
In the latest blow to Hong Kong's ailing economy, Cathay Pacific Airways is reportedly planning to c
DOLLAR DECLINES AGAINST YEN ON TALK G-7 MAY INTERVENE
Wire And Staff Reports |
Foreign exchange market updates are posted three times a day on our Internet site, http://www.joc.co
CLINTON ACTS TO CUT EXPORTS OF WHEAT GLUTEN FROM EU
John Maggs |
President Clinton acted to restrict European Union exports of wheat gluten, a sticky extract used to
Maritime
COAL TERMINAL REPORT
JOC Staff |
June 1, 1998This table shows the vessels scheduled to call at U.S. coal terminals and the es
TRANSPORT INDEX FALLS 3 PERCENT, TRAILS THE DOW
Alice Cantwell |
The Journal of Commerce's Transportation stock index fell 3.11 percent, to 4710.65.63 last week as a
YELLOW SELLING AILING UNIT TO ITS EXECUTIVES
Gregory S. Johnson |
Yellow Corp., after enduring years of slim margins, is throwing in the towel on its financially aili
WTO MEMBERS TO MISS HARMONIZATION DEADLINE
John Zarocostas |
Negotiators from 132 countries have accepted that they will not meet the July 20 deadline to agree o
Maritime
QUOTE TO NOTE
Gus Owen, Vice chairman, Surface Transportation Board |
'I see no reason to recuse myself.'
Maritime
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
CENTRAL AMERICA THINKS MULTIMODAL
Emma Griffiths |
Central America is hoping to overcome corruption, excessive bureaucracy and incomplete infrastructur
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday June 1, 1998Prevailing sellers' posted prices at the close of business, representing
FMC STARTS PROBE OF PACIFIC RATE PRACTICES
Tim Sansbury |
The Federal Maritime Commission, in announcing an investigation of trans-Pacific shipping practices,
RAILROADS FAIL TO REACH SERVICE, RATE AGREEMENT
Rip Watson |
Large and small railroads, after weeks of closed-door talks, have failed to reach agreement on comme
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 1, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 25.00
BRIEFS
From Wire and Staff Reports |
VIAGRA CLEARED BYEUROPEAN PANELNEW YORK - Pfizer Inc.'s impotence drug Viagra cleared one of
Maritime
BRITAIN SEES TRADE DEFICIT SHRINK BUT CONCERNS CONTINUE
Reuters |
Britain's trade deficit with the rest of the world shrank to 1.5 billion pounds ($2.4 billion) in Ma
Maritime
BIG FOUR, BIG TROUBLES
Bruce Barnard |
Times are changing for Europe's ''Big Four.''London, Frankfurt, Paris and Amsterdam continue
CALENDAR
JOC Staff |
International Air Transport Association. June 7-9. Montreal. Annual general meeting. Contact: Anne P
LARGEST SHIP FIRM IN INDIA SAW PROFIT INCREASE 7 PERCENT IN YEAR
N. Vasuki Rao |
India's largest shipping company, bucking adverse market conditions, posted a 6 percent increase in
Maritime
CARGO WATCH: HOUSTON \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Feb. March April May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.97 97 97 97
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 29, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
AIRLINES MAY BE NEXT TARGET OF TRUSTBUSTERS
Michele Kayal |
First Microsoft - now the airline industry?The Clinton administration has blazed a bold trus
AYRES CLOSE TO CLINCHING CZECH DEAL
William Armbruster |
Ayres Corp. expects to complete a deal to acquire a 93 percent interest in LET, a Czech aircraft ma
INTERNATIONAL BUNKER PRICES
Journal Of Commerce Special |
The following fuel oil prices are for the week ending May 27, 1998 as supplied by the bunker fuel de
BANK OFFICIALS IN POLAND FOR COAL LOAN TALKS
Bridge News |
A World Bank mission arrived in Poland on Monday to discuss possible funding for a government plan t
SPOT COMMODITIES
JOC Staff |
June 1, 1998Included are list prices of suppliers. Quotations do not necessarily represent p
NEW DELAYS AT PANAMA CANAL
Emma Griffiths |
The draft at the Panama Canal appears to be heading back to normal, but the waterway now has a diffe
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
LOTT: IMF HAS THE FUNDS NEEDED FOR RUSSIA BAILOUT \ SENATOR TURNS DEAF EAR TO CLINTON'S ENTREATY
John Maggs |
The International Monetary Fund doesn't need any more money to bail out the Russian economy and Cong
Maritime
INSURERS WARNED: TECHNOLOGY HAS NO QUICK Y2K FIX
Journal Of Commerce Staff |
''Technology has no quick fix for solving the Y2K problem,'' warned William C. Hartnett, worldwide f
TRANSPORTATION STOCK INDEX
Bridge News |
COMPANY PERFORMANCEWeeklyFriday's Percentage P/E 52-Week 52-WeekS
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* SKIWEAR AND ACCESSORIES. All kinds. European brands and designs. Please suppl
Maritime
INDIAN MULTI-MODALER BUYS CONTAINER FLATS
N. Vasuki Rao |
A state-owned Indian multi-modal operator acquired state-of-the-art container flats capable of opera
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 18, 1997 - June 1, 1998 (a graph)*
PAKISTAN BAN CALLED THREAT TO US FARMS
John Wright |
Bob Smith, chairman of the House Committee on Agriculture, urged President Clinton last week to exem
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 1, 1998Quotations are based on prices reported in the market or obtained from sup
TELECOM STANDARDS OK'D
Journal Of Commerce Special |
Telecommunications standards organizations from the United States, Europe and Japan have reached an
Maritime
SMALLER AIRPORTS MAKING A BIG PLAY FOR CARGO SHIPMENTS
Bruce Barnard |
Europe's smaller airports have finally made a breakthrough in the battle for cargo.Liege Air
UP FINANCIAL OFFICER RESIGNS IN WAKE OF LOSS FORECAST
Journal Of Commerce Staff |
Union Pacific Corp. announced Monday that L. White Matthews III, executive vice president for financ
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