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PANAMA AGENCY ISSUES NEW DRAFT RESTRICTIONS
Bridge News |
The Panama Canal Commission announced new draft restrictions Tuesday, reversing last month's raising
Maritime
INTERNATIONAL, MULTIMODAL ARE NEW BYWORDS \ IMCS BECOME GLPS AS INDUSTRY BROADENS SCOPE
Russ Banham |
In freight transportation, where speed is critical, even the language can become passe fast. As one
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 5, 1998Quotations are based on prices reported in the market or obtained from supp
SPOT COMMODITIES
JOC Staff |
May 5, 1998Included are list prices of suppliers. Quotations do not necessarily represent pr
CHINA FACES MORE TEXTILE PENALTIES
Paula L. Green |
The U.S. government, saying it has evidence that Chinese-made goods were shipped illegally through H
MARKET DROP SPURS SEATTLE PORT ACTION
Bill Mongelluzzo |
Stung by a loss of market share and hoping to keep Tacoma and Vancouver, British Columbia, at bay, t
SENATE AIDE TAPPED FOR MARAD POST
Tim Sansbury |
A Senate aide known primarily for his rail expertise has been chosen to lead the Transportation Depa
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
DOLLAR FALLS TO 3-MONTH LOW AGAINST D-MARK
Wire And Staff Reports |
* Noon Tuesday - The U.S. dollar fell to a three-month low against the Deutsche mark and weakened sh
ICI PLANT OPENS IN PAKISTAN
N. Vasuki Rao |
Pakistan's Prime Minister Nawaz Sharif opened a $500 million purified terephthalic acid (PTA) plant
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 27, 1997 - May 5, 1998 (a graph)* A
SHARP RISE IN FUEL PRICES SPURS RIOTS IN INDONESIA
Christopher Torchia |
Thousands of rioters burned cars and a warehouse in a Sumatran city, and students protested in the c
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
BRIEFS
From Wire and Staff Reports |
NORANDA NOT SUREON COPPER MINE TALKSMONTREAL - The consortium bidding for Zambia's two bigge
WATER, WATER EVERYWHERE AND NOT A DROP TO EXPORT _ THAT'S THE GOAL OF CANADA
Courtney Tower |
The Canadian government is looking for a law, any law that works, to put a cork in plans to export w
Maritime
BRIEFS
From Wire and Staff Reports |
LEBANON: MCDONALD'SCAN IMPORT POTATOESBEIRUT - McDonald's has negotiated an agreement with t
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 225.76 up 1.10 whi
GERMANS WOO CHINA WITH BIG TRADE SHOW
Robert Koenig |
Armed with ''gummy bear'' candies, high-tech toilet flushers and the new Volkswagen ''Beetle,'' Germ
Maritime
CLARIFICATION
JOC Staff |
An article headlined ''Freight rates set to fly for goods air-shipped to Israel,'' which appeared Ap
HEAVY METAL PRODUCTION STAGES COMEBACK IN US \ SIX-YEAR STEEL SALES SHOW UPWARD TREND
Tom Baldwin |
Steel, tempering the sword and toning the plowshare, is back.Steelmaking is rebounding and o
Maritime
EU ASKING MEMBER NATIONS TO APPROVE US AIR CARGO TALKS
Bruce Barnard |
The European Union is seeking the go-ahead from its member governments to start talks with the Unite
US APPROVES 39 FOR IMPORTS OF SHRIMP
Andrea Shalai-Esa |
The United States said Monday it will continue to import shrimp from 39 nations that meet a U.S. law
Maritime
BRIEFS
From Wire and Staff Reports |
CHUBB, SHANGHAIUNIVERSITY SIGN PACTMALVERN, Pa. - Chubb Corp., the American Institute for CP
BREW-HAHA
Journal Of Commerce Special |
The high cost of shipping empty bottles has caused Hawaii's biggest-selling microbrewery to move its
EARNINGS
From Wire and Staff Reports |
SELECTIVE INSURANCE SEESDROP IN NET INCOMEBRANCHVILLE, N.J. - Selective Insurance Group, Inc
CITIGROUP TO AID COMMUNITIES \ LOWER-INCOME AREAS TO GET LOANS, INVESTMENTS
Wire And Staff Reports |
With the ink barely dry on their planned nuptials, Citibank and Travelers Group have together announ
TMM'S RAIL INVESTMENT DROVE FIRST-QUARTER LOSS
Mary Sutter |
Transportacion Maritima Mexicana reported a net loss of $11.3 million for the first quarter of 1998
PEOPLE ON THE MOVE
From Wire and Staff Reports |
TRAVELERS GROUPJohn B. Stites has joined Travelers Property Casualty as vice president of Tr
HYUNDAI, MSC SHIFT SERVICE IN BOSTON
Journal Of Commerce Staff |
The North Atlantic service operated by vessel-sharing partners Hyundai Merchant Marine and Mediterra
Maritime
CARGO AIRLINES WARNED: STREAMLINE OPERATIONS \ EFFICIENCY NEEDED FOR CARRIERS TO SURVIVE
Michele Kayal |
Traditional air freight haulers are about to get clobbered by sleeker operations, experts warn, unle
CAN THIS RELATIONSHIP BE SAVED? PROVIDERS TRY TO WOO SHIPPERS \ LINGERING PROBLEMS AND LONG MEMORIES
Robert J. Bowman |
Gridlock in the nation's rail system last year gave intermodal services a black eye.Now, int
STB REJECTS SHIPPER COMPETITION PROPOSALS
Journal Of Commerce Staff |
The Surface Transportation Board rejected proposals from nearly a dozen shipper groups to reverse th
INSURERS FIND WAYS TO PROFIT IN ASIA \ CURRENCY ILLS FORCE MARKETS TO OPEN FASTER
P.T. Bangsberg |
Currency turmoil and sharply crimped economic growth in many parts of Asia present underwriters
AIR CARGO GROUP SEEKS RECOGNITION FROM WTO
Bruce Barnard |
The air cargo industry is seeking official recognition from the World Trade Organization in a bid to
AUSTRALIAN DOCKERS LIKELY TO RETURN TO WORK TODAY
Bridge News |
The accounting firm running four stevedoring companies at the heart of Australia's waterfront disput
Maritime
DANZAS' 1997 FIGURES SHOW TRIPLING OF NET INCOME AS RESULT OF RESTRUCTURING
Robert Koenig |
Danzas Holding Ltd., showing the results from its recent restructuring and an intensified focus on l
BALTIC HANDY INDEX
JOC Staff |
915 (May 5, 1998) Previous day - 907The Baltic Exchange in London on Tuesdays and Thursdays
Maritime
ALLIANCE GETS TEXAS TO THINK GLOBALLY
Raymond J. Brimble |
Many trade experts would like to see more support from state legislatures for measures that would en
Transport, Trade and Regulation News
FREIGHT RATE FUTURES
JOC Staff |
May 5, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
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