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SHIPPERS VIOLATE FEDERAL RULES MORE OFTEN THAN AIR CARRIERS, FAA OFFICIAL SAYS

Kevin G. Hall |

Shippers, not air carriers, continue to be the most common violator of federal rules governing the t

COURT FIGHT LOOMS IN HOUSTON

When disputes erupt between longshoremen and their employers, port authorities usually remain safely

EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS \ (CENSUS BASIS _ IN MILLIONS OF DOLLARS)

U.S. Commerce Department |

MARCH 1998 FEBRUARY 1998 CUMULATIVE 1998EXPORTS* IMPORTS** EXPORTS* IMPOR

NEW HAVEN RESIDUAL FUELS

May 20, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 25.

JOC PRICE INDEX AT THE LOWEST LEVEL IN FOUR YEARS \ ASIA WOES, STRONG DOLLAR KEEP LID ON INFLATION

The Journal of Commerce index of industrial prices fell Tuesday to the lowest level since February 1

TRANSPORTATION CALENDAR

MAYSeamen's Church Institute. May 22. New York. Commemoration of National Maritime Day. Cont

RISING TIDE OF IMPORTS FLOODS US PORTS

Bill Mongelluzzo |

With the strong U.S. economy continuing to act like a magnet, imports from Asia, Europe and Latin Am

SPOT METALS PRICES

Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo

PEOPLE ON THE MOVE

From Wire and Staff Reports |

ODYSSEY RE GROUPMichael C. Watson has been named executive vice president and chief operatin

NEW YORK OIL FUTURES

New York Mercantile Exchange - May 19, 1998Prev. Life of Contr. OpenOpen High L

NAVIERAS TO ORDER 1,000 53-FOOT BOXES

Journal Of Commerce Staff |

Navieras/NPR Inc. will place orders this week for 1,000 new 53-foot containers it plans to introduce

HOUSE MULLS ENDING SATELLITE SALES TO CHINA

William Roberts |

Amid a rising partisan furor over suggestions the Clinton administration may have traded sensitive a

PAGELESS WEDNESDAY: FAULTY SATELLITE SCATTERS DELIVERY SERVICE

Michele Kayal |

Some express delivery companies scrambled to alter their operations Wednesday, as drivers sporting p

CLINTON ADMINISTRATION FORMS AIRPORT COMPETITION TASK FORCE

Journal Of Commerce Staff |

In keeping with its new-found vigor for assuring competitive air services, the Clinton administratio

GASOLINE PRICES

May 20, 1998RESELLER RACKUNLEADED MID- PREMIUM-UNLEAD PREMI

EUROPE BANK'S ROLE TO GROW IN IMPORTANCE

The future European Central Bank may take over more supervisory duties for the banking and financial

CARGO WATCH: MAERSK \ 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

TAIWAN'S PORT OF KAOHSIUNG POSTS STRONG CARGO GROWTH

P.T. Bangsberg |

Despite economic upheaval in many parts of Asia, the main port in Taiwan and its transshipment area

PORT LEADER OF THE YEAR

US DOLLAR DECLINES ON NEWS OF WIDER TRADE GAP IN MARCH

Wire And Staff Reports |

* Noon Wednesday - The U.S. dollar continued to sink following news the U.S. March trade deficit wid

CHEMICAL PRICES

Compiled by Rosalie Spiller, Journal of Commerce Chemical |

As of May 20, 1998Quotations are based on prices reported in the market or obtained from sup

KR-CRB FUTURES INDEXES

The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 218.46 off 0.81 w

PREUSSAG FUSES LOGISTICS OPERATIONS IN EFFORT TO BECOME LEADER IN FIELD

Robert Koenig |

Continuing its major restructuring, Germany's Preussag AG - the new parent company of shipping giant

MARCH IMPORTS, SEASONALLY ADJUSTED

U.S. Census Bureau tables, adapted by Paul Schaffer. |

Vs. Vs. Vs. Vs.Value prior 2 mos. 1996 1995 mil. $ mo. back

FOREIGN EXCHANGE

The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo

INSURERS SUED FOR FAILING TO PAY FOR MEN'S VIAGRA PRESCRIPTION

From Wire Reports |

A class action suit has been filed on behalf of men who have been diagnosed as impotent against a he

KARACHI DOCKWORKERS END JOB ACTION

Journal Of Commerce Special |

Dockworkers at the Port of Karachi in Pakistan ended their partial strike late Tuesday after managem

MARCH EXPORTS, SEASONALLY ADJUSTED

U.S. Census Bureau tables, adapted by Paul Schaffer. |

Vs. Vs. Vs. Vs.Value prior 2 mos. 1996 1995 mil. $ mo. back

BRIEFS

From Wire and Staff Reports |

IOWA REGULATORS OKPRINCIPAL'S CONVERSIONDES MOINES, Iowa - The Iowa Division of Insurance ha

US PROPOSAL COULD CUT TRUCKING COSTS NORTH OF THE BORDER

Kevin G. Hall |

A proposed rule by the U.S. Customs Service offers U.S. and Canadian truckers unprecedented flexibil

ILWU ADDS NEW TWIST TO AN OLD WEB SITE BAIT-AND-SWITCH TRICK

This Net trick you may have heard of. I call it the Web name bait and switch. You go out and registe

COLD FACT ABOUT ARCTIC FLIGHTS: HIGH-TECH NOT ALWAYS FEASIBLE

Courtney Tower |

Air cargo rates don't matter as much as timely, secure delivery supported by new technology such as

SPOT PRODUCT PRICES

May 19, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o

BRIEFS

From Wire and Staff Reports |

HOUSE PASSES CUSTOMSAUTHORIZATION MEASUREWASHINGTON - The House passed a two-year authorizat

QUOTE TO NOTE

Michael Gallant, Cargo manager, MDS Nordion Inc. |

'There is a cost for us to do business in Buenos Aires. That's why we hire agents. They're to make t

CP SHIPS COMPLETES IVARAN LINES PURCHASE

Journal Of Commerce Staff |

CP Ships said Tuesday it completed its acquisition of Ivaran Lines, its latest of several acquisitio

EU POISED TO RULE ON TACA PRICING

Aviva Freudmann |

The European Commission is expected to decide within the next six weeks whether to impose hefty fine

DAILY PETROLEUM PRICES

Wednesday May 20, 1998Prevailing sellers' posted prices at the close of business, representi

CORRECTION

A report on DHL's study of business costs in Eastern Europe (Tuesday, May 19, Page 2A) noted, ''In M

INDIA OPENS PORT INVESTMENT TO JOINT VENTURES

N. Vasuki Rao |

The Indian government has modified policy to allow foreign investment of up to 49 percent in joint v

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