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TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* ELECTRIC CABLE. Seeking a reliable manufacturer of the following electric cab
Maritime
SURFACE TRANSPORTATION BOARD WILL GET AN EARFUL AT 2-DAY HEARING ON RAIL RATES
Rip Watson |
One of the most potentially explosive debates to hit the rail industry begins Thursday when the Surf
A RIVER OF GEMS
Carla Rapoport |
A slight drizzle leaves a sheen on a barge at the Wealth-In Terminal at the Pearl River Port of Shat
SMALL TERMINAL OPERATOR EXPANDS IN MANILA
P.T. Bangsberg |
Despite a sharp slowdown in business, expansion plans will go ahead at the smaller terminal operator
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday March 26, 1998Prevailing sellers' posted prices at the close of business, represent
SETTLEMENT REPAIRS INTERNAL LABOR RIFT
Tim Sansbury |
A four-year civil war that divided a key sector of the U.S. maritime labor community has ended. Lea
Maritime
PORT OF SEATTLE AGAIN DELAYS MEET ON REBATE FOR CARGILL
John Wright |
Port of Seattle commissioners once again have postponed a meeting at which they will consider a requ
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
QUOTE TO NOTE
Alan Sheps, Vice president, R.F. International Forwarding, |
'There are not many happy faces in the wastepaper business.'
Maritime
CANADA'S ICE STORM BILL HEADS TOWARD $710 MILLION AND COUNTING
Courtney Tower |
Insurance claims from Canada's January ice storms are nearing 1 billion Canadian dollars (US$710 mil
WEAK YEN WON'T SWAMP US WITH JAPANESE IMPORTS \ PROBLEM IS CHIEFLY SLOWDOWN IN US SALES
Richard Katz |
Fears of an avalanche of imports from Japan into the United States appear to be overstated.S
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMarch 25, 1998 Brent Crude Oil - (Dollars Per Barrel)
CN PLANS TO ISSUE $1.8 BILLION IN NEW DEBT TO COVER MERGER
Journal Of Commerce Staff |
Canadian National Railway Co. plans to issue up to $1.8 billion in new debt as a consequence of its
ADD APL'S NAME TO LIST ENTERING NORTH-SOUTH TRADE
Terry Brennan |
APL Ltd. will enter the growing trade between the U.S. East Coast and the west coast of South Americ
MISC RAISES CONCERNS ABOUT RESULTS THIS YEAR \ WEAK EXCHANGE RATE LIFTED PROFIT IN '97
P.T. Bangsberg |
Malaysia International Shipping Corp. Bhd., spurred by a weaker exchange rate, posted a 15 percent i
Maritime
PHILADELPHIA SET RECORD FOR CARGO IN 1997 \ 15.7 PERCENT GAIN LED BY STEEL, WOOD PRODUCTS, FRUIT
Journal Of Commerce Staff |
As earlier data predicted, the Port of Philadelphia and Camden set a record in 1997 for cargo volume
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of March 26, 1998Quotations are based on prices reported in the market or obtained from s
WEEKLY COAL EXPORTS \ WEEK OF MARCH 16, 1998 - MARCH 20, 1998
PIERS, New York |
Only table.
NORILSK FINALLY ISSUES SHARES
John Helmer |
After almost two months of unexplained delay, Norilsk Nickel, Russia's largest mining company, has m
SPOT PRODUCT PRICES
JOC Staff |
March 25, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f
CLARIFICATION
JOC Staff |
An article headlined ''Port to shippers: Bypass Boston to avoid job action,'' which appeared on Page
Maritime
FREIGHT RATE FUTURES \ FREIGHT RATE FUTURES
JOC Staff |
March 26, 1998Baltic International Freight Futures Market Prev.Close High Lo
Maritime
JAPAN'S NEW PACKAGE CONFUSES TRADERS
Wire And Staff Report |
* Noon Thursday - The U.S. dollar was mixed as market participants reacted with confusion to the Jap
RENAULT TO BOOST OUTPUT IN RUSSIA
John Helmer |
Meeting in Moscow last week, Renault SA of France announced its agreement with the Moscow City Counc
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
UNITY MUTUAL LIFE INSURANCEJoyce H. Kopcik has been named senior vice president of managemen
KOHL'S RIVAL FOR POST OF CHANCELLOR CALLS LAUNCH OF EURO PREMATURE
Reuters |
The German opposition's candidate to challenge Chancellor Helmut Kohl has said Europe's single curre
Maritime
BALTIC HANDY INDEX
JOC Staff |
912 (March 26, 1998) Previous day - 911The Baltic Exchange in London on Tuesdays and Thursda
Maritime
CALIFORNIA REVISITS PROPOSITION 103
Ron Lent |
The Proposition 103 Enforcement Project and California insurance agents are verbally slugging it out
OIL PACT DOES NOT LET MEXICO OFF BUDGET HOOK
Caroline Brothers |
A historic pact to resuscitate slumping oil prices by scaling back supply will not necessarily spare
US-JAPAN AIR ACCORD TO BENEFIT SHIPPERS
Michele Kayal |
Shippers are about to see a windfall in belly space as carriers start to take advantage of the Unite
BRIEFS
From Wire and Staff Reports |
ADB APPROVES THAIEXPORT FINANCE FACILITYMANILA - The Asian Development Bank Thursday approve
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 228.85 off 0.88
NEW HAVEN RESIDUAL FUELS
JOC Staff |
March 26, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
SPAIN'S IBERIA AVERTS PILOT STRIKE AT 11TH HOUR
Reuters |
Spain's flagship carrier Iberia said Thursday it had reached an agreement with pilots union Sepla to
FORER BAY STATE GOV. ED KING STEERED MASSPORT THROUGH TOUGH COMPETITIVE TIMES
Tom Baldwin |
Former Gov. Ed King of Massachusetts flew in the other night, late. He was headed for a big do at th
Maritime
DCL OFFERS SERVICE FROM PUERTO RICO TAPS PRFS AS SALES AND HANDLING AGENT
Journal Of Commerce Staff |
Direct Container Line Inc. announced export service from Puerto Rico to worldwide destinations. DCL,
Maritime
US, BRITISH COLUMBIAN OFFICIALS SEEK TO CHOP DOWN DIFFERENCES ON FORESTRY FEES
Courtney Tower |
U.S. trade officials are reading the fine print in a plan to cut forest industry fees in British Col
Maritime
PRESIDENTIAL FACE LIFT
JOC Staff |
Only photo.
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 2, 1997 - March 26, 1998 (a graph)
BRIEFS
From Wire and Staff Reports |
WORLD TRADE IN GOODSGREW 9.5 PERCENT IN 1997GENEVA - The volume of global goods trade soared
Maritime
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