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BRIEFS
From Staff and Wire Reports |
PLANESPANALPINA COMBINESUS, CANADIAN UNITSNEW YORK - Panalpina Group is comb
ITALIAN SHIP LINE, CMA-CGM NEAR SHIP-SHARING PACT
Tom Baldwin |
Italia Di Navigazone of Italy and the French carrier CMA-CGM are close to agreeing on a ship-sharing
RUSSIAN OFFICIALS TOUT SALE OF RAILCARS
John Helmer |
Russia's rail reformers are advancing a complicated privatization plan that would include the sale o
BRIEFS
From Wire and Staff Reports |
ALGERIAN TANKER SPARKSCONCERNS ON GAS CARGOESBOSTON - Safety concerns about liquefied natura
EMERY LAUNCHES DAYTIME SERVICE
Michele Kayal |
Emery Worldwide has launched scheduled daytime flights designed to give heavyweight shippers service
AMERICAN HONDA MAIN CLIENT AT NEW GATX DISTRIBUTION HUB
Journal Of Commerce Staff |
GATX Logistics Inc. has begun operating out of a new distribution center here, with American Honda C
WAKE ISLAND STANDOFF ENDS WITH PAYOFF \ WORKERS STOP REPAIRS UNTIL BILL IS PAID
Journal Of Commerce Special |
It took ''no work, no pay'' action by a team of Honolulu repair workers to pry loose repair money fr
Maritime
BRIEFS
From Wire and Staff Reports |
NATIONS PLEDGE TO WATCHEACH OTHER'S ECONOMIESTOKYO - Japan, the United States, China and 11
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
MARITIME CALENDAR
JOC Staff |
MARCHMarine Transport of Hazardous Goods. March 4-5. Washington. U.S. Department of Transpor
Maritime
EU WARY OF AMBUSH ON FARM TRADE POLICY
Bruce Barnard |
The European Union will be on guard this week against a possible ambush by its farm trade rivals.
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 18, 1997 - March 2, 1998 (a graph)
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
MASS PROTEST OVER ECONOMY SHUTS DOWN PHILIPPINE TOWN
Reuters |
Hundreds of traders closed shop and brought this city to a standstill on Monday in the first mass pr
Maritime
QUOTE TO NOTE
Sen. Kay Bailey Hutchison, R-Texas, Chairman, Senate Surface |
'We are very concerned about safety. I would say that service problems are certainly hitting my stat
Maritime
BRIEFS
From Wire and Staff Reports |
USDA TO OFFER FUNDSFOR INDONESIA FOOD AIDWASHINGTON - The U.S. Department of Agriculture wil
Maritime
CANADIAN TRADE MISSION SWEEPS THROUGH ARGENTINA
Beth Rubenstein |
Canadian and Argentine companies signed about $100 million worth of business agreements as Team Cana
Maritime
IN BRIEF
From Wire and Staff Reports |
OVERNIGHT DOCUMENT MARKETWEATHERS TECHNOLOGICAL THREATThe overnight document market in the U
Maritime
BITTEN HARD, HOPES STILL HIGH \ DESPITE SLOWDOWN, FIRMS HAVE FAITH IN A RECOVERY
John Davies |
U.S. air express companies are starting to feel the bite of Asia's financial turmoil.DHL Wor
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NATIONAL LIFE OF VERMONTMartin Klein has been named executive vice president of this insurer
ANTI-FRAUD EFFORTS ARE GOOD BUSINESS
Ron Lent |
Reflecting a national trend, Allstate Insurance Co. is waging war against alleged perpetrators of in
TREASURY DEFENDS TAX PLAN AS WAY TO FIGHT UNETHICAL AGENTS
Rob Wells |
The Clinton administration defended its budget plan against charges that a proposed tax increase on
BRIEFS
From Wire and Staff Reports |
AIG SWEETENS OFFERFOR AMERICAN BANKERSAmerican International Group upped the ante when it re
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce |
As of Mar. 2, 1998Quotations are based on prices reported in the market or obtained from sup
SPOT COMMODITIES
JOC Staff |
Mar. 2, 1998Included are list prices of suppliers. Quotations do not necessarily represent p
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 27, 1998 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Mar. 2, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEA
THAILAND OKS GAS LINE FROM MYANMAR
Ron Corben |
A $1 billion natural gas pipeline from Myanmar (formerly Burma) has received the final go-ahead by T
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 3, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24.
SPOT PRODUCT PRICES
JOC Staff |
Feb. 27, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
*NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 27, 1998Prev. Life of Contr. OpenOpen High
FROM PIGS TO PAPER: GERMANY UNVEILS FUTURES EXCHANGE
Associated Press |
Germany unveiled its first futures exchange last week with a computer system that is to handle tradi
CRUISE LINE REPORTS LOWER 1997 PROFIT
Journal Of Commerce Special |
The parent company of American Hawaii Cruises, which operates the only deep-water U.S.-flag cruise s
IN A SEA OF RED INK
Bill Mongelluzzo |
The competition for import and export cargo is forcing U.S. containerports to take on huge debt load
Maritime
CHILE BACKS OFF PLANNED TARIFF CUT
Kevin G. Hall |
The global tumble in copper prices and ongoing economic turmoil in its key major export market of
SHIP SALE REPORT
Shipping Intelligence Inc. |
RECENT VESSEL SALESSaleDate Vessel Year Price
Maritime
PROFIT DIPS FOR MANILA BOX HANDLER \ LATIN AMERICAN AFFILIATES REPORT STRONG EARNINGS
P.T. Bangsberg |
Earnings at the largest box handler in the Philippines plunged 37 percent last year to 299 million p
Maritime
INTERNATIONAL BUNKER PRICES
Journal Of Commerce Special |
The following fuel oil prices are for the week ending Feb. 25, 1998 as supplied by the bunker fuel d
DRUG TRAFFICKERS PUSHING CHEMICALS THROUGH FREE ZONES
John Zarocostas |
Narco-traffickers are finding free-trade zones to their liking.The zones give them greater f
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