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YEAR 2000 COMPUTER PROBLEM MAY HIT INSURERS THE HARDEST \ CLAIMS COSTS COULD DWARF OTHER DISASTERS
Aviva Freudmann |
The ticking of the millennium computer time bomb echoes louder and louder in insurance and reinsuran
BRIEFS
From Wire and Staff Reports |
DAEWOO ELECTRONICSEXPECTS BRISK EXPORTSSouth Korea's Daewoo Electronics Co. expects its expo
Maritime
US DRUG MAKERS FEAR GENERICS LAW IN MEXICO \ BRAND-NAME SALES CONSIDERED AT RISK
Mary Sutter |
Legislation pending in Mexico for generic drugs could disrupt the sale of trademarked and patented p
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SOUTHERN CALIFORNIA PLANNING A SECOND CORRIDOR FOR CARGO
Bill Mongelluzzo |
One intermodal corridor is three years from completion, but Southern California is already planning
CHUNNEL RAIL LINK DEADLINE EXTENDED
Journal Of Commerce Staff |
The British government Thursday gave London & Continental Railways more time to salvage a threatened
TOO MANY BOXES IN US, BUT NOT ENOUGH IN ASIA \ STRONG IMPORTS CREATE CONTAINER IMBALANCE
Bill Mongelluzzo |
Trans-Pacific shipping lines are struggling with an equipment flow problem that could produce a crit
NEW AMCHAM CHIEF CHARTS 3-PRONGED COURSE IN MEXICO
Mary Sutter |
The new president of the American Chamber of Commerce of Mexico, representing a majority of foreign
Maritime
AZERI PRESIDENT TOUTS PIPELINE TO TURKEY
Kiyoshi Takenaka |
A new pipeline linking the Caspian Sea's massive hydrocarbon reserves to world markets will run from
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 18, 1997 - Feb. 27, 1998 (a graph)
GROWTH AT PORTS IN THAILAND SPARKS DISPUTE WITH TRUCKERS
P.T. Bangsberg |
Thailand's No. 2 port, Laem Chabang, is doing its job in taking pressure off Bangkok, but moves to l
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 27, 1998Baltic International Freight Futures Market Prev.Close High Low
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CELADON GROUP INC.Robert Goldberg was named executive vice president of this truckload haule
LOTT PUTS SHIP DEREGULATION ON FAST TRACK TO PASSAGE
Tim Sansbury |
It's official from Senate Majority Leader Trent Lott.Ocean shipping deregulation, based on a
US FIRMS BULLISH ON ASIA'S TECH FUTURE
Michael White |
As the Asian financial crisis continues to pinch many U.S. firms, some companies are laying the grou
NEW ZEALAND MOOVING UP WHERE US IS UDDER FAILURE
John Helmer |
When it comes to buttering up the Russians, the dairy farmers of the United States have not been doi
EARNINGS
From Wire and Staff Reports |
PRINCIPAL FINANCIALSEES DROP IN REVENUEDES MOINES, Iowa - Principal Financial Group, holding
P&I CLUBS CONTEMPLATE THEIR OPTIONS
Journal Of Commerce Staff |
The P&I clubs last Thursday were playing down the implications of their rebuff earlier in the week b
US SOFTWARE GOES TO CHILE
Journal Of Commerce Staff |
Marine Management Systems, a global marine software provider in Stamford, Conn., said Southern Shipm
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 25, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
DANZAS GETS OK TO WORK IN CHINA
John Zarocostas |
China granted the Danzas group a full operating license, which enables the Swiss international freig
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NEW ENGLANDMOTOR FREIGHT INC.Craig Eisenberg was appointed vice president and chief financia
FREIGHT RATE FUTURES
JOC Staff |
Feb. 26, 1998Baltic International Freight Futures Market Prev.Close High Low
EMERGENCY OPEC PARLEY REQUESTED
Reuters |
OPEC President Ida Bagus Sudjana on Thursday called for the oil cartel to hold an emergency meeting
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 25, 1998 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Feb. 26, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLE
AFRICAN TRADE BILL FACES FIGHT IN SENATE \ LIFTING OF IMPORT QUOTAS OPPOSED BY TEXTILE MAKERS
John Maggs |
The House is moving quickly toward passing an Africa trade bill before President Clinton's trip ther
BRIEFS
From Wire and Staff Reports |
ASIAN LEADERS ACCUSEDOF TIES TO ILLEGAL LOGGINGPHNOM PENH, Cambodia - Political and military
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
HMO HOPES MIAMI IS GATEWAY TO BRAZIL
Kevin G. Hall |
If you can't go to the market, sometimes it's best to bring the market to you.That's the phi
CONTSHIP RESTRUCTURES TOP MANAGEMENT
Journal Of Commerce Staff |
In a major change at the top of Contship Containerlines, Cecilia Battistello will step down as chief
CONTSHIP RESTRUCTURES TOP MANAGEMENT
Journal Of Commerce Staff |
In a major change at the top of Contship Containerlines, Cecilia Battistello will step down as chief
UP HEARS HARSH WORDS ON SAFETY
Rip Watson |
Railroad safety remains on the front burner in Washington, where a key senator expressed strong conc
CONSOLIDATORS: SHIP BILL HURTS OUR BUSINESS
Tim Sansbury |
Freight consolidators are emerging as the key holdout to an ocean shipping deregulation proposal tha
QUOTE TO NOTE
David Hoppin, Principal, MergeGlobal, Arlington, Va. |
'There's a finite number of used aircraft out there that can be converted into freighters, so there'
Maritime
THE GAIN IN RAIN IS GIVING FLORIDA FRUIT AND VEGGIE GROWERS A PAIN
Gregory S. Johnson |
Florida fruit and vegetable growers say this winter's severe storms have turned the Sunshine State i
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
BRITISH TRADE GAP NARROWS, BUT WORST IS YET TO COME
Rosemary Bennett |
Britain's trade gap with the rest of the world confounded expectations and narrowed slightly in Dece
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CIGNA CORP.The parent company in Philadelphia named Douglas E. Klinger president of Cigna He
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