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CLINTON CONSIDERING GLOBAL TWIST TO SPEECH
John Maggs |
In his State of the Union speech Tuesday President Clinton is preparing to launch what trade support
HONG KONG SEEKS MORE EQUITY IN RAIL LINE
P.T. Bangsberg |
The Hong Kong government will seek authority next month to increase its equity in the local rail com
UP POSTS HUGE LOSS OF $152 MILLION
Rip Watson |
Union Pacific Railroad's service meltdown carved $353 million out of fourth-quarter 1997 earnings an
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
US DOLLAR DROPS OVER CLINTON ALLEGATIONS
Bridge News |
The U.S. dollar fell sharply to around 1.80 Deutsche marks Thursday, as traders worried about the la
Maritime
CANADIAN DOLLAR PLUNGES TO HISTORIC LOW VS. US \ CURRENCY HITS LOWEST LEVEL IN 140 YEARS
Courtney Tower |
Canada's dollar this week sank to its lowest level vs. the U.S. dollar in 140 years, buffeted in for
Maritime
YUAN DEVALUATION WOULD DEVASTATE HONG KONG ECONOMY, ANALYSTS SAY
Alysha Webb |
The loss of confidence that would accompany a devaluation in China's currency would wreak havoc in t
BRIEFS
From Wire and Staff Reports |
EU SEEKS WTO AIDIN DISPUTE WITH CANADABRUSSELS - The European Commission announced Thursday
Maritime
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* RAILWAY RAILS SCRAP. 200,000-metric-ton shipment. Pure rails only with nothin
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 31, 1997 - Jan. 22, 1998 (a graph)
EXPORTERS ADJUST TO NEW ARGENTINE IMPORT RULES
Kevin G. Hall |
Despite a sudden implementation of controversial pre-import inspection procedures by the Argentine g
Maritime
PANEL AGREES GLUTEN IMPORTS HURT PRODUCERS
Journal Of Commerce Staff |
U.S. wheat gluten producers have won the first round in their battle for import restrictions.
Maritime
QUOTE TO NOTE
Ray Camero, Chief executive, Streamline Shippers Association, |
'At the corporate level, I think they're dead serious.'
Maritime
ADMINISTRATION BACKS BAILOUT OF EAST ASIA \ SOUTH KOREA SHOWING SIGNS OF RECOVERY
Tim Shorrock |
The Clinton administration is defending the International Monetary Fund's $100 billion bailout of Ea
Maritime
CHANGES TO EU BANANA IMPORT REGIME BLASTED
John Zarocostas |
The United States and four Latin American banana-exporting nations slammed the European Union Thursd
Maritime
MEXICAN PHONE COMPANIES GET STATIC FOR "SLAMMING'
Mary Sutter |
Dialing the long-distance operator on some of his office lines, Jorge Escribano is connected to M
Maritime
BRIEFS
From Wire and Staff Reports |
AIRBUS CLOSES IN ON SALESTO US, LATIN AIRLINESPARIS - The European Airbus consortium is clos
Maritime
WTO TO STUDY SOUTH KOREA'S CHIP COMPLAINT
John Zarocostas |
The World Trade Organization has established a dispute panel to review South Korea's complaint that
Maritime
WEATHER FORCES IRAN TO LEAN ON FUEL IMPORTS \ GAPS IN GAS FLOW FROM TURKMENISTAN REPORTED
Michael S. Lelyveld |
A frigid winter has suddenly exposed the cracks in Iran's energy security, forcing the world's third
Maritime
BRIEFS
From Wire and Staff Reports |
PAKISTAN TO CREATE FIRMwith Iran and TurkeyNEW DELHI - A reinsurance company with equity par
INSURERS, BROKERAGE FIRMS UNSCATHED BY ASIAN CRISIS
Margo D. Beller |
Insurance companies and brokerage firms are among the few industries that have not been affected in
MARSH & MCLENNAN BUYS IOWA-BASED INSURANCE FIRM
Associated Press |
A home-grown insurance company started by lifelong friends 24 years ago that now employs 1,800, will
MARITIME CALENDAR
JOC Staff |
JANUARYCalifornia State University. Ongoing. Transportation, logistics and related courses.
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
BRIEFS
From Wire and Staff Reports |
RUSSIAN PANEL PROBESOIL FIRMS' MERGER PLANMOSCOW - Russia's anti-monopoly committee will pro
SPOT COMMODITIES
JOC Staff |
Jan. 22, 1998Included are list prices of suppliers. Quotations do not necessarily represent
ANTWERP WINS APPROVAL TO BUILD BOX TERMINAL
Bruce Barnard |
Antwerp, Europe's second-largest port, has won approval to build a $400 million container dock that
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 22, 1998Quotations are based on prices reported in the market or obtained from su
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 229.41 up 0.22
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 21, 1998 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Jan. 22, 1998RESELLER RACK Unleaded Mid- Premium-Unle
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 22, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 25
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 21, 1998Prev. Life of Contr. Open Open High
REFUND FROM UTILITY RECOMMENDED
Associated Press |
Niagara Mohawk Power Corp. should refund up to $3.7 million to ratepayers for allowing a private scr
LAWYER DEFENDS EAGLE SUIT FEES
Ron Lent |
A pricey San Francisco insurance attorney whose hourly rates are among the highest in California is
SPOT PRODUCT PRICES
JOC Staff |
Jan. 22, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
RAIL INDUSTRY OPTIMISTIC THAT 1998 WILL SMOOTH OUT SOME ROAD BUMPS
Rip Watson |
This year will be critical for the railroads, which are thrashing around in search of a new formula
CONSORTIUM MAY NOT BID FOR ROSNEFT
Associated Press |
The international consortium of Lukoil and Gazprom of Russia and Royal Dutch/Shell may abort its pla
EMPLOYEE PUBLICATIONS NOT ALWAYS CLEAREST PICTURE OF CORPORATE REALITY
Ronald Gift Mullins |
Having once directed employee communications for a major insurer, I know publications for employees
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