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UNIONS VOCIFEROUS IN OPPOSING CONRAIL MERGER PROPOSAL
Rip Watson |
ail unions have been outspoken about their overall negative view of the Conrail carve-up between Nor
MAERSK, PSA CORP. TO DEVELOP CHINESE PORT
P.T. Bangsberg |
Maersk Line is moving onshore China to help develop one of that country's largest containerports.
Maritime
BEAUJOLAIS SHIPMENTS BEAT TRUCKERS' STRIKE
Reuters |
The French truckers strike will not keep Beaujolais Nouveau from reaching store shelves this month b
Maritime
QUOTE TO NOTE
Donald Cameron, Manager, Corporate Logistics, Bose Corp., |
'What if it (the harbor tax) is illegal and the government has to make refunds? Who's going to pay f
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 6, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29.
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSENatural Gas Clearinghouse - Posted prices for Nov. 1997 (see Note 1
LOGISTICS COMPANY ADDS ASSEMBLY SERVICE
Gregory S. Johnson |
In one of logistics' newest wrinkles, Exel Logistics has turned its Cerritos, Calif., distribution c
ASIAN WOES EXPECTED TO SWELL US TRADE DEFICIT
Bridge News |
The Southeast Asian financial crisis may boost the U.S. trade deficit by about $30 billion to $40 bi
Maritime
MEXICO AVOCADOES GAIN ACCESS TO US \ LIFT OF 80-YEAR-OLD BAN A COUP FOR GROWERS
Kevin G. Hall |
After some 80 years of being banned from the U.S. market because of pest-infestation concerns, fresh
Maritime
REGULATORY AND FINANCIAL CONSTRAINTS MAY BE KEY TO CONRAIL DEAL'S SUCCESS
Rip Watson |
The railroad merger movement is under mounting financial and regulatory pressure.CSX Corp. a
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Nov. 6, 1997Prevailing sellers' posted prices at the close of business, representin
EARNINGS
From Wire and Staff Reports |
INVESTMENT GAINS LIFTEDCNA NET IN 3RD QUARTERCHICAGO - CNA Financial Corp.'s third-quarter n
REGULATOR ACCUSED OF FAILING TO REPORT GIFTS
Ron Lent |
Consumer activist Harvey Rosenfield has accused California Insurance Commissioner Chuck Quackenbush
GASOLINE PRICES
JOC Staff |
Nov. 6, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
MAOMING TO RAISE CAPACITY WHEN NEW UNIT OPENS
Winny Chan |
China's Maoming Petrochemical Co. in southern Guangdong province said its annual crude oil processin
COST OF CREDIT
JOC Staff |
Thursday, Nov. 6, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 5, 1997Quotations are based on prices reported in the market or obtained from sup
EU WANTS DETAILS OF TENDERS ON NET
John Zarocostas |
The European Union proposed Wednesday to make details on public tender contracts, worth annually hun
Maritime
US AND EU BUSINESS LEADERS TALK TRADE IN ANNUAL DIALOGUE
Richard Lawrence |
More than 100 business leaders will urge top government officials this week to bolster U.S.-European
Maritime
RUSSIA STEELMAKER TO GET SECTOR'S 1ST LOAN FROM EUROPEAN BANK
John Helmer |
Russia's third-largest steelmaker has signed up for the first-ever loan from the European Bank for R
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NEGOTIATIONS RESUME IN FRENCH TRUCKER DISPUTE \ BUT THREAT OF SIMILAR ACTION LOOMS IN ITALY
Bruce Barnard |
The outlook for an early end to a French truckers' strike brightened Wednesday night as contract neg
CONSORTIUM ANNOUNCES FIXED SERVICE
Journal Of Commerce Staff |
A Brazilian-European service to the Mediterranean has expanded to a fixed-day service, ship lines fr
Maritime
LUMBER ACTION ERODES ATLANTIC RATE STABILITY
Terry Brennan |
The cracks are widening in the consistent rate stability that the Trans Atlantic Conference Agreemen
PROFESSOR WARNS JAPAN NOT TO INTERVENE IN S. ASIAN MARKETS
Gordon Platt |
Japan should not intervene in Southeast Asian financial markets to bail out investors, a Columbia Un
BRIEFS
From Wire and Staff Reports |
SEC INVESTIGATINGUBS ANALYST'S REPORTNew York - The Securities and Exchange Commission is in
ORIMULSION GAINS GLOBALLY DESPITE FLORIDA FRACAS \ CONTROVERSIAL FUEL IS ACCEPTED OUTSIDE US
Arthur Gottschalk |
Venezuela's controversial new boiler fuel continues to make inroads in global markets - while awaiti
BRIEFS
From Wire and Staff Reports |
RUSSIA SEES FOREIGNBIDDERS FOR OIL FIRMSMOSCOW - Russian President Boris Yeltsin, removing a
BRIEFS
From Wire and Staff Reports |
TRAINSNS EXPANDS REACH OFDOUBLE-STACK SERVICESNORFOLK, Va. - Norfolk Souther
WTO TRADE COURT EXAMINES EU APPEAL OF BEEF BAN RULING
John Zarocostas |
The World Trade Organization's court of appeals began hearings this week on a challenge by the Europ
Maritime
HARBOR TAX RULING BRINGS TRADE COURT INTO FOCUS
Alan Gersten |
The Supreme Court's decision last week to judge the legality of the harbor maintenance tax puts into
Maritime
TWO NEW SUPERFUND BILLS STALL BOEHLERT'S VERSION \ HOUSE PANEL CHIEF MUST DICKER WITH DEMOCRATS
Margo D. Beller |
Two House Democrats with competing Superfund reform bills have forced the chairman of a House subcom
AIR CARRIERS MAKE MORE CARGO LINKS ON INTERNET
Andrew Blum |
The race by air carriers to track cargo shipments over the Internet continued this week, with United
DOCKSIDE CRANES COMING TO SANTOS \ GRUPO LIBRA INCREASING BOX-HANDLING CAPACITY
Terry Brennan |
An increase in container handling productivity will soon unfold at Brazil's heavily congested Port o
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 5, 1997Baltic International Freight Futures Market Prev.Close High
MASSACHUSETTS EXTOLS PLAN FOR CONRAIL \ NS-CSX PROPOSAL CALLED "GREAT NEWS'
Rip Watson |
Norfolk Southern Corp. and CSX Corp. have won more state support for their plan to split Conrail Inc
GASOLINE PRICES
JOC Staff |
Nov. 5, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
CARGO WATCH: HAMPTON ROADS \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Aug Sept Oct Nov Dec Jan Feb Mar April May June July Aug Sep 96 96 96 9
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 22, 1996 - Nov. 5, 1997 (a graph)*
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