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NOL-APL MERGER SHAKES UP INDUSTRY
Journal Of Commerce Special |
The maritime community awoke April 13 to find its world abruptly changed: Neptune Orient Lines Ltd.
MALAYSIA PORT MOVING TO THE PRIVATE SECTOR
P.T. Bangsberg |
Malaysia's booming Port of Kuantan is moving to the private sector, following several other sea gate
Maritime
BOEING CHINA DEAL PUTS HEAT ON AIRBUS TO REV UP ITS REVAMP
Aviva Freudmann |
It's crunch time for Airbus Industrie, the European aircraft builder that poses the last remaining g
CORRECTION
JOC Staff |
An article that appeared on Oct. 31 on Page 9A under the headline, ''Beef imports likely to drop,''
US COMPANIES LEAD INVESTMENT SURGE IN RUSSIA
Bruce Barnard |
U.S. firms will be the biggest foreign investors in Russia in 1998 as the country finally achieves e
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
BLUE STAR LINERichard Hanft was named senior vice president of commercial. He now plays a ke
Maritime
CONFERENCE MAY BE BREAKING UP
Tom Baldwin |
The American, West-Africa Freight Conference, having operated for longer than 50 years, is close to
BRIEFS
From Wire and Staff Reports |
CHINA ORDERS FASTERTECHNOLOGY DEVELOPMENTBEIJING - China will authorize more research instit
Maritime
US, JAPAN CLASH OVER NEC DUMPING DUTIES
John Zarocostas |
The United States and Japan locked horns in a World Trade Organization forum Friday over the imposit
PLAYER CHANGES SIDES IN BATTLE FOR CONTROL OF RUSSIA STEELMAKER
John Helmer |
There has been a dramatic switch in a boardroom battle for control of Novolipetsk Metal Kombinat, Ru
FREIGHT RATE FUTURES
JOC Staff |
Oct. 31, 1997Baltic International Freight Futures Market Prev.Close High
EARNINGS
From Wire and Staff Reports |
COST OF ACQUISITIONDRIVES DOWN CIGNA'S NETPHILADELPHIA - Despite an increase in capital gain
HIGH COURT TO REVIEW HARBOR TAX
Tom Connors |
The Supreme Court agreed to review lower court rulings that struck down the Harbor Maintenance Tax a
STUDY SAYS TRUCK DRIVERS BUSY SHIFTING JOBS INSTEAD OF GEARS
Gregory S. Johnson |
So, you say there's a driver shortage? Think again.Actually, there are thousands of drivers
US STEELMAKERS RISK RUSSIA DEAL
John Helmer |
U.S. steelmakers went to the U.S. International Trade Commission last week to claim Russian steel-pl
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 245.23 up 1.31 w
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 30, 1997Prev. Life of Contr. Open Open High Low
ALBANY PORT TO FEED $1 MILLION IN STATE FUNDS INTO INFRASTRUCTURE
Journal Of Commerce Staff |
The Albany Port District Commission said the $1 million in state funds it received in this year's bu
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
October 31: 1318
Maritime
MAYOR VOWS CRACKDOWN ON JFK CARGO THEFTS \ RAMPANT ROBBERS FACE INCREASED SECURITY
Andrew Blum |
John F. Kennedy International Airport ranks near the top in air cargo volume, but unfortunately it a
PROFITS LOOKING UP FOR AIRLINE SECTOR
John Zarocostas |
Net profit for the global airline industry declined to $3 billion last year from 1995's record $5.2
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 31, 1997Quotations are based on prices reported in the market or obtained from su
COMPETITION SEEN SINKING AUSTRALIA SHIPS
Henry Cutter |
Australia's shipping industry is ''dead in the water'' and in need of radical reform to avoid being
Maritime
PCS CATASTROPHE INSURANCE OPTIONS \ PROPERTY CLAIMS SERVICES PROVIDES THESE FIGURES EACH FRIDAY.
Chicago Board of Trade |
CALL SPREADS PRICE OR BID/ASKNational annual '97* 30/50
FOREIGN FIRMS SAY "VIVE LA FRANCE!' \ TAX BREAKS, SKILLED LABOR DRAW INVESTORS
Grog Smosarski |
Despite the furor aroused by the French government's plan to cut the work week to 35 hours, the labo
QUOTE TO NOTE
Eugene Wolff, Export Manager, Dole Citrus, Vero Beach, Calif. |
'We think it is a lot more advantageous for us to move the smaller volumes that are hooked into reef
Maritime
COST OF CREDIT
JOC Staff |
Friday, Oct. 31, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 31, 1997Prevailing sellers' posted prices at the close of business, representing
GERMANY COMMITS TO ELECTRONIC TOLLS LEVIED ON TRUCKING
Robert Koenig |
In an effort to ease the gridlock of big trucks jamming its highways, German transport officials are
BRIEFS
From Wire and Staff Reports |
GE TO BUY AUSTRALIA'SLARGEST MORTGAGE FIRMNEW YORK - GE Capital Services, a unit of General
US BROKER, FRENCH FIRM FORM ALLIANCE
Journal Of Commerce Staff |
Rogers & Brown Custom Brokers Inc. formed an alliance with Gefco SA of France in a move to expand it
THE BAHIA IS BUENO IN BUENO AIRES
JOC Staff |
Photo only
Maritime
UPS EXEC TOUTS LATIN POTENTIAL _ WITH CAVEATS \ BARRIERS BOTH PHYSICAL AND MAN-MADE CITED
William Armbruster |
Extraordinary. Awesome. Exciting.Those were the words used by Thomas H. Weidemeyer, presiden
BRIEFS
From Wire and Staff Reports |
PEMEX SIGNS CONTRACTFOR POLYPROPYLENEMEXICO CITY - Petroleos Mexicanos has announced a 10-ye
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 15, 1996 - Oct. 31, 1997 (a graph)*
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DEFICIT PUTS BRAKES ON 3RD-QUARTER GDP GROWTH
Journal Of Commerce Staff |
A much wider trade deficit helped hold third-quarter economic growth to a strong but not explosive r
LATIN CUSTOMS AGENCIES TARGET HARMONIZATION
William Armbruster |
Customs agencies in the Americas are actively working toward harmonizing entry procedures, a goal fi
Maritime
US STEEL EXPORT GROWTH TO DEFY A GLOBAL TREND
John Zarocostas |
Global steel exports are forecast to drop this year to 160.5 million metric tons, from 164.5 million
CARGO WATCH: DSR SENATOR LINES \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June July Aug.96 96 96 96 96 9
Maritime
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