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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Oct. 9, 1997Prevailing sellers' posted prices at the close of business, representin
INSIDE TALK - RIP WATSON \ TWIN RAILROAD CRISES A TRUE TEST OF STB'S EFFECTIVENESS AND WORTH
Rip Watson |
Railroads and the government officials who watch over them almost never move quickly. It's high time
MARITIME CALENDAR
JOC Staff |
ONGOINGCalifornia Maritime Academy. Oakland, Calif. November and January. Seminars on situat
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 8, 1997Quotations are based on prices reported in the market or obtained from sup
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 8, 1997No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 27.80
API WEEKLY REPORT \ DISTILLATE INVENTORIES DOWN FROM PREVIOUS WEEK
Journal Of Commerce Staff |
U.S. distillate inventories fell by 400,000 barrels in the week ended Oct. 3, as compared with the p
BALTIC FREIGHT INDEX
JOC Staff |
1302 (Oct. 8, 1997) Previous day - 1292The Baltic International Freight Futures Market in Lo
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HUB GROUP INC.Nicholas Piscitelli was promoted to regional manager, national accounts, for t
LABOR LEADERS VOTE TO OPPOSE RAIL MERGER
Rip Watson |
As expected, rail labor leaders voted to formally oppose the $10.2 billion breakup plan for Conrail,
APPROVAL OF NOL-APL DEAL A "SLAM DUNK,' EXPERTS SAY
Tim Sansbury |
Talk to any bona fide maritime insider here and you're likely to find someone who just got off the p
FLORIDA CHIEF SEEKS TO BUOY HURRICANE FUND \ COMMISSIONER CALLS FOR $11 BILLION INCREASE
Michael Peltier |
It's nearly the end of the 1997 hurricane season, but the debate over property insurance availabilit
CALIFORNIA GOVERNOR VETOES BILL ON BUILDING DISPUTE RESOLUTION PROCESS
Ron Lent |
California Gov. Pete Wilson killed legislation this week intended to increase the number of resident
BRIEFS
From Wire Reports |
SOUTH KOREA TO REDUCEDEPENDENCE ON OILSEOUL - The South Korean government will lower the nat
PILOTS WANT TO RESOLVE CONTRACT WITH UPS
Andrew Blum |
The Independent Pilots Association Wednesday urged United Parcel Service to return to the table and
EL NINO: CANAL OK FOR NOW
Bridge News |
Panama Canal Commission officials do not expect operations of the waterway to be affected by El Nino
Maritime
TANKER LINE ORDERS PANAMAX VESSELS
Journal Of Commerce Staff |
Heidenreich Marine Inc. said it placed orders with the Halla Engineering and Heavy Industries Ltd. s
Maritime
TECH TALK - ALAN ABRAMS \ GOING THROUGH THE PROPER CHANNELS: AOL RETOOLS, USING TV AS A MODEL
Alan Abrams |
One thing I can say about America Online - their PR folks are really earning their keep.This
GRAIN SHIPPERS SAY RAILCAR SHORTAGE MAY BE WORST EVER
Associated Press |
With the fall harvest just getting under way, central Nebraska's grain shippers say they already are
EUROPEANS PLAN CRACKDOWN ON SUBSTANDARD SHIPS
Aviva Freudmann |
European officials are planning to crack down on ship lines that violate new international safety ru
TRANSPORTATION CALENDAR
JOC Staff |
OCTOBERTransportation Research Forum. Oct. 10. New York chapter. Robert R. Crawford, preside
EMERY-POSTAL SERVICE VENTURE SCORES
Andrew Blum |
It's five down and five to go for the U.S. Postal Service and Emery Worldwide, its partner in the pr
SOUTH KOREAN UNIONS THREATEN TO SHUT DOWN EXPORT ECONOMY AGAIN
Tim Shorrock |
The industrial unions that shut down South Korea's export economy in a weeklong strike last winter a
Maritime
ACCIDENT FACT SHEET SHOWS INCREASES IN DEATHS, DISABILITIES
Helen R. Macleod |
During a typical 10-minute risk management lecture, two persons in the United States will be killed
RAILROAD RESUMES NORMAL SERVICE
Strike halted against |
Kansas City Southern Railway Co. said its service returned to normal Wednesday after a brief strike
SPOT PRODUCT PRICES
JOC Staff |
Oct. 8, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SPOT COMMODITIES
JOC Staff |
Oct. 8, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
COST OF CREDIT
JOC Staff |
Wednesday, Oct. 8, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
GREENSPAN SPEAKS
From Wire Reports |
The U.S. dollar tumbled along with U.S. stocks and bonds after remarks by Federal Reserve Chairman A
CARGO WATCH: CHINA OCEAN SHIPPING (COSCO) \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
July Aug. Sept Oct. Nov. Dec. Jan. Feb Mar April May June July Aug.96 96 96 96 96 96 97
Maritime
NATURAL GAS DISCOVERY MAY IMPROVE ECONOMY OF TRINIDAD AND TOBAGO
Canute James |
A U.S. energy company has reported another major gas find in Trinidad and Tobago, increasing the Car
BRIEFS
From Wire and Staff Reports |
PLANESGROWTH IN AIR FREIGHTSOARS OVER OTHER MODESBEIJING - Air freight witne
BRIEFS
From Wire and Staff Reports |
SHIPS2 MISSING IN EXPLOSIONON TANKER OFF TAIWANTAIPEI - Two people were list
BRIEFS
From Wire and Staff Reports |
ALBRIGHT SEEKS TO BLOCKFOREIGN TERRORIST ASSETSWASHINGTON - Hoping to make terrorism an ''en
Maritime
IN ANTI-FRAUD MOVE, FIRM RETURNS $533 MILLION TO US
Aliah D. Wright |
Highmark Pennsylvania Blue Shield has returned $533 million to the federal government by ferreting o
FORGING (RAIL) TIES
Jonathan Ewing |
Mohammad Ali Noor remembers Mashhad as a dusty frontier city, the last stop for travelers and sma
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOct. 8, 1997 Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
NEW YORK MERCANTILE EXCHANGE - OCT. 7, 1997Prev. Life of Contr. OpenOpen High Lo
IT'S A WRAP
Courtney Tower |
Round, these days, has to be perfectly round.Damage-free means ''zero-tolerance'' for any de
Maritime
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