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CORRECTION
JOC Staff |
In ''WTO envoy nominee subject of Senate probe'' (Sept. 8, Page 9A), we erroneously reported, ''The
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPSLONG BEACH APPEALSDECISION ON TERMINALLONG BEACH, Calif. - The Port of
BALTIC FREIGHT INDEX
JOC Staff |
1315 (Sept. 8, 1997) Previous day - 1323The Baltic International Freight Futures Market in L
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 243.23 off 0.44 wh
NIKE SIGNS PACT TO AUTOMATE ITS DISTRIBUTION
Gregory S. Johnson |
Looking to automate its worldwide distribution centers network, Nike Inc. signed an information tech
HOUSING SHORTAGE
Terry Brennan |
Safmarine Group is donating $4 million to South Africa this year to go along with 4,500 outdated con
Maritime
FERRY SINKS OFF HAITIAN COAST
Wire Reports |
Several hundred people were feared dead Monday when a ferry sank off Haiti's coast, local radio and
Maritime
ACCESS QUESTION POLARIZES RAILROAD AND SHIPPER GROUPS
Rip Watson |
Railroads and their customers are firing the first loud salvos in a brewing battle over whether to g
BRIEFS
From Wire and Staff Reports |
CALIFORNIA UTILITY MEETSRECORD POWER DEMANDLOS ANGELES - Southern California Edison Co., Ros
KUWAIT MOVES TO PRIVATIZE UTILITIES
Bridge News |
The government backs a recommendation from the World Bank to set up an office to oversee the privati
GARMENT FACTORY FIRES IN BANGLADESH SOUND ALARM FOR WORKER PROTECTION
N. Vasuki Rao |
Five women workers were killed and more than 50 hurt in a stampede when fire broke out in a high-ris
Maritime
BANK OKS DEBT RELIEF FOR AFRICAN NATIONS
Bridge News |
The African Development Bank Monday announced a supplementary financing mechanism worth up to $150 m
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ROGERS & BROWN CUSTOM BROKERS INC.Dan Carroll was promoted to Houston division manager and K
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 8, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
BRIEFS
From Wire and Staff Reports |
HONG KONG CHIEF IN USON FIRST OFFICIAL VISITHONG KONG - Hong Kong leader Tung Chee-hwa left
Maritime
CLINTON AIDES URGE DELAY ON FAST TRACK \ ADVISERS FEAR BILL MAY BE TOO REPUBLICAN FOR SOME DEMOCRATS
John Maggs |
President Clinton will host a welcoming party Wednesday for his long-promised bill to authorize new
PANEL OFFERS POST OFFICE SOME POST-STRIKE ADVICE
Lynya Floyd |
A commission of corporate executives recommended Monday that the U.S. Postal Service improve reliabi
AFTER FINE AIR CRASH, FAA SAID TO STEP UP INSPECTIONS OF CARGO
Kevin G. Hall |
Air carriers, forwarders and others in the cargo transport chain say the Federal Aviation Administra
TRANSPORT STOCKS FOLLOW MARKET'S LEAD
Chris Isidore |
A strong week for U.S. stocks led to broad gains in The Journal of Commerce's index of transportatio
EU MINISTERS TO DEBATE PLAN FOR POLICY COORDINATION
Bridge News |
Ambitious French proposals for greater European Union economic policy coordination after monetary un
CURRENCY, SHARES INCREASE AS THAILAND BACKS REFORM
Ron Corben |
The Thai baht and the stock market recovered Monday after Prime Minister Gen. Chavalit Yongchaiyudh'
FREIGHT RATE FUTURES
JOC Staff |
Sept. 8, 1997Baltic International Freight Futures Market Prev.Close High
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
CAMBODIA SEEKS A "NEUTRAL' PROBE OF VIETNAM JET CRASH
Reuters |
Cambodia wants ''black box'' flight recorders from a crashed Vietnam Airlines jet to be analyzed in
PAIR IS CHARGED WITH STEALING TRADE SECRETS
Associated Press |
By mail, by phone and in private lectures, a researcher gave $200 million worth of Avery Dennison Co
Maritime
TRACKING BUSINESSES' ECONOMIC CYCLES
Arthur Gottschalk |
We've all heard that downturns in the business cycle have negative effects on basic industries, and
MARINE GEAR LESSORS LAUNCH ONLINE BOOKING \ GLOBAL SERVICE OFFERED ON A 24-HOUR BASIS
Richard Knee |
The world's two largest marine equipment lessors, Genstar Container Corp. and Transamerica Leasing,
IN S. KOREA, NEW INDUSTRY PLAYERS FACE TOUGH RULES
P.T. Bangsberg |
The next sharp blast of reality to hit South Korea's struggling insurance sector arrives Oct. 1, whe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 8, 1997Quotations are based on prices reported in the market or obtained from su
SPOT PRODUCT PRICES
JOC Staff |
Sept. 8, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
3M CARGO BOUND FOR BLUE STAR LINE VESSEL
Blue Star Line |
Photo only
Maritime
EU'S TELECOM COMMISSIONER URGES US TO DELIVER ON ACCESS
John Zarocostas |
The European Union's top telecommunications official called Monday for the United States to deliver
Maritime
TRADE WINDS
Alan Gersten |
World demand for goods and ser- vices is exploding, but the top categories of U.S. exports remai
BRAZIL SUGAR MARKET UNFAZED BY POSSIBLE BAN BY ARGENTINA
David Warwick |
Traders in Brazil's sugar market said they were unconcerned by the Argentine Senate's decision to ba
GASOLINE PRICES
JOC Staff |
Sept. 8, 1997RESELLER RACK Unleaded Mid- Premium-Unle
SCANDAL RESURFACES AT PORT OF MIAMI
Kevin G. Hall |
As a search for a new director to head the Port of Miami continues, the ongoing scandal at the water
BRIEFS
From Wire and Staff Reports |
US REFORMULATED GASOLINERULES OK WITH VENEZUELACARACAS, Venezuela - Venezuela's state-owned
CENTRAL BANK SEES INDIAN EXPORTS GETTING MUCH-NEEDED BOOST IN 1997
N. Vasuki Rao |
India's central bank expects a general increase in world trade volume in 1997 to provide a boost for
Maritime
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