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QUOTE TO NOTE
Earl Johnson, Foreign Exchange Economist, at Bank of Montreal |
'The numbers are almost too good to be true for the United States.'
Maritime
COST OF CREDIT
JOC Staff |
Monday, Aug. 4, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U
KEY CHINA OFFICIAL VISITING TAIWAN
Associated Press |
A top Chinese official came to Taiwan on Monday for a weeklong visit that raises hopes of better rel
BRIEFS
From Wire Reports |
GUYANA HOPES TO SELLRICE TO HAITIGEORGETOWN, Guyana - Guyana, considered the rice bowl of th
BRIEFS
From Wire Reports |
ENRON SAYS BIDWAS ON THE UP AND UPNEW DELHI, India - Energy giant Enron denied Monday that i
THAI CHIP MAKER CHIEF EXITS AMID MORE CHARGES
Ron Corben |
Troubled semiconductor company Alphatec, a major supplier to U.S. companies like Texas Instruments I
Maritime
HONG KONG TYPHOON ADDS TO UPS HEADACHES IN ASIA
P.T. Bangsberg |
It never rains but it pours, in this case literally.While United Parcel Service was on tente
THAILAND IS SET TO SIGN IMF PACT RESCUING ITS ECONOMY FROM CRISIS
Associated Press |
Thailand's finance minister said Monday negotiations for an economic rescue package sponsored by the
US MAY ALTER ITS IRANIAN OIL PIPELINE POLICY
Michael S. Lelyveld |
The United States will consider approving more pipelines through Iran, a State Department official s
Maritime
BANK, INSURANCE WORKERS PROTEST INDIAN PRIVATIZATIONS
Bridge News |
Thousands of employees from India's state-owned bank and insurance sectors marched on Parliament her
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 1, 1997Prev. Life of Contr. OpenOpen High Lo
PORT PRIVATIZATION PLAN UNDER WAY IN BRAZIL
Peter Kami |
The Rio de Janeiro, Brazil Port Authority on Friday kicked off a privatization program that will put
Maritime
NEW TWIST TO NORILSK SAGA: CHERNOMYRDIN HALTS SALE
John Helmer |
At the last minute, Russia's Prime Minister Victor Chernomyrdin ordered a halt to the sale of the 38
EUROPEAN COUNTERPARTS WON'T WALK OUT
Bruce Barnard |
The United Parcel Service strike Monday appeared to have killed at birth an effort by international
REVAMPING OF PENSION PLAN IS STICKING POINT FOR BOTH SIDES
Chris Isidore |
What is it worth to United Parcel Service to get out of the current Teamster pension plans?
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
KITTY HAWK, KALITTA TO MERGE
Andrew Blum |
The Kalitta Cos. and Kitty Hawk Inc. announced a merger of their air cargo and air charter logistics
TEAMSTERS WINS ROUND 1 IN DISPUTE \ BUT VICTORY MAY PROVE PYRRHIC FOR EITHER SIDE
Chris Isidore |
United Parcel Service, the world's largest transportation company, was at the center of the nation's
CARRIERS EYEING SOUTH AMERICA \ GROWING TRADE, PROMPTS ADDITION TO CURRENT CAPACITY
Terry Brennan |
Container capacity in the already crowded East Coast of South America trade will increase this fall
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercentYear Closing ChangeHigh/ Price
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 9, 1996 - Aug. 4, 1997 (a graph)* A
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COSTA RICAN LEADER ON VISIT TO ASIA
Bridge News |
President Jose Figueres heads to Malaysia and Taiwan today for an eight-day trip to discuss relation
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAug. 4, 1997 *Brent Crude Oil - (Dollars Per Barrel)
COOK INLET FIRMS PAYS $840,000 FOR NEW OIL-SPILL RESPONSE BARGE
Associated Press |
The member companies of Cook Inlet Spill Prevention and Response Inc. have invested $840,000 in a ba
Maritime
TWO CONSULTANT FIRMS UNVEIL MERGER PLANS
Arthur Gottschalk |
The growing convergence of power and money at the center of the world economy was highlighted Monday
KELLY'S 1ST BATTLE MAY BE CAREY'S LAST CAMPAIGN
Chris Isidore |
Jim Kelly and Ron Carey, veterans of the armed services who started their careers driving brown UPS
AFRICAN MARKET PROJECT WINS AID
Bridge News |
In a statement on Friday, the Executive Board of the Common Fund for Commodities said it has awarded
BUNKER TAX EXEMPTION THREATENED
Peter Tirschwell |
In 1991, a cash-strapped California briefly imposed a sales tax on bunker fuel. Shipowners responded
FREIGHT RATE FUTURES
JOC Staff |
Aug. 4, 1997Baltic International Freight Futures Market Prev.Close High
AIR TRAFFIC STRIKE ENTERS ITS THIRD DAY IN KENYA
Bridge News |
Kenyan air traffic controllers and meteorologists continued their strike for a third day Monday, cau
BREAKING MONOPOLY, INDIA INVITES INTERNET PROVIDERS TO SET UP SHOP
N. Vasuki Rao |
Indians should gain greater Internet access from a new government policy ending a state monopoly and
Maritime
BRIEFS
From Wire Reports |
Hong Kong not obligedto adopt trade sanctionsBEIJING - Hong Kong will not have to embrace Ch
Maritime
JAPANESE TO FUND INDONESIA PROJECT
Bridge News |
Japan's Export-Import Bank said Friday it would join nine Japanese commercial banks in financing a c
GASOLINE PRICES
JOC Staff |
Aug. 4, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
CARGO WATCH: CROWLEY AMERICAN TRANSPORT \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
April May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May96 96 96 96 96 96
Maritime
MARITIME CALENDAR
JOC Staff |
AUGUSTHarbor Transportation Club. Aug. 7, San Pedro, Calif. Joseph N. Miniace, president and
Maritime
BRIEFS
From Wire and Staff Reports |
HOUSE BILL WOULD BOOSTEARTHQUAKE SAFETY FUNDSWASHINGTON - A bill proposing to provide some $
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* PU LEATHER. 5 X 20-ft. FCL per month. Wet PU; Suede PU; Nubuck PU. Thickness:
Maritime
DOLLAR NEARS 8-YEAR HIGH VS. MARK, THEN FADES
Bridge News |
The U.S. dollar rose to a near eight-year high of 1.8733 Deutsche marks early Monday in a continuati
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