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PEOPLE ON THE MOVE
From Wire and Staff Reports |
CSC INSURANCE CENTER INC.Robert Rach has been named vice president of finance and administra
FIGHTING HUGE AWARD, STATE FARM SEEKS TRIAL
Associated Press |
State Farm claims jurors were biased and is seeking a new trial involving a lawsuit that alleged fra
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
SOURCE: Currency Data & Intelligence Inc., New York. |
As of Dec. 31, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
DOWNTURN IN PROFIT FORECAST FOR LLOYD'S \ IN '94, '95, MARKET ENJOYED BUMPER RESULTS
Janet Porter |
Lloyd's of London underwriters could see their profit come under pressure over the next three years
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 10, 1997Prev. Life of Contr. OpenOpen High L
GASOLINE PRICES
JOC Staff |
Jan. 10, 1997RESELLER RACK Unleaded Mid- Premium-Unle
SPOT COMMODITIES
JOC Staff |
Jan. 9, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
BRIEFS
From Wire and Staff Reports |
AIR$6,900 DONATED TO KIDSOF FLIGHT 800 EMPLOYEESNEW YORK - The J.F.K. Custom
ANZDL PLANS MERGER WITH UNION SHIPPING
Bill Mongelluzzo |
The trend toward global shipping operations is so pervasive today it is even affecting carriers in t
TRICON GROUP GAINS STRENGTH IN THE MIDEAST
Robert L. Koenig |
The Tricon consortium of German and South Korean container lines has greatly expanded its coverage o
RAIL EARNINGS EXPECTED TO RISE, COME MERGERS OR HIGH WATER
Rip Watson |
Despite bad weather in the West and merger-related upheaval all over the map, railroads should repor
OIL TANKER SALVAGE REGULATIONS SEEN NEEDING MORE "TEETH'
Alan Abrams |
U.S. oil tanker salvage and firefighting regulations are coming under scrutiny and some industry exe
BRIEFS
From Wire and Staff Reports |
EGYPTIAN NAVIGATIONSELECTS GENERAL AGENTHOUSTON - Egyptian Navigation Co. named Oceans Inter
FREIGHT RATE FUTURES
JOC Staff |
Jan. 9, 1997Baltic International Freight Futures Market Prev.Close High Low
CHINA SETS $4 BILLION TO UPGRADE RAIL NETWORK
P.T. Bangsberg |
On the back of a strong infusion of overseas cash, China's rail masters are planning another investm
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BALTIC HANDY INDEX: 1000
JOC Staff |
Jan. 9, 1997The Baltic Exchange in London on Tuesdays and Thursdays publishes an index based
INSIDE TALK - RIP WATSON \ SURFACE TRANSPORTATION BOARD STILL FORMING ITS RAIL RATE POLICY
Rip Watson |
It's high time to seriously review the Surface Transportation Board's role in regulating rail rates.
BALTIC FREIGHT INDEX
JOC Staff |
1505 (Jan. 9, 1997) Previous day - 1510The Baltic International Freight Futures Market in Lo
BRIEFS
From Wire and Staff Reports |
FRITZ NET DECLINESON HIGHER EXPENSESSAN FRANCISCO - Fritz Cos. reported Wednesday that highe
MEXICO'S NEW TRUCK RULES FALL SHORT ON LIMIT ISSUE
Kevin G. Hall |
Mexico's trucking industry association is claiming victory with new size and weight rules that appea
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 34.
HONG KONG AIRPORT FEE HIKES TO INCLUDE EXPRESS FREIGHT RATES
P.T. Bangsberg |
As air passenger groups stew about rumored higher charges at Hong Kong's new airport, the express fr
BRIEFS
From Wire Reports |
USDA OPENS CARIBBEANTRADE OFFICE IN MIAMIWASHINGTON - The U.S. Department of Agriculture sai
BRIEFS
From Wire and Staff Reports |
HEAD OF ZIM ISRAELANNOUNCES RESIGNATIONHAIFA, Israel - Matty Morgenstern, the long-time head
NORFOLK SOUTHERN ASKS MARAD TO BACK ITS BID FOR CONRAIL
Tim Sansbury |
Norfolk Southern Corp. is asking the Maritime Administration to support its bid for Conrail and oppo
SPOT PRODUCT PRICES
JOC Staff |
Jan. 9, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
NS LOSES 2ND ROUND IN CONRAIL MERGER \ COURT ONCE AGAIN SUPPORTS CSX BID
Rip Watson |
U.S. District Judge Donald VanArtsdalen Thursday rejected another Norfolk Southern Corp. attempt to
US PROPOSAL TO CUT GLOBAL TELECOM RATES RILES ASIA
P.T. Bangsberg |
The U.S. government's move to cut the cost of overseas communications for Americans is triggering ho
IRAN SEEKS OPTIONS
Michael S. Lelyveld |
In a corner of the Firoozeh Restaurant of the former Hilton hotel sits Russian Foreign Minister Yevg
TIME IS RUNNING OUT ON US-CHINA TEXTILE PACT
Paula L. Green |
U.S. and Chinese trade officials are up against the wire as they try to hammer out a new textile pac
Maritime
JOURNAL OF COMMERCE - FAST FACTS \ US TRADE BALANCES WITH EAST ASIA
Global Trade Information, Columbia, S.C. |
No text.
US-JAPAN SHOWDOWN LOOMS IN PORT ROW
Tim Sansbury |
Japan and the United States are edging closer to a showdown over shipping. The first shot could be f
JAPAN WILL RECOGNIZE US LUMBER STANDARDS
William Dibenedetto |
Japan has agreed to recognize virtually all U.S. lumber grading standards - a move that promises to
COST OF CREDIT
JOC Staff |
Thursday, Jan. 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR RISES AGAINST YEN, HITS HIGH VS. MARK
Bridge News |
The U.S. dollar rose above 116 Japanese yen and hit a two-year high against the Deutsche mark Thursd
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 12, '96 - Jan. 9, '97 (a graph)* An
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595 per ton lo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 9, 1997Quotations are based on prices reported in the market or obtained from sup
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