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FORWARDERS CONTINUE FORWARD MARCH
Ted Gogoll |
American forwarders who have used the decade to build and extend their reach into the global marketp
CANADA POISED TO REVAMP PORTS, SEAWAY SYSTEM
Chris Isidore |
Canada is on the verge of an overhaul of its maritime system.The Canada Marine Act, designed
GERMAN EXPORTS SOAR AS MARK FALLS \ FIRMS CONCENTRATE MARKETING PUSH ON CENTRAL AND EASTERN EUROPE
Bruce Barnard |
The mighty German export machine is moving up a gear, as the fall in the value of the Deutsche mark
EU WARY OF OPPOSING IRAN, LIBYA SANCTIONS
Michael S. Lelyveld |
Despite the crisis in trade relations over U.S. sanctions against Cuba, the European Union is reluct
SURPRISING MODEL FOR PENSION REFORM \ REGIONAL PLANS ALL SCRAP SOCIAL SECURITY TAXES
Kevin G. Hall |
Jose Pinera frequently characterizes himself as a ''missionary.''Once on his favorite subjec
JOURNAL OF COMMERCE - FAST FACTS \ CORPORATE INCOME TAXES: SHARE OF US GDP
Congressional Budget Office |
No text.
COST OF CREDIT
JOC Staff |
Friday, Feb. 21, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
AS INTERMODAL DEMAND BEGINS TO SURGE, SHIPPERS BRACE FOR INEVITABLE RATE RISE
Rip Watson |
Some shippers are facing a 3 percent rate increase on their rail-truck traffic as demand for freight
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
REBOUND OF YEN APPEARS IMMINENT AS NUMEROUS MARKET FACTORS CHANGE
Gordon Platt |
The yen also rises.Currency traders and analysts said the Japanese currency is entering an a
5 RUSSIAN OFFSHORE BANKS WILL BE CLOSED IN ANTIGUA
Bridge News |
Antigua will close five of six Russian-owned offshore banks operating on the island, and will tighte
CROATIA LINE BEEFS UP SERVICE FROM US TO INDIA
Tom Baldwin |
Croatia Line, once a niche feeder service in the Adriatic and Mediterranean seas, has increased serv
PHILIPPINES LOSES JARDINE SUBSIDIARY
P.T. Bangsberg |
The transportation division of one of Hong Kong's oldest and most diversified conglomerates is pulli
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three weeks ended Feb. 15, 1997, vs. similar 1996 periodCars Cars Loaded Loaded<
SHIP SALE REPORT
Shipping Intelligence Inc. |
Ship Sale Report appears biweekly. The information, compiled by Shipping Intelligence Inc., a New Yo
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended February 15, total piggyback freight hauled on the nation's major railroads equal
NICARAGUA'S LEADER CLOSES DOOR TO NEW STATE JOBS
David Koop |
Nicaraguan President Arnoldo Aleman, who has pledged to bring capitalist prosperity to his impoveris
Maritime
RAPID-FIRE FEES, RATE HIKES FRUSTRATE
Ira Rosenfeld |
For the third time in five months, European airlines have revised the price they place on their valu
POLICE POWERS ON HIGH SEAS \ COLOMBIA AND US SIGN ANTI-DRUG PACT
Reuters |
Colombia signed an anti-drug shipping agreement with Washington last week, a day after beefing up it
Maritime
BIG RUSSIAN INSURER PLANS TO GO PUBLIC WITH WORLD BANK'S HELP
John Helmer |
Russia's insurance leader, state-owned Rosgosstrakh, plans to request the World Bank to value the in
BRIEFS
From Wire and Staff Reports |
CALIFORNIA COMP STUDYHAS NO RECOMMENDATIONSSAN FRANCISCO - A nationwide consulting actuary h
EARNINGS
From Wire and Staff Reports |
WILLIS CORROON'S REVENUEAND PROFIT UP IN 1996Willis Corroon Group PLC, the brokerage and int
CALIFORNIA REVAMPS RATE RULES \ FORMULA TO CONFORM WITH PROPOSITION 103
Ron Lent |
California's 15 million motorists who buy auto insurance should buckle up for a big jolt, namely swe
LLOYD'S SETS OUT HARDSHIP GUIDELINES
Helen R. Macleod |
Representatives of Lloyd's of London in the United States braced themselves for a flood of applicati
GROUP SAYS BILL WOULD DELAY SUITS
Margo D. Beller |
Vermont would become the 26th state to impose interest on disputed insurance claims under a bill now
CZECH REPUBLIC TO DELAY RAILWAY LOAN GUARANTEES
Bridge News |
The Czech government will delay signing government guarantees for loans to the state-run railway net
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BALTIC FREIGHT INDEX
JOC Staff |
1465 (Feb. 22, 1997) Previous day - 1468The Baltic International Freight Futures Market in L
FREIGHT RATE FUTURES
JOC Staff |
Feb. 21, 1997Baltic International Freight Futures Market Prev.Close High Low
BRIEFS
From Wire Reports |
CANADA CHARGESCHINA 'DUMPED' GARLICOTTAWA - Fresh garlic from China was dumped in Canada at
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 Feb. 21, 1997Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire Reports |
SINGAPORE PC DEALERSAPOLOGIZE TO MICROSOFTSINGAPORE - Ten computer dealers published an apol
Maritime
FULL EMPLOYMENT NEED NOT OVERHEAT ECONOMIES, ILO SAYS
Bridge News |
Full employment can be achieved without necessarily overheating national economies, according to a r
Maritime
SQUEEZING LATIN MARKETS
Charles W. Thurston |
Pineapple paring is a sweet concept for exporters of U.S. food processing equipment to Latin America
AIR CARRIERS HARVESTING SOME SWEETER PROFITS
Russ Banham |
Fruits and vegetables may not fit the usual rationale for moving freight by air - high-value and low
BRIEFS
From Wire and Staff Reports |
TRAVELERS TO APPEALCALIFORNIA CASEOAKLAND, Calif. - Travelers Insurance plans to appeal a $2
FRANCE TO PRIVATIZE THOMSON-CSF BUT WILL RETAIN "A GOLDEN SHARE'
Reuters |
The French government said it planned to privatize Thomson-CSF through a private placement with the
Maritime
JUDGE: LLOYD'S NAMES OWE REINSURANCE COSTS
Helen R. Macleod |
Investors in Lloyd's of London who refused to accept the settlement agreement offered last fall suff
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