As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows shipping rates between the U.S and China are dropping by more than 50% in just a month. Data provided by ...

LOS ANGELES (KABC) -- The ports of Los Angeles and Long Beach will soon have a new source of funding to help alleviate the growing backlog of container ships. Gov. Gavin Newsom and the U.S. Department ...

A massive backlog of empty shipping containers is clogging up Hamilton docks owing to a combination of an overtime ban and two broken-down cranes, The Royal Gazette has learnt. An e-mail seen by this ...

In an effort to ease congestion at the nation’s busiest port complex, officials said Monday that they will start fining shipping companies whose cargo containers linger for too long at marine ...

Cargo volumes at the Mombasa port have surged far beyond projections, rising to 41.1 million tonnes in 2024, up from 36 million tonnes the previous year. [File, Standard] Mombasa port users are ...

The Port of Mombasa is grappling with a crisis due to an escalating backlog of empty containers, blocking handling of containerised cargo and impacting regional trade by increasing operation costs.

Danaos (NYSE:DAC) +0.5% in Tuesday's trading after saying it has added $304 million to its contracted revenue backlog through new charters for six containerships and two recently contracted ...