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 ...

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 ...

The ports of Los Angeles and Long Beach have again postponed implementation of a fee on companies whose import containers linger at marine terminals, with the assessment now potentially taking effect, ...

The Port of Mombasa faces a growing container backlog that is clogging regional trade, driving up costs, and straining supply ...

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 ...

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 ...

All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the canal by Saturday, ending the backlog that built up during the blockage, ...