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 ...
WASHINGTON - The White House said Wednesday it has helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to relieve supply chain ...
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 ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (INSIDE CALIFORNIA POLITICS) — Frank Buckley ...
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 ...
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Strait of Hormuz escalation rattles global shipping with war levies and insurance cover cuts
Insurance companies cancel coverage and shipping firms introduce war risk surcharge ...
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