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 ...

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 ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

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 ...

Dhaka, March 15 -- The Chattogram Custom House has initiated the process to auction 378 containers of unclaimed and auctionable goods through an electronic auction (e-auction) system in March 2026 in ...

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 ...

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.