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 ...
An early-morning berth time, the reopening of Leatherman Terminal and a workforce ready to get back on the job helped the S.C. State Ports Authority quickly clear a backlog of vessels that anchored ...
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 ...
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 ...
Experts say the COVID lockdown in Guangzhou may have caused a "ripple effect" along the global supply chain that exceeds the crisis caused by the Ever Given.