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 ...
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 ...
With ongoing tariff uncertainty shaking up supply chains across the globe and impacts already being seen and felt at the country’s busiest gateway, it will take “weeks, if not months, to untangle the ...
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 ...
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 ...
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.
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