Hanjin Shipping, the world’s seventh largest container carrier, filed for bankruptcy two weeks ago, stranding thousands of shipping containers at sea and creating a shortage in the U.S., reported ...

DETROIT (AP) — Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root cause of the shortages of just about everything.

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...

The FDA announced that IV fluid containers of all sizes have been added to its medical device shortages list, with the shortage expected to persist through March 2025. The FDA cited an acute increase ...

One of the world's most vital trade arteries has been blocked by a quarter-mile-long container ship, creating a traffic jam that has ensnared over 200 vessels and could take weeks to clear. One of the ...

COPENHAGEN, June 17 (Reuters) - Maersk Line, the world's biggest container shipping group, said on Thursday a strong rebound in global trade has led to an unprecedented shortage of containers as ...

In the shipping and logistics industry, a “container crisis” is emerging due to China’s overproduction and the subsequent rush to export surplus inventory at low prices. This issue is compounded by ...

LOS ANGELES (KABC) -- Port officials are shocked at the record-breaking number of ships sitting at anchor at the ports of Los Angeles and Long Beach. Upwards of 80 ships stacked like rush hour ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Connecticut News for free, 24/7, wherever you are.