STORY: Shipping giant Maersk raised its full-year profit forecast on Thursday (August 7).It said demand for ocean container freight had defied fears of a hit from trade disputes.Maersk is seen as ...

Credit: Philadelphia Police Officials say there could be as many as half a million shipping containers on cargo ships off the ports of LA and Long Beach, waiting to be offloaded.

The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels late last week, carrying potential payloads of cargo boxes that would ...