We present a faster algorithm for low-diameter decompositions on directed graphs, matching the $O(\log n\log\log n)$ loss factor from Bringmann, Fischer, Haeupler, and Latypov (ICALP 2025) and improving the running time to $O((m+n\log\log n)\log n\log\log n)$ in expectation. We then apply our faster low-diameter decomposition to obtain an algorithm for negative-weight single source shortest paths on integer-weighted graphs in $O((m+n\log\log n)\log(nW)\log n\log\log n)$ time, a nearly log-factor improvement over the algorithm of Bringmann, Cassis, and Fischer (FOCS 2023).