Update 2/7/25 President Trump has reinstated the de minimis exemption for Chinese imports—at least temporarily. The exemption, which allows duty-free entry for shipments valued under $800, was previously revoked as part of a broader tariff package. However, following significant industry pushback and concerns over customs processing delays, the administration has reinstated de minimis eligibility until […]

The recent tariff dispute between the U.S. and Colombia demonstrates how quickly trade policies can escalate, disrupting global supply chains and impacting businesses. While the immediate crisis was resolved when Colombia agreed to accept repatriation flights, the potential for punitive tariffs remains, reminding businesses that the threat of tariffs can arise with little warning. For […]

This week, the shipping industry received welcome news as the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) announced a tentative agreement on a new six-year master contract. This pivotal deal, subject to ratification, averts a major labor strike that could have disrupted operations across East and Gulf Coast ports, significantly impacting global […]

The logistics industry experienced a transformative year in 2024, marked by significant events and regulatory changes that impacted global trade. From geopolitical disruptions to evolving regulations, importers and exporters faced new challenges and opportunities. Bestway International supported clients by navigating these complexities with innovative solutions tailored to a dynamic market. Global Events Infrastructure disruptions shaped […]

In the coming 2025 global trade landscape, staying compliant with evolving regulations is both a challenge and an opportunity for businesses. From shifting tariffs to stringent labor requirements, understanding and adhering to international trade laws is essential to avoiding costly delays and penalties. At Bestway International, we specialize in helping clients navigate these complexities with […]

Choosing the Best Transportation Mode for Domestic Freight Delivery times, shipping methods, and selecting the best transportation mode can make or break your supply chain efficiency. Whether you’re moving high-priority goods across states or large volumes of freight regionally, choosing the correct mode of transportation at the right time is critical to meeting deadlines, managing […]

In international trade, Incoterms—short for International Commercial Terms—define the responsibilities and obligations of buyers and sellers. Created by the International Chamber of Commerce (ICC), Incoterms provide a universal set of rules to standardize and simplify trade agreements. From clarifying who handles shipping costs and insurance to establishing when risk transfers from seller to buyer, Incoterms […]

The North American logistics landscape faces new challenges as labor negotiations intensify in key ports. In Canada, the Montreal Longshoremen’s Union has issued a strike notice to the Maritime Employers Association (MEA), indicating a 24-hour work stoppage at Montreal’s crucial Contrecœur terminal. This marks a continuation of labor disputes that have seen operations slow significantly […]

International Commercial Terms, or Incoterms, are standardized rules used in global trade to clarify responsibilities between buyers and sellers during the shipment process. Developed by the International Chamber of Commerce (ICC), these terms define who is responsible for transportation, export and import duties, risk transfer, and insurance at various stages of the shipping journey. Incoterms […]

As the countdown for strike action at ports along the US East and Gulf coasts ticks down, shipping lines have begun announcing surcharges in anticipation of labor disruptions. Because a strike date is set for October 1st, carriers implement these emergency operations surcharges to offset the expected costs and challenges of potential port blockages and […]

When it comes to international trade, clear communication, and precise agreements are critical for avoiding misunderstandings and ensuring smooth transactions. One of the foundational elements of global trade is the use of Incoterms, short for International Commercial Terms. Incoterms are standardized trade terms that define the responsibilities of buyers and sellers involved in international transactions. […]

For businesses engaged in global trade, efficient international shipping is not just a matter of convenience—it’s crucial for maintaining smooth operations and satisfying customer expectations. With the rise of e-commerce and the expansion of global markets, companies are now more than ever looking for ways to streamline their shipping processes. Drawing from Bestway International’s extensive […]