Recent News
Weathering the Storm: Bestway International Tackles Rising Ocean Rates and Air Freight Challenges
In 2024, the logistics landscape is more dynamic and challenging than ever. Shippers need reliable partners to navigate turbulent times with skyrocketing ocean freight rates and limited air freight capacity. Bestway International provides the expertise and innovative solutions you need to keep your supply chain flowing smoothly. Rising Ocean Freight Rates: A Perfect Storm Global […]
Bestway International: Exceptional Intermodal Logistics Services
Our modern logistics mix is more volatile than ever. Shippers need reliable partners who can seamlessly coordinate complex intermodal transportation and freight forwarding needs. At Bestway International, we pride ourselves on delivering exceptional intermodal logistics services that ensure your goods reach their destinations smoothly and on time. Why Choose Bestway International for Intermodal Logistics? Expertise […]
The Role of Expedited Domestic Freight: Fast-Tracking Your Supply Chain with Bestway International
With demand starting to pick up and an eCommerce boom hitting hard, the demand for quick, reliable shipping solutions is more important than ever. Expedited freight plays a huge role in keeping supply chains moving efficiently and meeting the needs of businesses that require rapid domestic logistics. At Bestway International, we specialize in expedited freight, […]
Baltimore Port Resumes Operations as MV Dali is Refloated
Bestway learned in a very welcome update that the MV Dali, a 9,000 TEU container ship, blocked the Port of Baltimore for nearly two months after colliding with the Francis Scott Key Bridge on March 26th. This incident halted vessel transits, deeply impacting the port’s operations. However, the vessel is now being refloated, and operations […]
USTR Revises Section 301 Tariffs: What This Means for International Trade and Logistics
The U.S. Trade Representative (USTR) has announced new revisions to Section 301 tariffs, marking a public shift in trade policy with China. These changes, rolling out over the next few years, will majorly impact various industries, especially those involved in international trade and logistics. Understanding Section 301 Tariffs Initially, Section 301 tariffs were implemented to […]
Lunar New Year Looms Large in Logistics
As the Lunar New Year ushers in the Year of the Dragon, a symbol of power, strength, and prosperity, businesses worldwide prepare for significant global shipping and logistics impacts. Celebrated from February 10th to the 24th, the Spring Festival brings joy, renewal, and unique challenges for international trade, particularly logistics-centric or adjacent companies. Having an […]
Jack McDonough Promoted to Vice President at Bestway International
Bestway International is pleased to announce the promotion of Jack McDonough, LCB, from Senior Director, Import Solutions, to Vice President as he transitions into Bestway’s US Customs Broker of Record. Jack’s journey with Bestway began in 2019, and in a relatively short time, he has made a profound impact on our organization. His tenure includes […]
The Latest on Panama and Suez Canals and Their Impact on Trans-Pacific Shipping
Panama Canal – Still pinched due to seasonally low waters. Supposedly, the conditions will allow more ships to transit starting in January, but analysts don’t expect a return to normal for months. Suez Canal – All major carriers are diverting vessels around the Cape of Good Hope due to violence toward container ships and general […]
Navigating the Waves: Logistics and Shipping Trends of 2023
As the logistics and shipping industry set sail into the uncharted waters of 2023, several key trends reshaped the landscape, driving innovation, and influencing strategic decision-making. 1. Air Cargo Caution: The year was rough for air cargo as increased capacity after the release of COVID-19 travel restrictions saw more flights take off carrying cargo. With […]
Gratitude and Growth: Celebrating Our Team and Clients at Bestway International
As we steam full speed ahead into another hustling and bustling holiday season, the team at Bestway International wanted to take a moment and talk about what we all have to be thankful for this year. Through the ups and downs, we are grateful for the incredible team we have working together for the common […]
Spotlight on Logistics: Analyzing Recent Market Shifts and Innovations
The logistics and supply chain management world has seen many changes recently. From leveled-out rates on critical routes to innovative technological solutions, businesses must stay ahead of these developments to make informed decisions. Here’s a detailed look into some of these transformations. 1. Asia-North Europe Container Rates Finding Stability: Container spot rates on the crucial […]
Cybersecurity in Logistics: Bestway’s Approach to Safeguarding Supply Chain Operations
In the logistics industry, the digital landscape has expanded, bringing with it increased efficiency but also a heightened risk of cyberattacks. Recent events like the cyberattack on Estes Express reminds us of the importance of layered cybersecurity measures. While the trucking industry, in particular, grapples with challenges like ransomware attacks, it’s crucial to recognize the […]