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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 Concept

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 […]

Spotlight Series: Meet Ethan Becker

Spotlight Series: Meet Ethan Becker – Driving Bestway’s Innovations

In our Spotlight series, we’ve yet to meet anyone who woke up one morning with an uncontrollable yearning to forward freight. Often, people stumble into logistics careers, either inexplicably drawn to the rapid pace and tight-knit community of industry professionals or dragged into the business by a friend who sees the drive and determination required […]

Canadian Port Strike UPDATE

UPDATE 7/20/23 10:00 AM After a rollercoaster of striking and agreeing again, the Canadian ILWU is back on the job. Briefly resuming the strike yesterday ended rapidly as both sides raced back to the negotiating table after the Canadian Industrial Relations Board (CIRB) ordered the union back to work and stressed the need for compromise. […]

Refreshing Stability: New Labor Contract Ushers Normalcy at West Coast Ports

It’s time to sigh with relief and look forward with anticipation as the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) announced a new six-year labor contract on June 14, 2023. This noteworthy development tells us that stability and optimism for the West Coast ports and the entire supply chain fraternity […]

Port Labor: Crucial or Minor Inconvenience

Light was shed earlier this month on the contradicting perspectives that continue to cause uncertainty with labor negotiations between the International Longshore Workers Union (ILWU) and the Pacific Maritime Association (PMA). Whether the situation is “crucial” or “a minor inconvenience” , as quoted by the respective groups, is yet to be determined.  The contradicting perspectives […]