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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]