Recent News
Understanding Incoterms and EXW for International Shipping
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 […]
Surcharges Loom as Labor Disruptions Threaten US East and Gulf Coast Ports
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 […]
Understanding Incoterms in Trade: A Guide to Smooth International Transactions
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. […]
Best Practices for Efficient International Shipping: A Guide from Bestway International
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 […]
Sustainability in Supply Chain Management: Why Bestway is Your Best Choice
Sustainability and efficiency are inextricably linked to effective supply chain management and logistics planning. Companies increasingly recognize the importance of adopting environmentally friendly practices to reduce their carbon footprint and meet the growing demand for sustainable service and support. Bestway International offers innovative solutions that enhance efficiency and promote supply chain sustainability while delivering unparalleled […]
The Impact of Technology on Logistics: Why Bestway is Your Essential Partner
Exciting opportunities arise in logistics to embrace state-of-the-art technology to improve efficiency, transparency, and customer satisfaction. With logistics becoming more complicated, leveraging advanced technology is indispensable. Bestway International is eager to be your trusted partner in ensuring the success of your logistics strategy. Let’s work together to navigate these changes and achieve outstanding results. The […]
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 […]
Leveraging Advisory Services in Logistics: The Bestway Advantage
Businesses need more than just standard shipping solutions; they require expert guidance to navigate the intricacies of supply chain management, optimize operations, and make informed decisions. This is where Bestway International Logistics comes in, offering unparalleled logistics advisory services that add immense value to our clients’ operations. The Value of Logistics Advisory Services Logistics advisory […]
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 […]