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Peak Season Prime

Priming the Pump for Peak Season

Peak season has been merely a fond memory throughout the pandemic as the breakneck pace of cargo and e-commerce took on the disruption in the supply chain and grew into a monolith of commerce. The period during late summer when retailers begin shipping cargo for the holiday shopping season, the peak itself is returning to […]

Deglobalization

Deglobalization on the Rise

When Shanghai and other parts of China went on multiple lockdowns in attempts to curb the spread of Covid-19 it repeatedly brought the global supply chain to its knees. Earlier in June, lockdown orders were finally rescinded, but now, with the advent of the new Omicron BA.5 sub-variant, China is bracing for additional rounds of […]

Trucking's Great Purge

Trucking’s Great Purge

During the pandemic, consumers turned their attention to e-Commerce, causing a massive influx of freight into the United States and the freight market to surge with almost double the amount of new players entering the industry.  However, now that the market is facing the crack of the supply chain bullwhip, coupled with an impending recession, […]

Shanghai Situation

Shanghai Lockdowns: What Does It Mean for Stateside Logistics?

As the Chinese government continues its staunch “zero-Covid” campaign, which includes lockdowns, mass testing, and alarms on residents’ doors to ensure compliance, these measures have brought one of the biggest financial and production hubs in the world to a near standstill. When the movement of goods and services stops in Shanghai, it affects the global […]

East Coast Congestion

Congestion: East Coast Angst

In the San Pedro Bay ports of Los Angeles and Long Beach, average vessel waiting times for berth and labor have improved significantly in the past few weeks, halving the number of queuing ships to below 50 from the 100+ ships last year around December. According to the latest data from Los Angeles’ Signal port […]

fuel surcharges

Costly Miles: Running with Empties

As you know, fuel surcharges (FSCs) are used by carriers to compensate for variations in diesel prices for paid mileage. But deadhead, out-of-route miles, and idle time are not covered by FSCs. As the cost of fuel rises, so does the cost of running out of gas. Increased fuel costs alone might drive up the […]

Fuel Rates Risin

Roll out the Barrel: Fuel Rates Rising

The world consumes roughly over 97 million barrels of oil per day. The US currently has 35 billion barrels in reserve today, making it 11th in the global rank of oil reserves. We could stop drilling right now and still have enough oil to last us for just under 50 years before we ran out. […]

FMC Fees

FMC Detention Fees Fire Up

The FMC has received a response from Wan Hai, the Taiwanese carrier denying the illegality of the detention and demurrage charges applied to twenty-one containers. The issue arises from an FMC investigation that is looking into the way charges are applied and if there are mitigating circumstances that precluded a prompt pick-up. Demurrage and detention […]

Truckload of News

On the Rise & By the Truckload

Concerns that truckload pricing will continue to rise in 2022 bear out as analysts predict tighter capacity on the horizon. One of the market signifiers, the last time spot rates increased in the month of January was back in 2018 at the start of a bull market that lasted well into June of that year. […]

China

Forced Labor, China, & Trade

With the issues and events impacting US trade from China, including the coming Beijing Olympics, Lunar New Year public holiday, and changing COVID restrictions, trade actions against Chinese goods that are made in Xinjiang produced using forced labor have emerged as critical. As awareness and evidence of genocide, forced internment, and human rights abuses mount, […]

Reviewing 2021

Reviewing 2021 & the Bestway forward

You know the old saying, “It’s always darkest before the dawn.”  Upon reviewing 2021, it’s easy to see we’ve had quite the year, from setting new records in the LA and LB ports back in June, to being so bogged down with cargo sitting, unable to be moved. And it didn’t help things globally when […]

Bills of Waiting: Port Fees & TMF Increases

Bills of Waiting: Port Fees Fiasco

As the port fees start pouring in from the delayed cargo at the ports, logistics professionals say the retailers and cargo owners will ultimately pay the cost of the drastic new fees announced back in October in response to the mounting congestion disrupting the US supply chain. The port fees purportedly penalize the ocean carriers […]