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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 […]

A Midwest Approach to Container Congestion

Los Angeles and Long Beach, California are getting bogged down with millions of containers the focus has been honed onto their issue to get the congestion cleared out so things can run more smoothly. However, in this process, other ports such as Savannah, New York, and New Jersey, are all experiencing congestion of their own with little […]

Bust Bunker Surcharges with Strategy

Bust Bunker Surcharges with Strategy

The announcement of bunker surcharges under Bunker Adjustment Factor (BAF) from ocean carriers comes as no surprise, considering fuel costs for crude oil are up to close to $80 per barrel. The continued disruption of ocean cargo has reached out to impact the other modes, hitting rail and truck shipments hard. Obviously, the carriers have […]

Bestway Through the Eye of the Storm

Hurricane Ida struck Louisiana on Sunday, August 30th The severe weather brought 150MPH wind, closed roads, felled trees, and a million people waiting for services and supplies. When a natural disaster strikes, the first mobilized force to support emergency services are often truckers and trucking networks who divert to deliver supplies and haul away debris. […]

Find your Shipping Quote, the Bestway.

Find your Shipping Rates the Bestway, online.

Have you tried Bestway’s online pricing tool yet? International business is a round-the-clock line of work, and we at Bestway International know that sometimes, you need a shipping quote outside of regular business hours. Given the rapidity with which FCL and LCL shipping rates are changing, as well as air freight rates here in 2021, […]