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Recent News

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. […]

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 […]

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. […]

Don't get burned by undeclared hazmat.

Don’t get burned by undeclared hazmat. Declare properly with Bestway.

Hidden or undeclared hazmat in ocean freight cargo is a dangerous issue that impacts the full length of the supply chain. On Friday, May 14th, the NYK Delphinus, a 4,888 teu containership caught fire off the coast of Monterey, CA, and is currently being towed to the Port of Oakland where the fire damage will […]

Circumvent Supply Chain Issues, the Bestway

Equipment scarcity has been a scorchingly hot topic in supply chain management over the last year, along with the increased loss of containers at sea and a containership getting stuck in the Suez Canal. The crisis of compounding issues has built a level of disruption that could be considered biblical had it not been visible […]

The Global Impact of the Suez Canal blockage

The nearly weeklong Suez Canal blockage will have weeks and months-long implications for global trade. Rapid growth in global demand for container transportation means that carriers are overly reliant on a handful of routes for moving everything from agricultural commodities to consumer goods, e-Commerce packages and empties around the world.  During the crisis, there were […]

Broker leaving you out in the cold?

We all know what it’s like to shop at a warehouse store. If you’re an empty nester like me (we’re not true empty-nesters, but with one reclusive teen under our roof it feels like we are), do you really need 18 rolls of paper towel or two dozen eggs at a time? Probably not, but […]

Four ways to become and remain a “shipper of choice”

Trust, dependability, and reputation are qualities that take years to achieve but can shatter in an instant with bad practices or disrespect toward others. Being a shipper of choice isn’t a standard qualification the way being a Known Shipper is; instead, it’s a more fluid and living classification that’s determined by individual companies based on […]