Red Sea attacks still taking toll on global chemical shipping industry

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. “It’s having an impact mainly in Europe and Asia. It’s rearranging routes because the rates for containers have really gone through the…

Forward Air adds second former Yellow executive to financial team

Forward Air announced Wednesday that it has added another former Yellow Corp. employee to its financial leadership team. It also said that recently named interim Chief Financial Officer Jamie Pierson will continue in that role on a permanent basis. James Faught has joined the Greeneville, Tennessee-based less-than-truckload provider effective Wednesday as chief accounting officer. Faught…

Freight forwarding company president charged with smuggling tech to Russia

The president of a freight forwarding company in Florida has been indicted on charges related to allegedly smuggling advanced scientific technology to Russia. A grand jury indicted Kirill Gordei, a 34-year-old Belarus citizen who lives in Hallandale, Florida, and is president of Apelsin Logistics. The company is in Hallandale Beach, a city between Fort Lauderdale…