How Houthis shocked shipping; freight’s new magazine; retail tech – WTT

On episode 672 of WHAT THE TRUCK?!?, Dooner is talking to FreightWaves’ Rachel Premack about how the Red Sea conflict has massively changed shipping outlooks, costs, timelines and supply chain security. Tecsys’ Guy Courtin tells us how their Shopify-powered order management system is helping transform Canadian fashion retailer Eclipse Stores’ supply chain. Loyalty Logistics’ Sean…

Shipping and geopolitical risk: Don’t forget about Korean Peninsula

COVID steered shipping markets in 2000-2022. Geopolitics has steered markets ever since — and future war effects on ocean trade could be even more extreme than they are today. Russia’s invasion of Ukraine rerouted crude oil, refined products, LNG, coal and grain trades. The Israel-Hamas war spawned attacks by Houthi rebels on vessels in the…

Forward Air, Omni reach settlement; merger to close soon

The merger dispute between Forward Air and Omni Logistics was settled just before opening arguments began on Monday. The deal is expected to close in the coming days. With a Delaware courtroom filled with lawyers and potential witnesses, the trial to decide if a once-valued $3.2 billion transaction would proceed was delayed twice before the…