Today in Global Small Business: Why Are the Houthis Attacking the Red Sea Ships?
©iStock/PeterHermesFurian What's affecting me, my clients, my colleagues and other global small business owners: Why are the Houthis attacking the Red Sea ships. The Red Sea shipping crisis: lessons for importers . The impacts of the Red Sea crisis. Quote of the week: "What’s happened right now is short-term chaos, and chaos leads to increased costs,” says Ryan Petersen, CEO of the supply chain management company Flexport. “Every ship that gets rerouted has 10,000 containers on it. It’s a lot of emails and phone calls getting made to replan each of those container journeys.” Many companies are impacted by the Red Sea conflict, including the arts . How the shipping industry is dealing with the tensions in the Red Sea.