The Iran War Is Throwing Global Shipping Into Chaos
CommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyAfter years of chaos in the global supply chain, Ryan Petersen, CEO of the logistics company Flexport, felt 2026 might offer some modicum of order. The pandemic was firmly in the rearview mirror. Red Sea shipping channels—which had been closed due to the Gaza crisis—were finally opening. The Supreme Court struck down many of Donald Trump’s tariffs, and some Flexport customers were hoping for refunds. Petersen could finally concentrate on what he had identified as the company’s major push of the year—embracing the latest AI technologies to make Flexport run more efficiently.Then the United States and Israel went to war with Iran. Chaos is back, and it’s going to cost us all.I spoke with Petersen this…
