Zim enjoys record growth at double the market rate
Israeli container shipping line Zim beat Wall St expectations after reporting healthy third-quarter results, which ...
ID 317795204 © Marek Uliasz | Dreamstime.com
As quarterly results from ocean carriers begin to filter into the market, we are already witnessing some revealing patterns for operating earnings per teu.
Background
The third quarter was a seesaw for carriers and customers alike.
The Red Sea crisis continued uninterrupted; then we bumped into a peak season on the Asia-Europe trade carried before anyone realised it was even on its way; and North America’s appetite for container imports was healthier than ever, the causes of which are yet to be determined ...
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