UPS reorg – 'the largest network reconfiguration in history'
‘UPS Reimagined’
What a year 2024 was for Zim. “Exceptional”, claimed CEO Eli Glickman: “Our best results ever outside the extraordinary earnings generated during the Covid period.”
The numbers were strong – full-year revenues up 63% to $8.4bn. Adjusted Ebitda was $3.7bn and adjusted Ebit was $2.5bn, reversing the $2.51bn operating loss it booked in 2023. It saw adjusted Ebitda margin of 44% and adjusted Ebit margin of 30% and ended the year with total liquidity of $3.14 billion.
It declared a dividend of ...
USTR fees will lead to 'complete destabilisation' of container shipping alliances
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Flexport lawsuit an 'undifferentiated mass of gibberish', claims Freightmate
Shippers warned: don't under-value US exports to avoid tariffs – 'CBP will catch you'
Cancelled voyages take the sting out of spot rate declines this week
New Houthi warning to shipping as rebel group targets specific companies
Comment on this article