Zim invests in tracking system for its container fleet as it seeks a USP

15/08/2022

Ahead of its interim results on Wednesday, Zim today announced a $5.5m investment in a dry container tracking system it claims has “the potential to revolutionise” the industry.

The backing by the Israeli ocean carrier in the financing first round of compatriot Hoopo Systems takes its funding in supply chain management systems since June to a significant $16.5m, as it looks at positioning itself as a leading carrier of choice after freight rates are more normalised.

Zim’s support is intended to assist ...