Rising costs, weak rates erase Zim revenue, volume gains

Rising costs, weak rates erase Zim revenue, volume gains
 

Zim reported a net first-half loss of $67.3 million and negative earnings before interest and taxes (EBIT) of $20.9 million. The loss came despite first-half revenue increasing 11 percent to $1.55 billion. Photo credit: Shutterstock.com.

Zim Integrated Shipping Services has become the latest container shipping company to report a net loss, as…
Rising costs, weak rates erase Zim revenue, volume gains
Journal of Commerce