ZIM acquires the e-commerce market with the fastest service from southern China to Los Angeles.
ZIM Integrated Shipping Services Ltd. (ZIM) is currently 11 of the world’s largest container shipping lines operating a modern fleet of ships and containers across a global network that provides cargo transportation services on all major global trade routes. ZIM recently achieved positive results in the first quarter of 2020, with total revenue reflecting a 3.4% increase compared to the first quarter of 2019 with an increase of 70.2% in operating cash flow compared to the first quarter of 2019 .. Although the recent escalation of the Covid-19 pandemic had greatly affected global economies and negatively affected the volume of deals, ZIM continued to improve its trade and financial performance and expand its global network of customers. When issuing the results, Eli Glickman, President and CEO of ZIM said: “I am delighted to report a significant improvement in ZIM performance, compared to the same period in 2019.