Indian Transport & Logistics profile picture Indian Transport & Logistics profile picture
Indian Transport & Logistics
26 w

ZIM reported a net income of $296 million for the first quarter of 2025, an increase of 222 percent from the same period last year on higher rates and volumes.

#zim #netincome #q12025 #freightrate #freight #shipping

ZIM maintains 2025 outlook, Q1 net income zooms to $296 million
www.itln.in

ZIM maintains 2025 outlook, Q1 net income zooms to $296 million

Carried volume increased 12% to 944,000 TEUs in first quarter, and average freight rate was up 22% at $1,76/TEU.
Indian Transport & Logistics profile picture Indian Transport & Logistics profile picture
Indian Transport & Logistics
35 w

Israeli carrier ZIM reported a net income of $2.15 billion for the full year 2024 as against a loss of $2.7 billion in 2023 on higher volume and freight rates.

#zim #israeli #freightrates #zimreports2024 #shipping

ZIM 2024 revenue up 63%, net income at $2.15bn on higher rates
www.itln.in

ZIM 2024 revenue up 63%, net income at $2.15bn on higher rates

Volume carried increased 14% to 3.7 million TEUs, and average freight rate was up 57% at $1,888 per TEU.
Logistics Update Africa profile picture Logistics Update Africa profile picture
Logistics Update Africa
2 yrs

ZIM expands 40Seas partnership to offer digital financing solutions

#zim #40seas #ship4wd #eliglickman #eyalmoldovan

ZIM expands 40Seas partnership to offer digital financing solutions
www.logupdateafrica.com

ZIM expands 40Seas partnership to offer digital financing solutions

ZIM customers will be able to defer payment for freight charges for maximum period of 90 days from invoice date
Logistics Update Africa profile picture Logistics Update Africa profile picture
Logistics Update Africa
2 yrs

WaveBL raises $26mn, Series B round led by NewRoad Capital Partners

#news #wavebl #newroadcapitalpartners #zim #mariusnacht #contourventurepartners #franksica #techstarscentral #reefknotinvestments #temasek #kuehnenagel #noamrosenfeld #garyadams

WaveBL raises $26mn, Series B round led by NewRoad Capital Partners
www.logupdateafrica.com

WaveBL raises $26mn, Series B round led by NewRoad Capital Partners

Funding will fuel WaveBL's global growth and market expansion in digital trade documents sector
Logistics Update Africa profile picture Logistics Update Africa profile picture
Logistics Update Africa
2 yrs

ZIM leads $8mn funding for Spinframe

#zim #spinframe #eliglickman #oridangur

ZIM leads $8mn funding for Spinframe
www.logupdateafrica.com

ZIM leads $8mn funding for Spinframe

Spinframe creates "Digital Twins" for vehicles throughout the supply chain

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