ZIM records all-time highest Q3 performance

ZIM has presented its highest ever performance in the third quarter, according to Eli Glickman, the company’s president and CEO, who expects equivalent results in the last quarter of the year.

The Israeli carrier has announced a net profit of US$144.4 million in the third quarter, compared to US$5 million in the same period last year, and adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of US$262.1 million, an increase of 145.4% compared to 2019 Q3.

“This...

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