Israel-based container carrier ZIM reported total revenues of US$8.43 billion for the full year of 2024, compared to US$5.16 billion for the full year of 2023, driven primarily by an increase in freight rates and box volumes.
ZIM carried 3.75 million TEUs in 2024, compared to 3.28 million TEUs in the previous year. At the same time, the average freight rate per TEU was US$1,888, compared to US$1,203 in 2023.
The company’s operating income (EBIT) reached US$2.53 billion, while net income climbed...
https://container-news.com/zim-bounces-back-to-profit-after-2023-losses/