Here's Why Investors Should Retain ZIM Stock in Their Portfolio Now

ZIM Integrated Shipping Services’ (ZIM) top line is benefiting from robust operational capacity. The collaboration with Hoopo also bodes well for the company. However, ZIM is grappling with increased operating costs, adversely impacting the company’s prospects.Factors Favoring ZIMZIM's top line is bolstered by impressive growth in both freight rates and carried volume, driving total revenues to $2.77 billion for the third quarter of 2024, a notable increase from $1.27 billion in the same period of 2023. The ...