Why Zim Integrated Shipping Is Higher Today

It is a tough market for shipping companies, but Zim Integrated Shipping Services (ZIM 6.33%) managed to stay nimble and navigate through the rough waters successfully.Shares of the Israel-based cargo ship operator soared as high as 13.5% on Monday morning, and traded up 7% as of 2:30 p.m. ET on a strong earnings report and reaffirmed full-year guidance. Full steam ahead in a difficult marketZim is a global container shipping company serving more than 330 ports worldwide. The company grew revenue by 28% to ...