Why Zim Integrated Shipping Stock Is Cruising Higher Today
ZIM Integrated Shipping Services .(ZIM) The Motley Fool·2024-01-29 15:59Tension in the Middle East is causing chaos in key global shipping routes, which could alter the economics of of the region's top shippers. Shares of Zim Integrated Shipping Services (ZIM 5.36%) are up 10% as of 10 a.m. ET Monday after an analyst said "the script has flipped" for the once-challenged company.Rough geopolitical seas are changing the narrative around shippers2023 was shaping up to be a tough year for global shipping companies, with concerns about the economy worldwide and a post-pandemic deman ...