It is interesting how the media is beginning to push a narrative suggesting air freight is a better alternative to shipping, citing experts from....air cargo companies...In an age where air freight is being touted as a viable alternative to shipping, Zim has shown remarkable resilience and adaptability.
Container ship diversions around Cape of Good Hope now appear likely to last for months. Spot rate gains from diversions will almost certainly extend into the period when 2023 annual trans-Pacific contracts are negotiated, pushing up contract rates.
This company has shown remarkable adaptability in a rapidly changing industry, and I believe it is well-positioned to capitalize on the challenges and turn them into opportunities.
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