The New Service Expands ZIM's Speedy Premium Services for eCommerce
Customers
HAIFA, Israel, March 14, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services
Ltd. (NYSE: ZIM) announced
today the launch of ZIM Ecommerce Baltimore Express (ZXB), a
new and speedy e-commerce service, in March
2022.
ZXB will operate on the following route:
Yantian – Cai Mep - Baltimore – New York – Boston – Yantian
The service will commence with a bi-weekly frequency and build
up to weekly within a few months. Exact schedule and vessels line
up will be published in the coming days.
ZXB will be operated exclusively by ZIM, offering customers a wide range of
advantages including the fastest transit time to Baltimore; guaranteed space and equipment
without rolling; late cutoff from Asia
Ports; dedicated out-of-gate lane to avoid queues in
Baltimore; and expedited
rail/air/road connections to inland destinations. All wrapped with
ZIM's unique "A2Z" customer
centric customer service offering.
Eli Glickman, ZIM President & CEO noted: "The
opening of this new service is another example of our efforts to
develop our speedy and dedicated premium lines, which constitute a
highly competitive alternative to air freight. As part of our
vision and strategy, we are taking initiatives to support our
customers especially during this difficult time of supply chain
disruptions. This new line is another building block in our
ZIM eCommerce eXpress lines, which
we launched in 2020 with our first line from South China to Los
Angeles and developed to become a network of multiple lines
with the addition of the new ZXB service."
About ZIM
ZIM (NYSE: ZIM) is a global container liner shipping
company with leadership positions in the markets in which it
operates. Founded in Israel in
1945, ZIM is a veteran shipping
liner, with decades of experience providing customers with
innovative seaborne transportation and logistics services, a
reputation for industry-leading transit times, schedule reliability
and service excellence. Additional information about ZIM is available at www.ZIM.com.
Forward-Looking Statements
This press release contains, or may be deemed to contain
forward-looking statements (as defined in the U.S. Private
Securities Litigation Reform Act of 1995 and the Israeli Securities
Law, 1968). In some cases, you can identify these statements by
forward-looking words such as "may," "might," "will," "should,"
"expect," "plan," "anticipate," "believe," "estimate," "predict,"
"potential" or "continue," the negative of these terms and other
comparable terminology. These forward-looking statements, which are
subject to risks, uncertainties and assumptions about the Company,
may include projections of the Company's new service capabilities
and advantages, future financial results thereof, as well as its
anticipated growth strategies and anticipated trends in its
business. These statements are only predictions based on the
Company's current expectations and projections about future events
or results. There are important factors that could cause the
Company's actual results, level of activity, performance or
achievements to differ materially from the results, level of
activity, performance or achievements expressed or implied by the
forward-looking statements. Factors that could cause such
differences include, but are not limited to: market changes in
freight, bunker, charter and other rates or prices, new legislation
or regulation affecting the Company's operations, new competition
and changes in the competitive environment, the outcome of legal
proceedings to which the Company is a party, and other risks and
uncertainties detailed from time to time in the Company's filings
with the U.S. Securities and Exchange Commission, including under
the caption "Risk Factors" in its 2020 Annual Report.
Although the Company believes that the expectations reflected in
the forward-looking statements contained herein are reasonable, it
cannot guarantee future results, level of activity, performance or
achievements. Moreover, neither the Company nor any other person
assumes responsibility for the accuracy and completeness of any of
these forward-looking statements. The Company assumes no duty to
update any of these forward-looking statements after the date
hereof to conform its prior statements to actual results or revised
expectations, except as otherwise required by law.
ZIM Contacts
Media:
Avner Shats
ZIM Integrated Shipping Services
Ltd.
+972-4-8652520
shats.avner@zim.com
Follow us on LinkedIn
Logo -
https://mma.prnewswire.com/media/1458457/ZIM_Logo.jpg