Zim expects elevated freight rates to continue amid record Q3 profits

[caption caption="Zim said its third-quarter liftings rose 16 percent year on year to 884,000 TEU. Photo credit: Shutterstock.com."][/caption]Port congestion, logistics bottlenecks, and driver and equipment shortages will keep container freight…

[caption caption="Zim said its third-quarter liftings rose 16 percent year on year to 884,000 TEU. Photo credit: Shutterstock.com."][/caption]Port congestion, logistics bottlenecks, and driver and equipment shortages will keep container freight rates high until at least early next year, a senior executive at Israel’s Zim Integrated Shipping Services said Wednesday.   “We...