ZIM Shipping Zooms Ahead of Peers With China Success, Canada Routes — Panjiva
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ZIM Shipping Zooms Ahead of Peers With China Success, Canada Routes

Corp - Shipping 1030 Mode - Containerized 1525 Mode - Seaborne 1846 U.S. 5404

The container shipping industry is facing a tough end to 2019. Volumes handled on U.S.-inbound routes fell by 5.5% year over year in November, following a 7.3% slide in October. The shipping firms also face uncertainties regarding fuel costs related to new sulfur emission rules and potential greenhouse gas regulations. The policy environment has been more favorable though with shipping alliances retaining their exemption from competition rules while the U.S.-China phase 1 trade deal may reduce pressure on volumes. The worst performing shipping line on U.S.-inbound routes in November w...

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