ZIM Stock Drops as US Dockworkers Settle Strike

Reported 3 months ago

Shares of ZIM Integrated Shipping Services saw a decline as US dockworkers return to work following a settlement in their labor dispute. The resolution of the strike between the International Longshoremen's Association and the United States Maritime Alliance has reduced the likelihood of increased freight rates, which may have positively impacted shipping companies' profits.

Source: YAHOO

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