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This statistic highlights Zim Integrated’s Total Carried Volume, reported on a quarterly basis from Q1 2016 onwards.
Zim Integrated Shipping Services Ltd operates in the container shipping industry and has established itself as a leading global shipping company. ZIM’s strategy is to work as a digitally oriented, asset-light carrier, offering unique advantages, advanced digital tools, innovative and premium customer-centric services while maximising profitability. It aims to have a reputation as a top industry performer. The asset-light model, which differentiates the relative to their competition, enables them to benefit from a flexible cost structure and operational efficiency. In turn, it results in an increase in profitability and allows it to serve their customers more effectively.
Period | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 |
Carried volume | 641 | 762 | 800 | 818 | 921 | 884 | 858 |
(all figures are in thousand units)
Zim Integrated’s total carried volume grew from 800 thousand units in Q4 2020 to 858 thousand units in. Q4 2021, marking an increment of 7.25% on a year-on-year basis. However, the total carried volume of the company fell on a quarter-on-quarter basis, from 884 thousand units in Q3 2021 to 858 thousand units in Q4 2021, witnessing a decline of 2.94%.
In the year 2020, the total carried volume of Zim Integrated rose continuously. This positive trend can also be observed from the upward sloping graph in 2020. It witnessed a small incline from 638 thousand units in Q1 2020 to 641 thousand units in Q2 2020, marking a rise of 0.47%. Further, it increased by 18.87% between Q2 2020 and Q3 2020, from 641 thousand units in Q2 2020 to 762 thousand units in Q3 2020. This increase further continued, increasing from 762 thousand units in Q3 2020 to 800 thousand units in Q4 2020, accounting for an increment of 5%. Between Q4 2020 and Q1 2021, the total carried volume of the company rose from 800 thousand units to 818 thousand units, witnessing a growth of 2.25%.
In 2021, the total carried volume of Zim Integrated was subject to ups and downs. Initially, the figure rose from 818 thousand units in Q1 2021 to 921 thousand units in Q2 2021, marking an increment of 12.6%. From here, the total carried volume fell from 921 thousand units in Q2 2021 to 884 thousand units in Q3 2021, witnessing a decline of 4%. Going further, it kept falling, from 884 thousand units in Q3 2021 to 858 thousand units in Q4 2021, declining by 2.94% on a quarterly basis.
Overall, on an analysis of the past 6 years, it can be observed that the total carried volume of Zim Integrated was subject to various fluctuations in all the quarters from Q1 2016 to Q4 2021. During these 6 years, the total carried volume increased from 577 thousand units in Q1 2016 to 858 thousand units in Q4 2021, witnessing a rise of 48.7%.
Zim Integrated was launched in Israel in 1945, and became a pioneer in container shipping in the early 1970s. The company was founded on June 7, 1945 in Haifa, Israel. It has its headquarters in Haifa, Israel. It also has one headquarter in North America in Norfolk, Virginia. It has established itself as a leading global, asset-light container liner shipping company. They provide customers with innovative seaborne transportation and logistics services, covering the world’s major trade routes and focusing on select markets where they have competitive advantages and can maximize their market position. In the shipping and logistics environment, which is highly dynamic, ZIM has set itself apart by having a fresh and unique approach to become the leading carrier. Supporting their central mission of providing the highest level of customer service, they have implemented an innovative, data-driven strategy promoting digitization and introducing creative solutions aimed at meeting customers’ evolving needs.
The company relies on careful analysis of data, using business and artificial intelligence to understand their customers’ needs. They digitize their products, without compromising their long-standing reputation for a distinctly personal approach to customer relations. They operate and innovate as a truly customer-centric company, constantly striving to provide a best-in-class product offering. They operate in select trades across five geographic trade zones. These trades include regions like Transpacific, Cross Atlantic, Cross Suez, Intra-Asia, and Latin America. The common stock of the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol “ZIM”.
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