Zim expedited run to Oakland to take slice of high-priced air cargo
ISRAELI flag carrier Zim Integrated Shipping Services later will launch its third expedited transpacific service in a year on April 29 to meet e-commerce demand, and give the Port of Oakland its second first call Asian service
12 April 2021 - 19:00
French shipping giant CMA CGM gave Oakland a long-sought first US inbound port of call from Asia in January, giving it a slice of e-commerce imports.
The Zim service will deploy 4,250-TEU ships linking Kaohsiung, Shanghai, Ningbo, Oakland and Los Angeles, reported IHS Media.
Zim CEO and president Eli Glickman said Zim would launch new services to attract cargo that normally moved via air transport before air freight rates rocketed as passenger jets were parked in the Covid crisis.
Zim last June reentered the Asia-US west coast trade with expedited service to Los Angeles, and then in February launched a Southeast Asian express service to Los Angeles and Tacoma that in seven weeks will also begin calling Shenzhen-Yantian.
In March, the Israel-based carrier said it expects an even stronger 2021 performance on forecasts of continued volume and rate strength, after achieving net income of US$542.2 million for 2020, the highest in its 75-year history.
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