USEC

ZIM Reports Financial Results for the Third Quarter and First Nine Months of 2022

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Wednesday, November 16, 2022

HAIFA, Israel, Nov. 16, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2022.

Key Points: 
  • ZIM carried 842 thousand TEUs in the third quarter of 2022, compared to 884 thousand TEUs in the third quarter of 2021.
  • Net income for the third quarter of 2022 was $1.17 billion, compared to $1.46 billion for the third quarter of 2021.
  • Adjusted EBIT was $1.55 billion for the third quarter of 2022, compared to $1.86 billion for the third quarter of 2021.
  • ZIM carried 2,557 thousand TEUs in the first nine months of 2022, compared to 2,623 thousand TEUs in the first nine months of 2021.

ZIM Reports Record Financial Results for the First Quarter of 2022

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Wednesday, May 18, 2022

HAIFA, Israel, May 18, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2022.

Key Points: 
  • Net income for the first quarter of 2022 was $1,711 million, compared to $590 million for the first quarter of 2021.
  • ZIM carried 859 thousand TEUs in the first quarter of 2022, compared to 818 thousand TEUs in the first quarter of 2021.
  • The average freight rate per TEU was $3,848 for the first quarter of 2022, compared to $1,925 for the first quarter of 2021.
  • Capital expenditures totaled $183 million for the first quarter of 2022, compared with $133 million for the first quarter of 2021.

ZIM Provides Update on Operational Cooperation Agreement with the 2M Partners

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Thursday, January 27, 2022

HAIFA, Israel, Jan. 27, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) updated today on the status of its discussions with its 2M alliance partners in connection with their operational cooperation agreement.

Key Points: 
  • HAIFA, Israel, Jan. 27, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) updated today on the status of its discussions with its 2M alliance partners in connection with their operational cooperation agreement.
  • ZIM and the 2M alliance partners have agreed, in principle, to extend their existing operational collaboration agreement on the Asia US East Coast and Asia US Gulf Coast trades based on a full slot exchange and vessel sharing agreement (subject to finalizing the related documentation and to regulatory approval).
  • The new agreement is expected to be concluded by the beginning of February 2022 and become effective on April 1, 2022.
  • ZIM does not make any prediction or statement about the performance of its securities.

AJC Logistics Announces New AJC Freight Solutions Brand

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Tuesday, January 11, 2022

ATLANTA, Jan. 11, 2022 /PRNewswire/ -- AJC Logistics proudly announces its new global brand, AJC Freight Solutions.It consolidates all domestic freight and international shipping services to streamline operations, improve customer service, simplify processes, and provide a singular focus for transportation and logistics customers.AJC Freight Solutions provides trucking services across the U.S., Canada, and Mexico.Internationally, the new brand provides full ocean shipping services to and from the U.S. via more than 60 global ports.

Key Points: 
  • ATLANTA, Jan. 11, 2022 /PRNewswire/ -- AJC Logistics proudly announces its new global brand, AJC Freight Solutions.It consolidates all domestic freight and international shipping services to streamline operations, improve customer service, simplify processes, and provide a singular focus for transportation and logistics customers.AJC Freight Solutions provides trucking services across the U.S., Canada, and Mexico.Internationally, the new brand provides full ocean shipping services to and from the U.S. via more than 60 global ports.
  • AJC Logistics announces new brand, AJC Freight Solutions
    While the AJC Freight Solutions brand is new, its operational capacity is not.It has a 50-year legacy of innovative logistics expertise stemming from the parent company of AJC Logistics, the AJC Group, which was founded in 1972 and is a multi-billion-dollar company supplying food to more than 130 countries across the globe.
  • Long-term team members and existing relationships with shippers and carriers will continue to solve logistics and transportation issues for AJC Freight Solutions customers.
  • In addition to AJC Freight Solutions, other brands within AJC Logistics include Eagle Logistics Systems providing freight to and from Puerto Rico via a state-of-the-art warehouse in Jacksonville, FL.And on the USWC, SeaWide Express handles freight of all kinds to and from Alaska, Hawaii and Guam.

2020 Water Efficiency and Sanitation Standard (WE•Stand) Published as American National Standard

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Monday, November 8, 2021

ONTARIO, Calif., Nov. 8, 2021 /PRNewswire/ --The International Association of Plumbing and Mechanical Officials (IAPMO) has published the 2020 Water Efficiency and Sanitation Standard (WEStand) as an American National Standard.

Key Points: 
  • ONTARIO, Calif., Nov. 8, 2021 /PRNewswire/ --The International Association of Plumbing and Mechanical Officials (IAPMO) has published the 2020 Water Efficiency and Sanitation Standard (WEStand) as an American National Standard.
  • Developed by IAPMO and first published in 2017, WEStand is the first-ever standard that focuses solely on achieving safe and efficient water use in residential and non-residential buildings.
  • "The 2020 WEStand achieves that goal while maintaining protection of the public health, safety and welfare.
  • Key provisions of the 2020 WEStand include:
    Alternate water sources for nonpotable applications such as gray water systems, reclaimed (recycled) water systems, and on-site treated nonpotable water systems