FreightPower

Freight rates have collapsed from Shanghai to Rotterdam and LA.

Share pricing of listed ocean carriers has plunged in 2022. Zim (NYSE: ZIM) is down 59% year to date, Maersk 42%, and Hapag-Lloyd 41%. But still-booming cash flows look like they’ll take a lot longer to wind down than share prices imply.

We are a leading provider of technology-enabled business process outsourcing, serving the transportation and logistics needs of our clients. Our proprietary web-based technology, dedicated service teams and robust procurement power enables our clients to see significant transportation savings while receiving best-in-class service.