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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

ZIM Sees Cost Improvements Amid Ongoing Market Headwinds

Odessa, - ,Ukraine,-,August,16,2019:,Transportation,Of,Zim

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares are trading lower on Thursday.

Yesterday, the company reported second-quarter results. Adjusted EBITDA for the second quarter was $472 million, a year-over-year decrease of 38%.

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