HONG KONG — Chinese e-commerce giant Alibaba Group Holding's joint venture in Russia has laid off about 40% of employees since the invasion of Ukrain
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Zim bucks a flat market with Q1 volume growth and record profit
Zim’s strategy of launching new services in high-demand markets, while restricting its contract portfolio on the transpacific, boosted its first-quarter liftings growth and average rate per teu above the industry par. Where most carriers have reported year-on-year declines in volumes in Q1, due to port congestion, the Israeli carrier saw liftings rise 5%, to 859,000…
