Securing approval for the $4.2 billion deal has proven to be a difficult task, given Tel Aviv’s framing of the Zim acquisition as a national security issue.
The carrier's apparent decision to return the TPI loop to the Red Sea/Suez route comes amid mounting industry pressure as several competing services have already made the move.
The carrier boosted its earnings guidance for the year by approximately $1 billion, citing continued strength in spot freight rates.
