The Deployment of hoopoSense Solar
Cutting-Edge, Robust, and Cost-efficient Trackers on a Large Scale
Puts ZIM at the Forefront of Technological Innovation in this
Field
ZIM's Smart Container Powered by Hoopo is
Designed to Improve Supply Chain Management with Highly Durable,
Safe, and Power-Efficient Tracking Solution
HAIFA,
Israel, Jan. 9, 2024 /PRNewswire/ -- ZIM
Integrated Shipping Services Ltd. (NYSE: ZIM), a global
container liner shipping company, announced today an agreement with
Hoopo Systems Ltd. for the wide-scale deployment of cutting-edge
tracking devices in its dry-van container fleet.
The deployment of Hoopo's trackers puts ZIM at the forefront
of technological innovation in this field, and underscores ZIM's
dedication to delivering unparalleled solutions to its customers,
as this advanced solution offers comprehensive tracking information
including geofence alerts and open/close door notifications and
more, while ensuring high reliability and durability combined with
significant cost and energy efficiencies.
In 2022, ZIM announced an investment in Hoopo Systems, a
trailblazing company specializing in the development of innovative
tracking solutions for unpowered assets. Lately, Hoopo
completed the development of hoopoSense Solar, its new product for
the maritime industry, enabling ZIM to outline an extensive project
to integrate these cutting-edge tracking devices into ZIM's dry-van
container fleet.
The decision to adopt Hoopo's solution followed an exhaustive
and meticulous evaluation process that entailed extensive pilot
testing comparing the hoopoSense Solar with several of the market's
foremost tracking solutions. After this thorough and rigorous
analysis, it unequivocally emerged that Hoopo's solution excelled
as the pinnacle of technological advancement and the most fitting
choice to fulfill ZIM's requirements.
Eli Glickman, President, and
CEO of ZIM said: "We are delighted to witness the fruition
of our investment in Hoopo's unique technological solution. We are
now ready to deploy their cutting-edge, durable, and cost-efficient
tracking devices on a large scale. This deployment will
significantly elevate our service levels, providing invaluable
information to our customers while ensuring transparency and
reliability."
Ittay Hayut, CEO & Co-Founder of Hoopo added: "At
Hoopo, we understand that dry container visibility is not only a
fundamental operational and logistics need but also a critical
market requirement. Our unwavering mission has been to engineer a
tracking solution for the maritime industry that delivers the most
reliable data and boasts an extended lifespan to equal a container
lifetime. In our design, we have prioritized our commitment to
innovation by embedding highly advanced technologies while ensuring
seamless updates as new technologies emerge in the future. Having
ZIM as a strategic investor and a design partner reassured that our
solution provides a market-fit response to the industry's evolving
challenges and needs. We take pride in the agreement with ZIM,
evidencing our offering of unparalleled value to our customers.
The ZIM global rollout is poised to install Hoopo's top-tier
tracking devices on its hundreds of thousands of dry-van
containers.
About ZIM
Founded in Israel in 1945, ZIM
(NYSE: ZIM) is a leading global container liner shipping company
with established operations in more than 90 countries serving
approximately 34,000 customers in over 200 ports worldwide. ZIM
leverages digital strategies and a commitment to ESG values to
provide customers innovative seaborne transportation and logistics
services and exceptional customer experience. ZIM's differentiated
global-niche strategy, based on agile fleet management and
deployment, covers major trade routes with a focus on select
markets where the company holds competitive advantages. Additional
information about ZIM is available at www.ZIM.com.
About Hoopo Systems
Hoopo was founded in 2016 by a team of leading experts in RF
communications and geolocation technologies. It offers a unique
power-efficient tracking solution that enables real-time Location
Intelligence including both tracking and status monitoring for
unpowered assets. By integrating a suite of innovative
technologies, Hoopo's system ensures accurate asset positioning
while maximizing power efficiency and cost. Hoopo is working on
supply-chain innovation with leading companies in transportation,
aviation, waste management, and maritime logistics.
To learn more about Hoopo, visit https://www.hoopo.tech or
contact sales@hoopo.tech
Forward-Looking Statements
The following information contains or may be deemed to contain
forward-looking statements (as defined in the U.S. Private
Securities Litigation Reform Act of 1995). In some cases, you can
identify these statements by forward-looking words such as "may,"
"might," "will," "should," "expect," "plan," "anticipate,"
"believe," "estimate," "predict," "potential" or "continue," the
negative of these terms and other comparable terminology. These
forward-looking statements, which are subject to risks,
uncertainties and assumptions about the Company, may include
projections of the Company's future financial results, its
anticipated growth strategies and anticipated trends in its
business. These statements are only predictions based on the
Company's current expectations and projections about future events
or results. There are important factors that could cause the
Company's actual results, level of activity, performance or
achievements to differ materially from the results, level of
activity, performance or achievements expressed or implied by the
forward-looking statements. Factors that could cause such
differences include, but are not limited to: market changes in
freight, bunker, charter and other rates or prices, supply-demand
fluctuations in the containerized shipping market, new legislation
or regulation affecting the Company's operations, new competition
and changes in the competitive environment, our ability to achieve
cost savings or expense reductions, the outcome of legal
proceedings to which the Company is a party, global, regional
and/or local political instability, inflation rate fluctuations,
capital markets fluctuations and other risks and uncertainties
detailed from time to time in the Company's filings with the U.S.
Securities and Exchange Commission (SEC), including under the
caption "Risk Factors" in its 2022 Annual Report filed with the SEC
on March 13, 2023.
ZIM contacts
Media:
Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-865-2520
shats.avner@zim.com
Investor Relations:
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
212-477-8438
lberman@igbir.com
Hoopo Contacts
Tal Leemor
VP of Marketing & Partnerships
Hoopo Systems
424-214-1561; +972-54-584-1396
tal@hoopo.tech
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SOURCE Zim Integrated Shipping Services Ltd.; Hoopo Systems
