Evergreen Marine Corporation’s net profit rocketed nine-fold to US$9.5 billion in 2021 and its president Eric Hsieh said today (15 March) that the company expects to repeat its stellar performance in 2022, as congestion in the major US and European ports continues.
Speaking at a press conference to announce Evergreen’s 2021 results, Hsieh said there are five reasons why freight levels will remain high.
He noted, “Firstly, demand exceeds the supply of shipping capacity. Customers are also...
https://container-news.com/evergreen-profit-soars-nine-times-to-us9-5bn-in-2021/