Evergreen expects better profitability as freight rates rise

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Renewed optimism at Taiwan’s largest container line, as Evergreen vice-chairman Bronson Hsieh tells reporters that better cost control and higher freight rates, as well as better-than-expected volumes on the trunk Asia-Europe trade, are giving executives at the line the hope that 2014 could be a turnaround year. We shall see, especially given the amount of new capacity that still remains to be delivered.