Evergreen to increase USD 1,000 in freight for USA routes


According to Alphaliner, Evergreen Marine Corp will impose an additional fee of USD 1,000 on container transport on US routes starting in January after observing an increase in demand in the current month.
Company president Eric Hsieh said the company had seen demand pick up in December following the easing of Covid restrictions in China, citing load factors above 90% this month. In contrast to recent comments from European airlines, the company said it expected strong business conditions ahead of the start of the Chinese Lunar New Year on January 22.

Hsieh made the comments at a news conference to announce his new investment in real estate development company Charing Yang Development, bringing his stake to 50%. Evergreen Marine will also purchase two office buildings from Evergreen International Corp which it intends to use for its own purposes in lieu of a leased property.

The carrier also recently spent $65 million purchasing 7,800 new-build reefers from Dong Fang International and another $51.5 million on nearly 15,970 new and existing non-refrigerated containers from other members of the Evergreen group.

Source: Alphaliner

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