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Three freight forwarders report growth

Three freight forwarders report growth By Kao Shih-ching / Staff reporter Taiwan’s three listed freight forwarders yesterday reported annual growth in first-quarter revenue as freight rates remain high amid rising demand. T3EX Global Holdings Corp (台驊國際投資控股) reported the largest increase, 133.16 percent to NT$5.89 billion (US$207.13 million), ahead of Dimerco Express Corp’s (中菲行) 66.4 percent growth to NT$6.89 billion and Soonest Express Co’s (捷迅) 35.69 percent expansion to NT$1.06 billion, data from the companies showed. T3EX’s revenue generated from sea freight business advanced 208 percent from a year earlier to a record NT$3.86 billion in the first quarter, the company said. Ground crew workers unload a China Airlines Ltd cargo airplane at Taiwan Taoyuan International Airport in an undated photograph.

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