TS Lines was established on July 6, 2001. At time of establishment, TS Line immediately became a full service company with complete teams of personnel in documentation, operations, and financial management. This has propelled TS Line to the fourth larges ocean freight company in Taiwan shortly following its creation. Although TS Lines came onto the scene during an economic recession, the company took advantage of its flat organizational structure and its experienced and energetic employees to lower operating costs and maintain profitability throughout the recession. Through Mr. Chen¡¦s leadership and personnel management, TS Lines was very competitive. Additionally TS Lines took advantage of the recession by acquiring fixed assets at great discounts that included high quality ships, containers, and other resources to diversify its operations, thus minimizing its market risks. These efforts increased TS Lines¡¦ competitiveness in ocean freight market and accelerated its growth.