Universal Logistics adds Parsec
NewsUniversal Logistics Holdings, Inc. has entered the rail terminal services market by acquiring the Parsec group of companies.
China pins its future on intermodal rail
In 2018, over 13M TEU was transported by rail in China. This was up 33.4% on the previous year, and according to the China Container Industry Association’s Muyuan Li, it was the third year in succession that growth rates exceeded 30%.
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