Universal Logistics adds Parsec
NewsUniversal Logistics Holdings, Inc. has entered the rail terminal services market by acquiring the Parsec group of companies.
Manila, the Philippines’ largest port, has long suffered from congestion, but delays in 2014 have been among the worst ever, with some ships waiting 14 days for a berth. The ports urban location has led to unwelcome road congestion and a failed attempt by the city to ban truck movements during the day.
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