Universal Logistics adds Parsec
NewsUniversal Logistics Holdings, Inc. has entered the rail terminal services market by acquiring the Parsec group of companies.
The EBRD and ICBC Turkey (a branch of the Industrial and Commercial Bank of China) have each agreed to provide loans of US$30M to help finance a US$86M project by Arkas Holding and Duisport (Duisburger Hafen) to build and operate Turkey’s first privately run inland rail port. It will be located in Kocaeli province, a major industrial region that includes the port city of Izmit as its capital.
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