Economics
Cargo Containers Jam Manila Docks in Rush-Hour Truck Ban
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Cargo containers filled with goods from toys to electronics are piling up on Manila’s docks as a rush-hour truck ban threatens to dent growth in the Philippines, Southeast Asia’s fastest-expanding economy.
Incoming cargo boxes have lingered at International Container Terminal Services Inc.’s 100-hectare port facility an average of 10 days -- up from the usual six -- since Mayor Joseph Estrada declared the ban in February, Christian Gonzalez, the company’s regional head, said in an interview. The port, which can’t be accessed without going through Manila’s roads, handles more than half of the nation’s overseas freight.