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Latest From Mike King
Several carriers have stopped offering haulage services for some markets because of trucking shortages and price hikes
Congested terminals are aggravating trucking shortages, along with suffocating regulation, rising fuel costs, driver shortages and strong demand for containerised cargoes
Global freight index increases to its highest point this year − currently 7% up on last year’s prices
Surging cost of hinterland connections from ports is increasingly being reflected in ‘all-in’ ocean freight transpacific contracts
Changing distribution model requires infrastructure changes
China’s LNG import capacity will more than double by 2021 with more gas distributors, power generators and independent refineries becoming terminal operators