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As UK citizens go to the polls today in a general election viewed by analysts as “too close to call”, a new logistics confidence index continues to register at a high level.

However an underlying trend suggests that intense price competition is leading to “unsustainably low rates” in the industry.

Barclays and shipping accountant Moore Stephens compile the index from a twice-yearly survey by a specialist sector research agency, and it is regarded as a barometer of the general health of the ...

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