News / An opportunity for shippers to create stronger partnerships with shipping lines

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Shippers should consider whether their goods are high- or low-margin before deciding whether to use the spot or contracts markets when procuring ocean freight services, delegates at this week’s Reuters Supply Chain Europe conference in Brussels were advised.

Kyle Henderson, CEO of supply chain visibility provider Vizion, suggested that when it comes to deciding, shippers should look at the value of the goods they are transporting.

He said: “In the immediate future, shippers of low-margin goods will probably be better off playing ...