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Maritime Research

Drewry Benchmarking Club

Custom Quarterly Reports

April 2017

Drewry Benchmarking Club

Comprehensive freight rate package

Drewry’s Benchmarking Club provides members with the opportunity to confidentially benchmark their contract shipping costs against their peers – based on genuine, shipper-only, buy rate comparisons. Further to participating in this closed user group, membership includes a subscription to Container Freight Rate Insight as part of the package.

Download brochure

 

Benefits of membership

  • Benchmark your contract freight rates against your peer group and negotiate lower rates with your service provider with greater confidence
  • Use independent benchmark data to gain internal support and approval for transportation budgets
  • Enjoy member privileges of exclusive container market outlook briefings and procurement best practice forums
  • Benchmark your spot freight rates with our Container Freight Rate Insight service


Each member organisation submits their contract rates to us in complete confidentiality. We aggregate the information provided and use to anonymously benchmark against the rates provided. Confidentiality is assured via a membership agreement between each member organisation and Drewry. Members are not required to disclose the identity of their carriers, just their freight rates.

 

Customised quarterly reports comprise of four sections

  1. General market overview - market developments and freight rate trends, analysis and forecasts
  2. Benchmark rates - indicating average, highest and lowest rates as well as average rate by shipper size
  3. Comparison analysis - of your rates with the market
  4. Cost savings advice - detailed analysis of your rates

More Information

Fast facts...

  • Membership is exclusive to shippers - importers and exporters only (not freight forwarders, carriers or NVOCCs)
  • Participants benefit from access to container contract rates, spot market rates, freight rate forecasts and comprehensive market assessments
  • Each member receives customised quarterly reports

What people think

"Drewry has been very helpful to us in benchmarking our shipping costs and in developing strategies to improve our shipping efficiency and effectiveness."
Head freight procurement, Global high street retail brand
Head freight procurement
Global high street retail brand
"Drewry’s Benchmarking Club enables us to ensure that we secure competitive freight rates with carriers and identify lanes where we could possibly further lower our costs."
Vice president of global logistics & customs, Fortune 500 US retailer
Vice president of global logistics & customs
Fortune 500 US retailer
"We selected Drewry’s Benchmarking Club to benchmark our ocean rates with other retail industry leaders and to gain insight into container shipping market trends, forecasts and best practices through webinars provided to Club members by Drewry."
Logistics manager, Leading global electronics and home entertainment brand
Logistics manager
Leading global electronics and home entertainment brand
"Drewry's Benchmarking Program provides us with the essential insights we need - like contract freight rate benchmarks, market and best practice intelligence, especially important given the volatile and potentially irrational nature of the container marketplace. The knowledge is used by our financial officers to validate and / or identify procurement efficiencies and gives us a toolkit to enter negotiations from a position of confidence and strength."
Senior Vice President Global Logistics, Global US FMCG company
Senior Vice President Global Logistics
Global US FMCG company

News

Multipurpose shipping market to strengthen on growing demand

Multipurpose shipping market to strengthen on growing demand
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to Drewry’s latest Multipurpose Forecaster.

2nd Edition Report assessing the financial health of the container shipping industry now available

Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of its 2nd Edition special report into the financial health of the global container shipping industry.

LPG freight rate recovery to be confined to smaller vessels

Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under pressure across most size segments, with any recovery being confined to smaller vessels, according to Drewry’s latest LPG Forecaster.

Scrapping to determine the pace of recovery for tanker shipping market

Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery, with scrapping levels influencing the pace of any upturn, according to Drewry’s latest Tanker Forecaster.

Events

TOC Europe

Container Trade Europe

Come and see Drewry share its latest maritime research insights at JOC Container Trade Europe Event

Cool Logistics Global

Meet Drewry Supply Chain Advisors at Cool Logistics Global