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Maritime Research

Drewry Benchmarking Club

Custom Quarterly Reports

June 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
  • Exclusive Reefer Benchmarking Club now open (Sept 2017). Contact us for more information.

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

Container lines speed up their assault on reefer cargo

Container lines speed up their assault on reefer cargo
Container shipping lines are increasing their share of the seaborne reefer market, and are forecast to accelerate their assault over the coming years, according to Drewry’s latest Reefer Shipping Market Review and Forecast.

Drewry launches Reefer Benchmarking Club to bring transparency to prevailing reefer contract freight rates

Drewry has launched a new, dedicated Reefer Benchmarking Club to meet the growing concerns of shippers about rising freight rates and reduced service levels at a time of carrier consolidation.

Global BCOs hit by 4th quarter of rising contract rates from Asia

Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club.

Drewry warns BCOs to adapt their contract strategy

International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years, and must adapt their procurement and contract strategy, according to Drewry Supply Chain Advisors.

Events

TOC Americas

Drewry will present its outlook for the container shipping industry.

Breakbulk Americas

Come and see Drewry presenting our outlook on the heavy-lift and multipurpose shipping market at BreakBulk Americas.

21st HR & Crew Management Conference

Drewry to present on seafarer trends, outlook and costs.