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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

"The Benchmarking Club data allows us to see trends from both the market and Drewry point of view which provided strategic value on what to expect during the upcoming procurement process. The comparisons of our company’s position in transit times, rates, and shipment methods are of particular value."
Logistic Director, Large US FMCG - Retail company
Logistic Director
Large US FMCG - Retail company
"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
"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

News

Handysize LPG vessels to be worst performers in 2018

Handysize LPG vessels to be worst performers in 2018
Among the different sizes of LPG ships, the small vessel segment is expected to be the best performer in 2018 while Handysize ships will be the worst, according to Drewry’s latest LPG Forecaster.

Ship operating costs stabilise as market recovery lifts pressure

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, according to Drewry’s latest Ship Operating Costs Annual.

Slowdown in China’s crude stoking activity to hurt tonnage demand in the crude tanker shipping market in 2018

Crude tanker freight rates are expected to decline further in 2018 following a sharp decline in 2017, according to Drewry’s latest Tanker Forecaster.

Drewry announces appointment of new Senior Quantitative Economist

Drewry appoints Mario O. Moreno as Senior Quantitative Economist.

Events

Port Technology Container Terminal Automation Conference

Neil Davidson to speak in the opening session discussing Drewry’s outlook for the sector.