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Maritime Research

Drewry Benchmarking Club

Custom Quarterly Reports

November 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. As a participant of this closed user group, membership includes a subscription to Container Freight Rate Insight.

 

Download brochure

 

We aggregate all the member information provided and use it to provide robust, anonymous benchmarks for you to compare your rates against.

 

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

 

An introduction to Drewry’s online ocean freight cost benchmarking service:

 

 

Contract Freight Rate Benchmarking

Quarterly Reports, individually tailored to your routes

Benchmark Rates & Comparison Report

  • Average, Lowest, Highest market rates
  • Spot Rates
  • Comparison by Shipper Size (S, M, L)
  • Transit time, Freetime and Rate Validity Comparison
  • Ranking

Benchmark Appraisal & Cost Savings Advice

  • Detailed analysis of your rates v benchmarks

Access to our interactive Online System

  • Overall Spend Analysis
  • Detailed Analysis by route
  • Historic Rate Evaluation
  • Indices, Forecasts
  • Rate Inconsistencies

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, unique freight rate forecasts, indices, comprehensive market assessments and industry best practice information
  • 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

Depressed outlook for long-haul routes in chemical shipping market

Depressed outlook for long-haul routes in chemical shipping market
Chemical shipping freight rates will weaken through 2018 due to the depressed outlook on overtonnaged long haul routes, according to Drewry’s latest Chemical Forecaster.

Slippages from 2017 to prevent recovery of LNG shipping charter rates in 2018

Increasing vessel supply will keep LNG charter rates under pressure in 2018, despite strong growth in trade, according to Drewry’s latest LNG Forecaster.

Drewry’s Global Reefer Freight Rate Index increases for 4th consecutive quarter

Drewry’s Global Reefer Freight Rate Index has recorded only increases over the last 12 months, even during off-peak seasons.

Drewry spend analytics and benchmarking services move online

Members of the Drewry Benchmarking Club now have access to automated online analytics and benchmarking to support their tender management and cost monitoring processes.

Events

Ship Operating Costs Trends Briefing

Join us at 0900 GMT or 1700 GMT on Tues, 20 February 2018 for an online briefing on the key trends and developments in ship operating costs. The webinar presentation will analyse recent trends and outlook in the main expenditure elements of vessel operating costs, covering 45 different ship types and sizes across all the main cargo shipping markets. The session will be hosted by Martin Dixon, Director of Research Products and Latifat Igbinosun, Senior Market Analyst at Drewry.

18th TMP Annual Conference

Chas Deller to discuss Global Ocean freight procurement and present Drewry’s outlook for the sector.

Port Technology Container Terminal Automation Conference

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