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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

VLGC asset values to fall in sync with freight outlook

VLGC asset values to fall in sync with freight outlook
Given the weak freight rate outlook for LPG shipping over the next twelve months, Drewry believes there is more downside risk to VLGC second-hand values, according to its latest LPG Forecaster.

Increasing long-haul crude trade insufficient to support tanker shipping rates

Rising long haul crude exports from the US and Nigeria will not be sufficient to increase tanker shipping rates, given lower anticipated Middle East output and surging tonnage supply, according to the Drewry’s latest Tanker Forecaster.

Spectre of oversupply haunts chemical shipping

The shipping fleet trading in chemical and vegoil markets is expected to accelerate at a much faster pace than demand, weakening earning prospects, according to Drewry’s latest Chemical Forecaster.

Firm demand will continue to support dry bulk shipping

Drewry expects dry bulk shipping charter rates will continue to recover, with firm demand and controlled fleet growth, according to its latest Dry Bulk Forecaster.

Events

Argus Petrochemical Asia 2017

Drewry will present the outlook for China domestic and imports of methanol shipping market.

Black Sea Container Summit

Drewry will present its outlook on the state of container transport in the Eastern Mediterranean and the Black Sea.

South Carolina International Trade Conference

Drewry will present its outlook for the global container shipping industry.