Launched in 2019, Drewry Forwarder Benchmarking Club follows a similar model to Drewry’s other freight cost benchmarking services, providing a confidential, closed user group through which members can compare their ocean carrier buy rates against their peers. The service is one of number of ocean freight procurement support services provided by Drewry’s logistics consultancy arm, Drewry Supply Chain Advisors.

“With the ongoing challenges and uncertainty presented by the global Coronavirus (COVID-19) outbreak, we know the ocean freight market will remain volatile and unstable for the foreseeable future,” said, Martin Dixon, Director and Head of Drewry Research Products. “More so than ever, forwarders need access to reliable benchmark data points which enable them to negotiate the best rates in the market, demonstrate their competitiveness to clients and identify gross margin opportunities.”

Membership to Drewry’s Forwarder Benchmarking Club is FREE to qualifying forwarders and NVOCCs. For further information on the eligibility rules or for a demonstration of the service, please contact Shweta Singh at shweta@drewry.co.uk