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Drewry Financial Research Services Ltd is authorised by the UK Financial Conduct Authority (FCA).
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Ocean Freight Cost Benchmarking
Our thoughts on recent events
Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Supply Chain Advisors
Concerned about future fuel costs?
Our new 'Cost Impact Calculator' will help shed light on your fuel cost exposure ahead of the IMO low-sulphur rule change.We're now combining a new BAF formula with fuel cost benchmarking services to help BCOs better understand and mitigate fuel cost increases.
Cost Impact Calculator
Ocean freight procurement solutions
Find out more about our ocean freight e-Sourcing solution, eSOFS™
eSOFS™ global ocean freight e-sourcing from Drewry
"Drewry’s advisory team brought professionalism and invaluable insight to all stages of the RFI and RFQ process..."
Global Fortune Life Sciences
Browse recent projects
Robust spot market and contract freight benchmarks, leading-edge technology and tailored advice to support every stage of the ocean freight procurement process.
We provide market-leading research and advisory services to global ocean freight procurement and logistics teams within multinational retailers and manufacturers. We offer a complete procurement support service to importers and exporters, combining robust freight rate benchmarking intelligence, seasoned industry expertise with leading-edge technology to bring speed and efficiency to ocean freight sourcing events.By combining rich market insight, sector experience and the latest tools we can help you reduce costs and more effectively manage your transport service providers and international supply chain infrastructure.
Our services include:
- eSourcing and management of ocean freight procurement events - eSOFS™
- Strategic evaluations and optimisation of ocean freight networks
- Benchmarking of container spot market freight rates - Container Freight Rate Index
- Confidential benchmarking of contract freight rates - Benchmarking Club
- Exporters/Importers who require mapping, evaluation and improvement of international supply chains and/or carrier pricing and contract support
- Logistics Service Providers who require additional and independent project resources and independent verification/support relating to evolving developments in international, integrated supply chains. This includes secondary distribution operators seeking to add an international dimension to their process
- Port authorities and terminal operators who need advice on port-based distribution centres and logistics
- Finance and Legal companies working on due diligence/acquisitions of logistics service providers or other specific projects
Ocean freight procurement solutions
Find out more about our ocean freight e-Sourcing solution, eSOFS™
eSOFS™ global ocean freight e-sourcing from Drewry
"Drewry’s advisory team brought professionalism and invaluable insight to all stages of the RFI and RFQ process..."
Global Fortune Life Sciences
Browse recent projects
Robust spot market and contract freight benchmarks, leading-edge technology and tailored advice to support every stage of the ocean freight procurement process.
We provide market-leading research and advisory services to global ocean freight procurement and logistics teams within multinational retailers and manufacturers. We offer a complete procurement support service to importers and exporters, combining robust freight rate benchmarking intelligence, seasoned industry expertise with leading-edge technology to bring speed and efficiency to ocean freight sourcing events.By combining rich market insight, sector experience and the latest tools we can help you reduce costs and more effectively manage your transport service providers and international supply chain infrastructure.
Our services include:
- eSourcing and management of ocean freight procurement events - eSOFS™
- Strategic evaluations and optimisation of ocean freight networks
- Benchmarking of container spot market freight rates - Container Freight Rate Index
- Confidential benchmarking of contract freight rates - Benchmarking Club
- Exporters/Importers who require mapping, evaluation and improvement of international supply chains and/or carrier pricing and contract support
- Logistics Service Providers who require additional and independent project resources and independent verification/support relating to evolving developments in international, integrated supply chains. This includes secondary distribution operators seeking to add an international dimension to their process
- Port authorities and terminal operators who need advice on port-based distribution centres and logistics
- Finance and Legal companies working on due diligence/acquisitions of logistics service providers or other specific projects
Related News
19 Dec 2018
East-West air freight rates highest of last 4 peak seasons
Air freight rates on major East-West routes hit a 4-year high in November, according to the results of Drewry’s East-West Air Freight Rate Index.
17 Dec 2018
East-West contract rates help reduce shippers’ costs
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.
Recent Projects
Market entry strategy for digital 'procure-to-pay' solution
The client wanted to evaluate the readiness of the container freight industry to adopt a value proposition for procure-to-pay automation that incorporates core Mastercard benefits such as payment guarantees.
e-sourcing global ocean tender management solution
Drewry Supply Chain Advisors was selected to manage the 2016 global ocean tender for a US-headquartered global producer of technology products combining procurement best practices, the latest technology and freight cost benchmarks in Drewry’s e-Sourcing Ocean Freight Solution (eSOFS).
The first company to provide detailed and regular slow-steaming analysis for the container industry (Container Forecaster)
The first independent consultancy to publish liner schedule reliability rankings in 2005
Access to an exclusive seafreight cost benchmarking club comparing costs on over 2 million teu of freight for more than $2.3bn of freight spend.
We were the first to publish benchmark container spot market freight rates in 2006.
Key Contacts
Cath Earl
Product Manager, Drewry Benchmarking Club
Confidential contract freight rate intelligence from the market leader in freight cost benchmarking
Exclusive to shippers, our Benchmarking Club allows participating members to confidentially compare their contract shipping costs against their peers based on genuine, shipper-only, buy-rate comparisons.
Membership features
- Membership is exclusive to shippers (importers and exporters only - not freight forwarders, carriers or NVOCCs)
- Access container contract and spot market rate insights, freight rate forecasts and comprehensive market assessments
- Receive a detailed and fully customised report from our lead analyst every quarter
- Confidentiality and participant anonymity assured
- Dedicated online portal
Benefits of membership
Some of the benefits from being able to confidentially benchmark your contract freight rates against your peers:- Be confident with your negotiating position with prospective and existing carriers
- Demonstrate to internal stakeholders current contract rates are competitive
- Gain internal support and approval for transportation budgets
- Enjoy numerous member privileges, including access to Drewry's Container Freight Rate Insight service as part of the package and container market outlook briefings and best practice forums
Key Contacts
Cath Earl
Product Manager, Drewry Benchmarking Club
Related News
16 Jan 2018
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.
11 Jan 2017
Benchmarking against peers upheld among BCOs
International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier terms in ocean transport contracts, according to data gathered by Drewry Supply Chain Advisors.
52
Blue-chip manufacturers and retailers participate in our exclusive Benchmarking Club (Jan 2017)32
The number of countries we have clients subscribing to our supply chain research products and services78
Leading industry press articles featuring our supply chain insights (monthly average Jul-Dec 2016)686
The number of port pairs for which we publish container spot market freight ratesRelated Maritime Research
Track the spot market
Keep up to date with the movements of container spot market freight rates with our popular Container Freight Rate Insight service.Benchmark contract rates
Join our exclusive Benchmarking Club and find out how your contract rates compare to your peers.Monitor your carrier
Understand how your carriers are performing with our online Carrier Performance Insight service.
Container Freight Rate Insight (Annual Subscription)
Online Service · Latest release 31 Jan 2019
The world’s first and only global source of container spot market freight rates on all the major routes. An essential reference for importers, exporters, freight forwarders and other industry stakeholders requiring up-to-date and independently researched container shipping cost benchmarks.
Learn more
Drewry Benchmarking Club
Customised Real Time Benchmarking · Latest release 01 Feb 2019
How do your container shipping costs compare with your peers...? Our Benchmarking Club allows participating members to confidentially benchmark their contract shipping costs against their peers based on genuine, shipper-only, buy rate comparisons. Combine benchmarks and market intelligence with unique rate forecasts to maximise your procurement results.
Learn more
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