We have been aggregating, mining and publishing ocean freight rate intelligence for over a decade and were the first to publish benchmark container spot market freight rates back in 2006.
An introduction to Drewry’s online ocean freight cost benchmarking service:
Our container freight cost benchmarking services fall broadly into three categories:
Our flagship spot market benchmarking service, Container Freight Rate Insight, is one of the most widely referenced in the shipping industry. This online service is hosted at www.drewrycfri.co.uk
The data that powers this online research service is updated as follows:
Each benchmark includes rates for both 20ft and 40ft dry box containers. Key trade routes covered include the transpacific, Asia-Europe, transatlantic, Middle East & South Asia trades, North-South trades (South America, Africa & Oceania), intra-Asia and intra-Europe trades. In most cases rates for both headhaul and backhaul trades are provided.
Those with an enhanced subscription to our online service can search our entire library of freight rate data going back to January 2006 and download the results to your device in xls format. Search Rates includes the following key features:
N.B. The rate benchmarks represent spot market rates for Full Container Loads paid by freight forwarders to ocean carriers for a particular month or week. They are affected by seasonal and short-term supply-demand factors, notably by the peak season in the trades from Asia.
Closely aligned to our spot rate service is Drewry Benchmarking Club an exclusive, participation-based service open to importers and exporters which allows them to track their contract rates against their peers.
Membership to Benchmarking Club is open to importers and exporters only - not Freight Forwarders or NVOCCs - and allows participants to confidentially benchmark contracted ocean shipping costs against their peers. Member organisations provide their contract rates confidentially to Drewry. In exchange, we aggregate these with other members’ rates and provide anonymous benchmarking information for each member’s specific routes.
NB As part of their package all members benefit from complimentary access to an advanced subscription to Container Freight Rate Insight.