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Supply Chain Advisors

Service Expertise

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Key Contacts

Cath Earl

Cath Earl

Product Manager, Drewry Benchmarking Club
Stijn Rubens

Stijn Rubens

Senior Advisor, Supply Chain Advisors

Ocean Freight Cost Benchmarks

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.

  

Wed 24 Jan 18: FREE webinar - Best Practices in Ocean Freight Tenders

Register for 0900 GMT webinar

Register for 1600 GMT webinar

 

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

 

 


30 Oct 17: Drewry Benchmarking Club

"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."
 

Logistics Director, US FMCG, Retail Company

More about Benchmarking Club


 

 

Our container freight cost benchmarking services fall broadly into three categories:

Container Spot Market Rate Insight

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:

  • Bi-monthly on all 681 routes
  • Monthly on most high volume trade lanes and
  • Weekly on five key trades via Drewry’s Hong Kong-Los Angeles Benchmark and data from the World Container Index.


View online demonstration

 

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.

Container Freight Rate Insight

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:

  • Search and select single or multiple port pairs to view and download current freight rates of your choice to your device.
  • Select and download freight rate history going back on 2006 to assess key trends and trade cycles.
  • Download freight rate data to your device in Excel format.
  • Download either all-in rates or a breakdown of the base rate, bunker adjustment factor (BAF) and terminal handling changes (THCs).

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.

View a demonstration of Drewry's CFRI service

Flexible 'search rates' and export functionality

Contract Rate Intelligence - Dry Containers

Drewry Benchmarking Club

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.

Find out more about Drewry's Benchmarking Club

NB As part of their package all members benefit from complimentary access to an advanced subscription to Container Freight Rate Insight.

 

Enquire about joining the Benchmarking Club

 

Download Benchmarking Club Brochure

 

Contract Rate Intelligence - Reefer Containers

Reefer Benchmarking Club

Drewry’s Reefer Benchmarking Club

  • Exclusive to shippers (importers / exporters) and freight forwarders/NVOCCs
  • Access to container contract rates as well as spot market rates
  • Access to freight rate forecasts and comprehensive market assessments
  • Individually tailored and customised quarterly reports for each member
  • Two annual webinars on the key trends in and forecasts for global reefer markets
  • Confidentiality assured

Key Contacts

Cath Earl

Cath Earl

Product Manager, Drewry Benchmarking Club
Stijn Rubens

Stijn Rubens

Senior Advisor, Supply Chain Advisors

Recent News

Drewry spend analytics and benchmarking service 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.

Drewry launches Reefer Benchmarking Club to bring transparency to prevailing reefer contract freight rates

Drewry has launched a new, dedicated Reefer Benchmarking Club to meet the growing concerns of shippers about rising freight rates and reduced service levels at a time of carrier consolidation.

Related Events

Best Practices in Ocean Freight Tenders Webinar Briefing

Join us on Tues, 24 January 2018 at 0900 GMT or 1600 GMT for an online briefing on best practices in ocean freight tenders. During the webinar, our freight tender and e-procurement experts will share with you some of our experience and strategy, as well as technology tips on preparing, designing and running successful and productive ocean transport events. The session will be hosted by Chas Deller, Senior Consultant at Drewry Supply Chain Advisors and Philip Damas, Director, Head of Drewry S
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 ocean freight 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.

Related 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.
Drewry Benchmarking Club

Drewry Benchmarking Club


Custom Quarterly Reports · Latest release 01 Jun 2017


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. A complimentary subscription to Container Freight Rate Insight, our popular online spot rate checking service, is included in the membership package.

Learn more
Container Freight Rate Insight (Annual Subscription)

Container Freight Rate Insight (Annual Subscription)


Online Service · Latest release 27 Dec 2017


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

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