MENU
Search
Login

Supply Chain Advisors

Service Expertise

Related research

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.

 

Compare your rates with industry benchmarks and save!

 

Our container freight cost benchmarking services fall into the following categories:

Drewry Benchmarking Club


Drewry Benchmarking Club - customer testimonials

"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

 

"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 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


 

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).
  • Track past rates with access to rate history.

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.

 

Request a demo

 

Download 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

Forwarder Benchmarking Club

Drewry’s Forwarder Benchmarking Club is designed to meet the specific needs of freight forwarders and non-vessel operating common carriers (NVOCCs). It provides members with the opportunity to confidentially benchmark their ocean carrier buy rates against their peers.

 

NB The service is FREE to early adopters.

 

Drewry Forwarder Benchmarking Club

Drewry’s Forwarder Benchmarking Club

  • Exclusive to freight forwarders and NVOCCs
  • Access to market rates based on genuine buy rate comparisons
  • Worldwide coverage including all the main deep sea trade routes
  • Individually tailored and customised reports for each member
  • Confidentiality assured

Key membership benefits and privileges

  • Benchmark your carrier buy rates against your peers and gain the ability to negotiate lower rates with confidence
  • Use independent benchmark data to demonstrate competitiveness of your rates with customers and prospects
  • Complimentary access to World Container Index, an online service providing weekly benchmarks for 8 key head- and backhaul port pairs between China, the United States and Europe to keep finger on the pulse of the dry spot markets
  • Discretionary access to spot market container freight rate intelligence and market assessments - Drewry Container Freight Rate Insight (online service)
  • Access to Drewry’s freight rate benchmarking and forecasting consultancy team
  • Detailed, customised benchmark reports

Key Contacts

Cath Earl

Cath Earl

Product Manager, Drewry Benchmarking Club
Stijn Rubens

Stijn Rubens

Senior Advisor, Supply Chain Advisors

Recent News

Satisfaction survey in container transport: Customers more dissatisfied with the service quality of ocean carriers

The service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders as more problematic, according to the second annual shipper satisfaction survey of Drewry and the European Shippers’ Council (ESC).

Chainalytics and Drewry partner to create Ocean Buying Group for small and medium sized shippers

Chainalytics and Drewry announce the launch of Ocean Buying Group addressing the ocean freight procurement needs of small and
medium sized shippers.

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 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 Aug 2018


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
Container Freight Rate Insight (Annual Subscription)

Container Freight Rate Insight (Annual Subscription)


Online Service · Latest release 07 Aug 2018


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

View more