Drewry Benchmarking Club

Drewry Benchmarking Club - customer testimonials

Logistics director, US FMCG, Retail Company

More about Benchmarking Club

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.

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.

Contract Rate Intelligence - Dry Containers

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.

Contract Rate Intelligence - Reefer Containers

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

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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’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

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