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Reefer Benchmarking Club

With freight rates for refrigerated containers largely opaque, wide variations in commercial terms persist. Drewry’s Reefer Benchmarking Club aims to put its members in a position where they can confidently secure the best possible commercial contract terms for their cargo flows, supported by Drewry’s independent status and reputation as the trusted, authoritative industry reference.

Drewry 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
  • Individually tailored and customised reports for each member
  • Two annual webinars on the key trends in and forecasts for global reefer markets
  • Confidentiality assured

Key membership benefits and privileges

  • Benchmark your reefer freight rates against your peers and gain the ability to negotiate lower rates with confidence
  • Complimentary access to container spot market freight rate intelligence and market assessments - Drewry’s Container Freight Rate Insight (online service)
  • Complimentary access to World Container Index, an online service with weekly benchmarks covering 8 key head- and backhaul port pairs between China, the US, and Europe to keep your finger on the pulse of the dry spot markets
  • Use independent benchmark data to gain internal support and approval for transportation budgets and procurement strategies
  • Complimentary access to Drewry’s Reefer Shipping Market Annual Review and Forecast 2016/17 (included with membership package)
  • Access to Drewry’s freight cost benchmarking and forecasting consultancy team

Detailed, customised benchmarking reports covering:

  • TOTAL COST – including base ocean rate, THC’s, and surcharges
  • ANCILLARIES – including free time for detention, demurrage and storage
  • ROUTING – transit time and service type (direct or transhipment)
  • COMMODITY – different benchmarks for different commodity groups and carriage temperature

 

Recent News

Global BCOs hit by 4th quarter of rising contract rates from Asia

Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club.

Drewry warns BCOs to adapt their contract strategy

International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years, and must adapt their procurement and contract strategy, according to Drewry Supply Chain Advisors.

Related Events

Ocean freight contracting – adapting to new challenges and e-sourcing Market Briefing

Join us at 1700 BST on Tues, 26 September 2017 for an online briefing during which we will share our analysis and recommendations on new challenges, new technology and new opportunities for this year’s ocean contract negotiations for BCOs/shippers. The session will be hosted by Philip Damas, Head of the logistics practice at Drewry, and Chas Deller, Associate Consultant at Drewry. Both executives will be available to take questions following a short 20 minute presentation.
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.