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Ocean Freight Cost BenchmarkingOur thoughts on recent events
Read the latest thoughts and opinions of our sector experts and lead analysts on key industry events and developments.
Supply Chain AdvisorsBack to Supply Chain AdvisorsService ExpertiseRelated researchContact usAreas of ExpertiseWorld Container Index – 25 JanOcean Freight Cost BenchmarksOcean Freight Procurement SupportReefer Benchmarking ClubKey ContactsCath EarlProduct Manager, Drewry Benchmarking ClubStijn RubensSenior Advisor, Supply Chain AdvisorsOcean 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.
An introduction to Drewrys 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 c
omparisons of our companys position in transit times, rates, and shipment methods are of particular value.
Logistics Director, US FMCG, Retail Company
Our container freight cost benchmarking services fall broadly into three categories:
movements -Container Freight Rate Insight
Dry container contract freight rate
intelligence -Reefer Benchmarking Club
Contact us for a demonstration of our services
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
The data that powers this online research service is updated as follows:
Monthly on most high volume trade lanes and
Weekly on five key trades via Drewrys Hong Kong-Los Angeles Benchmark and data from the World Container Index.
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).
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.
Flexible search rates and export functionality
Closely aligned to our spot rate service isDrewry Benchmarking Cluban exclusive, participation-based service open to importers and exporters which allows them to track their contract rates against their peers.
Membership toBenchmarking Clubis 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 members specific routes.
NB As part of their package all members benefit from complimentary access to an advanced subscription to Container Freight Rate Insight.
Drewrys 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
Product Manager, Drewry Benchmarking Club
Senior Advisor, Supply Chain Advisors
Drewrys Global Reefer Freight Rate Index increases for 4th consecutive quarter, as shipping lines gain control of shippers purses
Drewrys Global Reefer Freight Rate Index has recorded only increases over the last 12 months, even during off-peak seasons.
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.
Container Shipping Market & Freight Rate Trends
Join us for a FREE Drewry online briefing at 0900 or 1700 GMT on Tues 30 January 2018 on the outlook for container shipping and freight rate trends. Hosted by Simon Heaney, Senior Manager, Container Research and Martin Dixon, Head of Research Products.
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.
Keep up to date with the movements of container spot market freight rates with our popular Container Freight Rate Insight service.
Join our exclusive Benchmarking Club and find out how your contract rates compare to your peers.
Understand how your carriers are performing with our online Carrier Performance Insight service.
Custom Quarterly Reports Latest release 01 Nov 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.
Container Freight Rate Insight (Annual Subscription)
Online Service Latest release 27 Dec 2017
The worlds 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.
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