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Cargoo Integrates Drewry Rate Benchmarks

[ November 13, 2026   //   ]

Drewry Shipping Consultants has integrated its ocean freight benchmarks and forecasts into Cargoo’s freight management platform, allowing customers of both services to use market data while preparing tenders, evaluating bids and managing awarded contracts.

Access is limited to Drewry Benchmarking Club members that also use Cargoo. The integration places contract and spot-rate benchmarks and seven-quarter container shipping forecasts against individual trade lanes. Procurement teams can compare each carrier offer with benchmark low and average rates as bids are received.

After contracts are awarded, Cargoo can compare booking prices with contracted rates and check invoices while charges remain open to dispute. Performance and spending data can then feed subsequent tender cycles.

In a recent club poll, 44 percent of members said preparing a request for quotation required five to seven weeks. Half said completing the full bid took eight to 12 weeks, while one in four could not identify its annual detention and demurrage spending.

The Benchmarking Club has more than 125 shipper members. Cargoo said its platform manages more than 1 million TEUs and US$1 billion in ocean freight annually. The companies did not disclose how many joint customers have activated the integration or identify a shipper using it.

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