Cargoo integrates Drewry benchmarking data for ocean freight tenders

Drewry Shipping Consultants and Cargoo have integrated Drewry Benchmarking Club market data directly into Cargoo's ocean freight management platform, enabling procurement teams to access real-time market benchmarks while executing tenders. This integration addresses a persistent pain point in the shipping industry: procurement teams currently spend 5-12 weeks preparing and completing tenders, with disconnected tools fragmenting the process between market research and execution. The partnership is significant because it consolidates the workflow for tender management, moving from a multi-tool approach to a unified platform.

For Benchmarking Club members using Cargoo, benchmark data is now accessible alongside procurement strategy, carrier contracts, and shipment execution within a single cloud-native interface. This reduces the gap between market intelligence and operational decision-making. The integration reflects a broader industry shift toward consolidating fragmented logistics workflows.

Cargoo's platform currently handles over 1 million TEUs annually and manages more than USD 1 billion in ocean freight across 4,800 companies, positioning this partnership to impact a meaningful subset of global ocean shippers. However, the benefit is currently limited to the intersection of Drewry BMC members and Cargoo customers, limiting immediate scope.