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Drewry Benchmarking Data Now Embedded in Cargoo Platform

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Drewry Shipping Consultants and Cargoo have announced an integration that embeds Drewry's benchmarking data directly into Cargoo's ocean freight management platform. This partnership allows Benchmarking Club members to view market data and rate benchmarks within their day-to-day procurement workflow, bridging the gap between market intelligence and tactical action. The integration addresses a documented pain point: tender season procurement requires 5-12 weeks of preparation across bid rounds, carrier evaluations, and contract management, creating significant operational strain on shipping teams.

For supply chain professionals, this development has practical implications for procurement efficiency and cost control. Cargoo's platform now surfaces real-time rate benchmarks and seven-quarter container shipping forecasts against specific trade lanes, allowing teams to evaluate each carrier quotation immediately against market averages and lows. The integration also supports freight audit capabilities and performance tracking, creating a closed loop from procurement strategy through invoice validation and annual target setting.

The partnership reflects a broader industry shift toward integrated technology ecosystems that reduce fragmentation in ocean freight operations. With Cargoo handling over USD 1 billion in annual ocean freight and connecting to 98 percent of global carriers, the embedded benchmarking capability could influence how thousands of shippers across 100+ countries approach rate negotiation and carrier selection.

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