Nulogx Inc, Canada’s leading Transportation Management Solutions provider, announced today that Ryder System, Inc. a leader in supply chain, warehousing and transportation management solutions, has become a Canadian General Freight Index (CGFI) “Data Partner”. Under the terms of this agreement, Ryder will be providing data to be used in the compilation of the monthly index.
The CGFI is published monthly and is used by shippers, carriers and other interested parties to benchmark costs, develop business plans and structure beneficial agreements. These insights are developed using the data generated by its sponsor, Nulogx Inc, Canada’s largest processor of freight invoices. As a Data Partner, Ryder will benefit from receiving the same highly detailed reports on freight cost behaviour currently provided to Nulogx customers.
“The CGFI represents the leading indicator of changes to freight costs for Canadian shippers” stated Doug Payne, President and COO of Nulogx. “We are very pleased that Ryder recognizes the value of this service and are partnering with us to grow its importance in the Canadian Transportation Industry” continued Payne.
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