TORONTO, Ont. — Nulogx has named Ryder System a “data partner” for the Canadian General Freight Index (CGFI). 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 agreements.
These insights are developed using the data generated by its sponsor, Nulogx, Canada’s largest processor of freight invoices. As a data partner, Ryder will receive the same 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,” said Doug Payne, president and chief operating officer 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.”
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