Wednesday, September 9, 2009

Nulogx Announces the Launch of its Canadian General Freight Index ("CGFI")

Nulogx provides unprecedented value to North American shippers through the combined value of a best-in-class TMS Application, expert Managed Services, and the largest Freight Audit and Payment service in Canada. Our freight planning, management, and execution resources along with business intelligence that is clear and actionable provide our customers with efficient, cost effective alternatives to achieving transportation objectives.

The CGFI will become an important tool for the planning and management of your transportation costs. We expect that this information will be highly useful for carrier negotiations, setting budgets and senior management reviews.

As Canada's largest freight bill audit and payment provider, our advanced technology has visibility into more than 2 million shipment transactions per year and $750MM in annual freight spend. This exceptionally large database of current shipping activity gives us the ability to produce, for the first time in Canada, an accurate index that will represent changes in freight costs for Canadian shippers.

For more information and current results, please visit the CGFI website www.cgfi.ca.

The Index is the culmination of many months of analysis and testing, enabling us to make statistically relevant findings using a sample of current transportation data extracted from our freight bill processing system.

Our process will also involve regular reviews by established experts in the transportation sector who will both validate the analytical process and provide their commentary on the overall findings.

While only high level information is available to the general public on our website www.cgfi.ca, our customers will regularly receive detailed information on changing market rates, regional trends and fluctuating fuel surcharge levels, at no extra charge.