Nulogx announced the public release of its Transportation Assessment service designed to enable shippers to benchmark their freight cost performance against the Canadian General Freight Index. The CGFI is published monthly by Nulogx and is a barometer of freight costs. The company says the new Transportation Assessment service allows shippers to gain insights into how their freight costs compare to the aggregated CGFI database.
“Now with only a one-month sample of shipments, we can prepare a customized report showing the variance to the market for total costs, base rates and fuel surcharges,” says Doug Payne, Nulogx president and chief operating officer. “We also have the ability to segment our analysis further to bring greater focus on the sources of the variances.”
For a limited time, Nulogx is performing these freight cost benchmarks for free to qualified shippers. “This is an exciting and innovative solution that we are now releasing to the public,” says Scott Irvine, Nulogx vice president of business development. “Anyone looking for insights on how they may be able to improve their transportation processes should take advantage of this opportunity.”