Nulogx Inc.

Nulogx Inc.

October 02, 2009 10:20 ET

Nulogx Inc.: Canadian General Freight Index Continues to Decline-Falling 11.8% Since June 2008

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 2, 2009) - According to results published today by the Canadian General Freight Index (CGFI), the cost of ground transportation for Canadian Shippers continued to fall into the summer. In June 2009 over-the-road transportation costs declined 1% when compared to the prior month, and 11.8% when compared to June 2008.

The Index has fallen consistently over the last 6 months, dropping 8.2% since the end of last year.

The reduction in costs is the result of the combined impact of declining Fuel Surcharges and reduced Base Rates charged by carriers. In June, Base Rates had fallen 3.4% when compared to the end of last year, and 1.5% versus the prior month. The Fuel Surcharge percentage has also fallen by 30% when compared to the end of last year, although it did increase 4.9% in June versus May.

The CGFI is sponsored by Nulogx, a leading Transportation Management Solutions provider and is used by shippers and carriers to benchmark performance, develop business plans, and secure competitive agreements. It was developed with the assistance of Dr. Alan Saipe, President, Supply Chain Surveys, Inc., a long-time analyst and observer of the transportation and logistics industry.

According to Saipe, "There has been a clear trend toward reduced transportation costs for Canadian Shippers. Lower fuel prices, excess carrier capacity, and a highly competitive marketplace created a "perfect storm" for Canadian carriers and shippers have benefited as a result."

Results and additional information are available at www.cgfi.ca or www.nulogx.com.

About Nulogx;

Nulogx provides technology and services to improve the transportation process and reduce costs. With an ability to offer the combined value of a best-in-class TMS Application, expert Managed Services, and the largest Freight Audit and Payment service in Canada, Nulogx can provide unprecedented value to North American shippers by improving freight planning and management processes, delivering robust business intelligence in actionable management reporting formats, and providing cost effective alternatives to managing transportation tasks.

About Dr. Alan Saipe

Dr. Alan L. Saipe is the President of Supply Chain Surveys, Inc a provider of Management surveys and consulting services. He held academic appointments at York University, and the University of Toronto. He led the supply chain logistics consulting practice at KPMG Consulting. Today, his consulting services include Management Surveys & Benchmarking, Improving Operating Results, Senior Advisory Services and Mediation & Conflict Resolution.

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