Nulogx Inc.

Nulogx Inc.

February 24, 2010 16:29 ET

Nulogx Inc.: Freight Costs for Canadian Shippers Fell 9.6% in 2009, but Appear to be Stabilizing

TORONTO, ONTARIO--(Marketwire - Feb. 24, 2010) - Results published today by the Canadian General Freight Index (CGFI) indicate that although the cost of ground transportation for Canadian Shippers declined by 9.6% since December of 2008, freight costs appear to be stabilizing as we move forward into 2010.

From December 2008 to December 2009, Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell 7.8% and Average Fuel Surcharges also fell by a total 13.1%, resulting in an overall decrease of 9.6%.

"During the first 8 months of 2009 there was significant volatility in freight costs, however it appears that the index has begun to stabilize" says Dr. Alan Saipe, President, Supply Chain Surveys Inc. "While there are slight pressures in Base Rates, these are being offset by modest increases fuel surcharges."

In December 2009, overall freight costs rose by .2% when compared to November. Base Rates, which exclude the impact of Fuel Surcharges assessed by carriers, fell .1%. This small reduction was offset by a 3.7% increase in Average Fuel Surcharges when compared to the prior month. December's stabilization has been consistent since September of 2009 with freight costs having varied by only .4% in total.

"This data correlates well with the prevailing opinion that our economy is slowly starting to recover from the recession that started more than 18 months ago." says Doug Payne, President for Nulogx, "The continuous flat-line performance over the past few months suggests that carriers have adjusted their operations to match changing market demands, and that we will continue to see stable freight prices in the near future."

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. The most recent results are available at the CGFI website:

Notes to the Editor:

To schedule an interview contact Scott Irvine, VP Business Development, Nulogx - 905-486-1162 ext 208,

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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