National Freight Index in India
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The National Freight Index (NFI) in India was launched in 2019 by logistic firm Rivigo to bring transparency and increase efficiency in the freight market.[1]
The NFI, a barometer of the road freight market in India, provides a spot rate for over 7 million lane and vehicle type combinations.[2][3] NFI uses Rivigo's machine learning and pricing algorithms.[4]
To reduce the inefficiencies caused by information asymmetry in the market, NFI enables free access to freight rate information that brings transparency.[5]
References[edit]
- ↑ Bureau, Our. "Rivigo launches national freight index". @businessline.
- ↑ "India's Rivigo raises $65M to expand its freight and logistics platform".
- ↑ "Rivigo launches National Freight Index - Times of India". The Times of India.
- ↑ "National Freight Index powered by Rivigo". nationalfreightindex.co.in.
- ↑ "Rivigo - Get Freight Quote, Pick-up, Delivery Tracking". www.rivigo.com.
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