National Freight Index
- On 20th June, 2019, Rivigo, a Gurgaon-based tech-enabled logistics start-up has launched National Freight Index (NFI) that will provide live freight rates for different lanes and vehicles across the country.
- The NFI is the barometer of the road freight market in India and is based on Rivigo rate exchange, which gives a live spot rate on over 7 million lane and vehicle type combinations in the country.
- Aim: To bring transparency to the road freight market place and transform the logistics sector.
- Need: High rate of inefficiencies in existing freight market lead to a great loss of value. NFI use will ensure unrestricted ....
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