National Freight Index in India

Logistics firm Rivigo launched the National Freight Index (NFI) in India in 2019 with a goal to bring transparency and increase efficiency in the freight market.

The NFI, a barometer of the road freight market in India, provides a spot rate for over 7 million lane and vehicle type combinations. NFI uses Rivigo's machine learning and pricing algorithms.

To reduce the inefficiencies caused by information asymmetry in the market, NFI enables free access to freight rate information that brings transparency.