The Transportation Price Index (TPI) showed a moderate drop
in November, falling 3.65% to $2.11. It has dropped 3.21% over the course of
the last year. Diesel fuel prices continued to plummet this month, dropping
nearly 20% to $2.61/gallon. This has clearly affected major categories
factoring into the TPI, most notably the freight category, which dropped 30% in
December.
The TPI uses proprietary information from actual transactions
taking place on the uShip.com site to provide aggregate and categorical pricing
figures expressed in US dollars per ton-mile. The TPI is released on a monthly
basis and was designed by uShip to track important data related to
transportation costs.
For more information, including data for household goods,
vehicles, motorcycles, boats and freight, go to www.transportationpriceindex.com.
