The Transportation Price Index (TPI) rose sharply, jumping
23.22% in December to $2.60. It has risen 9.24% from a level of $2.38 in
December 2007. The largest movement occurred in the freight category, which
also showed a steep increase of nearly 25%, rising to $0.52. Diesel fuel prices
slowed their freefall but still dropped 11.49% to $2.31/gallon. Diesel fuel
prices have fallen more than 30% since December 2007.
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.
