The Transportation Price Index (TPI) dropped 6.54% in January to $2.43. Over the course of the past year, the TPI has risen 10.45% from $2.20 in January 2008. Of the major categories factoring into the TPI, only household goods showed significant movement, falling 11.25% to $2.92. Diesel fuel prices remained level this month but have dropped 30.79% over the past year to $2.27/gallon.
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 or click on the chart below:
