The Transportation Price Index (TPI) fell 2.46% in February
to $2.38. It has risen 4.39% from $2.28 in February of last year. The boats category
showed the greatest movement this month, rising more than 10% to $0.52 ahead of the
summer boat season. The price of diesel fuel, which leveled off in January,
continued to fall in February, dropping 6.58% to $2.13/gallon. Diesel fuel
prices are now down more than 40% since February 2008.
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:
