The Transportation Price Index (TPI) fell 13.75% in March to
$2.07 per ton-mile. That is 6.33% below its $2.21/TM level in March 2008. The
boats category was one of the bigger movers again, dropping nearly 6% to $0.49/TM.
The cost of freight shipping also showed significant movement, dropping more
than 12%. Meanwhile, the price of diesel fuel rose 3.7% in March to $2.22/gallon
but remains far below last year's level.
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:
