The Transportation Price Index (TPI) remained steady in
April, dropping just $0.02 to $2.05 per ton-mile. The TPI is down 3.75% from
its $2.13/TM level in April 2008. The freight category showed the biggest jump,
rising 16.3% to $0.50/TM, followed by the motorcycle category, which rose 9.4%
to $1.40/TM. The cost of shipping household goods dropped 6.9% to $2.71/TM. The
price of diesel fuel has remained fairly level over the past four months and
dropped just $0.02 to $2.20/gallon in April.
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:
