Technical Guide for the Freight Rail Services Price Index (FRSPI)

This article presents the data sources and methodology for the Freight Rail Services Price Index (FRSPI). The FRSPI measures the monthly and the quarterly changes in the price of freight rail services in Canada. The index is an indicator of economic activity in the freight rail services industry, as well as a tool that can be utilized by the industry for cost monitoring, contract assessment and benchmark comparisons.