82 FR 174 pgs. 42716-42717 - Railroad Revenue Adequacy—2016 Determination
Type: NOTICEVolume: 82Number: 174Pages: 42716 - 42717
Pages: 42716, 42717Docket number: [Docket No. EP 552 (Sub-No. 21)]
FR document: [FR Doc. 2017-19100 Filed 9-8-17; 8:45 am]
Agency: Surface Transportation Board
Official PDF Version: PDF Version
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SURFACE TRANSPORTATION BOARD
[Docket No. EP 552 (Sub-No. 21)]
Railroad Revenue Adequacy-2016 Determination
AGENCY:
Surface Transportation Board.
ACTION:
Notice of decision.
SUMMARY:
On September 6, 2017, the Board served a decision announcing the 2016 revenue adequacy determinations for the Nation's Class I railroads. Four carriers (BNSF Railway Company, Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate.
DATES:
Effective Date: This decision is effective on September 6, 2017.
FOR FURTHER INFORMATION CONTACT:
Pedro Ramirez, (202) 245-0333. Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at (800) 877-8339.
SUPPLEMENTARY INFORMATION:
The Board is required to make an annual determination of railroad revenue adequacy. A railroad is considered revenue adequate under 49 U.S.C. 10704(a) if it achieves a rate of return on net investment (ROI) equal to at least the current cost of capital for the railroad industry for 2016, determined to be 8.88% in Railroad Cost of Capital-2016, EP 558 (Sub-No. 20) (STB served Aug. 7, 2017). This revenue adequacy standard was applied to each Class I railroad. Four carriers (BNSF Railway Company, Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate for 2016.
[top] The decision in this proceeding is posted on the Board's Web site at
Decided: September 5, 2017.
By the Board, Board Members Begeman, Elliott, and Miller.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2017-19100 Filed 9-8-17; 8:45 am]
BILLING CODE 4915-01-P