[Federal Register Volume 59, Number 135 (Friday, July 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17269]
[[Page Unknown]]
[Federal Register: July 15, 1994]
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INTERSTATE COMMERCE COMMISSION
Indexing the Annual Operating Revenues of Railroads, Motor
Carriers of Property, and Motor Carriers of Passengers
This Notice sets forth the annual inflation adjusting index numbers
which are used to adjust gross annual operating revenues of railroads,
motor carriers of property, and motor carriers of passengers for
classification purposes. This indexing method will ensure that
regulated carriers are classified based on real business expansion and
not from the effects of inflation. Classification is important because
it determines the extent of reporting for each carrier.
The railroad's inflation factors are based on the annual average
Railroad's Freight Price Index. For both motor carriers of property and
motor carriers of passengers, the inflation factors are based on the
annual average Producer Price Index for all commodities. The indices
are developed by the Bureau of Labor Statistics (BLS).
The base years for railroads, motor carriers of property, and
passenger motor carriers are 1991, 1993, and 1988 respectively. The
inflation index factors are as follows:
------------------------------------------------------------------------
Railroads
-------------------------
Deflator
Index percent
------------------------------------------------------------------------
1991.......................................... 409.5 1100.00
1992.......................................... 411.8 99.45
1993.......................................... 415.5 98.55
Motor Carriers of
Property Producer Price
Index
1993.......................................... 118.9 2100.00.
Motor Carriers of
Passengers Producer
Price Index
1988.......................................... 106.9 ...........
1991.......................................... 116.5 91.76
1992.......................................... 117.2 91.21
1993.......................................... 118.9 89.90
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\1\Montana Rail Link, Inc., and Wisconsin Central Ltd., 8 I.C.C. 2d 625
(1992), raised the revenue classification level for class I railroads
from $50 million to $250 million (1991 dollars), effective for the
reporting year beginning January 1, 1992.
\2\Rev. to Accounting & Reporting Requirs. for Motor, 9 I.C.C. 2d 1268
(1994), raised the revenue classification level for class I motor
carriers of property from $5 million to $10 million (1993 dollars),
effective for the reporting year beginning January 1, 1994.
EFFECTIVE DATE: January 1, 1994.
FOR FURTHER INFORMATION CONTACT: William F. Moss III, (202) 927-5730.
Sidney L. Strickland, Jr.,
Secretary.
[FR Doc. 94-17269 Filed 7-14-94; 8:45 am]
BILLING CODE 7035-01-P