[Federal Register Volume 60, Number 219 (Tuesday, November 14, 1995)]
[Notices]
[Pages 57248-57249]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28045]
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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 methodology will insure 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 indexes
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 presented as follows:
------------------------------------------------------------------------
Deflator
Index percent
------------------------------------------------------------------------
Railroads-Railroad
Frieght Index
1991.......................................... 409.5 \1\ 100.00
1992.......................................... 411.8 99.45
1993.......................................... 415.5 98.55
1994.......................................... 418.8 97.70
Motor Carriers of
Property Producer Price
Index
1993.......................................... 118.9 \2\ 100.00
1994.......................................... 120.4 98.70
[[Page 57249]]
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
1994.......................................... 120.4 88.70
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\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central
Ltd., Joint Petition For Rulemaking With Respect To 49 CFR 1201,
served June 17, 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\ Ex Parte No. MC-206, Revisions to Accounting and Reporting
Requirements for Motor Carriers of Property, served January 27, 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, 1995.
FOR FURTHER INFORMATION CONTACT: Ward L. Ginn Jr., (202) 927-5740.
Vernon A. Williams,
Secretary.
[FR Doc. 95-28045 Filed 11-13-95; 8:45 am]
BILLING CODE 7035-01-P