[Federal Register Volume 66, Number 117 (Monday, June 18, 2001)]
[Notices]
[Pages 32872-32873]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-15322]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board


Indexing the Annual Operating Revenues of Railroads

    This Notice sets forth the annual inflation adjusting index numbers 
which are used to adjust gross annual operating revenues of railroads 
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. This index is

[[Page 32873]]

developed by the Bureau of Labor Statistics (BLS). This index will be 
used to deflate revenues for comparison with established revenue 
thresholds.
    The base year for railroads is 1991. The inflation index factors 
are presented as follows:

                         Railroad Freight Index
------------------------------------------------------------------------
          Year                    Index              Deflator percent
------------------------------------------------------------------------
             1991                   409.50               \1\ 100.00
             1992                   411.80                    99.45
             1993                   415.50                    98.55
             1994                   418.80                    97.70
             1995                   418.17                    97.85
             1996                   417.46                    98.02
             1997                   419.67                    97.50
             1998                   424.54                    96.38
             1999                   423.01                    96.72
             2000                   428.64                   95.45
------------------------------------------------------------------------
\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central
  Ltd., Joint Petition For Rulemaking With Respect To 49 CFR 1201, 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. The Class
  II threshold was also revised to reflect a rebasing from $10 million
  (1978 dollars) to $20 million (1991 dollars).


EFFECTIVE DATE: January 1, 2000.

FOR FURTHER INFORMATION CONTACT: Scott Decker (202) 565-1531. (TDD for 
the hearing impaired: 1-800-877-8339)

    By the Board.
Vernon A. Williams,
Secretary.
[FR Doc. 01-15322 Filed 6-15-01; 8:45 am]
BILLING CODE 4915-00-P