[Federal Register Volume 66, Number 147 (Tuesday, July 31, 2001)]
[Notices]
[Page 39558]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-19019]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Ex Parte No. 552 (Sub-No. 5)]


Railroad Revenue Adequacy--2000 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On July 31, 2001, the Board served a decision announcing the 
2000 revenue adequacy determinations for the Nation's Class I 
railroads. No carrier is found to be revenue adequate.

EFFECTIVE DATE: This decision is effective July 31, 2001.

FOR FURTHER INFORMATION CONTACT: Leonard J. Blistein, (202) 565-1529. 
[TDD for the hearing impaired: (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 equal to at least the current cost of capital 
for the railroad industry for 2000, determined to be 11.0% in Railroad 
Cost of Capital--2000, STB Ex Parte No. 558 (Sub-No. 4) (STB served 
July 2, 2001). This revenue adequacy standard was applied to each Class 
I railroad, and no carrier was found to be revenue adequate for 2000.
    Additional information is contained in the Board's formal decision. 
To purchase a copy of the full decision, write to, call, or pick up in 
person from: Da 2 Da Legal, Room 405, 1925 K Street, NW., Washington, 
DC 20423. Telephone: 202 293-7776, Fax 202 293-0770. Assistance for the 
hearing impaired is available through TDD services 1-800-877-8339. The 
decision is also available on the Board's internet site, 
www.stb.dot.gov.

Environmental and Energy Considerations

    This action will not significantly affect either the quality of the 
human environment or the conservation of energy resources.

Regulatory Flexibility Analysis

    Pursuant to 5 U.S.C. 603(b), we conclude that our action in this 
proceeding will not have a significant economic impact on a substantial 
number of small entities. The purpose and effect of the action is 
merely to update the annual railroad industry revenue adequacy finding. 
No new reporting or other regulatory requirements are imposed, directly 
or indirectly, on small entities.

    Decided: July 25, 2001.

    By the Board, Chairman Morgan, Vice Chairman Clyburn, and 
Commissioner Burkes.
Vernon A. Williams,
Secretary.
[FR Doc. 01-19019 Filed 7-30-01; 8:45 am]
BILLING CODE 4915-00-P