[Federal Register Volume 76, Number 215 (Monday, November 7, 2011)]
[Notices]
[Pages 68830-68831]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-28748]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 552 (Sub-No. 15)]


Railroad Revenue Adequacy--2010 Determination

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision.

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SUMMARY: On November 3, 2011, the Board served a decision announcing 
the 2010 revenue adequacy determinations for the Nation's Class I 
railroads. One carrier, Union Pacific Railroad Company, was found to be 
revenue adequate.

DATES: Effective Date: This decision is effective on November 3, 2011.

FOR FURTHER INFORMATION CONTACT: Paul Aguiar, (202) 245-0323. 
Assistance for the hearing impaired is available through 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 equal to at least the current cost of capital 
for the railroad industry for 2010, determined to be 11.03% in Railroad 
Cost of Capital--

[[Page 68831]]

2010, Docket No. EP 558 (Sub-No. 14) (STB served Oct. 3, 2011). This 
revenue adequacy standard was applied to each Class I railroad. One 
carrier, Union Pacific Railroad Company, was found to be revenue 
adequate for 2010.
    The decision in this proceeding is posted on the Board's Web site 
at http://www.stb.dot.gov. Copies of the decision may be purchased by 
contacting the Office of Public Assistance, Governmental Affairs, and 
Compliance at (202) 245-0238. Assistance for the hearing impaired is 
available through FIRS at (800) 877-8339.
    This action will not significantly affect either the quality of the 
human environment or the conservation of energy resources.

    Decided: November 2, 2011.

    By the Board, Chairman Elliott, Vice Chairman Begeman, and 
Commissioner Mulvey.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2011-28748 Filed 11-4-11; 8:45 am]
BILLING CODE 4915-01-P