[Federal Register Volume 78, Number 41 (Friday, March 1, 2013)]
[Notices]
[Page 13933]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-04728]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 558 (Sub-No. 16)]


Railroad Cost of Capital--2012

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision instituting a proceeding to determine the 
railroad industry's 2012 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 2012. The decision solicits 
comments on the following issues: (1) The railroads' 2012 current cost 
of debt capital; (2) the railroads' 2012 current cost of preferred 
equity capital (if any); (3) the railroads' 2012 cost of common equity 
capital; and (4) the 2012 capital structure mix of the railroad 
industry on a market value basis. Comments should focus on the various 
cost of capital components listed above using the same methodology 
followed in Railroad Cost of Capital--2011, EP 558 (Sub-No. 15) (STB 
served Sept. 13, 2012).

DATES: Notices of intent to participate are due by March 29, 2013. 
Statements of the railroads are due by April 19, 2013. Statements of 
other interested persons are due by May 10, 2013. Rebuttal statements 
by the railroads are due by May 31, 2013.

ADDRESSES: Comments may be submitted either via the Board's e-filing 
system or in the traditional paper format. Any person using e-filing 
should comply with the instructions at the E-FILING link on the Board's 
Web site, at http://www.stb.dot.gov. Any person submitting a filing in 
the traditional paper format should send an original and 10 copies to: 
Surface Transportation Board, Attn: Docket No. EP 558 (Sub-No. 16), 395 
E Street SW., Washington, DC 20423-0001.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245-0333. 
Assistance for the hearing impaired is available through the Federal 
Information Relay Service (FIRS) at (800) 877-8339.

SUPPLEMENTARY INFORMATION: The Board's decision is posted on the 
Board's Web site, http://www.stb.dot.gov. Copies of the decision may be 
purchased by contacting the Board's 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 of the conservation of energy resources.

    Authority:  49 U.S.C. 10704(a).

    Decided: February 25, 2013.

    By the Board, Chairman Elliott, Vice Chairman Begeman, and 
Commissioner Mulvey.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013-04728 Filed 2-28-13; 8:45 am]
BILLING CODE 4915-01-P