[Federal Register Volume 79, Number 43 (Wednesday, March 5, 2014)]
[Notices]
[Pages 12568-12569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-04855]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 558 (Sub-No. 17)]


Railroad Cost of Capital--2013

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision instituting a proceeding to determine the 
railroad industry's 2013 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 2013. The decision solicits 
comments on the following issues: (1) The railroads' 2013 current cost 
of debt capital; (2) the railroads' 2013 current cost of preferred 
equity capital (if any); (3) the railroads' 2013 cost of common equity 
capital; and (4) the 2013 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--2012, EP 558 (Sub-No. 16) (STB 
served Aug. 30, 2013).

[[Page 12569]]


DATES: Notices of intent to participate are due by March 31, 2014. 
Statements of the railroads are due by April 21, 2014. Statements of 
other interested persons are due by May 12, 2014. Rebuttal statements 
by the railroads are due by June 2, 2014.

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. 17), 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 or the conservation of energy resources.

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

    Decided: February 27, 2014.

    By the Board, Chairman Elliott and Vice Chairman Begeman.
Raina S. White,
Clearance Clerk.
[FR Doc. 2014-04855 Filed 3-4-14; 8:45 am]
BILLING CODE 4915-01-P