[Federal Register Volume 79, Number 171 (Thursday, September 4, 2014)]
[Notices]
[Pages 52805-52806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-21042]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 552 (Sub-No. 18)]


Railroad Revenue Adequacy--2013 Determination

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of Decision.

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SUMMARY: On September 2, 2014, the Board served a decision announcing 
the 2013 revenue adequacy determinations for the Nation's Class I 
railroads. Five carriers, BNSF Railway Company, Grand Trunk 
Corporation, Norfolk Southern Combined Railroad Subsidiaries, Soo Line 
Corporation and Union Pacific Railroad Company, were found to be 
revenue adequate.

DATES: Effective Date: This decision is effective on September 2, 2014.

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 (ROI) equal to at least the current cost of 
capital for the railroad industry for 2013, determined to be 11.32% in 
Railroad Cost of Capital--2013, EP 558 (Sub-No. 17) (STB served July 
31, 2014). This revenue adequacy standard was applied to each Class I 
railroad. Five carriers, BNSF Railway Company, Grand Trunk Corporation, 
Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation 
and Union Pacific Railroad Company, were found to be revenue adequate 
for 2013.
    The decision in this proceeding is posted on the Board's Web site 
at 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: August 29, 2014.


[[Page 52806]]


    By the Board, Chairman Elliott, Vice Chairman Miller, and 
Commissioner Begeman.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2014-21042 Filed 9-3-14; 8:45 am]
BILLING CODE 4915-01-P