[Federal Register Volume 80, Number 175 (Thursday, September 10, 2015)]
[Notices]
[Pages 54657-54658]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-22770]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 552 (Sub-No. 19)]


Railroad Revenue Adequacy--2014 Determination

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision.

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SUMMARY: On September 8, 2015, the Board served a decision announcing 
the 2014 revenue adequacy determinations for the Nation's Class I 
railroads. Four carriers, BNSF Railway Company, Grand Trunk 
Corporation, Norfolk Southern Combined Railroad Subsidiaries, and Union 
Pacific Railroad Company, were found to be revenue adequate.

DATES: Effective Date: This decision is effective on September 8, 2015.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333.

[[Page 54658]]

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 2014, determined to be 10.65% in Railroad 
Cost of Capital--2014, EP 558 (Sub-No. 18) (STB served August 7, 2015). 
This revenue adequacy standard was applied to each Class I railroad. 
Four carriers, BNSF Railway Company, Grand Trunk Corporation, Norfolk 
Southern Combined Railroad Subsidiaries, and Union Pacific Railroad 
Company, were found to be revenue adequate for 2014.
    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: September 3, 2015.

    By the Board, Chairman Elliott, Vice Chairman Begeman, and 
Commissioner Miller.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2015-22770 Filed 9-9-15; 8:45 am]
BILLING CODE 4915-01-P