[Federal Register Volume 82, Number 123 (Wednesday, June 28, 2017)]
[Notices]
[Page 29361]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-13511]


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SURFACE TRANSPORTATION BOARD


Indexing the Annual Operating Revenues of Railroads

    The Surface Transportation Board (STB) is publishing the annual 
inflation- adjusted index factors for 2016. These factors are used by 
the railroads to adjust their gross annual operating revenues for 
classification purposes. This indexing methodology ensures that 
railroads are classified based on real business expansion and not on 
the effects of inflation. Classification is important because it 
determines the extent to which individual railroads must comply with 
STB reporting requirements.
    The STB's annual inflation-adjusted factors are based on the annual 
average Railroad Freight Price Index developed by the Bureau of Labor 
Statistics. The STB's deflator factor is used to deflate revenues for 
comparison with established revenue thresholds.
    The base year for railroads is 1991. The inflation index factors 
are presented as follows:

     STB Railroad Inflation-Adjusted Index and Deflator Factor Table
------------------------------------------------------------------------
                     Year                          Index       Deflator
------------------------------------------------------------------------
1991..........................................       409.50   \1\ 100.00
1992..........................................       411.80        99.45
1993..........................................       415.50        98.55
1994..........................................       418.80        97.70
1995..........................................       418.17        97.85
1996..........................................       417.46        98.02
1997..........................................       419.67        97.50
1998..........................................       424.54        96.38
1999..........................................       423.01        96.72
2000..........................................       428.64        95.45
2001..........................................       436.48        93.73
2002..........................................       445.03        91.92
2003..........................................       454.33        90.03
2004..........................................       473.41        86.40
2005..........................................       522.41        78.29
2006..........................................       567.34        72.09
2007..........................................       588.30        69.52
2008..........................................       656.78        62.28
2009..........................................       619.73        66.00
2010..........................................       652.29        62.71
2011..........................................       708.80        57.71
2012..........................................       740.61        55.23
2013..........................................       764.19        53.53
2014..........................................       778.41        52.55
2015..........................................       749.22        54.60
2016..........................................       732.38        55.85
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\1\ In Montana Rail Link, Inc., & Wisconsin Central Ltd., Joint Petition
  for Rulemaking with Respect to 49 CFR Part 1201, 8 I.C.C.2d 625
  (1992), the Board's predecessor, the Interstate Commerce Commission,
  raised the revenue classification level for Class I railroads from $50
  million (1978 dollars) to $250 million (1991 dollars), effective for
  the reporting year beginning January 1, 1992. The Class II threshold
  was also raised from $10 million (1978 dollars) to $20 million (1991
  dollars).

    Effective Date: January 1, 2016.
    For Further Information Contact: Pedro Ramirez 202-245-0333. 
[Federal Information Relay Service (FIRS) for the hearing impaired: 1-
800-877-8339]

    By the Board, William Brennan, Acting Director, Office of 
Economics.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2017-13511 Filed 6-27-17; 8:45 am]
 BILLING CODE 4915-01-P