[Federal Register Volume 82, Number 174 (Monday, September 11, 2017)]
[Notices]
[Pages 42716-42717]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19100]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 21)]


Railroad Revenue Adequacy--2016 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On September 6, 2017, the Board served a decision announcing 
the 2016 revenue adequacy determinations for the Nation's Class I 
railroads. Four carriers (BNSF Railway Company, 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 6, 2017.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (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 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 2016, determined to be 8.88% in 
Railroad Cost of Capital--2016, EP 558 (Sub-No. 20) (STB served Aug. 7, 
2017). This revenue adequacy standard was applied to each Class I 
railroad. Four carriers (BNSF Railway Company, Norfolk Southern 
Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific 
Railroad Company) were found to be revenue adequate for 2016.
    The decision in this proceeding is posted on the Board's Web site 
at

[[Page 42717]]

www.stb.gov. Copies of the decision may be purchased by contacting the 
Office of Public Assistance, Governmental Affairs, and Compliance at 
(202) 245-0238.

    Decided: September 5, 2017.

    By the Board, Board Members Begeman, Elliott, and Miller.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2017-19100 Filed 9-8-17; 8:45 am]
 BILLING CODE 4915-01-P