[Federal Register Volume 83, Number 246 (Wednesday, December 26, 2018)]
[Notices]
[Page 66336]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-27799]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 22)]


Railroad Revenue Adequacy--2017 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On December 21, 2018, the Board served a decision announcing 
the 2017 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: This decision is effective on December 21, 2018.

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 2017, determined to be 10.04% in 
Railroad Cost of Capital--2017, EP 558 (Sub-No. 21) (STB served Dec. 6, 
2018). 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 2017.
    The decision in this proceeding is posted on the Board's website at 
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: December 17, 2018.

    By the Board, Board Members Begeman and Miller.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2018-27799 Filed 12-21-18; 8:45 am]
 BILLING CODE 4915-01-P