[Federal Register Volume 86, Number 173 (Friday, September 10, 2021)]
[Notices]
[Page 50752]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19539]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 25)]


Railroad Revenue Adequacy--2020 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On September 7, 2021, the Board served a decision announcing 
the 2020 revenue adequacy determinations for the Nation's Class I 
railroads. Five Class I railroads (BNSF Railroad Company, CSX 
Transportation, Inc., The Kansas City Southern Railway Company, Soo 
Line Corporation, and Union Pacific Railroad Company) were found to be 
revenue adequate.

DATES: This decision is effective on September 7, 2021.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. 
Assistance for the hearing impaired is available through the Federal 
Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: Under 49 U.S.C. 10704(a)(3), 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 2020, this 
number was determined to be 7.89% in R.R. Cost of Capital--2020, EP 558 
(Sub-No. 24) (STB served Aug. 6, 2021). The Board then applied this 
revenue adequacy standard to each Class I railroad. Five Class I 
carriers (BNSF Railroad Company, CSX Transportation, Inc., The Kansas 
City Southern Railway Company, Soo Line Corporation, and Union Pacific 
Railroad Company) were found to be revenue adequate for 2020.
    The decision in this proceeding is posted at www.stb.gov.

    Decided: September 3, 2021.

    By the Board, Board Members Begeman, Fuchs, Oberman, Primus, and 
Schultz.
Eden Besera,
Clearance Clerk.
[FR Doc. 2021-19539 Filed 9-9-21; 8:45 am]
BILLING CODE 4915-01-P