[Federal Register Volume 88, Number 246 (Tuesday, December 26, 2023)]
[Notices]
[Pages 89003-89004]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28318]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 290 (Sub-No. 5) (2024-1)]


Quarterly Rail Cost Adjustment Factor

AGENCY: Surface Transportation Board.

ACTION: Approval of rail cost adjustment factor.

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SUMMARY: The Surface Transportation Board has adopted the first quarter 
2024 Rail Cost Adjustment Factor and cost index filed by the 
Association of American Railroads.

DATES: Applicability Date: January 1, 2024.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. If you 
require an accommodation under the Americans with Disabilities Act, 
please call (202) 245-0245.

SUPPLEMENTARY INFORMATION: The rail cost adjustment factor (RCAF) is an 
index formulated to represent changes in railroad costs incurred by the 
nation's largest railroads over a specified period of time. Under 49 
U.S.C. 10708, the Surface Transportation Board (Board) is required to 
publish the RCAF on at least a quarterly basis. Each quarter, the 
Association of American Railroads computes three types of RCAF figures 
and submits those figures to the Board for approval. The Board has 
reviewed the submission and adopts the RCAF figures for the first 
quarter of 2024. The first quarter 2024 RCAF (Unadjusted) is 0.974. The 
first quarter 2024 RCAF (Adjusted) is 0.383. The first quarter

[[Page 89004]]

2024 RCAF-5 is 0.367. Additional information is contained in the 
Board's decision, which is available at www.stb.gov.

    Decided: December 19, 2023.

    By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and 
Schultz.
Brendetta Jones,
Clearance Clerk.
[FR Doc. 2023-28318 Filed 12-22-23; 8:45 am]
BILLING CODE 4915-01-P