[Federal Register Volume 81, Number 176 (Monday, September 12, 2016)]
[Notices]
[Page 62790]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21869]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 20)]


Railroad Revenue Adequacy--2015 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

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SUMMARY: On September 8, 2016, the Board served a decision announcing 
the 2015 revenue adequacy determinations for the Nation's Class I 
railroads. Four carriers, BNSF Railway Company, Grand Trunk 
Corporation, Soo Line Corporation, and Union Pacific Railroad Company, 
were found to be revenue adequate.

DATES: Effective Date: This decision is effective on September 8, 2016.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. 
Assistance for the hearing impaired is available through 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 2015, determined to be 9.61% in 
Railroad Cost of Capital--2015, EP 558 (Sub-No. 19) (STB served August 
5, 2016). This revenue adequacy standard was applied to each Class I 
railroad. Four carriers, BNSF Railway Company, Grand Trunk Corporation, 
Soo Line Corporation, and Union Pacific Railroad Company, were found to 
be revenue adequate for 2015.
    The decision in this proceeding is posted on the Board's Web site 
at www.stb.dot.gov. Copies of the decision may be purchased by 
contacting the Office of Public Assistance, Governmental Affairs, and 
Compliance at (202) 245-0238. Assistance for the hearing impaired is 
available through FIRS at (800) 877-8339.

    Decided: September 6, 2016.

    By the Board, Chairman Elliott, Vice Chairman Miller, and 
Commissioner Begeman.
Marline Simeon,
Clearance Clerk.
[FR Doc. 2016-21869 Filed 9-9-16; 8:45 am]
BILLING CODE 4915-01-P