Skip to Content

Notice

Railroad Cost of Capital-2002

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

AGENCY:

Surface Transportation Board.

ACTION:

Notice of decision instituting a proceeding to determine the railroads' 2002 cost of capital.

SUMMARY:

The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2002. The decision solicits comments on: (1) The railroads' 2002 current cost of debt capital; (2) the railroads' 2002 current cost of preferred stock equity capital; (3) the railroads' 2002 cost of common stock equity capital; and (4) the 2002 capital structure mix of the railroad industry on a market value basis.

DATES:

Notices of intent to participate are due no later than January 13, 2003. Statements of the railroads are due by March 28, 2003. Statements of other interested persons are due by April 21, 2003. Rebuttal statements by the railroads are due by May 12, 2003.

ADDRESSES:

Send an original and 10 copies of statements and a copy of the statement on a 3.5 inch disk in WordPerfect 9.0, and an original and 1 copy of the notice of intent to participate to: Surface Transportation Board, Case Control Branch, 1925 K Street, NW., Washington, DC 20423-0001.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Leonard J. Blistein, (202) 565-1529. (Federal Information Relay Service (FIRS) for the hearing impaired: 1 (800) 877-8339.)

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

The Board's decision is posted on the Board's Web site, www.stb.dot.gov. In addition, copies of the decision may be purchased from Da-2-Da Legal Copy Service by calling 202-293-7776 (assistance for the hearing impaired is available through FIRS at 1-800-877-8339) or visiting Suite 405, 1925 K Street, NW., Washington, DC 20006.

We preliminarily conclude that the proposed action will not significantly affect either the quality of the human environment or the conservation of energy resources.

Start Authority

Authority: 49 U.S.C. 10704(a).

End Authority Start Signature

Decided: December 6, 2002.

By the Board, Chairman Nober, Vice Chairman Burkes, and Commissioner Morgan.

Vernon A. Williams,

Secretary.

End Signature End Supplemental Information

[FR Doc. 02-31337 Filed 12-11-02; 8:45 am]

BILLING CODE 4915-00-P