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Notice

Indexing the Annual Operating Revenues of Railroads

A Notice by the Transportation Department and the Surface Transportation Board on 08/14/2009

Document Details

Information about this document as published in the Federal Register.

Printed version:
PDF
Publication Date:
08/14/2009
Agencies:
Department of Transportation
Surface Transportation Board
Document Type:
Notice
Document Citation:
74 FR 41180
Page:
41180-41181 (2 pages)
Document Number:
E9-19452
Document Details
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

The Surface Transportation Board (STB) is publishing the annual inflation-adjusted index factors for 2008. These factors are used by the railroads to adjust their gross annual operating revenues for classification purposes. This indexing methodology insures that railroads are classified based on real business expansion and not from the affects of inflation. Classification is important because it determines the extent to which individual railroads must comply with STB reporting requirements.

The STB's annual inflation-adjusted factors are based on the annual average Railroad's Freight Price Index which is developed by the Bureau of Labor Statistics (BLS). The STB's deflator factor is used to deflate revenues for comparison with established revenue thresholds.

The base year for railroads is 1991. The inflation index factors are presented as follows:

STB Railroad Inflation-Adjusted Index and Deflator Factor Table

YearIndexDeflator
1991409.501 100.00
1992411.8099.45
1993415.5098.55
1994418.8097.70
1995418.1797.85
1996417.4698.02
1997419.6797.50
1998424.5496.38
1999423.0196.72
2000428.6495.45
2001436.4893.73
2002445.0391.92
2003454.3390.03
2004473.4186.40
2005522.4178.29
2006567.3472.09
2007588.2769.52
2008656.7862.28
1 Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central Ltd., Joint Petition For Rulemaking With Respect To 49 CFR 1201, 8 I.C.C. 2d 625 (1992), raised the revenue classification level for Class I railroads from $50 million (1978 dollars) to $250 million (1991 dollars), effective for the reporting year beginning January 1, 1992. The Class II threshold was also raised from $10 million (1978 dollars) to $20 million (1991 dollars).

DATES:

Effective Date: January 1, 2008.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Scott Decker 202-245-0330. [Federal Information Relay Service (FIRS) for the hearing impaired: 1-800-877-8339.]

Start Signature
Start Printed Page 41181

By the Board, Leland L. Gardner, Director, Office of Economics, Environmental Analysis, and Administration.

Kulunie L. Cannon,

Clearance Clerk.

End Signature End Further Info End Preamble

[FR Doc. E9-19452 Filed 8-13-09; 8:45 am]

BILLING CODE 4915-01-P

Published Document