1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (216) 241-2630 / Fax: (216) 241-6516

News and Issues
User Info

Five Class I railroads attained 'revenue adequate' status in 2013, STB says

(Source: Surface Transportation Board press release, September 2, 2014)

WASHINGTON, D.C. — The Surface Transportation Board announced today that it has made its annual determination of revenue adequacy for the Nation's Class I freight railroads for 2013. The Board found that five Class I railroads (BNSF Railway Company, Grand Trunk Corporation, Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation and Union Pacific Railroad Company) were "revenue adequate" for 2013.

A railroad is considered to be revenue adequate if it achieves a rate of return on net investment equal to at least the current cost of capital for the railroad industry for 2013, which the Board determined to be 11.32 percent. Congress directed the STB to conduct such revenue adequacy determinations on an annual basis. The Board's finding today is that the five Class I railroads achieved a rate of return equal to or greater than the agency's calculation of the average cost of capital to the freight rail industry.

The Board's decision in the case, Railroad Revenue Adequacy—2013 Determination, Docket No. EP 552 (Sub-No. 18), can be found on the Board's website, www.stb.dot.gov, under "E-LIBRARY" / "Decisions & Notices / 09/02/2014."

Thursday, September 04, 2014

Like us on Facebook at

Sign up for BLET News Flash Alerts

© 1997-2015 Brotherhood of Locomotive Engineers and Trainmen


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts


Teamster Nation: Get the latest updates in the War on Workers
Two R.J. Corman rail workers die in South Carolina flooding
Boxer: No PTC extension without highway bill
White House spokesman says Obama won’t support extending deadline for Positive Train Control
Railroads amp up pressure on Congress to extend PTC deadline
Missouri company gets $30 million contract to manage portion of California high-speed rail construction
Canadian Pacific ready to drop appeal in Lac-Megantic case if granted legal protection
CP customer memo condemns alleged espionage
CSX kicks off construction of Pittsburgh intermodal terminal
Teamsters reach tentative agreement with Ralphs, Vons and Albertsons

More Headlines