STB reports three Class Is were revenue adequate in 2018
(Source: Progressive Railroading, September 9, 2019)
The Surface Transportation Board (STB) announced last week that the Class Is that achieved "revenue adequacy" in 2018 were CSX, Canadian Pacific's Soo Line Corp. and Union Pacific Railroad. 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 in 2018, which the board determined to be 12.22 percent.
Full story: Progressive Railroading
Tuesday, September 10, 2019
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