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Ex ParteBefore the Surface Transportation Board

EP 558

RAILROAD COST OF CAPITAL - 1996

Caption from the Board’s record. Sub-dockets, included below: EP 558 (Sub-No. 1), EP 558 (Sub-No. 2), EP 558 (Sub-No. 3), EP 558 (Sub-No. 4), EP 558 (Sub-No. 5), EP 558 (Sub-No. 6), EP 558 (Sub-No. 7), EP 558 (Sub-No. 80), EP 558 (Sub-No. 9), EP 558 (Sub-No. 10), EP 558 (Sub-No. 11), EP 558 (Sub-No. 12), EP 558 (Sub-No. 13), EP 558 (Sub-No. 14), EP 558 (Sub-No. 15), EP 558 (Sub-No. 16), EP 558 (Sub-No. 17), EP 558 (Sub-No. 18), EP 558 (Sub-No. 19), EP 558 (Sub-No. 20), EP 558 (Sub-No. 21), EP 558 (Sub-No. 22), EP 558 (Sub-No. 23), EP 558 (Sub-No. 24), EP 558 (Sub-No. 25), EP 558 (Sub-No. 26), EP 558 (Sub-No. 27), EP 558 (Sub-No. 28), EP 558 (Sub-No. 29)

196 filings, 82 decisions and 0 environmental comments observed here; last checked 11 Oct 2026, 01:36 UTC; last new entry 10 Sep 2026, 15:21 UTC.

Entries

By type (14)
Newest first · oldest first
  1. Decision
    53167Entire Board · in EP 558 (Sub-No. 29)
    FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY WAS 9.79% FOR 2025.
  2. Comments
    311847Comments · in EP 558 (Sub-No. 29)
    Association of American Railroads
  3. Reply
    311737Reply · in EP 558 (Sub-No. 29)
    Western Coal Traffic League
  4. Supplement
    311649Modify/Supplement Prior Filing Or The Record · in EP 558 (Sub-No. 29)
    Association of American Railroads
  5. Decision
    53099Chief Counsel, Office of Chief Counsel · in EP 558 (Sub-No. 29)
    DIRECTED ASSOCIATION OF AMERICAN RAILROADS TO SUBMIT A REVISED VERSION OF ITS COMMENTS (INCLUDING WORKPAPERS) CORRECTING THE ERRORS IDENTIFIED IN THIS DECISION BY JUNE 17, 2026.
  6. Comments
    311460Comments · in EP 558 (Sub-No. 29)
    Association of American Railroads
  7. Notice
    311238Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 29)
    Association of American Railroads
  8. Notice
    311136Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 29)
    Western Coal Traffic League
  9. Decision
    52959Entire Board · in EP 558 (Sub-No. 29)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2025.
  10. Substitution
    310639Substitution/Withdrawal Of Counsel · in EP 558 (Sub-No. 26) · also entered in EP 558 (Sub-No. 27)
    Association of American Railroads
  11. Decision
    52630Entire Board · in EP 558 (Sub-No. 28)
    FOUND THAT THE COST OF CAPITAL FOR RAILROAD INDUSTRY WAS 10.68% FOR 2024.
  12. Rebuttal
    309593Rebuttal · in EP 558 (Sub-No. 28)
    Association of American Railroads
  13. Reply
    309538Reply Comments · in EP 558 (Sub-No. 28)
    Western Coal Traffic League
  14. Comments
    309462Comments · in EP 558 (Sub-No. 28)
    Association of American Railroads
  15. Decision
    52486Director Of Proceedings · in EP 558 (Sub-No. 28)
    GRANTED IN PART THE ASSOCIATION OF AMERICAN RAILROAD'S REQUEST TO EXTEND THE PROCEDURAL SCHEDULE.
  16. Request
    309218Request For Extension Of Time · in EP 558 (Sub-No. 28)
    Association of American Railroads
  17. Notice
    309201Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 28)
    Association of American Railroads
  18. Notice
    309199Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 28)
    Western Coal Traffic League
  19. Decision
    52417Entire Board · in EP 558 (Sub-No. 28)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2024.
  20. Decision
    52184Entire Board · in EP 558 (Sub-No. 27)
    FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 9.87% FOR 2023. THIS FIGURE REPRESENTS THE BOARD’S OFFICE OF ECONOMICS’ ESTIMATE OF THE AVERAGE RATE OF RETURN NEEDED TO PERSUADE INVESTORS TO PROVIDE CAPITAL TO THE FREIGHT RAIL INDUSTRY.
  21. Comments
    308359Comments · in EP 558 (Sub-No. 27)
    Association of American Railroads
  22. Reply
    308308Reply · in EP 558 (Sub-No. 27)
    Western Coal Traffic League
  23. Supplement
    308239Modify/Supplement Prior Filing Or The Record · in EP 558 (Sub-No. 27)
    Association of American Railroads
  24. Comments
    308235Comments · in EP 558 (Sub-No. 27)
    Association of American Railroads
  25. Notice
    308050Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 27)
    Association of American Railroads
  26. Notice
    308024Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 27)
    Western Coal Traffic League
  27. Decision
    52040Entire Board · in EP 558 (Sub-No. 27)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY’S COST OF CAPITAL FOR 2023.
  28. Notice
    307770Notice · in EP 558 (Sub-No. 26)
    Slover & Loftus LLP
  29. Decision
    51897-- · in EP 558 (Sub-No. 26)
    PROVIDED NOTICE THAT COURT ACTION WAS INSTITUTED IN THIS PROCEEDING IN THE UNITED STATES COURT OF APPEALS FOR THE DISTRICT OF COLUMBIA CIRCUIT.
  30. Decision
    51731Entire Board · in EP 558 (Sub-No. 26)
    FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 10.58% FOR 2022.
  31. Reply
    306642Reply · in EP 558 (Sub-No. 26)
    Association of American Railroads
  32. Reply
    306542Reply · in EP 558 (Sub-No. 26)
    Western Coal Traffic League
  33. Comments
    306436Comment · in EP 558 (Sub-No. 26)
    Association of American Railroads
  34. Notice
    306315Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 26)
    Association of American Railroads
  35. Notice
    306110Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 26)
    Western Coal Traffic League
  36. Decision
    51570Entire Board · in EP 558 (Sub-No. 26)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2022.
  37. Decision
    51333Entire Board · in EP 558 (Sub-No. 25)
    FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 10.37% FOR 2021.
  38. Rebuttal
    304656Rebuttal · in EP 558 (Sub-No. 25)
    Association of American Railroads
  39. Substitution
    304616Substitution/Withdrawal Of Counsel · in EP 558 (Sub-No. 16) · also entered in EP 558 (Sub-No. 17), EP 558 (Sub-No. 18), EP 558 (Sub-No. 19), EP 558 (Sub-No. 20), EP 558 (Sub-No. 21), EP 558 (Sub-No. 22), EP 558 (Sub-No. 23), EP 558 (Sub-No. 25)
    Association of American Railroads
  40. Reply
    304522Reply · in EP 558 (Sub-No. 25)
    Western Coal Traffic League
  41. Comments
    304323Comment · in EP 558 (Sub-No. 25)
    Association of American Railroads
  42. Notice
    304179Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 25)
    Association of American Railroads
  43. Notice
    303934Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 25)
    The Western Coal Traffic League
  44. Decision
    51100Entire Board · in EP 558 (Sub-No. 25)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2021.
  45. Decision
    50817Entire Board · in EP 558 (Sub-No. 24)
    FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 7.89% FOR 2020.
  46. Reply
    302452Reply · in EP 558 (Sub-No. 24)
    Association of American Railroads
  47. Reply
    302300Reply · in EP 558 (Sub-No. 24)
    Western Coal Traffic League
  48. Comments
    302041Comment · in EP 558 (Sub-No. 24)
    Association of American Railroads
  49. Notice
    301854Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 24)
    Association of American Railroads
  50. Notice
    301655Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 24)
    Western Coal Traffic League
  51. Decision
    50621Entire Board · in EP 558 (Sub-No. 24)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2020.
  52. Decision
    50445Entire Board · in EP 558 (Sub-No. 23)
    DENIED A PETITION FILED BY WESTERN COAL TRAFFIC LEAGUE TO RECONSIDER A BOARD DECISION SERVED ON AUGUST 5, 2020, WHICH DETERMINED THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY IN 2019.
  53. Reply
    301072Reply · in EP 558 (Sub-No. 23)
    Association of American Railroads
  54. Motion
    301017Petition For Reconsideration · in EP 558 (Sub-No. 23)
    Western Coal Traffic League
  55. Decision
    50330Entire Board · in EP 558 (Sub-No. 23)
    PROVIDED NOTICE THAT THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 9.34% FOR 2019.
  56. Rebuttal
    300683Rebuttal · in EP 558 (Sub-No. 23)
    Association of American Railroads
  57. Reply
    300611Reply · in EP 558 (Sub-No. 23)
    Western Coal Traffic League
  58. Comments
    300549Comment · in EP 558 (Sub-No. 23)
    Association of American Railroads
  59. Notice
    300512Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 23)
    Association of American Railroads
  60. Notice
    300506Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 23)
    Western Coal Traffic League
  61. Decision
    50115Entire Board · in EP 558 (Sub-No. 23)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2019.
  62. Decision
    47261Entire Board · in EP 558 (Sub-No. 22)
    CORRECTED THE DECISION SERVED ON AUGUST 6, 2019.
  63. Decision
    47108Entire Board · in EP 558 (Sub-No. 22)
    DECISION FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 12.22% FOR 2018.
  64. Section
    248288Section 5 Summary · in EP 558 (Sub-No. 22)
    Surface Transportation Board
  65. Rebuttal
    247848Rebuttal · in EP 558 (Sub-No. 22)
    Association Of American Railroads
  66. Reply
    247763Reply · in EP 558 (Sub-No. 22)
    Western Coal Traffic League
  67. Comments
    247548Comment · in EP 558 (Sub-No. 22)
    Association Of American Railroads
  68. Notice
    247386Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 22)
    Association Of American Railroads
  69. Notice
    247112Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 22)
    Western Coal Traffic League
  70. Decision
    46790Entire Board · in EP 558 (Sub-No. 22)
    DECISION INITIATED A PROCEEDING IN WHICH CERTAIN OF THE NATION'S LARGEST RAILROADS MUST, AND OTHER INTERESTED PARTIES MAY, PROVIDE COMMENTS TO ASSIST THE BOARD IN DETERMINING THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2018.
  71. Supplement
    247069Modify/Supplement Prior Filing Or The Record · in EP 558 (Sub-No. 21)
    Norfolk Southern Railway Company
  72. Comments
    247036Comment · in EP 558 (Sub-No. 21)
    Soo Line Corporation
  73. Comments
    247042Comment · in EP 558 (Sub-No. 21)
    Csx Transportation Inc
  74. Comments
    247040Comment · in EP 558 (Sub-No. 21)
    Grand Trunk Corporation
  75. Comments
    247033Comment · in EP 558 (Sub-No. 21)
    Kansas City Southern Railway Company
  76. Comments
    247012Comment · in EP 558 (Sub-No. 21)
    Bnsf Railway Company
  77. Comments
    247045Comment · in EP 558 (Sub-No. 21)
    Norfolk Southern Railway Company
  78. Comments
    247044Comment · in EP 558 (Sub-No. 21)
    Union Pacific Railroad Company
  79. Decision
    46712Entire Board · in EP 558 (Sub-No. 21)
    DECISION FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 10.04% FOR 2017.
  80. Decision
    46698Entire Board · in EP 558 (Sub-No. 21)
    DECISION ADOPTED ITS PROPOSAL TO MAKE ONE-TIME ADJUSTMENTS TO ITS 2017 ANNUAL COST OF CAPITAL DETERMINATION, REVENUE ADEQUACY DETERMINATION, AND UNIFORM RAILROAD COSTING SYSTEM CALCULATIONS TO REMOVE THE ACCOUNTING IMPACTS OF THE TAX CUTS AND JOBS ACT ON RAIL CARRIERS' DEFERRED TAX LIABILITY.
  81. Reply
    246420Reply · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  82. Reply
    246417Reply · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  83. Comments
    246326Comment · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  84. Comments
    246321Comment · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  85. Supplement
    246230Modify/Supplement Prior Filing Or The Record · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  86. Decision
    46563Director Of Proceedings · in EP 558 (Sub-No. 21)
    DECISION EXTENDED THE DEADLINE FOR COMMENTS TO SEPTEMBER 5, 2018, AND EXTENDED THE DEADLINE FOR REPLIES TO SEPTEMBER 25, 2018.
  87. Request
    246163Request For Extension Of Time · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  88. Decision
    46549Entire Board · in EP 558 (Sub-No. 21)
    DECISION PROVIDED NOTICE THAT THE BOARD IS SEEKING COMMENT ON WHETHER ONE-TIME ADJUSTMENTS TO ITS 2017 ANNUAL COST OF CAPITAL DETERMINATION, REVENUE ADEQUACY DETERMINATION, AND UNIFORM RAILROAD COSTING SYSTEM CALCULATIONS TO REMOVE THE ACCOUNTING IMPACTS OF THE TAX CUTS AND JOBS ACT ON RAIL CARRIERS' DEFERRED TAX LIABILITY WOULD BE APPROPRIATE.
  89. Letter
    246045Letter · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  90. Motion
    245932Motion/Petition/Request · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  91. Rebuttal
    245861Rebuttal · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  92. Reply
    245711Reply · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  93. Comments
    245518Comment · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  94. Notice
    245374Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 21)
    Association Of American Railroads
  95. Notice
    245149Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 21)
    Western Coal Traffic League
  96. Decision
    46268Entire Board · in EP 558 (Sub-No. 21)
    DECISION INSTITUTED A PROCEEDING PURSUANT TO 49 U.S.C. § 10704(a)(2) TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2017.
  97. Decision
    45911Entire Board · in EP 558 (Sub-No. 20)
    DECISION FOUND THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY, WHICH IS CALCULATED EACH YEAR, WAS 8.88% FOR 2016. THIS FIGURE REPRESENTED THE BOARD'S OFFICE OF ECONOMICS ESTIMATE OF THE AVERAGE RATE OF RETURN NEEDED TO PERSUADE INVESTORS TO PROVIDE CAPITAL TO THE FREIGHT RAIL INDUSTRY.
  98. Rebuttal
    243618Rebuttal · in EP 558 (Sub-No. 20)
    Association Of American Railroads
  99. Reply
    243086Reply · in EP 558 (Sub-No. 20)
    Western Coal Traffic League
  100. Comments
    242969Comment · in EP 558 (Sub-No. 20)
    Association Of American Railroads
  101. Notice
    242869Notice Of Intent To Participate (With Comment) · in EP 558 (Sub-No. 20)
    Association Of American Railroads
  102. Notice
    242794Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 20)
    Western Coal Traffic League
  103. Decision
    45686Entire Board · in EP 558 (Sub-No. 20)
    DECISION INITIATED A PROCEEDING IN WHICH CERTAIN OF THE NATION'S LARGEST RAILROADS MUST, AND OTHER INTERESTED PARTIES MAY, PROVIDE COMMENTS TO ASSIST THE BOARD IN DETERMINING THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2016.
  104. Decision
    45198Entire Board · in EP 558 (Sub-No. 19)
    DECISION DETERMINED THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2015 AND DISCONTINUED THIS PROCEEDING.
  105. Rebuttal
    240845Rebuttal · in EP 558 (Sub-No. 19)
    Association Of American Railroads
  106. Reply
    240640Reply · in EP 558 (Sub-No. 19)
    Western Coal Traffic League
  107. Comments
    240529Comment · in EP 558 (Sub-No. 19)
    Association Of American Railroads
  108. Notice
    240359Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 19)
    Association Of American Railroads
  109. Notice
    240357Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 19)
    Western Coal Traffic League
  110. Decision
    45091Entire Board · in EP 558 (Sub-No. 19)
    DECISION CORRECTED THE DECISION SERVED ON MARCH 2, 2016, WHICH INCORRECTLY IDENTIFIED CSX CORPORATION AS A CLASS I CARRIER IN FOOTNOTE 5 ON PAGE 2.
  111. Decision
    45044Entire Board · in EP 558 (Sub-No. 19)
    DECISION INITIATED A PROCEEDING IN WHICH CERTAIN OF THE NATION'S LARGEST RAILROADS MUST, AND OTHER INTERESTED PARTIES MAY, PROVIDE COMMENTS TO ASSIST THE BOARD IN DETERMINING THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2015.
  112. Motion
    240226Motion/Petition/Request · in EP 558 (Sub-No. 19)
    Csx Corporation
  113. Decision
    44602Entire Board · in EP 558 (Sub-No. 18)
    DECISION FOUND THAT FOR 2014, THE COST OF RAILROAD LONG-TERM DEBT WAS 3.58%; THE COST OF COMMON EQUITY WAS 12.06%; THE COST OF PREFERRED EQUITY WAS 3.69%; THE CAPITAL STRUCTURE MIX OF RAILROADS WAS 16.66% LONG-TERM DEBT, 83.34% COMMON EQUITY, AND 0.00% PREFERRED EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 10.65%.
  114. Comments
    238517Comment · in EP 558 (Sub-No. 18)
    Association Of American Railroads
  115. Reply
    238356Reply · in EP 558 (Sub-No. 18)
    Western Coal Traffic League
  116. Reply
    238355Reply · in EP 558 (Sub-No. 18)
    Arkansas Electric Cooperative Corporation
  117. Comments
    238239Comment · in EP 558 (Sub-No. 18)
    Association Of American Railroads
  118. Notice
    238080Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 18)
    Union Pacific Railroad Company
  119. Notice
    238076Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 18)
    Western Coal Traffic League
  120. Notice
    238073Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 18)
    Arkansas Electric Cooperative Corporation
  121. Notice
    238070Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 18)
    Association Of American Railroads
  122. Decision
    44329Director Of Proceedings · in EP 558 (Sub-No. 18)
    DECISION CORRECTED THE DATE IN WHICH NOTICE OF THE DECISION SERVED ON FEBRUARY 19, 2015, WOULD BE PUBLISHED.
  123. Decision
    44293Entire Board · in EP 558 (Sub-No. 18)
    DECISION INITIATED A PROCEEDING IN WHICH CERTAIN OF THE NATION'S LARGEST RAILROADS MUST, AND OTHER INTERESTED PARTIES MAY, PROVIDE COMMENTS TO ASSIST THE BOARD IN DETERMINING THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2014.
  124. Decision
    43880Entire Board · in EP 558 (Sub-No. 17)
    DECISION FOUND THAT FOR 2013, THE COST OF RAILROAD LONG-TERM DEBT WAS 3.68%; THE COST OF COMMON EQUITY WAS 12.96%; THE COST OF PREFERRED EQUITY WAS 3.87%; THE CAPITAL STRUCTURE MIX OF RAILROADS WAS 17.69% LONG-TERM DEBT, 82.31% COMMON EQUITY, AND 0.004% PREFERRED EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.32%.
  125. Comments
    236137Comment · in EP 558 (Sub-No. 17)
    Association Of American Railroads
  126. Reply
    236033Reply · in EP 558 (Sub-No. 17)
    Western Coal Traffic League
  127. Comments
    235945Comment · in EP 558 (Sub-No. 17)
    Association Of American Railroads
  128. Notice
    235727Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 17)
    Association Of American Railroads
  129. Notice
    235606Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 17)
    Union Pacific Railroad Company
  130. Notice
    235561Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 17)
    Western Coal Traffic League
  131. Decision
    43658Entire Board · in EP 558 (Sub-No. 17)
    DECISION: (1) INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2013; AND (2) DIRECTED CERTAIN CLASS I RAILROADS, AND INVITED OTHER INTERESTED PARTIES TO PROVIDE COMMENTS.
  132. Decision
    43310Entire Board · in EP 558 (Sub-No. 16)
    DECISION CORRECTED THE DECISION SERVED ON AUGUST 2, 2013, IN THIS PROCEEDING. THIS DECISION FINDS THAT THE COST OF CAPITAL FOR THE RAILROAD INDUSTRY IN 2012 WAS 11.12%.
  133. Correction
    234695Correction · in EP 558 (Sub-No. 16)
    Association Of American Railroads
  134. Decision
    43177Entire Board · in EP 558 (Sub-No. 16)
    DECISION FOUND THAT FOR 2012, THE CURRENT COST OF RAILROAD LONG-TERM DEBT WAS 3.29%; THE COST OF COMMON EQUITY WAS 13.40%; THE CAPITAL STRUCTURE MIX OF THE RAILROADS WAS 22.62% LONG-TERM DEBT AND 77.38% COMMON EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.11%.
  135. Errata
    234370Errata Sheet · in EP 558 (Sub-No. 16)
    Association Of American Railroads
  136. Rebuttal
    234347Rebuttal · in EP 558 (Sub-No. 16)
    Association Of American Railroads
  137. Reply
    234207Reply · in EP 558 (Sub-No. 16)
    Western Coal Traffic League
  138. Comments
    234102Comment · in EP 558 (Sub-No. 16)
    Association Of American Railroads
  139. Notice
    233984Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 16)
    Association Of American Railroads,
  140. Notice
    233904Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 16)
    Western Coal Traffic League
  141. Decision
    42873Entire Board · in EP 558 (Sub-No. 16)
    DECISION PROVIDED NOTICE THAT A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2012.
  142. Decision
    42502Entire Board · in EP 558 (Sub-No. 15)
    DECISION FINDS THAT FOR 2011, THE CURRENT COST OF RAILROAD LONG-TERM DEBT WAS 3.97%; THE COST OF COMMON EQUITY WAS 13.57%; THE CAPITAL STRUCTURE MIX OF THE RAILROADS WAS 20.83% LONG-TERM DEBT AND 79.17% COMMON EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.57%.
  143. Rebuttal
    232375Rebuttal · in EP 558 (Sub-No. 15)
    Association Of American Railroads
  144. Reply
    232293Reply · in EP 558 (Sub-No. 15)
    Western Coal Traffic League
  145. Comments
    232222Comment · in EP 558 (Sub-No. 15)
    Association Of American Railroads
  146. Decision
    42309Director Of Proceedings · in EP 558 (Sub-No. 15)
    DECISION GRANTED ASSOCIATION OF AMERICAN RAILROADS AN EXTENSION OF 3 WEEKS, UNTIL APRIL 20, 2012, TO FILE OPENING COMMENTS.
  147. Request
    232088Request For Extension Of Time · in EP 558 (Sub-No. 15)
    Association Of American Railroads
  148. Notice
    232007Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 15)
    Snavely King Majoros & O'connor, Inc.
  149. Notice
    231999Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 15)
    Association Of American Railroads
  150. Notice
    231920Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 15)
    Western Coal Traffic League
  151. Decision
    42161Entire Board · in EP 558 (Sub-No. 15)
    DECISION PROVIDED NOTICE THAT THE BOARD IS INSTITUTING A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2011.
  152. Decision
    41599Entire Board · in EP 558 (Sub-No. 14)
    DECISION FOUND THAT FOR 2010, THE CURRENT COST OF RAILROAD LONG-TERM DEBT WAS 4.61%; THE COST OF COMMON EQUITY WAS 12.99%; THE CAPITAL STRUCTURE MIX OF THE RAILROADS WAS 23.38% LONG-TERM DEBT AND 76.62% COMMON EQUITY; AND THE COMPOSITE RAILROAD INDUSTRY COST OF CAPITAL WAS 11.03%.
  153. Rebuttal
    230307Rebuttal · in EP 558 (Sub-No. 14)
    Association Of American Railroads
  154. Reply
    229679Reply · in EP 558 (Sub-No. 14)
    Western Coal Traffic League
  155. Decision
    41638Director Of Proceedings · in EP 558 (Sub-No. 14)
    DECISION GRANTED A REQUEST TO REVISE THE PROCEDURAL SCHEDULE IN THIS PROCEEDING.
  156. Request
    229523Request For Extension Of Time · in EP 558 (Sub-No. 14)
    Western Coal Traffic League
  157. Comments
    229418Comment · in EP 558 (Sub-No. 14)
    Association Of American Railroads
  158. Notice
    228963Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 14)
    Snavely King Majoros O'connor & Lee Inc
  159. Notice
    228958Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 14)
    Association Of American Railroads
  160. Notice
    228935Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 14)
    Union Pacific Railroad Company
  161. Notice
    228883Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 14)
    Western Coal Traffic League
  162. Decision
    41366Entire Board · in EP 558 (Sub-No. 14)
    DECISION PROVIDED NOTICE THAT THE BOARD IS INSTITUTING A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2010.
  163. Decision
    41209Entire Board · in EP 558 (Sub-No. 13)
    DECISION CORRECTED FOOTNOTE 4 OF THE DECISION SERVED ON SEPTEMBER 30, 2010, IN THIS PROCEEDING.
  164. Decision
    40788Entire Board · in EP 558 (Sub-No. 13)
    DECISION CONCLUDED THAT THE 2009 COMPOSITE AFTER-TAX COST OF CAPITAL FOR THE RAILROAD INDUSTRY WAS 10.43%, BASED ON THE EVIDENCE FURNISHED IN THE RECORD AND THE BOARD'S ADJUSTMENTS TO THE CALCULATIONS DISCUSSED IN THE DECISION.
  165. Rebuttal
    227439Rebuttal · in EP 558 (Sub-No. 13)
    Bnsf Railway Company
  166. Rebuttal
    227437Rebuttal · in EP 558 (Sub-No. 13)
    Association Of American Railroads
  167. Reply
    227283Reply · in EP 558 (Sub-No. 13)
    Western Coal Traffic League
  168. Reply
    227282Reply · in EP 558 (Sub-No. 13)
    Ppl Montana Llc
  169. Reply
    227280Reply · in EP 558 (Sub-No. 13)
    National Grain And Feed Association
  170. Statement
    227104Opening Statement · in EP 558 (Sub-No. 13)
    Kansas City Southern Railway Company
  171. Statement
    227099Opening Statement · in EP 558 (Sub-No. 13)
    Bnsf Railway Company
  172. Statement
    227095Opening Statement · in EP 558 (Sub-No. 13)
    Association Of American Railroads
  173. Notice
    226864Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Bnsf Railway Company
  174. Notice
    226830Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Kansas City Southern Railway Company
  175. Notice
    226828Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Snavely King Majoros O'connor & Bedell, Inc.
  176. Notice
    226822Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Ppl Energy Plus, Llc, Ppl Montana Llc
  177. Notice
    226819Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    National Grain And Feed Association
  178. Notice
    226809Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Association Of American Railroads
  179. Notice
    226806Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Norfolk Southern Railway Company
  180. Notice
    226775Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 13)
    Union Pacific Railroad Company
  181. Notice
    226741Notice Of Intent To Participate (With Comment) · in EP 558 (Sub-No. 13)
    Western Coal Traffic League
  182. Decision
    40675Entire Board · in EP 558 (Sub-No. 13)
    DECISION INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2009 AND SEEKS COMMENTS ON: (1) THE RAILROADS' 2009 CURRENT COST OF DEBT CAPITAL; (2) THE RAILROADS' 2009 CURRENT COST OF PREFERRED EQUITY CAPITAL (IF ANY); (3) THE RAILROADS' 2009 COST OF COMMON EQUITY CAPITAL, (4) HOW THE CHANGE IN BNSF RAILWAY COMPANY'S SHARE PRICES FROM NOVEMBER 2009 THROUGH DECEMBER 2009, FOLLOWING THE ANNOUNCEMENT OF ITS ACQUISITION BY BERKSHIRE HATHAWAY INC., SHOULD BE CONSIDERED IN CALCULATING THE 2009 COST OF COMMON EQUITY CAPITAL; AND (5) THE 2009 CAPITAL STRUCTURE MIX OF THE RAILROAD INDUSTRY ON A MARKET VALUE BASIS.
  183. Decision
    40078Entire Board · in EP 558 (Sub-No. 12)
    DECISION FOUND THAT, IN 2008, THE RAILROAD INDUSTRY HAD AN AFTER-TAX COST OF CAPITAL OF 11.75%, BASED ON: (1) A CURRENT COST OF DEBT OF 6.57%; (2) A CURRENT COST OF COMMON EQUITY OF 13.17%; AND (3) A CAPITAL STRUCTURE MIX OF 21.54% DEBT AND 78.46% COMMON EQUITY.
  184. Letter
    225359Letter/Telegram · in EP 558 (Sub-No. 12)
    Association Of American Railroads
  185. Motion
    225342Motion/Petition/Request · in EP 558 (Sub-No. 12)
    Arkansas Electric Cooperative Corporation
  186. Reply
    225255Reply · in EP 558 (Sub-No. 12)
    Association Of American Railroads
  187. Comments
    225144Comment · in EP 558 (Sub-No. 12)
    Western Coal Traffic League
  188. Comments
    225142Comment · in EP 558 (Sub-No. 12)
    Arkansas Electric Cooperative Corporation
  189. Supplement
    225116Modify/Supplement Prior Filing Or The Record · in EP 558 (Sub-No. 12)
    Arkansas Electric Cooperative Corporation
  190. Workpapers
    224912Workpapers · in EP 558 (Sub-No. 12)
    Association Of American Railroads
  191. Comments
    224911Comment · in EP 558 (Sub-No. 12)
    Association Of American Railroads
  192. Notice
    224777Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 12)
    Teamsters Rail Conference
  193. Notice
    224711Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 12)
    Association Of American Railroads
  194. Notice
    224694Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 12)
    Arkansas Electric Cooperative Corporation
  195. Notice
    224654Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 12)
    Union Pacific Railroad Company
  196. Notice
    224642Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 12)
    Western Coal Traffic League
  197. Decision
    39753Entire Board · in EP 558 (Sub-No. 12)
    DECISION INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2008 AND SOUGHT COMMENTS ON: (1) THE RAILROADS' 2008 CURRENT COST OF DEBT CAPITAL; (2) THE RAILROADS' 2008 CURRENT COST OF PREFERRED EQUITY CAPITAL (IF ANY); (3) THE RAILROADS' 2008 COST OF COMMON EQUITY CAPITAL; AND (4) THE 2008 CAPITAL STRUCTURE MIX OF THE RAILROAD INDUSTRY ON A MARKET VALUE BASIS.
  198. Decision
    39276Entire Board · in EP 558 (Sub-No. 11)
    DECISION FOUND THAT, IN 2007, THE RAILROAD INDUSTRY HAD AN AFTER-TAX COST OF CAPITAL OF 11.33%, BASED ON: (1) A CURRENT COST OF DEBT OF 6.15%; (2) A CURRENT COST OF COMMON EQUITY OF 12.68%; AND (3) A CAPITAL STRUCTURE MIX OF 20.68% DEBT AND 79.32% COMMON EQUITY.
  199. Reply
    223011Reply · in EP 558 (Sub-No. 11)
    Association Of American Railroads
  200. Correction
    222665Correction · in EP 558 (Sub-No. 11)
    California Public Utilities Commission
  201. Reply
    222656Reply · in EP 558 (Sub-No. 11)
    Western Coal Traffic League
  202. Reply
    222653Reply · in EP 558 (Sub-No. 11)
    People Of The State Of California, California Public Utilities Commission
  203. Workpapers
    222440Workpapers · in EP 558 (Sub-No. 11)
    Association Of American Railroads
  204. Comments
    222439Comment · in EP 558 (Sub-No. 11)
    Association Of American Railroads
  205. Notice
    222286Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 11)
    Snavely King Majoros O'connor & Lee Inc
  206. Notice
    222283Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 11)
    United Transportation Union General Committee Of Adjustment (Go-386)
  207. Notice
    222281Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 11)
    Association Of American Railroads
  208. Notice
    222280Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 11)
    California Public Utilities Commission
  209. Notice
    222202Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 11)
    Western Coal Traffic League
  210. Decision
    38940Entire Board · in EP 558 (Sub-No. 11)
    DECISION INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2007. IN ADDITION, THE BOARD IS SEEKING COMMENTS ON: (1) THE RAILROADS' 2007 CURRENT COST OF DEBT CAPITAL; (2) THE RAILROADS' 2007 CURRENT COST OF PREFERRED EQUITY CAPITAL (IF ANY); (3) THE RAILROADS' 2007 COST OF COMMON EQUITY CAPITAL; AND (4) THE 2007 CAPITAL STRUCTURE MIX OF THE RAILROAD INDUSTRY ON A MARKET VALUE BASIS.
  211. Decision
    38919Entire Board · in EP 558 (Sub-No. 10)
    DECISION FOUND THAT, IN 2006, THE RAILROAD INDUSTRY HAD AN AFTER-TAX COST OF CAPITAL OF 9.94%, BASED ON: (1) A CURRENT COST OF DEBT OF 5.97%; (2) A CURRENT COST OF COMMON EQUITY OF 11.13%; AND (3) A CAPITAL STRUCTURE MIX OF 23.05% DEBT AND 76.95% COMMON EQUITY.
  212. Rebuttal
    221715Rebuttal · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  213. Reply
    221624Reply · in EP 558 (Sub-No. 10)
    Western Coal Traffic League
  214. Correction
    221541Correction · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  215. Statement
    221498Opening Statement · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  216. Decision
    38703Secretary · in EP 558 (Sub-No. 10)
    DECISION ESTABLISHED A PROCEDURAL SCHEDULE IN THIS PROCEEDING.
  217. Rebuttal
    220032Rebuttal · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  218. Reply
    219849Reply · in EP 558 (Sub-No. 10)
    Western Coal Traffic League
  219. Comments
    219621Comment · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  220. Notice
    219409Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 10)
    Snavely King Majoros O'connor & Lee Inc
  221. Notice
    219399Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 10)
    Association Of American Railroads
  222. Notice
    219391Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 10)
    Western Coal Traffic League
  223. Notice
    219375Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 10)
    Union Pacific Railroad Company
  224. Notice
    219351Notice Of Intent To Participate (With Comment) · in EP 558 (Sub-No. 10)
    John D. Fitzgerald
  225. Decision
    37915Entire Board · in EP 558 (Sub-No. 10)
    DECISION INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2006 AND REQUIRED COMMENTS FROM ALL CLASS I RAILROADS.
  226. Decision
    37848Secretary · in EP 558 (Sub-No. 9)
    PROVIDED NOTICE THAT COURT ACTION WAS INSTITUTED AS A RESULT OF THE BOARD'S DECISION IN THIS PROCEEDING.
  227. Decision
    37503Entire Board · in EP 558 (Sub-No. 9)
    DECISION DENIED WESTERN COAL TRAFFIC LEAGUE'S PETITION FOR RECONSIDERATION OF THE COST-OF CAPITAL DECISION FOR 2005.
  228. Reply
    217926Reply · in EP 558 (Sub-No. 9)
    Association Of American Railroads
  229. Motion
    217780Petition For Reconsideration · in EP 558 (Sub-No. 9)
    Western Coal Traffic League
  230. Decision
    37230Entire Board · in EP 558 (Sub-No. 9)
    UPDATED TO THE 2005 LEVEL OF THE BOARD'S COMPUTATION OF THE RAILROAD INDUSTRY'S COST-OF-CAPITAL RATE.
  231. Comments
    216583Comment · in EP 558 (Sub-No. 9)
    Association Of American Railroads
  232. Reply
    216429Reply · in EP 558 (Sub-No. 9)
    Western Coal Traffic League
  233. Statement
    216143Opening Statement · in EP 558 (Sub-No. 9)
    Association Of American Railroads
  234. Notice
    215633Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 9)
    Snavely King Majoros O'connor & Lee Inc
  235. Notice
    215611Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 9)
    Association Of American Railroads
  236. Notice
    215566Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 9)
    Union Pacific Railroad Company
  237. Notice
    215557Notice Of Intent To Participate (Without Comment) - Fax Copy · in EP 558 (Sub-No. 9)
    Union Pacific Railroad Company
  238. Notice
    215507Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 9)
    Western Coal Traffic League
  239. Decision
    36583Entire Board · in EP 558 (Sub-No. 9)
    DECISION INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2005 AND REQUIRED COMMENTS FROM ALL CLASS I RAILROADS.
  240. Decision
    36026Secretary · in EP 558 (Sub-No. 80)
    --
  241. Decision
    35830Entire Board · in EP 558 (Sub-No. 80)
    THE BOARD FOUND THAT, UPON REVIEW OF THE EVIDENCE TENDERED IN THIS PROCEEDING, THE RAILROAD INDUSTRY HAD A COMPOSITE AFTER-TAX COST-OF-CAPITAL OF 10.1%.
  242. Statement
    213619Opening Statement · in EP 558 (Sub-No. 80)
    Association Of American Railroads
  243. Notice
    213032Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 80)
    National Coal Transportation Association
  244. Notice
    213029Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 80)
    National Coal Transportation Association
  245. Notice
    212995Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 80)
    Western Coal Traffic League
  246. Notice
    212925Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 80)
    Association Of American Railroads
  247. Notice
    212874Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 80)
    Union Pacific Railroad Company
  248. Notice
    212863Notice Of Intent To Participate (Without Comment) - Fax Copy · in EP 558 (Sub-No. 80)
    Union Pacific Railroad Company
  249. Decision
    35407Entire Board · in EP 558 (Sub-No. 80)
    INSTITUTED THIS PROCEEDING, PURSUANT TO 49 U.S.C. 10704(a)(2), TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2004.
  250. Decision
    35342Secretary · in EP 558 (Sub-No. 80)
    ANNOUNCED THE AGENDA ITEMS TO BE DISCUSSED AT THE BOARD'S DECEMBER 13, 2004 VOTING CONFERENCE.
  251. Decision
    34659Entire Board · in EP 558 (Sub-No. 7)
    UPDATED, TO THE 2003 LEVEL, THE BOARD'S COMPUTATION OF THE RAILROAD INDUSTRY'S COST OF CAPITAL RATE.
  252. Decision
    34792Secretary · in EP 558 (Sub-No. 7)
    NOTICE THAT THE BOARD WILL CONDUCT A VOTING CONFERENCE ON TUESDAY, JUNE 22, 2004, AT 10 A.M.
  253. Statement
    210421Opening Statement · in EP 558 (Sub-No. 7)
    Association Of American Railroads
  254. Notice
    209909Notice Of Intent To Participate (With Comment) · in EP 558 (Sub-No. 7)
    Association Of American Railroads
  255. Notice
    209765Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 7)
    Union Pacific Railroad Company
  256. Notice
    209760Notice Of Intent To Participate (Without Comment) - Fax Copy · in EP 558 (Sub-No. 7)
    Union Pacific Railroad Company
  257. Decision
    34226Entire Board · in EP 558 (Sub-No. 7)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2003, SOLICITING COMMENTS ON: (A) THE RAILROADS' 2003 CURRENT COST OF DEBT CAPITAL; (B) THE RAILROADS' 2003 CURRENT COST OF PREFERRED STOCK EQUITY CAPITAL; (C) THE RAILROADS' 2003 COST OF COMMON STOCK EQUITY CAPITAL; AND (D) THE 2003 CAPITAL STRUCTURE MIX OF THE RAILROAD INDUSTRY ON A MARKET VALUE BASIS.
  258. Decision
    33682Entire Board · in EP 558 (Sub-No. 6)
    FOUND THAT, IN 2002, THE RAILROAD INDUSTRY HAD A COMPOSITE AFTER-TAX COST OF CAPITAL OF 9.8%, BASED ON: (1) A CURRENT COST OF DEBT OF 6.0%; (2) A CURRENT COST OF COMMON EQUITY CAPITAL OF 12.6%; (3) A COST OF PREFERRED EQUITY CAPITAL OF 6.3%; AND (4) A CAPITAL STRUCTURE MIX OF 41.2% DEBT, 56.7% COMMON EQUITY, AND 2.1% PREFERRED EQUITY CAPITAL.
  259. Notice
    207039Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 6)
    Association Of American Railroads
  260. Decision
    33186Entire Board · in EP 558 (Sub-No. 6)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2002.
  261. Decision
    32720Entire Board · in EP 558 (Sub-No. 5)
    FOUND THAT IN 2001, THE RAILROAD INDUSTRY HAD A COMPOSITE AFTER-TAX COST OF CAPITAL OF 10.2%, BASED ON: (1) A CURRENT COST OF DEBT OF 6.9%; (2) A CURRENT COST OF COMMON EQUITY CAPITAL OF 12.8%; (3) A COST OF PREFERRED EQUITY CAPITAL OF 6.3%; AND (4) A CAPITAL STRUCTURE MIX OF 41.8% DEBT, 56.0% COMMON EQUITY, AND 2.2% PREFERRED EQUITY CAPITAL.
  262. Comments
    205090Comment · in EP 558 (Sub-No. 5)
    Association Of American Railroads
  263. Notice
    204392Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 5)
    Association Of American Railroads
  264. Notice
    204339Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 5)
    Union Pacific Railroad Company
  265. Notice
    204337Notice Of Intent To Participate (Without Comment) · in EP 558 (Sub-No. 5)
    Union Pacific Railroad Company
  266. Decision
    32335Entire Board · in EP 558 (Sub-No. 5)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2001.
  267. Decision
    31625Entire Board · in EP 558 (Sub-No. 4)
    UPDATED THE COMPUTATION OF THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2000.
  268. Decision
    31541Secretary · in EP 558 (Sub-No. 4)
    NOTICE TO THE PARTIES CORRECTING THE DECIDED DATE.
  269. Decision
    31481Entire Board · in EP 558 (Sub-No. 4)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 2000.
  270. Decision
    31030Entire Board · in EP 558 (Sub-No. 3)
    (1) DISCONTINUED THE ABOVE PROCEEDING, AND (2) FOUND THAT IN 1999, THE RAILROAD INDUSTRY HAD A COMPOSITE AFTER-TAX COST OF CAPITAL OF 10.8%, BASED ON: (1) A CURRENT COST OF DEBT OF 7.2%; (2) A CURRENT COST OF COMMON EQUITY CAPITAL OF 12.9%; (3) A COST OF PREFERRED EQUITY CAPITAL OF 6.3%; AND (4) A CAPITAL STRUCTURE MIX OF 35.5% DEBT, 62.7% COMMON EQUITY, AND 1.8% PREFERRED EQUITY CAPITAL.
  271. Decision
    30643Entire Board · in EP 558 (Sub-No. 3)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 1999.
  272. Decision
    30214Entire Board · in EP 558 (Sub-No. 2)
    UPDATED COMPUTATION OF THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 19998.
  273. Decision
    30054Secretary · in EP 558 (Sub-No. 2)
    NOTICE TO THE PARTIES ISSUING COMPILED SERVICE LIST FROM NOTICES OF INTENT TO PARTICIPATE.
  274. Decision
    29914Secretary · in EP 558 (Sub-No. 2)
    NOTICE TO THE PARTIES CORRECTING A DECISION SERVED ON DECEMBER 29, 1998.
  275. Decision
    29799Entire Board · in EP 558 (Sub-No. 2)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 1998, AND SOLICITED COMMENTS FROM RAILROADS AND OTHER INTERESTED PERSON.
  276. Decision
    29385Entire Board · in EP 558 (Sub-No. 1)
    UPDATED THE RAILROAD INDUSTRY'S COST OF CAPITAL RATE FOR THE YEAR 1997, AND DISCONTINUED THIS PROCEEDING.
  277. Decision
    28506Entire Board · in EP 558 (Sub-No. 1)
    INSTITUTED A PROCEEDING TO DETERMINE THE RAILROAD INDUSTRY'S COST OF CAPITAL FOR 1997, SOLICITED COMMENTS AND ESTABLISHED A PROCEDURAL SCHEDULE.
  278. Decision
    21423Entire Board
    UPDATED, TO THE 1996 LEVEL, THE ESTIMATE OF THE RAILROAD INDUSTRY'S COST OF CAPITAL RATE, AND DISCONTINUED THIS PROCEEDING.