Decision 39381
Served (printed as 9/22/2008) · Decision · Entire Board
DECISION APPROVED THE FOURTH QUARTER 2008 RAIL COST ADJUSTMENT FACTOR (UNADJUSTED) OF 1.199, RCAF (ADJUSTED) OF 0.550, AND RCAF-5 OF 0.520 AS SUBMITTED BY THE ASSOCIATION OF AMERICAN RAILROADS (AAR). THE MATERIALS & SUPPLIES INDEX JUMPED 10.5%, THE LARGEST INCREASE SINCE THE THIRD QUARTER OF 1991. THE SIZE OF THE INCREASE WAS CAUSED BY A 13% AVERAGE INCREASE IN PRICES FOR METAL PRODUCTS, AND MUCH OF THAT CAN BE ATTRIBUTED TO PRICES FOR RAIL. PRICES FOR MISCELLANEOUS PRODUCTS, LED BY BALLAST AND LOCOMOTIVE LUBE OIL, INCREASED BY 7.4%. PRICES FOR FOREST PRODUCTS, WHICH IS NEARLY ALL CROSSTIES, INCREASED 5.1%.
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