Decision 39610
Served (printed as 12/22/2008) · Decision · Entire Board
DECISION APPROVED THE FIRST QUARTER 2009 RAIL COST ADJUSTMENT FACTOR (UNADJUSTED) OF 1.022, RCAF (ADJUSTED) OF 0.467, AND RCAF-5 OF 0.442 AS SUBMITTED BY THE ASSOCIATION OF AMERICAN RAILROADS (AAR). IN ADDITION, THIS DECISION FOUND THAT AAR COMPLIED WITH THE PRESCRIBED METHOD. LOCOMOTIVE DIESEL FUEL PRICES FOLLOWED A PATTERN SIMILAR TO CRUDE OIL, FALLING 34% FROM JULY TO OCTOBER. RAILROADS BELIEVE PRICES FOR JANUARY 2009 (Q1) WILL BE 44% BELOW THE FOURTH QUARTER FORECAST.
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