Decision 43500
Served (printed as 1/2/2014) · Decision · Entire Board
DECISION FINDS THAT THREE CLASS I RAILROADS (BNSF RAILWAY COMPANY, NORFOLK SOUTHERN COMBINED RAILROAD SUBSIDIARIES, AND UNION PACIFIC RAILROAD COMPANY) WERE REVENUE ADEQUATE FOR THE YEAR 2012, MEANING THAT THREE OF THE CLASS I RAILROADS ACHIEVED A RATE OF RETURN EQUAL TO OR GREATER THAN THE BOARD'S CALCULATION OF THE AVERAGE COST OF CAPITAL TO THE FREIGHT RAIL INDUSTRY.
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