Decision 44702
Served (printed as 9/8/2015) · Decision · Entire Board
PROVIDED NOTICE THAT FOUR CLASS I RAILROADS (BNSF RAILWAY COMPANY, GRAND TRUNK CORPORATION, NORFOLK SOUTHERN COMBINED RAILROAD SUBSIDIARIES, AND UNION PACIFIC RAILROAD COMPANY) ARE REVENUE ADEQUATE FOR THE YEAR 2014, MEANING THAT FOUR 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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