Week of 16 Jun 2003

Decisions served

1. 20 Jun 2003 FD 34311
   GRANTED AK STEEL CORPORATION'S REQUEST TO WITHDRAW ITS PETITION TO REVOKE FILED ON 4/9/03.

   Secretary · UNITED STATES STEEL CORPORATION--ACQUISITION OF CONTROL EXEMPTION--DELRAY CONNECTING RAILROAD COMPANY · decision 33725
2. 20 Jun 2003 EP 290 (Sub-No. 5)
   APPROVED THE THIRD QUARTER 2003 RAIL COST ADJUSTMENT FACTOR (RCAF) (UNADJUSTED) OF 1.020; RCAF (ADJUSTED) OF 0.519; AND RCAF-5 OF 0.497, AS SUBMITTED BY THE ASSOCIATION OF AMERICAN RAILROADS.

   Entire Board · QUARTERLY RAIL COST ADJUSTMENT FACTOR · decision 33673
3. 20 Jun 2003 AB 156 (Sub-No. 23X)
   CONCLUDED THAT AN ENVIRONMENTAL IMPACT STATEMENT PROCESS IS UNNECESSARY AND INVITED PUBLIC COMMENT REGARDING THE ENVIRONMENTAL ASSESSMENT.

   Chief Of Section Of Environmental Analysis · DELAWARE AND HUDSON RAILWAY COMPANY, INC. D/B/A CANADIAN PACIFIC RAILWAY COMPANY--ABANDONMENT EXEMPTION--IN ALBANY COUNTY, NY · decision 33653
4. 20 Jun 2003 AB 468 (Sub-No. 5X)
   (1) GRANTED BORAL BRICKS INC.'S MOTION TO STRIKE; (2) ACCEPTED THE CITY OF PADUCAH, KY'S LATE-FILED REQUEST FOR ISSUANCE OF A NITU AND FOR IMPOSITION OF A PUBLIC USE CONDITION; AND (3) GRANTED A PETITION FOR EXEMPTION UNDER 49 U.S.C. 10502 FROM THE PRIOR APPROVAL REQUIREMENTS OF 49 U.S.C. 10903 FOR PADUCAH & LOUISVILLE RAILWAY, INC., TO ABANDON APPROXIMATELY 5,780 FEET OF RAIL LINE IN THE CITY OF PADUCAH, MCCRACKEN COUNTY, KY, SUBJECT TO PUBLIC USE, TRAIL USE, HISTORIC PRESERVATION, ENVIRONMENTAL, AND STANDARD EMPLOYEE PROTECTIVE CONDITIONS.

   Entire Board · PADUCAH & LOUISVILLE RAILWAY, INC.--ABANDONMENT EXEMPTION--IN MCCRACKEN COUNTY, KY · decision 33484
5. 19 Jun 2003 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.

   Entire Board · RAILROAD COST OF CAPTIAL - 2002 · decision 33682
6. 19 Jun 2003 AB 565 (Sub-No. 10X)
   GRANTED CSX TRANSPORTATION, INC.'S REQUEST FOR AN EXTENSION OF THE NITU NEGOTIATION PERIOD UNTIL JANUARY 23, 2004 AND ITS REQUEST FOR AN EXTENSION OF TIME TO EXERCISE ABANDONMENT AUTHORITY TO ON OR BEFORE MARCH 23, 2004.

   Director Of Proceedings · NEW YORK CENTRAL LINES, LLC--ABANDONMENT EXEMPTION--IN WORCESTER COUNTY, MA · decision 33644
7. 18 Jun 2003 AB 33 (Sub-No. 163X)
   EXTENDED THE OFFER OF FINANCIAL ASSISTANCE FILING DEADLINE TO 6/23/03, AND POSTPONED THE EFFECTIVE DATE OF THE EXEMPTION UNTIL 7/3/03.

   Director Of Proceedings · UNION PACIFIC RAILROAD COMPANY--ABANDONMENT EXEMPTION--IN LAMAR AND FANNIN COUNTIES, TX · decision 33735
8. 18 Jun 2003 AB 55 (Sub-No. 614X)
   GRANTED CSXT'S REQUEST FOR AN EXTENSION OF THE NITU NEGOTIATING PERIOD UNTIL JANUARY 9, 2004, AND ITS REQUEST FOR AN EXTENSION OF TIME TO EXERCISE ABANDONMENT AUTHORITY TO ON OR BEFORE MARCH 9, 2004.

   Director Of Proceedings · CSX TRANSPORTATION, INC.--ABANDONMENT EXEMPTION--IN RICHMOND COUNTY, GA · decision 33680
9. 17 Jun 2003 AB 55 (Sub-No. 632X)
   ABANDONMENT OF THE INVOLVED RAIL LINE WILL HAVE NO SIGNIFICANT EFFECT ON THE QUALITY OF THE HUMAN ENVIRONMENT AND CONSERVATION OF ENERGY RESOURCES OR ON HISTORIC RESOURCES.

   Director Of Proceedings · CSX TRANSPORTATION, INC.--ABANDONMENT EXEMPTION--IN LEE COUNTY, NC · decision 33716
10. 17 Jun 2003 FD 34323
    NOTICE THAT ALABAMA GULF COAST RAILWAY LLC FILED A VERIFIED NOTICE OF EXEMPTION UNDER 49 CFR 1150.41 TO ACQUIRE FROM THE BURLINGTON NORTHERN AND SANTA FE RAILWAY COMPANY APPROXIMATELY 288.43 MILES OF RAIL LINE IN ALABAMA AND MISSISSIPPI.

    Director Of Proceedings · ALABAMA GULF COAST RAILWAY LLC--ACQUISITION AND OPERATION EXEMPTION--THE BURLINGTON NORTHERN AND SANTA FE RAILWAY COMPANY · decision 33646
11. 16 Jun 2003 AB 33 (Sub-No. 201X)
    NOTICE THAT UNION PACIFIC RAILROAD COMPANY FILED A PETITION UNDER 49 U.S.C. 10502 FOR EXEMPTION FROM THE PROVISIONS OF 49 U.S.C. 10903 TO ABANDON A 7.84-MILE LINE OF RAILROAD, IN THE WESTERN PORTION OF THE BRISTOW SUBDIVISION, EXTENDING FROM MILEPOST 318.66, NEAR HAMPTON, TO MILEPOST 326.50, NEAR COULTER, IN FRANKLIN COUNTY, IA.

    Director Of Proceedings · UNION PACIFIC RAILROAD COMPANY--ABANDONMENT EXEMPTION--IN FRANKLIN COUNTY, IA · decision 33649
12. 16 Jun 2003 AB 6 (Sub-No. 396X)
    GRANTED BNSF'S AND THE CITY OF OTTAWA'S REQUEST TO EXTEND THE NITU NEGOTIATING PERIOD TO DECEMBER 21, 2003.

    Director Of Proceedings · THE BURLINGTON NORTHERN AND SANTA FE RAILWAY COMPANY--ABANDONMENT EXEMPTION--IN FRANKLIN COUNTY, KS · decision 33645
13. 16 Jun 2003 AB 156 (Sub-No. 23X)
    NOTICE THAT D&H HAS FILED A NOTICE OF EXEMPTION TO ABANDON A 9.14 +/-MILE PORTION OF RAILROAD KNOWN AS THE ALBANY MAIN OR THE VOORHEESVILLE RUNNING TRACK, BETWEEN MILEPOST 10.94 +/- AND MILEPOST 1.8 +/- IN ALBANY COUNTY, NY.

    Director Of Proceedings · DELAWARE AND HUDSON RAILWAY COMPANY, INC. D/B/A CANADIAN PACIFIC RAILWAY COMPANY--ABANDONMENT EXEMPTION--IN ALBANY COUNTY, NY · decision 33642