Indexing the Annual Operating Revenues of Railroads, 21007 [2013-07998]

Download as PDF Federal Register / Vol. 78, No. 67 / Monday, April 8, 2013 / Notices DEPARTMENT OF TRANSPORTATION Information Relay Service (FIRS) for the hearing impaired: 1–800–877–8339] Surface Transportation Board By the Board, William F. Huneke, Director, Office of Economics. Jeffrey Herzig, Clearance Clerk. Indexing the Annual Operating Revenues of Railroads The Surface Transportation Board (STB) is publishing the annual inflationadjusted index factors for 2012. These factors are used by the railroads to adjust their gross annual operating revenues for classification purposes. This indexing methodology insures that railroads are classified based on real business expansion and not from the affects of inflation. Classification is important because it determines the extent to which individual railroads must comply with STB reporting requirements. The STB’s annual inflation-adjusted factors are based on the annual average Railroad’s Freight Price Index which is developed by the Bureau of Labor Statistics (BLS). The STB’s deflator factor is used to deflate revenues for comparison with established revenue thresholds. The base year for railroads is 1991. The inflation index factors are presented as follows: STB RAILROAD INFLATION-ADJUSTED INDEX AND DEFLATOR FACTOR TABLE Year mstockstill on DSK4VPTVN1PROD with NOTICES 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Index .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... .......................... Deflator 409.50 411.80 415.50 418.80 418.17 417.46 419.67 424.54 423.01 428.64 436.48 445.03 454.33 473.41 522.41 567.34 588.30 656.78 619.73 652.29 708.80 740.61 1 100.00 99.45 98.55 97.70 97.85 98.02 97.50 96.38 96.72 95.45 93.73 91.92 90.03 86.40 78.29 72.09 69.52 62.28 66.00 62.71 57.71 55.23 1 Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central Ltd., Joint Petition for Rulemaking With Respect to 49 CFR 1201, 8 I.C.C. 2d 625 (1992), raised the revenue classification level for Class I railroads from $50 million (1978 dollars) to $250 million (1991 dollars), effective for the reporting year beginning January 1, 1992. The Class II threshold was also raised from $10 million (1978 dollars) to $20 million (1991 dollars). Effective Date: January 1, 2012. For Further Information Contact: Paul Aguiar 202–245–0323. [Federal VerDate Mar<15>2010 20:02 Apr 05, 2013 Jkt 229001 [FR Doc. 2013–07998 Filed 4–5–13; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to Executive Order 13348 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of 12 individuals whose property and interests in property have been unblocked pursuant to Executive Order 13348 of July 22, 2004, ‘‘Blocking Property of Certain Persons and Prohibiting the Importation of Certain Goods from Liberia.’’ DATES: The unblocking and removal from the list of Specially Designated Nationals and Blocked Persons by the Secretary of the Treasury of the 12 individuals identified in this notice whose property and interests in property were blocked pursuant to Executive Order 13348 of July 22, 2004, is effective April 2, 2013. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, 1500 Pennsylvania Avenue NW (Treasury Annex) Washington, DC 20220, Tel.: 202/622– 2490. SUMMARY: SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability Information about this document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) or via facsimile through a 24-hour fax-ondemand service, Tel.: 202/622–0077. Background On July 22, 2004, President Bush issued Executive Order 13348 (‘‘the order’’ or ‘‘EO 13348’’), finding that the actions and policies of former Liberian President Charles Taylor and other persons, in particular their unlawful depletion of Liberian resources and their removal from Liberia, and PO 00000 Frm 00125 Fmt 4703 Sfmt 4703 21007 secreting of Liberian funds and property, undermined Liberia’s transition to democracy, the orderly development of Liberia’s political, administrative, and economic institutions and resources, and fueled and exacerbated other conflicts throughout West Africa. The President found that the actions, policies, and circumstances described above constituted an unusual and extraordinary threat to the foreign policy of the United States and declared a national emergency to deal with that threat. The order included 28 persons in the Annex, which resulted in the blocking of all property or interests in property of these persons that was or thereafter came within the United States or the possession or control of U.S. persons. The order authorizes the Secretary of the Treasury, in consultation with the Secretary of State, to designate additional persons or entities determined to meet certain criteria set forth in EO 13348. The order also authorizes the Secretary of the Treasury, in consultation with the Secretary of State, to determine that circumstances no longer warrant the inclusion of a person in the Annex to EO 13348 and to unblock any property or interests in property that had been blocked as a result of the person’s inclusion in the Annex. On April 2, 2013, the Deputy Director of OFAC, on behalf of the Director of OFAC, removed from the list of Specially Designated Nationals and Blocked Persons the twelve individuals listed below, whose property and interests in property were blocked pursuant to the order. 1. ALLEN, Cyril; DOB 26 Jul 1952; Former Chairman, National Patriotic Party of Liberia; nationality Liberia; alt. nationality Nigerian (individual) [LIBERIA]. 2. COOPER, Randolph; DOB 28 Oct 1950; Former Managing Director, Roberts International Airport (individual) [LIBERIA]. 3. DUNBAR, Belle Y.; DOB 27 Oct 1967; alt. DOB 27 Oct 1963; Former Managing Director, Liberian Petroleum Refining Company (individual) [LIBERIA]. 4. GIBSON, Myrtle; DOB 03 Nov 1952; Former Liberian Senator; advisor to former President of Liberia Charles Taylor (individual) [LIBERIA]. 5. GOODRIDGE, Reginald B. (a.k.a. GOODRICH, Reginald B. (Senior)); DOB 11 Nov 1952; Sr.; Former Minister for Culture, Information, Tourism of Liberia (individual) [LIBERIA]. E:\FR\FM\08APN1.SGM 08APN1

Agencies

[Federal Register Volume 78, Number 67 (Monday, April 8, 2013)]
[Notices]
[Page 21007]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-07998]



[[Page 21007]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board


Indexing the Annual Operating Revenues of Railroads

    The Surface Transportation Board (STB) is publishing the annual 
inflation-adjusted index factors for 2012. These factors are used by 
the railroads to adjust their gross annual operating revenues for 
classification purposes. This indexing methodology insures that 
railroads are classified based on real business expansion and not from 
the affects of inflation. Classification is important because it 
determines the extent to which individual railroads must comply with 
STB reporting requirements.
    The STB's annual inflation-adjusted factors are based on the annual 
average Railroad's Freight Price Index which is developed by the Bureau 
of Labor Statistics (BLS). The STB's deflator factor is used to deflate 
revenues for comparison with established revenue thresholds.
    The base year for railroads is 1991. The inflation index factors 
are presented as follows:

     STB Railroad Inflation-Adjusted Index and Deflator Factor Table
------------------------------------------------------------------------
                       Year                           Index     Deflator
------------------------------------------------------------------------
1991..............................................     409.50        \1\
                                                                  100.00
1992..............................................     411.80      99.45
1993..............................................     415.50      98.55
1994..............................................     418.80      97.70
1995..............................................     418.17      97.85
1996..............................................     417.46      98.02
1997..............................................     419.67      97.50
1998..............................................     424.54      96.38
1999..............................................     423.01      96.72
2000..............................................     428.64      95.45
2001..............................................     436.48      93.73
2002..............................................     445.03      91.92
2003..............................................     454.33      90.03
2004..............................................     473.41      86.40
2005..............................................     522.41      78.29
2006..............................................     567.34      72.09
2007..............................................     588.30      69.52
2008..............................................     656.78      62.28
2009..............................................     619.73      66.00
2010..............................................     652.29      62.71
2011..............................................     708.80      57.71
2012..............................................     740.61      55.23
------------------------------------------------------------------------
\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central
  Ltd., Joint Petition for Rulemaking With Respect to 49 CFR 1201, 8
  I.C.C. 2d 625 (1992), raised the revenue classification level for
  Class I railroads from $50 million (1978 dollars) to $250 million
  (1991 dollars), effective for the reporting year beginning January 1,
  1992. The Class II threshold was also raised from $10 million (1978
  dollars) to $20 million (1991 dollars).

    Effective Date: January 1, 2012.
    For Further Information Contact: Paul Aguiar 202-245-0323. [Federal 
Information Relay Service (FIRS) for the hearing impaired: 1-800-877-
8339]

    By the Board, William F. Huneke, Director, Office of Economics.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013-07998 Filed 4-5-13; 8:45 am]
BILLING CODE 4915-01-P