Indexing the Annual Operating Revenues of Railroads, 27829-27830 [2019-12562]
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Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Notices
quitclaim deed on October 13, 2017.
Second, ABI states that it and NSR
entered into a trail use agreement for the
Line on October 13, 2017, which sets
out the terms and conditions for ABI’s
acquisition of NSR’s freight reactivation
rights on the Line. ABI states that the
transactions between ABI and NSR that
are the subject of this proceeding will
complete the transfer of all of NSR’s
ownership rights and responsibilities in
the Line to ABI.1
ABI certifies that its projected annual
revenues as a result of this transaction
will not exceed those that would qualify
it as a Class III rail carrier. ABI further
certifies that the proposed transaction
does not involve a provision or
agreement that would limit future
interchange with a third-party
connecting carrier.
The transaction may be consummated
on or after June 28, 2019, the effective
date of the exemption (30 days after the
verified notice was filed).
If the verified notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions to stay must be
filed no later than June 21, 2019 (at least
seven days before the exemption
becomes effective).
All pleadings, referring to Docket No.
FD 36286, must be filed with the
Surface Transportation Board either via
e-filing or in writing addressed to 395 E
Street SW, Washington, DC 20423–0001.
In addition, a copy of each pleading
must be served on ABI’s representatives,
Charles A. Spitulnik and Allison I.
Fultz, Kaplan Kirsch & Rockwell LLP,
1634 I (Eye) Street NW, Suite 300,
Washington, DC 20006.
According to ABI, this action is
categorically excluded from
environmental reporting requirements
under 49 CFR 1105.6(c), and from
historic preservation reporting
requirements under 49 CFR
1105.8(b)(1).
Board decisions and notices are
available at www.stb.gov.
comparison with established revenue
thresholds.
The base year for railroads is 1991.
The inflation-adjusted indexes and
deflator factors are presented as follows:
Decided: June 11, 2019.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
[FR Doc. 2019–12619 Filed 6–13–19; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. EP 748]
Indexing the Annual Operating
Revenues of Railroads
The Surface Transportation Board
(Board or STB) is publishing the annual
inflation-adjusted index and deflator
factors for 2018. The deflator factors are
used by the railroads to adjust their
gross annual operating revenues for
classification purposes. This indexing
methodology ensures that railroads are
classified based on real business
expansion and not on the effects of
inflation. Classification is important
because it determines the extent to
which individual railroads must comply
with the Board’s reporting requirements.
The Board’s deflator factors are based
on the annual average Railroad’s Freight
Price Index developed by the Bureau of
Labor Statistics. The Board’s deflator
factor is used to deflate revenues for
RAILROAD INFLATION-ADJUSTED INDEX
AND DEFLATOR FACTOR TABLE
Year
..................
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..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
..................
Index
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
764.19
778.41
749.22
732.38
758.95
801.61
Deflator
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
53.53
52.55
54.60
55.85
53.90
51.03
Application of the annual deflator
factors results in the following annual
revenue thresholds:
RAILROAD REVENUE THRESHOLDS
Year
2014
2015
2016
2017
2018
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
The inflation-adjusted indexes
and deflator factors are effective January
1, 2018.
FOR FURTHER INFORMATION CONTACT:
1 ABI states that it acquired the real estate
interests in the portion of the Line from milepost
DF 632.42 to DF 633.10 in 2008. The Board
previously determined that, in accordance with the
principles set out in Maine, Department of
Transportation—Acquisition & Operation
Exemption—Maine Central Railroad, 8 I.C.C.2d 835
(1991), this acquisition of the right-of-way between
mileposts DF 632.42 and 633.10 did not require
Board authority. See Atlanta Dev. Auth.—Verified
Pet. for a Declaratory Order, FD 35991, slip op. at
3, 5–6 (STB served May 26, 2017).
1 In Montana Rail Link, Inc., & Wisconsin Central
Ltd., Joint Petition for Rulemaking with Respect to
49 CFR Part 1201, 8 I.C.C.2d 625 (1992), the Board’s
DATES:
jbell on DSK3GLQ082PROD with NOTICES
Factor
VerDate Sep<11>2014
17:04 Jun 13, 2019
Jkt 247001
Pedro Ramirez at (202) 245–0333.
Assistance for the hearing impaired is
available through the Federal Relay
PO 00000
Frm 00080
Fmt 4703
Sfmt 4703
0.5255
0.5460
0.5585
0.5390
0.5103
Class I
475,754,803
457,913,998
447,621,226
463,860,933
489,935,956
Class II
38,060,384
36,633,120
35,809,698
37,108,875
39,194,876
Service at (800) 877–8339. Board
decisions and notices are available at
www.stb.gov.
predecessor, the Interstate Commerce Commission,
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).
E:\FR\FM\14JNN1.SGM
14JNN1
27830
Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Notices
By the Board, Dr. William J. Brennan,
Director, Office of Economics.
Kenyatta Clay,
Clerance Clerk.
[FR Doc. 2019–12562 Filed 6–13–19; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36310]
jbell on DSK3GLQ082PROD with NOTICES
Kansas & Oklahoma Railroad, LLC—
Operation Exemption—Colorado
Pacific Railroad, LLC
Kansas & Oklahoma Railroad, LLC
(K&O), a Class III rail carrier, has filed
a verified notice of exemption under 49
CFR 1150.41 to permit K&O to operate
approximately 121.9 miles of rail line
(the Line) between milepost 747.5 near
Towner, Colo., and milepost 869.4 near
NA Junction, Colo., pursuant to an
agreement with Colorado Pacific
Railroad, LLC (CPR).
K&O states that it is a wholly owned
subsidiary of Watco Holdings, Inc., and
that CPR, a subsidiary of KCVN, LLC, is
the current owner of the Line. See
KCVN, LLC—Feeder Line Application—
Line of V & S Ry., Located in Crowley,
Pueblo, Otero, & Kiowa Ctys., Colo., FD
36005 (STB served Dec. 18, 2017).
According to K&O, there has been no
traffic on the Line since 2012.
K&O states that it has entered into an
Operating Agreement with CPR. K&O
further states that the agreement
between K&O and CPR does not contain
any provision that prohibits K&O from
interchanging traffic with a third party
or limits K&O’s ability to interchange
with a third party.
K&O certifies that its projected annual
revenues as a result of this transaction
will not result in K&O’s becoming a
Class II or Class I rail carrier, but its
projected annual revenues will exceed
$5 million. Pursuant to 49 CFR
1150.42(e), if a carrier’s projected
annual revenues will exceed $5 million,
it must, at least 60 days before the
exemption becomes effective, post a
notice of its intent to undertake the
proposed transaction at the workplace
of the employees on the affected lines,
serve a copy of the notice on the
national offices of the labor unions with
employees on the affected lines, and
certify to the Board that it has done so.
Concurrently with its verified notice,
however, K&O filed a petition for waiver
of the labor notice requirements. K&O’s
waiver request will be addressed in a
separate decision.
K&O states that it expects to
consummate the transaction on or
sometime after the effective date of the
exemption. The Board will establish the
VerDate Sep<11>2014
17:04 Jun 13, 2019
Jkt 247001
effective date in its separate decision on
the waiver request.
If the notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions for stay must
be filed no later than June 21, 2019.
All pleadings, referring to Docket No.
FD 36310, must be filed with the
Surface Transportation Board either via
e-filing or in writing addressed to 395 E
Street SW, Washington, DC 20423–0001.
In addition, a copy of each pleading
must be served on K&O’s representative,
Karl Morell, Karl Morell & Associates,
440 1st Street NW, Suite 440,
Washington, DC 20001.
According to K&O, this action is
categorically excluded from
environmental review under 49 CFR
1105.6(c) and from historic preservation
reporting requirements under 49 CFR
1105.8(b)(1).
Board decisions and notices are
available at www.stb.gov.
Decided: June 10, 2019.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Regena Smith-Bernard,
Clearance Clerk.
[FR Doc. 2019–12588 Filed 6–13–19; 8:45 am]
BILLING CODE 4915–01–P
OFFICE OF THE UNITED STATES
TRADE REPRESENTATIVE
[Docket No. USTR–2019–0001]
Generalized System of Preferences
(GSP): Notice Regarding the 2019 GSP
Annual Product Review
Office of the United States
Trade Representative.
ACTION: Notice of hearing and requests
to testify and for public comments.
AGENCY:
The Office of the United
States Trade Representative (USTR) has
accepted petitions submitted in
connection with the 2019 GSP Annual
Product Review for further review. This
notice includes the schedule for
submission of public comments and the
date of a public hearing to review these
petitions and products by the GSP
Subcommittee of the Trade Policy Staff
Committee (TPSC).
DATES:
June 26, 2019 at midnight EDT:
Deadline for submission of comments,
pre-hearing briefs, and requests to
appear at the GSP Subcommittee Public
SUMMARY:
PO 00000
Frm 00081
Fmt 4703
Sfmt 4703
Hearing on the 2019 GSP Annual
Product Review.
July 2, 2019 at 1:30 p.m. EDT: The
GSP Subcommittee will convene a
public hearing on all petitioned product
additions, product removals, and
competitive needs limitation (CNL)
waiver petitions that it accepted for the
2019 GSP Annual Product Review. The
hearing will be in Rooms 1 and 2, 1724
F Street NW, Washington, DC 20508,
beginning at 1:30 p.m.
August 15, 2019 at midnight EDT:
Deadline for submission of post-hearing
comments or briefs in connection with
the GSP Subcommittee Public Hearing.
September 7, 2019: USTR expects that
the U.S. International Trade
Commission (USITC) will deliver a
report to USTR providing advice on the
probable economic effects of adding
products to GSP eligibility, removing
products from GSP eligibility, and
granting CNL waiver petitions during
the 2019 GSP Annual Product Review.
Interested parties can post comments on
the USITC report on
www.regulations.gov using Docket
Number USTR–2019–0001 (instructions
for submissions are provided below).
Comments are due ten calendar days
after the publication date of the USITC’s
public report.
November 1, 2019: Effective date for
any modifications that the President
proclaims to the list of articles eligible
for duty-free treatment under GSP
resulting from the 2019 GSP Annual
Product Review and for determinations
related to CNL waivers.
ADDRESSES: USTR strongly prefers
electronic submissions made through
the Federal Rulemaking Portal: https://
www.regulations.gov, using docket
number USTR–2019–0001. Follow the
instructions for submitting comments in
‘‘Requirements for Submissions’’ below.
For alternatives to on-line submissions,
please contact Yvonne Jamison at (202)
395–3475.
FOR FURTHER INFORMATION CONTACT:
Erland Herfindahl, Deputy Assistant
USTR for GSP, 1724 F Street NW,
Washington, DC 20508. The telephone
number is (202) 395–2974 and the email
address is gsp@ustr.eop.gov.
SUPPLEMENTARY INFORMATION:
A. Background
The GSP program provides for the
duty-free importation of designated
articles when imported from designated
beneficiary developing countries. The
GSP program is authorized by Title V of
the Trade Act of 1974 (19 U.S.C. 2461–
2467), as amended, and is implemented
in accordance with Executive Order
11888 of November 24, 1975, as
E:\FR\FM\14JNN1.SGM
14JNN1
]]>Agencies
[Federal Register Volume 84, Number 115 (Friday, June 14, 2019)]
[Notices]
[Pages 27829-27830]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-12562]
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 748]
Indexing the Annual Operating Revenues of Railroads
The Surface Transportation Board (Board or STB) is publishing the
annual inflation-adjusted index and deflator factors for 2018. The
deflator factors are used by the railroads to adjust their gross annual
operating revenues for classification purposes. This indexing
methodology ensures that railroads are classified based on real
business expansion and not on the effects of inflation. Classification
is important because it determines the extent to which individual
railroads must comply with the Board's reporting requirements.
The Board's deflator factors are based on the annual average
Railroad's Freight Price Index developed by the Bureau of Labor
Statistics. The Board's deflator factor is used to deflate revenues for
comparison with established revenue thresholds.
The base year for railroads is 1991. The inflation-adjusted indexes
and deflator factors are presented as follows:
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
2013.......................................... 764.19 53.53
2014.......................................... 778.41 52.55
2015.......................................... 749.22 54.60
2016.......................................... 732.38 55.85
2017.......................................... 758.95 53.90
2018.......................................... 801.61 51.03
------------------------------------------------------------------------
Application of the annual deflator factors results in the following
annual revenue thresholds:
---------------------------------------------------------------------------
\1\ In Montana Rail Link, Inc., & Wisconsin Central Ltd., Joint
Petition for Rulemaking with Respect to 49 CFR Part 1201, 8 I.C.C.2d
625 (1992), the Board's predecessor, the Interstate Commerce
Commission, 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).
Railroad Revenue Thresholds
------------------------------------------------------------------------
Year Factor Class I Class II
------------------------------------------------------------------------
2014........................... 0.5255 475,754,803 38,060,384
2015........................... 0.5460 457,913,998 36,633,120
2016........................... 0.5585 447,621,226 35,809,698
2017........................... 0.5390 463,860,933 37,108,875
2018........................... 0.5103 489,935,956 39,194,876
------------------------------------------------------------------------
DATES: The inflation-adjusted indexes and deflator factors are
effective January 1, 2018.
FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245-0333.
Assistance for the hearing impaired is available through the Federal
Relay Service at (800) 877-8339. Board decisions and notices are
available at www.stb.gov.
[[Page 27830]]
By the Board, Dr. William J. Brennan, Director, Office of
Economics.
Kenyatta Clay,
Clerance Clerk.
[FR Doc. 2019-12562 Filed 6-13-19; 8:45 am]
BILLING CODE 4915-01-P
