Indexing the Annual Operating Revenues of Railroads, 35494 [2020-12501]
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35494
Federal Register / Vol. 85, No. 112 / Wednesday, June 10, 2020 / Notices
Surface Transportation Board, 395 E
Street SW, Washington, DC 20423–0001.
A copy of any petition filed with the
Board should be sent to the City’s
representative, Brent Dille, Dille Law,
PLLC, 2010 Caton Way SW, Suite 101,
Olympia, WA 98502.
If the verified notice contains false or
misleading information, the exemption
is void ab initio.
The City has filed a combined
environmental and historic report that
addresses the potential effects, if any, of
the abandonment on the environment
and historic resources. OEA will issue a
Draft Environmental Assessment (EA)
by June 15, 2020. The Draft EA will be
available to interested persons on the
Board’s website, by writing to OEA, or
by calling OEA at (202) 245–0305.
Assistance for the hearing impaired is
available through the Federal Relay
Service at (800) 877–8339. Comments
on environmental and historic
preservation matters must be filed
within 15 days after the Draft EA
becomes available to the public.
Environmental, historic preservation,
public use, or interim trail use/rail
banking conditions will be imposed,
where appropriate, in a subsequent
decision.
Pursuant to the provisions of 49 CFR
1152.29(e)(2), the City shall file a notice
of consummation with the Board to
signify that it has exercised the
authority granted and fully abandoned
the Line. If consummation has not been
effected by the City’s filing of a notice
of consummation by June 10, 2021, and
there are no legal or regulatory barriers
to consummation, the authority to
abandon will automatically expire.
Board decisions and notices are
available at www.stb.gov.
The base year for railroads is 1991.
The inflation-adjusted indexes and
deflator factors are presented as follows:
Decided: June 4, 2020.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Eden Besera,
Clearance Clerk.
RAILROAD INFLATION-ADJUSTED INDEX
AND DEFLATOR FACTOR TABLE
[FR Doc. 2020–12504 Filed 6–9–20; 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 (the
Board) is publishing the annual
inflation-adjusted index and deflator
factors for 2019. 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 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.
Year
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
2019
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Index
Deflator
1 100.00
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
825.94
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
49.52
Application of the annual deflator
factors results in the following annual
revenue thresholds:
RAILROAD REVENUE THRESHOLDS
Year
2015
2016
2017
2018
2019
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
.....................................................................................................................................................
The inflation-adjusted indexes
and deflator factors are effective January
1, 2019.
DATES:
FOR FURTHER INFORMATION CONTACT:
jbell on DSKJLSW7X2PROD with NOTICES
Factor
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.
[FR Doc. 2020–12501 Filed 6–9–20; 8:45 am]
BILLING CODE 4915–01–P
17:06 Jun 09, 2020
Jkt 250001
457,913,998
447,621,226
463,860,933
489,935,956
504,803,294
Class II
36,633,120
35,809,698
37,108,875
39,194,876
40,384,263
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Summary Notice No.—2020–45]
Petition for Exemption; Summary of
Petition Received; Airlines for America
Federal Aviation
Administration (FAA), Department of
Transportation (DOT).
AGENCY:
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
VerDate Sep<11>2014
Decided: June 4, 2020.
By the Board, Dr. William J. Brennan,
Director, Office of Economics.
Kenyatta Clay,
Clearance Clerk.
0.5460
0.5585
0.5390
0.5103
0.4952
Class I
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). On May 14,
2020, the Board opened a rulemaking proceeding
and invited comment on issues related to the Class
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
I carrier revenue threshold determination in
response to a petition for rulemaking. Mont. Rail
Link, Inc.—Pet. For Rulemaking—Classification of
Carriers, EP 763 (STB served May 14, 2020).
E:\FR\FM\10JNN1.SGM
10JNN1
]]>Agencies
[Federal Register Volume 85, Number 112 (Wednesday, June 10, 2020)]
[Notices]
[Page 35494]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12501]
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 748]
Indexing the Annual Operating Revenues of Railroads
The Surface Transportation Board (the Board) is publishing the
annual inflation-adjusted index and deflator factors for 2019. 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 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:
---------------------------------------------------------------------------
\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). On May 14, 2020, the Board
opened a rulemaking proceeding and invited comment on issues related
to the Class I carrier revenue threshold determination in response
to a petition for rulemaking. Mont. Rail Link, Inc.--Pet. For
Rulemaking--Classification of Carriers, EP 763 (STB served May 14,
2020).
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
2019.......................................... 825.94 49.52
------------------------------------------------------------------------
Application of the annual deflator factors results in the following
annual revenue thresholds:
Railroad Revenue Thresholds
------------------------------------------------------------------------
Year Factor Class I Class II
------------------------------------------------------------------------
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
2019........................... 0.4952 504,803,294 40,384,263
------------------------------------------------------------------------
DATES: The inflation-adjusted indexes and deflator factors are
effective January 1, 2019.
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.
Decided: June 4, 2020.
By the Board, Dr. William J. Brennan, Director, Office of
Economics.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2020-12501 Filed 6-9-20; 8:45 am]
BILLING CODE 4915-01-P
