Quarterly Rail Cost Adjustment Factor; Decision, 79413-79415 [2022-28110]
Download as PDF
<![CDATA[
TKELLEY on DSK125TN23PROD with NOTICES
Federal Register / Vol. 87, No. 247 / Tuesday, December 27, 2022 / Notices
electric cooperative and one state- or
municipally-owned utility); four
representatives from biofuel feedstock
growers or providers and biofuel
refiners, processors, and distributors;
two representatives from private car
owners, car lessors, or car
manufacturers; one representative from
the petroleum shipping industry; two
representatives from renewable energy
sources; and one representative from a
labor organization. The Committee may
also include up to two at large members
with relevant experience but not
necessarily affiliated with one of the
aforementioned industries or sectors.
Members are selected by the Chair of
the Board with the concurrence of a
majority of the Board. The Chair may
invite representatives from the U.S.
Departments of Agriculture, Energy, and
Transportation and the Federal Energy
Regulatory Commission to serve on
RETAC in advisory capacities as ex
officio (non-voting) members. The
members of the Board serve as ex officio
members of the Committee.
RETAC meets at least twice per year.
Meetings are typically held at the
Board’s headquarters in Washington,
DC, but may be held virtually or in other
locations. Members of RETAC serve
without compensation and without
reimbursement of travel expenses.
Further information about RETAC is
available on the RETAC page of the
Board’s website at https://www.stb.gov/
stb/rail/retac.html.
The Board is soliciting nominations
from the public for candidates to fill
nine vacancies: three representatives
from coal producers; one representative
from electric utilities; one representative
from biofuel feedstock growers or
providers and biofuel refiners,
processors, and distributors; one
representative from private car owners,
car lessors, or car manufacturers; two
representatives from renewable energy
sources; and one representative from a
labor organization. All the vacancies are
for three-year terms ending September
30, 2026. According to revised guidance
issued by the Office of Management and
Budget, it is permissible for federally
registered lobbyists to serve on advisory
committees, such as RETAC, as long as
they do so in a representative capacity,
rather than an individual capacity. See
Revised Guidance on Appointment of
Lobbyists to Fed. Advisory Comms.,
Bds., & Comm’ns, 79 FR 47,482 (Aug.
13, 2014). Members of RETAC are
appointed to serve in a representative
capacity.
Nominations for candidates to fill the
vacancies should be submitted in letter
form and should include: (1) the name
of the candidate; (2) the interest the
VerDate Sep<11>2014
22:43 Dec 23, 2022
Jkt 259001
candidate will represent; (3) a summary
of the candidate’s experience and
qualifications for the position; (4) a
representation that the candidate is
willing to serve as a member of RETAC;
and, (5) a statement that the candidate
agrees to serve in a representative
capacity. Candidates may nominate
themselves. The Chair is committed to
having a committee reflecting diverse
communities and viewpoints and
strongly encourages the nomination of
candidates from diverse backgrounds.
Nominations for candidates for
membership on RETAC should be filed
with the Board by January 26, 2023.
Please note that submissions will be
posted on the Board’s website under
Docket No. EP 670 (Sub-No. 2).
Authority: 49 U.S.C. 1321; 49 U.S.C.
11101; 49 U.S.C. 11121.
Decided: December 20, 2022.
By the Board, Cynthia T. Brown, Acting
Director, Office of Proceedings.
Stefan Rice,
Clearance Clerk.
[FR Doc. 2022–28109 Filed 12–23–22; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. EP 290 Sub–No. 5; 2023–1]
Quarterly Rail Cost Adjustment Factor;
Decision
In Railroad Cost Recovery Procedures,
1 I.C.C.2d 207 (1984), the Interstate
Commerce Commission (ICC) outlined
the procedures for calculating the allinclusive index of railroad input prices
and the method for computing the rail
cost adjustment factor (RCAF). Under
the procedures, the Association of
American Railroads (AAR) is required to
calculate the index on a quarterly basis
and submit it to the agency on the fifth
day of the last month of each calendar
quarter. In Railroad Cost Recovery
Procedures—Productivity Adjustment, 5
I.C.C.2d 434 (1989), aff’d sub nom.
Edison Electric Institute v. ICC, 969 F.2d
1221 (D.C. Cir. 1992), the ICC adopted
procedures that require the adjustment
of the quarterly index for a measure of
productivity.
The provisions of 49 U.S.C. 10708
direct the Surface Transportation Board
(Board) to continue to publish both an
unadjusted RCAF and a productivityadjusted RCAF. In Productivity
Adjustment—Implementation, 1 S.T.B.
739 (1996), the Board decided to
publish a second productivity-adjusted
RCAF called the RCAF–5.
Consequently, three indices are now
filed with the Board: the RCAF
(Unadjusted); the RCAF (Adjusted); and
PO 00000
Frm 00141
Fmt 4703
Sfmt 4703
79413
the RCAF–5. The RCAF (Unadjusted) is
an index reflecting cost changes
experienced by the railroad industry,
without reference to changes in rail
productivity. The RCAF (Adjusted) is an
index that reflects national average
productivity changes as originally
developed and applied by the ICC, the
calculation of which is currently based
on a five-year moving average. The
RCAF–5 is an index that also reflects
national average productivity changes;
however, those productivity changes are
calculated as if a five-year moving
average had been applied consistently
from the productivity adjustment’s
inception in 1989.
As required by statute, the
denominator of the RCAF is to be
rebased every five years. See 49 U.S.C
10708(a). The Board has verified AAR’s
proposed rebasing calculations, and
they comply with the statute. The
rebasing calculations are shown in
Table C of the Appendix.
The index of railroad input prices,
RCAF (Unadjusted), RCAF (Adjusted),
and RCAF–5 for the first quarter of 2023
are shown in Table A of the Appendix
to this decision. Table B shows the third
quarter 2022 index and the RCAF
calculated on both an actual and a
forecasted basis. The difference between
the actual calculation and the forecasted
calculation is the forecast error
adjustment.
AAR’s calculations have been
examined by the Board’s Office of
Economics, and the Board finds that
AAR has complied with agency
procedures. The Board finds that the
first quarter 2023 RCAF (Unadjusted) is
1.010, an increase of 1.0% from the
fourth quarter 2022 RCAF (Unadjusted)
of 1.000. The RCAF (Adjusted) is
calculated, in part, using the RCAF
(Unadjusted) and a five-year moving
geometric average of productivity
change for U.S. Class I railroads from
2016–2020, which is 1.025 (2.5% per
year). The first quarter 2023 RCAF
(Adjusted) is 0.408, an increase of 0.2%
from the fourth quarter 2022 RCAF
(Adjusted) of 0.407.1
In accordance with Productivity
Adjustment—Implementation, 1 S.T.B.
at 748–49, the RCAF–5 for this quarter
will use a productivity trend for the
years 2016–2020, which is 1.025 (2.5%
per year). The RCAF–5 for the first
quarter of 2023 is 0.390, an increase of
1 The first quarter 2023 RCAF Adjusted (0.408) is
calculated by dividing the first quarter 2023 RCAF
Unadjusted (1.010) by the first quarter productivity
adjustment factor (PAF) of 2.4740. The first quarter
2023 PAF is calculated by multiplying the fourth
quarter 2022 productivity adjustment of 2.4588 by
the fourth root (1.0062) of the 2016–2020 annual
average productivity growth rate of 2.5%.
E:\FR\FM\27DEN1.SGM
27DEN1
79414
Federal Register / Vol. 87, No. 247 / Tuesday, December 27, 2022 / Notices
0.3% from the fourth quarter 2022
RCAF–5 of 0.389.2
This action is categorically excluded
from environmental review under 49
CFR 1105.6(c).
Authority: 49 U.S.C. 10708.
It is ordered:
1. The Board finds that the first
quarter 2023 RCAF (Unadjusted) is
1.010, RCAF (Adjusted) is 0.408, and
RCAF–5 is 0.390.
2. Notice of this decision will be
published in the Federal Register.
3. The effective date of this decision
is January 1, 2023.
Decided: December 20, 2022.
By the Board, Fuchs, Hedlund, Oberman,
Primus, and Schultz.
Kenyatta Clay,
Clearance Clerk.
TABLE A—EP 290 (SUB–NO. 5) (2023–1) ALL INCLUSIVE INDEX OF RAILROAD INPUT COSTS
[Endnotes following Table C]
Line No.
Index component
2021 Weights
(percent)
1 ...................
2 ...................
3 ...................
4 ...................
5 ...................
6 ...................
7 ...................
8 ...................
9 ...................
10 .................
11 .................
12 .................
13 .................
14 .................
LABOR ..............................................................................................................
FUEL .................................................................................................................
MATERIALS AND SUPPLIES ..........................................................................
EQUIPMENT RENTS .......................................................................................
DEPRECIATION ...............................................................................................
INTEREST ........................................................................................................
OTHER ITEMS 1 ...............................................................................................
WEIGHTED AVERAGE ....................................................................................
LINKED INDEX 2 ...............................................................................................
PRELIMINARY RAIL COST ADJUSTMENT FACTOR 3 ..................................
FORECAST ERROR ADJUSTMENT 4 .............................................................
RCAF (UNADJUSTED) (LINE 10 + LINE 11) ..................................................
RCAF (ADJUSTED) ..........................................................................................
RCAF–5 ............................................................................................................
31.4
14.2
4.5
4.9
17.5
2.4
25.1
100.0
........................
........................
........................
........................
........................
........................
Fourth
quarter 2022
forecast
479.6
475.2
335.3
253.8
233.3
50.1
290.6
360.6
331.3
96.8
0.032
1.000
0.407
0.389
First
quarter 2023
forecast
546.0
467.1
328.9
250.1
234.8
50.1
280.0
377.4
346.7
101.3
¥0.003
1.010
0.408
0.390
TABLE B—EP 290 (SUB–NO. 5) (2023–1) COMPARISON OF THIRD QUARTER 2022 INDEX
[Calculated on both a forecasted and an actual basis]
Line No.
Index component
2020 Weights
(%)
1 ..........................
2 ..........................
3 ..........................
4 ..........................
5 ..........................
6 ..........................
7 ..........................
8 ..........................
9 ..........................
10 ........................
LABOR .......................................................................................................
FUEL ..........................................................................................................
MATERIALS AND SUPPLIES ...................................................................
EQUIPMENT RENTS .................................................................................
DEPRECIATION ........................................................................................
INTEREST ..................................................................................................
OTHER ITEMS ...........................................................................................
WEIGHTED AVERAGE .............................................................................
LINKED INDEX ..........................................................................................
RAIL COST ADJUSTMENT FACTOR .......................................................
32.4
9.7
4.5
5.2
18.5
2.7
27.0
100.0
........................
........................
Third
quarter 2022
forecast
Third
quarter 2022
actual
472.4
459.6
305.0
256.0
233.2
51.1
302.4
350.8
328.7
96.0
472.4
484.4
305.0
251.4
233.7
51.1
289.7
349.7
327.7
95.7
TABLE C—REBASING THE DENOMINATOR OF THE RCAF TO THE FOURTH QUARTER 2022 LEVEL
1.
2.
3.
4.
5.
6.
..................
..................
..................
..................
..................
..................
Fourth Quarter 2022 Linked Index ............................................................................................................................
Second Quarter 2022 Linked Index Calculated Using Actual Data .........................................................................
Second Quarter 2022 Linked Index Calculated Using Forecasted Data .................................................................
Difference ..................................................................................................................................................................
Rounding Adjustment to Force 1.000 .......................................................................................................................
Fourth Quarter 2022 Linked Index Adjusted for Second Quarter 2022 Forecast Error (Line 1 plus Line 4 plus
Line 5).
TKELLEY on DSK125TN23PROD with NOTICES
Endnotes:
2 The first quarter 2023 RCAF–5 (0.390) is
calculated by dividing the first quarter 2023 RCAF
Unadjusted (1.010) by the first quarter productivity
VerDate Sep<11>2014
22:43 Dec 23, 2022
Jkt 259001
adjustment factor-5 (PAF–5) of 2.5898. The first
quarter 2023 PAF–5 is calculated by multiplying
the fourth quarter 2022 PAF–5 of 2.5738 by the
PO 00000
Frm 00142
Fmt 4703
Sfmt 4703
fourth root (1.0062) of the 2016–2020 annual
average productivity growth rate of 2.5%.
E:\FR\FM\27DEN1.SGM
27DEN1
331.3
324.8
313.8
11.0
0.0
342.3
Federal Register / Vol. 87, No. 247 / Tuesday, December 27, 2022 / Notices
79415
"Other Items" is a combination of Purchased Services, Casualties and Insurance,
General and Administrative, Other Taxes, Loss and Damage, and Special Charges, price changes
for all of which are measured by the Producer Price Index for Industrial Commodities Less Fuel
and Related Products and Power.
1
Linking is necessitated by a change to the 2021 weights beginning in the fourth quarter
of 2022. The following formula was used for the current quarter's index:
2
1st Qr. 2023 Index
(2021 Weights)
4th Qr. 2022 Index
(2021 Weights)
Times 4th Quarter Linked Index
(1980 = 100 Linked)
Equals Linked Index
(Current Quarter)
Or
377.4 X 331.3 = 346.7
360.6
The first quarter 2023 RCAF was rebased using the October 1, 2022 level of 342.3 in
accordance with the requirements of the Staggers Rail Act of 1980 (10/1/2022 = 100). For the
purpose of calculating the fourth quarter 2022 linked index (2022Q4 = 100), where the fourth
quarter 2022 linked index equals 100 after the forecast error adjustment, the fourth quarter 2022
RCAF is also recalculated using the October 1, 2022 level of 342.3.
3
The first quarter 2023 forecast error adjustment was calculated as follows: (a) third
quarter 2022 RCAF using forecasted data equals 96.0; (b) third quarter 2022 RCAF using actual
data equals 95.7; and (c) the difference equals the forecast error (b-a) of -0.3. Because the actual
third quarter value is less than the forecast value, the difference is subtracted from the
Preliminary RCAF.
joyler@srbc.net. Regular mail inquiries
may be sent to the above address. See
also Commission website at
www.srbc.net.
[FR Doc. 2022–28110 Filed 12–23–22; 8:45 am]
BILLING CODE 4915–01–P
SUSQUEHANNA RIVER BASIN
COMMISSION
In
addition to the actions taken on projects
identified in the summary above these
actions were also taken: (1) adoption of
the regulatory program fee schedule for
CY2023; (2) adoption of a resolution
recognizing the 50th anniversary of the
Clean Water Act; (3) and approval of
contracts, grants and agreements.
SUPPLEMENTARY INFORMATION:
Actions Taken at December 15, 2022
Meeting
Susquehanna River Basin
Commission
ACTION: Notice.
AGENCY:
As part of its regular business
meeting held on December 15, 2022, in
Harrisburg, Pennsylvania, the
Commission approved the applications
of certain water resources projects, and
took additional actions, as set forth in
the Supplementary Information below.
DATES: December 15, 2022.
ADDRESSES: Susquehanna River Basin
Commission, 4423 N Front Street,
Harrisburg, PA 17110–1788.
FOR FURTHER INFORMATION CONTACT:
Jason E. Oyler, General Counsel and
Secretary, telephone: (717) 238–0423,
ext. 1312, fax: (717) 238–2436; email:
TKELLEY on DSK125TN23PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
22:43 Dec 23, 2022
Jkt 259001
Project Applications Approved
1. Project Sponsor and Facility:
Blossburg Municipal Authority, Bloss
Township, Tioga County, Pa.
Applications for groundwater
withdrawals (30-day averages) of up to
0.144 mgd from Taylor Run Well 1 and
0.144 mgd from Taylor Run Well 3.
2. Project Sponsor and Facility:
BlueTriton Brands, Inc. (Valley View
Springs), Hegins Township, Schuylkill
County, Pa. Applications for renewal of
surface water withdrawal of up to 0.200
mgd (peak day) and consumptive use of
PO 00000
Frm 00143
Fmt 4703
Sfmt 4703
up to 0.200 mgd (peak day) (Docket No.
19971101).
3. Project Sponsor: Constellation
Energy Generation, LLC. Project
Facility: Three Mile Island Generating
Station, Londonderry Township,
Dauphin County, Pa. Applications for
renewal of groundwater withdrawals
(30-day averages) of up to 0.099 mgd
from Well A, 0.099 mgd from Well B,
and 0.099 mgd from Well C (Docket No.
20110610), and Commission-initiated
modification of surface water and
consumptive use approvals based on
changes in operating status of the
project and revised demand projections.
4. Project Sponsor: Corning
Incorporated. Project Facility: Corporate
Headquarters, City of Corning, Steuben
County, N.Y. Application for renewal of
groundwater withdrawal of up to 1.440
mgd (30-day average) from Well 6A
(Docket No. 19981201).
5. Project Sponsor and Facility: Dover
Township, York County, Pa.
Applications for groundwater
withdrawals (30-day averages) of up to
0.088 mgd from Well 10 (Docket No.
19911104).
E:\FR\FM\27DEN1.SGM
27DEN1
EN27DE22.035</GPH>
4
]]>Agencies
[Federal Register Volume 87, Number 247 (Tuesday, December 27, 2022)]
[Notices]
[Pages 79413-79415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-28110]
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 290 Sub-No. 5; 2023-1]
Quarterly Rail Cost Adjustment Factor; Decision
In Railroad Cost Recovery Procedures, 1 I.C.C.2d 207 (1984), the
Interstate Commerce Commission (ICC) outlined the procedures for
calculating the all-inclusive index of railroad input prices and the
method for computing the rail cost adjustment factor (RCAF). Under the
procedures, the Association of American Railroads (AAR) is required to
calculate the index on a quarterly basis and submit it to the agency on
the fifth day of the last month of each calendar quarter. In Railroad
Cost Recovery Procedures--Productivity Adjustment, 5 I.C.C.2d 434
(1989), aff'd sub nom. Edison Electric Institute v. ICC, 969 F.2d 1221
(D.C. Cir. 1992), the ICC adopted procedures that require the
adjustment of the quarterly index for a measure of productivity.
The provisions of 49 U.S.C. 10708 direct the Surface Transportation
Board (Board) to continue to publish both an unadjusted RCAF and a
productivity-adjusted RCAF. In Productivity Adjustment--Implementation,
1 S.T.B. 739 (1996), the Board decided to publish a second
productivity-adjusted RCAF called the RCAF-5. Consequently, three
indices are now filed with the Board: the RCAF (Unadjusted); the RCAF
(Adjusted); and the RCAF-5. The RCAF (Unadjusted) is an index
reflecting cost changes experienced by the railroad industry, without
reference to changes in rail productivity. The RCAF (Adjusted) is an
index that reflects national average productivity changes as originally
developed and applied by the ICC, the calculation of which is currently
based on a five-year moving average. The RCAF-5 is an index that also
reflects national average productivity changes; however, those
productivity changes are calculated as if a five-year moving average
had been applied consistently from the productivity adjustment's
inception in 1989.
As required by statute, the denominator of the RCAF is to be
rebased every five years. See 49 U.S.C 10708(a). The Board has verified
AAR's proposed rebasing calculations, and they comply with the statute.
The rebasing calculations are shown in Table C of the Appendix.
The index of railroad input prices, RCAF (Unadjusted), RCAF
(Adjusted), and RCAF-5 for the first quarter of 2023 are shown in Table
A of the Appendix to this decision. Table B shows the third quarter
2022 index and the RCAF calculated on both an actual and a forecasted
basis. The difference between the actual calculation and the forecasted
calculation is the forecast error adjustment.
AAR's calculations have been examined by the Board's Office of
Economics, and the Board finds that AAR has complied with agency
procedures. The Board finds that the first quarter 2023 RCAF
(Unadjusted) is 1.010, an increase of 1.0% from the fourth quarter 2022
RCAF (Unadjusted) of 1.000. The RCAF (Adjusted) is calculated, in part,
using the RCAF (Unadjusted) and a five-year moving geometric average of
productivity change for U.S. Class I railroads from 2016-2020, which is
1.025 (2.5% per year). The first quarter 2023 RCAF (Adjusted) is 0.408,
an increase of 0.2% from the fourth quarter 2022 RCAF (Adjusted) of
0.407.\1\
---------------------------------------------------------------------------
\1\ The first quarter 2023 RCAF Adjusted (0.408) is calculated
by dividing the first quarter 2023 RCAF Unadjusted (1.010) by the
first quarter productivity adjustment factor (PAF) of 2.4740. The
first quarter 2023 PAF is calculated by multiplying the fourth
quarter 2022 productivity adjustment of 2.4588 by the fourth root
(1.0062) of the 2016-2020 annual average productivity growth rate of
2.5%.
---------------------------------------------------------------------------
In accordance with Productivity Adjustment--Implementation, 1
S.T.B. at 748-49, the RCAF-5 for this quarter will use a productivity
trend for the years 2016-2020, which is 1.025 (2.5% per year). The
RCAF-5 for the first quarter of 2023 is 0.390, an increase of
[[Page 79414]]
0.3% from the fourth quarter 2022 RCAF-5 of 0.389.\2\
---------------------------------------------------------------------------
\2\ The first quarter 2023 RCAF-5 (0.390) is calculated by
dividing the first quarter 2023 RCAF Unadjusted (1.010) by the first
quarter productivity adjustment factor-5 (PAF-5) of 2.5898. The
first quarter 2023 PAF-5 is calculated by multiplying the fourth
quarter 2022 PAF-5 of 2.5738 by the fourth root (1.0062) of the
2016-2020 annual average productivity growth rate of 2.5%.
---------------------------------------------------------------------------
This action is categorically excluded from environmental review
under 49 CFR 1105.6(c).
Authority: 49 U.S.C. 10708.
It is ordered:
1. The Board finds that the first quarter 2023 RCAF (Unadjusted) is
1.010, RCAF (Adjusted) is 0.408, and RCAF-5 is 0.390.
2. Notice of this decision will be published in the Federal
Register.
3. The effective date of this decision is January 1, 2023.
Decided: December 20, 2022.
By the Board, Fuchs, Hedlund, Oberman, Primus, and Schultz.
Kenyatta Clay,
Clearance Clerk.
Table A--EP 290 (Sub-No. 5) (2023-1) All Inclusive Index of Railroad Input Costs
[Endnotes following Table C]
----------------------------------------------------------------------------------------------------------------
Fourth
Line No. Index component 2021 Weights quarter 2022 First quarter
(percent) forecast 2023 forecast
----------------------------------------------------------------------------------------------------------------
1............................... LABOR......................... 31.4 479.6 546.0
2............................... FUEL.......................... 14.2 475.2 467.1
3............................... MATERIALS AND SUPPLIES........ 4.5 335.3 328.9
4............................... EQUIPMENT RENTS............... 4.9 253.8 250.1
5............................... DEPRECIATION.................. 17.5 233.3 234.8
6............................... INTEREST...................... 2.4 50.1 50.1
7............................... OTHER ITEMS \1\............... 25.1 290.6 280.0
8............................... WEIGHTED AVERAGE.............. 100.0 360.6 377.4
9............................... LINKED INDEX \2\.............. .............. 331.3 346.7
10.............................. PRELIMINARY RAIL COST .............. 96.8 101.3
ADJUSTMENT FACTOR \3\.
11.............................. FORECAST ERROR ADJUSTMENT \4\. .............. 0.032 -0.003
12.............................. RCAF (UNADJUSTED) (LINE 10 + .............. 1.000 1.010
LINE 11).
13.............................. RCAF (ADJUSTED)............... .............. 0.407 0.408
14.............................. RCAF-5........................ .............. 0.389 0.390
----------------------------------------------------------------------------------------------------------------
Table B--EP 290 (Sub-No. 5) (2023-1) Comparison of Third Quarter 2022 Index
[Calculated on both a forecasted and an actual basis]
----------------------------------------------------------------------------------------------------------------
2020 Weights Third quarter Third quarter
Line No. Index component (%) 2022 forecast 2022 actual
----------------------------------------------------------------------------------------------------------------
1..................................... LABOR................... 32.4 472.4 472.4
2..................................... FUEL.................... 9.7 459.6 484.4
3..................................... MATERIALS AND SUPPLIES.. 4.5 305.0 305.0
4..................................... EQUIPMENT RENTS......... 5.2 256.0 251.4
5..................................... DEPRECIATION............ 18.5 233.2 233.7
6..................................... INTEREST................ 2.7 51.1 51.1
7..................................... OTHER ITEMS............. 27.0 302.4 289.7
8..................................... WEIGHTED AVERAGE........ 100.0 350.8 349.7
9..................................... LINKED INDEX............ .............. 328.7 327.7
10.................................... RAIL COST ADJUSTMENT .............. 96.0 95.7
FACTOR.
----------------------------------------------------------------------------------------------------------------
Table C--Rebasing the Denominator of the RCAF to the Fourth Quarter 2022
Level
------------------------------------------------------------------------
------------------------------------------------------------------------
1........................... Fourth Quarter 2022 Linked 331.3
Index.
2........................... Second Quarter 2022 Linked 324.8
Index Calculated Using
Actual Data.
3........................... Second Quarter 2022 Linked 313.8
Index Calculated Using
Forecasted Data.
4........................... Difference................ 11.0
5........................... Rounding Adjustment to 0.0
Force 1.000.
6........................... Fourth Quarter 2022 Linked 342.3
Index Adjusted for Second
Quarter 2022 Forecast
Error (Line 1 plus Line 4
plus Line 5).
------------------------------------------------------------------------
Endnotes:
[[Page 79415]]
[GRAPHIC] [TIFF OMITTED] TN27DE22.035
[FR Doc. 2022-28110 Filed 12-23-22; 8:45 am]
BILLING CODE 4915-01-P
