Surface Transportation Board December 2005 – Federal Register Recent Federal Regulation Documents
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Railroad Cost of Capital-2005
The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2005. The decision solicits comments on: (1) The railroads' 2005 current cost of debt capital; (2) the railroads' 2005 current cost of preferred stock equity capital (if any); (3) the railroads' 2005 cost of common stock equity capital; and (4) the 2005 capital structure mix of the railroad industry on a market value basis.
Quarterly Rail Cost Adjustment Factor
The Board has approved the first quarter 2006 rail cost adjustment factor (RCAF) and cost index filed by the Association of American Railroads. The first quarter 2006 RCAF (Unadjusted) is 1.177. The first quarter 2006 RCAF (Adjusted) is 0.564. The first quarter 2006 RCAF-5 is 0.541.
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