Iowa Interstate Railroad, Ltd.-Acquisition of Control Exemption-Lincoln & Southern Railroad Company
Under 49 U.S.C. 10502, the Board is granting a petition for exemption from the prior approval requirements of 49 U.S.C. 11323 et seq., for Iowa Interstate Railroad, Ltd., a Class II carrier, to acquire control by stock purchase of Lincoln & Southern Railroad Company, a Class III carrier.
Quarterly Rail Cost Adjustment Factor
The Board has approved the first quarter 2007 rail cost adjustment factor (RCAF) and cost index filed by the Association of American Railroads. The first quarter 2007 RCAF (Unadjusted) is 1.208. The first quarter 2007 RCAF (Adjusted) is 0.568. The first quarter 2007 RCAF-5 is 0.540.