Use of a Multi-Stage Discounted Cash Flow Model in Determining the Railroad Industry's Cost of Capital
The Board proposes to use a multi-stage Discounted Cash Flow (DCF) model to complement its use of the Capital Asset Pricing Model (CAPM) in determining the cost-of-equity component of the railroad industry's cost of capital.
60-Day Notice and Request for Comments
As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3501 et seq. (PRA), the Surface Transportation Board (Board) gives notice of its intent to request from the Office of Management and Budget (OMB) approval without change of the seven existing collections described below. Comments are requested concerning each collection as to (1) Whether the particular collection of information is necessary for the proper performance of the functions of the Board, including whether the collection has practical utility; (2) the accuracy of the Board's burden estimates; (3) ways to enhance the quality, utility, and clarity of the information collected; and (4) ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology, when appropriate. Submitted comments will be included and/ or summarized in the Board's request for OMB approval.
Oregon International Port of Coos Bay-Feeder Line Application-Coos Bay Line of the Central Oregon & Pacific Railroad, Inc.
The Surface Transportation Board has accepted for consideration the Oregon International Port of Coos Bay's (the Port's) feeder line application under 49 U.S.C. 10907, and has set the procedural schedule for the proceeding. The Port seeks to acquire approximately 111.016 miles of Central Oregon & Pacific Railroad, Inc.'s (CORP's) Coos Bay Line (the Line) between milepost 763.130, near Cordes, OR, and milepost 652.114, near Danebo, OR.
Central Oregon & Pacific Railroad, Inc.-Abandonment and Discontinuance of Service-in Coos, Douglas, and Lane Counties, OR; Oregon International Port of Coos Bay-Feeder Line Application-Coos Bay Line of the Central Oregon & Pacific Railroad, Inc.
The Surface Transportation Board will hold a public hearing concerning the abandonment and feeder line applications in the respective above-titled dockets. The purpose of the hearing will be to allow interested persons to comment on the applications. On the same day, immediately prior to the hearing, Board staff will hold a public information session concerning the Board's procedures for adjudicating abandonment and feeder line cases. Date/Location: The public hearing will take place on August 21, 2008, beginning at 9:30 a.m., at the Wayne L. Morse U.S. Courthouse, 405 East Eighth Avenue, Eugene, Oregon, in Room 2200 (the Jury Assembly Room). Any person wishing to speak at the hearing must file with the Board a written notice of intent to participate, identifying (1) the party represented, (2) the proposed speaker, and (3) the number of minutes requested. Notices of intent to participate should be filed as soon as possible, but no later than August 11, 2008. Following receipt of notices of intent, the Board will release a schedule of speakers for the hearing. The public information session will be held on August 21, 2008 from 8:15-9:15 a.m., in Room 1702 (the GSA Conference Room) of the Wayne L. Morse U.S. Courthouse, 405 East Eighth Avenue, Eugene, Oregon. At that session, Board staff will discuss, and be available to answer questions regarding, the procedures the Board uses in processing abandonment and feeder line cases. No notice of intent to participate in the public information session is necessary. The Wayne L. Morse U.S. Courthouse is open Monday through Friday from 8 a.m. to 5 p.m. All visitors must present a valid form of government-issued photo identification and pass screening before being granted access into the building. Cameras are not permitted in the building. Visitors will have access to public areas only.