Notice2023-28318
Quarterly Rail Cost Adjustment Factor
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 26, 2023
Issuing agencies
Surface Transportation Board
Abstract
The Surface Transportation Board has adopted the first quarter 2024 Rail Cost Adjustment Factor and cost index filed by the Association of American Railroads.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 246 (Tuesday, December 26, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 246 (Tuesday, December 26, 2023)]
[Notices]
[Pages 89003-89004]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-28318]
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 290 (Sub-No. 5) (2024-1)]
Quarterly Rail Cost Adjustment Factor
AGENCY: Surface Transportation Board.
ACTION: Approval of rail cost adjustment factor.
-----------------------------------------------------------------------
SUMMARY: The Surface Transportation Board has adopted the first quarter
2024 Rail Cost Adjustment Factor and cost index filed by the
Association of American Railroads.
DATES: Applicability Date: January 1, 2024.
FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. If you
require an accommodation under the Americans with Disabilities Act,
please call (202) 245-0245.
SUPPLEMENTARY INFORMATION: The rail cost adjustment factor (RCAF) is an
index formulated to represent changes in railroad costs incurred by the
nation's largest railroads over a specified period of time. Under 49
U.S.C. 10708, the Surface Transportation Board (Board) is required to
publish the RCAF on at least a quarterly basis. Each quarter, the
Association of American Railroads computes three types of RCAF figures
and submits those figures to the Board for approval. The Board has
reviewed the submission and adopts the RCAF figures for the first
quarter of 2024. The first quarter 2024 RCAF (Unadjusted) is 0.974. The
first quarter 2024 RCAF (Adjusted) is 0.383. The first quarter
[[Page 89004]]
2024 RCAF-5 is 0.367. Additional information is contained in the
Board's decision, which is available at <a href="http://www.stb.gov">www.stb.gov</a>.
Decided: December 19, 2023.
By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and
Schultz.
Brendetta Jones,
Clearance Clerk.
[FR Doc. 2023-28318 Filed 12-22-23; 8:45 am]
BILLING CODE 4915-01-P
</pre></body>
</html>Indexed from Federal Register on December 26, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.