Notice2024-01303

Railroad Cost Recovery Procedures-Productivity Adjustment

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
January 24, 2024

Issuing agencies

Surface Transportation Board

Abstract

In a decision served on January 19, 2024, the Board proposed to adopt 1.011 (1.1% per year) as the measure of average (geometric mean) change in railroad productivity for the 2018-2022 (five-year) period. The Board's January 19, 2024 decision stated that comments may be filed addressing any perceived data and computational errors in the Board's calculation. The decision also stated that, unless a further order is issued postponing the effective date, the decision will take effect on March 1, 2024.

Full Text

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<title>Federal Register, Volume 89 Issue 16 (Wednesday, January 24, 2024)</title>
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[Federal Register Volume 89, Number 16 (Wednesday, January 24, 2024)]
[Notices]
[Pages 4648-4649]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-01303]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 290 (Sub-No. 4)]


Railroad Cost Recovery Procedures--Productivity Adjustment

AGENCY: Surface Transportation Board.

ACTION: Presentation of the Board's calculation for the change in 
railroad productivity for the 2018-2022 averaging period.

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SUMMARY: In a decision served on January 19, 2024, the Board proposed 
to adopt 1.011 (1.1% per year) as the measure of average (geometric 
mean) change in railroad productivity for the 2018-2022 (five-year) 
period. The Board's January 19, 2024 decision stated that comments may 
be filed addressing any perceived data and computational errors in the 
Board's calculation. The decision also stated that, unless a further 
order is issued postponing the effective date, the decision will take 
effect on March 1, 2024.

DATES: Comments are due by February 5, 2024.

ADDRESSES: Comments may be filed via e-filing on the Board's website at 
<a href="http://www.stb.gov">www.stb.gov</a>. Comments must be served on all parties appearing on the 
service list.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245-0333. If 
you require accommodation under the Americans with Disabilities Act, 
please call (202) 245-0245.

SUPPLEMENTARY INFORMATION: Additional information is contained in

[[Page 4649]]

the Board's decision, which is available at <a href="http://www.stb.gov">www.stb.gov</a> under Docket 
No. EP 290 (Sub-No. 4).

    Decided: January 18, 2024.

    By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and 
Schultz.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2024-01303 Filed 1-23-24; 8:45 am]
BILLING CODE 4915-01-P


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Indexed from Federal Register on January 24, 2024.

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