Railroad Cost of Capital-2025
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Issuing agencies
Abstract
The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2025. The decision solicits comments on the following issues: the railroads' 2025 current cost of debt capital, the railroads' 2025 current cost of preferred equity capital (if any), the railroads' 2025 cost of common equity capital, and the 2025 capital structure mix of the railroad industry on a market value basis.
Full Text
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<title>Federal Register, Volume 91 Issue 54 (Friday, March 20, 2026)</title>
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[Federal Register Volume 91, Number 54 (Friday, March 20, 2026)]
[Notices]
[Pages 13693-13694]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-05455]
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SURFACE TRANSPORTATION BOARD
[Docket No. EP 558 (Sub-No. 29)]
Railroad Cost of Capital--2025
AGENCY: Surface Transportation Board.
ACTION: Notice.
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SUMMARY: The Board is instituting a proceeding to determine the
railroad industry's cost of capital for 2025. The decision solicits
comments on the following issues: the railroads' 2025 current cost of
debt capital, the railroads' 2025 current cost of preferred equity
capital (if any), the railroads' 2025 cost of common equity capital,
and the 2025 capital structure mix of the railroad industry on a market
value basis.
DATES: Notices of intent to participate are due by May 1, 2026.
Statements of the railroads are due by May 22, 2026. Statements of
other interested persons are due by June 12, 2026. Rebuttal statements
by the railroads are due by July 2, 2026.
ADDRESSES: Comments may be filed with the Board via e-filing on the
Board's website.
FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 915-0862. If
you require an accommodation under the
[[Page 13694]]
Americans with Disabilities Act, please call (202) 245-0245.
SUPPLEMENTARY INFORMATION: The decision in this proceeding is posted at
<a href="http://www.stb.gov">www.stb.gov</a>.
Authority: 49 U.S.C. 10704(a).
Decided: March 16, 2026.
By the Board, Board Members Fuchs, Hedlund, and Schultz.
Eden Besera,
Clearance Clerk.
[FR Doc. 2026-05455 Filed 3-19-26; 8:45 am]
BILLING CODE 4915-01-P
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