[Federal Register Volume 72, Number 166 (Tuesday, August 28, 2007)]
[Notices]
[Pages 49347-49348]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-16967]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
Indexing the Annual Operating Revenues of Railroads
This Notice sets forth the annual inflation adjusting index numbers
which are used to adjust gross annual operating revenues of railroads
for classification purposes. This indexing methodology will insure that
regulated carriers are classified based on real business expansion and
not from the effects of inflation. Classification is important because
it determines the extent of reporting for each carrier.
The railroad's inflation factors are based on the annual average
Railroad's Freight Price Index. This index is developed by the Bureau
of Labor Statistics (BLS). This index will be used to deflate revenues
for comparison with established revenue thresholds.
The base year for railroads is 1991. The inflation index factors
are presented as follows:
[[Page 49348]]
Railroad Freight Index
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Year Index Deflator
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1991.............................................. 409.50 \1\
100.00
1992.............................................. 411.80 99.45
1993.............................................. 415.50 98.55
1994.............................................. 418.80 97.70
1995.............................................. 418.17 97.85
1996.............................................. 417.46 98.02
1997.............................................. 419.67 97.50
1998.............................................. 424.54 96.38
1999.............................................. 423.01 96.72
2000.............................................. 428.64 95.45
2001.............................................. 436.48 93.73
2002.............................................. 445.03 91.92
2003.............................................. 454.33 90.03
2004.............................................. 473.41 86.40
2005.............................................. 522.41 78.29
2006.............................................. 567.34 72.09
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EFFECTIVE DATE: January 1, 2006.
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\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin
Central Ltd., Joint Petition for Rulemaking With Respect to 49 CFR
1201, 8 I.C.C. 2d 625 (1992), raised the revenue classification
level for Class I railroads from $50 million to $250 million (1991
dollars), effective for the reporting year beginning January 1,
1992. The Class II threshold was also revised to reflect a rebasing
from $10 million (1978 dollars) to $20 million (1991 dollars).
FOR FURTHER INFORMATION CONTACT: Scott Decker (202) 245-0330. [Federal
Information Relay Service (FIRS) for the hearing impaired: 1-800-877-
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8339.]
By the Board, Leland L. Gardner, Director, Office of Economics,
Environmental Analysis, and Administration.
Vernon A. Williams,
Secretary.
[FR Doc. E7-16967 Filed 8-27-07; 8:45 am]
BILLING CODE 4915-01-P