95-28045. Indexing the Annual Operating Revenues of Railroads, Motor Carriers of Property and Motor Carriers of Passengers

[Federal Register Volume 60, Number 219 (Tuesday, November 14, 1995)]
[Notices]
[Pages 57248-57249]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28045]



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INTERSTATE COMMERCE COMMISSION


Indexing the Annual Operating Revenues of Railroads, Motor 
Carriers of Property and Motor Carriers of Passengers

    This Notice sets forth the annual inflation adjusting index numbers 
which are used to adjust gross annual operating revenues of railroads, 
motor carriers of property and motor carriers of passengers 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. For both motor carriers of property and 
motor carriers of passengers, the inflation factors are based on the 
annual average Producer Price Index for all commodities. The indexes 
are developed by the Bureau of Labor Statistics (BLS).
    The base years for railroads, motor carriers of property, and 
passenger motor carriers are 1991, 1993, and 1988 respectively. The 
inflation index factors are presented as follows:

------------------------------------------------------------------------
                                                               Deflator 
                                                   Index       percent  
------------------------------------------------------------------------
                                                   Railroads-Railroad   
                                                     Frieght Index      
1991..........................................        409.5   \1\ 100.00
1992..........................................        411.8        99.45
1993..........................................        415.5        98.55
1994..........................................        418.8       97.70 
                                                    Motor Carriers of   
                                                 Property Producer Price
                                                         Index          
1993..........................................        118.9   \2\ 100.00
1994..........................................        120.4       98.70 

[[Page 57249]]
                                                                        
                                                    Motor Carriers of   
                                                   Passengers Producer  
                                                      Price Index       
1988..........................................        106.9             
1991..........................................        116.5        91.76
1992..........................................        117.2        91.21
1993..........................................        118.9        89.90
1994..........................................        120.4       88.70 
------------------------------------------------------------------------
\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central    
  Ltd., Joint Petition For Rulemaking With Respect To 49 CFR 1201,      
  served June 17, 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.           
\2\ Ex Parte No. MC-206, Revisions to Accounting and Reporting          
  Requirements for Motor Carriers of Property, served January 27, 1994, 
  raised the revenue classification level for Class I motor carriers of 
  property from $5 million to $10 million (1993 dollars), effective for 
  the reporting year beginning January 1, 1994.                         


EFFECTIVE DATE: January 1, 1995.

FOR FURTHER INFORMATION CONTACT: Ward L. Ginn Jr., [phone].
Vernon A. Williams,
Secretary.
[FR Doc. 95-28045 Filed 11-13-95; 8:45 am]
BILLING CODE 7035-01-P