-
Start Preamble
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.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
Pedro Ramirez, (202) 245–0333. If you require an accommodation under the Americans with Disabilities Act, please call (202) 245–0245.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY 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 Start Printed Page 89004 2024 RCAF–5 is 0.367. Additional information is contained in the Board's decision, which is available at www.stb.gov.
Start SignatureEnd Signature End Supplemental InformationDecided: 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
Document Information
- Published:
- 12/26/2023
- Department:
- Surface Transportation Board
- Entry Type:
- Notice
- Action:
- Approval of rail cost adjustment factor.
- Document Number:
- 2023-28318
- Dates:
- Applicability Date: January 1, 2024.
- Pages:
- 89003-89004 (2 pages)
- Docket Numbers:
- Docket No. EP 290 (Sub-No. 5) (2024-1)
- PDF File:
- 2023-28318.pdf