2016-03347. Railroad Cost Recovery Procedures-Productivity Adjustment

AGENCY:

Surface Transportation Board.

ACTION:

Proposed Railroad Cost Recovery Procedures Productivity Adjustment.

SUMMARY:

In a decision served on February 12, 2016, we proposed to adopt 1.014 (1.4% per year) as the measure of average change in railroad productivity for the 2010-2014 (five-year) averaging period. This value represents an increase of 0.7% from the average for the 2009-2013 period. The Board's February 12, 2016 decision in this proceeding stated that comments may be filed addressing any perceived data and computational errors in the Board's calculation. It also stated that, if there were no further action taken by the Board, the proposed productivity adjustment would become effective on March 1, 2016.

DATES:

The productivity adjustment is effective March 1, 2016. Comments are due by February 24, 2016.

ADDRESSES:

Send comments (an original and 10 copies) referring to Docket No. EP 290 (Sub-No. 4) to: Surface Transportation Board, 395 E Street SW., Washington, DC 20423-0001.

FOR FURTHER INFORMATION CONTACT:

Michael Smith, [phone]. Federal Information Relay Service (FIRS) for the hearing impaired, [phone].

SUPPLEMENTARY INFORMATION:

Additional information is contained in the Board's decision, which is available on our Web site at http://www.stb.dot.gov. Copies of the decision may be purchased by contacting the Board's Office of Public Assistance, Governmental Affairs, and Compliance at [phone]. Assistance for the hearing impaired is available through FIRS at [phone].

Decided: February 12, 2016

By the Board, Chairman Elliott, Vice Chairman Miller, and Commissioner Begeman.

Tia Delano,

Clearance Clerk.