95-4579. Railroad Cost Recovery Procedures-Productivity Adjustment

[Federal Register Volume 60, Number 37 (Friday, February 24, 1995)]
[Notices]
[Page 10406]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-4579]



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INTERSTATE COMMERCE COMMISSION

[Ex Parte No. 290 (Sub-No. 4)]


Railroad Cost Recovery Procedures-Productivity Adjustment

AGENCY: Interstate Commerce Commission.

ACTION: Notice of proposed action.

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SUMMARY: The Commission proposes to adopt its estimate of railroad 
productivity change for 1993 and incorporate it, along with previously 
calculated data, into a 1989-1993 (5-year) average. Estimated average 
productivity growth is 1.097 for 1993. Estimated annual productivity 
for the 5-year 1989-1993 period is 1.059 or 5.9% per year. Because the 
methodology for calculating the productivity adjustment and the length 
of the averaging period have already been adopted, comments are limited 
to data and computational errors.

DATES: Comments are due March 6, 1995.

FOR FURTHER INFORMATION CONTACT: Robert C. Hasek, [phone] or H. 
Jeff Warren, [phone]. (TDD for the hearing impaired: (202) 927-
5721).

SUPPLEMENTARY INFORMATION: The Rail Cost Adjustment Factor is a 
quarterly index that measures changes in railroad expenses. A 
productivity adjustment is used to adjust the quarterly Rail Cost 
Adjustment Factor for productivity improvements.
    Additional information is contained in the Commission's decision. 
To purchase a copy of the full decision write to, call or pick up in 
person from: Dynamic Concepts, Inc., Room 2229, Interstate Commerce 
Commission Building, 1201 Constitution Ave., NW., Washington DC 20423, 
or telephone [phone]. (Assistance for the hearing impaired 
is available through TDD Services at [phone]).

    Decided: February 9, 1995.

    By the Commission, Chairman McDonald, Vice Chairman Morgan, and 
Commissioners Simmons and Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 95-4579 Filed 2-23-95; 8:45 am]
BILLING CODE 7035-01-P