83 FR 6304 - Railroad Cost Recovery Procedures-Productivity Adjustment

SURFACE TRANSPORTATION BOARD

Federal Register Volume 83, Issue 30 (February 13, 2018)

Page Range		6304-6304
FR Document		2018-02888

In a decision served on February 8, 2018, the Board proposed to adopt 0.996 (-0.4% per year) as the measure of average (geometric mean) change in railroad productivity for the 2012-2016 (five-year) period. This represents an increase of 0.3% from the average for the 2011-2015 period. The Board's February 8, 2018 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, 2018.

Federal Register, Volume 83 Issue 30 (Tuesday, February 13, 2018)

[Federal Register Volume 83, Number 30 (Tuesday, February 13, 2018)]
[Notices]
[Page 6304]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02888]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 290 (Sub-No. 4)]


Railroad Cost Recovery Procedures--Productivity Adjustment

AGENCY: Surface Transportation Board.

ACTION: Proposed railroad cost recovery procedures productivity 
adjustment.

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SUMMARY: In a decision served on February 8, 2018, the Board proposed 
to adopt 0.996 (-0.4% per year) as the measure of average (geometric 
mean) change in railroad productivity for the 2012-2016 (five-year) 
period. This represents an increase of 0.3% from the average for the 
2011-2015 period. The Board's February 8, 2018 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, 
2018.

DATES: The productivity adjustment is effective March 1, 2018. Comments 
are due by February 23, 2018.

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, (202) 245-0322. Federal 
Information Relay Service (FIRS) for the hearing impaired, (800) 877-
8339.

SUPPLEMENTARY INFORMATION: Additional information is contained in the 
Board's decision, which is available on the Board's website at http://www.stb.gov. Copies of the decision may be purchased by contacting the 
Board's Office of Public Assistance, Governmental Affairs, and 
Compliance at (202) 245-0236.

    Decided: February 7, 2018.

    By the Board, Board Members Begeman and Miller.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2018-02888 Filed 2-12-18; 8:45 am]
 BILLING CODE 4915-01-P

6304 Federal Register / Vol. 83, No. 30 / Tuesday, February 13, 2018 / Notices

SUMMARY: The Board is instituting a SURFACE TRANSPORTATION BOARD ACTION: Fifty Sixth RTCA SC–224
proceeding to determine the railroad Standards for Airport Security Access
[Docket No. EP 290 (Sub-No. 4)]
industry’s cost of capital for 2017. The Control Systems Plenary.
decision solicits comments on the Railroad Cost Recovery Procedures—
following issues: The railroads’ 2017 Productivity Adjustment SUMMARY: The FAA is issuing this notice
current cost of debt capital; the to advise the public of a meeting of Fifty
railroads’ 2017 current cost of preferred AGENCY: Surface Transportation Board. Sixth RTCA SC–224 Standards for
equity capital (if any); the railroads’ ACTION:Proposed railroad cost recovery Airport Security Access Control
2017 cost of common equity capital; and procedures productivity adjustment. Systems Plenary.
the 2017 capital structure mix of the SUMMARY: In a decision served on DATES: The meeting will be held March
railroad industry on a market value February 8, 2018, the Board proposed to 29, 2018, 10:00 a.m.–1:00 p.m.
basis. Comments should focus on the adopt 0.996 (¥0.4% per year) as the
various cost of capital components measure of average (geometric mean) ADDRESSES: The meeting will be held at:
listed above using the same change in railroad productivity for the RTCA Headquarters, 1150 18th Street
methodology followed in Railroad Cost 2012–2016 (five-year) period. This NW, Suite 910, Washington, DC 20036.
of Capital—2016, EP 558 (Sub-No. 20) represents an increase of 0.3% from the FOR FURTHER INFORMATION CONTACT:
(STB served Aug. 7, 2017). average for the 2011–2015 period. The Karan Hofmann at khofmann@rtca.org
Board’s February 8, 2018 decision in or 202–330–0680, or The RTCA
DATES: Notices of intent to participate
this proceeding stated that comments Secretariat, 1150 18th Street NW, Suite
are due by March 30, 2018. Statements
may be filed addressing any perceived 910, Washington, DC 20036, or by
of the railroads are due by April 20, data and computational errors in the telephone at (202) 833–9339, fax at (202)
2018. Statements of other interested Board’s calculation. It also stated that, if 833–9434, or website at http://
persons are due by May 11, 2018. there were no further action taken by www.rtca.org.
Rebuttal statements by the railroads are the Board, the proposed productivity
due by June 1, 2018. adjustment would become effective on SUPPLEMENTARY INFORMATION: Pursuant
ADDRESSES: Comments may be March 1, 2018. to section 10(a)(2) of the Federal
submitted either via the Board’s e-filing DATES: The productivity adjustment is Advisory Committee Act (Pub. L. 92–
system or in the traditional paper effective March 1, 2018. Comments are 463, 5 U.S.C., App.), notice is hereby
format. Any person using e-filing should due by February 23, 2018. given for a meeting of the Fifty Sixth
ADDRESSES: Send comments (an original RTCA SC–224 Standards for Airport
comply with the instructions at the
and 10 copies) referring to Docket No. Security Access Control Systems
E-FILING link on the Board’s website, at
EP 290 (Sub-No. 4) to: Surface Plenary. The agenda will include the
http://www.stb.gov. Any person
Transportation Board, 395 E Street SW, following:
submitting a filing in the traditional
paper format should send an original Washington, DC 20423–0001. 1. Welcome/Introductions/
and 10 copies to: Surface Transportation FOR FURTHER INFORMATION CONTACT: Administrative Remarks
Board, Attn: Docket No. EP 558 (Sub- Michael Smith, (202) 245–0322. Federal 2. Review/Approve Previous Meeting
No. 21), 395 E Street SW, Washington, Information Relay Service (FIRS) for the Summary
DC 20423–0001. hearing impaired, (800) 877–8339.
3. TSA Report
SUPPLEMENTARY INFORMATION:
FOR FURTHER INFORMATION CONTACT: Additional information is contained in 4. Report on Document Distribution
Pedro Ramirez at (202) 245–0333. the Board’s decision, which is available Mechanisms
Assistance for the hearing impaired is on the Board’s website at http:// 5. Report on the New Guidelines and
available through the Federal www.stb.gov. Copies of the decision may Other Safe Skies Reports
Information Relay Service (FIRS) at be purchased by contacting the Board’s
1–800–877–8339. 6. Discussion on DO–230I
Office of Public Assistance,
Governmental Affairs, and Compliance 7. Decision To Approve Release of DO–
SUPPLEMENTARY INFORMATION: The 230I for Final Review and Comment
Board’s decision is posted on the at (202) 245–0236.
(FRAC)
Board’s website, http://www.stb.gov. Decided: February 7, 2018.
Copies of the decision may be By the Board, Board Members Begeman 8. Discussion on Terms of Reference
purchased by contacting the Board’s and Miller. (TOR) and DO–230J Revision
Office of Public Assistance, Jeffrey Herzig, 9. Action Items for Next Meeting
Governmental Affairs, and Compliance Clearance Clerk. 10. Time and Place of Next Meeting
at (202) 245–0238. Assistance for the [FR Doc. 2018–02888 Filed 2–12–18; 8:45 am]
11. Any Other Business
hearing impaired is available through BILLING CODE 4915–01–P
FIRS at 1–800–877–8339. 12. Adjourn
Authority: 49 U.S.C. 10704(a). Attendance is open to the interested
DEPARTMENT OF TRANSPORTATION public but limited to space availability.
Decided: February 7, 2018.
With the approval of the chairman,
By the Board, Board Members Begeman Federal Aviation Administration members of the public may present oral
sradovich on DSK3GMQ082PROD with NOTICES

and Miller. statements at the meeting. Persons
Jeffrey Herzig,
Fifty Sixth RTCA SC–224 Standards for
Airport Security Access Control wishing to present statements or obtain
Clearance Clerk. Systems Plenary information should contact the person
[FR Doc. 2018–02886 Filed 2–12–18; 8:45 am] listed in the FOR FURTHER INFORMATION
BILLING CODE 4915–01–P
AGENCY: Federal Aviation CONTACT section. Members of the public
Administration (FAA), U.S. Department may present a written statement to the
of Transportation (DOT). committee at any time.

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Document Created: 2018-02-13 02:32:38
Document Modified: 2018-02-13 02:32:38

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Proposed railroad cost recovery procedures productivity adjustment.
Dates		The productivity adjustment is effective March 1, 2018. Comments are due by February 23, 2018.
Contact		Michael Smith, (202) 245-0322. Federal Information Relay Service (FIRS) for the hearing impaired, (800) 877- 8339.
FR Citation		83 FR 6304