[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)] [Notices] [Pages 66715-66716] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-33235] ----------------------------------------------------------------------- DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Ex Parte No. 290 (Sub No. 5) (98-1)] Quarterly Rail Cost Adjustment Factor
Agency
Surface Transportation Board; DOT.
Action
Approval of rail cost adjustment factor.
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Summary
The Board has approved the rebased first quarter 1998 rail cost adjustment factor (RCAF) and cost index filed by the Association of American Railroads. As required by statute, the RCAF was rebased using the fourth quarter 1997 index value as the denominator and first quarter 1998 index value as the numerator (10/1/97=1.00). Rebasing is required every five years. The rebased first quarter 1998 RCAF (Unadjusted) is 0.996. The rebased first quarter 1998 RCAF (Adjusted) is 0.657. The rebased first quarter 1998 RCAF-5 is 0.640.
EFFECTIVE DATE: January 1, 1998.
For Further Information Contact
H. Jeff Warren, (202) 565-1549. TDD for the hearing impaired: (202) 565-1695.
Supplementary Information
Additional information is contained in the Board's decision. To purchase a copy of the full decision, write to, call, or pick up in person from: DC NEWS & DATA, INC., Suite 210, 1925 K Street, NW, Washington, DC 20423, telephone (202) 289-4357. (Assistance for the hearing impaired is available through TDD services (202) 565-1695.) This action will not significantly affect either the quality of the human environment or energy conservation. Pursuant to 5 U.S.C. 605(b), we conclude that our action will not have a significant economic impact on a substantial number of small entities within the meaning of the Regulatory Flexibility Act.
Decided: December 12, 1997.
By the Board, Chairman Morgan and Vice Chairman Owen. Vernon A. Williams, Secretary. [FR Doc. 97-33235 Filed 12-18-97; 8:45 am] BILLING CODE 4915-00-P