Search Results for citation:"90 FR 13819"

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Search Results: citation:"90 FR 13819"

  • Type:Notice
    Citation:90 FR 13819
    Reading Time:less than a minute

    The Surface Transportation Board has approved the Rail Cost Adjustment Factor (RCAF) for the second quarter of 2025. This factor, submitted by the Association of American Railroads, helps to measure the changes in costs for the nation's largest railroads over time. The Board reviewed and adopted three specific RCAF figures: an unadjusted figure of 0.945, an adjusted figure of 0.366, and an RCAF-5 value of 0.347. These decisions are applicable starting April 1, 2025.

    Simple Explanation

    The Surface Transportation Board decided that, starting April 1, 2025, train companies should use new cost numbers to help them calculate how much it costs to run trains across the country. These numbers come from a group that looks after train businesses, and they tell companies if costs are going up or down.

  • Type:Notice
    Citation:90 FR 13819
    Reading Time:about 2 minutes

    American Services Rail, LLC (ASR), a noncarrier, has submitted a notice to lease and operate a small rail line in Mississippi currently operated by Chicago, Rock Island & Pacific Railroad, LLC (CRIP). The arrangement allows ASR to function as a common carrier on a specific section and as a contract carrier on additional tracks. ASR affirms that no interchange commitments are involved and that the transaction will not lead to it becoming a larger rail carrier. The transaction is set to take effect on April 9, 2025, with legal precautions in place if any misleading information is found.

    Simple Explanation

    American Services Rail, LLC wants to use a train track in Mississippi that another company is using, and they're telling everyone that it's okay because they're following the rules. They promise not to become a big train company and will start this change on April 9, 2025, unless something tricky comes up.