Type:Notice
Citation:90 FR 2060
Reading Time:less than a minute
The Surface Transportation Board is starting a process to figure out the railway industry's cost of capital for the year 2024. They are looking for comments on several aspects, including the cost of debt, preferred equity, common equity capital, and the overall capital structure of the railroads. People interested in participating need to submit their intent by February 21, 2025, and various statements are due on specific dates in March and April 2025. For more information, contact Pedro Ramirez or visit the Board's website.
Simple Explanation
The Surface Transportation Board wants to figure out how much it costs for trains to borrow or use money in 2024. They are asking people to share their ideas about this by certain dates in 2025.