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.