WASHINGTON, March 5 -- Surface Transportation Board has issued a notice called: Railroad Cost Recovery Procedures-Productivity Adjustment.
The notice was published in the Federal Register on March 5 by Jeffrey Herzig, Clearance Clerk.
Summary: In a decision served on February 28, 2025, the Board proposed to adopt 1.014 (1.4% per year) as the measure of average (geometric mean) change in railroad productivity for the 2019-2023 (five-year) period. The Board's February 28, 2025 decision stated that comments may be filed addressing any perceived data and computational errors in the Board's calculation. The decision also stated that, unless a further order is issued postponing the effective date, the decision will take effect on March 20, 2025...