The Surface Transportation Board announced Tuesday, Sept. 2, 2014, that it has found five U.S. Class I railroad properties to be “revenue adequate for the year 2013, meaning that five of the Class I railroads achieved a rate of return equal to or greater than the Board’s calculation of the average cost of capital to the freight rail industry.”
The railroads STB cited are: BNSF Railway Co., Grand Trunk Corp. (U.S. affiliates of of Canadian National), Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corp. (U.S. affiliates of Canadian Pacific), and Union Pacific Railroad Co.
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