by Jeff Smith
Wut? http://railfan.com/montana-rail-link-on ... the-rules/
The U.S. Surface Transportation Board is considering changing the revenue thresholds that designate a railroad as a Class One carrier because Montana Rail Link — a 900-mile regional railroad connecting Montana and Idaho — is on the cusp of becoming one.
Currently, any railroad with operating revenues of $489,935,956 or more is designated a Class One (The thresholds were last set by the Interstate Commerce Commission in 1992 and have been adjusted for inflation). But MRL, which relies heavily on traffic from BNSF Railway, could be making more than that within the next two years, according to a petition for rulemaking filed in February. MRL is asking that the revenue threshold be increased to $900 million. In its petition, the railroad notes that in 2018, the average operating revenue for Class One railroads was more than 27 times MRL’s total revenue for that year.
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Next stop, Willoughby
~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
YouTube Instagram Facebook