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STB reveals three Class Is were ‘revenue adequate’ in 2018

(Source: Progressive Railroading 09/09/2019) The Surface Transportation Board (STB) announced last week that the Class Is that achieved “revenue adequacy” in 2018 were CSX, Canadian Pacific‘s Soo Line Corp. and Union Pacific Railroad. A railroad is considered to be revenue adequate if it achieves a rate of return on net investment equal to at least the current cost of capital…

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