(Source: Trains Magazine, September 6, 2022)
WASHINGTON, D.C. — Five of the seven Class I railroads operating in the U.S. were revenue adequate in 2021, the Surface Transportation Board said on Tuesday. Being revenue adequate means a 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 average cost of capital was 10.37% last year, the STB concluded.
Full story: Trains Magazine