STB Says CSX was Revenue Adequate in 2018

Three Class 1 railroads, including CSX, have been found by the U.S. Surface Transportation Board to have been revenue adequate in 2018.

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 for the railroad industry.

In 2018 the STB determined that to be 12.22 percent.

Also found to have been revenue adequate last year were Canadian Pacific’s Soo Line Corporation and Union Pacific.

The STB said CSX, UP and Soo Line achieved a rate of return on net investment equal to or greater than the agency’s calculation of the railroad industry’s cost of capital.

Tags: Canadian Pacific, CSX, STB revenue adequate figures, U.S. Surface Transportation Board, Union Pacific