Board Directs Canadian Pacific, BNSF to Provide Fertilizer Delivery Plans, Weekly Status Reports
On April 15, 2014, the Board directed the Canadian Pacific Railway Company and BNSF Railway Company to report their plans to ensure delivery of fertilizer shipments for spring planting of U.S. crops, and, beginning April 25, 2014, to provide weekly status reports for six weeks regarding fertilizer delivery over their respective networks. To view the Board's decision, click here.
Final Rules: Demurrage Liability
“Demurrage” is a charge a railroad assesses a person receiving railcars when that person holds railcars, at origin or destination, beyond an initial period of “free time” allowed for the loading or unloading. The Board has adopted final rules stating who may charge, and who is subject to, demurrage, and what notice must be provided before demurrage can be assessed. The Board has also clarified its interpretation of the law governing liability for payment. To view the Board’s decision, click here. To view a compliance guide, click here.
Now Available: 2012 URCS Data, 2010 & 2011 URCS Data Revisions, 2012 Public Use Waybill Sample
The Board has made available 2012 Uniform Railroad Costing System (URCS) data, and the 2012 Public Use Waybill Sample. The Board also re-released the 2010 and 2011 URCS. The Board’s annual URCS updates for 2010 and 2011 were revised to reflect restated data relative to the BNSF Railway’s (BNSF) compliance with the Board’s July 25, 2013 decision, in Finance Docket 35506, regarding Berkshire Hathaway, Inc.’s purchase of BNSF.
To view the 2012 URCS and revised 2010 and 2011 URCS, click here.
To view the Public Use Waybill Sample, click here.
Revised Revenue Adequacy Determinations
The Board has issued revised annual determinations of railroad revenue adequacy for 2010-12. To view those decisions, click on the respective links: 2010, 2011, and 2012.
Cost of Capital Methodology
The Board opened a proceeding in response to the Western Coal Traffic League’s request to abolish the use of a multi-stage discounted cash flow (MSDCF) model in determining the railroad industry’s cost of equity capital. To view the decision, click here.
Got a Complaint?
Need help from the Board without filing a formal complaint? The Rail Customer and Public Assistance team offers a free, confidential avenue to settle disputes between shippers and railroads. Read more about the program here.