A Class II railroad in the United States is a mid-sized freight-hauling railroad, in terms of its operating revenue. The United States of America —commonly referred to as the As of 2006, a railroad with revenues greater than $20. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. 5 million but less than $277. 7 million for at least three consecutive years is considered a Class II railroad. Switching and terminal railroads are excluded from Class II status.
Railroads considered by the Association of American Railroads as "Regional Railroads" are typically Class II railroads. The Association of American Railroads is an industry trade group representing primarily the major freight railroads of
Criteria
The Surface Transportation Board is responsible for defining the bounds of each railroad class. The Surface Transportation Board (STB of the United States was created by the Interstate Commerce Commission Termination Act of 1995 at the same time the The bounds are typically redefined every several years, to adjust for inflation and other factors. The last major change of the upper bound for a Class II railroad was in 1992; this changed the Florida East Coast Railway from a Class I railroad to a Class II. The Florida East Coast Railway is a Class II railroad operating in the U A Class I railroad in the United States and Mexico, or a Class I rail carrier in Canada, is a large freight Railroad, as classified [1] A previous change in 1991 prevented two railroads, Montana RailLink and Wisconsin Central, from being classified as Class I railroads; this change was made at the request of the two railroads involved, as they did not wish to take on the extra cost and paperwork associated with Class I status. [2] Changes since have been adjustments for inflation. In economics inflation or price inflation is a rise in the general level of prices of goods and services over a period of time
See also
References
- ^ "Arrivals and Departures" (November 1992). A Class I railroad in the United States and Mexico, or a Class I rail carrier in Canada, is a large freight Railroad, as classified A Class III railroad, as defined by the Surface Transportation Board, is a railroad with an annual operating Revenue of less than $20 million ( 1991 dollars As of 2004, a Class II railroad in the United States has an operating revenue greater than $20 Trains. Trains is a monthly magazine dedicated to Trains and railroads, and is one of the two flagship publications of Kalmbach Publishing.
- ^ "Arrivals and Departures" (March 1991). Trains. Trains is a monthly magazine dedicated to Trains and railroads, and is one of the two flagship publications of Kalmbach Publishing.
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