Surface Transportation Board Reaffirms Two-Model Approach in Determining Cost of Capital for Railroad Industry – Lexology (registration)

Surface Transportation Board Reaffirms Two-Model Approach in Determining Cost of Capital for Railroad Industry
Lexology (registration)
The Surface Transportation Board (STB) rejected an effort by a rail shipper organization to change the method of estimating the railroad industry's cost of capital. The STB uses its annual estimates of the industry's cost of capital for a variety of