Thanks to Chris / CopCarSS for my avatar.
QUOTE: Originally posted by nanaimo73 The change in 1992 saved estimated reporting costs of $115,000 (per year) for MRL, $80,000 for WC, $100,000 for DM&IR and $50,000 for C&NW's WRPI.
QUOTE: Originally posted by arbfbe Class 1, Class 2 or Class ??? have nothing to do with unions or lack there of or the FRA. They are strictly ICC and now STB reporting clasifications based upon revenues which were chosen as a pretty good predictor or rail miles and employment levels. The revenue levels were raised at the request of the MRL and WC and perhaps a couple of others W&LE? account they had not been adjusted for a long time and inflation had taken it's toll. Some roads that should not even be close to Class 1 status were soon going to be forced to add lots of accounting staff to meet the requirements. You can always poke around at www.stb.gov or www.fra.gov for more information. I am not sure these are the correct links but if you Google for these governmental agencies you will find the correct ones.
Collin ,operator of the " Eastern Kentucky & Ohio R.R."
QUOTE: Originally posted by Murphy Siding In his book "Burlington Northern and its Heritage", author Steve Glischinski has a 3 page sidebar about regionals and spinn-offs. He states: " Montana Rail Link ........revenues qualify it as a Class 1 carrier by the ICC. This classification caries with it a considerable (and costly) amount of paperwork, so the road requested an exemption from its reporting requirements" What exactly is the difference in paperwork that is considerable and costly? And, can any of the *other* Class 1 's ask for the exemption? Thanks
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