Railroad Revenues: Analysis of Alternative Methods To Measure Revenue Adequacy
RCED-87-15BR
Published: Oct 02, 1986. Publicly Released: Dec 22, 1986.
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Highlights
Pursuant to a congressional request, GAO provided information on the Interstate Commerce Commission's (ICC) implementation of the railroad revenue adequacy provisions of the Staggers Rail Act of 1980, focusing on: (1) recent trends in railroad financial indicators; (2) railroads' financial performance compared to other industries'; (3) how ICC measures revenue adequacy; (4) alternative approaches to measuring revenue adequacy; and (5) whether any railroads would be revenue-adequate if ICC used alternative approaches.
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