Does the Surface Transportation Board (STB) require financial and statistical reports from all railroads in the United States?
Answer. The STB’s power to collect railroad financial and statistical data is strictly limited by statute to information essential to the economic oversight of the industry. For purposes of accounting and reporting, carriers are grouped into three (3) classes. Class I carriers are required to maintain the USOA contained in the Code of Federal Regulations, Title 49, Part 1201 as well as file both annual and quarterly financial and statistical information with the STB. Class II and Class III carriers have no accounting or reporting obligations with the STB.
Related Questions
- What financial and statistical documents are required of Class I railroads by the Surface Transportation Board and when are they due?
- Does the Surface Transportation Board (STB) require financial and statistical reports from all railroads in the United States?
- What financial and statistical reports are prepared by the STB?
