• Regulatory requirements of Class Is vs Class IIs

  • For topics on Class I and II passenger and freight operations more general in nature and not specifically related to a specific railroad with its own forum.
For topics on Class I and II passenger and freight operations more general in nature and not specifically related to a specific railroad with its own forum.

Moderator: Jeff Smith

  by MattW
 
I was doing a little research the other day on Class I and Class II railroads and I know the definition has been changed several times, and may be a gain, because a few Class II railroads don't want to be reclassified as Class Is because of "increased regulatory requirements." My question is, what requirements? I can see something like FEC that runs intrastate (with interstate connections), but for other Class IIs that have interstate trackage, what would change?
  by Gilbert B Norman
 
Railway Operating Revenues is the measuring stick. I can remember when a Class I with $1M (that's "Million with an M") was the threshold. Suffice to say, it's a "mite bit higher" nowadays.