Criteria
The Surface Transportation Board is responsible for defining the bounds of each railroad class. The bounds are typically redefined every several years, to adjust for inflation and other factors. The last major change of the upper bound for a Class II railroad was in 1992; this changed the Florida East Coast Railway from a Class I railroad to Class II. A previous change in 1991 prevented two railroads, Montana RailLink and Wisconsin Central, from being classified as Class I railroads; this change was made at the request of the two railroads involved, as they did not wish to take on the extra cost and paperwork associated with Class I status. Changes since have been adjustments for inflation.
Read more about this topic: Class II Railroad
Famous quotes containing the word criteria:
“We should have learnt by now that laws and court decisions can only point the way. They can establish criteria of right and wrong. And they can provide a basis for rooting out the evils of bigotry and racism. But they cannot wipe away centuries of oppression and injustice—however much we might desire it.”
—Hubert H. Humphrey (1911–1978)
“There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the system’s ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
—H.L.A. (Herbert Lionel Adolphus)
“Every sign is subject to the criteria of ideological evaluation.... The domain of ideology coincides with the domain of signs. They equate with one another. Wherever a sign is present, ideology is present, too. Everything ideological possesses semiotic value.”
—V.N. (Valintin Nikolaevic)