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The STB divides railroads into three classes based on their annual operating revenues:

• Class I – $447,621,226 or more
• Class II – $35,809,698.01 to $447,621,225.99
• Class III – $35,809,698 or less

[Read more…] about STB Railroad Classifications

• Class I Railroad:
  • Any railroad classified by the STB as Class I (2017 operating revenues > $447.6 million)
• Regional Railroad:
  • Must be non-Class I line-haul railroad
  • Annual revenues of at least $40 million
  • Or, annual revenues of at least $20 million and operating at least 350 miles of road
• Local Railroad:
  • Neither a Class I nor a Regional Railroad
  • Engaged primarily in line-haul service.
• Switching & Terminal Railroad:
  • A non-Class I railroad engaged primarily in switching and/or terminal services for other railroads.