What is the history of general purpose costing systems for railroads?
Answer. The Interstate Commerce Commission (ICC) developed a railroad costing model in 1938 know as Rail Form A. Congress called for revision to RFA in the 1970’s. URCS was developed in the late 1970’s and early 1980’s and review by the Railroad Accounting Standards Board (RAPB). URCS was adopted by the ICC in 1989 in Ex Parte No. 431 as the ICC’s general purpose costing system and the ICC termination Act of 1995 retained the provision that the market dominance determination be base on URCS costs. 10707(d)(1)(B).
