2026-11395NoticeWallet

Board Publishes 2025 Tax Data for Railroads

Published Date: 6/8/2026

Notice

Summary

The Surface Transportation Board is sharing the 2025 state tax rates for big railroads to help figure out fair shipping prices. These updated tax numbers affect Class I railroads and will be used to check if their rates are reasonable. If you’re involved with rail shipping, keep an eye out—these changes could impact costs starting in 2025.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

2025 State Tax Rates for Class I Railroads

The Surface Transportation Board published the 2025 weighted average state tax rates for each Class I railroad to be used in the Revenue Shortfall Allocation Method (RSAM) when deciding if challenged rail rates are reasonable. The 2025 rates are: BNSF 4.687% (2024: 4.739; change -0.052), CSX 5.055% (5.118; -0.063), Grand Trunk 7.464% (7.575; -0.111), Canadian Pacific Kansas City 5.991% (6.178; -0.187), Norfolk Southern 5.198% (5.265; -0.067), and Union Pacific 4.925% (5.035; -0.110). Comments on these calculations are due by July 8, 2026; if no comments are filed, the Board will automatically adopt the rates effective July 9, 2026.

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Key Dates

Published Date
Effective Date
6/8/2026
7/9/2026

Department and Agencies

Department
Independent Agency
Agency
Surface Transportation Board
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