Attached are the documents and spreadsheets I put together today that we discussed this morning.
The first document, Annual Depreciation Expense per Locomotive, shows various methods used to find rates and calculate leasing costs for locomotives. Pages 2-5 also provide example documentation for these rates. In this case the UP Depreciation Expense exceeds the AAR’s West Index in some cases, while CSXT’s expenses are significantly lower than the AAR’s East Index.
The next document is a consolidation of the spreadsheet Kaustuv sent earlier. For each railroad with either originating or terminating carloads over 20,000 I looked up the number of direct connecting railroads from the AAR handout. In many cases the 1994 short line and regional