Railroad Classification

{
  "id": "MLC-T-ENV-023064",
  "term": "Railroad Classification",
  "field": "Environment",
  "definition": "Division of railroad industry operating companies by the Interstate Commerce Commission into three categories. As of 1978, Class I railroads must have annual revenues of $50 million or greater, Class II railroads must have annual revenues of between $10 and $50 million, and Class III railroads must have less than $10 million in annual revenues.",
  "references": [
    "40 CFR 201.1 (CFR 2013)"
  ],
  "url": "https://mlchart.com/terminology/environment/railroad-classification/"
}