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In the United States, a Class II railroad, sometimes referred to as a regional railroad, is a railroad company that is not Class I, but still has a substantial amount of traffic or trackage (and is thus not a short line). The Association of American Railroads (AAR) has defined the lower bound as 350 miles (560 km) of track or $40 million in annual operating revenue. [1] (The Class I threshold is $250 million, adjusted for inflation since 1991. [2] ). As of 2021 [update] , a Class II railroad in the United States has an operating revenue greater than $39.2 million but less than $489.9 million. [3]
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