Search Results for citation:"90 FR 14177"

Santa Maria Valley Railroad, LLC (SMVR), which is not currently a rail carrier, plans to acquire and operate two rail lines in Santa Barbara County, California. They intend to: (1) buy a line from Coast Belle Rail, LLC, and (2) take over the operation of another line leased from Union Pacific Railroad Company. This change means that SMVR will take over from Coast Belle as the common carrier, but their revenues are expected to remain under $5 million. The transaction is anticipated to start on or after April 12, 2025, and is exempt from certain environmental and historic preservation reviews.

OmniTRAX Holdings Combined, Inc. and HGS Railway Holdings, Inc., together known as Omni-HGS, have filed a notice to continue controlling the Santa Maria Valley Railroad, LLC (SMVR), which will become a Class III rail carrier. This transaction is part of a plan where SMVR will acquire and operate certain railway lines in California, without connecting to other lines within Omni-HGS's ownership. The transaction is exempt from prior approval requirements because it involves only Class III carriers. Any petitions related to this notice must be submitted to the Surface Transportation Board, and the action is considered exempt from environmental and historical reporting requirements.