Search Results for keywords:"Class III rail carrier"

East Chicago Rail Terminal, LLC (ECRT) is planning to acquire and operate a small section of railroad track from Chrome, LLC at East Chicago, Indiana. This track is 467 feet long and connects to the Indiana Harbor Belt Railroad. ECRT has agreed to this purchase and plans to use the track to provide common carrier rail service to Tri-Star DEF LLC without affecting any future agreements with other carriers. The acquisition is expected to be completed on or after February 26, 2021, and is exempt from environmental and historic reporting requirements.

SRC Railway LLC, a noncarrier company, has announced its plan to lease and operate a 4.25-mile stretch of rail line called the Strasburg Line in Lancaster County, Pennsylvania, from the Strasburg Rail Road Company. This action is part of a related notice that allows SRC to continue to control SRC Railway LLC once it starts functioning as a Class III rail carrier. The company assures that its annual revenue from this operation will not exceed $5 million, keeping it from advancing to a Class I or II rail carrier status. Any challenges to this lease exemption must be submitted by January 12, 2021, with the exemption's effective date being January 20, 2021.

The Surface Transportation Board has granted an exemption to Macquarie Infrastructure Partners V GP, LLC and other petitioners, allowing them to continue controlling North Florida Industrial Railroad, LLC (NFIR) when it becomes a Class III rail carrier. This decision was made because the exemption supports the Rail Transportation Policy by minimizing federal regulation and promoting efficient rail management. NFIR will lease and operate a track in Columbia County, Florida, connecting it to an existing rail line, which will expand transportation options for local businesses without negatively impacting any existing railway services. The effective date for this exemption is April 11, 2025.

Paul Didelius, a noncarrier individual, has filed a notice to maintain control over RYAL, LLC once it becomes a Class III rail carrier. This is linked to a separate notice for RYAL to lease and operate a 26-mile rail line in Washington. Didelius confirms that none of the rail systems he controls connect physically and that they are all Class III carriers, which exempts the transaction from certain regulatory approvals. The public can file disputes or petitions related to this exemption, but it won't automatically stop the exemption from taking effect.

North Florida Industrial Railroad, LLC (NFIR) has submitted a notice to lease and operate approximately 4,891 feet of inactive railroad track in Columbia County, Florida. This track connects the North Florida Mega Industrial Park with a rail line run by Florida Gulf & Atlantic Railroad. The lease will help the park's tenants by facilitating the shipment of goods. NFIR states that its projected revenues will remain under $5 million and that this arrangement will not affect its status as a Class III rail carrier. This plan is exempt from 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.

Strasburg Rail Road Company (SRC), a Class III rail carrier, has filed a notice seeking an exemption to maintain control over a new entity, SRC Railway LLC, as it becomes a rail carrier. Railway LLC plans to lease and operate a 4.25-mile rail line in Lancaster County, Pennsylvania, owned by SRC. This transaction is exempt from certain approval requirements because it involves only Class III carriers, and there is no connection outside the corporate family. The exemption could take effect as soon as January 20, 2021, unless any petitions to revoke it are filed by January 12, 2021.

Mingus Mountain Railroad, LLC (MMRL) has filed a notice to acquire and operate a 38.74-mile rail line from Clarkdale Arizona Central Railroad, L.C. (CACR) in Arizona. MMRL is not a carrier yet but plans to run regular train services and acquire additional trackage rights after this transaction, becoming a Class III rail carrier. They assure that their annual earnings will not exceed $5 million, preventing them from becoming a larger Class I or II carrier. The transaction could be finalized by March 30, 2025, unless issues arise with the details provided in the notice.

Kansas City West Bottoms Railroad, LLC (KCWB) is planning to lease and operate a section of railroad track from Union Pacific Railroad Company in the Kansas City area. The agreement will involve the State Line Yard Tracks and a portion of the KC Metro Big Mary Subdivision between two mileposts. This transaction is pending exemption approval and is part of a larger plan involving Jaguar companies, which intend to manage KCWB as a Class III rail carrier. The transaction is expected to be finalized after March 5, 2025, provided all legal requirements are met and any exemptions are not revoked.

Carload Express, Inc., a holding company that manages several rail carriers, filed a petition seeking exemption from prior approval requirements to acquire control of The Maryland and Delaware Railroad Company (MDDE), a Class III rail carrier. The Surface Transportation Board has agreed to grant this exemption, concluding that detailed review is unnecessary and that the acquisition aligns with U.S. rail transportation policy by fostering effective management and reducing regulatory hurdles. The acquisition aims to maintain current service without affecting competition, as MDDE and Delmarva Central Railroad Company, both under Carload’s control, do not serve the same industries and MDDE's connection to the national rail network will remain unchanged. Carload is required to inform shippers along relevant lines about the Board's decision, with the exemption effective from January 31, 2025.