OPSEU Pension Plan Trust Fund, Jaguar Transport Holdings, LLC, and Jaguar Rail Holdings, LLC have applied for permission to continue overseeing Kansas City West Bottoms Railroad, LLC, once it starts operating as a Class III rail carrier. This exemption would allow Kansas City West Bottoms Railroad to take over a short stretch of rail line from its current operator, Union Pacific Railroad Company, without needing additional approvals. The transaction, which doesn’t involve connecting to other Jaguar-owned railroads or using a Class I carrier, is set to become effective on March 5, 2025. It's also noted that the action doesn't require an environmental or historic preservation review.
Simple Explanation
OPSEU Pension Plan, along with Jaguar Transport and Jaguar Rail, want to keep helping a little train company called Kansas City West Bottoms Railroad take care of a short train track without needing extra help from big train bosses. They say this change is safe for the environment and for old buildings, but some grown-ups have questions about money and fairness.