Search Results for keywords:"rail lines"

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Search Results: keywords:"rail lines"

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  • 2021-00773 — Dakota Northern Railroad, Inc.-Lease and Operation Exemption-Rail Lines of BNSF Railway Company
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    Type:Notice
    Citation:86 FR 4170
    Reading Time:about a minute or two

    Dakota Northern Railroad, Inc. (DN), a small Class III railroad, plans to lease and operate two rail lines from BNSF Railway Company in North Dakota. The rail lines extend 59.84 miles near Grafton, Walhalla, and St. Thomas, ND. DN is continuing an existing lease and expects to finalize the new lease terms before the current one expires on January 31, 2021, without any interchange commitments. The Surface Transportation Board notes that the transaction may proceed from January 29, 2021, and it won't lead to DN becoming a larger Class I or II rail carrier.

    Simple Explanation

    Dakota Northern Railroad is planning to borrow some train tracks from a big company called BNSF to run their trains for a while near places called Grafton, Walhalla, and St. Thomas in North Dakota. They’ll start this new plan at the end of January, and it's okay because it won’t change them into a bigger train company or affect the environment in a big way.

  • 2025-05402 — Santa Maria Valley Railroad, LLC-Acquisition and Change of Operator Exemption-Railroad Lines of Coast Belle Rail, LLC, and Union Pacific Railroad Company, in Santa Barbara County, Cal.
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    Type:Notice
    Citation:90 FR 14177
    Reading Time:about 3 minutes

    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.

    Simple Explanation

    A company called Santa Maria Valley Railroad is planning to take over two train tracks from other companies in California. They will start running the trains soon, but they are not expected to make a lot of money from it.