Search Results for keywords:"railroad operation"

Found 2 results
Skip to main content

Search Results: keywords:"railroad operation"

  • Type:Notice
    Citation:86 FR 9420
    Reading Time:about a minute or two

    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.

    Simple Explanation

    East Chicago Rail Terminal, LLC is buying a tiny piece of train track in Indiana to help move goods for a company, and this deal is happening without needing to check on the environment or the train's history.

  • Type:Notice
    Citation:90 FR 14176
    Reading Time:about 2 minutes

    Central New York Railroad Corporation (CNY) is a small railroad company that continues to lease and operate a rail line from Norfolk Southern Railway Company, covering about 123.1 miles between New York and Pennsylvania. This notice states that CNY plans to amend their lease to extend the term and adjust renewal conditions, while keeping all other original terms in place. CNY assures that the transaction will not make it a larger railroad and estimates their earnings won't go beyond $5 million a year. The Surface Transportation Board will allow this change to be effective from April 12, 2025, unless any misleading information is found or if objections are filed in time.

    Simple Explanation

    Central New York Railroad Corporation is going to keep using and taking care of a train track that they borrow from another train company, but they want to change a few things about their agreement without making it any harder for them or growing too big. They promise it won't earn them more than $5 million each year, and they'll start the new plan on April 12, 2025, if nobody has a problem with it.