Search Results for keywords:"Surface Transportation Board"

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Search Results: keywords:"Surface Transportation Board"

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  • 2024-31460 — Dover and Delaware River Railroad, LLC-Lease and Operation Exemption Including Interchange Commitment-Norfolk Southern Railway Company
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    Type:Notice
    Citation:90 FR 124
    Reading Time:about 2 minutes

    Dover and Delaware River Railroad, LLC (DDRR), a small railway company, plans to amend its lease agreement with Norfolk Southern Railway Company. This change will not turn DDRR into a larger rail carrier and will involve an interchange commitment. The transaction is set to take effect on January 16, 2025, and people can contest it by filing petitions before that date. The project is exempt from environmental and historical reviews, according to federal regulations.

    Simple Explanation

    Dover and Delaware River Railroad is planning to change its lease deal with Norfolk Southern Railway so they can keep working together, and people who want to say something about it have until January 16, 2025, to do so. The deal doesn't need special environmental or history checks, and it's not going to make Dover and Delaware a big train company.

  • 2021-01356 — San Joaquin Valley Railroad Co.-Lease and Operation Exemption Including Interchange Commitment-Union Pacific Railroad Company
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    Type:Notice
    Citation:86 FR 6731
    Reading Time:about 3 minutes

    San Joaquin Valley Railroad Co. (SJVR) has filed a notice to continue leasing and operating 101.5 miles of rail lines from Union Pacific Railroad Company (UP). This new lease replaces a previous one from 1994 and includes an interchange commitment. SJVR ensures its revenue won’t exceed the limit for a Class III carrier but admits it currently surpasses $5 million, for which it seeks a waiver on the 60-day labor notice period. This request will be reviewed separately by the Surface Transportation Board, which will set the exemption's effective date.

    Simple Explanation

    San Joaquin Valley Railroad is asking to keep using a train track from another company and promises to play fair with other train lines, but they make more money than some small train companies usually do. They want permission to skip telling the workers ahead of time, which is normally required, and people are looking carefully at this and also how this affects other train businesses.

  • 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.

  • 2025-00068 — Carload Express, Inc.-Control Exemption-The Maryland and Delaware Railroad Company
    Type:Notice
    Citation:90 FR 1220
    Reading Time:about 8 minutes

    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.

    Simple Explanation

    Imagine Carload Express is like a group that looks after different toy trains. They want to look after one more toy train called Maryland and Delaware. The board that checks if it's okay says it's fine because it won't change how the toys work together or who can play with them.

  • 2021-03932 — Arkansas Southern Railroad, L.L.C.-Lease Exemption With Interchange Commitment-The Kansas City Southern Railway Company
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    Type:Notice
    Citation:86 FR 11820
    Reading Time:about 2 minutes

    Arkansas Southern Railroad, L.L.C. (ARS) has filed for an exemption to extend and amend its lease agreements with The Kansas City Southern Railway Company (KCS) for two railroad lines. The amendments, agreed upon in July 2020, will extend the lease until November 30, 2034, and include a commitment related to train interchange. ARS confirms this transaction won't increase their annual revenues beyond $5 million or change their carrier classification. Petitions to challenge the exemption can be submitted, with the earliest transaction effective date being March 14, 2021.

    Simple Explanation

    Arkansas Southern Railroad wants to keep using some train tracks owned by another train company, and they've agreed to use them until the year 2034. They're making a promise about how they share train tracks, but they haven't told us exactly what that promise is.

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