Search Results for citation:"90 FR 2060"

The Surface Transportation Board is starting a process to figure out the railway industry's cost of capital for the year 2024. They are looking for comments on several aspects, including the cost of debt, preferred equity, common equity capital, and the overall capital structure of the railroads. People interested in participating need to submit their intent by February 21, 2025, and various statements are due on specific dates in March and April 2025. For more information, contact Pedro Ramirez or visit the Board's website.

BNSF Railway Company has filed a notice of exemption to obtain temporary, restricted trackage rights over two rail lines owned by Union Pacific Railroad Company in California. These trackage rights will allow BNSF to transport empty and loaded ballast trains to and from a ballast pit near the lines. The agreement for these rights is set to expire on December 31, 2025. The Surface Transportation Board is handling this case, and interested parties may file relevant petitions or documents related to this matter.

Avalon Motor Coaches, LLC, along with its affiliates, is planning to acquire most of the assets and contracts of Rose Chauffeured Transportation, Inc. The Surface Transportation Board has tentatively approved this transaction, stating it aligns with the public interest. Comments on the deal are invited until February 24, 2025; if none are received, the approval will become final on February 25, 2025. Avalon plans to maintain the current workforce of Rose and aims to improve service efficiency by integrating Rose's services with its own.