Search Results for keywords:"49 U.S.C. 11323"

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Search Results: keywords:"49 U.S.C. 11323"

  • Type:Notice
    Citation:86 FR 7452
    Reading Time:about 2 minutes

    Paul Didelius, a noncarrier individual, has filed a notice to maintain control over RYAL, LLC once it becomes a Class III rail carrier. This is linked to a separate notice for RYAL to lease and operate a 26-mile rail line in Washington. Didelius confirms that none of the rail systems he controls connect physically and that they are all Class III carriers, which exempts the transaction from certain regulatory approvals. The public can file disputes or petitions related to this exemption, but it won't automatically stop the exemption from taking effect.

    Simple Explanation

    Paul wants to keep an eye on a small train company called RYAL, but some people are worried about what that means. He promises it won't mess up any bigger train plans, and people can say if they think it's a bad idea.