Search Results for keywords:"trackage rights"

Found 2 results

Search Results: keywords:"trackage rights"

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  • 2025-04051 — Mingus Mountain Railroad, LLC-Acquisition and Operation Exemption-Line of Clarkdale Arizona Central Railroad, L.C.
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    Type:Notice
    Citation:90 FR 12200
    Reading Time:about 2 minutes

    Mingus Mountain Railroad, LLC (MMRL) has filed a notice to acquire and operate a 38.74-mile rail line from Clarkdale Arizona Central Railroad, L.C. (CACR) in Arizona. MMRL is not a carrier yet but plans to run regular train services and acquire additional trackage rights after this transaction, becoming a Class III rail carrier. They assure that their annual earnings will not exceed $5 million, preventing them from becoming a larger Class I or II carrier. The transaction could be finalized by March 30, 2025, unless issues arise with the details provided in the notice.

    Simple Explanation

    Mingus Mountain Railroad wants to buy and run a train track from another company in Arizona to offer train rides. They promise not to earn too much money to become a big train company, and they hope to finish the deal by the end of March 2025.

  • 2025-00343 — BNSF Railway Company-Trackage Rights Exemption-Union Pacific Railroad Company
    Type:Notice
    Citation:90 FR 2060
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    BNSF Railway wants to borrow a part of Union Pacific's railroad tracks in California to move trains with rocks for building tracks, but just for a little while until the end of 2025. Some people are curious about the rules and money details for this sharing, and what happens after the time is up.