Surface Transportation Board
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Surface Transportation Board [Docket No. FD 36933] Northeast Texas Railway Company (NETX), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire and operate approximately 65.59 miles of rail line owned by the Northeast Texas Rural Rail Transportation District between milepost 555.0 in Greenville, Tex., and milepost 489.41 in Winfield, Tex. (the Line). The verified notice states that the current operator of the Line is Northeast Texas Connector, LLC (NETC). This transaction is related to a concurrently filed verified notice of exemption in TNW Corp.—Continuance in Control Exemption—Northeast Texas Railway, Docket No. FD 36934, in which TNW Corporation seeks to continue in control of NETX upon NETX's becoming a Class III rail carrier. According to the verified notice, NETX and the Northeast Texas Rural Rail Transportation District are in the process of finalizing an agreement pursuant to which NETX will lease the underlying right-of-way, acquire the track and track material, and operate the Line as a common carrier, replacing Northeast Texas Connector, LLC (NETC), as the common carrier service provider on the Line. The verified notice indicates that NETC does not object to the proposed transaction by which it would be replaced by NETX as operator on the Line. NETX certifies that the agreement governing the proposed transaction does not impose or include an interchange commitment. NETX further certifies that its projected annual reven…
Citation: 91 FR 33853
