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 36941] Terramont Infrastructure Partners LLC (Terramont), a noncarrier, filed a verified notice of exemption under 49 CFR 1180.2(d)(2) to acquire direct control of Hainesport Transportation Group, LLC (HTG), a noncarrier that, in turn, directly controls two Class III rail carriers, Hainesport Industrial Railroad, LLC (HIRR), and Hainesport Secondary Railroad, LLC (HSR, and together with HIRR, the Hainesport Railroads). According to the verified notice, each of the Hainesport Railroads is located in the Hainesport Industrial Park in Burlington County, N.J. [ 1 ] The verified notice states that, pursuant to a signed Letter of Intent (LOI)  [ 2 ] dated April 1, 2026, Terramont has agreed to acquire from HTG all existing outstanding ownership interests in HTG and, in turn, indirect control of the Hainesport Railroads. Currently, HTG directly controls the Hainesport Railroads. See Hainesport Transp. Grp., LLC—Corp. Fam. Transaction Exemption, FD 36184 (STB served May 24, 2018). Terramont states that: (1) the Hainesport Railroads would not connect with any railroads that would be in the Terramont corporate family following the transaction; (2) the transaction is not part of a series of anticipated transactions that would connect the Hainesport Railroads with any railroad in the Terramont corporate family; and (3) the transaction does not involve a Class I rail carrier. Therefore, the proposed transaction is exempt from the pr…
Citation: 91 FR 36930
