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 36951] Fortress Investment Group LLC (Fortress), a noncarrier, for the benefit of FTAI Infrastructure Inc. (FTAI), which directly or indirectly controls Percy Acquisition LLC, which has changed its name to Transtar Holdings LLC (Transtar Holdings), FIP RR Holding Company LLC (FIPRR HoldCo), FIP RR Holdings LLC (FIPRR Holdings), FIP RR 1 LLC, and FIP RR 2 LLC (FIPRR2) (collectively, Fortress Parties), has filed a verified notice of exemption for an ( printed page 57953) intra-corporate family transaction under 49 CFR 1180.2(d)(3) . According to the verified notice, FIPRR2 currently has direct control of The Wheeling Corporation (Wheeling Corp.), a noncarrier that has two rail carrier subsidiaries: Wheeling & Lake Erie Railway (W&LE), a Class II carrier, and Akron Barberton Cluster Railway Company (ABC), a Class III carrier. Further, FIPRR2 currently has direct control of Transtar, LLC, which has changed its name to The Wheeling Holding Company LLC (Wheeling HoldCo), and which controls six Class III rail carriers: (1) Union Railroad Company, LLC; (2) Gary Railway Company, LLC; (3) Delray Connecting Railroad Company; (4) Texas & Northern Railway Company, LLC; (5) The Lake Terminal Railroad Company, LLC; and (6) East Ohio Valley Railway LLC. [ 1 ] According to the verified notice, the proposed transaction will transfer direct control of Wheeling Corp. (which owns and control W&LE and ABC) from FIPRR2 to Wheeling HoldCo. …
Citation: 91 FR 57952
