99-8128. CSX Transportation, Inc.Trackage Rights ExemptionConsolidated Rail Corporation  

  • [Federal Register Volume 64, Number 62 (Thursday, April 1, 1999)]
    [Notices]
    [Pages 15869-15870]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 99-8128]
    
    
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    DEPARTMENT OF TRANSPORTATION
    
    Surface Transportation Board
    [STB Finance Docket No. 33725]
    
    
    CSX Transportation, Inc.--Trackage Rights Exemption--Consolidated 
    Rail Corporation
    
        Consolidated Rail Corporation (Conrail), has agreed to grant 
    overhead trackage rights to CSX Transportation, Inc., (CSXT), to 
    operate its trains, locomotives, cars and equipment with CSXT's own 
    crews over Conrail's Olin Running Track between the Conrail/CSXT 
    connection at milepost 0.5 and milepost 0.0; 
    and (2) Conrail's Pekin Running Track between milepost 0.0 
    and the limits of trackage being leased by CSXT at the connection to 
    Conrail's Hillery Yard at milepost 1.85 in Danville, IL,\1\ 
    a distance of approximately 1.9 miles, including necessary head and 
    tail room.
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        \1\ Under a separate agreement, CSXT is leasing approximately 
    18,850 feet of yard track in Conrail's Hillery Yard for storage of 
    railroad cars.
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        As noted in the agreement attached to CSXT's notice of exemption, 
    this trackage rights arrangement is only temporary. The Conrail 
    trackage that is the subject of the trackage rights is to be allocated 
    to Conrail's subsidiary, New York Central Lines LLC, and operated by 
    CSXT, after what is referred to as the ``Split Date,'' or the date of 
    the division of Conrail's assets, as authorized by the Board in CSX 
    Corporation and CSX Transportation, Inc., Norfolk Southern Corporation 
    and Norfolk Southern Railway Company--Control and Operating Leases/
    Agreements--Conrail Inc., and Consolidated Rail Corporation, STB 
    Finance Docket No. 33388 (STB served July 23, 1998). CSXT states that
    
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    it expects the Split Date to occur on June 1, 1999. The parties intend 
    for the trackage rights to terminate on the Split Date, but if the 
    Split Date does not occur before June 30, 1999, the parties' agreement 
    provides for termination of the trackage rights on June 30, 1999. 
    Accordingly, on March 25, 1999, CSXT filed a petition for exemption in 
    STB Finance Docket No. 33725 (Sub/No. 1), CSX Transportation, Inc.--
    Trackage Rights Exemption--Consolidated Rail Corporation, requesting 
    that the Board permit the proposed overhead trackage rights arrangement 
    described in the present proceeding to expire on the Split Date or June 
    30, 1999, whichever occurs first. That petition will be addressed by 
    the Board in a separate decision.
        The transaction was scheduled to be consummated on March 19, 1999.
        The purpose of the trackage rights is to allow CSXT to access the 
    tracks it is leasing from Conrail in Hillery Yard.
        As a condition to this exemption, any employees affected by the 
    trackage rights will be protected by the conditions imposed in Norfolk 
    and Western Ry. Co.--Trackage Rights--BN, 354 I.C.C. 605 (1978), as 
    modified in Mendocino Coast Ry., Inc.-Lease and Operate, 350 I.C.C. 753 
    (1980).
        This notice is filed under 49 CFR 1180.2(d)(7). It it contains 
    false or misleading information, the exemption is void ab initio. 
    Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed 
    at any time. The filing of a petition to revoke will not automatically 
    stay the transaction.
        An original and 10 copies of all pleadings, referring to STB 
    Finance Docket No. 33725, must be filed with the Surface Transportation 
    Board, Office of the Secretary, Case Control Unit, 1925 K Street, NW, 
    Washington, DC 20423-0001. In addition, one copy of each pleading must 
    be served on Charles M. Rosenberger, Senior Counsel, CSX 
    Transportation, Inc., 500 Water Street, J-150, Jacksonville, FL 32202.
        Board decisions and notices are available on our website at 
    ``WWW.STB.DOT.GOV.''
    
        Decided: March 26, 1999.
    
        By the Board, David M. Konschnik, Director, Office of 
    Proceedings.
    Vernon A. Williams,
    Secretary.
    [FR Doc. 99-8128 Filed 3-31-99; 8:45 am]
    BILLING CODE 4915-00-M
    
    
    

Document Information

Published:
04/01/1999
Department:
Surface Transportation Board
Entry Type:
Notice
Document Number:
99-8128
Pages:
15869-15870 (2 pages)
Docket Numbers:
STB Finance Docket No. 33725
PDF File:
99-8128.pdf