98-17506. Genesee & Wyoming Inc.Continuance in Control Exemption Savannah Port Terminal Railroad, Inc. and Golden Isles Terminal Railroad, Inc.  

  • [Federal Register Volume 63, Number 126 (Wednesday, July 1, 1998)]
    [Notices]
    [Page 36032]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-17506]
    
    
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    DEPARTMENT OF TRANSPORTATION
    
    Surface Transportation Board
    [STB Finance Docket No. 33615]
    
    
    Genesee & Wyoming Inc.--Continuance in Control Exemption--
    Savannah Port Terminal Railroad, Inc. and Golden Isles Terminal 
    Railroad, Inc.
    
        Genesee and Wyoming Inc. (GWI), a noncarrier holding company, has 
    filed a notice of exemption to continue in control of Savannah Port 
    Terminal Railroad, Inc. (SAPT) and Golden Isles Terminal Railroad, Inc. 
    (GITM), upon SAPT and GITM becoming Class III railroads.
        The transaction was scheduled to be consummated on or shortly after 
    June 8, 1998.
        This transaction is related to STB Finance Docket No. 33613, 
    Savannah Port Terminal Railroad, Inc--Acquisition and Operation 
    Exemption--Georgia Ports Authority and Savannah State Docks Railroad 
    and STB Finance Docket No. 33614, Golden Isles Terminal Railroad, 
    Inc.--Acquisition and Operation Exemption--Georgia Ports Authority and 
    Colonel's Island Railroad, wherein SAPT and GITM seek to acquire 
    easements to operate over certain rail lines from GPA.
        GWI directly controls one existing Class II rail carrier 
    subsidiary: Buffalo & Pittsburgh Railroad, Inc., operating in New York 
    and Pennsylvania. GWI directly controls 12 existing Class III rail 
    carrier subsidiaries: Genesee & Wyoming Railroad Company, Inc., 
    operating in New York; Dansville and Mount Morris Railroad Company, 
    operating in New York; Rochester & Southern Railroad, Inc., operating 
    in New York; Louisiana & Delta Railroad, Inc., operating in Louisiana; 
    Bradford Industrial Rail, Inc., operating in Pennsylvania and New York; 
    Allegheny & Eastern Railroad, Inc., operating in Pennsylvania; 
    Willamette & Pacific Railroad, Inc., operating in Oregon; GWI Switching 
    Services, operating in Texas; Illinois & Midland Railroad, Inc., 
    operating in Illinois; Pittsburgh & Shawmut Railroad, Inc., operating 
    in Pennsylvania; Portland & Western Railroad, Inc., operating in 
    Oregon; and Corpus Christi Terminal Railroad, Inc., operating in Texas.
        GWI indirectly controls 3 Class III rail carriers through its 
    ownership of Rail Link, Inc.: Carolina Coastal Railway, Inc., operating 
    in North Carolina; Commonwealth Railway, Inc., operating in Virginia; 
    and Talleyrand Terminal Railroad, Inc., operating in Florida.
        GWI states that: (1) The rail lines to be operated by SAPT and GITM 
    do not connect with any railroad in the corporate family; (ii) the 
    transaction is not part of a series of anticipated transactions that 
    would connect SAPT and GITM's lines with any railroads in the corporate 
    family; and (iii) the transaction does not involve a Class I carrier. 
    Therefore, the transaction is exempt from the prior approval 
    requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2).
        As a condition to this exemption the continuance in control of SAPT 
    and GITM are subject to the labor protection requirements of 49 U.S.C. 
    11326(b).
        If the notice 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. 33615, must be filed with the Surface Transportation 
    Board, Office of the Secretary, Case Control Unit, 1925 K Street, N.W., 
    Washington, DC 20423-0001. In addition, a copy of each pleading must be 
    served on Eric M. Hocky, Esquire, Gollatz, Griffin & Ewing, P.C., 213 
    West Miner Street, P.O. Box 796, West Chester, PA 19381-0796.
        Board decision and notices are available on our website at 
    ``WWW.STB.DOT.GOV.''
    
        Decided: June 24, 1998.
    
        By the Board, David M. Konschnik, Director, Office of 
    Proceedings.
    Vernon A. Williams,
    Secretary.
    [FR Doc. 98-17506 Filed 6-30-98; 8:45 am]
    BILLING CODE 4915-00-P
    
    
    

Document Information

Published:
07/01/1998
Department:
Surface Transportation Board
Entry Type:
Notice
Document Number:
98-17506
Pages:
36032-36032 (1 pages)
Docket Numbers:
STB Finance Docket No. 33615
PDF File:
98-17506.pdf