Notice2023-10202
Grenada Railroad, LLC-Acquisition and Operation Exemption-North Central Mississippi Regional Railroad Authority and Grenada Railway, LLC
Primary source
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Published
May 12, 2023
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 88 Issue 92 (Friday, May 12, 2023)</title>
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[Federal Register Volume 88, Number 92 (Friday, May 12, 2023)]
[Notices]
[Page 30829]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-10202]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36700]
Grenada Railroad, LLC--Acquisition and Operation Exemption--North
Central Mississippi Regional Railroad Authority and Grenada Railway,
LLC
Grenada Railroad, LLC (GRR), a Class III rail carrier, has filed a
verified notice of exemption under 49 CFR 1150.41 to acquire and
operate approximately 228 miles of rail line from the North Central
Mississippi Regional Railroad Authority (NCMRRA) and Grenada Railway,
LLC (GRY). The line consists of three segments: (1) approximately 175.4
miles of main line between milepost 403.0 at Southaven, Miss. (GRY MP
491.09), and milepost 703.8 near Canton, Miss. (GRY MP 616.49), along
with certain side and yard tracks (the Grenada Line); (2) approximately
11.42 miles of branch line between a point of connection with the
Grenada Line at milepost 603.0 and milepost 614.42 at Bruce Junction,
Miss. (the Water Valley Branch); and (3) approximately 21.70 miles of
branch line between a point of connection with the Grenada Line at
milepost H-0.20 at Aberdeen Junction, Miss., and milepost H-21.90 near
Kosciusko, Miss. (the Aberdeen Branch) (collectively, the Lines).
According to the verified notice, GRR has operated the Grenada Line and
Water Valley Branch pursuant to a lease and operating agreement since
2015 \1\ and now seeks authority to acquire these lines and the
Aberdeen Branch, which is owned by NCMRRA.\2\ GRR states that the
Aberdeen Branch has been out of service since prior to NCMRRA's
acquisition of that segment.
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\1\ See Ill. Co. Rail Road--Lease & Operation Exemption--N.
Cent. Miss. Reg'l R.R. Auth., FD 35940 (STB served July 9, 2015).
\2\ See N. Cent. Miss. Reg'l R.R. Auth.--Acquis. & Operation
Exemption--Miss. Dep't of Transp., FD 36182 (STB served Nov. 20,
2018).
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The verified notice states that the parties entered into an Asset
Purchase Agreement on April 27, 2023.
GRR certifies that the proposed acquisition of the Lines does not
involve any interchange commitments. GRR further certifies that its
projected revenues as a result of this transaction will not result in
the creation of a Class II or Class I rail carrier. Pursuant to 49 CFR
1150.42(e), if a carrier's projected annual revenues will exceed $5
million, it must, at least 60 days before the exemption becomes
effective, post a notice of its intent to undertake the proposed
transaction at the workplace of the employees on the affected lines,
serve a copy of the notice on the national offices of the labor unions
with employees on the affected lines, and certify to the Board that it
has done so. However, GRR has filed a request for partial waiver of the
60-day advance labor notice requirements to allow the transaction to
proceed after 30 days' notice to employees on the Lines. GRR's waiver
request will be addressed in a separate decision. The Board will
establish the effective date of the exemption in its separate decision
on the waiver request.
If the verified 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 effectiveness of the
exemption. Petitions for stay must be filed no later than May 19, 2023.
All pleadings referring to Docket No. FD 36700, should be filed
with the Surface Transportation Board either via e-filing on the
Board's website or in writing addressed to 395 E Street SW, Washington,
DC 20423-0001. In addition, one copy of each pleading must be served on
GRR's representative, Terence M. Hynes, Sidley Austin LLP, 1501 K
Street NW, Washington, DC 20005.
According to GRR, this action is categorically excluded from
environmental review under 49 CFR 1105.6(c) and from historic reporting
requirements under 49 CFR 1105.8(b).
Board decisions and notices are available at <a href="http://www.stb.gov">www.stb.gov</a>.
Decided: May 9, 2023.
By the Board, Mai T. Dinh, Director, Office of Proceedings.
Raina White,
Clearance Clerk.
[FR Doc. 2023-10202 Filed 5-11-23; 8:45 am]
BILLING CODE 4915-01-P
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</html>Indexed from Federal Register on May 12, 2023.
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