Notice2024-26584
Old Line Holding Company, Inc., d/b/a Old Line Railroad-Acquisition and Operation Exemption-Line of The Maryland and Delaware Railroad Company
Primary source
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Published
November 15, 2024
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 89 Issue 221 (Friday, November 15, 2024)</title>
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[Federal Register Volume 89, Number 221 (Friday, November 15, 2024)]
[Notices]
[Page 90343]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26584]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36806]
Old Line Holding Company, Inc., d/b/a Old Line Railroad--
Acquisition and Operation Exemption--Line of The Maryland and Delaware
Railroad Company
Old Line Holding Company, Inc., d/b/a Old Line Railroad (Old Line),
a noncarrier, has filed a verified notice of exemption under 49 CFR
1150.31 to acquire from The Maryland and Delaware Railroad Company
(MDDE) and operate approximately 23.7 miles of rail line from milepost
42.0 in Selbyville, Del., to the end of the track at milepost 65.7 in
Snow Hill, Md. (the Line). The verified notice states that Old Line is
the parent company of MDDE, which currently operates the Line.
According to the verified notice, Old Line, MDDE, and Carload
Express, Inc. (Carload), have entered into a purchase agreement dated
August 1, 2024, which provides that Old Line will acquire the Line from
MDDE and that Carload will concurrently acquire MDDE from Old Line.\1\
Old Line states that, after consummating the proposed transaction, it
will become a Class III rail carrier and operate the Line.
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\1\ In a concurrently filed petition for exemption, Carload, a
noncarrier, seeks Board approval to acquire MDDE from Old Line. Pet.
for Exemption 1, Carload Express, Inc.--Control Exemption--Md. &
Del. R.R., FD 36807.
According to the verified notice, the purchase agreement further
provides that Delmarva Central Railroad Company, a Class III rail
carrier and subsidiary of Carload, will acquire from MDDE a 3-mile
rail line that connects with the Line at Selbyville. See Delmarva
Cent. R.R.--Acquis. Exemption--Line of the Md. & Del. R.R., FD 36805
(STB served Oct. 4, 2024).
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Old Line certifies that the transaction does not involve any
provision or agreement that would limit future interchange with a
third-party connecting carrier. Old Line further certifies that its
projected annual revenue will not exceed $5 million and will not result
in the creation of a Class II or Class I rail carrier.
The earliest this transaction may be consummated is November 29,
2024, the effective date of the exemption. 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 November 22, 2024 (at least seven days
before the exemption becomes effective).
All pleadings, referring to Docket No. FD 36806, must 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, a copy of each pleading must be served on Old
Line's representative, Thomas J. Litwiler, Fletcher & Sippel LLC, 29
North Wacker Drive, Suite 800, Chicago, IL 60606-3208.
According to Old Line, this action is categorically excluded from
environmental review under 49 CFR 1105.6(c) and from historic
preservation 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: November 8, 2024.
By the Board, Scott M. Zimmerman, Acting Director, Office of
Proceedings.
Brendetta Jones,
Clearance Clerk.
[FR Doc. 2024-26584 Filed 11-14-24; 8:45 am]
BILLING CODE 4915-01-P
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</html>Indexed from Federal Register on November 15, 2024.
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