Notice2026-09724

OPSEU Pension Plan Trust Fund, Jaguar Transport Holdings, LLC, and Jaguar Rail Holdings, LLC-Continuance in Control Exemption-Northeast Atlanta Railroad, LLC

Primary source

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Published
May 15, 2026

Issuing agencies

Surface Transportation Board

Full Text

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<title>Federal Register, Volume 91 Issue 94 (Friday, May 15, 2026)</title>
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[Federal Register Volume 91, Number 94 (Friday, May 15, 2026)]
[Notices]
[Pages 28093-28094]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-09724]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36915]


OPSEU Pension Plan Trust Fund, Jaguar Transport Holdings, LLC, 
and Jaguar Rail Holdings, LLC--Continuance in Control Exemption--
Northeast Atlanta Railroad, LLC

    OPSEU Pension Plan Trust Fund (OPTrust), Jaguar Transport Holdings, 
LLC (JTH), and Jaguar Rail Holdings, LLC (JRH, and collectively with 
OPTrust and JTH, Jaguar), each a noncarrier, have filed a verified 
notice of exemption under 49 CFR 1180.2(d)(2) to continue in control of 
Northeast Atlanta Railroad, LLC (NEAR), upon NEAR's becoming a Class 
III rail carrier. The verified notice states that NEAR is a directly 
controlled holding of JRH, which is directly controlled by JTH, which 
is indirectly controlled by OPTrust. Jaguar

[[Page 28094]]

collectively controls 13 Class III rail carriers.\1\
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    \1\ Those carriers, and the states in which they operate, are: 
(1) Southwestern Railroad, Inc.--New Mexico, Texas, and Oklahoma; 
(2) Texas & Eastern Railroad, LLC--Texas; (3) Wyoming and Colorado 
Railroad, Inc. (which also does business under the name Oregon 
Eastern Railroad)--Oregon; (4) Missouri Eastern Railroad, LLC--
Missouri; (5) Charlotte Western Railroad, LLC--North Carolina; (6) 
Kinston Railroad, LLC--North Carolina; (7) Waterloo Railroad LLC--
Iowa; (8) Cimarron Valley Railroad, L.C.--Kansas, Colorado, and 
Oklahoma; (9) Washington Eastern Railroad, LLC--Wahington; (10) 
Central Washington Railroad Company, LLC--Washington; (11) Columbia 
Basin Railroad Company, LLC--Washington; (12) Kansas City West 
Bottoms Railroad--Kansas and Missouri; and (13) West Memphis Base 
Railroad, L.L.C.--Arkansas.
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    This transaction is related to a concurrently filed verified notice 
of exemption in Northeast Atlanta Railroad, LLC--Lease & Operation 
Exemption with Interchange Commitment--Norfolk Southern Railway, Docket 
No. FD 36916, in which NEAR seeks Board approval to lease from Norfolk 
Southern Railway Company (NSR) and operate approximately 1.15 miles of 
rail line extending from the Stone Mountain Lead Switch at 
approximately milepost 620.64 on NSR's Greenville District, near 
Doraville, Ga., into the Doraville Industrial Complex.
    Jaguar represents that its control of NEAR upon NEAR's becoming a 
rail common carrier is not a transaction where: (1) NEAR would connect 
with any other Jaguar railroads; (2) Jaguar plans to connect NEAR with 
any other Jaguar railroads; or (3) a Class I carrier is involved. 
Therefore, the transaction is exempt from the prior approval 
requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2).
    Under 49 U.S.C. 10502(g), the Board may not use its exemption 
authority to relieve a rail carrier of its statutory obligation to 
protect the interests of its employees. However, 49 U.S.C. 11326(c) 
does not provide for labor protection for transactions under 49 U.S.C. 
11324 and 11325 that involve only Class III rail carriers. Accordingly, 
because this transaction involves Class III rail carriers only, the 
Board may not impose labor protective conditions here.
    The earliest this transaction may be consummated is May 30, 2026, 
the effective date of the exemption (corresponding with the effective 
date of the related exemption in Docket No. FD 36916).\2\ 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(g) 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 by May 22, 2026 (at least seven days 
before the exemption becomes effective).
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    \2\ In a decision served April 29, 2026, the effective date of 
both exemptions was postponed to allow for supplementation of 
missing exhibits in Docket No. FD 36916. Supplementation was 
completed on April 30, 2026, and that exemption is scheduled to 
become effective May 30, 2026.
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    All pleadings, referring to Docket No. FD 36915, 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 
Jaguar's representative, Stephen J. Foland, Fletcher & Sippel LLC, 29 
North Wacker Drive, Suite 800, Chicago, IL 60606-3208.
    According to Jaguar, this action is 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: May 12, 2026.

    By the Board, Anika S. Cooper, Chief Counsel, Office of Chief 
Counsel.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2026-09724 Filed 5-14-26; 8:45 am]
BILLING CODE 4915-01-P


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Indexed from Federal Register on May 15, 2026.

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