Notice2026-09726

Northeast Atlanta Railroad, LLC-Lease and Operation Exemption With Interchange Commitment-Norfolk Southern Railway Company

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]
[Page 28093]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-09726]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36916]


Northeast Atlanta Railroad, LLC--Lease and Operation Exemption 
With Interchange Commitment--Norfolk Southern Railway Company

    Northeast Atlanta Railroad, LLC (NEAR), a noncarrier,\1\ has filed 
a verified notice of exemption pursuant to 49 CFR part 1150, subpart D, 
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 
(the Line).
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    \1\ NEAR mistakenly describes itself as ``a Class III rail 
carrier'' in the first sentence of its Verified Notice. As clarified 
in later text, NEAR would become a rail carrier when it ``commences 
leasehold operation of the Line.'' (Verified Notice 3.)
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    According to the verified notice, NEAR and NSR have reached an 
agreement pursuant to which NEAR will lease and operate the Line.
    This transaction is related to a concurrently filed verified notice 
of exemption in OPSEU Pension Plan Trust Fund, Jaguar Transport 
Holdings, LLC, & Jaguar Rail Holdings, LLC--Continuance in Control 
Exemption--Northeast Atlanta Railroad, Docket No. FD 36915, in which 
the filing parties seek to continue in control of NEAR upon NEAR's 
becoming a Class III rail carrier.
    NEAR certifies that its projected annual revenues from this 
transaction will not result in it becoming a Class I or Class II rail 
carrier and are not expected to exceed $5 million. NEAR also certifies 
that the agreement with NSR contains an interchange commitment that 
places monetary penalties on traffic interchanged by NEAR with a third-
party carrier. NEAR has provided additional information regarding the 
interchange commitment, as required by 49 CFR 1150.33(h).\2\
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    \2\ The Board's governing regulation requires NEAR to submit, 
inter alia, ``[a] confidential, complete version of the document(s) 
containing or addressing that provision or agreement.'' See 49 CFR 
1150.33(h)(1)(ii). With its verified notice of exemption, NEAR filed 
under seal a partial version of the agreement with NSR that omitted 
the three exhibits to the agreement. On April 14, 2026, NEAR 
supplemented its verified notice by submitting an additional exhibit 
under seal. On April 30, 2026, NEAR again supplemented its verified 
notice with two additional exhibits under seal, thus providing a 
complete agreement.
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    The transaction may be consummated on or after May 30, 2026, the 
effective date of the exemption (30 days after the verified notice was 
filed).\3\
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    \3\ In a decision served April 29, 2026, the effective date of 
the exemption was postponed to allow for supplementation of missing 
exhibits. That supplementation was completed on April 30, 2026, 
making that the filing date of the verified notice.
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    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 by May 22, 2026.
    All pleadings, referring to Docket No. FD 36916, 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 
NEAR's representative, Stephen J. Foland, Fletcher & Sippel LLC, 29 
North Wacker Drive, Suite 800, Chicago, IL 60606-3208.
    According to NEAR, 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: May 12, 2026.

    By the Board, Anika S. Cooper, Chief Counsel, Office of Chief 
Counsel.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2026-09726 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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