Notice2026-11156
Northeast Texas Railway Company-Acquisition of a Line of Railroad Owned by Northeast Texas Rural Rail Transportation District and Change of Operators Exemption-Northeast Texas Connector, LLC
Primary source
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Published
June 4, 2026
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 91 Issue 107 (Thursday, June 4, 2026)</title>
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[Federal Register Volume 91, Number 107 (Thursday, June 4, 2026)]
[Notices]
[Page 33853]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-11156]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36933]
Northeast Texas Railway Company--Acquisition of a Line of
Railroad Owned by Northeast Texas Rural Rail Transportation District
and Change of Operators Exemption--Northeast Texas Connector, LLC
Northeast Texas Railway Company (NETX), a noncarrier, has filed a
verified notice of exemption under 49 CFR 1150.31 to acquire and
operate approximately 65.59 miles of rail line owned by the Northeast
Texas Rural Rail Transportation District between milepost 555.0 in
Greenville, Tex., and milepost 489.41 in Winfield, Tex. (the Line). The
verified notice states that the current operator of the Line is
Northeast Texas Connector, LLC (NETC).
This transaction is related to a concurrently filed verified notice
of exemption in TNW Corp.--Continuance in Control Exemption--Northeast
Texas Railway, Docket No. FD 36934, in which TNW Corporation seeks to
continue in control of NETX upon NETX's becoming a Class III rail
carrier.
According to the verified notice, NETX and the Northeast Texas
Rural Rail Transportation District are in the process of finalizing an
agreement pursuant to which NETX will lease the underlying right-of-
way, acquire the track and track material, and operate the Line as a
common carrier, replacing Northeast Texas Connector, LLC (NETC), as the
common carrier service provider on the Line. The verified notice
indicates that NETC does not object to the proposed transaction by
which it would be replaced by NETX as operator on the Line. NETX
certifies that the agreement governing the proposed transaction does
not impose or include an interchange commitment. NETX further certifies
that its projected annual revenues will not exceed $5 million and will
not result in NETX's becoming a Class I or Class II rail carrier. Under
49 CFR 1150.32(b), a change in operator requires that notice be given
to shippers. NETX provides a list of all known shippers that use or
could potentially use the Line and certifies that they have been
served.
The earliest this transaction may be consummated is June 18, 2026.
NETX states that it expects to consummate its acquisition of, and
commence common carrier operations over, the Line after that date.
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 June 11, 2026
(at least seven days before the exemption becomes effective).
All pleadings, referring to Docket No. FD 36933, 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
NETX's representative, Justin J. Marks, Clark Hill PLC, 1001
Pennsylvania Ave. NW, Suite 1300 South, Washington, DC 20004.
According to NETX, 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: June 1, 2026.
By the Board, Scott M. Zimmerman, Acting Chief Counsel, Office
of Chief Counsel.
Stefan Rice,
Clearance Clerk.
[FR Doc. 2026-11156 Filed 6-3-26; 8:45 am]
BILLING CODE 4915-01-P
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</html>Indexed from Federal Register on June 4, 2026.
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