Notice2026-19627
5E SVM Railway Company, LLC-Acquisition and Operation Exemption-Assets of Trona Railway Company LLC
Primary source
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Published
September 25, 2026
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 91 Issue 185 (Friday, September 25, 2026)</title>
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[Federal Register Volume 91, Number 185 (Friday, September 25, 2026)]
[Notices]
[Page 61020]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-19627]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36955]
5E SVM Railway Company, LLC--Acquisition and Operation
Exemption--Assets of Trona Railway Company LLC
5E SVM Railway Company, LLC (SVMR), a noncarrier, has filed a
verified notice of exemption under 49 CFR 1150.31 to acquire and
operate a rail line owned by Trona Railway Company LLC, Debtor (TRC),
extending from milepost 0.0 at Searles Junction, Cal., to the end of
the line at milepost 30.6 in Trona, Cal., a distance of approximately
30.6 miles (the Line).
According to the verified notice, SVMR's parent, 5E SVM, LLC (5E
SVM), entered into an Asset Purchase Agreement with TRC and TRC's
parent company, Searles Valley Minerals Inc. (SVM), to acquire the
assets of TRC. The verified notice indicates that SVMR will operate and
provide rail common carrier service on the Line. SVMR has concurrently
filed a petition for waiver of the 30-day effectiveness period
specified under 49 CFR 1150.32(b) to allow the exemption to become
effective immediately.\1\
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\1\ The petition for waiver will be addressed in a separate
decision.
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SVMR certifies that the proposed acquisition of the Line does not
involve any provision or agreement that would limit future interchange
with a third-party connecting carrier. SVMR further certifies that its
projected annual revenues as a result of this transaction are not
expected to exceed $5 million and will not result in the creation of a
Class II or Class I rail carrier.
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.
All pleadings, referring to Docket No. FD 36955, 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
SVMR's representative, Thomas J. Litwiler, Fletcher & Sippel LLC, 29
North Wacker Drive, Suite 800, Chicago, IL 60606-3208.
According to SVMR, 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: September 22, 2026.
By the Board, Anika S. Cooper, Chief Counsel, Office of Chief
Counsel.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2026-19627 Filed 9-24-26; 8:45 am]
BILLING CODE 4915-01-P
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