| SURFACE TRANSPORTATION BOARD DECISION DOCUMENT | |||
| Decision Information | |||
Docket Number:   | FD_35343_0 | ||
Case Title:   | SUSQUEHANNA UNION RAILROAD COMPANY--CONTROL EXEMPTION--NORTH SHORE RAILROAD COMPANY, NITTANY & BALD EAGLE RAILROAD COMPANY, SHAMOKIN VALLEY RAILROAD COMPANY, JUNIATA VALLEY RAILROAD COMPANY, LYCOMING VALLEY RAILROAD COMPANY, AND UNION COUNTY INDUSTRIAL RAILROAD COMPANY | ||
Decision Type:   | Decision | ||
Deciding Body:   | Director Of Proceedings | ||
| Decision Summary | |||
Decision Notes:   | DECISION INSTITUTED A PROCEEDING UNDER 49 U.S.C. § 10502(b). | ||
| Decision Attachments | |||
| 8 KB | |||
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| Full Text of Decision | |||
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40997 SERVICE DATE – AUGUST 27, 2010 DO SURFACE TRANSPORTATION BOARD DECISION Docket No. FD 35343 Susquehanna Union Railroad Company—Control
Exemption—North Shore Railroad Company, Nittany & Bald Eagle Railroad
Company, Shamokin Valley Railroad Company, Juniata Valley Railroad Company,
Lycoming Valley Railroad Company, and Union County Industrial Railroad Company Decided: August 26, 2010 On April 12, 2010, Susquehanna Union Railroad Company (SURC), a nonoperating holding company, filed a petition for exemption (petition) from the prior approval requirements of 49 U.S.C. § 11323(a)(4) to acquire 100% stock control of 6 Class III railroads: North Shore Railroad Company, Nittany & Bald Eagle Railroad Company, Shamokin Valley Railroad Company, Juniata Valley Railroad Company, Lycoming Valley Railroad Company, and Union County Industrial Railroad Company (System Carriers).[1] The
petition for exemption raises issues that require consideration by the Board. By this decision, the Board is instituting a
proceeding under 49 U.S.C. § 10502(b) to consider SURC’s
petition. At this time, there does not
appear to be a need for the parties to submit additional evidence. It is
ordered: 1. Under 49 U.S.C. § 10502(b), a proceeding is
instituted. 2. This decision is effective on its service
date. By the
Board, Rachel D. Campbell, Director, Office of Proceedings. [1] SURC’s petition also requested that the Board preempt and nullify,
under 49 U.S.C. § 11321(a), certain provisions of an operating agreement
between SEDA-COG Joint Rail Authority (JRA) and 5 of the System Carriers that
operate JRA-owned lines. At the request
of SURC and JRA, the Board, by decisions served on June 6, 2010, and
July 2, 2010, held this proceeding in abeyance until July 30, 2010,
while parties engaged in negotiations to resolve these issues. In a filing dated July 29, 2010, SURC states
that the parties have resolved the relevant issues and withdraws its preemption
request. | |||