[Federal Register Volume 68, Number 250 (Wednesday, December 31, 2003)]
[Notices]
[Page 75728]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-31959]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34445]


Lehigh Valley Rail Management, LLC-Acquisition and Operation 
Exemption-Rail Lines in Pennsylvania

    Lehigh Valley Rail Management, LLC (LVRM), a noncarrier, has filed 
a verified notice of exemption under 49 CFR 1150.31 to acquire and 
operate approximately 170.079 miles of rail line owned by ISG Railways, 
Inc. (ISGR).\1\ LVRM will acquire and operate the following rail lines: 
(1) An approximately 132-mile line in Northampton County, PA, formerly 
operated by Keystone Railroad, LLC, comprised of yard and switching 
tracks, with no assigned mileposts; (2) an approximately 32-mile line 
in Cambria County, PA, formerly operated by Conemaugh & Black Lick 
Railroad, LLC, comprised of yard and switching tracks, with no assigned 
mileposts; and (3)(a) an approximately 4.5-mile line extending between 
approximately milepost 6.4 at Edensburg Junction and approximately 
milepost 10.45189, and (b) an approximately 1.579-mile connecting 
segment between milepost 15.355 (RJCP milepost 10.45189) and 
approximately milepost 16.934, in Cambria County, formerly operated by 
Cambria and Indiana Railroad, Inc.
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    \1\ In May 2003, ISGR acquired the rail lines and substantially 
all other assets of the Bethlehem Steel Corporation subsidiary 
railroads. See ISG Railways, Inc.--Acquisition of Control 
Exemption--Assets of Keystone Railroad LLC d/b/a Philadelphia, 
Bethlehem and New England Railroad Company, Conemaugh & Black Lick 
Railroad Company LLC, Steelton & Highspire Railroad Company LLC, 
Lake Michigan & Indiana Railroad Company LLC, Brandywine Valley 
Railroad Company LLC, Upper Merion & Plymouth Railroad Company LLC, 
Patapsco & Back Rivers Railroad Company LLC, and Cambria and Indiana 
Railroad, Inc., STB Finance Docket No. 34344 (STB served May 22, 
2003). In this proceeding, ISGR has agreed to transfer to LVRM three 
of the subsidiary railroads along with related assets.
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    LVRM certifies that its projected revenues as a result of this 
transaction will not exceed those that would qualify it as a Class III 
rail carrier and that such revenues will not exceed $5 million 
annually.
    Consummation of the transaction was scheduled to take place on or 
after December 17, 2003, the effective date of the exemption (7 days 
after the exemption was filed).
    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 transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34445, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Eric M. Hocky, Four Penn 
Center, Suite 200, 1600 John F. Kennedy Blvd., Philadelphia, PA 19103-
2808.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.''

    Decided: December 22, 2003.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 03-31959 Filed 12-30-03; 8:45 am]
BILLING CODE 4915-00-P