[Federal Register Volume 69, Number 170 (Thursday, September 2, 2004)]
[Notices]
[Page 53770]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-19928]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34523]


KWT Railway, Inc.--Acquisition and Operation Exemption--Rail Line 
of CSX Transportation, Inc.

    KWT Railway, Inc. (KWT), a Class III rail carrier, has filed a 
verified notice of exemption under 49 CFR 1150.41 to acquire by 
purchase from CSX Transportation, Inc. (CSXT), and operate 
approximately 12.8 miles of rail line extending from milepost OND 116.8 
at McKenzie, TN (Valuation Station 6166+68), to milepost OND 129.6 at 
Dresden, TN (Valuation Station 6848+78.8), in Weakley and Carroll 
Counties, TN. The transaction also includes incidental trackage rights 
granted by CSXT to KWT over approximately 23 miles of CSXT's main line 
from milepost OND 116.8 at McKenzie to milepost OND 93.8 at CSXT's 
Bruceton, TN yard limit. The transaction will extend KWT's existing 
rail line and will facilitate interchange at CSXT's Bruceton Yard from 
the west.
    KWT certifies that its projected revenues as a result of this 
transaction will not result in the creation of a Class I or Class II 
rail carrier, and that they will not exceed $5 million annually.
    The transaction is scheduled to be consummated within 30 days after 
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 does not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34523, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on Andrew B. Kolesar III, Slover & 
Loftus, 1224 Seventeenth Street, NW., Washington, DC 20036.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: August 25, 2004.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 04-19928 Filed 9-1-04; 8:45 am]
BILLING CODE 4915-01-P