[Federal Register Volume 75, Number 232 (Friday, December 3, 2010)]
[Notices]
[Pages 75545-75546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-30365]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. FD 35448]


CSX Transportation, Inc.--Corporate Family Merger Exemption--
Atlanta, Knoxville & Northern Railway Company, Cincinnati Inter-
Terminal Railroad Company, and Tylerdale Connecting Railroad Company

    CSX Transportation, Inc. (CSXT), and its wholly owned 
subsidiaries--Atlanta,

[[Page 75546]]

Knoxville & Northern Railway Company (AKNR), Cincinnati Inter-Terminal 
Railroad Company (CIT), and Tylerdale Connecting Railroad Company 
(TCR)--have jointly filed a verified notice of exemption under 49 CFR 
1180.2(d)(3) for a corporate family transaction. CSXT is a Class I rail 
carrier that directly controls and operates AKNR, CIT, and TCR. The 
transaction involves the merger of AKNR, CIT, and TCR with and into 
CSXT with CSXT being the surviving corporation.
    The transaction is scheduled to be consummated on or after December 
19, 2010, the effective date of the exemption. The purpose of the 
transaction is to simplify the corporate structure and reduce overhead 
costs and duplication by eliminating 3 corporations while retaining the 
same assets to serve customers. CSXT will obtain certain other savings 
as a result of this transaction.
    This is a transaction within a corporate family of the type 
specifically exempted from prior review and approval under 49 CFR 
1180.2(d)(3). The parties state that the transaction will not result in 
adverse changes in service levels, significant operational changes, or 
any change in the competitive balance with carriers outside the 
corporate family.
    Under 49 U.S.C. 10502(g), the Board may not use its exemption 
authority to relieve a rail carrier of its statutory obligation to 
protect the interests of its employees. As a condition to the use of 
this exemption, any employees adversely affected by this transaction 
will be protected by the conditions set forth in New York Dock 
Railway--Control--Brooklyn District Eastern Terminal, 360 I.C.C. 60 
(1979).
    If the 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. Petitions for stay 
must be filed no later than December 10, 2010 (at least 7 days before 
the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to FD 35448, 
must be filed with the Surface Transportation Board, 395 E Street, NW., 
Washington, DC 20423-0001. In addition, one copy of each pleading must 
be served on Louis E. Gitomer, Esq., Law Offices of Louis E. Gitomer, 
600 Baltimore Avenue, Suite 301, Towson, MD 21204.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: November 29, 2010.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.

Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2010-30365 Filed 12-2-10; 8:45 am]
BILLING CODE 4915-01-P