[Federal Register Volume 81, Number 51 (Wednesday, March 16, 2016)]
[Notices]
[Pages 14172-14173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-05901]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36004]


Canadian Pacific Railway Limited--Petition for Expedited 
Declaratory Order

    On March 2, 2016, Canadian Pacific Railway Limited (CPRL) \1\ filed 
a petition requesting that the Board issue a declaratory order on two 
issues pertaining to CPRL's pursuit of a possible merger with Norfolk 
Southern Railway Company (NSR) whether: (1) ``A structure in which CPRL 
holds its current rail carrier subsidiaries in an independent, 
irrevocable voting trust while it acquires control of [NSR] and seeks 
STB merger authority potentially could be used to avoid the exercise of 
unlawful premature common control''; and (2) ``it would be potentially 
permissible for the chief executive officer of [CPRC] to terminate his 
position at [CPRC] entities in trust and then to take the comparable 
position at [NSR] pending merger approval.'' (Pet. 2.) CPRL has 
requested that the Board issue an expedited declaratory order by May 6, 
2016.
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    \1\ CPRL is a noncarrier, publicly traded holding company that 
wholly owns directly or indirectly rail carriers in Canada and the 
United States that do business as ``CP'' or ``Canadian Pacific.'' 
``CP'' or ``Canadian Pacific'' refers to the Canadian Pacific 
Railway Company (CPRC), the Canadian operating company and parent of 
the U.S. railroad operating subsidiaries Soo Line Railroad Company, 
Delaware and Hudson Railroad Company, and Dakota, Minnesota and 
Eastern Railroad Corporation.
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    On March 7, 2016, the Transportation Communications Union/IAM (TCU/
IAM) requested that the Board provide interested parties 45 days to 
reply to the March 2 petition.\2\ Also on March 7, 2016, CSX 
Corporation requested that the Board deny the March 2 petition, or, 
should the Board proceed, issue a procedural schedule that would allow 
parties 30 days from publication to submit comments and 15 days for the 
simultaneous submission of reply comments. On March 9, 2016, the 
Brotherhood of Maintenance of Way Employes Division/IBT, Brotherhood of 
Railroad Signalmen, and International

[[Page 14173]]

Association of Sheet Metal, Air, Rail and Transportation Workers/
Mechanical Division jointly submitted a reply requesting until April 1, 
2016, to reply to the March 2 petition and that no replies to replies 
be permitted. By comment filed on March 9, 2016, the Transportation 
Division of the Sheet Metal, Air, Rail and Transportation Workers Union 
joined in TCU/IAM's request for at least 45 days to reply to the March 
2 petition.
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    \2\ On March 7, 2016, CPRL filed a reply requesting that the 
Board deny TCU/IAM's extension request.
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    Replies will be due by April 8, 2016, and should address the merits 
of CPRL's petition. CPRL will be permitted to file a rebuttal by April 
13, 2016. Under the circumstances, this schedule will provide a 
sufficient opportunity for interested persons to present their views on 
the issues raised and for CPRL to respond.
    It is ordered:
    1. Substantive replies to CPRL's petition are due by April 8, 2016.
    2. CPRL's rebuttal is due by April 13, 2016.
    3. Notice of this action will be published in the Federal Register.
    4. This decision is effective on its service date.

    Decided: March 10, 2016.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2016-05901 Filed 3-15-16; 8:45 am]
 BILLING CODE 4915-01-P