[Federal Register Volume 82, Number 26 (Thursday, February 9, 2017)]
[Notices]
[Page 10177]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02705]



[[Page 10177]]

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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36090]


Watco Holdings, Inc.--Continuance in Control Exemption--
Jacksonville Port Terminal Railroad, L.L.C.

    Watco Holdings, Inc. (Watco), a noncarrier, has filed a verified 
notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in 
control of Jacksonville Port Terminal Railroad, L.L.C. (JXPT), upon 
JXPT's becoming a Class III rail carrier. Watco owns, indirectly, 100% 
of the issued and outstanding stock of JXPT, a limited liability 
company.
    This transaction is related to a concurrently filed verified notice 
of exemption in Jacksonville Port Terminal Railroad, L.L.C.--Operating 
Exemption--The Jacksonville Port Authority, Docket No. FD 36089, in 
which JXPT seeks Board approval to operate over approximately 10 miles 
of rail line owned by The Jacksonville Port Authority at the Talleyrand 
Docks and Terminal in Jacksonville, Duval County, Fla. (the Line). The 
Line runs from F&J Junction (between Norfolk Southern Railway milepost 
5-C and CSX Transportation milepost 632.08) to Municipal Docks Railway 
milepost 10.33 within the Talleyrand Marine Terminal.
    The transaction may be consummated on or after February 23, 2017, 
the effective date of the exemption.
    Watco currently controls, indirectly, 34 Class III rail carriers 
and one Class II rail carrier, collectively operating in 24 states. For 
a complete list of these rail carriers and the states in which they 
operate, see Watco's notice of exemption filed on January 24, 2017. The 
notice is available on the Board's Web site at ``WWW.STB.GOV.''
    Watco represents that: (1) The rail line to be operated by JXPT 
does not connect with any other railroads operated by the carrier in 
the Watco's corporate family; (2) the continuance in control is not 
part of a series of anticipated transactions that would connect the 
rail line to be operated by JXPT with any other railroad in applicant's 
corporate family; and (3) the transaction does not involve a Class I 
rail carrier. Therefore, the transaction is exempt from the prior 
approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2).
    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. Because the transaction 
involves control of one Class II and one or more Class III rail 
carriers, the transaction is subject to the labor protection 
requirements of Section 11326(b) and Wisconsin Central Ltd.--
Acquisition Exemption--Lines of Union Pacific Railroad, 2 S.T.B. 218 
(1997).
    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 effectiveness of the 
exemption. Stay petitions must be filed no later than February 16, 2017 
(at least seven days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36090, must be filed with the Surface Transportation Board, 395 E 
Street SW., Washington, DC 20423-0001. In addition, one copy of each 
pleading must be served on Karl Morell, Karl Morell & Associates, Suite 
225, 655 Fifteenth St. NW., Washington, DC 20005.
    Board decisions and notices are available on our Web site at 
``WWW.STB.GOV.''

    Decided: February 3, 2017.

    By the Board, Scott M. Zimmerman, Acting Director, Office of 
Proceedings.
Raina S. Contee,
Clearance Clerk.
[FR Doc. 2017-02705 Filed 2-8-17; 8:45 am]
 BILLING CODE 4915-01-P