[Federal Register Volume 85, Number 127 (Wednesday, July 1, 2020)]
[Notices]
[Pages 39659-39660]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14144]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36415]


Youngstown & Southeastern Railroad, LLC--Acquisition and 
Operation Exemption--Youngstown & Southeastern Railroad Company

    Youngstown & Southeastern Railroad, LLC (YSR), a noncarrier, has 
filed a verified notice of exemption under 49 CFR 1150.31 to acquire 
from Youngstown & Southeastern Railroad Company (Y&S) and operate 
approximately 35.7 miles of rail line between milepost 0.0 in 
Youngstown, Ohio, and milepost 35.7 in Darlington, Pa. (the Line), 
together with Y&S's rights over three miles of contiguous track 
segments, including incidental trackage rights, running from east of 
milepost 0.0 and connecting the Line to interchanges with Norfolk 
Southern Railway Company (NSR) and CSX Transportation, Inc. (CSXT).\1\
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    \1\ According to the verified notice, Y&S acquired the Line and 
rights over the contiguous track segments from Mule Sidetracks, LLC 
(MSLLC). See Youngstown & Se. R.R.--Acquis. & Operation Exemption--
Mule Sidetracks, LLC, FD 36342 (STB served Aug. 30, 2019). YSR 
states that the rights are found in various agreements, described in 
the verified notice, under which MSLLC had succeeded to the 
interests of the Line's previous owner, Columbiana County Port 
Authority.
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    YSR states that it is a newly established subsidiary of MB Rail IB, 
LLC (MB Rail), formed to acquire and operate the Line. The acquisition 
is part of a larger transaction between MB Rail and Indiana Boxcar 
Corporation (IBC) under which MB Rail will acquire all of the equity in 
two railroads currently owned by IBC; MB Rail's subsidiary YSR will 
acquire the Line and other assets of a third IBC railroad, Y&S and 
another MB Rail subsidiary, Camp Chase Rail, LLC (Camp Chase Rail) will 
acquire a rail line and other assets of a fourth IBC railroad, Camp 
Chase Railway Company, LLC (CCRY).
    This transaction is related to two concurrently filed verified 
notices of exemption: MB Rail IB, LLC--Acquisition & Continuance in 
Control Exemption--Chesapeake & Indiana Railroad, Vermilion Valley 
Railroad, Camp Chase Rail, & Youngstown & Southeastern Railroad, Docket 
No. FD 36413, in which MB Rail seeks, among other things, to continue 
in control of YSR upon YSR's becoming a Class III

[[Page 39660]]

rail carrier; and Camp Chase Rail--Acquisition & Operation Exemption--
Camp Chase Railway, Docket No. FD 36414, in which Camp Chase Rail seeks 
to acquire the rail line of CCRY.
    YSR certifies that its projected annual revenues as a result of 
this transaction will not exceed $5 million or the threshold required 
to qualify as a Class III carrier. YSR also certifies that the proposed 
acquisition and operation of the Line do not involve a provision or 
agreement that may limit future interchange with a third-party 
connecting carrier.
    The transaction may be consummated on or after July 15, 2020, the 
effective date of the exemption (30 days after the verified notice 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 effectiveness of the 
exemption. Petitions for stay must be filed no later than July 8, 2020 
(at least seven days before the exemption becomes effective).
    All pleadings, referring to Docket No. FD 36415, must be filed with 
the Surface Transportation Board either via e-filing or in writing 
addressed to 395 E Street SW, Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on YSR's representative, Charles 
H. Montange, Law Offices of Charles H. Montange, 426 NW 162nd Street, 
Seattle, WA 98177.
    According to YSR, this action is categorically excluded from 
environmental review under 49 CFR 1105.6(c) and from historic reporting 
requirements under 49 CFR 1105.8(b).
    Board decisions and notices are available at www.stb.gov.

    Decided: June 25, 2020.

    By the Board, Allison C. Davis, Director, Office of Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2020-14144 Filed 6-30-20; 8:45 am]
BILLING CODE 4915-01-P