Transtar, Inc.-Control Exemption-Texas and Northern Railway Company, 44607 [E7-15289]
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sroberts on PROD1PC70 with NOTICES
Pamela Hamilton-Powell,
Director, Office of Rulemaking.
Petitions for Exemption
Docket No.: FAA–2007–28785.
Petitioner: United Parcel Service.
Section of 14 CFR Affected: 14 CFR
91.171.
Description of Relief Sought: United
Parcel Service Company (UPS) is
seeking relief from § 91.171 to the extent
necessary to allow UPS to conduct
domestic and international operations
with its Boeing–747–400F and similarly
equipped airplanes that have been
subject to Maintenance Steering Group
(MSG–3) analysis, by employing an
approved alternative means of verifying
very high frequency omnidirectional
VerDate Aug<31>2005
19:14 Aug 07, 2007
Jkt 211001
range (VOR) equipment operating
compliance.
[FR Doc. E7–15388 Filed 8–7–07; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 35070]
Transtar, Inc.—Control Exemption—
Texas and Northern Railway Company
Transtar, Inc. (Transtar), a noncarrier,
has filed a verified notice of exemption
to control Texas & Northern Railway
Company (T&NR), a Class III rail carrier,
as a result of Transtar’s acquisition of all
of T&NR’s issued and outstanding stock
(except certain qualifying shares) 1 from
a subsidiary of Transtar’s parent, United
States Steel Corporation (USS).
The transaction will be consummated
on or after August 22, 2007.
USS, a noncarrier, owns all of the
issued and outstanding stock of
Transtar, which is a noncarrier holding
company. Transtar in turn owns all of
the issued and outstanding stock of one
Class II carrier, the Elgin, Joliet and
Eastern Railway Company, and the
following five Class III carriers:
Birmingham Southern Railroad
Company; Delray Connecting Railroad
Company; The Lake Terminal Railroad
Company; McKeesport Connecting
Railroad Company; and Union Railroad
Company (collectively, the Transtar
Railroads). USS acquired control of
T&NR pursuant to a notice of exemption
in United States Steel Corporation—
Acquisition of Control Exemption—
Texas & Northern Railway Company,
STB Finance Docket No. 35027 (STB
served May 25, 2007).2 Transtar now
seeks to acquire control of T&NR to
consolidate all of the USS railroad
subsidiaries under the mantle of
Transtar. T&NR operates approximately
7.6 miles of main line track in Texas,
extending from the former Lone Star
Steel Company, LP facility at Lonestar,
TX, and connecting with the Kansas
City Southern Railway Company at the
far north point of the Veals Yard. T&NR
owns the Veals Yard and 32 miles of
storage track. USS will cause its indirect
subsidiary, LSS, to convey all of the
1 Transtar will acquire 99.9% of the issued and
outstanding stock of T&NR, with the balance of the
stock, one qualifying share held by each of two
directors of T&NR, as required by Texas law.
2 USS entered into an agreement and plan of
merger with Lone Star Technologies, Inc. (LST)
pursuant to which USS would acquire certain of the
subsidiaries of LST, including Lone Star Steel
Company, LP (LSS). T&NR is a wholly owned
subsidiary of LSS. The USS and LST transaction
was consummated on June 14, 2007.
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
44607
issued and outstanding stock of T&NR,
except the qualifying shares, to Transtar.
Transtar represents and warrants that:
(i) T&NR does not connect with any of
the Transtar Railroads; (ii) the
acquisition of control is not part of a
series of anticipated transactions that
would connect T&NR with any of the
railroads in the Transtar corporate
family; and (iii) the transaction does not
involve a Class I carrier. Transtar also
represents and warrants that the
transaction will not result in: (i) Any
adverse changes in service levels to the
public; (ii) significant operational
changes; or (iii) changes in the
competitive balance with carriers
outside the corporate family. Therefore,
the transaction is exempt from the prior
approval requirements of 49 U.S.C.
11323. See 49 CFR 1180.2(d)(2) and (3).
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 interest of its
employees. Because the transaction
involves the control of one Class II and
one or more Class III carriers, the
exemption is subject to the labor
protection requirements of 49 U.S.C.
11326(b).
If the notice contains false or
misleading information, the exemption
is void ab initio. Petition 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. Any
petition to revoke must be filed on or
before August 15, 2007 (at least 7 days
before the exemption becomes
effective).
An original and 10 copies of all
pleadings, referring to STB Finance
Docket No. 35070, must be filed with
the Surface Transportation Board, 395 E
Street, SW., Washington, DC 20423–
0001. In addition, a copy of all
pleadings must be served on A. Bradley
Cramer, Jr., United States Steel
Corporation, 600 Grant Street, Room
1500, Pittsburgh, PA 15219–2800; and
John A. Vuono, Vuono & Gray, LLC, 310
Grant Street, Suite 2310, Pittsburgh, PA
15219.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: August 1, 2007.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7–15289 Filed 8–7–07; 8:45 am]
BILLING CODE 4915–01–P
E:\FR\FM\08AUN1.SGM
08AUN1
Agencies
[Federal Register Volume 72, Number 152 (Wednesday, August 8, 2007)]
[Notices]
[Page 44607]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-15289]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 35070]
Transtar, Inc.--Control Exemption--Texas and Northern Railway
Company
Transtar, Inc. (Transtar), a noncarrier, has filed a verified
notice of exemption to control Texas & Northern Railway Company (T&NR),
a Class III rail carrier, as a result of Transtar's acquisition of all
of T&NR's issued and outstanding stock (except certain qualifying
shares) \1\ from a subsidiary of Transtar's parent, United States Steel
Corporation (USS).
---------------------------------------------------------------------------
\1\ Transtar will acquire 99.9% of the issued and outstanding
stock of T&NR, with the balance of the stock, one qualifying share
held by each of two directors of T&NR, as required by Texas law.
---------------------------------------------------------------------------
The transaction will be consummated on or after August 22, 2007.
USS, a noncarrier, owns all of the issued and outstanding stock of
Transtar, which is a noncarrier holding company. Transtar in turn owns
all of the issued and outstanding stock of one Class II carrier, the
Elgin, Joliet and Eastern Railway Company, and the following five Class
III carriers: Birmingham Southern Railroad Company; Delray Connecting
Railroad Company; The Lake Terminal Railroad Company; McKeesport
Connecting Railroad Company; and Union Railroad Company (collectively,
the Transtar Railroads). USS acquired control of T&NR pursuant to a
notice of exemption in United States Steel Corporation--Acquisition of
Control Exemption--Texas & Northern Railway Company, STB Finance Docket
No. 35027 (STB served May 25, 2007).\2\ Transtar now seeks to acquire
control of T&NR to consolidate all of the USS railroad subsidiaries
under the mantle of Transtar. T&NR operates approximately 7.6 miles of
main line track in Texas, extending from the former Lone Star Steel
Company, LP facility at Lonestar, TX, and connecting with the Kansas
City Southern Railway Company at the far north point of the Veals Yard.
T&NR owns the Veals Yard and 32 miles of storage track. USS will cause
its indirect subsidiary, LSS, to convey all of the issued and
outstanding stock of T&NR, except the qualifying shares, to Transtar.
---------------------------------------------------------------------------
\2\ USS entered into an agreement and plan of merger with Lone
Star Technologies, Inc. (LST) pursuant to which USS would acquire
certain of the subsidiaries of LST, including Lone Star Steel
Company, LP (LSS). T&NR is a wholly owned subsidiary of LSS. The USS
and LST transaction was consummated on June 14, 2007.
---------------------------------------------------------------------------
Transtar represents and warrants that: (i) T&NR does not connect
with any of the Transtar Railroads; (ii) the acquisition of control is
not part of a series of anticipated transactions that would connect
T&NR with any of the railroads in the Transtar corporate family; and
(iii) the transaction does not involve a Class I carrier. Transtar also
represents and warrants that the transaction will not result in: (i)
Any adverse changes in service levels to the public; (ii) significant
operational changes; or (iii) changes in the competitive balance with
carriers outside the corporate family. Therefore, the transaction is
exempt from the prior approval requirements of 49 U.S.C. 11323. See 49
CFR 1180.2(d)(2) and (3).
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 interest of its employees. Because the transaction involves
the control of one Class II and one or more Class III carriers, the
exemption is subject to the labor protection requirements of 49 U.S.C.
11326(b).
If the notice contains false or misleading information, the
exemption is void ab initio. Petition 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. Any petition to
revoke must be filed on or before August 15, 2007 (at least 7 days
before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to STB
Finance Docket No. 35070, must be filed with the Surface Transportation
Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, a
copy of all pleadings must be served on A. Bradley Cramer, Jr., United
States Steel Corporation, 600 Grant Street, Room 1500, Pittsburgh, PA
15219-2800; and John A. Vuono, Vuono & Gray, LLC, 310 Grant Street,
Suite 2310, Pittsburgh, PA 15219.
Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.
Decided: August 1, 2007.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7-15289 Filed 8-7-07; 8:45 am]
BILLING CODE 4915-01-P