Omnitrax Holdings Combined, Inc.-Acquisition of Control Exemption-Alabama & Tennessee River Railway, LLC, et al., 45594-45596 [2016-16671]
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45594
Federal Register / Vol. 81, No. 135 / Thursday, July 14, 2016 / Notices
Notice of solicitation of
comments.
ACTION:
NuStar Logistics, LP
(‘‘NuStar’’) applied for an amended
Presidential Permit from the Department
of State (‘‘State Department’’) to
authorize the operation and
maintenance of existing pipeline
facilities (the ‘‘Existing Burgos
Pipeline’’) at the United States-Mexico
border. Specifically, NuStar requested
that the Department amend the 2006
Presidential Permit to: (1) Reflect
NuStar’s name change from Valero
Logistics Operations, LP to NuStar
Logistics, LP as the owner and operator
of the Existing Burgos Pipeline and (2)
authorize the Existing Burgos Pipeline
border facilities to transport a broader
range of petroleum products than
allowed by the 2006 Presidential Permit,
including diesel, gasoline, jet fuel,
liquefied petroleum gas, and natural gas
liquids. The 2006 Presidential Permit
only allows transportation of light
naphtha.
After consulting with the public and
interested agencies, on June 10, 2016,
the State Department approved a Final
Environmental Assessment (‘‘EA’’) for
the Existing Burgos Pipeline and New
Burgos Pipeline and a Finding of No
Significant Impact (‘‘FONSI’’).
Background information related to the
application, including the EA and
FONSI may be found at: https://
www.state.gov/e/enr/applicant/
applicants/index.htm.
Executive Order 13337 (69 FR 25299)
calls on the Secretary of State, or his
designee, to determine if issuance of a
Presidential Permit would serve the
national interest. This decision will take
into account a wide range of factors,
including energy security;
environmental, cultural, and economic
impacts; foreign policy; and compliance
with relevant federal regulations and
issues.
The State Department invites
members of the public to comment on
any factor they deem relevant to the
national interest determination that will
be made for this permit application.
Along with other factors such as those
listed above, these comments will be
considered in the final national interest
determination. The public comment
period will end 30 days from the
publication of this notice.
Comments are not private. They will
be posted on the site https://
www.regulations.gov. The comments
will not be edited to remove identifying
or contact information, and the State
Department cautions against including
any information that one does not want
publicly disclosed. The State
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SUMMARY:
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Department requests that any part
soliciting or aggregating comments
received from other persons for
submission to the State Department
inform those persons that the State
Department will not edit their
comments to remove identifying or
contact information, and that they
should not include any information in
their comments that they do not want
publicly disclosed.
DATES: Comments must be submitted no
later than August 15, 2016 at 11:59 p.m.
ADDRESSES: For reasons of efficiency,
the State Department encourages the
electronic submission of comments
through the federal government’s
eRulemaking Portal (https://
www.regulations.gov), enter the Docket
No. DOS–2016–0050 and follow the
prompts to submit a comment.
The State Department also will accept
comments submitted in hard copy by
mail and postmarked no later than
August 15, 2016. Please note that
standard mail delivery to the State
Department can be delayed due to
security screening. To submit comments
by mail, use the following address:
Office of Energy Diplomacy, Energy
Resources Bureau (ENR/EDP/EWA)
Department of State 2201 C St. NW., Ste.
4428, Attn: Sydney Kaufman,
Washington, DC 20520.
Dated: July 7, 2016.
R. Chris Davy,
Deputy Director, Office of Europe, Western
Hemisphere and Africa, Bureau of Energy
Resource, Department of State.
[FR Doc. 2016–16677 Filed 7–13–16; 8:45 am]
BILLING CODE 4710–AE–P
DEPARTMENT OF STATE
[Public Notice: 9633]
Executive Order 13224 Designation of
Ayrat Nasimovich Vakhitov, aka Aiat
Nasimovich Vahitov, aka Airat
Vakhitov, aka Aryat Vakhitov, aka Airat
Wakhitov, aka Taub Ayrat Vakhitov,
aka Salman Bulgarsky, aka Salman
Bulgarskiy, as a Specially Designated
Global Terrorist
Acting under the authority of and in
accordance with section 1(b) of
Executive Order 13224 of September 23,
2001, as amended by Executive Order
13268 of July 2, 2002, and Executive
Order 13284 of January 23, 2003, I
hereby determine that the individual
known as Ayrat Nasimovich Vakhitov,
also known as Aiat Nasimovich Vahitov,
also known as Airat Vakhitov, also
known as Aryat Vakhitov, also known
as Airat Wakhitov, also known as Taub
Ayrat Vakhitov, also known as Salman
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Fmt 4703
Sfmt 4703
Bulgarsky, also known as Salman
Bulgarskiy, committed, or poses a
significant risk of committing, acts of
terrorism that threaten the security of
U.S. nationals or the national security,
foreign policy, or economy of the United
States.
Consistent with the determination in
section 10 of Executive Order 13224 that
prior notice to persons determined to be
subject to the Order who might have a
constitutional presence in the United
States would render ineffectual the
blocking and other measures authorized
in the Order because of the ability to
transfer funds instantaneously, I
determine that no prior notice needs to
be provided to any person subject to this
determination who might have a
constitutional presence in the United
States, because to do so would render
ineffectual the measures authorized in
the Order.
This notice shall be published in the
Federal Register.
Dated: June 29, 2016.
John F. Kerry,
Secretary of State.
[FR Doc. 2016–16569 Filed 7–13–16; 8:45 am]
BILLING CODE 4710–AD–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36032]
Omnitrax Holdings Combined, Inc.—
Acquisition of Control Exemption—
Alabama & Tennessee River Railway,
LLC, et al.
On May 5, 2016, OmniTRAX
Holdings Combined, Inc. (OmniTRAX)
filed a petition for exemption from the
requirements of 49 U.S.C. 11323–25.1
OmniTRAX seeks after-the-fact Board
authority for transactions that occurred
on December 31, 2015, where
OmniTRAX acquired direct and
exclusive control over 18 Class III
railroads.2 (Pet. 2–5.) OmniTRAX states
1 Although the petition initially states that it is
seeking an exemption from the requirements of only
11324 and 11325 (Pet. 2), it later specifically
references 11323 as well (Pet. 6, 9).
2 The railroads and the state(s) they operate in are
as follows:
* Alabama & Tennessee River Railway, LLC:
Alabama
* Alliance Terminal Railroad, LLC: Texas (not
currently in operation)
* Brownsville & Rio Grande International
Railway, LLC: Texas
* Chicago Rail Link, LLC: Illinois
* Fulton County Railway, LLC: Georgia
+ Georgia & Florida Railway, LLC: Georgia,
Florida
* Georgia Woodlands Railroad, LLC: Georgia
* Great Western Railway of Colorado, LLC:
Colorado
+ Illinois Railway, LLC: Illinois
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Federal Register / Vol. 81, No. 135 / Thursday, July 14, 2016 / Notices
that its failure to obtain proper Board
authority prior to the transactions was
due to inadvertent oversight. (Pet. 2.)
This proceeding is related to two
pending class exemption proceedings:
Docket No. FD 36018, in which Central
Texas & Colorado River Railway, LLC
(CTCR), a noncarrier subsidiary of
OmniTRAX, seeks to acquire and
operate a line of railroad, and Docket
No. FD 36019, in which OmniTRAX
seeks to continue in control of CTCR
upon its becoming a Class III rail carrier.
On May 24, 2016, OmniTRAX filed a
supplement to its petition for
exemption, providing additional
information and a request for expedited
action so as not to delay capital
improvement plans for the CTCR. By
decision served on May 26, 2016, the
Board held the related proceedings in
Docket Nos. FD 36018 and FD 36019 in
abeyance pending action on
OmniTRAX’s petition for exemption in
this proceeding. Cent. Tex. & Colo. River
Ry.—Acquis. & Operation Exemption—
Line of Heart of Tex. R.R., FD 36018, et
al. (STB served May 26, 2016).
OmniTRAX’s petition for exemption
will be granted. Because we are granting
the petition for exemption in this
proceeding, we are also reactivating the
proceedings in Docket Nos. FD 36018
and FD 36019 by serving and publishing
those notices in the Federal Register.
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Background
OmniTRAX is a non-carrier holding
company established to control short
line railroads. (Pet. 2.) OmniTRAX
states that it is owned by three separate
and independent corporations, none of
which possess a controlling interest in
OmniTRAX.3 (Id. at 5.)
Prior to the December 31, 2015
transactions in which OmniTRAX
acquired direct and exclusive control of
18 Class III rail carriers, Patrick D. Broe
(Broe) indirectly controlled 17 of the 18
Class III railroads. Twelve of the
* Kettle Falls International Railway, LLC:
Washington (and British Columbia, Canada)
* Manufacturers’ Junction Railway, LLC: Illinois
+ Nebraska, Kansas & Colorado Railway, LLC:
Nebraska, Kansas, Colorado
* Newburgh & South Shore Railroad, LLC: Ohio
* Northern Ohio & Western Railway, LLC: Ohio
* Panhandle Northern Railroad, LLC: Texas Peru
Industrial Railroad, LLC: Illinois
+ Sand Springs Railway Company: Oklahoma
+ Stockton Terminal and Eastern Railroad:
California (Pet. 3.)
3 OmniTRAX states that ‘‘no individual or
corporate entity possesses a direct or indirect
controlling interest in OmniTRAX at this time.’’
(Pet. 5.) Control is a fact-intensive determination,
and this decision makes no finding based on this
statement by OmniTRAX. If, as one example, an
individual directly or indirectly controlled two of
the three parent corporations of OmniTRAX, that
individual would also need Board authority.
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railroads 4 were directly controlled by
OmniTRAX Holdings, LLC (OTH),
which was controlled by OmniTRAX,
Inc. (OTI), which was in turn controlled
by Broe. In addition, Broe also
indirectly controlled 5 other railroads,5
but through other ‘‘corporate
arrangements not involving OTI or
OTH.’’ (Pet. 4.)
Additionally, Broe held a noncontrolling interest in the 18th railroad,
Peru Industrial Railroad, LLC (PIR), an
independent short line operating in
Illinois. PIR connects with one of the
other Class III railroads—Illinois
Railway, LLC (IR)—that was acquired in
the OmniTRAX transactions. These two
railroads connect at Peru, Ill., but
OmniTRAX asserts that the respective
railroad lines do not access or serve any
common industry or customer(s).
OmniTRAX states that IR previously
obtained exemption authority to lease
and operate over PIR’s lines in Illinois
Railway—Lease & Operation
Exemption—Rail Line of Peru Land
Acquisition 2, LLC, FD 35886 (STB
served Dec. 24, 2014). (Suppl. 6.)
As mentioned above, OmniTRAX
requests expedited action because this
proceeding is the limiting factor to
obtaining regulatory authority in the
two related proceedings in Docket Nos.
FD 36018 and FD 36019. OmniTRAX
states that holding those dockets in
abeyance could result in delays to
critical railroad physical plant
improvements. (Suppl. 7.)
Discussion and Conclusions
The acquisition of control of a rail
carrier (or carriers) by a person that is
not a rail carrier but that controls any
number of rail carriers requires approval
by the Board pursuant to 49 U.S.C.
11323(a)(5). Under 10502(a), however,
we must exempt a transaction or service
from regulation if we find that: (1)
Regulation is not necessary to carry out
4 These twelve carriers are denoted with an
asterisk in footnote 3.
5 These five carriers are denoted with a plus
symbol in footnote 3. Although the petition did not
provide details of the relationship between Broe
and these carriers, in Patrick D. Broe—Acquisition
of Control Exemption—Stockton Terminal &
Eastern Railroad, FD 35525 (STB served July 15,
2011), Broe obtained authority to acquire indirect
control via ST&E Holdings, Inc., of one of the five
carriers, the Stockton Terminal & Eastern Railroad
Company. Later, in Patrick D. Broe—Acquisition of
Control Exemption—Sand Springs Railway, FD
35829 (STB served June 12, 2014), Broe obtained
authority to acquire indirect control via Sand
Springs Holdings, LLC, of another of the five
carriers, the Sand Springs Railway Company. In
Broe’s 2014 filings with the Board in the latter
docket, he noted that he controls BNS Holdings,
Inc., a noncarrier that indirectly controlled the three
remaining carriers. Broe Notice of Exemption 4,
Patrick D. Broe—Acquis. of Control Exemption—
Sand Springs Ry., FD 35829.
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45595
the rail transportation policy (RTP) of
10101; and (2) either the transaction or
service is limited in scope, or regulation
is not needed to protect shippers from
the abuse of market power.
In this case, an exemption from the
prior approval requirements of 49 U.S.C.
11323–25 is consistent with the
standards of 10502. Detailed scrutiny of
the proposed transactions through an
application for review and approval
under 11323–25 is not necessary here to
carry out the RTP. Approval of the
transactions at issue will result in a
change in ownership of the 18
aforementioned rail carriers with no
lessening of competition and will bring
those railroads under the oversight of
established short-line management. An
exemption will promote the RTP by
minimizing the need for federal
regulatory control over the transactions,
10101(2); ensuring the development and
continuation of a sound rail
transportation system that will continue
to meet the needs of the public,
10101(4); reducing the barriers to entry
and exit from the rail transportation
industry, 10101(7); encouraging efficient
management, 10101(9); and providing
for the expeditious resolution of this
and the related proceedings, 10101(15).
Other aspects of the RTP will not be
adversely affected.
Nor is detailed scrutiny of the
proposed transactions necessary to
protect shippers from an abuse of
market power. According to
OmniTRAX, no shipper will lose access
to rail service as a result of the
transactions, and operations will
continue as they did before OmniTRAX
assumed control. (Pet. 9.) Further,
OmniTRAX states that the relevant
agreements related to the acquisitions
contain no provision that would limit
any of the 18 railroads’ future
interchange of traffic to or from thirdparty connecting carriers. (Id.) Although
PIR connects with IR, OmniTRAX states
that their lines do not access or serve
any common industry or customers. In
addition, OmniTRAX states that ‘‘PIR’s
only outlet to the balance of the
interstate railroad network is via its
connection to IR,’’ that PIR and its
customers would continue to rely upon
intermediate IR service to reach linehaul carriers. (Suppl. 6.) Accordingly,
based on the record, these transactions
do not appear to shift or consolidate
market power; therefore, we do not find
that regulation is necessary to protect
shippers from the abuse of market
power.6
6 As there is no evidence that regulation is needed
to protect shippers from the abuse of market power,
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Federal Register / Vol. 81, No. 135 / Thursday, July 14, 2016 / Notices
Under 49 U.S.C. 10502(g), we may not
use our exemption authority to relieve
a rail carrier of its statutory obligation
to protect the interests of its employees.
The Board, however, is not required to
impose labor protective conditions
when only Class III rail carriers are
involved in a transaction that falls
under 49 U.S.C. 11324–25, as is the case
here. 49 U.S.C. 11326(c).
These transactions are categorically
excluded from environmental review
under 49 CFR. 1105.6(c)(2)(i) because
they will not result in any significant
change in carrier operations. Similarly,
the transactions are exempt from the
historic reporting requirements under
49 CFR. 1105.8(b)(3) because they will
not substantially change the level of
maintenance of railroad properties.
As indicated, OmniTRAX has
requested expedited action to avoid
delays to critical railroad physical plant
improvements. We find OmniTRAX’s
request to be reasonable. We will grant
the exemption and the exemption will
be effective immediately.
It is ordered:
1. Under 49 U.S.C. 10502, the Board
exempts the above-described
transactions from the prior approval
requirements of 11323–25.
2. Notice will be published in the
Federal Register.
3. This exemption will be effective on
July 14, 2016.
Decided: July 11, 2016.
By the Board, Chairman Elliott, Vice
Chairman Miller, and Commissioner
Begeman.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2016–16671 Filed 7–13–16; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36018]
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Central Texas & Colorado River
Railway, LLC—Acquisition and
Operation Exemption—Line of Heart of
Texas Railroad, L.P.
Central Texas & Colorado River
Railway, LLC (CTCR), a noncarrier, has
filed a verified notice of exemption
under 49 CFR 1150.31 to acquire from
Heart of Texas Railroad, L.P. (HTR), and
to operate a line of railroad extending
between Lometa, Tex., and Brady, Tex.
(the Brady Line). CTCR will acquire the
67.5-mile Brady Line, which connects
with a BNSF Railway Company line at
milepost 0.0 in Lometa and continues to
we do not need to determine whether the
transaction is limited in scope. See 49 U.S.C.
10502(a).
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19:33 Jul 13, 2016
Jkt 238001
the end of the track in Brady, pursuant
to a purchase and sale agreement.
CTCR states that HTR has operated
the Brady Line since 2013 when HTR
acquired the Brady Line from the
bankruptcy estate of the prior owner.1
CTCR is a subsidiary of OmniTRAX
Holdings Combined, Inc. (OmniTRAX).
This transaction is related to a
concurrently filed verified notice of
exemption in OmniTRAX Holdings
Combined, Inc.—Continuance in
Control Exemption—Central Texas &
Colorado River Railway, Docket No. FD
36019, in which OmniTRAX seeks
Board approval under 49 CFR
1180.2(d)(2) to continue in control of
CTCR upon CTCR’s becoming a Class III
rail carrier. OmniTRAX currently
controls 18 Class III rail carriers
(OmniTRAX Railroads) in the United
States.2
This exemption is effective July 28,
2016.
CTCR certifies that its projected
annual revenues as a result of this
transaction will not result in the
creation of a Class II or Class I rail
carrier and does not exceed $5 million.
CTCR also certifies that the purchase
and sale agreement between HTR and
CTCR does not involve any provision
limiting CTCR’s future interchange of
traffic with a third-party connecting
carrier.
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 to stay must be
filed no later than July 21, 2016 (at least
seven days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
36018, must be filed with the Surface
1 See Heart of Tex. R.R.—Acquis. & Operation
Exemption—Gulf Colo. & San Saba Ry., FD 35710
(STB served Jan. 4, 2013).
2 In its verified notice filed in Docket No FD.
36019, OmniTRAX explains that in preparing the
two related class exemption filings, it was
discovered that OmniTRAX had acquired direct and
exclusive control of the 18 OmniTRAX Railroads on
December 31, 2015. It states that it inadvertently
did not seek advanced authority to engage in the
acquisition of control, ‘‘in part because of the
preexisting close association among all of the
involved carriers and their largely common short
line heritage.’’ On May 5, 2016, OmniTRAX filed
a petition for exemption in Docket No. FD 36032
to seek the requisite authority to acquire control of
the OmniTRAX Railroads, and by decision served
on May 26, 2016, the Board held the notice of
exemption proceedings in abeyance pending a
ruling on the petition. The Board granted the
petition in a decision served July 14, 2016, and
therefore is removing this proceeding from
abeyance and publishing this notice.
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Fmt 4703
Sfmt 4703
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on William C. Sippel, Fletcher
& Sippel LLC, 29 North Wacker Drive,
Suite 920, Chicago, IL 60606.
According to CTCR, this action is
categorically excluded from
environmental review under 49 CFR
1105.6(c).
Board decisions and notices are
available on our Web site at
‘‘WWW.STB.DOT.GOV.’’
Decided: July 11, 2016.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Tia Delano,
Clearance Clerk.
[FR Doc. 2016–16673 Filed 7–13–16; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36019]
OmniTRAX Holdings Combined, Inc.—
Continuance in Control Exemption—
Central Texas & Colorado River
Railway, LLC
OmniTRAX Holdings Combined, Inc.
(OmniTRAX) has filed a verified notice
of exemption pursuant to 49 CFR
1180.2(d)(2) to continue in control of
Central Texas & Colorado River Railway,
LLC (CTCR), a noncarrier, upon CTCR’s
becoming a Class III rail carrier. CTCR
is a wholly owned subsidiary of
OmniTRAX.
This transaction is related to a
concurrently filed verified notice of
exemption in Central Texas & Colorado
River Railway—Acquisition & Operation
Exemption—Line of Heart of Texas
Railroad, Docket No. FD 36018, in
which CTCR seeks Board approval
under 49 CFR 1150.31 to acquire and
operate a line of railroad extending 67.5
miles from Lometa, Tex., to the end of
the track at Brady, Tex. (the Brady Line).
OmniTRAX is a noncarrier holding
company that controls 18 Class III rail
carrier subsidiaries (the OmniTRAX
Railroads) subject to the Board’s
jurisdiction.1 This transaction will
1 In its verified notice, OmniTRAX explains that
in preparing the two related class exemption filings,
it was discovered that OmniTRAX had acquired
direct and exclusive control of the 18 OmniTRAX
Railroads on December 31, 2015. It states that it
inadvertently did not seek advanced authority to
engage in the acquisition of control, ‘‘in part
because of the preexisting close association among
all of the involved carriers and their largely
common short line heritage.’’ On May 5, 2016,
OmniTRAX filed a petition for exemption in Docket
No. FD 36032 to seek the requisite authority to
acquire control of the OmniTRAX Railroads, and by
decision served on May 26, 2016, the Board held
the notice of exemption proceedings in abeyance
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Agencies
[Federal Register Volume 81, Number 135 (Thursday, July 14, 2016)]
[Notices]
[Pages 45594-45596]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16671]
=======================================================================
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36032]
Omnitrax Holdings Combined, Inc.--Acquisition of Control
Exemption--Alabama & Tennessee River Railway, LLC, et al.
On May 5, 2016, OmniTRAX Holdings Combined, Inc. (OmniTRAX) filed a
petition for exemption from the requirements of 49 U.S.C. 11323-25.\1\
OmniTRAX seeks after-the-fact Board authority for transactions that
occurred on December 31, 2015, where OmniTRAX acquired direct and
exclusive control over 18 Class III railroads.\2\ (Pet. 2-5.) OmniTRAX
states
[[Page 45595]]
that its failure to obtain proper Board authority prior to the
transactions was due to inadvertent oversight. (Pet. 2.)
---------------------------------------------------------------------------
\1\ Although the petition initially states that it is seeking an
exemption from the requirements of only 11324 and 11325 (Pet. 2), it
later specifically references 11323 as well (Pet. 6, 9).
\2\ The railroads and the state(s) they operate in are as
follows:
* Alabama & Tennessee River Railway, LLC: Alabama
* Alliance Terminal Railroad, LLC: Texas (not currently in
operation)
* Brownsville & Rio Grande International Railway, LLC: Texas
* Chicago Rail Link, LLC: Illinois
* Fulton County Railway, LLC: Georgia
\+\ Georgia & Florida Railway, LLC: Georgia, Florida
* Georgia Woodlands Railroad, LLC: Georgia
* Great Western Railway of Colorado, LLC: Colorado
\+\ Illinois Railway, LLC: Illinois
* Kettle Falls International Railway, LLC: Washington (and
British Columbia, Canada)
* Manufacturers' Junction Railway, LLC: Illinois
\+\ Nebraska, Kansas & Colorado Railway, LLC: Nebraska, Kansas,
Colorado
* Newburgh & South Shore Railroad, LLC: Ohio
* Northern Ohio & Western Railway, LLC: Ohio
* Panhandle Northern Railroad, LLC: Texas Peru Industrial
Railroad, LLC: Illinois
\+\ Sand Springs Railway Company: Oklahoma
\+\ Stockton Terminal and Eastern Railroad: California (Pet. 3.)
---------------------------------------------------------------------------
This proceeding is related to two pending class exemption
proceedings: Docket No. FD 36018, in which Central Texas & Colorado
River Railway, LLC (CTCR), a noncarrier subsidiary of OmniTRAX, seeks
to acquire and operate a line of railroad, and Docket No. FD 36019, in
which OmniTRAX seeks to continue in control of CTCR upon its becoming a
Class III rail carrier. On May 24, 2016, OmniTRAX filed a supplement to
its petition for exemption, providing additional information and a
request for expedited action so as not to delay capital improvement
plans for the CTCR. By decision served on May 26, 2016, the Board held
the related proceedings in Docket Nos. FD 36018 and FD 36019 in
abeyance pending action on OmniTRAX's petition for exemption in this
proceeding. Cent. Tex. & Colo. River Ry.--Acquis. & Operation
Exemption--Line of Heart of Tex. R.R., FD 36018, et al. (STB served May
26, 2016).
OmniTRAX's petition for exemption will be granted. Because we are
granting the petition for exemption in this proceeding, we are also
reactivating the proceedings in Docket Nos. FD 36018 and FD 36019 by
serving and publishing those notices in the Federal Register.
Background
OmniTRAX is a non-carrier holding company established to control
short line railroads. (Pet. 2.) OmniTRAX states that it is owned by
three separate and independent corporations, none of which possess a
controlling interest in OmniTRAX.\3\ (Id. at 5.)
---------------------------------------------------------------------------
\3\ OmniTRAX states that ``no individual or corporate entity
possesses a direct or indirect controlling interest in OmniTRAX at
this time.'' (Pet. 5.) Control is a fact-intensive determination,
and this decision makes no finding based on this statement by
OmniTRAX. If, as one example, an individual directly or indirectly
controlled two of the three parent corporations of OmniTRAX, that
individual would also need Board authority.
---------------------------------------------------------------------------
Prior to the December 31, 2015 transactions in which OmniTRAX
acquired direct and exclusive control of 18 Class III rail carriers,
Patrick D. Broe (Broe) indirectly controlled 17 of the 18 Class III
railroads. Twelve of the railroads \4\ were directly controlled by
OmniTRAX Holdings, LLC (OTH), which was controlled by OmniTRAX, Inc.
(OTI), which was in turn controlled by Broe. In addition, Broe also
indirectly controlled 5 other railroads,\5\ but through other
``corporate arrangements not involving OTI or OTH.'' (Pet. 4.)
---------------------------------------------------------------------------
\4\ These twelve carriers are denoted with an asterisk in
footnote 3.
\5\ These five carriers are denoted with a plus symbol in
footnote 3. Although the petition did not provide details of the
relationship between Broe and these carriers, in Patrick D. Broe--
Acquisition of Control Exemption--Stockton Terminal & Eastern
Railroad, FD 35525 (STB served July 15, 2011), Broe obtained
authority to acquire indirect control via ST&E Holdings, Inc., of
one of the five carriers, the Stockton Terminal & Eastern Railroad
Company. Later, in Patrick D. Broe--Acquisition of Control
Exemption--Sand Springs Railway, FD 35829 (STB served June 12,
2014), Broe obtained authority to acquire indirect control via Sand
Springs Holdings, LLC, of another of the five carriers, the Sand
Springs Railway Company. In Broe's 2014 filings with the Board in
the latter docket, he noted that he controls BNS Holdings, Inc., a
noncarrier that indirectly controlled the three remaining carriers.
Broe Notice of Exemption 4, Patrick D. Broe--Acquis. of Control
Exemption--Sand Springs Ry., FD 35829.
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Additionally, Broe held a non-controlling interest in the 18th
railroad, Peru Industrial Railroad, LLC (PIR), an independent short
line operating in Illinois. PIR connects with one of the other Class
III railroads--Illinois Railway, LLC (IR)--that was acquired in the
OmniTRAX transactions. These two railroads connect at Peru, Ill., but
OmniTRAX asserts that the respective railroad lines do not access or
serve any common industry or customer(s). OmniTRAX states that IR
previously obtained exemption authority to lease and operate over PIR's
lines in Illinois Railway--Lease & Operation Exemption--Rail Line of
Peru Land Acquisition 2, LLC, FD 35886 (STB served Dec. 24, 2014).
(Suppl. 6.)
As mentioned above, OmniTRAX requests expedited action because this
proceeding is the limiting factor to obtaining regulatory authority in
the two related proceedings in Docket Nos. FD 36018 and FD 36019.
OmniTRAX states that holding those dockets in abeyance could result in
delays to critical railroad physical plant improvements. (Suppl. 7.)
Discussion and Conclusions
The acquisition of control of a rail carrier (or carriers) by a
person that is not a rail carrier but that controls any number of rail
carriers requires approval by the Board pursuant to 49 U.S.C.
11323(a)(5). Under 10502(a), however, we must exempt a transaction or
service from regulation if we find that: (1) Regulation is not
necessary to carry out the rail transportation policy (RTP) of 10101;
and (2) either the transaction or service is limited in scope, or
regulation is not needed to protect shippers from the abuse of market
power.
In this case, an exemption from the prior approval requirements of
49 U.S.C. 11323-25 is consistent with the standards of 10502. Detailed
scrutiny of the proposed transactions through an application for review
and approval under 11323-25 is not necessary here to carry out the RTP.
Approval of the transactions at issue will result in a change in
ownership of the 18 aforementioned rail carriers with no lessening of
competition and will bring those railroads under the oversight of
established short-line management. An exemption will promote the RTP by
minimizing the need for federal regulatory control over the
transactions, 10101(2); ensuring the development and continuation of a
sound rail transportation system that will continue to meet the needs
of the public, 10101(4); reducing the barriers to entry and exit from
the rail transportation industry, 10101(7); encouraging efficient
management, 10101(9); and providing for the expeditious resolution of
this and the related proceedings, 10101(15). Other aspects of the RTP
will not be adversely affected.
Nor is detailed scrutiny of the proposed transactions necessary to
protect shippers from an abuse of market power. According to OmniTRAX,
no shipper will lose access to rail service as a result of the
transactions, and operations will continue as they did before OmniTRAX
assumed control. (Pet. 9.) Further, OmniTRAX states that the relevant
agreements related to the acquisitions contain no provision that would
limit any of the 18 railroads' future interchange of traffic to or from
third-party connecting carriers. (Id.) Although PIR connects with IR,
OmniTRAX states that their lines do not access or serve any common
industry or customers. In addition, OmniTRAX states that ``PIR's only
outlet to the balance of the interstate railroad network is via its
connection to IR,'' that PIR and its customers would continue to rely
upon intermediate IR service to reach line-haul carriers. (Suppl. 6.)
Accordingly, based on the record, these transactions do not appear to
shift or consolidate market power; therefore, we do not find that
regulation is necessary to protect shippers from the abuse of market
power.\6\
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\6\ As there is no evidence that regulation is needed to protect
shippers from the abuse of market power, we do not need to determine
whether the transaction is limited in scope. See 49 U.S.C. 10502(a).
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[[Page 45596]]
Under 49 U.S.C. 10502(g), we may not use our exemption authority to
relieve a rail carrier of its statutory obligation to protect the
interests of its employees. The Board, however, is not required to
impose labor protective conditions when only Class III rail carriers
are involved in a transaction that falls under 49 U.S.C. 11324-25, as
is the case here. 49 U.S.C. 11326(c).
These transactions are categorically excluded from environmental
review under 49 CFR. 1105.6(c)(2)(i) because they will not result in
any significant change in carrier operations. Similarly, the
transactions are exempt from the historic reporting requirements under
49 CFR. 1105.8(b)(3) because they will not substantially change the
level of maintenance of railroad properties.
As indicated, OmniTRAX has requested expedited action to avoid
delays to critical railroad physical plant improvements. We find
OmniTRAX's request to be reasonable. We will grant the exemption and
the exemption will be effective immediately.
It is ordered:
1. Under 49 U.S.C. 10502, the Board exempts the above-described
transactions from the prior approval requirements of 11323-25.
2. Notice will be published in the Federal Register.
3. This exemption will be effective on July 14, 2016.
Decided: July 11, 2016.
By the Board, Chairman Elliott, Vice Chairman Miller, and
Commissioner Begeman.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2016-16671 Filed 7-13-16; 8:45 am]
BILLING CODE 4915-01-P