BNSF Railway Company-Abandonment Exemption-in Oklahoma County, OK; Stillwater Central Railroad, Inc.-Discontinuance of Service Exemption-in Oklahoma County, OK
Under 49 U.S.C. 10502(a), on its own motion, the Board is granting an individual exemption from the prior approval requirements of 49 U.S.C. 10903 for Stillwater Central Railroad, Inc. (SLWC) to discontinue service over approximately 0.95 miles of railroad in Oklahoma City, Oklahoma County, OK. A petition to reject the notice of exemption filed by SLWC is granted. The Board is affirming BNSF Railway Company's (BNSF) use of the class exemption to abandon 2.95 miles of the line and denying a petition to reject the notice of exemption filed by BNSF.
Norfolk Southern Railway Company-Discontinuance Exemption-in Mercer County, NJ; CSX Transportation, Inc.-Discontinuance Exemption-in Mercer County, NJ
The Board, on its own motion, in a decision served on January 26, 2007, is exempting Norfolk Southern Railway Company and CSX Transportation, Inc. from the prior approval requirements of 49 U.S.C. 10903 to discontinue service over a line of railroad known as the Robbinsville Industrial Track, subject to the employee protective conditions in Oregon Short Line R. Co.AbandonmentGoshen, 360 I.C.C. 91 (1979). The line extends between milepost 32.20 and milepost 37.90 in the cities of Hamilton Township and Washington Township, Mercer County, NJ, a distance of approximately 5.7 miles. The decision also grants a petition for reconsideration filed by Mr. James Riffin in a related docket, STB Docket No. AB-167 (Sub-No. 1185X), a proceeding in which Consolidated Rail Corporation filed a notice of exemption to abandon the instant line.
Methodology To Be Employed in Determining the Railroad Industry's Cost of Capital
The Surface Transportation Board will hold a public hearing beginning at 9:30 a.m. on Thursday, February 15, 2007, at its offices in Washington, DC. The purpose of the hearing will be for members of the public to present their views to assist the Board in its examination of the appropriate methodology to be employed in determining the railroad industry's estimated cost of capital to be used in future annual cost-of-capital determinations. Persons wishing to speak at the hearing should notify the Board in writing.