Buffalo & Pittsburgh Railroad, Inc.-Lease and Operation Exemption-Norfolk Southern Railway Company and CSX Transportation, Inc.
Under 49 U.S.C. 10502, the Board is granting a petition for exemption from the prior approval requirements of 49 U.S.C. 11323-24 to enable Buffalo & Pittsburgh Railroad, Inc., a Class II rail carrier, to acquire from Norfolk Southern Railway Company (NSR), by assignment, NSR's lease of approximately 24.6 miles of a line of railroad that is owned by CSX Transportation, Inc. (CSXT). The line extends from milepost BKC 2.0 near Cloe, PA, to milepost BKC 26.6 at Ridge Branch Junction near Creekside, PA. The exemption is subject to employee protective conditions.
Establishment of a Rail Energy Transportation Advisory Committee
The Surface Transportation Board (Board) hereby gives notice of the membership of the Rail Energy Transportation Advisory Committee.
Simplified Standards for Rail Rate Cases
On September 5, 2007, the Board served a decision that modifies its simplified rail rate guidelines, creating a simplified stand-alone cost approach for medium-size rail rate disputes and revising its three-benchmark approach for smaller rail rate disputes. The Board also places limits on the total relief available over a 5- year period under these two simplified approaches. Several rules in the Code of Federal Regulations (CFR) have been updated to reflect the changes in the simplified rail rate dispute approaches.
Soo Line Railroad Company d/b/a Canadian Pacific Railway-Acquisition and Operation Exemption-BNSF Railway Company
The Board grants an exemption, under 49 U.S.C. 10502, from the prior approval requirements of 49 U.S.C. 11323-25 for Soo Line Railroad Company d/b/a Canadian Pacific Railway's (CPR), a Class I rail carrier, acquisition and operation of BNSF Railway Company's (BNSF), a Class I rail carrier, property interests in 35.26 miles of rail lines that are jointly owned by CPR and BNSF and a contiguous 9.96-mile rail line that is solely owned by BNSF,\1\ subject to labor protective conditions.