Surface Transportation Board December 30, 2008 – Federal Register Recent Federal Regulation Documents
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Genesee & Wyoming Inc.-Control Exemption-Aliquippa & Ohio River Railroad Co., The Columbus and Ohio River Rail Road Company, The Mahoning Valley Railway Company, Ohio and Pennsylvania Railroad Company, Ohio Central Railroad, Inc., The Pittsburgh & Ohio Central Railroad Company, Ohio Southern Railroad, Inc., Youngstown & Austintown Railroad, Inc., The Youngstown Belt Railroad Company, and The Warren & Trumbull Railroad 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 Genesee & Wyoming Inc. (GWI), a noncarrier, to acquire control of Summit View, Inc. (Summit View), and thereby to acquire control of the 10 Class III railroads controlled by Summit View, pursuant to a Stock Purchase Agreement entered into by and between GWI and Jerry Joe Jacobson, owner of all Summit View shares. The transaction will be subject to the labor protection required by 49 U.S.C. 11326(b).
Passenger Rail Investment and Improvement Act of 2008
The Surface Transportation Board will hold a public hearing beginning at 10 a.m. on Wednesday, February 11, 2009, at its headquarters in Washington, DC. The purpose of the public hearing will be allow interested persons to comment on the Board's new responsibilities in the recently passed Passenger Rail Investment and Improvement Act of 2008 (Pub. L. 110-432), and thereby assist the Board in effectively implementing these important new provisions of law.
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