Federal Register #FD 36919

Notice of Lease and Operation Exemption for Galveston Railroad, L.P. at Port of Galveston

This notice from the Surface Transportation Board concerns a lease and operation exemption for Galveston Railroad, L.P. (GVSR), a subsidiary of Genesee & Wyoming Inc., involving rail operations at the Port of Galveston, Texas. - Government Buyer: - Surface Transportation Board (STB) - Parties Involved: - Galveston Railroad, L.P. (GVSR), a Class III rail carrier - Board of Trustees of the Galveston Wharves - Genesee & Wyoming Inc. (parent company of GVSR) - Scope of Notice: - Lease amendment extends GVSR's authority to operate rail lines at the Port of Galveston - Extension is for one year, with two automatic one-year renewal options - Annual revenues from the transaction will not exceed $5 million, maintaining Class III carrier status - No products, OEMs, or vendors are being solicited - No goods or services are requested; this is not a procurement opportunity - No technical or unique requirements specified beyond the lease terms

Description

This notice pertains to a lease and operation exemption involving Galveston Railroad, L.P. and the Board of Trustees of the Galveston Wharves. Galveston Railroad, L.P. seeks Board authority to enter into a lease amendment extending the term of a 2006 lease by one year with automatic renewal provisions. The railroad will continue to operate the track in and around the Port of Galveston, Texas, as a common carrier. The projected annual revenues from this transaction will not exceed $5 million and will not qualify it as a Class III carrier.

View original listing