Federal Register #FD 36938

Notice of Lease and Change of Operator Exemption for Delaware and South Branch Railroad, LLC

This notice concerns a lease and change of operator exemption in the rail transportation sector: - Government buyer: Surface Transportation Board (STB) - Involved parties: - Delaware and South Branch Railroad, LLC (DSBR) – noncarrier seeking to lease and operate rail lines - Black River & Western Corp. (dba Black River & Western Railroad) – current lessor - Belvidere & Delaware River Railway Company, Inc. – current lessee and operator - Scope of transaction: - DSBR will lease and operate approximately 31.91 miles of rail line - DSBR will replace Belvidere & Delaware River Railway Company, Inc. as lessee and operator on a segment of the line - The current operator will cease common carrier operations upon DSBR's assumption of leasehold operations - Financial and operational details: - DSBR certifies projected annual revenues from this transaction will not exceed $5 million - No provisions limit future interchange with third-party connecting carriers - No procurement of products or services is involved - No OEMs or commercial vendors are mentioned beyond the railroad companies

Description

This notice concerns a lease and change of operator exemption filed by Delaware and South Branch Railroad, LLC (DSBR). DSBR seeks to lease and operate approximately 31.91 miles of rail line from Black River & Western Corp. and Belvidere & Delaware River Railway Company, Inc., replacing the current operator on a segment of the line. The transaction involves the transfer of leasehold operations and the cessation of common carrier operations by the current operator on the affected segment. DSBR certifies that its projected revenues will not exceed $5 million and that the transaction does not limit interchange with third-party carriers. The exemption is effective on or after June 28, 2026.

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