Federal Register #FD 36955

Exemption for Acquisition and Operation of Trona Railway Company LLC Assets by 5E SVM Railway Company, LLC

This opportunity involves the Surface Transportation Board (STB), part of the Department of Transportation, announcing an exemption for the acquisition and operation of Trona Railway Company LLC assets by 5E SVM Railway Company, LLC. - Government Buyer: - Surface Transportation Board (STB), Department of Transportation - Transaction Details: - 5E SVM Railway Company, LLC (noncarrier) seeks exemption to acquire and operate a 30.6-mile rail line from Searles Junction to Trona, California - Parent company 5E SVM, LLC entered into an Asset Purchase Agreement with Trona Railway Company LLC and Searles Valley Minerals Inc. - Notable Requirements: - Acquisition will not restrict future interchange with third-party connecting carriers - Projected annual revenues from the transaction are not expected to exceed $5 million - The transaction will not result in the creation of a Class II or Class I rail carrier - No OEMs, vendors, products, or services are being requested for procurement in this notice

Description

The Surface Transportation Board (STB) has issued a notice regarding the acquisition and operation exemption for the assets of Trona Railway Company LLC by 5E SVM Railway Company, LLC. 5E SVM Railway Company, LLC, a noncarrier, filed a verified notice of exemption to acquire and operate a rail line owned by Trona Railway Company LLC, extending approximately 30.6 miles from Searles Junction to Trona, California. The parent company, 5E SVM, LLC, entered into an Asset Purchase Agreement with Trona Railway Company LLC and its parent company to acquire the assets. The notice certifies that the acquisition will not limit future interchange with third-party carriers and that projected annual revenues will not exceed $5 million, thus not creating a Class II or Class I rail carrier.

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