26 Mar 2025
🚂Change of Operators Exemption for American Services Rail, LLC
American Services Rail, LLC-Change of Operators Exemption-Chicago, Rock Island & Pacific Railroad, LLC
Summary
American Services Rail, LLC has filed for an exemption to lease and operate a rail line in Mississippi, replacing Chicago, Rock Island & Pacific Railroad. The transaction involves the operation of additional County-owned track and requires notice to shippers. The move is expected to streamline rail operations and is categorized as exempt from certain regulatory reviews.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The text outlines a regulatory change involving American Services Rail, LLC, who will replace CRIP as the operator of a rail line. This affects common carrier obligations, revenue projections, and potential business opportunities in rail transport. The exemption process and notice requirements to shippers could impact operational aspects for rail businesses.