10 Sep 2025
🚂Arkansas-Oklahoma Railroad & BNSF Lease Exemption Notice
Arkansas-Oklahoma Railroad, Inc.-Lease and Operation Exemption Including Interchange Commitment-BNSF Railway Company, Inc.
Summary
The Surface Transportation Board has received a notice from Arkansas-Oklahoma Railroad, Inc. seeking an exemption to extend its lease with BNSF Railway Company. The notice includes details on revenue certifications and compliance with labor notification requirements, and a request for waiver on advance notice obligations.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The text outlines regulatory requirements for the lease and operation of rail lines, impacting AOK's financial operations. The notice highlights compliance obligations involving employee notification and labor union engagement, along with potential revenue implications for AOK exceeding $5 million. The waiver request for labor notice signifies operational adjustments that business owners must monitor.