17 Apr 2025
🚂Grainbelt Corporation Trackage Rights Exemption with BNSF Railway
Grainbelt Corporation-Trackage Rights Exemption-BNSF Railway Company
Summary
The Surface Transportation Board has approved Grainbelt Corporation's request to extend its trackage rights with BNSF Railway along specific rail lines in Oklahoma and Texas, allowing improved access to customer facilities and increased operational flexibility until March 2026. This decision facilitates movement for railcar transport and supports local services.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The exemption for Grainbelt Corporation to extend its trackage rights has implications for compliance with regulatory requirements, potentially affecting business operations for rail carriers and related industries. The transaction also signals a continuing investment in infrastructure between Oklahoma and Texas, which may benefit agriculture and logistics sectors.