4 Jun 2025
🚂Grainbelt Corporation's Trackage Rights Exemption Request Approved
Grainbelt Corporation-Trackage Rights Exemption-BNSF Railway Company
Summary
The Surface Transportation Board has granted Grainbelt Corporation's request to allow its trackage rights agreement with BNSF Railway Company to expire on March 30, 2026. This decision minimizes regulatory barriers, promotes efficiency in rail transportation, and aligns with the parties' agreement, while ensuring employee protections are in place during the transition.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The notice involves regulatory requirements and the expiration of trackage rights which could affect operational logistics for Grainbelt Corporation and potentially impact the related shipping industry. This decision to allow trackage rights to expire minimizes federal oversight and reduces barriers for GNBC, thus facilitating business operations.