🚍Jefferson Partners' Acquisition of Karst Stage Tentatively Approved
Jefferson Partners, L.P. dba Jefferson Lines-Acquisition of Control-Karst Stage, Inc.
Summary
On January 22, 2025, Jefferson Partners, L.P., dba Jefferson Lines (Jefferson), an interstate passenger motor carrier, submitted an application for authority to acquire and operate the assets of another interstate passenger motor carrier, Karst Stage, Inc. (Karst). The Board is tentatively approving and authorizing this transaction. If no opposing comments are timely filed, this notice will be the final Board action.
Agencies
- Surface Transportation Board
Business Impact
$$$ - High
The regulatory notice tentatively approves Jefferson Partners’ acquisition of Karst Stage, indicating potential changes in operational structure that could impact service levels, administrative efficiencies, and financial operations. Jefferson expects to streamline costs and enhance growth opportunities, which could influence market dynamics.