🚂Regulatory Exemption for North Florida Industrial Railroad Overview
Macquarie Infrastructure Partners V GP, LLC, et al.-Continuance in Control-North Florida Industrial Railroad, LLC; North Florida Industrial Railroad, LLC-Lease and Operation Exemption-Rail Line in Columbia County, Fla.
Summary
The Surface Transportation Board grants an exemption for Macquarie Infrastructure Partners V GP, LLC to maintain control over North Florida Industrial Railroad, promoting rail service to new customers. This enables an efficient operation and connection to the North Florida Mega Industrial Park, enhancing regional transportation options. The decision aims to reduce regulatory barriers while ensuring a sound rail transportation system.
Agencies
- Surface Transportation Board
Business Impact
$$$ - High
The document outlines an exemption allowing Macquarie Infrastructure Partners V GP, LLC to continue its control over North Florida Industrial Railroad, facilitating new rail services and supporting economic development in the region. It confirms no loss of service options for shippers, impacting transportation businesses positively.