14 Mar 2025
🚂Mingus Mountain Railroad's Acquisition and Operational Exemption Overview
Mingus Mountain Railroad, LLC-Acquisition and Operation Exemption-Line of Clarkdale Arizona Central Railroad, L.C.
Summary
Mingus Mountain Railroad, LLC seeks an exemption to acquire and operate a 38.74-mile rail line from Clarkdale Arizona Central Railroad. Following a letter of intent, MMRL expects to conduct common carrier service and gain trackage rights over connecting lines, while ensuring no restrictions on future dealings with third-party carriers.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The text discusses Mingus Mountain Railroad's exemption for acquiring and operating a rail line, impacting transportation logistics and potential revenue generation for new rail operations in Arizona. The certification of projected revenues below $5 million suggests a focus on small-scale operations, which can affect competition and partnerships in the rail industry.