28 Mar 2025
🚂Omni-HGS Granted Control Over Santa Maria Valley Railroad
OmniTRAX Holdings Combined, Inc., and HGS Railway Holdings, Inc.-Continuance in Control Exemption-Santa Maria Valley Railroad, LLC
Summary
OmniTRAX Holdings and HGS Railway Holdings have received an exemption to continue controlling Santa Maria Valley Railroad, LLC, as it transitions to a common carrier. This transaction facilitates operational changes and potentially enhances their market positioning in Santa Barbara County’s rail services, while being exempt from certain regulatory approvals regarding connectivity and labor protections.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The content outlines a regulatory exemption allowing OmniTRAX and HGS to control the Santa Maria Valley Railroad, which enables them to operate as a common carrier. This change can influence operational scope, compliance with regulations, and future investments, indicating potential growth in the transportation industry.