17 Sep 2025
🚂Omni-HGS Seeks Control Exemption for Sunrise Industrial Rail
OmniTRAX Holdings Combined, Inc., and HGS Railway Holdings, Inc.-Continuance in Control Exemption-Sunrise Industrial Rail, LLC
Summary
The Surface Transportation Board provides a notice regarding OmniTRAX Holdings and HGS Railway's exemption to continue controlling Sunrise Industrial Rail as it becomes a Class III rail carrier. The transaction includes leasing railroad lines from Brookhaven Logistics Center, facilitating Sunrise's operations in Suffolk County, N.Y. The notice outlines regulatory compliance and exemptions applicable to the transaction.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The content discusses the regulatory exemption allowing Omni-HGS to control Sunrise Industrial Rail as it transitions to a Class III rail carrier. This impacts operational control, potential market competition, and regulatory compliance for related businesses in the rail transport sector.