19 Feb 2025
🚂Regulatory Notice on Kansas City West Bottoms Railroad Exemption
OPSEU Pension Plan Trust Fund, Jaguar Transport Holdings, LLC, and Jaguar Rail Holdings, LLC-Continuance in Control Exemption-Kansas City West Bottoms Railroad, LLC
Summary
The Surface Transportation Board announces an exemption allowing OPSEU Pension Plan Trust Fund and associated entities to control Kansas City West Bottoms Railroad as it transitions to a Class III rail carrier. The notice clarifies operational conditions, exemption from specific regulatory requirements, and stipulates the timeline for transaction consummation.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The notice details a transaction involving the control of a Class III rail carrier, which has compliance and regulatory implications for businesses involved in transportation and logistics. Specifically, businesses should be aware of the exemption from prior approval requirements, labor protections, and operational changes affecting rail connectivity.