25 Apr 2025
🚆PNWR Railroad Lease Exemption
Portland & Western Railroad, Inc.-Lease and Operation Exemption Including Interchange Commitment-Union Pacific Railroad Company
Summary
The Surface Transportation Board has approved Portland & Western Railroad's exemption to lease and operate several rail lines in Oregon from Union Pacific Railroad. This includes details on interchange commitments and lease amendments, highlighting regulatory compliance and operational projections essential for stakeholders in the transportation sector.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The text discusses a lease and operation exemption for PNWR from UP, impacting compliance and regulatory requirements for rail operations in Oregon. Business owners in the transportation sector must consider the effects of interchange commitments and revenue projections exceeding $5 million.