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So you want to start a small railroad : Surface Transportation Board small railroad application procedures
  • Published Date:
    1997-03-01
  • Language:
    English
Filetype[PDF-119.75 KB]


Details:
  • Resource Type:
  • Geographical Coverage:
  • NTL Classification:
    NTL-RAIL TRANSPORTATION-Rail Economics and Finance ; NTL-RAIL TRANSPORTATION-Rail Laws and Regulations ; NTL-RAIL TRANSPORTATION-Rail Planning and Policy
  • Format:
  • Abstract:
    This information bulletin provides general information on Surface Transportation Board (STB) procedures for obtaining approval to operate a railroad. It focuses primarily on those procedures that are most useful in helping potential and established short line railroads begin or expand operations. For each of the methods listed below, we have detailed what information must be provided, the form it must take, and various procedural deadlines. Section One discusses when and how to file Notices and Petitions for Exemption from filing a formal application for authority. The Offers of Financial Assistance section (Section Two) and the Feeder Railroad Development Program (Section Three) discuss the purchase or subsidization of lines. Other methods of beginning or expanding a rail operation exist. However, this information bulletin is not intended to offer comprehensive coverage of all types of rail transactions such as acquisitions of control, consolidations, or mergers of two or more railroads (commonly known as finance transactions). A majority of finance transactions involving short line railroads will fall within one of the exemption categories covered in Section One.

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