|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|R.J. CORMAN RAILROAD COMPANY/TENNESSEE TERMINAL, LLC-LEASE AND OPERATION EXEMPTION-BNSF RAILWAY COMPANY|
|Notice Of Exemption|
|Director Of Proceedings|
|PROVIDED NOTICE THAT R.J. CORMAM RAILROAD COMPANY/TENNESSEE TERMINAL, LLC FILED AN EXEMPTION TO LEASE 46.7--MILES OF RAIL LINE FROM BNSF RAILWAY COMPANY.|
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|Full Text of Decision|
36635 SERVICE DATE – FEBRUARY 3, 2006
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34772]
R.J. Corman Railroad Company/
Exemption—BNSF Railway Company
R.J. Corman Railroad Company/Tennessee Terminal, LLC (RJCK), a noncarrier, has filed a verified notice of exemption under
49 CFR 1150.31 to lease, from BNSF Railway Company (BNSF), and operate approximately
46.7 miles of rail line known as the Tennessee-Mississippi Terminal Tracks as
follows: (1) tracks referred to as the
Olive Branch Metro Industrial Park tracks all in DeSoto
County, MS; (2) tracks referred to as the Airport Industrial Park tracks,
located in Shelby County, TN; and (3) tracks referred to as the Tennessee Yard
tracks, all in Shelby County, TN:
(a) track No. 0323 from a point west of track No. 0324 to the point
it connects with track No. 2058 on the west end of the yard;
(b) track Nos. 2062, 2063, 2064, 2065, 0311 and 0312; (c) track No. 1400,
the Solae Lead, and all connected BNSF owned industrial tracks north of the
yard; (d) track No. 1300, the Perkins Lead, and all connected BNSF owned
industrial tracks north of the yard; (e) track Nos. 1365, 1370, 1372 and
1375, the Coors Leads; (f) track Nos. 1318 and 1356, Transload
of Tennessee lead track; (g) track No. 1500 from a point east of the
Shelby overpass and all Hickory Hill Industrial Park leads owned by BNSF; and
(h) track Nos. 0892, 1202, 1204, 1207 and all connected BNSF owned
industrial tracks north of main track No. 2.
In addition, BNSF is granting incidental trackage
rights at its Tennessee Yard to RJCK for the purpose of moving RJCK’s trains and equipment on BNSF’s tracks as
follows: (a) track No. 0323 from a point
west of track No. 0324 to the point it connects with track No. 1500 on the east
end of the yard; (b) track No. 1500 from a point east of the
This transaction is related to STB Finance Docket No. 34775, Richard J. Corman and R.J. Corman Railroad Group, LLC—Continuance in Control Exemption—R.J. Corman Railroad Company/Tennessee Terminal, LLC, wherein Richard J. Corman and R.J. Corman Railroad Group, LLC, have concurrently filed a verified notice of exemption to continue in control of RJCK, upon its becoming a Class III rail carrier.
RJCK certifies that its projected annual revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier, and further certifies that its projected annual revenues will not exceed $5 million. The transaction was scheduled to be consummated on January 15, 2006.
If the notice contains false or misleading information, the exemption is void ab initio. Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed at any time. The filing of a petition to revoke will not automatically stay the transaction.
original and 10 copies of all pleadings, referring to STB Finance Docket
No. 34772, must be filed with the Surface Transportation Board,
Board decisions and notices are available on our website at WWW.STB.DOT.GOV.
Decided: January 30, 2006.
By the Board, David M. Konschnik, Director, Office of Proceedings.
 BNSF is reserving the right to use this track for the sole purpose of moving its trains and equipment.