Under federal law, rail mergers involving Class I railroads must be formally submitted to the STB for review. The agency’s regulations require a prefiling notification be submitted between three and six months prior to a merger application. When an application is filed, the Board evaluates the evidence and argument and considers whether the transaction serves the public interest, consistent with applicable law, including a thorough review of competitive effects, potential service impacts, environmental impacts, and other critical considerations. The Board’s review process includes opportunities for public participation and comment.

 

This sample timeline is illustrative only.  It is not a vote of the Board and is subject to change.