TransloadX Railroad Company Acquisition and Operation Exemption from CSX Transportation

FR: Surface Transportation Board

Published April 16th, 2026

Detected April 3rd, 2026

Summary

The Surface Transportation Board granted TransloadX Railroad Company, Inc. an exemption under 49 CFR 1150.31 to lease and operate approximately 37.1 miles of railroad lines from CSX Transportation in Maine. TransloadX will become a Class III short line railroad operator upon the exemption becoming effective on April 16, 2026. The transaction involves the Augusta Branch (18.3 miles) and Bucksport Branch (18.8 miles).

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What changed

The Surface Transportation Board approved TransloadX Railroad Company's verified notice of exemption to lease and operate approximately 37.1 miles of railroad lines from CSX Transportation, Inc. in Maine. The transaction involves the Augusta Branch (Waterville to Augusta, 18.3 miles) and Bucksport Branch (Bangor to Bucksport, 18.8 miles). Upon consummation, TransloadX will assume CSXT's common carrier obligations and become a Class III short line operator. The transaction is valued at under $5 million in annual revenues and contains no interchange commitments. Docket No. FD 36909.

Parties wishing to challenge the exemption must file petitions to revoke under 49 U.S.C. 10502(d) by April 9, 2026, and petitions for stay by the same date. The exemption automatically becomes effective on April 16, 2026. Shippers and customers along the affected lines should verify service continuity arrangements with TransloadX-RR as the new operator. The transaction is categorically excluded from environmental review and historic preservation requirements.

What to do next

File petitions to revoke or stay the exemption by April 9, 2026 if challenging the transaction
Monitor service continuity for customers located along the affected lines in Maine
Contact new operator TransloadX-RR regarding any service inquiries or rail-served business development

Source document (simplified)

Notice

TransloadX Railroad Company, Inc.-Acquisition and Operation Exemption-CSX Transportation, Inc.

A Notice by the Surface Transportation Board on 04/02/2026

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Public Inspection Published Document: 2026-06331 (91 FR 16807) Document Headings ###### Surface Transportation Board

[Docket No. FD 36909] TransloadX Railroad Company, Inc. (TransloadX-RR), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to lease and operate two lines of railroad from CSX Transportation, Inc. (CSXT), totaling approximately 37.1 miles (the Lines). The Lines consist of (1) approximately 18.3 miles of CSXT's Augusta Branch, which extends from Waterville, Me. (MP WVT 0.7), to Augusta, Me. (MP WVT 19.0) in Kennebec County, Me., and (2) approximately 18.8 miles of CSXT's Bucksport Branch, which extends from Bangor, Me. (MP WVB 0.2), to Bucksport, Me. (MP WVB 19.0), in Penobscot and Hancock Counties, Me.

The verified notice states that TransloadX-RR and CSXT have executed an amended and restated letter of intent and are in the process of finalizing the written terms by which CSXT will lease the Lines to TransloadX-RR. According to the verified notice, upon this exemption becoming effective, TransloadX-RR will become the Class III short line railroad operator of the Lines and assume all of CSXT's common carrier obligations to service the customers located along the Lines and to develop new rail-served business.

TransloadX-RR certifies that the lease terms being finalized do not include interchange commitments. TransloadX-RR also certifies that its projected annual revenues are not expected to exceed $5 million and that the proposed transaction will not result in TransloadX-RR becoming a Class I or Class II rail carrier.

The earliest this transaction may be consummated is April 16, 2026, the effective date of the exemption (30 days after the verified notice was filed).

If the verified 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 ( printed page 16808) a petition to revoke will not automatically stay the effectiveness of the exemption. Petitions for stay must be filed no later than April 9, 2026 (at least seven days before the exemption becomes effective). [1 ]

All pleadings, referring to Docket No. FD 36909, must be filed with the Surface Transportation Board either via e-filing on the Board's website or in writing addressed to 395 E Street SW, Washington, DC 20423-0001. In addition, a copy of each pleading must be served on TransloadX-RR's representative, Thomas W. Wilcox, Law Office of Thomas W. Wilcox, LLC, 1629 K Street NW, Suite 300, Washington, DC 20006.

According to TransloadX-RR, this action is categorically excluded from environmental review under 49 CFR 1105.6(c) and from historic preservation reporting requirements under 49 CFR 1105.8(b).

Board decisions and notices are available at www.stb.gov.

Decided: March 27, 2026.

By the Board, Anika S. Cooper, Chief Counsel, Office of Chief Counsel.

Stefan Rice,

Clearance Clerk.

Footnotes

                     On March 27, 2026, Chalmers Hardenbergh filed a combined petition for stay and petition to revoke the exemption. The combined petition will be addressed in a subsequent decision.

Back to Citation [FR Doc. 2026-06331 Filed 4-1-26; 8:45 am]

BILLING CODE 4915-01-P

Published Document: 2026-06331 (91 FR 16807)