TransloadX to Lease 37.1 Miles of Railroad from CSX Transportation

Regs.gov: Surface Transportation Board

Published April 1st, 2026

Detected April 3rd, 2026

Summary

The Surface Transportation Board received a verified notice of exemption from TransloadX Railroad Company to lease and operate approximately 37.1 miles of railroad from CSX Transportation in Maine. The transaction involves the Augusta Branch (18.3 miles) and Bucksport Branch (18.8 miles). The exemption becomes effective April 16, 2026.

View original document View source feed page

What changed

TransloadX Railroad Company filed a verified notice of exemption under 49 CFR 1150.31 to lease and operate two rail lines totaling 37.1 miles from CSX Transportation in Maine. The Augusta Branch extends 18.3 miles from Waterville to Augusta in Kennebec County, and the Bucksport Branch extends 18.8 miles from Bangor to Bucksport in Penobscot and Hancock Counties. TransloadX certifies projected annual revenues will not exceed $5 million and the transaction will not elevate it to Class I or Class II carrier status. The lease contains no interchange commitments.

Petitions to revoke the exemption may be filed at any time under 49 U.S.C. 10502(d), but must be filed no later than April 9, 2026 to stay the effectiveness. The exemption becomes effective April 16, 2026. All pleadings must reference Docket No. FD 36909 and be filed with the STB. The transaction is categorically excluded from environmental review and historic preservation reporting requirements.

Source document (simplified)

Content

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

  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. [FR Doc. 2026-06331 Filed 4-1-26; 8:45 am] BILLING CODE 4915-01-P

Footnotes

(1) 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.