WASHINGTON — Big Four Terminal Railroad (BFTR) has filed a verified notice of exemption to operate roughly 5.2 miles of rail line between Connorsville, Ind., and Beesons, Ind., according to a notice in the Federal Register.
According to an STB notice in the Federal Register, BFTR has entered into an agreement last month with RMW Ventures (RMW), the current owner of the line, to provide rail service upon. The agreement is pending STB authorization and that it will replace C Railroad Corp. as the operator of the line.
“BFTR states that its operating agreement with RMW does not contain any interchange commitments and that its interchange agreements with its connecting carriers will not contain any interchange commitments either,” according to the notice. “BFTR certifies that the projected annual revenues as a result of the proposed transaction will not exceed those that would qualify it as a Class III carrier and will not exceed $5 million.”