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This document contains a notice regarding the exemption for the abandonment of a railroad line filed by the Burlington Northern and Santa Fe Railway Company, including details on the regulatory compliance
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How to fill out Burlington Northern and Santa Fe Railway Company—Abandonment Exemption
01
Obtain the Burlington Northern and Santa Fe Railway Company—Abandonment Exemption form from the appropriate regulatory authority.
02
Fill in the applicant's name, address, and contact information at the top of the form.
03
Specify the location and details of the railway line intended for abandonment, including mileposts and state.
04
Provide justification for the abandonment, including reasons and any supporting documentation.
05
Include information on how the abandonment will affect local communities and any potential alternatives.
06
Sign and date the form to certify that all information provided is true and accurate.
07
Submit the completed form to the regulatory authority as directed, along with any required fees.
Who needs Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
01
Railway companies seeking to discontinue service on specific rail lines.
02
Local governments needing to manage land or infrastructure affected by abandoned rail lines.
03
Developers interested in repurposing land previously used for railway operations.
04
Stakeholders in the community affected by the abandonment who need to understand potential impacts.
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People Also Ask about
Does Warren Buffett own BNSF Railway?
Warren Buffett's Berkshire Hathaway acquired BNSF Railway in February 2010, obtaining all of its shares and taking the company private.
What is the legal name of the BNSF railway company?
BNSF Railway is a wholly-owned subsidiary of Burlington Northern Santa Fe, LLC (BNSF), and is the principal operating subsidiary of BNSF.
What happened to Burlington Northern Railroad?
In 1995, BN merged with the Santa Fe to create America's largest rail network and form the company we are today, BNSF Railway.
Who owns Burlington Northern Santa Fe Railroad?
The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway Inc., of Omaha, Nebraska.
How much did Berkshire Hathaway pay for the Burlington Northern Railroad?
In early 2010, Berkshire Hathaway finalised the acquisition of BNSF, the largest US-based railroad for the consideration of $26 billion for the stock it did not already own. This equated to a total deal value of $34 billion.
Who is the billionaire that owns the railroad?
For decades, Warren Buffett has reigned as one of the most-recognizable brands in American business. He leads BNSF's parent company, Berkshire Hathaway Inc., and his decisions play a large role in the direction of the rail industry. Buffett and Berkshire's reach extends into industries all over the globe.
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What is Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
The Burlington Northern and Santa Fe Railway Company—Abandonment Exemption allows the railway company to abandon certain railway lines without undergoing the standard regulatory process, provided they meet specific criteria set by the Surface Transportation Board.
Who is required to file Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
Railroad companies, such as Burlington Northern and Santa Fe Railway, are required to file for an abandonment exemption when they seek to discontinue rail service on certain lines that qualify under the exemption criteria.
How to fill out Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
To fill out the Abandonment Exemption, the railway company must submit Form STB-Ex Parte No. 707, detailing the line to be abandoned, the reasons for abandonment, and any supporting documentation to the Surface Transportation Board.
What is the purpose of Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
The purpose of the Abandonment Exemption is to expedite the abandonment process for railway lines that are deemed no longer viable for service, reducing bureaucratic delays while ensuring that necessary conditions for abandonment are met.
What information must be reported on Burlington Northern and Santa Fe Railway Company—Abandonment Exemption?
The information that must be reported includes the specific railway line or segment to be abandoned, reasons for abandonment, the impact on the affected communities, and any existing service obligations that will be affected.
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