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This document serves as a notice of exemption filed by Union Pacific Railroad Company regarding the abandonment of a 1.44-mile railroad line and the discontinuation of trackage rights in Los Angeles

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How to fill out Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice

1. Obtain the Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice form.
2. Review the instructions provided with the form to understand the specific requirements.
3. Fill in the basic information such as the name of the applicant, contact details, and the railroad line subject to abandonment or discontinuance.
4. Provide detailed information regarding the reasons for seeking the exemption, including any relevant circumstances or conditions.
5. Attach any necessary documentation that supports the request, such as maps of the affected area or environmental assessments.
6. Include a statement of public convenience and necessity if required.
7. Review the filled form for any errors or omissions before submission.
8. Submit the completed form to the appropriate regulatory authority as indicated in the instructions.

Who needs Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

1. Individuals or organizations intending to abandon or discontinue using a section of railroad track.
2. Railroad companies that need to formalize the cessation of operations for specific rail lines.
3. Government entities assessing the impact of rail line abandonment on the community.
4. Stakeholders or local residents interested in the implications of the proposed abandonment.

People Also Ask about

Who are the three largest railroad companies in the US now?

What is the biggest Class I Railroad? BNSF Railway – $23.9 Billion Revenue, 32,500 route miles, 35,000 employees. Union Pacific Railroad – $24.1 Billion Revenue, 32,100 route miles, 32,100 employees. CSX Transportation – $14.7 Billion Revenue, 20,000 route miles, 25,000 employees.

Is Union Pacific Railroad still in business?

In 1862, President Abraham Lincoln signed the Pacific Railroad Act, which chartered the Central Pacific and the Union Pacific Railroad Companies. Their task was to build a transcontinental railroad that would link the United States from East to West.

What happened to the Union Pacific Railroad?

It is incorporated in Utah and is headquartered in Omaha, Nebraska. Its only operating subsidiary is Union Pacific Railroad. Along with BNSF Railway, owned by Berkshire Hathaway, the companies have a near-duopoly on freight railroad transportation west of the Mississippi River. Financials as of December 31, 2024.

Does the Union Pacific Railroad still exist?

Starting with the construction of the first transcontinental railroad, surviving the country's multiple economic crises, supporting America's military men and women through conflicts and forging forward to overcome hurricanes, floods and droughts, Union Pacific remains a trusted mainstay on America's landscape.

Does Warren Buffett own Union Pacific Railroad?

Berkshire Hathaway's Union Pacific Stake Warren Buffett's position in Union Pacific is currently worth $2.04 Billion. That's 0.83% of their equity portfolio (16th largest holding). The investor owns 1.59% of the outstanding Union Pacific stock. The first Union Pacific trade was made in Q3 2006.

Is Union Pacific Railroad laying off employees?

Union Pacific Railroad, one of the largest railroad networks in the United States, is preparing to lay off approximately 1,350 Maintenance of Way employees, said Cardwell.

What was the purpose of the Union Pacific Railroad?

In 1893, the Union Pacific and every other railroad in the country paid the price for overexpanding, overproducing, and overspeculating. They fell heavily into debt. The Panic of 1893 was also the result of inflation, floating debts, overcapitalization, drought, and severe competition.

For pdfFiller’s FAQs

What is Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

The Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice is a formal notice filed by the Union Pacific Railroad to seek exemption from the regular approval process required for the abandonment or discontinuance of rail services on specific tracks.

Who is required to file Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

The Union Pacific Railroad Company, as the owner of the railroad lines in question, is required to file the Abandonment and Discontinuance Exemption Notice when they intend to cease operations on certain railroads.

How to fill out Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

To fill out the notice, the filing party must provide accurate information regarding the specific railroad lines being abandoned or discontinued, include a statement of the reason for the abandonment, and indicate any public need for continued service, among other relevant details.

What is the purpose of Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

The purpose of the notice is to streamline the process for the Union Pacific Railroad Company to abandon or discontinue rail service, allowing them to bypass the lengthy regulatory review while ensuring proper notification to stakeholders and regulatory bodies.

What information must be reported on Union Pacific Railroad Company Abandonment and Discontinuance Exemption Notice?

The notice should include details such as the railroad line's location, a description of the service currently being provided, the reason for abandonment or discontinuance, and any impact on local communities or stakeholders affected by the action.