Oklahoma Railroad Renews Lease While Skipping 60-Day Employee Notice
Published Date: 4/3/2026
Notice
Summary
Stillwater Central Railroad is renewing its lease to run trains on a 14-mile track between Duke and Altus, Oklahoma, with updated terms from Hollis & Eastern Railroad. They expect to make over $5 million a year but are asking to skip a usual 60-day employee notice. The final approval and start date will be decided soon, with a deadline for challenges on April 10, 2026.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Waiver Requested for 60‑Day Labor Notice
Stillwater Central projects annual revenues that will exceed $5,000,000, which normally requires a 60-day advance notice to employees and national unions under 49 CFR 1150.42(e). Stillwater Central has petitioned the Board to waive that 60-day labor notice requirement; the Board will decide the waiver and set the exemption’s effective date later.
Continued Freight Service Duke–Altus
If you are a business that ships or receives goods near Duke or Altus, Oklahoma, Stillwater Central Railroad will continue to lease and operate 14 miles of track from milepost 0.0 at Duke to milepost 14.0 at Altus, Oklahoma, keeping rail freight service in place.
No Limits on Interchange with Other Carriers
Stillwater Central certifies that its updated lease agreement with Hollis & Eastern contains no commitments or provisions prohibiting or limiting SLWC from interchanging traffic with a third-party carrier, meaning shippers on the line can still route freight to other rail carriers.
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