2026-09724NoticeWallet

Jaguar Firms Keep Control of Tiny Georgia Rail Line

Published Date: 5/15/2026

Notice

Summary

OPSEU Pension Plan Trust Fund and Jaguar companies will keep control of Northeast Atlanta Railroad as it starts running trains on a short rail line near Doraville, Georgia. This move lets Northeast Atlanta Railroad lease and operate about 1.15 miles of track from Norfolk Southern Railway without needing extra approvals. No big money changes or new connections to other Jaguar railroads are planned, so things should roll smoothly and quickly.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

No Labor Protections Will Be Imposed

If you work for NEAR or other Class III rail carriers involved in this transaction, the Board will not impose labor protective conditions because the transaction involves only Class III carriers and 49 U.S.C. 11326(c) does not provide for labor protection in such cases.

Short Line Lease and Operation Begins

If you operate a business in the Doraville Industrial Complex, Northeast Atlanta Railroad (NEAR) will lease and operate about 1.15 miles of track from Norfolk Southern into the Doraville Industrial Complex. The continuance-in-control exemption lets Jaguar continue control of NEAR and allows the lease and operation to proceed as soon as May 30, 2026, without prior Board approval.

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Key Dates

Published Date
Effective Date
5/15/2026
5/30/2026

Department and Agencies

Department
Independent Agency
Agency
Surface Transportation Board
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