Texas Railroad Changes Hands in Routine Filing
Published Date: 6/4/2026
Notice
Summary
Northeast Texas Railway Company (NETX) is set to take over and run about 65.6 miles of railroad track in Texas, replacing the current operator, Northeast Texas Connector, LLC (NETC). This change will start no earlier than June 18, 2026, and won’t cost shippers more than $5 million in annual revenue. NETX promises a smooth switch with no surprises for the businesses that rely on this rail line.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 0 costs, 1 mixed.
Operator Change on 65.59-Mile Texas Line
If you ship goods on the rail line between Greenville and Winfield, Texas, the current operator (Northeast Texas Connector, LLC) will be replaced by Northeast Texas Railway Company (NETX). NETX expects to begin common carrier operations after June 18, 2026, and NETX says it has served a list of all known shippers so they were notified of the change.
NETX Will Be a Small (Class III) Carrier
NETX certifies its projected annual revenues from operating the Line will not exceed $5,000,000 and that it will not become a Class I or Class II rail carrier. That means NETX intends to operate the Line as a Class III carrier.
Shippers' Right to File Petitions and Stay
If you are a shipper on this Line, you were served notice and may file a petition to revoke the exemption at any time. Petitions for a stay of the exemption must be filed no later than June 11, 2026 (at least seven days before the June 18, 2026 earliest consummation date).
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-11139 — TNW Corporation-Continuance in Control Exemption-Northeast Texas Railway Company
TNW Corporation is keeping control of Northeast Texas Railway Company as it becomes a new Class III rail carrier, taking over a 65.59-mile rail line in Texas. This change starts June 18, 2026, and won’t cost extra or affect big railroads or workers’ job protections. It’s a smooth switch that keeps local trains running without a hitch!
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