Keith Creel had a few comments about CSX-PAR a while back. I can't find it but he said something along the lines of "We haven't looked into cooperation between CP and CSX in New England yet, but with two like-minded class I railroads operating in the region, great things could happen." I have to wonder if CSX would be interested in Searsport. They could easily get trackage rights from Northern Maine Junction. Perhaps having two class Is could attract more interest and investment in the underperforming port.
Looking through the application, other than the market analysis and a whole bunch of new maps, there is nothing really new in the application. The market analysis itself says that CSX expects the amount of traffic over PAR to remain relatively stable and that the main focus of the acquisition is to provide better service for those shippers using a CSX-PAR routing through single-line service and infrastructure upgrades (page 288-289). CSX says that mass conversion of truckloads to carloads can only happen once all infrastructure upgrades are done, which should take a few years (page 289-290).
As for the B&E, it is much the same story. The B&E will be able to operate PAS more efficiently and at a lower cost than currently; however, growth is expected over time and not immediately (page 290). Interestingly, the application refers to the Conn River Line as the "Knowledge Corridor." Anyone else heard this name used? As for the VTR dispute, CSX argues that there will be no loss of competition because B&E won't be operated with the rest of the G&W system (page 297). Yeah right...
Anyways here's the revised schedule:
July 1, 2021 Application due.
July 30, 2021 Board notice of acceptance of application to be published in the Federal
Register.
August 20, 2021 Notices of intent to participate in this proceeding due.
August 30, 2021 Descriptions of anticipated responsive, including inconsistent, applications
due. Petitions for waiver or clarification with respect to such applications
due.
Comments, protests, requests for conditions, and any other evidence and
argument in opposition to the Application or Related Transactions due.
This includes any comments from the U.S. Department of Justice (“DOJ”)
and U.S. Department of Transportation (“USDOT”).
September 29, 2021 Responsive, including inconsistent, applications due.
October 19, 2021 Responses to comments, protests, requests for conditions, and other
opposition due, including to DOJ and USDOT filings. Responses to
responsive, including inconsistent, applications due. Rebuttal in support of
the Application and Related Transactions due.
November 9, 2021 Rebuttal in support of responsive, including inconsistent, applications due.
TBD Public hearing (if necessary).
December 9, 2021 Final briefs due. (Close of the record.)
March 9, 2022 Service date of final decision.
April 8, 2022 Effective date of final decision.
This post is already long enough. I'm going to read through some of the verified statements and make another one on them.
Barbecuing in Chessie's backyard. Host of "Shortline's Rail News & Comment."