en.Wedoany.com Reported - Non-carrier Long Ridge Railroad, LLC (LRRR) has filed a verified notice of exemption with the U.S. Surface Transportation Board, proposing to acquire a 12.2-mile rail line located between Powhatan Point and Hannibal, Ohio, from the Eastern Ohio Valley Railroad (EOVR).

According to a decision issued by the Surface Transportation Board on May 29, the parties have reached an agreement for LRRR, a subsidiary of MARA USA Corp., to acquire the line, while EOVR (a Transtar short-line railroad) will continue to operate it. The transaction could be completed as early as June 12.

The EOVR line spans a total of 29 miles and intersects with the Norfolk Southern Railway near Wheeling, Ohio, at the northernmost end of the line.

EOVR provides switching services at the southernmost end of the line for the Long Ridge Energy Terminal and the Hannibal Industrial Park. Under the terms of the agreement, LRRR will acquire the southern segment of the line that serves the industrial park.

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