Federal Transportation Board Directs Applicant for Private Railway and Toll Road to Disclose List of Stockholders

The US Surface Transportation Board issued a decision on June 2 on certain requests made by Great Lakes Basin Transportation, Inc. (GLBT), regarding its application for an interstate freight rail line and toll road around Chicago. Among several other rulings, the board rejected the “highly confidential” designation GLBT gave its list of principal stockholders, directed GLBT to supplement its application, and suspended the deadline for comments on the application.