Iowa, Chicago & Eastern Railroad Corporation-Acquisition Exemption-Line of BNSF Railway Company

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The Board grants an exemption, under 49 U.S.C. 10502, from the prior approval requirements of 49 U.S.C. 10902 for the acquisition by Iowa, Chicago & Eastern Railroad Corporation (IC&E), a Class II rail carrier, of approximately 18.5 miles of rail line owned by BNSF Railway Company (BNSF), a Class I rail carrier, extending from a connection with another BNSF line at milepost 1.74 near East Moline, IL, to the end of the line at milepost 20.31 at Ceffco, IL, near Albany, IL, subject to the labor protection required by 49 U.S.C. 10902(d), including a 60-day notice requirement.