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Iowa Northern Railway Receives $25.5 million RRIF Loan
WASHINGTON — The Iowa Northern Railway (IANR), a short line freight carrier located in northeastern Iowa, is receiving a $25.5 million loan from the Federal Railroad Administration (FRA). The funds will be used to: upgrade mainline track from Linn to Waterloo and from Cedar Falls to Manly; construct new sidings at Palo, Shell Rock, and Nora Springs; and rehabilitate rail yards in Waterloo and Manly. These improvements will allow the railroad to accommodate heavier railcars and move freight more quickly, safely, and efficiently, according to the FRA. Agricultural products account for most of the cargo carried by the IANR, but