
FRA Issues RRIF Loans to DM&E and R.J. Corman Railroad Group
WASHINGTON — The Federal Railroad Administration approved a Railroad Rehabilitation and Improvement Financing (RRIF) loan to a pair of short line railroads. The FRA gave one grant to the Dakota, Minnesota & Eastern Railroad (DM&E) of $48.3 million to improve safety and service between Wall, South Dakota and Colony, Wyo. Rail line improvements will be made to accommodate heavier freight cars that haul grains, ethanol, and minerals. Specifically, 134 miles of track will be upgraded, including the replacement of 60 miles of rail between Wall and Owanka, and from Whitewood to the SD-WY state line. Major bridge repairs will occur