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STB: CORP Must Sell Line
WASHINGTON – The Surface Transportation Board has ordered the Central Oregon & Pacific Railroad Inc. (CORP) to sell a 111-mile railroad line running from Danebo, Ore., to Cordes, Ore., to The Oregon International Port of Coos Bay. In a separate decision, the Board granted CORP authority to abandon a 94-mile segment of the Line in the event that a sale of the Line is not completed. In reaching its decision, the STB found that the Line meets the five “public convenience and necessity” criteria for a forced sale under the “feeder line” provision of the agency’s statute enabling shippers and