Settlement for South Dakota Core Line Announced
PIERRE, S.D. – Gov. Mike Rounds and BNSF Railway Company (BNSF) on Nov. 28 announced a settlement has been reached for the sale of the state-owned Core railroad line to BNSF. “South Dakota producers and shippers will benefit by enhanced transportation access to markets,” Rounds said. “As a condition of the sale, we negotiated a settlement protecting and expanding access to the Core line for our South Dakota shippers. This is access to worldwide markets that our smaller carriers have never before had.” The state will collect approximately $40,337,295 from BNSF for the sale of the Core Line. The proceeds