No Picture
Short Line/Regional

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
No Picture
Short Line/Regional

Minnesotans Overwhelmingly Support DM&E Railroad Plan to Upgrade Track in Southern Minnesota

NEW ULM, Minn. – By a 7-to-1 margin, Minnesotans favor Dakota, Minnesota & Eastern Railroad’s plan to upgrade its existing tracks in southern Minnesota, according to a new statewide survey of Minnesota voters about the railroad improvement plan. Asked why they favor it, supporters most often said that it would improve rail safety. The statewide survey found that 74 percent favor the DM&E plan, 10.4 percent oppose it and 15.7 percent did not know or refused to answer. Minnesotans voiced an equally strong conviction that the project would benefit farmers. The survey found that 71 percent believed the DM&E upgrade
No Picture
Short Line/Regional

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