The Oregon International Port of Coos Bay has agreed to buy the Coos Bay Rail Line from Central Oregon & Pacific Railroad (CORP) for $16.6 million. Last month the Surface Transportation Board set the price for the 111-mile line linking Eugene and Coquille, Ore. A port attorney notified STB that it would acquire the line from CORP's corporate parent, Jacksonville, Fla.-based RailAmerica, Inc. The port will also have to spend $3 million to $4 million, at a minimum, to repair the tunnels that prompted the shutdown.
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.
That line if run properly can bring in quit a bit of traffic. Rumor mill around here was saying they were going to build a container facility in Coos Bay and the UP was going to take the line back.
Container facility in Coos Bay? Isn't pot sort of legal in Oregon?
Coos Bay is the only port on the west coast that could handle a new intermodal port outside Mexico. The fact it already has rail access is a plus. It would be a real plus to Oregons post spotted owl economy.
Only 111 miles? Lotta money for a practically dead line... Coos Bay ta Coquille. Maybe they know somethin' nobody else does.
Isn't this the line that all the wood bracing inside the tunnel burnt up? it was on fire for a week or so....Gonna cost a lotta deniro to open that tunnel, and it can barely pass plate c boxes....
MRL's owner Washington marine, was looking at buying it, to tie it into some new oppertunities up here
I was hoping you guys or the Genesse and Wyoming that owns the P&W.
Apparently Denis Washington has other plans, I received a lovely christmas letter from our Prez, sans christmas bonus of any kind........ explainning the building of a barge slip and can yard on our system that will be 9000 more car loads per year ( 4-5000 in reality ) with the help of federal money of course. The small problem is that it is gonna be on an island that depends on a swing bridge older than Krink, Troll and Cy put together that breaks down on a regular basis and will never be replaced due to municipal and grass roots ( condo owners who were told the railway was leaving by Remax ) opposition
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Gentlemen, we all must realize that neither side has any monopoly on sons of bitches. C.D. Howe (in Washington to resolve a shipping dispute)
MRL's owner Washington marine, was looking at buying it, to tie it into some new oppertunities up here
I was hoping you guys or the Genesse and Wyoming that owns the P&W.
Apparently Denis Washington has other plans, I received a lovely christmas letter from our Prez, sans christmas bonus of any kind........ explainning the building of a barge slip and can yard on our system that will be 9000 more car loads per year ( 4-5000 in reality ) with the help of federal money of course. The small problem is that it is gonna be on an island that depends on a swing bridge older than Krink, Troll and Cy put together that breaks down on a regular basis and will never be replaced due to municipal and grass roots ( condo owners who were told the railway was leaving by Remax ) opposition