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Rail News: M&A
Roaring Fork Transportation Authority (RFTA) recently filed an exemption notice with the Surface Transportation Board to reactivate a 33.4-mile line between Glenwood Springs and Woody Creek, Colo., that was targeted as a trail.
A governmental body that operates transportation facilities in Colorado, RFTA acquired the line from Roaring Fork Railroad Holding Authority (RFRHA) three years ago.
In 1998, the STB authorized RFRHA to abandon the line and create a trail on the right of way. In 2001, RFRHA transferred all its trackage and line ownership rights to RFTA, which became interim trail manager. But RFTA officials now plan to reactivate the line and provide freight service.
8/24/2004
Rail News: M&A
Colorado transportation authority to restore freight service on 33-mile line
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Roaring Fork Transportation Authority (RFTA) recently filed an exemption notice with the Surface Transportation Board to reactivate a 33.4-mile line between Glenwood Springs and Woody Creek, Colo., that was targeted as a trail.
A governmental body that operates transportation facilities in Colorado, RFTA acquired the line from Roaring Fork Railroad Holding Authority (RFRHA) three years ago.
In 1998, the STB authorized RFRHA to abandon the line and create a trail on the right of way. In 2001, RFRHA transferred all its trackage and line ownership rights to RFTA, which became interim trail manager. But RFTA officials now plan to reactivate the line and provide freight service.
