2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
10/2/2002
Rail News: Rail Industry Trends
BNSF buys Iowa line from grain-shipper consortium
advertisement
Burlington Northern Santa Fe recently purchased about 100 track miles between Council Bluffs and Bayard, Iowa, from Shipper Consortium Inc. Terms weren't disclosed.
Since 1982, BNSF has leased and operated the former Milwaukee Road line, which connects with railroad's mainline at Council Bluffs, and serves a grain shuttle in Templeton and ethanol plant in Coon Rapids.
And now the Class I is trying to secure public funds from the state of Iowa to help pay for line maintenance.
The railroad purchased the line to support shippers' recent investments in grain-handling infrastructure and grain-processing facilities, said Steve Bobb, BNSF group vice president of agricultural products, in a prepared statement.
Since 1982, BNSF has leased and operated the former Milwaukee Road line, which connects with railroad's mainline at Council Bluffs, and serves a grain shuttle in Templeton and ethanol plant in Coon Rapids.
And now the Class I is trying to secure public funds from the state of Iowa to help pay for line maintenance.
The railroad purchased the line to support shippers' recent investments in grain-handling infrastructure and grain-processing facilities, said Steve Bobb, BNSF group vice president of agricultural products, in a prepared statement.
