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12/9/2002
Rail News: Rail Industry Trends
Puget Sound & Pacific to operate UP line
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Puget Sound & Pacific Railroad Co. (PS&P) recently filed a notice of exemption with Surface Transportation Board to lease and operate Union Pacific Railroad's 1.85-mile line between Blakeslee Junction and Raisch, Wash.
The line generates about $50,000 in annual revenue, PS&P officials said in the filing.
The 147-mile short line formerly was owned by ParkSierra Rail Group, which was purchased by RailAmerica Inc. in late 2001.
The line generates about $50,000 in annual revenue, PS&P officials said in the filing.
The 147-mile short line formerly was owned by ParkSierra Rail Group, which was purchased by RailAmerica Inc. in late 2001.
