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RailAmerica will abandon troubled Oregon short line.(Rail Update)
- Article from:
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Railway Age
- Article date:
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June 1, 2008
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Following months of controversy and acrimony, Boca Raton, Fla.-based RailAmerica, Inc. said it will seek to abandon its Coos Bay Line between Coquille and Eugene, Ore., operated by subsidiary Central Oregon & Pacific Railroad (CORP). In a May 12 letter to the Surface Transportation Board, RailAmerica said feedback from Oregon Gov. Ted Kulongoski, shippers, and Union Pacific made the decision necessary.
"Upon assessing these reactions to our efforts to build a coalition to address the long-term viability of the Coos Bay Line--and, in particular, after seeing both the state of Oregon and [Union Pacific] unequivocally reject our proposals--CORP made a decision following ...