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Western Railroad Discussion > FRA awards $3M loan to CBRC [WA state shortline]


Date: 01/07/08 15:25
FRA awards $3M loan to CBRC [WA state shortline]
Author: rbx551985

Jan. 7 news from RAILWAY AGE Magazine:
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RRIF loan awarded to northwestern short line

The Federal Railroad Administration has awarded a $3 million RRIF (Railroad Rehabilitation and Improvement Financing) loan to the Columbia Basin Railroad Company, Inc. CBRC will use the funds to purchase 73 miles of track it currently leases from BNSF Railway between Connell and Moses Lake in eastern Washington State and upgrade the right-of-way to handle heavy axle loads. The CBRC primarily hauls agricultural products—potatoes, wheat, soybean oil—as well as frozen and packaged foods and chemicals and fertilizer components used in agriculture. The railroad serves the communities of McDonald, Grow, Sieler, Wheeler, Bassett Junction, Schrag, Warden, Warden Junction, Othello, Bruce, and Shano.



Date: 01/08/08 19:24
Re: FRA awards $3M loan to CBRC [WA state shortline]
Author: bnsftrucker

I was just wondering if the Temples were to have requested more than $3 mil. and purchase the Woodinville sub between Snohomish, and Bellevue, would you think it would be economical for them to operate that segment and service the existing customers and do an interchange with the BNSF up in Snohomish?
And who knows, the dinner train may operate on that segment as well.
It's just a thought.



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