Developments in Kiowa County. Progress seems to be steady.
Beyond the grain elevator now under construction, there seems to be a fair amount of wishful thinking involved.
Colorado Pacific submitted the winning bid for the bankrupt San Luis & Rio Grande RR.
Jeff
25 mph and 286k compliant.
If there is consistent agricultural business they should be able to make a go of it.
It is not that different from other grainger short lines on the plains.
Considering that they own a very large portion of the cropland under production (white wheat) and have spent a healthy chunk of $$$ undoing the damage caused by previous owner V&S/A&K Materials, they will do just fine. (The owner/son is very hands-on and very visible in the community)
It would help if the recovery from the extreme drought from two years ago stays away and lets dryland farming resume.
Wikipedia states that V&S/A&K were “forced” to sell (2014) . Is there a story there?
I believe that the STB reasonably concluded that V&S/A&K had no interest in continued operation of the line (was more interested in selling the scrap) and did not appreciate that they were gaming the process.
This is a favorite tactic of A&K, using a subsidiary (V&S, SF&L, KCT etc) to gut a rail line and speed the way to abandonment and scrapping.They then disappear and emerge somewhere else. They ditch their responsibilities as landowners/custodians after abandonment and leave others to pick up the pieces. Bad corporate citizen for over 30 years.
Some of you may have heard of a more prominent case of what happened here with the sale and proposed abandonment of the west end of the TP&W.
[quote user=“mudchicken”]
CSSHEGEWISCH
I believe that the STB reasonably concluded that V&S/A&K had no interest in continued operation of the line (was more interested in selling the scrap) and did not appreciate that they were gaming the process.
CSSHEGEWISCH
I believe that the STB reasonably concluded that V&S/A&K had no interest in continued operation of the line (was more interested in selling the scrap) and did not appreciate that they were gaming the process.
CSSHEGEWISCH
I believe that the STB reasonably concluded that V&S/A&K had no interest in continued operation of the line (was more interested in selling the scrap) and did not appreciate that they were gaming the process.
"…This is a favorite tactic of A&K, using a subsidiary (V&S, SF&L, KCT etc) to gut a rail line and speed the way to abandonment and scrapping.They then disappear and emerge somewhere else. They ditch their responsibilities as landowners/custodians after abandonment and leave others to pick up the pieces. Bad corporate citizen for over 30 years.
Some of you may have heard of a more prominent case of what happened here with the sale and proposed abandonment of the west end of