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Rapid City, Pierre & Eastern Railroad Purchase of State-Owned Rail Lines

Sector: Mass Transit • Location: Wolsey, Yale, Huron, South Dakota, United States

Source: Trains Magazine

Project
Proposed

Genesee & Wyoming’s Rapid City, Pierre & Eastern Railroad is proposing to buy two sections of state-owned rail lines totaling 19.5 miles from the state of South Dakota. The purchase includes 4.2 miles of track and associated land at the Wolsey Interchange, where it connects with BNSF Railway, and the 15.3-mile Yale Rail Line between Yale and Huron, S.D. The railroad currently leases both propertie

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The project “Rapid City, Pierre & Eastern Railroad Purchase of State-Owned Rail Lines” is an infrastructure initiative in the Mass Transit sector, located in Wolsey, Yale, Huron, South Dakota, United States. Taiyo aggregates data on it from Trains Magazine.

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Description

Description

Genesee & Wyoming’s Rapid City, Pierre & Eastern Railroad is proposing to buy two sections of state-owned rail lines totaling 19.5 miles from the state of South Dakota. The purchase includes 4.2 miles of track and associated land at the Wolsey Interchange, where it connects with BNSF Railway, and the 15.3-mile Yale Rail Line between Yale and Huron, S.D. The railroad currently leases both properties and proposes to pay $3.125 million for them. The proposal includes conditions such as the state's right to repurchase the Yale Line if abandonment is sought and a right of first refusal if the railroad sells the properties to a third party.

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