Home Archives September 2008 Rail fight gets hotter

Rail fight gets hotter

| Print |  Email
Monday, September 01, 2008

COOS BAY The battle over the Central Oregon and Pacific Railroad — the 126-mile line between Coquille and Eugene that serves forest product, natural gas and manufacturing companies — is turning into a full-bore train wreck as the conflict jumps from Oregon to Washington, D.C, and back.

Boca Raton, Fla.-based RailAmerica, which owns the line, shut it down last year due to critical problems in three of the line’s 125-year-old tunnels. The company wanted the state and private companies to foot the majority of a $30 million repair bill but failed; it’s now asking the federal Surface Transportation Board if it can abandon the line.

In Oregon, opposition to that request has been unanimous. Sen. Ron Wyden went so far as to block a White House nominee for the STB as a way to highlight his opposition to the agency possibly closing the line. U.S. Rep. Peter DeFazio, D-Springfield, added legislation to a bill that would give the Port of Coos Bay $8 million to buy the railroad (another $4 million would come from the Oregon Transportation Commission).

Marin Callery, director of freight mobility at the port, estimates coastal shippers are losing $500,000 a month because of the closure. The SBA was expected to hold a hearing in Eugene — the first step in determining the fate of the line — in late August.

ABRAHAM HYATT



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS