|Thursday, January 01, 2009|
COOS BAY After more than a year of vociferous conflict between federal, state and regional officials and the owner of the Central Oregon and Pacific Railroad, the International Port of Coos Bay has said it will buy the 126-mile line for $16.6 million. The purchase will allow the port to reopen a critical freight route between Eugene and Coquille that’s used by forest-product, natural-gas and manufacturing companies. Reopening the line also puts the Port of Coos Bay back in a competitive position to build a $300 million to $700 million international shipping terminal.
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