FRA announces $3 million loan to Columbia Basin Railroad Company

Jan. 9, 2008

The Federal Railroad Administration announced that the Columbia Basin Railroad Company Inc. (CBRC) is receiving a $3 million loan under the Railroad Rehabilitation and Improvement Financing (RRIF) program. The CBRC will use the loan funds to purchase 73 miles of track it currently leases from the BNSF Railway between Connell and Moses Lake in eastern Washington State.

The Federal Railroad Administration announced that the Columbia Basin Railroad Company Inc. (CBRC) is receiving a $3 million loan under the Railroad Rehabilitation and Improvement Financing (RRIF) program. The CBRC will use the loan funds to purchase 73 miles of track it currently leases from the BNSF Railway between Connell and Moses Lake in eastern Washington State. The line acquisition is expected to increase efficiency and lower costs, allowing the CBRC to upgrade its track to handle heavier carloads for the benefit of its customers and the communities of McDonald, Grow, Sieler, Wheeler, Bassett Junction, Schrag, Warden, Warden Junction, Othello, Bruce and Shano. The CBRC primarily hauls agricultural products such as potatoes, wheat, soybean oil and frozen and packaged foods, as well as chemical commodities and fertilizer components used in agriculture.

Sponsored Recommendations

The Science Behind Sustainable Concrete Sealing Solutions

Extend the lifespan and durability of any concrete. PoreShield is a USDA BioPreferred product and is approved for residential, commercial, and industrial use. It works great above...

Powerful Concrete Protection For ANY Application

PoreShield protects concrete surfaces from water, deicing salts, oil and grease stains, and weather extremes. It's just as effective on major interstates as it is on backyard ...

Concrete Protection That’s Easy on the Environment and Tough to Beat

PoreShield's concrete penetration capabilities go just as deep as our American roots. PoreShield is a plant-based, eco-friendly alternative to solvent-based concrete sealers.

Proven Concrete Protection That’s Safe & Sustainable

Real-life DOT field tests and university researchers have found that PoreShieldTM lasts for 10+ years and extends the life of concrete.