Worldlink story
Deal hinges on ownership of additional CORP stations
COOS BAY — The Oregon International Port of Coos Bay wants to purchase the Coos Bay rail line. But the agency wants more track than what Central Oregon & Pacific Railroad is ready to abandon.
In its feeder line application to the U.S. Surface Transportation Board, the port said it is willing to purchase the embargoed line for $9.8 million. It will only do so if it gains ownership of three stations at the eastern end of the line that CORP has expressed no interest in letting go.