Re: Iowa Pacific - SSDD
Author: Erik H.
Date: 09-20-2017 - 14:42
J.K. Trowling Wrote:
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> You can't sell what you don't own...The only lines Iowa Pacific now owns after selling off
> the valuable assets to cover losses and play choo-choo are the...Mount Hood
There was an article in a local newspaper a few months ago that there is a group interested in buying the Mount Hood Railroad. But it didn't make a profit for the last owners, it reportedly hasn't made a profit for Iowa Pacific, and virtually all of its freight traffic is gone except Mount Hood Lumber.
I bet it's a bike trail within 5-10 years.