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Re: Mt. Hood Rwy For Sale--any freight traffic on the line?
Author: shortline sammie
Date: 07-26-2007 - 23:00

There were several investors in the original Mt. Hood purchase. They received a RRIF loan several years ago to do some maintenance, refinance their original loan and I believe buy the GP? whatever it is.

The upper part of the line is still out of service with what I have heard is 1/2 million dollars to fix. 400 cars of freight doesn't go very far to make the line profitable with the 5+ million price tag.

I'm sure the Mt. Hood is captive to the UP; any lumber/reefer traffic most likely has to be routed UP.

Unless the dinner train, Thomas the Tank and the steam operation is highly profitable, I wouldn't think there will be many takers with only 400 freight cars a year. BUT I MIGHT BE WRONG; Stranger things have happened in the shortline business!!!

Shortline Sammie

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Subject Written By Date/Time (PST)
  Mt. Hood Rwy For Sale E 07-26-2007 - 11:40
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Ross Hall 07-26-2007 - 17:05
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Rich Hunn 07-26-2007 - 17:12
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? George Manley 07-26-2007 - 21:33
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Choo Choo 07-26-2007 - 22:15
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? 123 07-26-2007 - 18:36
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? shortline sammie 07-26-2007 - 23:00
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Choo Choo 07-26-2007 - 23:26
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? shortline sammie 07-26-2007 - 23:47
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? eastside 07-27-2007 - 08:28
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? E 07-27-2007 - 11:22
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Arlen Sheldrake 07-27-2007 - 22:40
  Re: Mt. Hood Rwy For Sale--any freight traffic on the line? Tom 07-29-2007 - 00:58


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