Canadian Pacific Railway is looking into the possibility of selling 660 miles of track in South Dakota and three surrounding states.
CP in 2007 bought 2,500 miles of track and equipment from South Dakota-based DM&E and its subsidiaries for $1.5 billion. CP on Tuesday said it was "inviting expressions of interest" for track from Tracy, Minn., into South Dakota, and into Nebraska and Wyoming.
Spokesman Ed Greenberg says CP has made no decision on selling the track but wants to see what interest is there.
CP on Monday said it was mothballing plans to extend its DM&E network into the Power River basin to ship Wyoming coal to power plants in other states. CP didn't directly link that decision with the one to seek interest in the DM&E west end.
Most Popular Today
- 1.Retail & Restaurants
Hy-Vee Announces Updates To Sioux Falls Stores
- 2.Recalls, General
Ford Recalls Nearly 423K Vehicles For Power Steering Problem
Software Glitch Can Cause iPhones To Crash
- 4.Retail & Restaurants
Caribou Coffee, Einstein Bagels Opening SF Location
- 5.Your Money Matters
Changing Face Of 41st Street
- 6.Your Money Matters
Downtown Sioux Falls Store Featured By Google
- 7.Gas & Energy
BNSF, Power Plant Owner Settle Long-Running Rate Dispute
Sioux Falls Ranked As Top City For College Grads
- 9.Health Care
Med-Star Settling Into New Location
- 10.Gas & Energy
Federal Commission Asked To Review Proposed Uranium Mine