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In court, landowners describe dealings with DM&E

(The Associated Press circulated the following article on March 6.) GILLETTE, Wyo. — A landowner said in a District Court hearing that he and other landowners put off dealing with a railroad’s land acquisition efforts until the company could prove that a rail...

DM&E Railroad looks to Wall Street

(The Associated Press circulated the following article on March 5.) MINNEAPOLIS — Washington turned down the Dakota, Minnesota & Eastern railroad’s request for a loan for the biggest U.S. rail expansion in decades. Will Wall Street be kinder? DM&E...

‘This line will be built’

(The Associated Press circulated the following article by Josh Funk on February 27.) OMAHA, Neb. — Hundreds of millions of tons of coal are hauled from northeast Wyoming each year as fast as the nation’s two largest railroads can carry it away. But Union Pacific...

Fortress completes acquisition of RailAmerica, Inc.

(RailAmerica and Fortress Investment Group issued the following news release on February 14.) BOCA RATON, Fla. — RailAmerica, Inc. and Fortress Investment Group LLC today announced the completion of the merger in which RailAmerica has been acquired by certain...

Senator Coleman: Will be tough to stop DM&E in Senate

(The Associated Press circulated the following article by Frederic J. Frommer on February 1.) WASHINGTON — Sen. Norm Coleman said Thursday that it will be tough to block the Dakota, Minnesota and Eastern Railroad’s planned coal train project in the Senate, but...