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1/20/2003



Rail News: Rail Industry Trends

Wisconsin & Southern seeks to acquire CPR line


Wisconsin & Southern Railroad Corp. (WSOR) recently filed a notice of exemption with Surface Transportation Board to acquire from Canadian Pacific Railway a 32.5-mile line between Watertown and Madison, Wis.
Since 1998, WSOR has been leasing and operating the "Waterloo Spur."


After obtaining ownership of the line, the 650-mile regional plans to upgrade track pending funds from the Midwest Regional Rail Initiative, a coalition comprising nine states, Amtrak and several private companies. The coalition aims to create a Madison-to-Milwaukee commuter-rail corridor.


The track upgrade would enable freight trains to increase speed from 10 mph to 40 mph, and commuter trains to travel 110 mph.



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