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CP, state at odds over DM&E deal

Posted: Friday, Aug 30th, 2013


In this 2005 file photo, a Dakota, Minnesota & Eastern Railroad train sits on tracks in Huron. A spokesman for Canadian Pacific Railway Ltd. said Thursday that the company has met its obligations from the 2007 purchase of the DM&E line.


SIOUX FALLS (AP) Canadian Pacific Railway Ltd. and the state of South Dakota are at odds over whether the railroad has met its obligation to invest $300 million in upgrades as part of the 2007 purchase of the Dakota, Minnesota & Eastern Railroad.

South Dakota Gov. Dennis Daugaard earlier this month asked the federal Surface Transportation Board to look into whether Canadian Pacific has lived up to its promises as it seeks a buyer for the former DM&E line west of Tracy, Minn.



For the complete article see the 08-30-2013 issue.

Click here to purchase an electronic version of the 08-30-2013 paper.











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