Two grain elevators in the Bloomington area are creating a partnership to joint venture a new rail-served grain storage and handling facility to be located in a portion of the former Chicago, Missouri & Western's (CMNW) Bloomington rail yard. The new grain facility and attendant new track construction/rail rehablilitation work would enable area grain elevators to access new markets and to obtain better rail rates through volume shipping. The following analysis seeks to determine whether the benefits of constructing this new facility exceed the costs, thereby making a trackwork investment eligible under the State's Rail Freight Assistance Program.


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    Title :

    Proposed Rail Improvement Program Supplement Update, Bloomington II, FY 1998


    Publication date :

    1997


    Size :

    16 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English