UP to lease 1.25 miles of Kansas City trackage to new shortline railroad
WASHINGTON – Union Pacific will lease 1.25 miles of trackage in Kansas City, Missouri, to a new Jaguar Transport short line in March.
The Kansas City West Bottoms Railroad will serve a cluster of customers located off UP’s KC Metro Big Mary Subdivision between milepost 0.63 and milepost 1.6 in Kansas City, according to a regulatory filing. KCWB also will lease and operate the adjacent State Line Yard trackage.
“Union Pacific and Jaguar Transport are excited about the growth potential of the … short line railroad and the positive impact that the operation will have on local industries,” UP spokeswoman Robynn Tysver said.
The deal – the second transfer this year of UP local switching operations to a short line – is scheduled to take effect on or after March 2.
UP is handing off local and yard operations in Eugene, Oregon, to Genesee & Wyoming short line Central Oregon & Pacific.
Jaguar representatives did not respond to an email requesting additional information about the Kansas City transaction. Jaguar currently operates 15 short lines, including industrial switching agreements.
The post UP to lease 1.25 miles of Kansas City trackage to new shortline railroad appeared first on FreightWaves.
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