- D&W Railroad
-
D&W Railroad Locale Oelwein, Iowa, Fairbank, Iowa, Dunkerton, Iowa, Dewar, Iowa Dates of operation 2002–Present Track gauge 4 ft 8 1⁄2 in (1,435 mm) (standard gauge) Headquarters Chicago, Illinois The D&W Railroad is a shortline railroad operated by the Iowa Northern Railway.
Contents
History
The D&W Railroad was formed in 2002 by TRANSCO Railway Products to acquire the rail line from Dewar to Oelwein, Iowa, from the Union Pacific Railroad in lieu of abandonment. D&W Railroad headquarters are located in Chicago, Illinois. In 2005 the railroad reorganized from D&W Railroad, Inc., to D&W Railroad, LLC.[1]
The D&W owns 18.8 miles (30.3 km) of track. The railroad is operated by the Iowa Northern Railway to provide service to shippers.[2]
Upon the completion of the Hawkeye Renewables, LLC Plant in Fairbank in May 2006, Hawkeye Renewables became part owner of the line from Dewer to just outside of Fairbank. Plant capcity was originally stated as 100 MMGPY(Annual ethanol production capacity (in millions of gallons)) but quickly increased to 115 MMGPY of ethanol production.[3]
On January 6, 2011, Hawkeye Renewables, LLC plant in Fairbank a notice of agreement was given of sale to Flint Hills Resources Renewables, LLC. Sale of the Hawkeye Renewables, LLC plant in Fairbank to Flint Hills Resources Renewables, LLC was completed on February 17, 2011.[4] Upon completion of the sale Hawkeye Renewables, LLC relinquished its part ownership of the D&W Railroad back to TRANSCO Railway Products.
The main products handled on the rail line include grain, chemicals, plastic pellets, grain products and rail cars to be repaired or rebuilt.
Naming
The "D" and "W" was dedicated in remembrance for Dan and Woody, two former TRANSCO Railway Products employees, who lost their lives in an tragic accident in Oelwein.[5]
References
- ^ United States Surface Transportation Board (2005-11-16). "D&W Railroad Acquisition Exemption". The Federal Register.com. http://www.thefederalregister.com/d.p/2005-11-23-05-23094. Retrieved 2008-07-30.
- ^ United States Surface Transportation Board (2003-10-01). "Iowa Northern Railway Company Operation Exemption; STB Finance Docket No. 34402". The Federal Register.com. http://www.thefederalregister.com/d.p/2003-10-08-03-25503. Retrieved 2008-07-30.
- ^ "View Full Business Description - IPO Filings". http://ipo.nasdaq.com/TextSection.asp?cikid=710300&fnid=50097&sec=bd.
- ^ "http://communitynewspapergroup.com/articles/2011/02/17/oelwein_daily_register/news/doc4d5d537852bdc234056958.txt". http://communitynewspapergroup.com/articles/2011/02/17/oelwein_daily_register/news/doc4d5d537852bdc234056958.txt.
- ^ Masters, Steve. "Plant Manager".
External links
- TRANSCO Railway Products Inc. D&W Railroads parent company and further contact.
Categories:- Railway companies established in 2002
- Iowa railroads
- Spin-offs of the Union Pacific Railroad
- Non-operating common carrier freight railroads in the United States
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