More New Mexico News

On the UP Website this am:
Burlington Northern to Sell New Mexico Rail Line
BNSF Railway said Nov. 28 that it reached an agreement with the New Mexico Department of Transportation to sell a 300-mile rail line to the state for $76 million to create a commuter rail line, Reuters reports.
The sale of the line between Belen, Mexico, and Trinidad, Colo., will be closed in segments, and BNSF will keep on-going freight easement rights on the line, the railroad said.
New Mexico also will acquire part of BNSF's Albuquerque rail yard property. The sale and start of commuter rail service depends on the completion of other agreements expected by early next year, BNSF said.