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FLOOD DAMAGE ESTIMATED BY SANTA FE RAILWAY

 SCHAUMBURG, Ill., Aug. 2 /PRNewswire/ -- Santa Fe Railway has estimated the partial impact of flood damage caused by rains in the Midwest. From July 10 when service was first disrupted through the end of July, an estimated $20 million in revenue has been lost. In addition, it is currently estimated that up to $15 million will be required to repair or restore track, facilities and equipment. While there will be some reduction in expenses resulting from decreased volumes, costs associated with detouring Santa Fe trains on other lines are expected to be significant, but are not fully known at this time. Santa Fe Railway has detoured about 200 trains over other railroads while accommodating 110 trains from other railroads on its lines.
 Santa Fe Railway's transcontinental main line between Chicago and Kansas City continues to be out of service due to severe flooding; however, it is estimated the line will reopen Wednesday, Aug. 4. Every step is being taken to return the system to normal service as soon as possible. Railway continues to implement an extensive detour program and to work with shippers to minimize the effects of this disruption in service.
 -0- 8/2/93
 /CONTACT: Catherine Westphal of Santa Fe Railway, 708-995-6267/


CO: Santa Fe Railway ST: Illinois IN: TRN SU:

MP -- NY070 -- 8388 08/02/93 12:58 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
Words:222
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