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SANTA FE RAILWAY SELLS RAIL LINES TO TULARE VALLEY RAILROAD

 SCHAUMBURG, Ill., Dec. 21 /PRNewswire/ -- Santa Fe Railway sold today approximately 158 miles of branch and spur lines located in Kern, Kings, Tulare and Fresno counties, Calif., to the Tulare Valley Railroad, headquartered in Salt Lake City, Utah. San Joaquin Valley Railroad, which is a common carrier on other branch lines in the area, has been hired by Tulare Valley Railroad to act as Tulare's operating agent on the lines.
 Included in the sale are Santa Fe's interests in the Arvin and Oil City branch lines, the Porterville and Visalia branch lines, and the Cameo and Orange Cove rail spurs. An agreement was also reached between Santa Fe and Tulare Valley Railroad for Tulare's lease of the Landco spur line.
 Santa Fe Railway is committed to preserving rail services with short line railroads that can provide transportation services tailored to meet the needs of local shippers,'' said Carl Ice, vice president- administration.
 -0- 12/21/92
 /CONTACT: Linda Gustis of Santa Fe Railway, 708-995-6202/


CO: Santa Fe Railway; Tulare Valley Railroad ST: Illinois IN: TRN SU: TNM

TM -- NY070 -- 8957 12/21/92 18:11 EST
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Publication:PR Newswire
Date:Dec 21, 1992
Words:186
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