(Source: Associated Press/AP Online)
CHEYENNE, Wyo. - The Dakota Minnesota & Eastern Railroad Corp. says its $6 billion plan to ship Wyoming coal across South Dakota and Minnesota has been put on hold because of the poor economy.
In court papers filed Wednesday in U.S. District Court in Cheyenne, DM&E also said it has dropped its condemnation lawsuits against some landowners in northeastern Wyoming.
The railroad filed the lawsuits in 2007 seeking condemnation of some 19 landowners in Converse, Weston, Campbell and Niobrara counties for rights of way to about 1,200 linear acres.
DM&E is based in Sioux Falls, S.D., and is owned by Canadian Pacific Railway. It has been working for years to expand and improve its tracks so it can ship coal from northeast Wyoming's Powder River Basin to power plants elsewhere.
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Information from: Casper Star-Tribune - Casper, http://www.trib.com
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