DALLAS, Texas – The Texas North Western Railway Company announced in a release that it has received a federal grant totaling $7.3 million.
The Texas North Western Railway Company announced in a release that it has received a federal grant from the FRA’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) program totaling $7.3 million. The company is a subsidiary of TNW Corporation of Dallas. The grant will go toward rail line improvements. According to the release, “TXNW will provide matching funds for the project.”
TXNW is a short line that operates 30 miles of track between Sunray and Cactus, Texas “as well as more than 180 miles of storage and switching tracks.”
This grant will allow TXNW to “upgrade 5.5 miles of track with new rail, public grade crossings, and bridges to bolster the local supply chain and ensure safe, reliable services to a growing number of cattle feedlots, dairies, and grain elevators in Moore County.” It also enables a safe movement of “286,000-lb railcars and larger locomotives to transport unit trains that serve customers located on TXNW’s line.”
TXNW credits this success to the support of “U.S. Senator John Cornyn, Texas Representative Four Price, the Texas Department of Transportation, Moore County Officials, Trinity Industries, Inc., Skyland Grain LLC, The City of Sunray, Texas, Valero Marketing and Supply, Patton Custom Fertilizer Dumas Texas Economic Development Corporation and the support of the FRA and its administrator, Paolo Couto.”
CEO of TNW, Paul Treangen said in the release: “The investment will significantly increase our ability to handle trains, improve cycle times, and enhance customer service. This will lead to a better, safer, overall rail transportation network. The project will also help regional economic development, creating jobs and an increased tax base.”
“For over 40 years, TXNW’s parent company, TNW Corporation has been a leader in the short line railroad and logistics services industry. Presently owning and operating three short line railroads, they are also a leading provider of railcar storage, owning three storage facilities, including the largest private facility in the United States. Their three short line railroads and multiple logistics centers across Texas offer a variety of transloading and railroad services to provide customers with a first and last mile advantage from TNW’s comprehensive one-stop supercenter. In addition, TNW is the rail services provider to the Port of Victoria in Victoria, Texas. For more information, visit www.tnwcorporation.com.”