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From Wikipedia, the free encyclopedia
The Texas & New Mexico Railway (reporting mark TXN) is a class III short-line railroad operating in west Texas and southeast New Mexico. The railroad line operates on 111 miles of track from a connection with the Union Pacific at Monahans, Texas, and terminates at Lovington, New Mexico. The railroad primarily provides freight service for the oilfields and related industries in the region.[1]
Overview | |||
---|---|---|---|
Headquarters | Wolfforth, Texas | ||
Reporting mark | TXN | ||
Locale | Texas, New Mexico | ||
Dates of operation | 2015–present | ||
Predecessor | Texas - New Mexico Railroad (1926 - 2015) | ||
Technical | |||
Track gauge | 4 ft 8+1⁄2 in (1,435 mm) | ||
Length | 111 miles (179 km) | ||
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Lovington, New Mexico is the terminus of the TNMR.[2] Before 1930, the planned Gulf, Texas and New Mexico Railway proposed to construct a branch running westward from Seminole, Texas via Lovington, NM and terminating at Roswell, New Mexico. However, the tracks were never constructed, and for a time the nearest rail line was the Atchison, Topeka and Santa Fe Railway in nearby Seagraves, Texas.
As a result of the oil discovered in the Permian Basin in 1927, the Texas–New Mexico Railway was incorporated on November 19, 1927. Within a year the railroad fell under the control of the Texas & Pacific Railway. Construction commenced in 1928 and the line was completed on July 20, 1930.[3] In 1989, what was then Union Pacific sold the property to RailTex, and short line service started on September 18, 1989.[3] Railtex sold to RailAmerica in February 2000, which in turn sold to Permian Basin Railways in May 2002.[3] In September 2011, Iowa Pacific Holdings, which owned Permian Basin Railways, announced a major rebuilding of the railroad, including track upgrades and new locomotives, at a cost of more than $20 million.[4][5]
In May 2015 Watco purchased the assets of the Texas – New Mexico Railroad from Iowa Pacific Holdings, and renamed the railroad the Texas & New Mexico Railway.[6]
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