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Posted inTransportation

Washington Companies to terminate Montana Rail Link lease

Montana Rail Link, the Missoula-based railroad company owned by billionaire industrialist Dennis Washington, announced Monday that it will terminate a long-term lease of its tracks through southern Montana and return them to owner BNSF Railway. The deal means that BNSF, already a dominating force on Montana’s rail network, will again control the vast majority of active railroad track in the state.