System-Wide Monthly Update #4

25, April 2007

 

The 2007 capital program got off to a slow start earlier this month, thanks mainly to mother nature bringing rain, snow, wind and cold temperatures over both properties.  Despite that minor setback, we have been able to start work on several tie projects with the IC&E tie crew north of Dubuque working northward, the DM&E tie gang at Sturgis working southward and the LAColo tie gang at Janesville, Wisconsin working southward.  The CWR projects also got off to a start just this week with the LAColo crew working westward from MP 626 on the PRC sub toward Rapid City.  The Railworks crew started today working from MP 166 on the Black Hills sub southward toward Sturgis.  The RJ Corman crew will start on May 2nd at MP 0 on the IC&E’s Marquette sub working northward.

Ties and CWR are still being delivered at this time, but there are no foreseen delays because of any deliveries.

Updates for major projects are below and on the following pages:

 

 

¨       The major rail projects for 2007 are as follows:

1.     Approximately 30 miles of new 115# CWR between Colony, Wyoming and Sturgis, SD on the DM&E’s Black Hills sub

2.     Approximately 23 miles of new 115# CWR between Owanka, SD and Rapid City, SD on the DM&E’s PRC sub

3.     Approximately 7.5 miles of new 136# rail through Pierre and Fort Pierre on the DM&E’s Pierre and PRC subs

4.     Approximately 23 miles of new 136# between Sleepy Eye, Minnesota and Mankato on the DM&E’s Tracy sub

5.     Approximately 7.5 miles of new 115# CWR just west of Algona, Iowa on the IC&E’s Mason City sub.

6.     Approximately 7.5 miles of 136# CWR north of Dubuque on the IC&E’s Marquette sub.

7.     Approximately 15 miles of 136# CWR between Samoa, Iowa and Bellevue, Iowa on the IC&E’s Marquette sub

8.     Approximately 7.5 miles of new premium 115# and 136# rail for curve replacement on the IC&E’s Kansas City, River, Marquette and Mason City subs.

 

¨       The Major tie projects for 2007 are as follows:

1.     IC&E Tie projects

1.     10,000 ties on the Rockford sub

2.     20,000 ties on the Marquette sub north of Dubuque

3.     22,000 ties on the Marquette sub between Lansing, Iowa and La Crescent, Minnesota

4.     13,000 ties on the Mason City sub near New Hampton

5.     10,000 ties on the west end of the Mason City sub

6.     12,000 ties on the Jackson sub

7.     12,000 ties on the KC sub west of Nahant

8.     20,000 ties on the KC sub south of Chillicothe

9.     Also, up to 6,000 ties will be installed in sidings and yards

 

2.     DM&E Tie Projects for 2007 are as follows:

1.     25,000 ties on the Black Hills sub between Sturgis and Smithwick

2.     20,000 ties on the PRC sub between Pierre and Midland

3.     Also 6,000 ties will be installed in the Huron, Pierre, Rapid City and Waseca yards.

 

¨       Surfacing crews are expected to surface nearly 900 miles of track and unload 200,000 tons of ballast again this year.  To accomplish this task, we will utilize eight Company surfacing crews and one contracting crew.  

 

¨       There will again be several major bridge projects worth noting on both properties in 2007.  The most notable will be bridges # 303, 308 and 313 on the Black Hills sub and Bridge 1846 on the PRC sub of the DM&E and the Truman bridge and Bridge R64, Spook Cave Bridge, on the IC&E