Caddo Valley Railroad
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Caddo Valley Railroad | |
---|---|
Reporting marks | CVYR |
Locale | Arkansas |
Dates of operation | –present |
Track gauge | 4 ft 8½ in (1435 mm) (standard gauge) |
Headquarters | Glenwood, Arkansas |
Caddo Valley Railroad (AAR reporting marks CVYR) is a short-line railroad headquartered in Glenwood, Arkansas.
CVYR operates a 52 mile line in Arkansas from Gurdon, Arkansas (where it interchanges with Union Pacific) to Bird Mill, Arkansas.
The line was initially owned by Missouri Pacific, a predecessor of Union Pacific, and was sold to Arkansas Midland Railroad (AKMD) in 1992, then in 2000 sold by AKMD to its present owners under a forced sale ordered by the Surface Transportation Board.
CVYR and AKMD are currently involved in a controversy regarding a planned sale of CVYR to Pioneer, a shortline operator. AKMD claims that, under the provisions of the sale, before the line can be sold to another party, AKMD must be given the first opportunity to repurchase it. A hearing is currently pending as of May 2006. [1]