QUOTE: IMMEDIATE RELEASE: OMAHA, October 7 -- Union Pacific Railroad announced today it has sold the central portion of the former Rock Island Line across central-Missouri to the Missouri Central Railroad. Financial terms of the sale were not disclosed. The portion of the line Union Pacific sold to Missouri Central is 244 miles between Vigus, which is west of St. Louis near Chesterfield, to Pleasant Hill. Union Pacific will retain the ownership of the line between Kansas City to Pleasant Hill and Vigus to St. Louis. Missouri Central will be able to operate over those portions of the line through a trackage rights agreement. The Missouri Central will take over the line today. The line, locally known as the "Rock Island line", was acquired by Union Pacific as the result of the 1996 UP/Southern Pacific Railroad merger. Southern Pacific had purchased the line from the bankrupt Rock Island in the early 1980s to have a route between St. Louis and Kansas City. SP, however, obtained permission to operate over a parallel line owned by Union Pacific as a result of the merger between UP and Missouri Pacific Railroad in 1982. The line has not been used, except for about 80 miles between St. Louis and Owensville, since the early 1980s.
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