Iowa Pacific Holdings in New York State: Warren Buffet agrees with conservationists over tank cars; Governor Cuomo wants to take the railroad away from Iowa Pacific because he says they have abandoned the original purpose

By Brian Nearing, The Albany Times-Union; December 26, 2017

Albany – After an appeal from the state, a company controlled by billionaire investor Warren Buffett is removing its oil tanker railroad cars from storage on a line in the Adirondacks.

The Union Tank Car Co. on Tuesday ordered that 65 of its tankers now being stored on the Saratoga and North Creek Railway line be removed by the middle of next month. The cars were being stored there for a fee by the line’s owner, Chicago-based Iowa Pacific Holdings.

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