By Mairav Zonszein, Santa Cruz Sentinel; December 13, 2017
SANTA CRUZ >> Iowa Pacific Holdings, the Chicago-based railroad operator contracted to use the Santa Cruz Branch Rail Line, confirmed Wednesday that it will be pulling out of its contract with the Santa Cruz County Regional Transportation Commission, corroborating months of rumors that the company was backing out.
“We have notified the commission we will cooperate if they wish to find a new operator. We have suggested it is in our mutual best interest to find a new operator,” Kevin Busath, Iowa Pacific’s vice president of strategic planning, told the Sentinel.
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