Iowa, Chicago &
Eastern (ICE) took over the IMRL in July of 2002. The first thing ICE did
was
retire most of the vintage locomotive fleet of IMRL; replacing it with
DM&E power and leasing 50+ ex-BN
SD40's from FURX (since returned to FURX). CP Rail's purchase
of ICE was finalized on Oct 30, 2008.
