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The Case Against Progressive Rail

The Case Against Progressive Rail

Progressive Rail is not the type of company our environmentally conscious local leaders should endorse. Yet they are about to sign a 10-year contract with them. Learn how our Regional Transportation Commission (RTC) arrived at this ironic juncture and why they must pivot while they still can. 

Progressive Rail Execs Sued For Fraud

Three Progressive Rail executives are named in an ongoing July 2017 class action lawsuit related to a U.S. Securities lawsuit alleging widespread fraud.
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Stories From Progressive’s Midwest Towns

Some benefit from Progressive’s operations, others raise safety, health, traffic, and environmental concerns. 
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A Secretive, Biased Process

RTC staff strongly favored hiring Progressive Rail well before Iowa Pacific had even announced it would like to get out of its contract.
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We Don’t Need to Hire a New Operator

The rationale for signing a new operator agreement is based on a manufactured sense of urgency that does not match the facts.
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Flawed Rail Contract

An analysis of the proposed contract with Progressive Rail which mirrors most of the 2010 Iowa Pacific contract with additions and deletions that create unacceptable risks.
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Failure Likely But Success Could Be Worse

The RTC is gambling on either another money-losing freight operation or new use of the tracks that will hinder real transit solutions for the community.
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Posts in this Series

The Case Against Progressive Rail

  1. Progressive Rail Execs Sued For Fraud
  2. Stories From Progressive’s Midwest Towns
  3. A Secretive, Biased Process
  4. We Don’t Need to Hire a New Operator
  5. Flawed Rail Contract
  6. Failure Likely But Success Could Be Worse

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