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D&W Railroad LLC (DWRV) - 2008

With an agreement dated December 2005, Transco Railway Products and Hawkeye Renewables formed the D&W Railroad, LLC. Transco transferred the existing assets of the D&W Railroad Inc., which was formed in 2002 by Transco to acquire the rail line from Dewar to Oelwein from the Union Pacific Railroad in lieu of abandonment. The headquarters are located in Fairbank, Iowa.

The DWRV owns 19 miles of track. The railroad has contracted with the Iowa Northern Railway to maintain the line and provide service to shippers.

The main products handled on the line include grain, ethanol, feed, and rail cars to be repaired or rebuilt.