After more than 30 years of operating BNSF-owned main line between Huntley, Mont., and Sandpoint, Idaho, Montana Rail Link (MRL) reported on Jan. 10 that it is ceasing its long-term lease with the ...
MRL stands for management rights letter. U.S.-based venture capital investors will often ask for an MRL as a condition to closing a financing. Founders will often ask us, “what is an MRL?” and “why ...
The Surface Transportation Board (STB) on March 8 approved Montana Rail Link’s (MRL) petition to cease operating over main line between Huntley, Mont., and Sandpoint, Idaho, under a long-term lease ...
MISSOULA, Mont. — A letter from the president of Montana Rail Link to employees states the company has been sold to BNSF Railway. Our news partner, KGVO, got a copy of the letter Monday. In it, MRL ...
KUALA LUMPUR, July 12 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) will jointly share the costs for the East Coast Rail Link’s (ECRL) operations as ...