On May 23, 2011, the railroad announced that the North Central Iowa Rail Corridor LLC planned to purchase about  of trackage from the Union Pacific Railroad between Forest City and Belmond, Iowa, that it would access via trackage rights on the Canadian Pacific Railway.
On May 23, 2011, the railroad stated that the North Central Iowa Rail Corridor LLC planned to acquire around a section of rails from the Union Pacific Railroad between Forest City and Belmond, Iowa, which it would access via rail rights on the Canadian Pacific Railway.