FMRC operates two connected lines:
FMRC also operates, under its wholly owned subsidiary Grainbelt Corporation, of lines from Enid, Oklahoma, to Frederick, Oklahoma, and over of BNSF Railway trackage rights from Snyder, Oklahoma, to Quanah, Texas.
FMRC and Grainbelt traffic includes wheat, steel products, fertilizer, rail cars undergoing repair, gypsum rock and associated products, oil field materials, cotton, lumber, feed grains and meals, and farm implements.
The FMRC lines are owned by the state of Oklahoma and were leased to FMRC in 1993. The Grainbelt line began operations as a short-line railroad in 1987.