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Montana Western Railway Co., Inc.

 The fifth edition of the American Shortline Railway Guide which was published in 1996 lists their roster:

No.	Builder	Model	New	Builder No.
201	EMD	GP9	6/57	23909
201	EMD	GP9	6/57	23909
202	EMD	GP9	12/56	22056
203	GMD	GP9	4/57	A-1082
2010	EMD	GP38-2	4/73	71702-22
2011	EMD	GP38-2	4/73	71702-25