Watco is partnering with India-based Medha to convert two switchers to battery power. In addition, mining company Fortescue Metals Group of western Australia has ordered two new EMD® Joule battery-electric locomotives from Progress Rail, a Caterpillar Company.
The American Short Line and Regional Railroad Association (ASLRRA) was among those responding to the Surface Transportation Board’s (STB) call for comments on issues regarding First-Mile/Last-Mile (FMLM) service; the deadline was Dec. 17.
The Greenbrier Companies, Inc., has signed on with RailPulse, a coalition of railcar owners, builders and operators whose aim is to “aggregate North American railcar fleet data on a single platform” to increase safety and the visibility of customer goods.
RAILWAY AGE, NOVEMBER 2021 ISSUE: Railway Age’s Women in Rail awards recognize leaders for driving their businesses forward while making a difference in the industry and in their communities.
Intermodal service provider Tiger Cool Express will develop a logistics center at the former Union Pacific Cold Connect warehouse in Wallula, Wash. In addition, CSX has designated a third Tennessee property as a CSX Select Site; Bartlett, a Savage Company, will build a $325 million soybean crushing facility in Kansas, to be served by Watco; and the U.S. Economic Development Administration is awarding CARES Act Recovery Assistance grants for the construction of a new industrial rail spur in Arkansas and improvements to the Lubbock Rail Port in Texas.
Two commercial real estate firms/leasing brokers are marketing a 60-acre industrial property located within Watco’s Greens Port Industrial Park on the Houston (Tex.) Ship Channel.
A $124 million development plan is now in place to transform a significant portion of Oklahoma’s Ardmore Industrial Airport into a multi-modal logistics facility. WP Global Holdings—comprising Watco, Knightsbridge Partners and Chickasaw Nation—and property owner Ardmore Development Authority are leading the multi-phase effort under a public-private leasing agreement.
Pittsburg, Kans.-based Watco—an owner and operator of short lines, terminals, ports and mechanical shops—has entered into a strategic equity relationship with a global investment management firm.
The Short Line Safety Institute (SLSI) has released a 2020 report of safety culture assessment results; Watco has acquired the Geaux Geaux Railroad in Louisiana from Amzak Capital Management.
RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.