Class I deal: Watco adds Houston terminal
Watco Companies, LLC, the owner and operator of Greens Port Industrial Park (Greens Port), located on the Houston Ship Channel, has acquired the assets of Industrial Terminals, L.P.
Watco Companies, LLC, the owner and operator of Greens Port Industrial Park (Greens Port), located on the Houston Ship Channel, has acquired the assets of Industrial Terminals, L.P.
Watco Cos. LLC, a short line railroad holding and transportation services company based in Pittsburg, Kan., has selected Herzog Technologies, Inc. (HTI) to provide Positive Train Control (PTC) hosting services. HTI previously announced PTC hosting contracts with Tacoma, Wash.-based short line Tacoma Rail and Ohio-based regional Wheeling & Lake Erie.
Union Pacific and its rail partners plan to up the frequency of its Cold Connect refrigerated produce service with an eye on expanded market opportunities for Idaho potatoes in New York state.
Construction is slated to start this month on a $184-million wheat straw pulp mill in Southeast Washington state, the first of its kind and the first new pulp facility of any kind in the state in years.
Watco Companies celebrated a new Safety Through Awareness and Training (STAT) Center with a ribbon cutting.
Wi-Tronix, LLC of Bolingbrook, Ill., announced that it has signed a contract to provide its Wi-Nostix predictive diagnostics software-as-a-service for Co-Operative Bulk Handling Group, Australia’s largest grain co-op.
The Jacksonville Port Terminal Railroad (JXPT) officially began services on March 8.
Kansas City Southern announced Oct. 6 that its U.S. subsidiary, The Kansas City Southern Railway Company (KCSR), has opened a new, multi-commodity transload terminal at its former Zacha intermodal terminal in Dallas, Texas. KCSR has named Watco Transloading, L.L.C. (Watco) as its operator for the facility, effective October 17, 2016.
Herzog Technologies, Inc. (HTI) has entered into a contract with short line holding company Watco Companies, LLC to provide PTC (positive train control) program management and back office hosting services.
The Greenbrier Companies announced Sept. 8, 2016 that its subsidiary, Greenbrier Management Services LLC (GMS) has expanded its railcar asset management business with the launch of a new Regulatory Services Group led by James H. Rader, Vice President of Regulatory Services.