Friday, May 18, 2012

Watco, Bourque Logistics form alliance

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Bourque Logistics on Thursday said it has formed an alliance with Watco Compliance Services to offer combined railcar maintenance and regulatory compliance services to rail shippers.

The integration of the two services offers rail shippers railcar repair, maintenance, car mechanical integrity, engineering, and regulatory compliance to enhance rail asset management, budgeting, and reporting, The Woodlands, Tex.-based Bourque Logistics said.

Bourque Logistics' RAILAcct® software is a robust railcar maintenance management system that standardizes and automates shop scheduling, repair estimate/invoice approvals, shop performance reporting, maintenance project management, budgeting, and ERP-integrated payment process. The company also provides seasoned staff to help its customers effectively manage railcar maintenance.

Watco Compliance Services offers a wealth of knowledge to provide a uniform and standardized approach to railcar compliance with a broad range of technical specifications, legal, regulatory and safety rules with applicable engineering specifications and regulations.

"In addition to our day-to-day support for shopping and repair management, our clients require additional expertise in the areas of railcar engineering, regulatory compliance, and safety," said Steve Bourque, president of Bourque Logistics. "Our joint effort with Watco will provide our clients these important compliance services integrated into the shipping and repair management process and its data integration using our RAILTRAC®, RAILAcct®, and YardMaster® systems."

"Watco Compliance Services is dedicated to creating the safest railcar fleets in the industry," said Jim Rader, senior vice president of Watco Compliance Services. "By combining our expertise in safety and regulatory compliance with Bourque Logistics' state of the art management systems, we can provide our customers the best of both worlds."

Watco Compliance Services is a subsidiary of Pittsburg, Kan.-based Watco Cos. LLC, also the parent company of Watco Transportation Services, which oversees 27 short line railroads in the U.S. and 26 industrial contract switching locations.

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