Watco Companies

STB OKs Watco Wisconsin and Michigan Acquisitions

The Surface Transportation Board On Dec. 20 issued a decision granting approval for exemptions sought by Watco Holdings, Inc., and two of its subsidiaries in the acquisition of approximately 652 miles of rail line in Wisconsin and Michigan from Wisconsin Central Ltd. (WCL), which is controlled by CN.

TrinityRail is offering its customers real-time railcar tracking, and has acquired a tank car cleaning company to expand Maintenance Services.

TrinityRail Launches Trinsight Railcar Tracking

TrinityRail has introduced Trinsight™ tracking to provide shippers with railcar and cargo location, condition and status information in real time. The company also reported that its Maintenance Services division has acquired Bay Worx Rail, a Texas-based tank car cleaning business.