For Watco, C-Suite Changes
Watco has made several executive leadership changes that the company said “will refine its focus and simplify its mission.” The changes go into effect immediately. Nick Coomes is now Executive Vice President
Watco Companies
Commentary
Austin Western Pilots DP System
Watco’s Austin Western Railroad (AWRR) is nearing completion of a project that is rare for a short line to undertake: equipping 10 of its locomotives with a distributive power (DP) system.
CPKC Joins RailPulse™ Coalition
Canadian Pacific Kansas City (CPKC) on Feb. 1 announced that it has joined the RailPulse™ Coalition, becoming the third Class I railroad and the tenth member of the coalition, which was established in late 2020 to “to develop, broaden and accelerate the use of GPS and other telematics technologies on railcars that increase safety, efficiency, and visibility across North America’s freight rail industry.”
People News: PST, MARS, SEPTA, Met Council/Metro Transit
PS Technology (PST) appoints Rushi Patel President and CEO. Also, the Midwest Association of Rail Shippers (MARS) welcomes new officers and executive director; the Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Ronald Keele new Chief Safety Officer; and Minnesota’s Metropolitan Council (Met Council) selects Ernest Morales III as Chief of the Metro Transit Police Department.
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.
‘More Like Sister Companies’
RAILWAY AGE MAY 2021 ISSUE: What started as ‘basically a handshake’ blossomed over time into a mutually beneficial working partnership.
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.