Watco Transportation Services

New oil-gas rail terminal on tap for Texas

Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve the growing oil and natural gas industries in the Permian Basin.

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Watco to control Wisconsin & Southern

Pittsburgh, Kan.-based Watco Transportation Services, LLC has announced it is acquiring what it calls “controlling ownership” of Milwaukee-based Wisconsin & Southern Railroad Co. (WSOR). Watco’s acquisition adds Wisconsin’s second-largest railroad to it stable of short line and regional properties.