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The transaction provides capital to Watco for further expansion of specific projects and offers Kinder Morgan the opportunity to share in the subsequent growth. In April 2011, Watco began operating the Autauga Northern Railroad , between Maplesville and Autauga Creek, Alabama , the third short line in Alabama operated by Watco.
It is one of 40+ short-line railroads owned by Watco. The company leases a 123 miles (198 km) line from the Norfolk Southern running south from Grand Rapids, Michigan, through Kalamazoo, Michigan, to Elkhart, Indiana. The line they lease was a former Grand Rapids and Indiana Railroad mainline from Grand Rapids to Kalamazoo. From Kalamazoo to ...
In May 2019, after an agreement made in January, Friends of the 261 acquired former Milwaukee Road EMD E9 #32A from the Wisconsin and Southern Railroad, which is owned by Watco. First showcased at Union Depot Day from May 31 to June 2, it pulled its first excursion on June 22, still painted in Wisconsin and Southern colors minus the former ...
The West Texas & Lubbock Railway (reporting mark WTLC) is a shortline railroad in Texas, owned by Watco.It connects the BNSF in Lubbock with agricultural and oil-producing areas to the west and southwest.
Buoyed by promised pardons of their brethren for their Jan. 6 crimes and by Trump’s embrace of popular extremist far-right figures, those groups will likely see a resurgence after January ...
Business leaders warn of risks from inflationary tariffs and potential budget cuts at Goldman Sachs' Industrial and Materials conference.
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